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Bitcoin consumes more power than Swiss video in one year

Publish: 2021-05-24 13:48:09
1.

Every 100 S4 bitcoin mining machines consume 900W of electricity per hour

2.

1. Bitcoin mining is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card

, which consumes a lot of power

one of the ways to get bitcoin is that users download software from personal computers and then run specific algorithms to communicate with remote servers

simply put, it is a box like a computer host. Plug in the Internet cable and power supply, and configure the account information

to automatically "mine" - generate bitcoin

2. The popular digital currencies in 2013 are bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole

point coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world

the price of bitcoin mining machine ranges from two or three hundred yuan to 200000 yuan

3. From 2011 to 2013, high configuration bitcoin & quot; Mining machine & quot; From 10000 yuan to 300000 yuan, but the performance is better than before

a lot

4. According to instry insiders, the old machine can only dig 1 bitcoin in 100 days, but now (2013) machine can dig 3.5 bitcoins in 100 days

according to the miner information published by the domestic assembly team, a miner with the lowest configuration at the price of 3000 yuan can be returned in more than 30 days according to the bitcoin mining speed

degrees

The machine with mining speed of 10G / s can dig about 0.03 bitcoins 24 hours a day, while the machine with mining speed of 13g / s can dig about 0.035 bitcoins 24 hours a day according to the full network computing power and difficulty of 2013

power consumption of bitcoin mining machine:

according to digiconomist's bitcoin energy consumption index, as of Monday (November 20), the current global annual power consumption generated by "mining" for

bitcoin is expected to be 29.05twh. TWH is one kilowatt hour, equivalent to one billion

power consumption per 100 S4 bitcoin mining machines is 900W per hour, and power consumption per S4 bitcoin mining machine is 90W per hour

3. Bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money 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

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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4.

the power consumption of bitcoin mining machines is different according to different machines take Shenma 68T, the fastest mining machine in wet season, as an example. Suppose that the electricity charge is 0.22 per kilowatt hour in half a year in wet season and 0.34 per kilowatt hour in dry season, the wall power consumption of Shenma 68T's second-hand machine is 3264w, and the actual power consumption is 3500W, then the daily power consumption of a Shenma M20S 68T machine is 3.524 = 84 degrees, Annual power consumption 84 * 365 = 30660 degrees

according to the latest mining difficulty, a Shenma 68T machine can dig 0.00064836 BTC a day, and 10 machines can dig 2.366514 coins a year. The mining difficulty of the premise remains unchanged, but according to the current situation, it is assumed that the mining difficulty will increase by 30% from now to next June, and by 2.5% every month. It is estimated that 85% of the original coins should be g, that is, 2.012 coins. Ten machines of Shenma 68T can dig almost 2 coins a year

to sum up, the power consumption of ten Shenma 68T machines in a year is 306600 kwh, which can dig almost two coins

{rrrrrrr}

extended data

the risk of mining machine

1. Hardware expenditure

< P > mining is actually a competition of performance and equipment. Some mining machines are composed of more such graphics card arrays. With tens or even hundreds of graphics cards, the hardware price and other costs are very high, There is considerable expenditure in mining

in addition to the display card burning machines, some ASIC (application specific integrated circuit) professional mining machines are also put into the battlefield. ASIC is specially designed for hash operation, and the computing power is quite strong. Moreover, because their power consumption is far lower than that of the display card, they are easier to form scale, and the power cost is also lower. It is difficult for single chip display to compete with these mining machines, This kind of machine costs more

2. Currency security

the withdrawal of bitcoin requires hundreds of keys, and most people will record this long string of numbers on the computer, but the frequent problems such as hard disk damage will make the key permanently lost, which also leads to the loss of bitcoin

3. System risk

system risk is very common in bitcoin, and the most common one is bifurcation. Bifurcation will lead to a drop in currency price and a sharp drop in mining income. However, many cases show that the forking will benefit the miners, and the forked competitive currency also needs the miners' computing power to complete the minting and trading process. In order to win more miners, the competitive currency will provide more block rewards and handling charges to attract miners. Risk makes miners

5.

For example

a 4-sheet R9 280x graphics card miner. About 2.9m
power consumption:


the rated power of each graphics card is about 250W, and slightly overclocking is about 300W. Four graphics cards, 1200W
platform: motherboard, CPU, hard disk, etc., which add up to no more than 200W
display, mining machine is basically no display


the total power is about 1400W. 33.6 degrees a day
if the caption is only for ordinary household desktop computers, it is not easy to calculate, because the key is the power consumption of the graphics card. The power consumption of ordinary graphics card is about 150W. And then add the others according to 200W, a total of 350W. 4.2 degrees a day

6.

Bitcoin is one of the most popular virtual currencies, which is very popular on the Internet

recently, according to the bitcoin power consumption index released by Cambridge researchers, if bitcoin is regarded as a country, it will rank among the top 30 countries with the largest power consumption in the world. The annual power consumption of bitcoin mining is about 121.36 terawatt hours (TWH, 1 terawatt hour is 1 billion kwh){ RRRRR}

recently, Bill Gates made it clear that he is not a fan of bitcoin

Bill Gates said: & lt; Bitcoin consumes more power per transaction than any other way known to mankind, so it's definitely a very important climate issue. But if it uses green power, it may not be a problem in the end

I don't think these topics are deeply relevant, although you may label me as a bitcoin skeptic

in other words, instead of investing in bitcoin, I used the money to buy malaria vaccines. I invest in companies that make real procts. But if other people invest in bitcoin and make money, I'll congratulate them& rdquo;

7.

if bitcoin is not put into actual use, it may be a waste of resources according to media reports, a research institute report shows that bitcoin consumes a lot of power resources every year. If we consider the power consumption of bitcoin mining in the latest year as a country, the annual power consumption of bitcoin has exceeded that of the Netherlands and the United Arab Emirates. If all the British hot water pots are powered on, it can last 27 years. According to the introction of professionals, bitcoin needs continuous computer calculation to obtain new blocks, and because the total amount of bitcoin is fixed, it needs more power calculation in the future to win bitcoin, and this process is called mining

8. Memory. Graphics card and CPU transmission. The previous set is also integrated in the north bridge. But now the north bridge is no longer. All integrated in the CPU
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