Why mining is allowed
Publish: 2021-05-23 12:28:29
1. Reason: with the rapid development of information technology, real money is far from meeting people's demand for capital flow. If there are enough people to recognize the value of a virtual currency, it may become a substitute unit of material exchange, and the existence of virtual currency will inevitably cause another upsurge in the financial sector
in view of the possible risks of virtual currency, many international organizations and central banks have responded publicly to the supervision of virtual currency system. These responses can be roughly divided into four categories: warning and risk warning, supervision and registration permission, legislative norms, and explicit prohibition
(1) warning and risk warning
some central banks and regulators have issued risk warnings against the special currency and virtual currency system. The federal financial regulatory authority of Germany, the Bank of France, the central banks of the Netherlands and Belgium have issued public warnings against the possible money laundering and terrorist financing caused by the use of bitcoin. In the report released at the end of 2013, the European Banking authority (EBA) warned consumers of many risks of virtual currency, such as exchange loss, e-wallet theft, unprotected payment, price fluctuation and so on. Although Spain did not have a similar risk warning, it issued a timely information announcement related to virtual currency
(2) supervision and registration license
generally speaking, international organizations believe that the supervision of virtual currency should find a balance between risk prevention and innovation promotion. Since 2012, Sweden has required transactions related to virtual currency to be registered with financial regulators. Other countries pay attention to qualification supervision, so as to make it indirectly meet the requirements of prudential supervision. In other countries, the regulation mainly focuses on the business model of virtual currency transaction. The financial prudential regulatory authority of France regards the provision of bitcoin circulation and trading services and the act of earning funds in the process as a payment service and requires the authorization of the government. In addition, some countries focus on the intermediary institutions related to virtual currency. The German federal financial regulatory agency and Danish regulators believe that the provision of intermediary services for virtual currency needs to be authorized< (3) legislative norms
at present, some countries have proposed legislation to regulate virtual currency transactions. Canada plans to legislate to allow the government to supervise the transaction of bitcoin, and to include the transaction of more than US $10000 into the scope of suspicious supervision. The United States hopes to adjust the relevant legal structure should be compared with the development of the special currency. In order to make the Bank Secrecy Act (BSA) applicable in the context of network, the financial crime enforcement network (FinCEN) of the U.S. Department of the Treasury issued the explanatory guidance on the behavior and subject definition of private generation, holding, distribution, trading, acceptance and transmission of virtual currency in 2013. The European central bank stressed that it should strengthen international cooperation under the existing legal framework, and regulate virtual currency from the European and global level under the existing legal framework. More countries believe that bitcoin is not a currency in circulation, has no legal status, and does not meet the definition of financial instruments, such as Finland, Sweden, Malaysia and Indonesia
(4) it is forbidden
in some countries, bitcoin related transactions are prohibited. In December 2013, the people's Bank of China banned financial institutions from trading in bitcoin, which was subsequently extended to payment service providers. The central banks of Thailand and Indonesia share the same attitude. The circulation of anonymous internet currency (including bitcoin) is prohibited by the Russian judicial inspection department as a substitute for currency. The Central Bank of Russia has earlier included the provision of bitcoin services in the scope of suspicious transaction monitoring. The U.S. Securities and Exchange Commission (SEC) has banned the issue of unregistered shares in exchange for bitcoin, and unregistered online securities trading activities in virtual currency.
in view of the possible risks of virtual currency, many international organizations and central banks have responded publicly to the supervision of virtual currency system. These responses can be roughly divided into four categories: warning and risk warning, supervision and registration permission, legislative norms, and explicit prohibition
(1) warning and risk warning
some central banks and regulators have issued risk warnings against the special currency and virtual currency system. The federal financial regulatory authority of Germany, the Bank of France, the central banks of the Netherlands and Belgium have issued public warnings against the possible money laundering and terrorist financing caused by the use of bitcoin. In the report released at the end of 2013, the European Banking authority (EBA) warned consumers of many risks of virtual currency, such as exchange loss, e-wallet theft, unprotected payment, price fluctuation and so on. Although Spain did not have a similar risk warning, it issued a timely information announcement related to virtual currency
(2) supervision and registration license
generally speaking, international organizations believe that the supervision of virtual currency should find a balance between risk prevention and innovation promotion. Since 2012, Sweden has required transactions related to virtual currency to be registered with financial regulators. Other countries pay attention to qualification supervision, so as to make it indirectly meet the requirements of prudential supervision. In other countries, the regulation mainly focuses on the business model of virtual currency transaction. The financial prudential regulatory authority of France regards the provision of bitcoin circulation and trading services and the act of earning funds in the process as a payment service and requires the authorization of the government. In addition, some countries focus on the intermediary institutions related to virtual currency. The German federal financial regulatory agency and Danish regulators believe that the provision of intermediary services for virtual currency needs to be authorized< (3) legislative norms
at present, some countries have proposed legislation to regulate virtual currency transactions. Canada plans to legislate to allow the government to supervise the transaction of bitcoin, and to include the transaction of more than US $10000 into the scope of suspicious supervision. The United States hopes to adjust the relevant legal structure should be compared with the development of the special currency. In order to make the Bank Secrecy Act (BSA) applicable in the context of network, the financial crime enforcement network (FinCEN) of the U.S. Department of the Treasury issued the explanatory guidance on the behavior and subject definition of private generation, holding, distribution, trading, acceptance and transmission of virtual currency in 2013. The European central bank stressed that it should strengthen international cooperation under the existing legal framework, and regulate virtual currency from the European and global level under the existing legal framework. More countries believe that bitcoin is not a currency in circulation, has no legal status, and does not meet the definition of financial instruments, such as Finland, Sweden, Malaysia and Indonesia
(4) it is forbidden
in some countries, bitcoin related transactions are prohibited. In December 2013, the people's Bank of China banned financial institutions from trading in bitcoin, which was subsequently extended to payment service providers. The central banks of Thailand and Indonesia share the same attitude. The circulation of anonymous internet currency (including bitcoin) is prohibited by the Russian judicial inspection department as a substitute for currency. The Central Bank of Russia has earlier included the provision of bitcoin services in the scope of suspicious transaction monitoring. The U.S. Securities and Exchange Commission (SEC) has banned the issue of unregistered shares in exchange for bitcoin, and unregistered online securities trading activities in virtual currency.
