In January 3, 2009, the first bitcoin algorithm client program in human history was on-line. The inventor of bitcoin, Ben Cong, first got 50 bitcoins. In January 2013, the Avalon, developed by the founder of the founder of jiaxan, Zhang Nangeng, was officially released. The sale of the first commercial ASIC mining machine in history has made the bitcoin mining circle into the nuclear weapon era. In December 2013, the price of the first bitcoin Mint fell to 2000 yuan for the first time. Dozens of miner manufacturers collapsed because of the gold chain fracture. The fluke of the fluke of the bitcoin was stable in the bear market and became the first in the industry. During the 1~12 month of 2017, the volume of mining machinery in the major electronic markets of Huaqiang North reached a historical peak. According to the people of Huaqiang group, the indirect income of the property companies in China in 2017 was more than 1 billion 500 million yuan. In December 18, 2017, the real time price of bitcoin reached a peak of $19442.1 in real time. In January 1st the next year, the real time price of the ether Fang reached the peak of $1412.12 in real time. Then, the global VVD fell sharply exponentially in two months, falling to the lowest point of $6849.42 in February 7th (the market value was reduced by more than $200 billion), and the collapse of the currency price directly led to the price dive of the mining machine, which was tied to its existence, and weighed more than ten electronic markets in the north. Tens of thousands of dealers were locked up. In January 2, 2018, the office of the peoples Bank of China, the leading group office of the special regulation of Internet financial risk, issued a regulation document on the mining enterprises, which directly triggered a large-scale panic in the mine. In April 6, 2018, bit continent released the nuclear weapon class ASIC ether mill machine of the hanging graphics card mining machine, which fell to the lowest point in the past 1 years to the lowest point of the same day: 368.23 dollars (the market value reduced more than $93 billion), the industrial stage of the ether mill excavation was coming, and the last time to exploit the nuclear weapon of the bitcoin Avalon It was only in the past for less than 5 years. On the 20 day, the market value of $200 billion in bitcoin quietly evaporated, with a multitude of virtual currency index levels, including the ether workshop. For saute people, bitcoin miners and retail traders, the most tragic virtual coin mine disaster in history had happened before the new year in 2018. A special regulation document on mine excavation was issued by the official in January 2nd But for the past December 2017 bitcoin price, a disaster that fell from a high of $19442.1 to $6849.42, Im afraid many people do not want to check it, because the Chinese mainland still needs scientific Internet to get the latest currency prices, so the disaster is like a real mine. A man-made disaster, but no one knows who should be responsible for it. In the face of the catastrophic disaster of hundreds of billions of dollars in market value evaporation, the investors may be able to endure the pain of cutting the meat, and the owners of the mines can be sold or transferred to the sea at low prices under the pressure of electricity, but the danger that the dealers in Shenzhen Huaqiang North will face today is that their own inventories will become a pile of articles at any time. The value of the electronic waste. On the other hand, the three largest mining machine makers made a full bowl in 2017, and in 2018 it was more news: bit mainland conservatively estimated the annual profit of more than $3 billion in 2017, and hundreds of millions of technology began to invest in Russia in April this year, and just started to go to Hong Kong IPO. The song and dance of the victims, when the dead body is not cold, is the great disrespect to the dead, and the survivors deviations. It is the spirit of the block chain that the miner manufacturers understand is the mercenary that does not have to bear any social responsibility, or the burp of the three big miner manufacturers who have satiate the human blood steamed bread. Who should be responsible for the mine disaster and who is in the face of supervision? Who is going to deviate or misinterpret the spirit of the block chain? There may be an answer, perhaps only clues, but at least we can be sure that the world is indeed a hunter who is at the highest point of the food chain as a hunter. In reality, abnormal murderers are usually quiet, never publicized, and some are even pleasing at first. 