catcoin mining

『One』What are the risks of virtual currency

Model risk

Virtual currency is not real currency, and there is no central bank behind the total control and macro-control , its worth depends entirely on its supply. For example, according to Satoshi Nakamoto’s algorithm, the final supply of Bitcoin is 21 million and will not increase. But if its model is found to be flawed, resulting in a massive increase in the money supply, current trading platforms and investors will lose everything.

Many algorithm enthusiasts have conducted repeated deductions, and no model defects have been found so far.

Risk Likelihood: 1

Risk Impact: 5

Market Depth Risk

Current value of virtual currency The chain is mainly composed of miners and traders. There is a small supply of money and few market participants. Compared with other mature markets, Bitcoin transactions are inactive and vulnerable to large capital inflows and outflows. In addition, market depth risk also derives market manipulation risk and liquidity risk.

Platform risk

Currently many virtual currency platforms basically need to deposit funds into the platform for buying or selling. In order to attract investors to join, some platforms often offer preferential conditions for free handling fees. However, some free platforms are more risky. For example, in October 2013, a bitcoin trading platform registered in Hong Kong suddenly ran away on the grounds that it was “attacked by hackers”, and all the executives disappeared. It was subsequently estimated that the incident took away about 30 million yuan.

Coping strategies: 1. Investors should inspect and screen the platform after determining whether or not to invest in virtual currency and which virtual currency to invest in, and do not suffer from frivolous fees. Influenced by small profits, choose a platform with strength and good reputation for trading; 2. Investors should pay attention to all kinds of news of the platforms they invest in, and do a good job of observing changes in their reputation; 3. Regulators should The trading platform of virtual currency is included in the scope of supervision, and it is required to pay reserves and deposits to prevent such moral hazard.

Risk Possibility: 1

Risk Influence Degree: 4

Circulation Risk

One of the fundamental functions of currency First, it can continuously be used as a means of purchase in the process of commodity circulation to realize the price of commodities. So far, only a very small number of merchants accept virtual currency as a means of payment for circulation. In other words, a considerable part of the participants who are currently investing in virtual currency are for the purpose of winning the price difference, while only a small number are for the purpose of storing it in advance as a future currency.

Coping strategies: Existing participants of virtual currency should actively recommend this category to the government and the public, and increase the number of merchants in the market that are willing to accept virtual currency as a means of payment.

Risk Likelihood: 4

Risk Impact Degree: 3

Legal Subject Risk

December 5 On July 1, the People’s Bank of China, together with the Ministry of Industry and Information Technology, the China Banking Regulatory Commission, the China Securities Regulatory Commission and the China Insurance Regulatory Commission, issued the “Notice on Preventing Bitcoin Risks”, which claimed that Bitcoin should be a specific virtual commodity
in nature. It does not have the same legal status as currency, and cannot and should not be used as currency in the market. Circular 21 of 2014 issued by the IRS states that bitcoin and other virtual currencies will be considered property
and not a currency. All in all, there is still a long way to go before the legal subject status of virtual currency is established.

Coping strategies: The existing participants of virtual currency should actively exert influence on the government and regulatory authorities, and establish the legal subject status of virtual currency as soon as possible.

Risk Likelihood: 5

Risk Influence Degree: 3

『Ⅱ』What is Mining

Mining is the use of bitcoin mining machines to earn bitcoins.

Users download software with a personal computer and then run a specific algorithm. After communicating with a remote server, they can get corresponding bitcoins, which is one of the ways to obtain bitcoins.

Bitcoin is a virtual currency. The Bitcoin mining system is the process of conducting mathematical operations for the Bitcoin network through computer hardware. The miners who provide the service can get a reward, because the network reward is based on the miners. The completed tasks are calculated, and the competition for mining for this is very fierce.

Mining is actually a competition of performance and equipment. A mining machine composed of a lot of graphics cards, even if it is only a mid-to-low-end graphics card such as HD6770, can still surpass the computing power after “grouping” Most users have a single graphics card.

And this is not the most terrifying thing. Some mining machines are composed of more such graphics card arrays. If dozens or even hundreds of graphics cards come together, the graphics card itself also costs money, including the hardware price. Various costs, etc., mining has considerable expenditure.

(2) Catcoin Mining Extended Reading:

Bitcoin Mining��Process:

1. Find a mining pool

To start mining, you must have a mining pool with easy operation and stable output. Its function is to subdivide data packets for each terminal , the data packets calculated by the terminal can be paid in proportion to the corresponding amount of Bitcoin through a sophisticated algorithm.

2. Download bitcoin miner (software)

In fact, there are many kinds of this kind of miner, you can go to the official website to download.

3. Setting up the mining software

GUIMiner is a green software. After the installation is complete, we can set the language first to facilitate further settings. Next, you need to set the server, username, password, device, etc. to the miner. Generally, the server can choose a better network from the BTC guild series. The user name and password are what we set before.

