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Make money from bitcoin

Publish: 2021-03-27 06:16:02
1. Let's put it this way. If you bought it in 2009 and still hold it now, you'll make a lot of money. At the beginning, you can buy 1300 bitcoins for one dollar, but now it costs more than 60000 yuan at the lowest price. By the end of 2017, it's up to 130000 bitcoins. If you don't cut the meat later, you can earn almost half of what you buy in the last three months
2. It's the same as asking whether you can make money by speculating in stocks. Speculating in stocks may lose money or make money, bitcoin may lose money or make money, it may ruin your property, it may also free your wealth. At present, it is forbidden in this country. It is not recommended to start.
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4. Last year, I copied bitcoin for more than a month and lost tens of thousands of yuan. Now the trend has passed. If I copied bitcoin a few years ago, I would have made 100%
5. Basically, they are all fake. Only a few people make money with virtual currency.
6.

the main reason is that the value of bitcoin is artificially manipulated, so it has high risk and high profit, and it is easy to rise and fall sharply. That's why men's income changes so much of course, ordinary people certainly don't dare to speculate in bitcoin at will. After all, it needs a lot of money to support, which can make you rich overnight and ruin your fortune. Therefore, speculators need to have good psychological quality

in addition, the value of bitcoin often changes, and there is no law to speak of. It is mainly controlled by professionals with rich capital therefore, for ordinary investors, it's better not to put all their wealth into bitcoin. After all, the water in this instry is too deep, and you will lose all if you are not careful. Therefore, those opportunistic things or less to do, down-to-earth work to make money is the most important, after all, not everyone can become Buffett< br />

7. Bitcoin is a peer-to-peer network-based anonymous digital currency. Peer to peer (peer-to-peer) has become a rare resource mining, it is the recent rise of a virtual currency on the network, Chinese Name: bitcoin
8. The price of bitcoin has gone up abruptly, and the old miners who left the mine have begun to return. Many new people have also poured into the mining instry. However, the price has gone up, and the difficulty of mining bitcoin is also rising. How can we make money from mining now
- - talking about the mining cost of bitcoin -
the first thing to consider is the cost if you want to make money. If the profit is greater than the cost, it is worth doing. We all know how much bitcoin costs, so let's calculate the cost
1. Mining machine cost: the "number" of bitcoin is a problem-solving process, which can't be calculated by human brain alone. Therefore, mining people need to buy mining machines and keep calculating. The more mining machines, the stronger the computing power
2. Electricity charges: mining machines are big consumers of high power. How much electricity does it consume? Let's put it this way. At present, the electricity consumption of bitcoin and Ethereum mining has surpassed Jordan, Iceland, Libya and other small countries, ranking 71st among all countries and regions in the world. You want to cry when electricity is expensive
3. The rent of the place where the mining machine is placed: because the mining machine consumes a lot of electricity, the power supply load of ordinary residential buildings can not be guaranteed at all, so the mining must rent a commercial site separately, and the rent is much more expensive than that of ordinary residential buildings
4. Operation cost: in order to ensure the computing power, the high-power mining machine needs to work 24 hours, which requires someone to maintain it at any time. When the mining machine is in trouble, the cost of hiring someone is required; At the same time, the mining machine is very delicate. If it is too hot or too cold, the vegetables will be stopped. Therefore, the measures of cold air and cold water insulation are needed to help the mining machine run. This is another expense
5. Mining machine update cost: because bitcoin is becoming more and more difficult to dig, the machine that was able to dig a month ago may not be able to dig anything today, and the market will also launch mining machines with greater computing power. The original mining machine is not worth money immediately. If you want to maintain computing power, you need to buy mining machines again
the above bitcoin mining costs all have a marginal effect, that is, the larger the volume is, the lower the corresponding cost will be. Therefore, some super large mines have been built
bitcoin g in the mine will enter the mine pool and be distributed by all participants. Large mines will be built in places where labor and electricity are cheap, such as Venezuela, the legendary miner's paradise, or Iceland, where the climate is favorable and electricity is cheap
as for the cost, everyone will be different. Let's take a look at an average: in 2017, according to the data of elite fixtures, a research institution, Venezuela is the cheapest of 115 mining countries, which is 513 US dollars, while South Korea is the most expensive, which is 26170 us dollars
China's mining cost is US $3172, which is relatively low among 115 countries. However, the cost is an average value. Large mines with low electricity prices must be much lower. If you are a lone ranger, the cost will rise sharply
in a word, if you really want to make money by mining, first of all, unless you are rich enough to build a mine with thousands of machines, you'd better join a mine to dig together. Although you have to share the money, it's still appropriate in the long run because it can greatly rece costs and improve computing power
secondly, whether you dig by yourself or join the mine, you must choose the place with low electricity cost, and the city with abundant hydropower resources is preferred, because hydropower is the cheapest source of power generation in China at present.
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