wholesale insect jewelry What can Bitcoin mining machines waste so much electricity can produce things useful to humans?

wholesale insect jewelry

1 thought on “wholesale insect jewelry What can Bitcoin mining machines waste so much electricity can produce things useful to humans?”

  1. wholesale jewelry malaysia No matter what form and state of money, everyone likes things that everyone likes. This is the case from the beginning. When people establish the concept of private property, they have generated general equivalent as a voucher for both parties. From the beginning of this kind of equivalent, to the later copper coins, silver, gold, banknotes, etc., and even a stone in the Karlo Islands in the Karlo Islands of the West Pacific, using stones for transactions.

    The stone currency of Yapu Island is not uniform, it is from 1 yard to 12 yards, and the size of the volume represents the value of value. Due to the lack of stone currency as the most important liquidity of the trading medium, if the expenses involved in the exchange are too large, the stone currency will not move from the previous owner to the new owner's hands, just through the most prestigious person in the island throughout the island. Sign on the stone currency to indicate who the owner is.

    It like stone coins, shells, copper coins, silver, gold, banknotes, bitcoins are only recognized as useful, it is like diamonds, antiques, calligraphy and painting, game skin skin Wait for value. Neither eat nor use, but we still recognize their value. Some people say how much electricity does Bitcoin waste? But does anyone go to the statistical bank how much electricity has it used? The banking industry consumes 100 too tiles each year, three times that of Bitcoin mining. This has not been counted as the material costs, costs, warehousing, and transportation costs made by banknotes. In addition, whether it is trading or potential financial activities, there are also labor maintenance costs and management costs.

    has changed from ancient times to the present, no matter what form of the expression form of "money", there are inherent advantages and shortcomings. There is no way to avoid it. For example, there is no way to move stone currency, the shell is easy to lose or damaged, the copper coins are prone to rust, gold and silver are not easy to carry, and the banknotes are not as good as the draft paper when it encounters inflation. So there is no free lunch in the world, as is Bitcoin. The essential condition for Bitcoin's game to play is that the blockchain notes are actually not stupid to the opening server and incorporate the blockchain. Therefore, the gameplay of Bitcoin requires a very important link: a reward mechanism, and the miners through mining and successfully reward a certain number of Bitcoin after the bookkeeping right is successfully obtained. In this way, more and more miners have joined the Bitcoin blockchain.

    The purpose of miners' mining is to maintain the entire blockchain network: the more people who mining, the more people participating in the data, the more people participating in the data. The safer.

    If mining is actually finding a nonce random number. The result of each hash by generating the random number of the block head is made. The hash value meets a specific standard.

    Watan who can do this first and broadcast your work results to other miners to confirm that other nodes on the entire network check the correctness of the block bookkeeping. Sexuality, and most of them can get the right to record data, and many Bitcoin as rewards.

    The initial time of each reward of 50 Bitcoin, the reward for every 4 years is halved: 2009-2012, each reward of 50BTC; 2013- In 2016, each reward was 25BTC; from 2017-2020, each reward was 12.5BTC; according to this plan, by this plan, around 2140, the award would become 0, and the total amount of Bitcoin was about 21 million. Bitcoin, as currency circulation, is issued by a very large risk. First of all, Bitcoin is not issued by the banks in which country in the world. It lacks a fair standard. In fact, Bitcoin has become the accomplice of criminal activities. Criminals use it to launder money, tax evasion, etc. It is very difficult for government agencies to investigate.

    Bitcoin is not as safe as that of Bitcoin. In 2014, MTGOX, the world's largest Bitcoin trading website, was hacked. Evaporation leads to bankruptcy.

    So people who do not know how to enter the venue carefully, Bitcoin is not a value -preserving thing. Rich may also become poor eggs overnight. And many countries do not recognize the legitimate effects of Bitcoin, and some countries have even explicitly ban Bitcoin. The above personal opinion, welcome to criticize and correct. Agree with my opinion, please like to leave again, thank you! If you like me, please follow me, thank you again!

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