China's largest virtual currency mine
bitcoin was invented by "Zhongben cong" in 2009, Using the computing power of the chip, the boring and repetitive process of constantly "hash collision" in the blocks generated by the bitcoin system to win the bookkeeping right and thus obtain the system reward of bitcoin is vividly called "mining" in the bitcoin instry, and the professional staff engaged in this work are called "in the first few years of bitcoin operation, An ordinary laptop can play the role of "mining". However, the entry of Chinese miners has completely broken the balance of this situation. Relying on professional mining machines designed and made in China, they staged one after another bitcoin world computing power arms race, raising the threshold of "mining" tens of thousands of times
if you want to talk about what is the investment proct with the highest return on investment, it must be bitcoin in recent years. The price of bitcoin has doubled dozens of times, which makes many people excited and devote themselves to mining. But as we all know, bitcoin mining is not simple. It requires a large number of computers with high configuration to work continuously, and the electricity consumption can also be imagined. Recently, Inner Mongolia asked to close all virtual currency mining projects before the end of April, and prohibited new virtual currency mining projects. Recently, the Inner Mongolia development and Reform Commission issued "several safeguard measures to ensure the completion of the" fourteenth five year plan "energy consumption double control target tasks (Draft)", which clearly proposed to comprehensively clean up and shut down the virtual currency mining projects, and withdraw them by the end of April 2021
On January 16, it was reported that pan Gongsheng, vice governor of the people's Bank of China, believed that centralized trading of virtual currency should be prohibited, and that indivials and enterprises should be prohibited from providing related services, according to an internal meeting minutes
Pan Gongsheng said that the state and local governments should seize the places that provide centralized transactions for virtual currency, and bitcoin is the largest virtual currency. They should also ban indivials and institutions, such as online "wallet" service providers, that provide market making, guarantee and clearing services for centralized transactions in such currencies
China has become the world's largest source of cryptocurrency mining , but pan Gongsheng said that the government should take measures to prohibit such behavior. He suggested that local governments use electricity price adjustment, land use, taxation and environmental protection measures to guide enterprises engaged in such activities to "exit orderly"
Recently, the news about "China quietly ordered the closure of bitcoin mines" spread like wildfire. Some media learned through insiders that the central bank held a closed door meeting to rectify some mines with non-standard electricity consumption
in fact, the rectification and treatment of Mines started last year, especially after the closing of domestic exchanges last year, the relevant regulatory authorities also discussed the issue of mine retention, but the conclusion is that the reasons for closing mines are not sufficient, and the mines have not caused more social problems, and the risk points are not clear, so no specific arrangements have been made. However, all localities have received "window guidance", that is, local enterprises can not participate in digital currency mining
in 2016, China's power generation ranked first in the world, and the total power generation accounted for 25% of the world. In this case, according to common sense, mining power in China is indeed the most abundant, especially with the decline of China's economic growth, the wasted power resources are increasing
the electricity of power stations can not be stored, but if the electricity is converted into digital currency, it can be stored. In fact, if China's surplus power generation can be converted into bitcoin for storage, it should be the most efficient mode of proction and operation. It is equivalent to procing US dollars with electricity. It is a processing export mode with the highest added value
in addition, according to the historical development, most of the power in the future may be consumed by computers. This is a judgment I made, which can be witnessed by our generation. In our daily life, the proportion of electricity consumption will be lower and lower. In the future, mankind will solve all kinds of problems by means of digitization and blockchain, and "mines" will only increase, not decrease. Especially with the development of artificial intelligence, space exploration and other fields, the demand for computing power will increase exponentially
electricity is just a kind of energy, just like a person, the biggest energy consumption is not the limbs, but the brain. The human brain is a 24-hour machine. A thinking person's brain consumes 75% of the liver's stored blood sugar every day, and the oxygen consumption accounts for 20% of the whole body's oxygen consumption. The more the brain thinks, the more glucose the neurons need
When the electric lamp was invented 200 years ago, people thought that the best use of electricity was to light the bulb. Has the final say that what electricity market will be most effective in future? p> No one can see electricity. Up to now, it is difficult for many people to understand the mystery of its existence, but electricity has changed the world. The influence of many virtual things is often greater than that of physical things. What does "digital assets" mean to China and the world? I think it is difficult for many people, including the government, to make clear at this time. What we need to reflect on is that apart from the four great inventions, such as electricity, light, telephone, computer, digital currency and so on, how many of the things that are pushing mankind forward are invented by Chinawhen a phenomenon appears, we must study the background and logic behind it. The future competition can be said to be military competition, economic development competition and financial competition, but it can also be said to be ideological and computational competition. It's easier to close mines than to stop trends
As the global central bank "releases a lot of water" e to the epidemic situation, virtual coin has entered the carnival of "mob dance" style. As the world's first cryptocurrency, the price of bitcoin has soared from the lowest level of more than $3000 in 2020 to the highest level of more than $64000, and is still hovering around $58000. There are also many small money gains that are more difficult to understand. As the "procer" of virtual coins, the income of mining circle has also increased. The price of bitcoin's mining facility, the mining machine, has doubled, and "it's still hard to find a machine.". Driven by interests, institutional and retail investors continue to "follow the trend" and rush into the virtual coin mining instry
Generally speaking, there are thousands of mining machines in small mines, tens of thousands in large mines and hundreds of thousands in super large mines. "Because thermal power can control the load, there is no consumption and waste, and it is impossible to store hydropower. If hydropower is not sold, it will be wasted," a miner told newspaper news. Li Lianxuan, chief researcher of oke cloud Chain Research Institute, believes that southwest China is rich in water resources, especially in the period of high water, and hydropower generation has not been fully utilized. Bitcoin mining can solve this problem. In fact, some virtual coin mining companies are also listed as local water consumption companies to help the local power sector solve the problem of water waste. A miner told the paper that this year, Sichuan Province has approved five consumer companies to mine virtual coins