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Did you dig for bit's pizza

Publish: 2021-05-23 09:27:07
1.

Bitmine is real

bitcoin is proced by mining. Every 10 minutes, the miners of the whole network work out an arithmetic problem together. Whoever works out the answer first is equivalent to digging into this block, and the miner can get the bitcoin reward of system rebirth


after bitcoin is g in the mine, the income is distributed according to the proportion of the mine's computing power, so as to ensure a more stable input-output

every other time point, bitcoin system will generate a random code on the system node. All computers in the Internet can search for this code. Whoever finds this code will generate a block and then get a bitcoin. This process is often called mining. Computing this random code requires a lot of GPU operations, so the miners purchase a large number of graphics cards to get bitcoin profits more quickly, which is also an important reason for the recent shortage of graphics cards

2. 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
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3.

regret is sure to regret. This brother will regret that he wants to jump from a building. because 10000 bitcoins are worth about 300 million yuan now, eating pizza with more than 300 million yuan is believed to be the most expensive pizza in the world. This brother will regret that he forgot to take it when he won the lottery. If there is no accident, This will be the most regretful thing in his life. However, since he would have bought bitcoin at the beginning, it shows that he has investment consciousness. Besides bitcoin, he should have bought some other things, but these things may not make money without bitcoin, but this kind of investment consciousness is very good

as long as we carefully observe the growth process of bitcoin, we can see the clue. When it first appeared, people who knew it would be very interested in its growth, and would often pay attention to the growth environment around it, such as the financial environment, circulation channels and so on. These environments can be said to be a very important factor in the growth of bitcoin, if you can observe this kind of growth environment in detail, you will be closer to success

4. The first bitcoin physical trader used more than 10000 bitcoins to buy a pizza in 2010. At that time, it was mainly fun and nothing else

as for why bitcoin is valuable, let me briefly analyze and explain it for reference only:

bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source

for more information, please refer to the mainstream media bitcoin home.
5. On May 18, 2010, a programmer named Laszlo hanyecz posted in bitcoin forum that he hoped to exchange 10000 bitcoins (then worth $40) for two copies of Papa John's pizza. Then on the 22nd, the cryptography enthusiast "jercos" bought two pizzas for us $25, sent them to Laszlo, and won 10000 bitcoins as promised

since then, the bitcoin community has celebrated May 22 as "bitcoin pizza Festival.". There's even a twitter account that updates the bitcoin value of the two pizzas every day. In addition, every time the price of bitcoin reaches a new high, the deal and Laszlo will be "teased"

based on the current bitcoin price, the two pizzas are worth $76.3 million
kucoin futures is kucoin's digital currency derivatives platform. It is the most open, transparent and trusted contract trading platform in the world, with the largest number of global users and the highest coverage of global contract market. At present, it supports bitcoin perpetual and delivery contracts.
6. On May 21, 2010, a programmer bought a pizza with 10000 bitcoins. At that time, the price of bitcoin was very low and there were few players. Basically, some gamers, programmers and geeks were playing. At that time, people didn't realize the huge potential of bitcoin. Just like Picasso's painting did not get attention in his life, but became the representative of hazy painting school after his death, which sounds very funny

this paper briefly introces bitcoin and its value source for reference only:

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source.
7. In the field of government services, the process optimization and cost saving are preferred. The launch of the blockchain government platform can promote the disclosure of government information, effectively connect the enterprise and the government, improve the efficiency of the government, and rece the business process; It is suggested to pay attention to the official number "SMIC blockchain service platform"
8. It's not sure about this. It's the future. Just like bitcoin was not valuable at first, who would have thought it would be as hot as that in a few years.
9. Now it's no longer profitable to dig bitcoin, buy mining machines and consume a lot of electricity
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