4. Bitcoin mining starts

After we confirm that all settings are correct, click the “Start Mining” button to start mining Bitcoin, and the graphics card will soon be It will enter full speed operation, the temperature will increase, and the fan speed will increase. You can monitor the status through GPU-Z or graphics card driver.

“Three” How to make money from virtual currency? There are those listed virtual currencies.

The most basic thing is to make money by mining, buying coins to appreciate in value, and moving bricks to make money. .
---Jianghu Ranking----
The total amount of diamond coins is 10 million, and the total amount of diamond coins is 4 million.
The total amount of treasure chest coins is 18 million. The total amount of bitcoins is 3.65 million. 10,000
The total amount of Milan coins is 50 million
The total amount of Ethereum is 76.62 million
The total amount of Jingbao coins is 80 million (miners)
The total amount of Litecoins is 84 million (miners) )
The total amount of CEC is 100 million. The total amount of CEC is 30 million. 3ZC total 144.9 million Pre-mined 138 million
Metal chain total 150 million Pre-mined 70 million
Great Wall Chain 200 million pre-mined 60%
Ethereum Classic total 230 million (without wallet)
The total amount of quark coins is 247 million
The total amount of Marriott baht is 500 million, and the total amount of pre-mining is 300 million
The total amount of enterprise bitcoin is 900 million.
The total amount of financial coins is 900 million. />The total amount of the Internet celebrity chain is 1 billion, and the total amount of lock-up is 200 million
The total amount of dragon and tiger coins is 1 billion, and the total amount of pre-mining is 600 million
The total amount of Fidecoin is 1 billion
The total amount of super coins is 1.2 billion All pre-mined
The total pre-mined coins are 1.2 billion
The total amount of Mystery Chain is 2 billion
The total amount of micro silver coins is 2.1 billion 10 billion mined
10 billion total digital chain pre-mined 5.5 billion
10 billion total food security coins
10 billion bitcoin total pre-mined 9.9 billion
Earth The total amount of coins is 13.5 billion
The total amount of cloud storage coins is 13.75 billion
The total amount of blockchain coins is 27 billion mined
The total amount of BFC bitcoin wealth is 33 billion. Pre-mined 13.3 billion
BOHU total 60 billion
Dogecoin total 100 billion
Totoro total 100 billion Pre-mined 80 billion
Colored coin total 100 billion Pre-mined POS
/>The total amount of patent coins is 720 billion

“4” Lynx mining machine mining tutorial

“Wu 』What kind of currency is Bitcoin?

As long as it is an investment, there will definitely be certain risks, and if you want to make a profit, you must take risks. It can be said that the reason why the digital currency is popular in recent years is also Because everyone is willing to invest, digital currency is indeed a way to make money without losing money. Many people want to know how to develop digital currency wallets. Although some source codes on the Internet are completely open, it is still very troublesome and cumbersome to modify them into their own digital currency. And everyone should pay attention to the overall risk in development, and the evaluation must not be less.

From the perspective of development, it is not enough to know how to develop a digital currency wallet, but also to know the development prospects of this industry and how to use your own digital currency. It is recommended to directly hand it over to a professional company for development. Now, friends who have a certain amount of money in their hands hope to have their own digital currency, so that the risks can be controlled, and it is best to handle it yourself. Compared with investing in other types of digital currency, it is more convenient to control your own digital currency, and the risk is much reduced.

From a market perspective, it is easy to understand how to develop a digital currency wallet, just find a professional company to deal with it. And now there are a lot of digital currencies in the market, and many people are more willing to use digital currencies for some crossover transactions, so that they will not be traced, and they can also ensure timely receipt without any intermediate fees. The market demand is large, and the stability of digital currency is very high, so it will be easier to ensure that you can make money. And consumers are more willing to invest in such digital currencies, so having a digital currency of your own is definitely the best investment choice.

『Lu』 Lynx Mining Machine Mining Tutorial

Abstract Mining Equipment: ASIC Mining Machine (Innosilicon A9, A9++, Antminer Z15, Z11, Z9, Z9mini, etc.).

『柒』 hct coin one.�How much money does the cat return

Summary If it is a piece of this B, the market price is about 100 yuan.

『渌』 Founder of the mining game Who is

Crypto Kitties has to be said about blockchain games,
He is the first blockchain game that has swept the world, in essence, it is just an electronic pet Into a game,
Players need to use ether to buy virtual cats,
These cats are actually written by different “codes”, so cats are endowed with different DNA,
The value is also are different. The most expensive one was completed on December 3 last year.
It was sold for US$114,481.59 at that time, which is more than 700,000 yuan, and now it has appreciated by more than 1.25 million yuan
. Is it tempting enough?


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