How is Bitcoin mined?
In fact, although Bitcoin is called Bitcoin, it is not a currency, nor a physical object, but a virtual number. Does this virtual number use the computer through the network? Mining? Come out, so for bitcoin, if you want to mine bitcoin, you need a lot of computers and turn them on for a long time? Calculation? Only in this way can bitcoin be slowly excavated. This is also the mining principle of Bitcoin. Bitcoin after mining is stored in our personal virtual wallet, which can be easily transferred and traded.
How does the value of Bitcoin grow?
In fact, the rise of Bitcoin was unexpected by many people, because no one would have thought that a virtual product without national boundaries could become the current economic value. Therefore, it may only be known by the pusher behind the rise of Bitcoin. However, with the transaction of bitcoin in the market, only 30,000 bitcoins can buy a cup of coffee, and now 1 bitcoin can sell for 30,000 dollars. This time only takes a few years, so bitcoin has been trading continuously.
Why is Bitcoin popular?
For Bitcoin, although it is a virtual product, its value has skyrocketed in a few years, and it has turned tens of thousands of times. Personally, the main reason is that Bitcoin is a borderless virtual currency. For this kind of virtual currency, to some extent, it is a good way for many people to transfer assets, and it is also a product of international consortium speculation. Therefore, Bitcoin has been hyped without any national supervision, which is why Bitcoin is so keen on trading.
Problem summary
For Bitcoin, we won't talk about the problem of being controlled by the consortium, but the principle of Bitcoin has been introduced above, so I suggest you not be too keen on Bitcoin, because virtual things are very subtle, and when you are keen on such products, the danger is not far from you, so I believe many people know something about Bitcoin, but these problems are worthless in the face of greed, so you don't understand the deeper principle of Bitcoin. The above are my personal views and thoughts for reference only.