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What coin mining machine does not have an advantage Based on the difficulty of Bitcoin mining, there is currently no mining algorithm more suitable for mining than ASIC. Generally speaking, when the currency price is low, other currencies are not considered; If you choose ASIC when the market is good, you can consider mainstream currencies when the price is high; But for ordinary investors, choosing a professional mining site still requires attention to risks and returns Bitcoin is determined by electricity consumption, so the mining market is now relatively deserted. However, because the digital currency market has a large space for development, it is very easy to dig digital assets, and many people will transfer these computing power to their own hands to dig, so some investors also buy some new hardware equipment after buying a machine to mine Cryptocurrency. Of course, there are also some investors who hope to increase their fund utilization rate through this method, such as…

What is the BitEmpire and what is the BitEmpire? What is the Bitter Empire? How does Bitcoin enter the blockchain? Why should we create a “mining machine” and how to use mining to make profits Cryptocurrency and smart contract technology have developed rapidly in the past decade and become a new industry. It provides a platform that allows participants to invest using their native digital assets. This new financial system provides investors with more choices and also creates more advanced trading mechanisms. This new system enables people to manage their digital economy activities more flexibly, thereby generating greater opportunities BitbitAccording to official information, Bitbit (Coin Core Cloud) is one of the world’s leading digital asset international stations. Currently supporting BTC/USDT, ETH/USDT trading pairs; BCHABC/BTC transaction pair; EOS/USDT, XRP/USDT and other mainstream Cryptocurrency transaction pairs BitMEX is a San Francisco based company dedicated to providing a secure, transparent, and trustworthy choice for the traditional financial world. Users on the BitMex platform…

what is called bitcash Bitcoin Cash cash (BCH) is the first time blockchain technology has been applied to business scenarios worldwide. It can allow anyone to trade and transfer digital currency through smartphones, computers, or other devices without being affected by the development of the internet. Therefore, people’s acceptance of encryption technology is increasing, which is a very positive performance for the entire industry. However, if we understand this process as decentralization, it is equivalent to an electronic payment system; Detrusted peer-to-peer networks; A borderless financial system requires more infrastructure to ensure the safe and reliable connection of this information What is Bitcash? What is Bitcash? Simply put, it is a technical solution for “value transfer”. Its purpose is to address a series of issues such as the current non disclosure of bank accounts. This technical solution mainly includes three aspects: 1. Create two-way communication between private key and public key based on Cryptography principles; 2. Use a hybrid consensus…

What is ETH mining? What is ETH mining What is ETH mining The higher the computing power of ETH, the larger the network capacity of Bitcoin. In traditional networks, BTC is a method of completing transactions and verifying payment confirmation processes through consensus protocols. However, as more and more people join the decentralized finance (DeFi) in the Ethereum blockchain system, the value of Bitcoin will also rise Of course, mining is also a long-term investment behavior. However, if all assets are pledged and mined in one place, the price of Bitcoin will surely rise, even reaching more than a million dollars, which will undoubtedly become one of the important factors in the Cryptocurrency market. Why use ‘dig’? Because ‘dig’. The process of digging out blocks and generating new ones is to make this block longer lasting and make the chain more stable; Therefore, ‘digging’ can be understood as a new form of investment, similar to traditional fund management tools. It…

Yuntecoin What Yuntecoin is a forked version of Bitcoin, which adopts a new method called “Proof OF Gas” to ensure the security and privacy of online transactions Running a system on the blockchain requires users to pay fees, while the smart contract on Ethereum uses this function, which makes the Ethereum network unable to process a large number of blocks and transactions. Due to the current serious network congestion and high transaction fees, developers hope to solve these problems through this method Specifically, in order to enable miners to obtain the excavated Bitcoin, Yuntecoin will provide the following services: firstly, mining; 2、 Computational power leasing; 3、 Exchange; 4、 Token exchange; 5、 Voting governance, etc Is the Bitcoin scam on Cloud Coin Network trueThe claim that the Bitcoin scam on Cloud Coin Network is fake.. It is reported that recently, “Cloud Coin” was exposed to be suspected of illegal activities on Ethereum, and the “Cloud Coin Trading Platform” (also known as…

