How many years can bitcoin mine
You can't dig in a day. It takes 2000 years
the global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin
in order to make the graphics card fully loaded for a long time, the power consumption will be quite high, and the electricity bill will be higher and higher. Many professional mines at home and abroad are operated in areas with extremely low electricity charges, such as hydropower stations, while more users can only mine at home or in ordinary mines, so the electricity charges are not cheap. Even in a certain residential area in Yunnan, there was a case of crazy mining, which led to a large area trip of the residential area, and the transformer was burned
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bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system
bitcoin network will automatically adjust the difficulty of mathematical problems, so that the whole network can get a qualified answer about every 10 minutes. Then bitcoin network will generate a certain amount of bitcoin as block reward to reward the person who gets the answer
when bitcoin was born in 2009, block rewards were 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 block reward will be halved to 25
when the total amount reaches 15.75 million (5.25 million new output, i.e. 50% of 1050), the block reward will be further halved to 12.5. The monetary system used to have no more than 10.5 million in four years, after which the total number will be permanently limited to about 21 million
Step 1: prepare mining machines and pools
if you want to dig bitcoin, you must prepare professional equipment. At present, there are many professional mining machines on the market, and the pool is also essential. When you choose a pool, you should also compare the output and income gap of each pool, and then choose the most suitable one
Step 2: register and set the mine account
after the mine is ready, register the mine account and set a common email. When setting the mine account, each CPU or GPU needs to set a mine account
Step 3: download the bitcoin miner
after you register and set up your account, you need to download the bitcoin miner. When downloading the miner, be sure to choose the miner that can make your CPU and graphics card play the most function. After downloading, set the server, user name, password, device and so on
Step 4: Mining
after setting up the miner, click the "start mining" button, the miner will enter the state of full speed operation, and the miner will start mining automatically.
Bitcoin is a kind of network virtual currency. Bitcoin network generates new bitcoin through "mining". In essence, the so-called "mining" is to use computers to solve a complex mathematical problem to ensure the consistency of bitcoin network distributed accounting system. Assuming that the mining computing power is 100 mhash / s and the total computing power is 4000 ghash / s per day, 3600 bitcoins can be g out every 24 hours
China's computing power has accounted for more than 75% of the world, that is to say, 75% of bitcoin in the world is made in China. How long does it take to dig a bitcoin
bitcoin used to be very good at "digging", which can be done by ordinary computer CPU, and it can automatically "solve problems" by downloading software. But with the rise of currency price, more and more people want to "solve the problem", and the difficulty of mining is also increasing. Now, the amount of computation needed to dig a bitcoin is beyond the reach of ordinary people. Ordinary computers can't afford it
instry insiders said that in 2014, 100 bitcoins were generated from 500000 yuan of electricity charge per day, and the cost of electricity charge alone was 5000 yuan per coin. But now, the same cost has more than doubled, and the electricity cost of each bitcoin is as high as 10000 yuan
in the generation mechanism of bitcoin, mining reward is decreasing. At the beginning of the birth of bitcoin, the miners could get 50 bitcoins for each page of the ledger, and then 25 bitcoins for each page of the ledger, decreasing in turn. It's like digging gold. At first, it's more and less. The time point at which each new reward is reced by half is called half bitcoin proction
assuming that the mining computing power is 100 mhash / s, the total computing power is 4000 ghash / s per day in 2014, and 3600 bitcoins are g out every 24 hours
now, we can understand the difficulty of bitcoin digging in this way, which is equivalent to 100 million dice throwing numbers less than 100 million and 50 million. Whoever throws them first will get the bookkeeping right. At this point, 1050 million is a hash value. The process of throwing dice is called hash collision. The unit of mining power is the number of hash collisions per second
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
Related videos: how long does it take to dig a bitcoin
Recently, bitcoin has been swiping the screen frequently. One reason is that the story of "making rich" of bitcoin is surprising. The other reason is that the rise and fall of bitcoin is too crazy. After entering 2021, bitcoin is in a rising trend. Although it has declined ring this period, it has always remained at a high level
12 years ago, Nakamoto, a Japanese American, created bitcoin. It is said that Nakamoto himself has never appeared, but the bitcoin he created is crazy. This year, the value of bitcoin hit new highs, first US $30000, then US $40000. On February 22, 2021, the value of a single bitcoin hit a record high, reaching US $58000 each
