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wholesale gold jewelry for sale In order to protect the environment, Inner Mongolia is officially called a mining machine. Why does the mining function consume huge power?

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5 thoughts on “wholesale gold jewelry for sale In order to protect the environment, Inner Mongolia is officially called a mining machine. Why does the mining function consume huge power?”

  1. wholesale closeout jewelry items To say what is the highest return on investment, it must be Bitcoin in recent years, and the price of dozens of times the price of dozens of times has made many people feel excited and devoted to mining. However, it is well known that Bitcoin mining is not simple. It requires high -profile computers to work continuously, and the electricity costs consumed can also be imagined. Recently, Inner Mongolia requires to shut down all virtual currency mining projects by the end of April, and it is strictly forbidden to build new virtual currency mining projects. Recently, the Inner Mongolia Development and Reform Commission issued the "Several Guarantee Measures (Draft for Soliciting Opinions) to ensure the completion of the" Fourteenth Five -Year Plan "energy consumption dual control target task (draft for comments). quit.

    What is Bitcoin? I believe everyone has heard of Bitcoin. The concept of Bitcoin in 2008 was proposed by Satoshi Nakamoto. On January 3, 2009, Bitcoin was officially born. But when it first appeared, this virtual currency was not popular, but with the continuous "rolling", this virtual currency has reached unexpected value. According to relevant data, the price of Bitcoin has exceeded $ 51,000 r r
    Although Bitcoin is currently sitting in the position of digital currency king, its high energy consumption problem cannot be ignored. According to the Bitcoin power consumption index released by the relevant researchers of Cambridge University, the annual power consumption of Bitcoin mining is about 121.36 Taiwa time (TWH, 1 Taiwa is 1 billion kWh). If the 121.36 Taiwa time electricity is used to burn the electric kettle in the United Kingdom, it is enough to burn all the British for 27 years. According to research, only the annual power of digging Bitcoin can meet the energy needs of Cambridge University in 744.
    The "Ghost City" Ordos and Dalat flag north of Inner Mongolia Autonomous Region, due to the stable power of the developed thermal power output and the cold climate that facilitated heat dissipation Bitcoin mine occupies 4%of the computing power of the entire Bitcoin network alone at first. At that time, the annual electricity bill of the entire mine had reached an amazing 100 million yuan. 70%of Bitcoin's worldwide computing power is in China, while most of Inner Mongolia is sparsely smoke, rich in electricity resources, and cheap electricity prices has become one of the world's largest mine.
    The Inner Mongolia Development and Reform Commission proposed this time to fully shut down virtual currency mining projects, the main purpose is to control the capacity scale of the high energy consumption industry. At the same time, Inner Mongolia is mainly thermal power, and its high energy -consuming industrial pollution environment is not conducive to achieving the economic goals of ecological civilization and green development. It also contrary to the central energy consumption dual -control decision -making deployment.
    What is mining? Mining is a block in about 10 minutes in the world of blockchain. Many computers try to pack this block for submission. If you are the first person to successfully try this data, then you can get a reward of a virtual currency. This is mining.
    Why are virtual currency mining? In order to shorten the mining time of virtual currency, a large number of computer operations are needed. Investment in business must build large data centers mining. The power consumption of this data center is very large. There are tens of thousands of computers of a large data center, and hundreds of thousands of power consumption is over hundreds of millions. The current global virtual currency mining consumption is 130 billion kWh, exceeding the power consumption of more than 180 countries around the world.
    The area of ​​virtual currency mining is the rich area of ​​virtual currency mining
    The people in most parts of Inner Mongolia are scarce, rich in power resources, and many coal power plants. Therefore, it is a rich area for virtual currency mining.
    Chat relevant information shows that after the government agency conducted on -site inspections on more than 30 big data and cloud computing companies in the Inner Mongolia Autonomous Region, it was found that 21 of them were actually encrypted mines, so they issued a suspension notice. It is reported that this includes two subsidiaries of the Bitcoin mining giant in Inner Mongolia and a subsidiary of Yibang International.
    therefore, Inner Mongolia's virtual currency mining is listed as a clean -up and rectification object, it is reasonable.

  2. j beads jewelry wholesale The value of Bitcoin has been soaring, making the power consumed by mining is also increasing. Studies have shown that the average power consumption of global Bitcoin mining has far exceeded the power consumption of Ireland and most African countries.

  3. best diamond jewelry wholesale distributors in newyork This is because these mineral structures are relatively hard, and the time and strength that need to be invested in the excavation process is relatively large, so the consumption of the power is more serious.

  4. rushwear llc dba wholesale jewelry blanks The engine of the mining machine is particularly large, the power consumption rate is particularly high, and the work efficiency is particularly fast, so the power consumption is particularly large.

  5. gold and diamond jewelry wholesale This is because the excavation of these mineral resources requires a lot of labor and financial resources and material resources, and also requires a lot of professional equipment, so the consumption of electricity is also very large.

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