Is grapefruit coin also mined by physical mining machine

Grapefruit (EOS) is an operating system like blockchain architecture platform developed by blockchain wizard BM (Daniel Larimer), which aims to realize the performance expansion of distributed applications. EOS provides accounts, authentication, databases, asynchronous communication, and program scheling on hundreds of CPUs or clusters. The final form of the technology is a blockchain architecture, which can support millions of transactions per second, and ordinary users do not need to pay for the use of the technology. The issue date is July 2, 2017, and the issue price is ￥ 7 RMB

Grapefruit currency is illegal in China, any virtual currency trading in China is illegal. Token issuance financing refers to the so-called "virtual currency" raised from investors by the financing subject through the illegal sale and circulation of token. In essence, it is an unauthorized illegal public financing behavior, suspected of illegal sale of token bills, illegal issuance of securities, illegal fund-raising, financial fraud, pyramid schemes and other illegal criminal activities

according to Article 2 of the notice on preventing the financing risks of token issuance, no organization or indivial is allowed to engage in the financing activities of token issuance illegally. From the date of this notice, all kinds of financing activities of token issuance shall be stopped immediately. Organizations and indivials that have completed the token issuance and financing should make arrangements such as refund, reasonably protect the rights and interests of investors, and properly handle risks. Relevant departments will seriously investigate and deal with the activities of token issuance and financing that refuse to stop and the illegal behaviors in completed token issuance and financing projects

extended information:

Article 4 of the notice on preventing the financing risks of token issuance, all financial institutions and non bank payment institutions shall not carry out the business related to token issuance financing transactions, and all financial institutions and non bank payment institutions shall not directly or indirectly provide account opening and payment services for token issuance financing and "virtual currency" Registration, trading, clearing, settlement and other procts or services shall not underwrite insurance business related to token and "virtual currency" or include token and "virtual currency" into the scope of insurance liability. Financial institutions and non bank payment institutions shall report to the relevant departments in a timely manner if they find clues of violation of laws and regulations in token issuance financing transactions

Article 5 the public should be highly alert to the potential risks in the financing and trading of token issuance. There are multiple risks in the financing and trading of token issuance, including the risk of false assets, the risk of business failure, the risk of investment speculation and so on. Investors should bear the investment risk on their own, hoping that investors will be careful not to be deceived

for all kinds of illegal financial activities carried out by using the name of "currency", the public should strengthen the awareness of risk prevention and identification ability, and timely report relevant illegal clues

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according to Nakamoto's setting, bitcoin will be halved for the third time around May next year

before and after the previous halving, the price has changed significantly

will bitcoin really have a bull market in 2020

as can be seen from the above figure, the price trend of bitcoin follows a certain rhythm, which is completely market-oriented. The next bull market is likely to follow the same rhythm

but do you believe the law of history? It's not controlled by your subjective will. It's like tossing a coin. If the nine tosses are positive, we all think that the tenth toss will be positive. The fact is, the probability of positive and negative is always 50%. The probability will never change. It's just your expectation

opportunities are reserved for those who are prepared. Don't sigh in the future bull market. As for which trading platform is more reliable, it is recommended to prefer the head exchange. The old exchanges, such as fire coin, man coin, okex, etc.

now cloud mining is very popular, try it. If you try new things, you can know that Renren mine and bitxiaolu can

the next round of bull market should start in the second half of 2021

according to the history of bitcoin, someone has made a correlation model between halving and price. According to this model, the price of bitcoin will be more than $10000 or even more than $100000 in the next halving

block reward is a reward for miners to solve relevant mathematical problems and create new blocks through calculation. Take bitcoin as an example. Bitcoin is g out at a certain but declining rate, and a new block is generated every ten minutes. Each new block is accompanied by a certain number of new bitcoin from scratch

for every 210000 blocks mined, the reward will be halved and the cycle will be four years. From the initial 50 bitcoin / blocks of bitcoin invention to 12.5 bitcoin / blocks after 2016, the total number of bitcoin / blocks will reach nearly 21 million in 2040. After that, the new block will no longer contain bitcoin rewards, and the miners' income will all come from transaction fees

some analysts have said in the past that halving the price trend of the bitcoin has no significant impact because investors have high expectations of the bitcoin. To some extent, however, the long-term trend of the asset must be factored into the halved price. Some analysts believe that based on the historical performance of bitcoin, bitcoin may start to show the effect of halving in the second quarter of 2019

bitcoin mining machine scam is to make money by leasing or selling mining machines

the so-called "mining machine" refers to the computer that installs and runs specific software and algorithms. As we all know, bitcoin can only be obtained through long-term running algorithm of computer, and the total amount is limited. Therefore, some manufacturers have launched specially designed and optimized computer procts, known as "mining machine"