1. The revenue from the purchasing power contract varies from two to three years. You need to book and purchase the
mining machinery in advance, search for electricity or look for the mine trusteeship, which has a lot of deployment costs and electricity costs. It also needs manual maintenance. The mining machinery has a service life. In addition, the mining machinery market is updated rapidly, so the cost of such calculation is very high, and it is also very troublesome.
2. As of July 24, 2020, the state has not issued any laws to prove that bitcoin mining machine is illegal
bitcoin mining machine is one of the ways to obtain bitcoin. Bitcoin is a kind of network virtual currency proced by open source P2P software
it doesn't rely on the issuance of specific monetary institutions, and it is generated through a large number of calculations of specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction
extended data
the issue and transaction of bitcoin are realized by mining, and it is cast at a certain but slowing rate. Each new block is accompanied by a certain number of new bitcoin from scratch, which is used as a coinbase transaction to reward the miners who find the block
the reward for each block is not fixed. For every 210000 blocks mined, it takes about four years, and the currency issuance rate is reced by 50%. In the first four years of bitcoin's operation, each block created 50 new bitcoins. Each block creates 12.5 new bitcoins. In addition to the block award, the miner will receive a handling fee for all transactions within the block<
source: Internet - bitcoin mining machine
3. Yes, are you still looking for a miner?
4. A: first, block height does not refer to the capacity of the blockchain
Second, the connotation of block height
block height is the number of blocks linked to the main chain, that is, the number of blocks connected to the blockchain
Block height is the indicator of block
2. The block has two identifiers, one is the hash value of the block head, the other is the block height
3. The hash value of the block head is the number obtained by the second hash calculation of the block head by sha256 algorithm
The
block hash value can uniquely and explicitly identify a block, and any node can independently obtain the block hash value by simply hashing the block head
4. Block height refers to the position of the block in the blockchain
The
block height is not a unique identifier
5. Renren equity is the original equity issued by Hangzhou Zhongji Network Technology Co., Ltd., which was issued in the first half of 2016. The price of equity reflects the value of the company to a certain extent. In the middle of the year of 17, the development speed of Renren provident fund was fast, and
digital currency was in the limelight. Many people were optimistic about the company when they bought shares, and wanted to have future dividends. However, the company was in a non-profit state for a long time. In line with the attitude of being responsible to users, they made the decision of Renren equity to Renren currency. The application of digital currency is in line with the current situation and has a better prospect. It took several months for Renren equity to be transferred to Renren currency, and the company bought back part of the equity and cancelled its circulation property. Recently, Renren Coin Wallet and white paper will be launched soon, and a complete Renren coin will be born.
6. Really, at present, there are 15 mines with more than 140000 mining machines distributed in Xinjiang, Sichuan, Inner Mongolia and other places, and the mining machinery and equipment of the mining and gold Institute are successfully listed as the underlying assets of financial creditor's rights. Users can obtain the creditor's rights of mining machinery and equipment through the pledge of mining machinery and equipment, which is the guarantee for your legal level.
7. If you don't want to continue digging, you can resell your
computing power contract in Renren mine, collect the contract fee, and make money if you increase the price
8. This shouldn't be. The money g out should be in your own account. How can there be a transfer
