How many ethereums can computers dig
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
extended data:
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
virtual currency is defined as a special virtual commodity in China, which is not money and cannot be used for payment. Well known are bitcoin, Fuyuan coin, Laite coin, doggy coin and so on. These virtual currencies are not registered in the State Administration for Instry and commerce, and it is difficult to register at this stage.
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Wu glaze / Legend
BVI company cooperates with Singapore foundation for al structure information confidentiality
how to legally operate the ICO issue has always been the focus of attention of people in the instry
today we will talk about the concept of al structure of BVI company and Singapore foundation. In fact, the al structure is not new to many people, But in fact, many people may not be familiar with the project development applied to the ICO field.
first of all, let me talk about BVI company in the al structure
Introction to BVI company
as we all know, BVI is one of the overseas offshore investment centers with the fastest development of 9370 and 6165 in the world, and the company registered here is called BVI company, It is commonly used in the vie trading framework for listing overseas or in Hong Kong. According to the law of the island, all companies incorporated in the island are exempt from tax except for the statutory annual registration fee (very small). Many well-known international companies set up tax avoidance companies in the island for their tax avoidance operations, and carry out complex international tax avoidance business activities. The information is confidential. It is one of the preferred architectures for the majority of investors.
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the basic way to build the compliance architecture is as follows:
1. Register BVI, as the issuing entity, keep personal identity information confidential, and completely avoid taxes.
2. Set up the Singapore Foundation (CLG), as the project operator, to legally operate blockchain projects and digital currency operations
3. Only the promotion and technical teams are reserved in China, which are clean and compliant with the operation and distribution
legal compliance of compliance framework:
1 legal opinion: (white paper compliance + token uncertified certificate)
legal opinion issued by lawyers to determine whether the tokens issued by the project comply with the relevant laws and regulations of the monetary authority of Singapore (MAS), especially the white paper project with al currency, needs to be strictly reviewed by lawyers
2 government compliance endorsement: issue official endorsement to further enhance project compliance (provided that a legal opinion has been issued)
3 Singapore sto compliance: assets with certificate attributes To facilitate compliance and issuance under the current sto management guidelines in Singapore, the following proceres are needed:
1 to register BVI company
2 to register Singapore foundation
3 to issue Singapore legal opinion
4 to issue ICO
the project party registers a limited liability company in BVI and claims that the main body of the foundation is BVI company. Then we set up a public welfare foundation (CLG) in Singapore. BVI company cooperates, authorizes and operates ICO related projects. Of course, each currency needs an independent foundation to operate, so as to avoid the risk of currency trading on the foundation body. Finally, Singapore commonweal foundation authorized domestic marketing team and technology R & D team to carry out project promotion and technology R & D
how many years can the ether coin be g
how many Ethernet coins can be proced each year? At present, five new ether coins are generated for each new block. If you dig out a block every 14 seconds, it will take 31.5 million seconds (365 x 24 x 60 x 60) a year, which means that 2.25 million blocks are g out every year
every miner has considered how long the ether coin can be g, whether I can't dig the ether coin after I buy the miner, or I can't dig the ether coin after I invest in the miner. I can tell you clearly that the ether coin can't be g up, and the official shows the quantity when it comes to the ether coin, but don't go, Ethernet currency is constantly bifurcating. Once the quantity is threatened, it will continue to bifurcate. The miners can continue to dig for new currencies from the bifurcations. For example, etc and ETF are examples. After the bifurcations, the ETH price will go up crazily. Therefore, miners need not worry about the quantity of Ethernet currency.