legendary trader

Chapter 903 904 Terrorist Computing Power

As for the distribution method of the interests of Bitcoin transactions, Chen Fan has not really thought about it, because he feels that it is too early to be discovered, and then decide how to distribute according to the situation.

It's just that they didn't expect that Second Brother Wang and the others had already discovered the clue.

It seemed that the second brother Wang's words were unintentional before, but after thinking about it, it may not be intentional.

We all know that they invested a lot. Although Zheng Xiaopang was selected from among the traders of Chaofan Investment to participate in the work of collecting chips, Chen Fan really couldn't believe that they didn't know about it before, or that they didn't check them.

"Little Fatty and I are also one and a half, and we don't have any relationship with Chaofan Investment Company, because you also know that the bitcoin market is so big now that it can't hold much money at all."

Chen Fan said frankly that although the number of Bitcoins seems to have appeared in the millions, the market value is still very low because of the currency price.

Second Brother Wang nodded slightly as he listened to Chen Fan's narration.

Why doesn't he know about this? The market value of Bitcoin is so small now. Just throwing any pocket money from them can blow up the price of the currency. This market is really too small.

However, Second Brother Wang is also aware of Chen Fan's past achievements, so in his opinion, the small Bitcoin market may become completely different after entering the raptor Chen Fan, so he does not Not willing to give up on this.

He also thought about collecting some bitcoins through the forums of the currency circle before, but he felt a pain when he saw the price of a few cents.

After tidying up his clothes, Second Brother Wang also sat up straight and said, "In this way, this market is really small, and we don't operate according to the previous model. Let's just say, we want [-]% of the share. As for how to divide it, we will look back." We ask other people to see who they are interested in, and then adjust within these two elements.”

When he said this, Second Brother Wang looked at Chen Fan and Zhang Jianjun from time to time. He could feel that Chen Fan and Zheng Xiaopang didn't seem to want them to come in, but he wasn't annoyed because the reason was really good and the market capacity was too small. .

Zhang Jianjun has nothing to do with this. Before he felt that the Bitcoin market was too small, there was no need to invest money in it. However, according to what Wang Erge said, this time the investment will be independent of the company and invested by individuals alone, which seems to be fine. Just treat it as a game.

However, despite the fact that Zheng Xiaopang and Chen Fan seem to have controlled the price of Bitcoin, he doesn't think there is much opportunity in this market, so the possibility of others willing to join in is very small.

Forget it, if there are not many people entering the arena by then, then I and Second Brother Wang will divide up the shares.

And Chen Fan was relieved. Fortunately, Second Brother Wang didn't have the lion to open his mouth to ask for more shares, and the two-component share was still within the range he could bear.

Seeing that the three of them had no objections, Second Brother Wang felt that it was about the same, and said with a smile: "Then you will count the money you invested, and Jianjun will also contact other people to see if they have participated in it." mean.

The scale of the investment this time is small, just like a game. I guess they may not have much interest, but I still have to talk about it. "

Zhang Jianjun nodded when he heard the words, "Let me ask later, but most people probably won't participate after seeing this project and the funds needed, ha ha."

"This is normal. The money we have already invested is enough to eat up the output on the market and in the next ten years. To be honest, when I settle the accounts in private, I am worried that I will not be able to recover the cost."

Zheng Xiaopang said suddenly from the side.

"How much you have invested, you are worried that you will not be able to recover the cost."

Zhang Jianjun glanced at Zheng Xiaopang, and asked with a little doubt.

"We invested in a mine."

When Zheng Xiaopang said this, he was worried that they would not understand what it was, and might think it was a mine, so he explained: "The mining process of Bitcoin is like mining coal in a coal mine, so the currency circle also asks us to mine it. The currency is absenteeism.

The mining factory we invest in is to purchase the most suitable computers. Hey, in fact, that is not even a computer, it can only mine coins, but it can maximize the efficiency of coin mining. The computer room, we call it a mine. factory. "

"Oh, control Bitcoin production from the source?"

Second Brother Wang asked casually.

"That's what it means."

