made a fortune selling bitcoin mining machines

A. Who are the best Bitcoin mining machine manufacturers in China now?

ASICME, and Roast Cat, now it seems that ASICME is now the largest mining machine manufacturer in China, forget it What news did you read it from. The main products of Roast Cat are usb miners and blade miners, but the mining capacity is a bit low and the price is relatively high. Relatively speaking, asicme is more cost-effective. Hand beat, please accept.

B. Who is the best bitcoin mining machine

This is hard to say, the price of low energy consumption is relatively high, and the price of high energy consumption is low.

At present, the mainstream bitcoin mining machines on the market include Avalon mining machines, ant mining machines, and roasting cat mining machines.

Ant mining machines consume less energy but are expensive.

The price of Avalon III and Roast Cat III is relatively low, but the energy consumption is a little higher.

C. Is it illegal for a friend to be a bitcoin mining machine?

Legal analysis: The country has not issued any laws stating that bitcoin mining machines are illegal. Bitcoin miners are one of the ways to get bitcoins. Bitcoin (Bitcoin) is a network virtual currency generated by open source P2P software.

It is not issued by a specific currency institution, and is generated by a large number of calculations of a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network to confirm and record all transaction behaviors. The decentralized nature of P2P and the algorithm itself can ensure that the currency value cannot be artificially manipulated by mass-producing Bitcoin. Bitcoin mining is legal in China. In the Bitcoin Risk Notice jointly issued by the five ministries and commissions at the end of the year, Bitcoin is clearly defined as a special Internet commodity, and the public can freely buy and sell at their own risk. Governor Zhou Xiaochuan compared bitcoin to a tradable asset like postage stamps in an interview. Bitcoin Home has a full-text report of the notice. Mining is the process of consuming computing resources to process transactions, secure the network, and keep everyone in the network in sync. It can be understood as Bitcoin’s data center, the difference lies in its complete design, miners are operating, and no one can have control over the network. This process is called “mining” because it is similar to panning for gold, as it is also a temporary mechanism for issuing new bitcoins. Unlike panning for gold, however, bitcoin mining rewards services that ensure the safe operation of the payment network. After the last Bitcoin was issued, mining was still a must.

Legal basis: Article 266 of “Criminal Law of the People’s Republic of China” Whoever defrauds public or private property, if the amount is relatively large, shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance, and shall also or only be fined; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than three years but not more than 10 years and shall also be fined; if the amount is particularly huge or there are other particularly serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years or life imprisonment, and shall also be fined or confiscation of property. . If this Law provides otherwise, the provisions shall be followed.

D. Who are the producers of Bitcoin mining machines that are doing better now?

ASIC card ME \ test cat, and whale shark mining machine, they are not bad Yes, it mainly depends on the power of calculation, the others are not too different How about the mining result of buying a professional mining machine with Coin”

There is no result.
If you are really interested in bitcoin, you can go to the bicbank platform to trade bitcoin binary options.

F. How much does a Chinese startup make by selling bitcoin “mining machines”

Although the price of bitcoin suffered a slump before the Spring Festival, there are still people who are concerned about the “mining machine”. Mine” has an obsession. Therefore, mining equipment has become a hot commodity, and some people have made a fortune because of it.

Analysts from the well-known US investment bank Bernstein (Bernstein) estimate that in 2017, a Chinese startup called Bitmain may have an operating profit of 3 billion US dollars (about 190 yuan). 100 million) to 4 billion US dollars (about 25.3 billion yuan), which is comparable to the chip giant Nvidia.

However, it took only 4 years for Bitmain to achieve such a high profit in one year, and 24 years for Nvidia.

Bitmain’s operating profit may exceed $3 billion

Based on conservative estimates of 75% gross profit margin and 65% operating profit margin, Bitmain’s operating profit in 2017 was 30% $100 million to $4 billion, while Nvidia’s operating profit was $3 billion in the same period.

Bitmain achieved this goal in just four years, compared with 24 years for Nvidia, Bernstein analysts said in a report released Wednesday.

Bernstein’s report shows that Bitmain currently sells Antminer bitcoin mining equipment worth hundreds to thousands of dollars each. In addition, the company operates “mining pools” that allow participants to collaborate on Bitcoin mining to reduce costs. Burns�It is estimated that Bitmain has a 70%~80% market share in Bitcoin miners and Asics companies.

According to the daily economic news, the ETHASH algorithm currently used in Ethereum is based on the needs of graphics chips, which is suitable for PC mining, but mining machines are not good at it. The market expects that the new mining machine that Bitmain will launch has low energy consumption and high efficiency. A professional mining machine can be equivalent to several 8 graphics card mining machines. After the official launch, it is bound to impact the original PC with graphics chips. mining market. At that time, the skyrocketing chip price due to “mining” is also expected to return to rationality.

RBC Capital analyst Mitch Steves believes that the price of ether has skyrocketed, from $10 in early 2017 to $1,000 today, and the possibility of a dedicated mining chip is much higher than it was a year ago. Steves also pointed out that if Bitmain does sell chips dedicated to ether, the mining efficiency will be far better than graphics chips, which will steal business from Nvidia and AMD.

And the daily economic news query Nvidia’s fourth-quarter 2017 financial report announced in early February found that the company’s fourth-quarter data center operating income including graphics processing unit (ie GPU, graphics card) sales At $606 million, it is Nvidia’s second-largest source of revenue. The chief financial officer of NVIDIA also mentioned that in terms of the overall demand for NVIDIA products, the contribution of the digital currency market is difficult to quantify, but it is believed that the percentage contribution in the fourth quarter is higher than the previous quarter.

G. Which bitcoin mining machine is best for sale

Now the Avalon 200g is relatively stable and in stock, and many others are concept machines. It may be bought through Taobao. Taobao is all futures, and there are unlimited bounces. If you want to dig it yourself, it is best to collect others’ spot at a high price. Otherwise, Taobao will only confirm the receipt of the goods before the reservation is successful, and the real delivery date is difficult to say.

H. What is “Bitcoin Mining Machine” and how does it make money

1. A Bitcoin mining machine is a hardware device used for Bitcoin mining.

2. Bitcoin mining is simply to use your Bitcoin mining hardware equipment to calculate mathematical problems, ensure network transactions, and ensure the security of the entire Bitcoin network system. In return you can get a certain Bitcoin reward. Bitcoin in the mining house is a property in itself, which can be exchanged for RMB through the Bitcoin trading platform.

I. How is the current mining market?

From the bear market a few days ago, the currency price has finally stabilized in the past few days, and the speculators can finally Breathe easy!

As the saying goes, the bull market sells coins and the bear market mines, but the real bull market is expected to come a bit slower!

Now, only mining can relieve the mood, salmon miners, mining anytime, anywhere, learn about the artifact of beginner mining!

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