Where is the money for mining

1. 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.

2. Qwertycoin, which has been popular recently, was built by the geek team in Germany for 18 months. It is a secure anonymous coin that focuses on privacy and is used for global
secure payment. Qwc has no pre excavation and ICO, and adopts cryptonight algorithm (supporting mainstream mining machine X3 and A8 +) POW mining.

3. Hello, the popular mining machines are ant mining machine and Avalon mining machine. Go to the official website to buy them. In the current bitcoin market, it's not worthwhile to mine the current bitcoin price. If the profit is very low, you may not be able to recover the capital. Now, in addition to electricity charges, the number of indivial investors mining is graally decreasing. The trend of mining centralization is more obvious. The best time to dig has been missed. This can take a look at bitcoin home network related introction.

4. Bitcoin is a virtual digital currency
mining is done with mining machines, but it can also be done with cloud computing, mining pools and so on. As long as there is enough network, power and computer configuration, mining can be done
bitcoin mining is a bit similar to ordinary mining, so it is called mining.

5. When you talk about blockchain alone, it refers to the blockchain technology, which is an architecture design method to realize open, transparent and traceable data. It can be regarded as a broad blockchain. With the graal growth of blockchain technology, it is more and more difficult to be ignored by the general public. The business community will pay more and more attention to blockchain technology. At present, among many blockchain technology development enterprises, Yingtang Zhongchuang is one of the more prominent blockchain system development platforms. Blockchain technology can be fully used in value storage, transaction process and payment. Compared with traditional financial institutions or intermediaries, blockchain system can complete fund transfer at a lower cost and higher speed in domestic or cross-border transactions.

6. It's either a cheater or a fanatical believer who can make money with you. Opportunities and risks coexist. However, from the current consensus and the attention of all parties, this project has a very good prospect. The biggest problem is how to choose a powerful company to invest.

7. The answer upstairs is wrong. Although bitcoin can also be g by computer, its efficiency is very low, and it is not enough for the cost of electricity and computer. I g Ethereum, which can be g by computer. According to the current situation, it should be no problem in the last year.

8. Bitcoin mining is a process of using computer hardware to do mathematical calculation for bitcoin network to confirm transactions and improve security. As a reward for their service, miners can get the Commission included in the transaction they confirm, as well as the newly created bitcoin. Mining is a professional and competitive market. The bonus is divided according to the amount of calculation. I used to play mining for a while, but now I'm playing with fire coin, which is much easier.

9.

" Bitcoin Mining & quot; The concept of "gold mining" comes from the existing concepts in real economic life, such as gold mining and silver mining. Because minerals are valuable, it drives people to pay labor to dig

significance: compared with the special currency network, bitcoin mining is not only the basic guarantee for issuing coins, but also for maintaining the operation of bitcoin system; Behind every bitcoin mining activity is to create a new-type & quot; Note printing machine & quot

Bitcoin does not rely on specific currency institutions to issue. It is generated by a large number of calculations based on specific algorithms. Bitcoin economy uses a distributed database composed of many nodes in the whole P2P network to confirm and record all transaction lines, and uses cryptography design to ensure the security of all aspects of currency circulation

the decentralized feature and algorithm of P2P can ensure that it is impossible to artificially control the value of bitcoin by mass manufacturing. 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 scarcity