1. North China Survey Huaqiang North is located in the central section of Futian District, Shenzhen, north to Hongli Road, South to Shennan Middle Road, West to Hua Fu Road, east to South Yan Road. The area of Huaqiang North is actually owned by the property control of the listed company Hua Qiang industry, which is the sample case of state reform at the beginning of the reform and opening up in Shenzhen, while in the south of China, the property and commercial real estate dominated by the SOE group are dominated by the state-owned enterprises. As the largest electronic market in China and in the world, Hua Qiang Bei is also the famous Chao Shantou gang in Chinese business world. Even Ma Huateng has publicly expressed that he had been engaged in the 50 piece assembly computer business before participating in the work of Hua Qiang north. In general, the businessmen of the Chinese Chaoshan system can be divided into two categories: the first is the representative of the big businessmen in Chaozhou and Shantou, such as Tencent Ma Huateng, Gome Wong Kwong Yu, baoseng group Yao Zhenghua and so on; the other is the small student represented by Huaqiang North. No big factories without Foxconn, without the full link of industrialization, can only maintain a balance under the chaotic market order. The ghosts say that in our SEG that we can gather all the parts of the iPhone is actually wrong. It should be in any store in Huaqiang North to get all the parts of the iPhone, because the tactics of the Chaoshan gang are to carry the goods to each other and make money together. Avin is a Chaoshan owner from SEG square, who has experienced a dozen years of wind and rain in Huaqiang North. Most of the Chaoshan Gang is smart, United, and engaged in low risk. This is especially shown in the following: when a family here makes money because of high Maori, thousands of families will follow up hand in hand. Avin, for example, is an example of the fingertip gyro that swept the market in 2016, the 2017 miner, and the earphones that have been made since the beginning of this year are the witness of the Chaoshan gang. So there is no so-called big goods, and some are only scattered day after day, in Hua Qiang north about 11 points before and after a day to start the busy day, it was like my brother told me yesterday that he can get 1000 iPhone from the customs, but finally I did not dare to make the same truth. However, just yesterday, the Chaoshan Gang, known as the Eastern Jews, was planted before the bitcoin mining disaster. Our market has been opened later than the other markets in China. Of course, there are many merchants who are not coming over every year. But last year, the distributor of miners was obviously hesitated by the money price and the news of the new models. Our SEG now has several layers of mining machines in the 1-10 layer. Almost all of them are empty now, and businesses will not tell you whether or not the mine business is good, because people who want to go usually vote with their feet. The price volatility of the hardware market is actually a normal market rule, and the cause of the volatility is no more than the equipments key components: for example, in the summer of 2011, a major flood in Thailand, which created Seagate and Western data at the same time, caused Hua Qiangbei to stop the countrys hard disk price rise by 100% or even more. High. But todays situation is that the price of the bitcoin mining machine is falling down directly with the price of the coin, even the fixed cost of the hardware component itself can not restrain the fluctuation, and there may be only one possibility behind the dealer of the miners price dive crater killing retail dealer - this is the result of human manipulation. So why do you say that this is the result of human manipulation? So far, bitcoin is not recognized by any one of the United Nations five countries, and its value can only be realized through an exchange. In the case of it is not the currency of circulation, the only object directly related to reality is the only mine. The ASIC professional mine machine is different from the GPUCPU mine, and its binding relationship with bitcoin is more clear. The research and development of bitcoin ASIC professional mining machine is made by the mining machine manufacturers to reinstall the products of the upstream hardware manufacturers such as the products of the Nvidia Corp. There are only three domestic miner manufacturers with this strength: bit continent, jiaxan, and hundreds of millions of science and technology, so the difficulty of achieving a tacit understanding between the three families is far more than the others. The industry is simple. When the technological revolution occurred, the upstream hardware manufacturers launched a new generation of products to the mining machine manufacturers to develop the product to the market, which was completely controlled by the miner manufacturers. Especially for the ASIC mining machine, the old model became one night when the technical revolutionaries had been upgraded hundreds of times. When scrap iron - the electricity price is the same, the old machine that has a bad generation can not even get back the rising electricity in the big environment of the general calculation. Besides, this kind of mining machine cant do anything except digging. As for when such a revolutionary upheaval will happen, it is completely said by the manufacturer. The three major miners control the global power, and all of them have huge mines. As the size of the mine is greatly expanded and the marginal cost is further reduced, and with a large amount of bitcoin, they have become a dealer in the trend of the currency price, like the development of aero rocket