Zheng Xiaopang said with a smile: "I didn't think before that they used computers to mine coins. Later, I found out that the efficiency of computer mining is very low, because the most important components in the computer are actually not involved in mining." In the process of making money, it is completely a waste.

These technicians specially assembled a kind of equipment specially suitable for mining coins according to the characteristics of bitcoin production. The price also increases the efficiency of mining coins several times.

We have selected the location of the mining factory two days ago, and we have entered the site today to start the installation, and we should be able to start digging coins next week. "

When Zheng Xiaopang said this, his face was slightly smug.

"How much did you spend on that batch of equipment?"

Zhang Jianjun frowned slightly, but then relaxed it, as if he didn't take it seriously for a while.

"The purchase fee plus labor is more than 100 million. It doesn't cost much to actually buy Bitcoin, which is a fraction of the investment in the mining factory."

Zheng Xiaopang replied immediately.

"Then count it together?"

Second Brother Wang looked at Chen Fan and said, as if asking for advice.

But Chen Fan knew in his heart that Second Brother Wang was actually following him, even though it seemed that this project could not make much money now.

"Okay, when the time comes, I'll ask someone to calculate these investments."

Chen Fan nodded and said, it's really hard to refuse, I've already said it, and I can't hide anything.

Even if he can't make any money in the end and loses money in the mining factory, Chen Fan won't feel bad about it. After all, it's only more than a million yuan. Come in and help share.

Considering that they only want [-]%, Chen Fan still has nothing to say.

"Your previous investment was probably more than one million yuan. In this way, even if I invest 200 million yuan in this project, our two achievements here are 40 yuan. In this way, the bitcoin in your hands has skyrocketed. I don’t know. How many times."

Second Brother Wang said cheerfully, "The bitcoins in your hands, if we also collect them when we enter the market, it will probably increase a lot, so it's better for you to operate together."

For the small amount of money invested in Bitcoin, Second Brother Wang really didn't want to get started.

After hearing about this thing last week, he also read the information carefully. Out of his keen sense of smell, although he can't see any profit from his mind, his intuition still tells him that he should save a little.

But after understanding the trading method, he gave up the idea, it was too troublesome.

Alright, now I leave it to Chen Fan and the others to operate, so I can rest assured.

"By the way, didn't you say that you have collected a lot of information? Give it to us together, don't waste it."

After talking about the distribution of benefits, the atmosphere in the room was completely relaxed at the moment. Chen Fan thought of Second Brother Wang and the others saying that they had collected a lot of information, so he thought about taking a look.

As soon as Chen Fan finished speaking, he saw Zhang Jianjun take out a document from his bag. It wasn't much, it seemed to be only a few pages.

After receiving the information, Chen Fan looked it over carefully. The things on it seemed very professional, at least much more comprehensive than what this half-assed Zheng Xiaopang told him.

At this time, Zheng Xiaopang also came over.

In the past, Chen Fan left the data collection to Zheng Xiaopang, but only after seeing this data did he realize that he had done something stupid.

The first is an estimate, that is, the number of bitcoins that have been released so far estimated by the person who wrote this information is about 398 million.

Of course, when Chen Fan saw this number, he knew very well that it must have exceeded 4 million now, because 10 bitcoins are produced every 50 minutes, and 7200 new bitcoins can be produced every day.

This report was released last week, and it only took three days to produce more than 4 million bitcoins.

However, there is a row of small characters at the bottom of the chart. According to the above calculation based on the generation time and issuance speed of bitcoins collected on the Internet, after 27 months, the number of bitcoins will exceed half of the total, that is, 1050 million At that time, the production rate of bitcoins will be halved, that is, from 10 bitcoins produced every 50 minutes to 25 bitcoins.

The following picture shows the changes in the number of active addresses analyzed based on block records. In fact, this is the number of Bitcoin players.

If the estimated value given by Zheng Xiaopang for the number of bitcoins released before is very close to the real data, then what we see now is quite different from what Zheng Xiaopang speculated.

