jewelry cubic zirconia wholesale Why is Bitcoin mining?

wholesale dropship jewelry companies As we all know, the most significant feature of "blockchain" is "decentralization". What is "decentralization"? For example, Bitcoin, Bitcoin is no currency issued by any authoritative institutions. How can the transaction behavior of Bitcoin produce records? This is due to the "node" of the blockchain. Each single "node" will record these transaction records, and then spread to the next "node". In this way In the network -shaped structure, all nodes will record the transaction. Because the means of spreading are point -to -point, each point is the same, and there is no authoritative point, so this method is "decentralized".

We we will start to analyze why Bitcoin must be mined through the operation method. First of all, we mentioned above that each transaction is generated by one point and another point. After the two points transactions are completed, they will spread to all points. Essence But what is the problem?

Due to the accumulation of Bitcoin for a long time, the transaction volume information will explode, and the amount of information checking the information between points will increase. It's like saying that there are more cars. How to ensure that there are no traffic jams on the road?

So Satoshi Nakamoto invented the technology of "blockchain" to solve this problem. What's the meaning? This is to pack these information for standards and standardized packaging to form a large compressed package. Passing in the form of compressed packages ensure that there will be no traffic jams on the road of transportation.

OK, then the question is, who will pack these data? Therefore, there is a "mining", which means that the first person to standardize a bunch of information will be rewarded. What is the reward? It's Bitcoin. The process of packaging is called "computing power". The higher the "computing power", the faster the packing speed.

only by calculating mining can it be recorded that each point is recorded in the case, and there will be no large points to control the situation, so as to achieve true decentralization.

The method of getting Bitcoin, one is to buy coins directly, and the other is mining. There are three types of mining, personal mining, custody mining, and cloud album mining.

The cost of mining is cost -effective?

If the price of the currency rose, in the short term, mining income obviously increased. After the long -term view, the daily output was net profit, and the income was higher than the speculation.

If the price of the currency falls, in the short term, there is no principal risk, the mining will get the account every day, reassure the coins, and in the long run, the mining has recovered the cost. There is no risk of the principal. The currency price rises and sells for profit.

does not mean why Bitcoin wants to mine

is because mining can get Bitcoin

One means

of course, you can also buy it directly.

The mineral algorithm originated from Bitcoin, because Bitcoin is equivalent to 21 million problems and requires "mining machines" to calculate and answer.

The answer, you will get the corresponding Bitcoin reward.

The value of Bitcoin's value, so many people will be able to mine.

This is a form. If you get Bitcoin, you have to mine, just like asking

Why do you want to go to work?

of course, you can make money if you don't go to work. Similarly, you can get Bitcoin without mining, for example, buy it directly.

is as simple as that.

is not Bitcoin called mining, but Bitcoin has become synonymous in everyone's minds, and mining is to use a minimum cost to obtain digital currency. Mining is the most stable way. The excavation of the first bitcoin was excavated by Satoshi Nakamoto in 2009 with the most basic computer. At present, the market value of Bitcoin has reached 250,000. Mining is to obtain digital cryptocurrencies at the lowest price to earn benefits.

1. Mining refers to the packaging right of computing power competition for computing power competition, because the mining union obtained the packaging right obtains block rewards, that is, Bitcoin reward. This form is similar to the "mining mining" in the traditional sense-to minimize gold mines by investing manpower equipment, so it is called mining.

2. One role of mining is to maintain the security of the entire Bitcoin network. Mining needs to invest in computing power into the network. This can ensure that the entire network will not be easily attacked and ensure the security of the network.

3. The more important value of mining is to distribute new Bitcoin through competition to ensure that the Bitcoin produces a new bitcoin according to the stable white paper.

You is a layman, or is it a trader to flickering leeks and what mine does Bitcoin dig? Gim gimbaste, which are well -edited procedures, which mining machines have a small box, stacked in a house, consumes power in one day, digs the virtual ore designed by the trader, according to the money of your investment machine, the size of the mining machine to determine you How much is digging coins, no different from financing,