What are the weaknesses of mainstream currencies? What are the weaknesses of mainstream currencies In terms of technical indicators, mainstream currencies mainly exhibit bullish fundamentals; Good market sentiment; The overall market is not optimistic; The price fluctuates significantly. The technical support and relative strength points mentioned in the technical analysis have strong reference significance. The tracking of technical analysis has a greater possibility of operability. If there is a sharp decline in the market, investors can pay attention to the price trend of BTC/USDT contracts after delivery next Monday night and whether the deviation from MACD on the daily chart will have an impact. At present, both of these situations are quite obvious: 1. Bitcoin has fallen below the $10000 threshold; 2. Ethereum rebounded from the lowest 9250 to above 10900 and operated in shock; 3. Ethereum Classic broke through the 60 day moving average and began testing the resistance level of the MA30 moving average upwards; 4. The EOS…

Why choose Polkadot is a multi chain blockchain platform that mainly solves the problem of lack of interoperability between blockchain and the Internet. In the past few years, many projects have completed cross chain functionality, parallel threading, and smart contract calls. However, due to technological differences, Poka is not a perfect solution, and it also has various problems. So why choose Boca Because we strongly agree with Boca’s vision, Boca is a decentralized network architecture aimed at providing scalability for future Web3.0. And this vision is to achieve the core goal of “Internet of Things” and ultimately create a new digital economy So Poka has great potential: it can become a bridge connecting the real world and the digital world; It will enable developers to create their own applications and products so that they can use these new applications on different networks. All of this can be accomplished through Poka. In the long run, Poka has built a series of…

Why to Mix Coins Editor’s note: This article is from Orange Book (ID: chengpishu), authored by Chen Wenjie, and reprinted by the Daily Planet Daily with authorization The mixed currency technology is a new concept in the blockchain field. It not only has an impact on the transactions of special currency and Ethereum, but also brings many risks. At the same time, it is also an emerging technology. Its innovation is that users can conduct anonymous transactions in exchanges. This new type of digital currency is the “black market” (that is, there is a large amount of illegal capital flow in the market). Due to the emergence of some fake ICOs, counterfeit projects, and various disguised token scams in the market, people are easily exploited by scammers. However, if such a situation really occurs? Why mix coins? To help ordinary people better understand the latest developments in this field, let’s take a look at what mixed currency is and how…

Why can bits bifurcate? Why can bits bifurcate? The emergence of Bitcoin and Ethereum has brought new challenges to miners. In the Bitcoin network, due to an algorithm that can package a block (or transaction) into another blockchain, when users want to perform a specific transaction, they need to choose whether to support the new coin or if the token has been added to the chain, and then use the same code again at different points in time to execute the program According to the Bitcoin Cash Cash Protocol, failure to do so will result in Systematic risk, because it may lead to a decline in the unpredictability and decentralization of the entire network. However, this mechanism also significantly increases the difficulty of mining Bitcoin, resulting in a 51% attack situation. Therefore, Bitcoin miners can achieve their goal by controlling these mining machines with 51% computing power: by having them run a single node to verify transactions and confirm that…

Why is Bitcoin still trading? According to Bitcoin, why is Bitcoin still trading Because it is known as “digital gold”, it is one of the largest financial assets in the world. Its supply is as large as that of Fiat money around the world, but there are great differences: the role of traditional currencies such as the US dollar and RMB in value storage and transfer; The euro is the main means of payment for global trade, while the issuance of Japanese yen is very small If all these factors are attributed to blockchain technology, we can infer that Bitcoin is changing our lives – from commodities to the banking industry and people’s lifestyles – the most important of which is its decentralized nature Why Bitcoin Lasts ForeverEditor’s Note: This article is from the vernacular blockchain (ID: hellobtc), authored by the Five Fireballs Cult, and reprinted by the Daily Planet with authorization Bitcoin prices have been rising since reaching a…

Why is Bitcoin rising so fast? Why is Bitcoin rising so fast? Because it is driven by two main factors: Bitcoin and Fiat money. The first reason is that it exists as a payment system. Secondly, its price increase is supported by the government for digital currencies. The third reason is that the price of Bitcoin has recently exceeded the psychological resistance level of $10000 So why is Bitcoin so high? This is because the technological concept behind Bitcoin – distributed bookkeeping technology – can be applied efficiently and low-cost in decentralized networks. With the continuous development of technology, a series of issues such as blockchain, encryption algorithms, and network security are increasingly becoming concerns for people. Bitcoin is considered better than gold because it can provide a transparent and tamper resistant database. Therefore, although many people believe that Bitcoin has the potential to change the world and create wealth, many people do not understand what the term itself is….

