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The current cost of bitcoin

Publish: 2021-03-29 07:07:18
1. 1. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. According to the idea of Nakamoto, the open source software is designed and released, and the P2P network on it is constructed. Bitcoin is a virtual encrypted digital currency in the form of P2P. Point to point transmission means a decentralized payment system< Different from all currencies, bitcoin does not rely on specific currency institutions. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses the design of cryptography to ensure the security of all aspects of currency circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity

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2. Because the price of bitcoin has plummeted in recent days, resulting in the capital damage of many investors, and the whole digital money market is full of grief
according to coinsmart, the highest price of BTC this month is $6533.4, while the current price is $4480.87, which once fell to $4100, a new low of this year, with a decrease of about 30%. The market value of bitcoin once evaporated by nearly one third, with a current market value of $548.1 billion
the overall market has fallen so miserably that some of the investors directly involved have lost tens of millions in this market
affected by bitcoin, the mining machine market also suffered. At present, the current price of bitcoin is lower than or close to the mining cost price in many areas, which means that the profit will be greatly reced or even the cost will be lost. Due to the unbearable losses, many players resell "mining equipment", and withdraw from the coin circle. At the same time, e to the currency decline, the income from "mining" can not make up for the hard expenses such as electricity charges, so that some loss making mining machines can only be cleared.
3.

Bitcoin is just like the currency in the game, but no one releases bitcoin. Instead, it relies on a specific algorithm to generate , so now people looking for bitcoin also call themselves miners, but they rely on computers to mine


the rise of bitcoin is e to the restructuring of global risk assets , and the widening of investment channels for encrypted assets . Since the beginning of this year, the volatility of securities and foreign exchange markets has intensified, and global investors are looking for safe assets. Traditional safe asset gold is more dependent on the real economy and inflation expectations, Bitcoin is more like a sensitive index, gaining a certain asset hedging advantage

4. This is hard to say. Ant miner once said that its mining cost is only about 200 yuan. In September 2014, major mining machinery manufacturers generally believed that their mining cost was around 2000. To be specific, the following figure is the basic information of bitcoin mining Revenue:
5. Mining now? The cost of bitcoin is too high! Now that the situation is over, you might as well know about the Khan currency, which is a real virtual digital cryptocurrency. Now the price is only a few cents, which is very cost-effective. You can know about it
6. Bitcoin mining machine can be done for tens of thousands of yuan now, but the high electricity cost is not affordable by most of us. It is not recommended that bitcoin can choose some other currencies for mining.
7. < UL >
  • a $5 bitcoin transaction may have the same handling charge as a $5000 bitcoin transaction. Fees are not measured in dollars, not even in the number of bitcoins

  • they are measured by "satoshis". Satoshis is the smallest unit of bitcoin: 100000000 satoshis = 1btc

  • instead of paying for every bit of bitcoin you send, you are actually paying for the space your transaction occupies in the block. The average transaction size is 226 bytes, so the time to confirm the transaction depends on the cost of the transaction

  • 8. The outer city circle can build a brand from zero to ten thousand around your marketing goal, optimize the implementation process in real time, and ensure the maximization of advertising value. It is the best choice to promote blockchain projects.
    9. But the most influential one is okex, which is widely recognized by coin friends as "Huangpu Military Academy".
    10. From the traditional promotion is divided into offline way, mainly about the promotion in the entity and the Internet is divided into different ways. The main promotion of blockchain is in e-commerce network promotion channels (database marketing, social media marketing, online advertising, mobile client, distribution platform, search engine marketing, resource cooperation marketing, classified information, etc.). The mode is always changeable, but it's always the same, no matter which promotion channels are only for a common goal: profit
    the above is purely personal.
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