technology. In doing scientific experiments, we can also use the rocket as an intercontinental ballistic missile as a platform for projecting nuclear weapons. This is the same reason. The sales of mining machines have long followed the manufacturers strict futures trading mode, while the spot market is basically in the hands of large dealers who have been working closely with the manufacturers in addition to two mobile phones and some small dealers. According to the owner of the multi - mining machine dealer in Huaqiang North, the large dealers in the upper reaches of the upstream are actually the source of the goods of the Huaqiang North, in addition to the first source of the first hand information that is directly connected with the manufacturers, but also the owner of a large number of large mines in China. Related communication activities. Lao Bao, the former Huaqiang group executive, engaged in the electronic industry for many years, he thinks that since the last 8 years, all kinds of e-commerce platforms have knocked off the asymmetric information of the offline market, and the problems of the domestic electronic industry are also being shuffled by the strong brands. Huaqiang North has been disintegrated by big brands of mobile phones, notebooks and tablets that have been produced by export sales, leading to the transformation of toC business, and the smaller the volume of new products such as smart wear, UAV, headphone box and so on. The primary problem is the large decline in the demand for electronic components. The de - intermediation of the type factory makes this kind of toB business encounter difficulties, and the rent income of the market has fallen sharply. At this time, the demand for electronic components is great, and the toB business is the main one, and the market price is directly linked to the currency price, which is the opportunity that the Huaqiang North market is expecting for a long time. In private, we say that Hua Qiang north has never been able to do business on the table. On the one hand, the state has a supervision over mining, but it does not say that it is not allowed to sell ore machines. On the other hand, Jingdong and Taobao are not allowed to sell ore machines, but there are not only various channels to precipitate the spot, but also the common understanding. Products to open the market rent shrinking market parties, it is difficult to hear that the whoring guests encounter prostitutes, Hua Qiangbei itself is pulling the pimps, but certainly a point: the market is not a vested interest. The offline entity market is different from the ecommerce, and the production tool of the e-commerce platform is the Internet, so the marginal cost is almost 0. The average price of every square meter in the market has already surpassed the house price in Shenzhen. Therefore, in the market environment, it is necessary to push the port to complete the advance period, gradually profit by selling high Maori products, and the geographical position relationship of Huaqiang North, and the gene of Chaoshan Gang decides that their buying and selling must be only a kind of speculative behavior, but not a kind of speculation. Its a long investment. Since the market has been excluded, who should be responsible for the mine accidents? At least one thing is certain that the mine machinery manufacturer, a vested interest party, is to blame. 2. Chinese expeditionary army from the mining circle According to the spirit of the documents issued by the central ministries and commissions, the core does not put forward a specific standard of execution or a thorough solution. After all, the state will not set up a KPI, but it is a word that the information obtained after the contact between the old ray and the law enforcement departments and leaders from all over the country is a word: you cant make it too much. Points, too exaggerated, I want to give leaders an account. Lao Lei gives an example of an industrial park. If only three of the four industrial buildings are engaged in mining, the regulatory authorities will certainly do it. If it is the case of 100 plants, the proportion of 3% will not be so obvious. In the case of trade-off between revenue and cost, when the not prominent thing, the mine operation mode is very Chinese characteristic. The construction of a mine in a certain area in Western China However, in contrast, the self - owned mineral pool of the mining machine manufacturers is actually the opposite of the Olympic spirit development route: faster, higher, and stronger in Xinjiang, Inner Mongolia, Yunnan and other remote areas to expand rapidly. The ore pool under the bit continent is distributed in five places in Inner Mongolia, Xinjiang, Sichuan, Yunnan and Fujian, of which the Xinjiang Shihezi cloud computing center, completed by the end of 2016, uses abundant wind and solar energy to reach a scale of 140 thousand kilowatts, but the number of installed and investment scale is officially undisclosed. Zhu Si code for the reader to do this arithmetic problem: according to the latest model of the current bit continent - ant S914T mine (1350W+ machine self loss 10%), line power loss 5%, 140000KW installed