How long can btc mine

『One』Can Bitcoin still be mined now, and how long will it take to mine?

Can Bitcoin still be mined now? How long will it take to mine? I think Bitcoin mining is possible, but the success rate of mining is very low. It is not recommended for you to mine. Mining consumes a lot of electricity.

『紴』How long does it take to mine one bitcoin?

This depends on the configuration of the computer’s graphics card, as well as the upload speed of the network. The machine is configured faster, but it is also a probability , it’s not that easy. Now many people are starting mining farms. Those who are not familiar with it should not play these things. I think I should invest in what I am familiar with first, or online financial management such as Jujin Capital. I put it there

『Three』How long does it take to mine a bitcoin and how can it make money?

Bitcoin needs a special mining machine to mine. The average mining time varies from a few weeks to a few months. Depends on the size of your machine.

How long does it take to mine a bitcoin with 『4』

Now this business is not easy to do, and the investment is huge. How long it takes to mine a bitcoin depends on the performance and quantity of your mining machine. And there is a limit to the total number of bitcoins, which is getting harder and harder to mine.

『Wu』How long does it take to mine a bitcoin

Bitcoin is a network virtual currency. The Bitcoin network generates new bitcoins through “mining”. The so-called “mining” is essentially using a computer to solve a complex mathematical problem to ensure the consistency of the distributed accounting system of the Bitcoin network. Assuming that the mining computing power is 100Mhash/s and the total daily computing power is 4000Ghash/s, then 3600 bitcoins can be mined every 24 hours.

China’s computing power has accounted for more than 75% of the world’s total, which means that 75% of the world’s bitcoins are made in China. So how long does it take to mine a bitcoin?

In the past, bitcoin was very easy to “dig”, and it could be done by ordinary computer CPU. Just download the software to “solve the problem” automatically. However, as the currency price rises, more and more people want to “solve the problem”, and mining becomes more and more difficult. Now, the amount of computation required to mine a Bitcoin is simply beyond the reach of ordinary people, so don’t even think about ordinary computers.

Industry insiders said that in 2014, 500,000 yuan of electricity produced 100 bitcoins per day, and the electricity cost alone cost 5,000 yuan per piece. But by now, the same cost has more than doubled, with electricity costs as high as 10,000 yuan per bitcoin.

In the generation mechanism of Bitcoin, the mining reward is decreasing. At the beginning of Bitcoin’s birth, miners could get 50 bitcoins for each page of the ledger, and then 25 bitcoins were rewarded for each page, which decreased in turn. Just like digging for gold, you dig a lot at first and then less and less. Every time the new reward is reduced by half, it is called the Bitcoin production halving.

Assuming that the mining computing power is 100Mhash/s, the total computing power per day in 2014 is 4000Ghash/s, and 3600 bitcoins are mined every 24 hours.

Now, we can understand the difficulty of mining Bitcoin in this way, which is equivalent to throwing a number less than 100 million 50 from 100 million dice. Whoever throws it first will get the accounting right. At this point, 100 million and 50 is a hash value, the process of throwing dice is called hash collision, and the unit of mining computing power is how many hash collisions per second.

At present, the computing power of the entire Bitcoin network reaches 2.36 trillion hash collisions per second, which is equivalent to the number of water droplets in more than 200,000 standard swimming pools with a length of 50 meters. But even with such a large computing power, it takes about 10 minutes to collide with a hash value that meets the requirements.

Bitcoin had its first production halving in 2012. In July 2016, Bitcoin had its second production halving. The current reward for recording a page of the ledger is 12.5 bitcoins. The next halving will take place around 2020, and the total number of bitcoins will not increase by 2040, and the total number will be 21 million.

Related video: How long does it take to mine a Bitcoin

How long does it take to mine a Bitcoin

Bitcoin is a Peer-to-peer network and consensus initiative, open source, cryptocurrency with blockchain as the underlying technology. Under normal circumstances, an ordinary home computer can withstand up to 1000H/s of computing power, and according to Bitcoin’s 3 million hash collision data per second, if it is just an ordinary home computer, even if it is 24 hours of uninterrupted mining Mining, you can mine up to 0.0018 bitcoins in one day. It takes at least 556 days to mine a complete bitcoin. If you are unlucky in the middle, it may take more time.

Warm reminder: 1. The above content is for reference only and does not make any suggestions. Relevant products are issued and managed by the corresponding platform or company, and our bank is not responsible for product investment, redemption and risk management. 2. There are risks in entering the market, and investment should be cautious. Before you make any investment, you should ensure that you fully understand the investment nature of the product and the risks involved, and have a detailed understanding and caution.�After evaluating the product, you can decide whether to participate in the transaction.
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『柒』How long does it take to mine a bitcoin

From the current point of view, if it is an ordinary desktop computer, it will take about 30 years to dig out one

『渌』How long will it take to mine Bitcoin

1. It is expected to be completed in 2140, with a total of 24 million coins.

2. The concept of Bitcoin (BitCoin) was originally proposed by Satoshi Nakamoto in 2009, and the open source software designed and released according to the ideas of Satoshi Nakamoto and the P2P built on it The internet. Bitcoin is a P2P form of digital currency. Peer-to-peer transmission means a decentralized payment system.

How long does it take to mine a bitcoin for 『鎖』

For example, I designed a machine for mining, and I set its computing power to 50T. It is determined that it is 50T stable, without a ±5% beating of computing power. Today is April 22, 2021. The official data is that the machine can dig 0.00000744 coins by digging 1T uninterrupted a day. It is convenient for statistics in the later period. We will keep this data unchanged, according to the theoretical calculation. Then this mining machine I made can mine 0.00000744×50=0.000372 pieces a day. This means that it takes at least 2688 days for this mining machine to mine a bitcoin, which is equivalent to 7 years of mining. This is still a machine with large computing power. If it is a home computer, it is estimated that it will take hundreds of years. According to the above data, it takes 268.8 days to mine for 10 units, and 26.8 days to mine for 100 units.

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