Is bitcoin mining OK now
Publish: 2021-05-20 18:30:59
1. bitcoin is a kind of cryptocurrency based on decentralization, using peer-to-peer network and consensus initiative, open source, and blockchain as the underlying technology. The concept of bitcoin was first proposed by Nakamoto on November 1, 2008, and was officially born on January 3, 2009. Unlike all currencies, bitcoin does not rely on a specific currency institution to issue. It is generated by a large number of calculations based on a specific algorithm. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transactions, and uses cryptography design to ensure the security of all aspects of money circulation. The decentralized nature and algorithm of P2P can ensure that it is impossible to artificially manipulate the value of bitcoin through mass proction. The design based on cryptography can make bitcoin only be transferred or paid by the real owner. This also ensures the anonymity of money ownership and circulation transactions. The biggest difference between bitcoin and other virtual currencies is that the total amount of bitcoin is very limited and it has a strong scarcity
warm tips:
1. The above contents are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 9, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
warm tips:
1. The above contents are for reference only, without any suggestions
2. Before investing, it is recommended that you first understand the risks existing in the project, and clearly understand the investors, investment institutions, chain activity and other information of the project, rather than blindly investing or mistakenly entering the capital market. Investment is risky, so we should be cautious when entering the market
response time: February 9, 2021. Please refer to the official website of Ping An Bank for the latest business changes
[Ping An Bank I know] want to know more? Come and see "Ping An Bank I know" ~
https://b.pingan.com.cn/paim/iknow/index.html
2. Can bitcoin still mine now? How long will it take to dig? I think bitcoin mining is OK, but the success rate of mining is very low. It is not recommended that you mine. Mining consumes a lot of electricity.
3. Thank you
the answer is yes. Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone may participate in the proction of bitcoin. But bitcoin is not issued in unlimited quantity. According to calculation, by 2140, the total amount of bitcoin will reach the upper limit - 21 million. Recently, according to the data from blockchain.info, unless there is an accident, the 17 millionth bitcoin is likely to be g up in the future
it needs to be clear that each newly g out bitcoin block will generate 12.5 new bitcoins, and a new block will appear in the bitcoin blockchain every 10 minutes, so about 1800 new bitcoins will be generated every day. As the reward is reced by half for every 210000 blocks generated, mining becomes more and more difficult, but this does not mean that bitcoin mining machines can no longer dig bitcoin. In addition, it needs to be made clear that bitcoin will not stop running when it proces 21 million bitcoins, so even if the 1700th bitcoin will be g out, there are still 4 million bitcoins waiting to be g out. Even if it is more and more difficult to dig out bitcoin, it is not impossible. It is said that the new routing machine that originally g out digital gold will also launch the function of digging bitcoin in the near future. Compared with thousands of professional bitcoin mining machines, the new routing machine is more user-friendly in price and less difficult in mining
in the future, we believe that although bitcoin has gone a long way, bitcoin still has a long way to go.
the answer is yes. Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone may participate in the proction of bitcoin. But bitcoin is not issued in unlimited quantity. According to calculation, by 2140, the total amount of bitcoin will reach the upper limit - 21 million. Recently, according to the data from blockchain.info, unless there is an accident, the 17 millionth bitcoin is likely to be g up in the future
it needs to be clear that each newly g out bitcoin block will generate 12.5 new bitcoins, and a new block will appear in the bitcoin blockchain every 10 minutes, so about 1800 new bitcoins will be generated every day. As the reward is reced by half for every 210000 blocks generated, mining becomes more and more difficult, but this does not mean that bitcoin mining machines can no longer dig bitcoin. In addition, it needs to be made clear that bitcoin will not stop running when it proces 21 million bitcoins, so even if the 1700th bitcoin will be g out, there are still 4 million bitcoins waiting to be g out. Even if it is more and more difficult to dig out bitcoin, it is not impossible. It is said that the new routing machine that originally g out digital gold will also launch the function of digging bitcoin in the near future. Compared with thousands of professional bitcoin mining machines, the new routing machine is more user-friendly in price and less difficult in mining
in the future, we believe that although bitcoin has gone a long way, bitcoin still has a long way to go.