capacity of about 90 thousand units, contrast installed size 40 thousand, investment 1 billion 200 million yuan in Inner Mongolia Chuang Yun computing big data Industrial Park The mining site roughly estimated that its investment should be at least 2 billion 700 million RMB yuan. This scale can not be described with exaggeration, of course, since the bit continent has always been in control of the global 40~50% force, the 80% mining machine market has maintained a non - deniable attitude. It is horrifying that the mineral pool in Shihezi is a relatively new one in the many ore pools in the bit continent. The situation of the 4 mainland mines in China, which is arranged by external public data. Similarly, in the face of tightened regulation, why are the three major mining companies themselves without actual sea going operations? 1. to the value of the local. The production hardware of the mining machine manufacturer is bound to pay taxes as Kong Jianping said, followed by the value-added tax that is formed by wholesale dealers. Again, it is the investment and construction plant in Xinjiang, Inner Mongolia, Yunnan, Sichuan and other areas, and the local employment relations, the rental of the factory and so on. Under the same circumstances, small and medium-sized mine owners obviously do not have such capability. At the same time, the industrial structure of the remote areas is single, and the rich background of electric energy resources also requires the electric tiger like a miner to convert into other output. Even in Inner Mongolia, local institutions have already made power into a form of financial products to face small and medium investors. 2. electricity price consideration. Cheap electricity is the most important cost consideration for all mined Mint mining, of which the early Sichuan Yunnan, Sichuan and other areas are the place where the early bitcoin field is gathered, and even today we can still find several cloud computing centers or big data industrial parks around some hydroelectric stations. However, the hydroelectric power station is divided into seasons according to the seasons: spring, summer, water, autumn and winter. Zhu Si code remember this account: at present, the low water price of the southwest region is about 0.45 to 0.46 yuan, and the high water price is between 0.36 and 0.38 yuan, but the problem is that the ore pool must maintain the operation mode of 365DX24H, so the average price of the year is up to about 0.4 yuan. But in Xinjiang and Inner Mongolia of large mines, the price of industrial electricity can be kept 0.3 yuan for the whole year, while old thunder gave Zhu Si the electricity price of the Silicon Valley area of the United States of California, although it was about 2~3 cents (RMB 0.13 to 0.19 yuan), but the cost of the voltage transformer system and the local construction cost were actually combined with the low voltage and high pressure. The price gap between Xinjiang and Inner Mongolia is not very big after the high cost allocation in North America, but the price gap between Xinjiang and Inner Mongolia is small. Force company directly into the stock. 3. out of the sea is just a shot. Whether North America, Iceland, Sweden or Russia, the natural industrial cooling advantages of these high latitudes and low electricity prices are the focus of covetous. But the core of the overseas layout is based on the currency price collapse, the big background of the bear market, and the news that the mining field is cut off by the supervision department will attract so many people to pay attention to the fine operation and the cost consideration. Moreover, under the background of the Sino US trade war, the foreign political and economic environment is full of uncertainty and big mine. Im afraid its not so easy to go to sea. On the other hand, Zhu Si, who contacted the mine owner from Xinjiang, Inner Mongolia and other places, found that at least 24~36 months were needed in the current cycle of a large domestic mine, and the price of the currency was at least half in the bull market. The graph uses the level of public opinion to pressure the superstructure. In the same way, according to the multiparty, the mobile mining site in bit continent is actually a product of high cost to improve the construction efficiency of the mine. It is very similar to the hardcover repair in the commodity house, and it is self-evident why the bit continent is to launch the product in a tightly regulated node. The supervision of the mine is very interesting. If the real country is going to kill the mine, if you pull out the bill of electricity in Chinas power grid tomorrow, the one that has the same stability in every month is the owner of the mine. The core is that the government has seen a lot of the chaining and ICO scams at present, since it is not clear. What is what, then simply cut a knife first, and then in dividing the number of good how many bad, but as long as the block chain technology is not completely rejected, then the ground base miners still have the value of existence, only industrialization and scale is the trend of the times. The so-called industrialization and scale, in the future, in the