Demand for electricity in mining

1. bitcoin mining is a kind of computer used to earn bitcoin. This kind of computer generally has professional mining chips and works in the way of burning graphics card

, which consumes a lot of power

one of the ways to get bitcoin is that users download software from personal computers and then run specific algorithms to communicate with remote servers

simply put, it is a box like a computer host. Plug in the Internet cable and power supply, and configure the account information

to automatically "mine" - generate bitcoin

2. The popular digital currencies in 2013 are bitcoin, Leyte coin, zeta coin, pennies (Internet), invisible gold bar, red coin, pole

point coin, barbecue coin and prime currency. At present, hundreds of digital currencies are issued all over the world

the price of bitcoin mining machine ranges from two or three hundred yuan to 200000 yuan

3. From 2011 to 2013, high configuration bitcoin & quot; Mining machine & quot; From 10000 yuan to 300000 yuan, but the performance is better than before

a lot

4. According to instry insiders, the old machine can only dig 1 bitcoin in 100 days, but now (2013) machine can dig 3.5 bitcoins in 100 days

according to the miner information published by the domestic assembly team, a miner with the lowest configuration at the price of 3000 yuan can be returned in more than 30 days according to the bitcoin mining speed

degrees

power consumption of bitcoin mining machine:

according to digiconomist's bitcoin energy consumption index, as of Monday (November 20), the current global annual power consumption generated by "mining" for

bitcoin is expected to be 29.05twh. TWH is one kilowatt hour, equivalent to one billion

power consumption per 100 S4 bitcoin mining machines is 900W per hour, and power consumption per S4 bitcoin mining machine is 90W per hour

No matter what form or state money exists in, it is something that everyone likes, and it has been like this from the beginning. When people establish the concept of private property, they proce the general equivalent as the certificate of exchange. And this kind of equivalent from the beginning of the shell, and then to copper, silver, gold, paper money and so on, and even a located in the Western Pacific Carol islands Yapu island using stones for trading

therefore, people who do not know much about bitcoin are advised to enter the market carefully. Bitcoin is not a hedge. Its price fluctuates greatly. People who speculate in bitcoin may get rich overnight or become poor overnight. And many countries do not recognize the legitimate utility of bitcoin, and some countries even explicitly prohibit the use of bitcoin. The above personal opinions are welcome to be criticized and corrected. Agree with me, please click like before you go, thank you! Like me, please pay attention to me, thank you again

Global view is a public information mining platform

reward token GC in the process of reading information, so as to achieve revenue. Based on data engine mining technology, to ensure fairness, transparency and openness

on the information reading platform, a novice reading bag will be sent to you with a simple real name after registration. The effective time of the reading bag is one month, and you can read for three minutes every day to complete the task. The monthly output is 11.4 GC coins, which can be traded point-to-point on the platform

precautions

direct promotion new person award 0.6ge, subordinate re investment award is the same as 6% of the highest level of GC (with burn system) upgrade award, upgrade G2, direct promotion 10 people, personal activity 50, alliance activity 20000 can upgrade G2

GC is a reward coin for reading, which is decentralized, point-to-point trading, shopping and circulation, with a total amount of 2 billion. You can buy reading bags to get more output and sell them to make money

Ge is generated by recommendation certification award, commission transaction bonus award, and Ge pool is released into GC or purchased reading package in proportion every day

GSB is the platform currency and the only token of exchange transaction, with a total amount of 600 million. The purchase of reading bags above the low level can be given as a 1:1 gift, while the purchase of reading bags by the lower level can also get GSB reward

as long as there is enough capital and cheap electricity, as well as computers with superior performance, the payback cycle is very short. Moreover, if you are a believer in bitcoin and want to collect money, mining is undoubtedly more cost-effective than speculation. Take the latest miner on the market, ant miner S19 Pro 110t, for example. The market price is about 20000 yuan, the calculation power is 110th, the total power is 3250w, the electricity charge is 0.3 yuan / kWh, the daily output is 0.000924 bitcoins, the income is about 59.27 yuan, and the electricity charge is 23.4 yuan, the daily net income is 35.87 yuan. If the price is in equilibrium, the payback cycle is about one year and seven months