Zheng Xiaopang once said that it is estimated that there are more than 10 players entering the currency circle around the world. Although the report did not give an accurate answer, according to the network addresses collected from some currency circle forums, according to the activity of different forums It is roughly estimated that the number of users should be between 1 and 2. Although not everyone will participate in the Bitcoin production process, they are at least paying attention.

This gap is a bit big, but this is not the main thing. There is also a data of active addresses on the information.

As of last week, the number of active addresses was 776, that is, there may be 776 people conducting frequent Bitcoin transactions, and the wallets they are used to using are completely recorded by the block.

Of course, it cannot be said that there are so many people trading bitcoin based on this active address alone, because there may be a situation where one person owns multiple addresses, which cannot be distinguished.

And continue to look down, it is about Bitcoin computing power, that is, hash rate.

Chen Fan knew about this because he had a meal with technician Xiao Chen last week, and the coin-mining machine they created was actually a machine that simply increases the speed of calculating the hash function. in spite of.

Same as above, there is an explanation below the icon. Obviously, the person who wrote the report knows that the bosses who read this thing probably don’t understand these things, so they try to briefly introduce the role of this data.

Computing power is a measure of the processing power of the Bitcoin network, that is, the speed at which a computer calculates the output of a hash function.

The Bitcoin network must perform intensive mathematical and cryptography-related operations for security purposes.

For example, when the network reaches a hash rate of 10Gh/s, it means it can perform 10 billion calculations per second.

The conversion table of the formula is also listed very clearly above: 1 H/S = one operation per second

1 KH/S = 1000 H/S = 1 thousand operations per second
1 MH/S = 1000 KH/S = 100 million operations per second
1 GH/S = 1000 MH/S = 10 billion operations per second
At present, the computing power data of the Bitcoin network is 470MH/S, which is 4.7 million operations per second, or 0.47GH/S. According to the changes in the computing power of the entire network, this data may reach 5GH/S after one year. That is a possible 10-fold increase.

This forecast is based on the analysis of the growth trend of computing power in the last 6 months, and it also refers to a data speculated by factors such as the increase in the number of users in the currency circle forum, the increase in active addresses, and so on.

Chen Fan didn't care much about the increase in computing power. What he paid more attention to was the growth rate of this analysis.

According to the analysis of this data, is it expected that the number of players entering the currency circle will increase by 10 times in the future?
Immediately, Chen Fan thought of the mining machine he had recently invested in. He vaguely remembered the data tested by Xiao Chen and the others. It seemed that the peak computing power of a single mining machine was around 18M, and the stable computing power was also 16M. Those computer mining players have purchased 1 such equipment, which is 16000M. It seems that they have directly entered the G era. What is the concept of 16G?
Chen Fan could foresee that [-]% of the bitcoins produced every day would flow into his hands.

Although Xie Kai also said that in order to purchase so many graphics cards, he almost scoured the imperial capital and the surrounding markets to barely get what Xiao Chen and the others needed. After all, the equipment they chose was irreplaceable and could only be theirs. specified model.

As for what they tested to have the strongest computing power, well, Chen Fan didn't pay attention to it, anyway, just do the best.

But soon, Chen Fan thought about the power consumption of so many devices, and it hurt a bit.

It's very simple, if those devices are fully turned on, what will happen.

In fact, after seeing the venue that day, they had already realized a serious problem, that is, the consumption of electricity bills.

So what about monopolizing the output of Bitcoin for a year? At the current price of Bitcoin, it seems that you can't even earn electricity bills, and you seem to be losing a lot of money.

The only way to break the situation is to increase the price of Bitcoin as soon as possible, and to increase the price of Bitcoin requires the establishment of an exchange as soon as possible. Only in this way can Chen Fan have the confidence to increase the price of Bitcoin.

However, he glanced at the icon at the end, which indicated that the trend line of Bitcoin computing power was rising rapidly, which also made Chen Fan feel a little relieved. With so many newcomers entering the pit, there is nothing to say.

About half of the 1 devices can be installed by the end of next week. Chen Fan wondered if he should let them run first and try the coin mining power of these devices.

(End of this chapter)