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How does the increase of mining difficulty affect the currency p

Publish: 2021-05-17 14:37:43
1.

2020 is the first year of digital currency proction rection. Most currencies will achieve the first proction rection this year, while bitcoin will usher in the third proction rection cycle. And the market is generally high on the halving market, it is expected that this year will usher in a wave of bull market, and the logic behind it is very clear. From the perspective of historical experience, this has already formed a more extensive "consensus" in the circle of cryptocurrency

secondly, bitcoin, known as "digital gold", is recognized by more and more funds for its risk aversion, which indirectly pushes up its price. At present, in addition to bitcoin, which has the most influence, BCH, BSV, etc, dash and other currencies are the most concerned. Dozens of counterfeit currencies have chosen to be halved in 2020. Therefore, 2020 is also known as the first year of halving

what is half bitcoin

bitcoin halving means that the reward for procing new blocks is halved about every four years. This means that after halving, the corresponding bitcoin reward for each block proced is only half of the reward before halving. At present, bitcoin has been halved twice, respectively in November 2012 and July 2016. The third half of bitcoin is expected to take place on May 13, 2020. By that time, bitcoin will be halved from 12.5 blocks to 6.25 blocks

half block reward means that it will take longer for all bitcoins to enter circulation, but it also means that mining will proce fewer and fewer new bitcoins. Moreover, e to its limited supply and increased mining difficulty, its scarcity attribute becomes more and more obvious, and scarcity will directly enhance the value. As the saying goes, scarcity is more expensive! For bitcoin, there is no doubt that this is a very big advantage


buying bitcoin in 2020 is better than buying bitcoin ETF fund

In theory, X2

3, bitcoin current price 10000x4 = US $40000 (expected price after this year's proction rection)

in this period, the return comparison between holding spot and ETF fund is as follows:

1, buying spot holding, earning three times

2, buying ETF fund, Up to 15 times (intelligent position adjustment + fund compound interest calculation)


there is no doubt that bitcoin ETF launched by bitoffer is the best investment choice

2. There are many factors affecting the mining income. The first is the currency price. The higher the currency price is, the more profitable the mining will be. The second is the difficulty. The slower the difficulty rises, the more profitable the mining will be. The lower the cost, the more profitable the mining. Of course, the cost here refers to the purchasing cost and operating cost of computing power, including labor, network, construction, electricity and so on. The lower the cost, the better. Mining needs to deal with the risk of currency price plummeting, mining difficulty soaring, and mining costs rising. It's not recommended for indivials to mine. The cost is too high, and the cost of photoelectric charge is no advantage for indivials. However, the electricity charge of large-scale mines is generally 0.25 yuan, once or even lower. It is suggested that the owner rent the mining machine directly on the 58btc platform, which is more efficient and more professional than himself
3. Most businessmen and speculators are always interested in things that can be turned into money immediately. Bitcoin is one of them. The specialization of ASIC chips leads to the market separation between bitcoin mining and other Shanzhai coin mining
when the vast majority of video card mining machines and CPU mining machines are in a mine disaster, bitcoin mining with ASIC mining machines will not be affected. As the first big man in the virtual currency circle, bitcoin has become a deep-rooted belief in the coin circle. The total number of 21 million bitcoins also determines the transaction type and value-added of bitcoin
although bitcoin has begun to be recognized by most people, it has not really replaced the world's currency to fulfill its original intention, but it has become a collection beyond gold. The inflation of money, the rection of the total amount of mining and the increasing difficulty of mining all determine its future market prospects. The value-added has been firmly established, so people will rush to dig for mines, Because the bitcoin is actually worth more than gold
4. It is impossible to control the difficulty of mining, and the o 2O is generated automatically and cannot be changed
5. I saw it on a forum and said it was two hours, but the details are not clear
6. Since 2014, easy security has been committed to the research and development and application innovation of blockchain. It is a mature blockchain electronic data storage and preservation organization that uses blockchain technology to solidify electronic data and is recognized by the judicial authorities. By creating the mode of "blockchain + judicature + application" and based on electronic data preservation, we have launched the "blockchain + judicature + electronic contract signing" of gentleman signature, "blockchain + Internet arbitration" of arbitration treasure, "blockchain + judicature + intellectual property protection" of micro right

the "preservation chain" open platform is jointly launched by the joint Notary Office of easy preservation, the Arbitration Commission, the right protection center, the Judicial Expertise Center, and Ca institutions. At the same time, the preservation chain has been connected with the Guangzhou Internet court and the judicial chain led by the supreme law and participated by more than 30 courts. With the continuous improvement of the "blockchain + justice" ecosystem, easy preservation can provide different groups with one-stop blockchain preservation services such as evidence collection, certificate storage and certificate issuance

at present, it has obtained 15 independent invention patents, 27 rights, ISO27001 information security system certification, three-level certification of the Ministry of public security, three high-tech enterprises in Chongqing, National Double high-tech enterprises, instrial Internet pilot demonstration project of the Ministry of instry and information technology of the people's Republic of China in 2018 (the only block chain selected project), and national & #12153in 2019; Information Office; Batch of domestic blockchain information service record enterprises.
7. Jinmao Building
8. First of all, if you dig by yourself, if you have enough computer configuration, you can't get back the electricity money for a day and a night. If you dig by a miner, it's OK, but it will take about a year to get back the money for a miner. Without large capital investment, it is suggested that we should not consider mining. We lose money every day and night.
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