The Black Technology Era of Xueba

Chapter 336 Flash Crash

Bitcoin, a world-renowned virtual currency, is favored by many players and speculators because it can be directly exchanged with rice knives.

Additionally, Bitcoin is one of the few virtual electronic currencies accepted by consumers and common merchants for two main reasons.

One is that Bitcoin's algorithm determines its limited number, and the limited number determines its limited value. This setting refers to the traditional gold standard currency.

Moreover, the Bitcoin setter set that there are only 21 million coins in the world, and every time a certain number of coins appear, the algorithm will increase the difficulty, and the time to mine coins will be extended accordingly.

The other is that Bitcoin is the pioneer of the very fashionable blockchain technology, which determines the openness and transparency of its currency and its relatively stable value.

What is blockchain technology? This term has been very popular in recent years, and many MLMs add a blockchain term to it.

In fact, to put it simply, blockchain technology is a shared ledger. To give a simple example, if user A gives bitcoin to user B, then tens of thousands or even millions of users record the transaction at the same time, and at the same time confirm the transaction. efficient.

In this way, the bitcoins using blockchain technology will not be faked (you obtained bitcoins by cheating, but the other hundreds of millions of users around the world did not record this transaction, so your faked bitcoins are invalid), and there will be no counterfeit banknotes , so the value is relatively stable (Note: it is the value, not the price).

Both the economy and the Internet+ are promoting blockchain technology, which is conducive to the establishment of an honest, open, transparent and relatively straightforward financial and technological environment.

There is also a more vivid way to describe the regional chain. It is like Li Lei and Han Meimei established a love relationship in front of hundreds of millions of students across the country. Li Lei vowed to take care of Han Meimei for a lifetime.

This kind of scene forms a regional chain, because their love is witnessed by hundreds of millions of students, Li Lei should not cheat. If Li Lei cheats, hundreds of millions of people in the country will not be able to spare him, and Li Lei will also be detained as a scumbag. Hat, you will never be able to play friends in the future. This is the blockchain.

Closer to home, algorithms and rules determine that Bitcoin is difficult to mine, difficult to counterfeit, and very valuable.

A computer that mines Bitcoin not only requires a good chip and fast computing speed, but also requires a good graphics card to be able to undertake the mining work.

There were bitcoin players at the press conference, they said: I don't know about quantum computers, but according to the current speed of bitcoin mining, the Xeon chip and RTX8000 graphics card on the stage can dig one every ten days. That's great.

The audience is right,

If the income is calculated according to the progress of the algorithm, one server has ten central group computers, then the income generated by the Intel super server on the stage should be about 0.0007 bitcoins in one minute, and less than one bitcoin can be generated in a day.

The time of the press conference is limited, and it is impossible to open it indefinitely. The only thing that can be compared is the profit of the algorithm, and the time is suitable for ten minutes to two hours.

Xiao Ming once again asked the volunteers to check the bitcoin accounts of the two computers, and checked the records of the incoming and outgoing accounts, and determined that they would not cheat.

In fact, this kind of inspection is completely unnecessary, because Bitcoin itself has already determined that the game must be fair.

After the big screen countdown ends, the game begins.

Reporters have live coverage:

The competition has begun! This is much more exciting than LOL and King Pesticide!

It's not a game, it's a competition between technologies!

This is a competition between Xiaguo technology giant Pangu Technology and American technology giant Intel.

Netizens who watched the live broadcast in the live broadcast room were also excited.

I feel that Pangu Technology is very powerful. Such a small device dares to fight with the big man of Intel!

I suddenly thought of a picture. The netizen in the live broadcast room said with a bullet screen: The competition between the Shenchuan notebook in my hand and the world's first computer ENIAC.

Although the numbers and progress on the live broadcast screen are completely incomprehensible, I always feel very excited! This is the wrestling between technology and numbers!

Intel's servers were running frantically, and the audience under the stage could clearly hear the sound of the servers running.

The specific and complex algorithm codes in the process of mining coins have no meaning to the audience at the scene. Therefore, after background processing, the competition is directly transformed into a competition between precision bars.

On the big screen, one bitcoin is mined as the total progress, and the algorithm progress is measured as a percentage.

On Intel's side, the precision bar runs very slowly, and the screen shows 0.1%...0.2%. Five minutes have passed, and the progress bar is only 0.35%.

The audience now knows the difficulty of mining Bitcoin. If a server with an investment of nearly 10 million soft sister coins is used to mine coins, the income per day according to the current market price of Bitcoin is 7,000 meters.

The ideal payback time is more than one year. If you take into account the increase in labor, electricity costs and the difficulty of the Bitcoin algorithm, the payback time is 3 to 5 years, and re-evaluation

The volatility of the Bitcoin market price is definitely a risky business.

Ten minutes have passed, and Pangu's quantum computer still hasn't started working.

The audience at the scene and in front of the screen were not very calm.

What is Pangu Technology doing?

Is it a problem with the quantum computer chip or a field failure?

Xiao Ming gave up the game?

What a joke, how can you give up the game! You can see Xiao Ming's confident smile is not like giving up the game.

Of course, Xiao Ming will not give up the competition, but use a quantum computer to complete the algorithm in the binary era, which is a bit overkill.

Xiao Ming just gave the Intel super server a little more time to prevent the game from being too ugly.

Fifteen minutes later, the assistant clicked the mining button in Xiao Ming's try.

Then a scene that shocked the world appeared - the progress bar 100%, the progress bar 100%, the progress bar 100%, the progress bar 100%...

what does that mean?

It means that the quantum chip computer of Pangu Technology can mine a Bitcoin worth 70 million meters in less than a second.

The computational rules of binary computers are invalid for quantum computers!

In a short time, more than 200 bitcoins were mined. Quantum computers have no plans to stop, and there is a momentum that will not stop until all the bitcoins in the world are mined.

It's over, it's over, it's over!

It's over now!

It is not the representative of Intel who said this, but the speculators of Bitcoin.

Affected by the frenzied mining of Bitcoin at the press conference, the price of Bitcoin plummeted, breaking through 7,000 meters in one minute and 6,500 meters in 5 minutes. Such huge fluctuations have made many people lose their money.

The crash of Bitcoin affects the entire financial market of virtual currency, the global virtual currency system, and flash crash. Remember the website address, www. biquxu. Com, it is convenient to read next time, or you can enter this site by entering in Baidu.

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