Bitcoin is a virtual currency and an "electronic currency" consisting of a computer-generated string of complex codes consisting of a string of letters and numbers. The new Bitcoin is made by a preset program. It is generated by a large number of calculations based on a specific algorithm. Bitcoin uses many nodes throughout the P2P network economically. A distributed database composed of dots records all transactions and uses cryptographic design to ensure the security of all aspects of currency circulation.

The Bitcoin network generates new bitcoins by "digging". The so-called "digging" is essentially a computer-based solution to a complex mathematical problem that guarantees the consistency of the Bitcoin network's Distributed Accounting system. The Bitcoin network automatically adjusts the difficulty of the mathematical problem so that the entire network is qualified about every 10 minutes. Answer, and then the bitcoin network will generate a certain amount of bitcoin as a reward for the person who got the answer.

Bitcoins can be converted into currencies of most countries. You can use Bitcoin to buy virtual items, such as clothes, hats, equipment, etc. in online games, and you can also use Bitcoin to buy real-life items as long as someone accepts them.

Characteristic:

1. Bitcoin is the first distributed virtual currency. The whole network is composed of users without central bank. Decentralization is the guarantee of security and freedom of Bitcoin. It is impossible to manipulate the number of issues without the issuer. Its issuance and circulation is realized by open source P2P algorithm.

2. Bitcoin can be managed on any computer connected to the Internet. No matter where you are, anyone can dig up, buy, sell or receive Bitcoin without borders or across borders. Transnational remittances will go through layers of foreign exchange control institutions, and transaction records will be recorded on a number of occasions. But if you trade in Bitcoin, enter a digital address, click a mouse, wait for the P2P network to confirm the transaction, a lot of money will pass, without any regulatory agencies, will not leave any cross-border transaction records.

3. Bitcoin manipulation requires a private key, which can be stored in isolation on any storage medium, and no one can obtain it except the user himself. Bitcoin addresses and private keys appear in pairs. Their relationship is like bank card numbers and passwords. Each Bitcoin address is generated with a corresponding private key of that address. Generated. This private key can prove that you have ownership of bitcoins on that address.

4. no hidden costs, anonymity, tax exemption, no supervision, no cumbersome limits and formalities. Knowing the other party's Bitcoin address can be used to pay, and users can discover the computing power of different hardware on many platforms.

Bitcoin mining chassis, used to earn Bitcoin computers, with multiple graphics cards in a chassis, looking for good mining chassis suppliers need to specialize in the production of mining chassis manufacturers.