is it sure to make money by investing so much money in "mining"? The answer may disappoint you again. Bitcoin's "wealth making" is based on the price rise. Once bitcoin's price falls and it is no longer so valuable, investors may lose all of it
some experts have warned that the bitcoin market is the easiest to be manipulated, because bitcoin is mainly concentrated in the hands of some people, and a virtual currency is so expensive that it can not be separated from the hype of these few people. At the same time, there is no sound and mature regulatory mechanism for the bitcoin market in the world, so the risk of investing in bitcoin is great
therefore, for ordinary people, it is better to stay away from bitcoin and "mining", don't you think
this depends on the CPU computing time of your computer, and on your network speed. If you use an ordinary home computer or a personal mobile phone. You don't have to get a bitcoin a year
unless there are more powerful mining machines. Of course, it will cost more. Unless you don't invest in mining machines, you invest in illegal software. Let these illegal software invade other people's computers and mobile phones. Other people's computers and mobile phones do a lot of bitcoin computing and mining. In this way, the cost of mining machine, electricity, flow, heat dissipation and so on are saved. But we need to know that this is a violation of national laws. This will also allow other people's mobile phones to carry out a lot of calculations after power on, encroach on other people's memory, and make other people's mobile phones scrapped earlier< br />
It has been ten years since the birth of bitcoin, and the price of a single bitcoin has broken through the $40000 mark, which has attracted more and more people's attention. And the trend of bitcoin is more and more like a bubble. Strong>, however, in the short term, the bubble will not burst in the short term, and it will probably be cracked until the bitcoin is close to digging. Of course, the bubble will break up mainly depends on the capital of the speculation when what time to leave, if the capital does not leave the field, the bubble will continue to . p> According to the above two points, the rising price of bitcoin is more like the last craziness of bitcoin and the last means for capital to make money. Although it is not known how long this method will last, but because of the characteristics of bitcoin itself, it can not replace traditional currency as a means of daily life. , when people no longer recognize their value or do not need it, then the bubble of bitcoin will burst instantly. P>
generally, no one can accurately determine the time of bursting of bitcoin bubbles, because it is related to what time the bitcoin will be g and what time the capital will leave. p>
At present, bitcoin needs to be g by professional mining machines. The global unified computing difficulty of bitcoin is 2621404453 (expected to change in two days). It takes more than 2000 years for a 2.5GHz CPU to work out a bitcoin
according to the current speed and the number of bitcoins, it will take three months to get a bitcoin if a computer is kept in a 24-hour state of operation
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because the current bitcoin mines use special bitcoin mining machines to mine. The computing power of an ant S9 miner is 13.5th/s, which is equivalent to the sum of the computing power of 7500 1080ti graphics cards. A medium-sized mine has hundreds of such miners
the instry of bitcoin is not very good either, so you'd better not dream of becoming rich overnight with bitcoin. Now many countries have issued policies to suppress the rise of bitcoin prices. Some countries even refuse to dig bitcoin. Many bankers and economists are disgusted with the emergence of bitcoin
Recently, the price of bitcoin continued to rise, reaching a maximum of US $41000. According to Mr. Liu, the manager of the mine, recently some customers have asked for additional orders, but the output of the mining machinery manufacturers is insufficient and they can't get a large number of mining machinery. Now they have to wait five months or more. Most of his customers have increased their positions in the middle of this year. At present, the prices of mainstream mining machines vary from 30000 to 60000, Mining takes about 12 months to recover the cost
therefore, if people really have mining ideas, they should not be dazzled by the impulse of the moment, and they should try to do it slowly. Today, the price of bitcoin continues to rise, largely because many mainstream investment institutions or investors begin to be interested in digital assets and begin to hoard bitcoin
bitcoin investment has great risks, the phenomenon of sharp rise and fall is not uncommon, and there are not a few people who have lost all their money. Therefore, it is not advisable to follow blindly and keep calm in investment
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bitcoin plummeted by more than 10%:
earlier on January 11, bitcoin once fell to $37000 / piece, the lowest to $35141, and the biggest drop in the day was more than 10%. According to the data of bitcoin home.com, the amount of burst positions in the past 24 hours reached US $1.165 billion (about RMB 7.530 billion), and a total of 115138 people burst positions within 24 hours
for the sudden drop, some netizens said: "what should come will come.". Cautious investors said that such a high position, I first clearance, short about