How about bitcoin computing power in the future
bitcoin bulls often mention that the scarcity value of this cryptocurrency is the main reason for its continued rise. Bitcoin is similar to gold to some extent. The growth of its supply is extremely slow, and it is still slowing down. Its total supply will only reach 21 million
with the increasing interest of institutional investors and retail investors in bitcoin, global exchanges such as the Chicago Board of options (CBOE) have launched bitcoin futures contracts. This is likely to encourage more institutional investors to invest in bitcoin, while at the same time further curbing the price volatility of bitcoin
this much anticipated bitcoin futures trading has been launched on the Chicago Board of options exchange, which represents a significant step in the legalization of cryptocurrency. Futures is a derivative / financial instrument, which can force dealers to buy and sell an asset at a specific time and price
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
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 will 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
mining is the only way to obtain undeveloped bitcoin, which needs to purchase professional mining equipment for mining, which is called mining machine in the instry
bitcoin miner obtains bitcoin through a lot of calculation through hash algorithm. As we all know, the number of bitcoin is constant, 21 million. As time goes on, the number of miners increases and the number of miners decreases.
the difficulty of bitcoin system is dynamically adjusted. Every 2016 bitcoin is g, an adjustment will be made, The adjustment is based on the block time of the previous 2016 blocks. If the average block time of the previous cycle is less than 10 minutes, it will increase the difficulty. If it is more than 10 minutes, it will rece the difficulty. The purpose is to ensure that the system can output a block every 10 minutes, so the difficulty adjustment time is about 2 weeks (2016 * 10 minutes), that is to say, the output will be halved every four years, And the difficulty will be adjusted every 14 days, so the general trend seems that the output of mining will be less and less
2. Purchasing power for bitcoin
after the prevalence of mining, there are some bitcoin mines, that is, multiple mining machines are concentrated in one place for mining, unified maintenance and management, low electricity price, to rece the cost of mining
the most important parameter of bitcoin mining machine is computing power. The higher the computing power is, the higher the output will be. In the difficulty of bitcoin mining, how much bitcoin can be g with 1t computing power is also used to measure the current difficulty of mining. Therefore, some mines will directly sell computing power to users to dig coins. In this way, the mining risk is relatively lower, and there is no need to buy mining machines and equipment, and no need to maintain them, The maintenance and management of mining machine is relatively troublesome for Xiao
3. Reward for bitcoin
with the rising price of bitcoin, bitcoin has gained more popularity than before, and its position in virtual currency is also unmatched by other currencies. There are some real procts of reward bitcoin mechanism in the market, and cat disk is one of them< The simplest way to get bitcoin is to find the person who holds bitcoin to buy bitcoin, which is equivalent to buying goods. But bitcoin is not required by everyone. Therefore, it is necessary to find the person who holds bitcoin and carry out direct transfer transaction. At the same time, there are certain risks, The other side needs indivials to grasp whether they are cheaters or not, so I don't recommend such transactions on the basis of not being acquaintances or not having certain trust
2. Online trading
there are many trading platforms for bitcoin, large or small. At present, the relatively large and well-known trading platforms are Huo coin, coin security, okex, uto market,... And so on. These platforms are more convenient and safe as three-party guarantee transactions, and the only risk is platform running, But the possibility is relatively small, but some small platforms are not without security
Novice first of all to know how to calculate your cost, recharge, trading, cash, there are fees. At least you can understand the K-line. There are a lot of people on the K-line. You can look at it casually and understand it. You need to be risk aware. Bitcoin is a high-risk and high profit investment. It may double overnight, or BMW may become a bicycle overnight. At the beginning, we suggest a small amount of investment
but it's hard to get bitcoin for indivial mining, so it's basically large-scale mining, and you need to cooperate with the mine pool. So if you still want to make money by mining, at present, the most suitable mining method is cloud mining or mining machine hosting. After all, the era of single person mining is over
now there are more ways to get involved in bitcoin. You can mine, buy and sell bitcoin, provide goods or services in exchange for bitcoin, and of course, dig futures. Bitcoin home has more information.