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Bitcoin fuel

Publish: 2021-05-15 10:10:06
1.

Although many countries do not recognize the value and status of bitcoin, bitcoin is still popular in recent years, and its existence is controversial. Some people say that it has no practical significance, just a number. If it is not officially recognized by the world, mining is a constant waste of energy. Some people say & lt; No one can be sure whether bitcoin is a black horse or not


in fact, bitcoin is calculated and proced through computer networking, also known as mining. At the beginning, there was a personal computer to dig, but the efficiency was relatively low, and the cost of graphics card was low. Then there was a special bitcoin mining machine, ranging from several hundred to two or three hundred thousand yuan


when we talk about bitcoin, we naturally need blockchain because of the blockchain, bitcoin can become bitcoin. It is a secure general ledger for all payments and transactions. It can be said that everyone can contribute to the update. We need to solve a very complex mathematical problem by brute force& mdash; Hash algorithm to complete a block

many people want to know the value of a bitcoin. In fact, the price of bitcoin is changing all the time. We need to check the figures of that day. At present, the price of a bitcoin is less than 30000

2. Blockchain is a public database designed for bitcoin, a digital cryptocurrency. It records every transaction on the network in chronological order, which makes bitcoin very secure and avoids centralized verification. Blockchain is the technical basis for the existence of bitcoin, and also the technical guarantee for the authenticity and reliability of bitcoin transactions< However, blockchain technology is not limited to bitcoin. Today's experts are considering whether it can be used to track the flow of electrons in a distributed grid. Of course, there are also some domestic enterprises testing the water blockchain projects, such as the crowdfunding of digital currency in China.
3. (1) Block time: Thor Chian Raytheon public chain blocks every 5 minutes, BTC bitcoin blocks every 10 minutes
(2) value basis: Thor chain is POW energy consumption + Odin fuel consumption, BTC is POW energy consumption
(3) miner protection mechanism: Thor chain sets Odin computing access, BTC has no miner protection mechanism
(4) mining cost: Raytheon public chain increases with computing power and Odin fuel cost, and BTC increases with computing power
(5) miner access threshold: the Odin computing power binding of Raytheon public chain decreases by 1 / 2 for every 140000 block height, and the BTC remains unchanged.
4. We have the same confusion.
5. Bitcoin is the first application on the blockchain and the most classic representative of digital currency. Bitcoin proposes a P2P form of decentralized management and payment system, which is well known by the world. However, with the development of the times, the first generation blockchain still has the congenital defects of slow data processing speed and high data rendancy. Bitcoin is still not suitable for the application scenarios in daily life. The current digital currency mostly imitates the technical mode of bitcoin, which is called "one generation coin"

ACC is the local currency of assets, which is the representative of the typical "second token". It is an asset token based on the application of blockchain technology in order to realize the value transfer within the scope of application. ACC is based on the application of digital assets. ACC is used as fuel for the issuance, transfer and voting of digital assets. Its operation mechanism is the balance between currency pool and asset pool, that is, when assets enter the pool, currency will be released. This strict standard system anchored with asset portfolio is a great progress in the application of blockchain.
6.

Bitcoin can be called an electricity swallowing beast, consuming global energy. This incident has also aroused heated discussion among netizens on the Internet. In fact, speaking of bitcoin, it is very mysterious and has only developed on the Internet in recent years. Bitcoin mining consumes a lot of power, which is related to the computers it uses, because we all know that mining requires professional mining machines. Even the most advanced mining machines have very high proction power in the market, and these mining machines need 24 hours of continuous operation to dig a small amount of bitcoin, and they also need to keep cooling, So this is the reason why bitcoin consumes a lot of power

Third, the impact on people's lives

we also hope that the local government can stop the mining behavior, and also hope that all over the world can support the mining behavior of bitcoin, many netizens said, The rise of bitcoin price has nothing to do with ordinary people. On the contrary, it has led to the rise of the price of graphics cards, which has a very big impact. We all know that bitcoin is different from legal currency, which has no practical significance. We hope that people can recognize its true colors, and that the relevant government can close bitcoin mines. Only in this way can our motherland develop more rapidly, Let's live more and more

7. Bitcoin consumes a lot of electricity, but it doesn't take up power resources. At present, China's mines basically use the local surplus electricity that can't be transported. Environmental damage is bullshit. For example, can a computer cause environmental damage? The bitcoin network world is like thousands of computers running.
8.

Musk's speech has the following meanings. Let's explain a little. For environmental reasons, Tesla stopped using bitcoin to pay for the car. Find an excuse for Wei Guangzheng to go down the slope and say to suspend comparative art, that is to say, one day you can continue to pay for it. In fact, this is a means of propaganda. Now there is no obstacle for bitcoin to change into US dollars. What's the problem with buying Tesla with us dollars? So, buying Tesla with bitcoin is a gimmick. It's funny. Taking it back is just like taking it back when a child plays home

I can't think of any other explanation except for the layout ahead of time and the use of price fluctuations to make a lot of money. What about bitcoin's high emissions?? As a firm believer in the future of bitcoin, Tesla, with instry influence, didn't know before announcing its acceptance? I don't know if cryptocurrency is beneficial to the business community, but it is very beneficial for Mr. Ma to speculate by accepting or not cryptocurrency. I can see that Tesla is a tool for Ma Zong to earn fame. Fame can be realized through this channel. This wave is really in the atmosphere

9.

Tesla has suspended the purchase of bitcoin cars because musk found that these days bitcoin has used traditional fuel energy to mine, which is not environmentally friendly. He has suspended the use of bitcoin for payment, and will consider more clean and environmentally friendly virtual currencies in the future. anyway, bitcoin no longer has the right to buy Tesla{ RRRRR}

the world's major economically developed countries have put forward restrictions on virtual currency, especially on the account such as bitcoin transaction. All countries are graally improving the laws, regulations and supervision on the success, because we find that the financial loopholes are too big. In other words, it is easy to use virtual currency to launder money, There is too much room for operation. In the traditional real instrial economy, there is limited room for you to do business, so you can't leave such a big loophole. We are graally strengthening the supervision of this virtual currency, which is not easy to do in the future

10.

Tesla will not sell any bitcoin . As long as bitcoin mining transits to other sustainable energy sources as soon as possible, Tesla intends to trade with bitcoin. Tesla is also looking for other cryptocurrencies that use less energy than bitcoin

after the U.S. stock market closed on Wednesday, Tesla CEO musk suddenly announced on social media that Tesla had asked to stop buying cars with bitcoin. We are worried that bitcoin mining and trading will lead to the rapid growth of fossil fuel consumption, especially coal, which has the worst impact on all fossil fuel emissions

At the same time, musk said that cryptocurrency is a good idea in many aspects. Tesla thinks it has a bright future, but it can't be achieved by making the environment pay a heavy price

the impact of Tesla's suspension of bitcoin payment:

affected by this news, bitcoin dived more than $3000 in just 40 minutes after hours on Wednesday, and the lowest fell to $51600, a percentage decline of nearly 6%, down more than $6000 compared with the intraday high

Doge's intraday decline expanded to more than 12%, and now the decline narrowed to 3.22%. Shib, commonly known as Shibi in China, once fell more than 40% in 24 hours, but now it is down 23.22%

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