Bitaxe and other lottery mining machines, the estimated time to mine a block of BTC is about 50,000 years 😂
However, there are still a large number of people buying, and there are quite a few Americans and Europeans. Everyone hopes to be that lucky one in hundreds of millions
However, the success probability is somewhat higher than our lottery, at least it is fair. Previously, news reports speculated that the results of our lottery may be predetermined
Gold cannot be compared to BTC; the total market volume of gold will continuously increase. If a gold mine is discovered, the total volume will suddenly increase.
Using school electricity for mining seems to be quite common on the mainland.
An employee at a high school in Massachusetts was found secretly mining Bitcoin in a cramped space in the school's basement, using the school's electricity. The police discovered a refrigerated container filled with computers and estimated that before the power was cut, they consumed electricity worth approximately $17,500.
Jensen Huang stated: "Essentially, Bitcoin mining is converting excess energy into a new form of storage, which is referred to as currency. You can take this currency anywhere. So you took energy from one place, and now you've transferred it to anywhere."
It feels a bit fake; Xiaomi probably doesn't have that much courage, but you never know. Recently, Xiaomi has done quite a few confusing things, not just one or two.
Mr. Lei's outrageous marketing without common sense is not the first time. Previously, there was an instant stop at 120 kilometers, and now there is an astonishing 2054 horsepower.
What is most surprising is that with such a significant common sense error, their team actually did not remind anyone or have a review process.
It feels like a dictatorial king making an incredibly foolish decision, and none of the officials below pointed out the problem, with no review or validation process. In the end, it was successfully published nationwide.
Perhaps they want to create buzz through such exaggerated marketing, but it undermines the brand's trustworthiness.
As the BTC hash rate income falls to about 35 dollars per hour per day, while the total cost is about 44 dollars, Bitcoin miners are shutting down their mining machines.
Is it more cost-effective to buy Bitcoin directly than to mine it?
Before the Federal Reserve's balance sheet is released, BlackRock spent $15 million to purchase 16,930 Ethereum (worth over $55 million) and 1,533 Bitcoin (worth $15 million)!
The Bitcoin miner supported by the Trump family, American Bitcoin Company, has increased its holdings by 363 Bitcoins, now holding a total of 4,367 Bitcoins.
This is a map of the Bitcoin public network. Each point represents a computer (node) that holds a complete copy of the blockchain and validates transactions.