future of the mining circle, no matter the supervision department, the large mine owners, the price of the electricity price, the mining machine manufacturers will not allow the small miners to have the shelter of the small miners, but in history, every time in the history of the surge is an opportunity to concentrate the force, and the spirit of centralization is actually completed. The centralization of computing power is the only way for those capable of actually controlling these calculations. There is no problem in the statement that the mining machine manufacturers pay more taxes for socialism from the books, but behind the astonishing power of the manufacturer is to invest a large amount of power resources to dig a huge amount of bitcoin, and then buy and sell through the exchange earlier than not in the business category, but to the investment vice. But it is not clear that the status of the virtual currency is not clear at the moment, for this type of investment outside the regulatory scope of the blank area, and how many bits of money the enterprise holds, how much of the value of its market capitalization, how much of the total capital of the company, and how much profit is the profit of the companys mining machine, none of these You know. In the period of the Japanese bubble economy, Yakult club is the famous dairy companys parent company of yeld. In the late 80s, it made the financial sideline 3.7 times that of its own profit through the trust transaction, and its trust fund expanded from 1 billion 916 million yen in 1984 to 34 times in 36 months, reaching 65 billion 100 million yen. 30% of the total capital, with the disillusionment of the Japanese bubble economy and the subsequent involvement of the Cresvale securities fraud, led to the sale of financial assets in 1998, completely from the financial front, and the total loss of up to 105 billion 700 million yen. The representative of radical investors in the bubble economy era Perhaps it is because there is a single profit point in the main business, and the high risk investment behavior in the blank area outside the main business makes it still unseen to see a successful listing of a pure block chain in China or abroad (the billion state shares have been suspended in March 22, 2018), which can be positive solutions. Reading as a hope of the SFC can also be interpreted as a concern. The spirit of the 3. block is not lawless In April 6, 2018, bit continent released an ASIC professional mining machine for the ether, F3, which directly triggered a dive at the ETH price of the day, and caused a boycott of the revision algorithm of the community, even to the founder, V, who had to open its attitude. Everyone knows that once the ASIC mining machine is put into sale, it means the end of the era of the traditional graphics card mining machine, and the miners in the ether money have to take the risk of buying the ASIC mining machine - this type of mine is the cause of the former Huaqiang North Mine. When the ether interview entered the ASIC era, it was speculated that bit China would gradually monopolize the power of Ethernet access by using the way of controlling bitcoin today. From the miner wavelet in Hangzhou, in 2016, the pit began to dig the bitcoin. In early 2017, the miner began to replace the ASIC mine with the ZEC, the Monroe coin and the ether. But this time, the sudden attack by F3 on the mainland of mainland China still caught him off guard. Last year, when Jingdong sold the video card in September, the price of GTX1060 was 1500 yuan, 1700 yuan at the end of November, and 2500 yuan in January 2018. Then the Jingdongs card began to break up, and the core of the Jingdong was to buy a video card. At that time, the price of ZEC rose from 1000~1400 yuan to 2000 yuan in November, which turned into 70 in January. 00 yuan, that is almost the rhythm of who gets the money, but it is interesting that a lot of players who eat chicken at that time have started scolding us about the miners, because playing games must have a video card. However, the situation needs to be more complicated now, especially when the ASIC ether visits the mining machine. A large number of second-hand video card miners on the hand of the wavelet need to repurchase the new ASIC mining machine to maintain the income. Otherwise, the input and output ratio of the wavelet of urban civil electricity will be selected under the background of the reconcentration of the calculation force. Significant changes, of course, this time the shuffling will have a strong impact on the card market, and will have to wait for the F3 mining machine to make a glimpse of it, because the night before dawn is always the darkest. The reason that I did not continue to do the hardware is here, because the technological innovation is too fast, especially a Chinese company that faces foreign technology research and development strength. Without technical barriers, we can only choose to follow it. As a result, the pressure of the three largest mining machine makers in China is still very large, so it is also the only way to squeeze more profits as far as possible to avoid the potential risks, because it wont go to