4.
At present, bitcoin needs to be g by professional mining machines. 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
according to the current speed and the number of bitcoins, it will take three months to get a bitcoin if a computer is kept in a 24-hour state of operation
extended data:
because the current bitcoin mines use special bitcoin mining machines to mine. The computing power of an ant S9 miner is 13.5th/s, which is equivalent to the sum of the computing power of 7500 1080ti graphics cards. A medium-sized mine has hundreds of such miners
the instry of bitcoin is not very good either, so you'd better not dream of becoming rich overnight with bitcoin. Now many countries have issued policies to suppress the rise of bitcoin prices. Some countries even refuse to dig bitcoin. Many bankers and economists are disgusted with the emergence of bitcoin
5. It's very difficult to mine this year, because the currency price has dropped a lot. A few days ago, many mines were shut down. In addition, now mining is an instrialized and standardized instry, and there is almost no such thing as personal workshop mining to make a fortune. I suggest you give up this idea and really want to buy bitcoin. You can go to an exchange like okex, which is safe and convenient. Are you satisfied with my answer?
6. As a blockchain researcher, many new people often ask this question. In fact, if you want to own a bitcoin, there are mainly two ways. The first is to buy it directly from the corresponding digital currency exchange; The second is to mine for bitcoin
first of all, mining is the main way to obtain bitcoin, but the current threshold of mining is relatively high. If you choose to mine by yourself, first you need to understand certain technology, then download the bitcoin client and mine by yourself according to the online bitcoin mining tutorial
however, in theory, bitcoin can still be mined with computers or graphics cards. However, e to the development of mining instry in recent years, the whole network computing power of bitcoin is extremely terrible (more than supercomputers), so if you want to mine with computers or graphics cards, you can't find bitcoin, If you want to dig bitcoin, you still need to buy mining machines. Now the better mainstream mining machines in the market have to be tens of thousands. Of course, there are cheap second-hand mining machines, but these second-hand mining machines are all obsolete ones, and the electricity cost of mining is relatively high
in addition to the second way of direct purchase, the digital currency exchange is a special place for bitcoin trading. If you want to own a bitcoin, you can buy it directly with money. However, it should be noted that there are many digital currency exchanges in the market at present. Many small exchanges are specialized in cutting users and eating customer losses for a living. Therefore, when choosing an exchange, it is better to focus on the head exchange. For example, Hufu, one of the head exchanges in China, I have been using it for nearly two years, and it is very stable and safe.
first of all, mining is the main way to obtain bitcoin, but the current threshold of mining is relatively high. If you choose to mine by yourself, first you need to understand certain technology, then download the bitcoin client and mine by yourself according to the online bitcoin mining tutorial
however, in theory, bitcoin can still be mined with computers or graphics cards. However, e to the development of mining instry in recent years, the whole network computing power of bitcoin is extremely terrible (more than supercomputers), so if you want to mine with computers or graphics cards, you can't find bitcoin, If you want to dig bitcoin, you still need to buy mining machines. Now the better mainstream mining machines in the market have to be tens of thousands. Of course, there are cheap second-hand mining machines, but these second-hand mining machines are all obsolete ones, and the electricity cost of mining is relatively high
in addition to the second way of direct purchase, the digital currency exchange is a special place for bitcoin trading. If you want to own a bitcoin, you can buy it directly with money. However, it should be noted that there are many digital currency exchanges in the market at present. Many small exchanges are specialized in cutting users and eating customer losses for a living. Therefore, when choosing an exchange, it is better to focus on the head exchange. For example, Hufu, one of the head exchanges in China, I have been using it for nearly two years, and it is very stable and safe.
7. In the bear market of 2018, bitcoin mining basically lost money. At present, with the arrival of bitcoin bull market in 2019, the price of mining machinery is cheaper, and bitcoin has doubled from a low point. Next year, the output of bitcoin will be halved, and the electricity price will be controlled within 30 cents. Mining can make money. I'm Xiaoju focusing on blockchain
8. As long as you want to dig, you can dig. As for how much you can dig a day, it depends on the model of mining machine and the computing power of the whole network.
9. You can dig.
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