Will 2018 mine really stop? Is there room for bitcoin to continue to rise?

in #money7 years ago

As bitcoin prices have hit record highs, more and more people are flocking to the bitcoin market, which makes its trading demand significantly increased. In the future, as more and more bitcoin is dug up, it will be more difficult to dig and consume more and more power. according to data, the global bitcoin industry consumes more power than 159 countries. " previously, Cambridge university published a paper said that the world 's influential bitcoin ore pool, China accounted for half, one of the first ant pit is the bitcoin mainland 's mine, 80 % of the world 's mining power in China.
It is important to note that although bitcoin transactions are still listed as high-risk transactions in the country, bitcoin mining operations increase revenue in remote areas of the country. Because of the large power of mining computer, need to consume a lot of power, so most people choose electricity-rich areas such as Sichuan, inner Mongolia, Xinjiang. It is understood that large bitcoin mining sites consume an average of 40,000 kilowatts per hour, which also provides some objective revenue to the local government. So no matter what happens in the back market, the regular mines will not only be stopped but will be more popular![IMG_0919.JPG]
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Market has gradually turned from warm up crazy, rumors closed before the mine news is not so much a stable bitcoin, rather than give shanzhai performance opportunities, I mentioned before the performance of the currency circle need bitcoin to attract the attention of the outside world funds, need bitcoin innovation high to attract capital, and then attract funds began to spread in the currency circle ambush all kinds of shanzhai, make all kinds of shanzhai crazy now
The day before yesterday 's radical idea - to jilt others worry about reverse driving, the theme of yesterday - the madness of the stronghold, or the prelude to the opening of the bitcoin, the market is to cooperate, money in this position game choice let bitcoin continue, is the direction of choice, itself I will tend to break, so there is no surprise, in the short term two years I still see more money.IMG_0900.JPG
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