the Low. The old bag of Huaqiang North thinks that the cause of the accident is not the monopoly power, the price of the coin, the miners machine manufacturer, but a large number of people who are blindly entering the mine - the coin circle may have been yellow when the Chinese big mother is involved in the block chain technology forum that only the top technology is able to understand. Originally a very good mine, in accordance with the scientific method of mining, the difficulty of rising, calculation of strength, every 4 years to halve, 21 million to 2140 to complete the mining, the results came to a group of small coal miners, crazy procurement of mining machines, mining machine prices rose, and then the price of miners fell, miner dealers were locked, turned into mine. No, who do you say this is? Seeing the craziness of the Huaqiang North bitcoin mining machine, it has gone through the rest of the day. It has experienced a big backwardness of the card in the market or a card in the market, and the next round of the next round of the next round of the Chaozhou Shantou Gang, where the next round of ASIC ether visits the mining machine. Whether someone has deviated from Mr. Nakamoto Sos award of bitcoin as an incentive to motivate miners, using various means to turn it into a futures, or digital gold, that can make a profit, and equate the block chain technology. When the currency price falls, the most frightening consequences will be the peoples loss of confidence in the technology that has not yet been popularized, and the loss of the technology should be due and respectful - eventually the block chain and the deception are painted on the same sign as the bookkeeping. Like today, the Chaoshan gang in Huaqiang North absolutely does not collect coins, only the paper money is a truth: they think your coin 100% is false, because the previous counterfeit coins have harmed the older generation, the result is that the circulation of coins in the South China area is almost 0, the counterfeit currency and the real money are as false. If we go back to the mining of this thing to sum up the spirit of the block chain, it is on the surface that the liberalist economists advocate what we pay for what we can get. At first everyone could use a computer to dig the mine, and who could benefit more, but the innovation of the mining technology broke the valuable balance, because it was bound to be linked to the resources of a few people, including political, economic and social resources. Only this series of resources goes to a highly centralization process that a few people do not want to mention: in this world of social Darwinism, the stronger the more resources are, the weaker the weaker must be dried up, and the strong and weak standard is made by the strong, or will be any commercial political form in the history of the world. The state of change is the fastest and the most barbarous one. Early bitcoin has the characteristics of anonymity so that we can be used to meet the needs of some non desktop transactions, but the follow-up becomes the antisocial of trafficking, smuggling of guns, and drug trading. The accomplices of anti human activities are actually a tragedy caused by technology out of control - Zhu Sis sorrow of bitcoin mine. The drama is no less than a driverless car accident. The robot with artificial intelligence violates the three principles and is against the human race. The significance of technology is not to do evil, nor to seek private interests for a few. Technology can change human nature, and the technology itself may be human nature. We can try to use technology to excavate human nature, but we hope never to test human nature with technology. The great proletarian revolutionary mentor, Marx, told us: the fact that human origin is automatic determines that human beings may never be able to get rid of the innate beastly. Zhu Sima (ID:zhusimaji88) focuses on analyzing the retail business of e-commerce, reading characters and re reading industry events. The source of this article: Zhu Si code responsible editor: Bai Xin _NT4464 Early bitcoin has the characteristics of anonymity so that we can be used to meet the needs of some non desktop transactions, but the follow-up becomes the antisocial of trafficking, smuggling of guns, and drug trading. The accomplices of anti human activities are actually a tragedy caused by technology out of control - Zhu Sis sorrow of bitcoin mine. The drama is no less than a driverless car accident. The robot with artificial intelligence violates the three principles and is against the human race. The significance of technology is not to do evil, nor to seek private interests for a few. Technology can change human nature, and the technology itself may be human nature. We can try to use technology to excavate human nature, but we hope never to test human nature with technology. The great proletarian revolutionary mentor, Marx, told us: the fact that human origin is automatic determines that human beings may never be able to get rid of the innate beastly. Zhu Sima (ID:zhusimaji88) focuses on analyzing the retail business of e-commerce, reading characters and re reading industry events.