It is the dream of many people to become rich by relying on bitcoin. Every year, some people join the mining army of bitcoin, hoping to realize their wealth dream in this industry. However, according to the latest news of bitcoin, the national development and Reform Commission recently issued a notice that bitcoin mining will be included in the list of eliminated industries.
How about the future of bitcoin? Will bitcoin be included in the elimination industry
The national development and Reform Commission (NDRC) recently released the guidance catalogue for industrial structure adjustment (2019 version, draft for comments) (hereinafter referred to as the 'draft') to solicit public opinions. The national development and Reform Commission (NDRC) mentioned in the relevant announcement that the draft is a revised version of the guidance catalogue for industrial structure adjustment (2011 Edition) (Amendment). The draft consists of three categories: encouragement, restriction and elimination.
The elimination category mainly refers to the backward process, technology, equipment and products that do not conform to the relevant laws and regulations, do not have the conditions for safe production, seriously waste resources, pollute the environment and need to be eliminated. Virtual currency 'mining' activities (the production process of bitcoin and other virtual currencies), tourism activities exceeding the ecological carrying capacity and forestry products collection industries such as medicinal materials are included.
How about the future of bitcoin? Will bitcoin be included in the elimination industry
By using highly specialized hardware facilities to run computing programs, users get bitcoin as a reward. This process is called 'mining', and 'miner' is the user who participates in bitcoin computing. At present, small & lsquo; mines are already very difficult. Now, most of them are big & lsquo; mines. A miner told the daily economic news. If the relevant national policies explicitly prohibit it again, some 'mines' and' mining 'enterprises will withdraw. If they do not withdraw as soon as possible, they will also be affected obviously.
The cost of mining is electricity. Whoever has low electricity charges will earn more (money). "The miner said. At present, we are about to enter the 'wet season', and the electricity price is at a low level. According to the past, mining enterprises will cooperate with some power plants to seek favorable electricity prices. But if the draft is implemented, the cooperation between mining enterprises and power plants is bound to be affected. Just imagine, are power plants willing to cooperate with eliminated enterprises? Therefore, the electricity tariff and bonus of mining enterprises will shrink.
All in all, the idea of making a fortune by mining bitcoin is no longer feasible. Earlier, it was reported that bitcoin was in crisis, and many big money players in the coin circle were unable to quit. It's not too much to say that they were bankrupt. So go to work honestly.