Is mining still profitable in 2017

1. bitcoin system ensures that bitcoin will not be g out too quickly by adjusting the difficulty coefficient. Every 10 minutes, the whole network is absent from work to jointly calculate a difficult problem, compete for bookkeeping rights and bitcoin rewards. If the computing power of the whole network continues to grow, bitcoin will be g out soon. In order to ensure that bitcoin can be g out in about 10 minutes, Nakamoto designs the difficulty of mining for bitcoin, Every 2016 blocks (about 2 weeks) are dynamically adjusted, so that the difficulty after adjustment makes the expected time for each block to be generated 10 minutes. Now the difficulty coefficient is about 480ph / S (Note: September 2017), which is about 68 billion times that of Genesis block. In other words, with the current computing power, the miners in the whole network need to go through about 300 trillion hash operations to find a qualified answer, Generate a new block<

compared with point-to-point trading, mining and other purchases on the trading platform are the most popular ways to obtain bitcoin assets, that is, floor trading. The floor trading of bitcoin is similar to stock trading. The platform helps you to match, and you don't need to know who your trading partner is. Your trading partner may be one person or many people, Whether it's buying or selling, the trading platform will record the hanging order price of everyone. The buyer and the seller can obtain the latest transaction price through the real-time order. At the same time, the trading platform will summarize the historical transaction price and volume into a K-line chart, which is convenient for investors to analyze the market trend. For example, the UTOR market is the mainstream trading platform in the world

at present, bitcoin is the mainstream currency, and people's understanding of bitcoin is also higher and higher. Bitcoin has doubled in just three months, which shows that its value has risen from RMB 25000 at the beginning of the year to RMB 80000 at present. As long as you buy it at a low price and sell it at a high price, you can get income. It is very important to find a reliable trading platform. Utomarket has a technical team with many years of experience in blockchain development, a professional wallet security team, an unusual device IP login verification monitoring, a common IP address monitoring for wallet withdrawal, and a large amount of manual audit to ensure the security of account and wallet funds. Moreover, at present, there is no service charge for the transaction, and the price of bitcoin is more suitable than that of similar platforms, so bitcoin is the best choice for the transaction of virtual currency.

2.

Now the hottest miner is not bitcoin miner, but filecoin miner. The year can be hot. It's said that the miner will be on the main chain in the middle of the year. Now it's delayed. Now it's said that the miner will be on the main chain in the middle of next year. Many people have bought the miner for a long time, but they are digging other coins, and they can't dig filecoin yet

the cost of mining machinery is neither expensive nor cheap. It takes time to recover capital and make profits. This year's currency market is in downturn, and the cost of digging bitcoin is increasing, but the price has been between us $6000-7000, so there is no profit to cover

now mining can only be excavated before the market goes up to sell for money. The average time for the mine to go back is more than 6 months. Next year, whether the market is good or not is still unknown. Moreover, the heat of the digital money has dropped, and the bubble is still very large. p>

3. Now it's not very profitable. In 12 years, the price of bitcoin was about 1000 +. With personal PC, we could dig more than one coin a week. The current currency price is about 20000 yuan
Development:
1. Bitcoin (bitcoin) is a kind of network virtual currency, which can buy real-life goods. It is characterized by decentralization, anonymity, and can only be used in the digital world. It does not belong to any country or financial institution, and is not subject to geographical restrictions. It can be exchanged anywhere in the world. Therefore, it is used as a money laundering tool by some criminals. In 2013, the U.S. government recognized the legal status of bitcoin, making the price of bitcoin soar. In China, on November 19, 2013, a bitcoin was equivalent to 6989 yuan
2. On January 7, 2014, Taobao announced that it would ban the sale of Internet virtual currencies such as bitcoin and lightcoin from January 14. West Virginia Democratic Senator Joe; On February 26, 2014, Joe Manchin issued an open letter to a number of regulatory authorities of the US federal government, hoping that relevant institutions would pay attention to the current situation of bitcoin encouraging illegal activities and disrupting the financial order, and demanded that actions be taken as soon as possible to completely ban the electronic currency. On January 11, 2017), the Shanghai headquarters of the people's Bank of China and the Shanghai Municipal Finance Office carried out on-site inspection of bitcoin China.

4. Yes, but it's a dangerous job

5. At present, the most popular way of bitcoin trading is contract trading. According to the rise and fall of the price, it is far better to obtain income than the traditional mining and direct trading. After all, there is no need to really hold virtual currency, just need to judge whether the price is up or down, which is very suitable for the existing investors, simple and convenient

6. Bitcoin's computing power continues to rise today
according to bitinfocharts, the computing power of bitcoin network continues to rise today. Although bitcoin was unable to break through the $10000 price after its fall in February, the growing computing power in the past few months means that miners are increasingly interested in mining
in addition, whether mining makes money or not is related to computing power. If computing power is strong, the income will be high. Indivial mining can't make money now. It needs a certain scale of mining pool. If you encounter a good computing power platform, you can pay attention to it.

7. Why dig cobalt ore? How many grades do you have? If it's 85, why dig cobalt ore
if you're on the way to 80, I don't recommend that you dig in the middle of the night to make money while doing mining tasks, but don't burn cards. A qualified miner still makes a lot of money. You need to find the right route to brush the ore. It's suggested that you download the magic box plug-in, which has a collection assistant. Generally, you stick to it outside the mountain. It's almost 90. Every time you open the service, the miner will make a lot of money A good time to write...

8.

It can earn money, but bitcoin is now g by professional miners. Ordinary users can only dig bitcoin a little, because bitcoin mining is very difficult now

but you can dig Monroe and Ethereum, which are the two most popular virtual currencies at present. After selecting the currency, you can start to make money by using ha Yu miner , one click mining

9. 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?

10. After the price of bitcoin reached its peak in 2017, the price began to fall all the way below the mining cost price, and countless miners suffered serious losses. At present, the price of bitcoin has stabilized and rebounded in 2019, and the mining price is profitable. At present, many well-known blockchain leaders have begun to lay out mines. Xiaoju, the capital boss of cloud chain, said that the next two years will be the prime time for miners, Wall Street is speeding up its approach