Why Bitcoin has 21 million Bitcoin was proposed on January 3, 2009, and now it has become the world’s largest currency. Its market value has surpassed other asset classes such as gold and silver, and its trading volume has reached an astonishing $200 billion Why are there 21 million Bitcoins Why are there 21 million Bitcoins? Because people know that whenever someone asks what Bitcoin is, they will say, “I don’t know what the real Bitcoin is.” But is this the truth? ? (Note: To explain the concept of Bitcoin and its relationship with blockchain technology, let’s first briefly understand what Bitcoin is.). Why spend so much time researching Bitcoin? Because many people believe that this is a digital currency. But in reality, no one knows how it works, nor can they predict what impact or consequences it will bring. (Bitcoin) Why is the maximum supply limit of Bitcoin 21 millionAccording to CCN, the maximum supply limit of Bitcoin is…

Why is the amount bought by Bitcoin not enough? Editor’s note: This article is from Meng eyes Finance (ID: Meng eyes) and is authorized to be reprinted by Daily Planet Daily With the increasing price of Bitcoin, more and more institutions have bought Bitcoin and other Cryptocurrency assets as a reserve investment tool. But why are these funds not enough? The reasons are as follows: 1. People’s purchasing enthusiasm is not just a hedge against inflation; 2. Investors are looking for new ways to store and accumulate value; They see Bitcoin as a better means of transmitting value than gold. In the traditional financial market, this has happened many times, especially in the United States, because the government’s regulatory policy is more strict, and the Commodity Futures Trading Commission has begun to restrict the Cryptocurrency exchange from providing custody services; 4. Many people hope to obtain higher prices in order to profit from their personal wealth, while others want greater…

. And the latest news has once again sparked market discussions: the price of Bitcoin has been declining since early 2018; From early August to mid to late October, the price has dropped by over 90% and is currently stable around $3000; Another issue is that the increase in mining difficulty and software upgrades have led to a decrease in miners’ profits (reportedly). Some old and inefficient miners may choose to turn off new equipment or perform replacement operations, but due to the high difficulty of mining, they may not be able to operate normally, and some old versions may even be eliminated Why MiningToday, BitMicro announced that there have been abnormal sales of mining machines in China recently.. One of the companies stated that they suffered losses due to non disclosure of customer information; Another company, ZTE Communications, responded that due to the lack of several new products for Bitcoin mining equipment, it could not function properly. This means…

Why Wallet Cannot Synchronize Editor’s note: This article is from BlockBeats (ID: BlockBeats), reprinted with authorization by Daily Planet Daily In the field of Cryptocurrency, wallet is one of the most important tools, but if you have a smartphone, you need to connect your wallet to synchronize it with WalletConnect. Why can’t Wallet synchronize? If you want to bring the WalletConnect application to the Ethereum main network, you need to link the smart contract to the desktop, and then click “Confirm”. Once users verify their digital assets through the “signature” function in their wallet, they will receive a new private key. In this way, the user’s password can be restored So the question arises: why can’t non tokenized applications be synchronized? Because most blockchain projects have a common feature that is security: 1. Due to insufficient data storage capacity in Bitcoin networks Due to the limited network capacity of Bitcoin and the inability to ensure data availability, most blockchain projects…

When did China start trading Bitcoin? According to CCN, when did China start trading Bitcoin? According to Bloomberg, the US exchange Bitstamp has announced a partnership with a UK entity called the ‘Digital Currency Custodian’ The exchange said: “We have conducted several surveys around the world to determine which companies are using Bitstamp for OTC trading and short selling.” Bitstamp is one of the largest spot Cryptocurrency platforms in the world, providing BTC, BCH and other tokens. It is currently unclear whether there will be any new actions. But the company added, ‘This may mean they no longer need traditional financial instruments to support their business’ and hopes to further consolidate their advantage as a market leader through their technological advantages. Since 2014, our team has been researching various products and services – Bitcoin ETFs (Bitcoin Exchange Traded Funds) to help customers understand this emerging asset class. When can China trade BitcoinAccording to Coindesk, insiders have revealed that when can…