What coins can I mine in 1660s (can I mine Bitcoin in 1660s)
What coins can be dug in 1660s? What coins can be dug in 1660s? How to invest at a fixed time? What is the node revenue like? There are currently 6 options available. First choice: Upgrade your mining machine to the latest generation Ant S19+first; The second option is to purchase mining equipment at a low price; The third option is to put some machines into use (such as BTC) at a low price within a fixed period of time, and then re mine new Bitcoin through high prices According to official data, the total network computing power in the first half of 2020 was 35.8EH/s, with an average output of 428000 blocks per hour, an increase of nearly twice since 2018. After entering the adjustment period in the second half of 2020, the overall correction was significant. Since August 30th, the computing power of the entire network has continued to decline, dropping to a minimum of 120.5Eh/s. However, as the halving approach and Bitcoin skyrocketed, the difficulty of the entire network has once again fluctuated around 20000G. Therefore, if a smooth transition cannot be achieved in the short term, we can continue to pay attention to the performance of mainstream currencies
Can Bitcoin be mined in 1660s
According to Bitcoin. com, according to the latest data from Blockchain. com, the average power cost of Bitcoin mining is currently 1660s. If calculated at this price, approximately 2 BTCs can be extracted; If calculated at present, it will take approximately 4 years Why do you say that? Because in the current economic environment, due to the characteristics of low electricity prices and high energy consumption, we cannot guarantee that all transactions in a block are processed through the network (such as two transactions per minute). Therefore, in order to solve these two problems, we set a technical parameter on June 1, 2019: conservatively estimate that there are about 2 million hashing operations per day to mine Bitcoin, and only 36000 to 40000 difficulty values will be added per time period to increase its energy consumption, that is, only between 2100 and 25000 Bitcoin blocks can be mined every month.
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