taxco mexico silver jewelry wholesale What is computer mining?

wholesale huge hip hop jewelry fake Computer mining: When the user "mining" Bitcoin, you need to search for 64 -bit numbers with a computer, and then compete with other gold rushing people by repeatedly solving the mystery. Create a set of numbers successfully, then 25 Bitcoin will be obtained. Simply put, it's coming to find Bitcoin.

The principle of "mining" is to first send a question. Whoever calculates it in the specified time will give a leeks, the number of leeks is 2100 tons, half of the year of four years ( In the first four years, 1050 tons, 525 tons of 525 tons), and so on.

The corresponding legal provisions of computer mining in my country:

In China, the "RMB Management Regulations" stipulate that the production and sale of token tickets are prohibited. Because the definition of token tickets does not have a clear judicial interpretation, if Bitcoin is included in the "tokens", Bitcoin's legal prospects in China are facing uncertainty.

The notice of the Ministry of Culture and the Ministry of Commerce on strengthening the management of virtual currency management of online games, stating that the scope of application of online games virtual currency for the first time, which distinguishes the current online game virtual currency and virtual props in the game At the same time, the notice stated that the "Notice" stipulates that enterprises engaged in related services must be approved before they can operate.

Bitcoin mining machine

is a computer used to earn Bitcoin. Such computers generally have professional mining chips. The power consumption is large. Users download software with personal computers and then run specific algorithms. After communicating with the distant server, they can get the corresponding Bitcoin. It is one of the ways to get Bitcoin.

Bitcoin

is different from most currencies. Bitcoin does not rely on specific currency institutions. According to specific algorithms, it uses a large number of calculations to use the entire P2P of the Bitcoin economy. The distributed database composed of many nodes in the network to confirm and record all trading behaviors, and use the design of cryptography to ensure the security of all aspects of currency circulation. The decentralization characteristics and algorithms of P2P can ensure that the currency value cannot be manipulated by a large number of Bitcoin. Design based on cryptography can make Bitcoin only transfer or pay by real owners. This also ensures the anonymity of currency ownership and circulation transactions. The total number of Bitcoin is very limited and is scarce. The currency system has only exceeded 10.5 million in 4 years, and the total number will be permanently limited to 21 million.