2. Not only can a card mine, but a card mine the highest efficiency, n card and CPU can mine, but under the efficiency, you dig out the virtual currency is not enough to pay your electricity, a card's floating-point computing ability is its own strength
3. Card formation: the first two years of virtual bitcoin suck up very often, which will shorten the life of the graphics card. After a certain period of time, it is called "digging". N card's second-hand card is hardly mine card (N card mining is not enough).
the graphics card of mining is full load and continuously running 24 hours a day
so the mine card is a second-hand card, but the second-hand card is not necessarily a second-hand card, that is, "mine Nan". A large number of long-term mining a cards flow into the second-hand market, and the value of bitcoin plummets. It is generated through a large number of calculations according to a specific algorithm
AMD's consumer level graphics card is very good for procing bitcoin
the graphics card of mining is full load and continuously running 24 hours a day
so the mine card is a second-hand card, but the second-hand card is not necessarily a second-hand card, that is, "mine Nan". A large number of long-term mining a cards flow into the second-hand market, and the value of bitcoin plummets. It is generated through a large number of calculations according to a specific algorithm
AMD's consumer level graphics card is very good for procing bitcoin
4. This is decided by the design of BT coin software. Its design structure matches the architecture of the graphics card, and it runs more efficiently. Therefore, it runs with the graphics card. The CPU can't run, but it's not as efficient as the graphics card,
5. Private mining is not allowed, which is a huge project. It needs a formal procere, approval by relevant departments, mining license and many other certificates before it has mining qualification. At the same time, the construction of the mine needs a series of technical data such as design documents issued by qualified relevant design units before it can be mined
6. Mining is a process of consuming computing resources to process transactions, ensuring network security and keeping everyone's information synchronized in the network. It can be understood as the data center of bitcoin. The difference lies in its completely decentralized design. Miners operate all over the world, and no one can control the network. This process is called "mining" because it is similar to gold panning, because it is also a temporary mechanism for issuing new bitcoin. However, unlike gold panning, bitcoin mining provides rewards for services that ensure the safe operation of payment networks. After the last bitcoin, mining is still necessary
mining is a proof mechanism.
mining is a proof mechanism.
7. CPU can also mine, just because of the working mode of CPU, the execution efficiency of mining operation is very poor, and the execution efficiency of graphics card is relatively high, so few people use CPU to mine
8. The mining technology of small mines is backward, so the precious and limited mineral resources will be wasted; Environmental protection and safety measures are not perfect, waste pollution is serious, and accidents occur frequently; The advanced mining technology is generally a state secret and should not be widely used, otherwise it may be stolen by spies and endanger the national interests.
9. Maybe you don't know the specific regulations of the country
first of all, it's true that minerals are owned by the state, but it's not that the miners have not paid. They need to pay resource compensation tax. It means that you have mined all the mineral resources of the country, so you need to pay the price, make compensation, and pay compensation resource tax for consuming the necessary mineral procts of future generations in advance
secondly, those who have obtained the mining right need to pay a series of taxes, including the exploration fee in the previous exploration, the mining fee in the mining, and the income tax in the subsequent income
even if you don't invest in exploration, if you buy someone else's mining right or exploration right, it is equivalent to transferring benefits. Sooner or later, this tax country will charge, and it will enter your cost sooner or later
thirdly, the mineral resources themselves are uncertain, that is to say, where there is uncertainty in underground mineral resources, there will be great risks in investment, so this is also the price for mineral investors to obtain high returns. You may only consider the successful prospectors, not the losers, and that part of the talent is the big head. In other words, the probability of successful prospecting is less than 1%.
first of all, it's true that minerals are owned by the state, but it's not that the miners have not paid. They need to pay resource compensation tax. It means that you have mined all the mineral resources of the country, so you need to pay the price, make compensation, and pay compensation resource tax for consuming the necessary mineral procts of future generations in advance
secondly, those who have obtained the mining right need to pay a series of taxes, including the exploration fee in the previous exploration, the mining fee in the mining, and the income tax in the subsequent income
even if you don't invest in exploration, if you buy someone else's mining right or exploration right, it is equivalent to transferring benefits. Sooner or later, this tax country will charge, and it will enter your cost sooner or later
thirdly, the mineral resources themselves are uncertain, that is to say, where there is uncertainty in underground mineral resources, there will be great risks in investment, so this is also the price for mineral investors to obtain high returns. You may only consider the successful prospectors, not the losers, and that part of the talent is the big head. In other words, the probability of successful prospecting is less than 1%.
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