Bitcoin mining history, the world three quarters of the mining machine in China, a small factory electricity bill one billion

For bitcoin, there is such a data, bitcoin market value dropped to 6,925 US dollars, the miners can still make money. While three-quarters of the world's mining machines are located in China, everything has changed.

Workers inspect the entire warehouse machine daily and test each machine. If you find a problem, give the technical department. For them, time is money, because bitcoin is getting less and less, and when the number of bitcoins reaches 21 million, it ends completely. Estimated, it should be before and after 2050.

In order to mine, but also designed a dedicated bitcoin mining ASIC chip, and mining algorithm, which is to guess the number of methods, in fact, is fixed and simple, like 1 +1 = 2, who has such hardware The largest number, who is most likely to win the game. CPU mining speed is 1, then the GPU is probably 10, although the speed of the FPGA mine machine 8, but consumes 40 times less energy than the GPU, and ASIC mining speed is 2000, the power consumption is comparable with the GPU.

In the first half of the year, the net profit of the company has exceeded 1 billion yuan. In fact, in terms of mining, the bulk of the expenditure is not mining machines but electricity bills. A mine burns 40 megawatts of electricity an hour, the equivalent of 12,000 households. Every year to pay billions of dollars in electricity.

Hydropower Station 7x24 hours support the operation of mine machines, mine owners will often wrap the entire hydropower station, so abundant season of hydropower marginal cost of electricity close to zero, and only 45 million yuan a month.

However, the ban on bitcoin transactions in China, the closure of ICO and exchanges, and then thoroughly explored the limits of the mine so that these bounties earn pours over the "miners" to open the chaos. Some simply completely into the coin circle to do professional investment.

We all know this is an economic era, but also an Internet age, it can be said that the era of network economy. Network economy is not only reflected in the way we shop, but also reflected in our way of managing money. Before, we all know that the financial management is nothing more than the existence of bank interest, or the purchase of insurance, funds and other products. Now we will find more and more people choose Internet financial management.

Everybody may hear such a long term of Internet financial management, will find it hard to understand. In fact, the term is not difficult to understand. We can first understand the split, split into Internet finance and financial management. Internet finance refers to the combination of the traditional financial industry with the Internet spirit and the financial operation in the new spirit of equality, openness and cooperation on the Internet. And money management, we are all in accordance with their needs in Internet finance choose the right project to invest.