Annual bitcoin mining

1.

at present, the computing power of bitcoin in the whole network has reached 2.36 billion hash collisions per second, which is equivalent to the number of water droplets in more than 200000 50 meter long standard swimming pools. But even with such a large amount of computing power, it will take about 10 minutes to hit a hash value that meets the requirements

in 2012, bitcoin's output was halved for the first time, and in July 2016, bitcoin's output was halved for the second time. At present, 12.5 bitcoins are awarded for recording one page of account book. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, with a total of 21 million. In other words, the difficulty of digging bitcoin is increasing, while the time required is increasing

2. 1、 Bitcoin is an experimental currency, and the consensus of core members is that bitcoin is only a virtual experimental currency. Its existence value is to prove whether money must have thing value or only need a currency symbol. If it survives, and can always be used as a trading chip, then the proof of money does not need physical value, as long as a reasonable currency symbol. If it can not survive, then the proof of money must have a certain physical value. 2、 Bitcoin is "mined" by calculating the results of mathematical problems. I think you can pay for bitcoin to get an answer to a math problem. You know, computing resources are valuable, and many people don't realize it.

3. Bitcoin is the most popular virtual internet currency in the world. It can also buy a lot of things now. This kind of virtual currency can be obtained through the function of mining machine.? So how to get bitcoin? First of all, your computer should be installed with the latest version of bitcoin client. After opening the client, it will automatically download all the transaction information data on the network to the local. Depending on the network speed, this process may take several hours. At this time, your account balance is 0, you can ask your friends to send you some coins, but there are two more feasible ways: one is to do business, the other is to do mining. Many domestic users choose the second way, that is to do mining. More and more people are willing to work as miners themselves and let their computers proce bitcoin! It sounds tempting - just one computer can make money! The bitcoin g up by yourself as a miner can be converted into real RMB at bitcoin China trading platform! Now the threshold is higher than before. It's better to need professional computers. The difficulty of bitcoin mining is directly proportional to the amount of money that has been mined. The more difficult it is to mine, the more difficult it will be. After 20 million bitcoins are mined out in 2030, the remaining 1 million bitcoins will probably take decades to be mined out. At present, if the computer is on 24 hours, it will take about three months to dig a bitcoin.

4. It is recommended not to participate in investment,

this kind of virtual currency is not a digital currency recognized by the central bank,

it is not protected by law,

the corresponding platform may collapse or run away at any time.

5. Bitcoin is the currency calculated by the program, not unlimited. We already know how many bitcoins there are, but we don't know where to mine them. This fixed total is the reason why it was thought that it would not depreciate, so it was optimistic

6. 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. The biggest difference between bitcoin and other virtual currencies is that the total number of bitcoin is very limited and extremely scarce. The total number of bitcoin is about 21 million. At present, 17 million bitcoins have been mined
warm tips:
1. The above explanations are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
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7. The total amount is 21 million, about one block is proced every 10 minutes, and the number of bitcoins in each block is 12.5 after being halved twice, that is to say, 12.5 bitcoins are proced every 10 minutes

8. The total number of bitcoins is 21 million. At present, 15.85 million have been g out, so the output has become less, and the interest rate of the major proposed platforms has also been reced accordingly. If you pay attention, you may have noticed that the centrifugation of haobtc and the major platforms has been adjusted. You can pay attention to the dynamics of the currency circle when you have nothing to do. It will help you.

9. There are two main reasons for the decrease of bitcoin output of bitcoin miners:

1. With the increase of computing power in the whole network, the proportion of computing power owned by miners in the whole network decreases
2. The generation of bitcoin is slowing down. When bitcoin was born in 2009, each reward was 50 bitcoins. Ten minutes after its birth, the first 50 bitcoins were generated, and the total amount of money at this time is 50. Then bitcoin grew at a rate of about 50 every 10 minutes. When the total amount reaches 10.5 million (50% of 21 million), the bounty will be halved to 25. When the total amount reached 15.75 million (5.25 million new output, or 50% of 1050), the bounty was further halved to 12.5. In theory, bitcoin's mining speed has halved in four years.

10. Bitcoin, the process of mining is to constantly seek the special solution of this equation system through a huge amount of calculation. This equation system is designed to have only 21 million special solutions, so the upper limit of bitcoin is 21 million.