Bitcoin fell 70% a year, and speculators left "miners" holding

3000 "Mine machine" monthly electricity cost million yuan, the stick is ready to develop the currency of the reporter, Zhang Cheng, Jun Junhui "coins more and more difficult to dig, now dug out of the currency, half to pay for electricity and mine machine maintenance, we can do now is to wait." "On the evening of December 10," The miners "Uncle Silently calculated this month's electricity, more than 1 million Yuan bill, almost to use out 500 bitcoin, these days, the market and a little down, each currency in the renminbi 2150 yuan (348 U.S. dollars) around, from this September to now, The value of Bitcoin has not been more than 2500 yuan/RMB. With $1242 trillion from November 2013 to $348 trillion, Bitcoin has fallen 72%. This once "financial star", now the starlight is dim. The speculators who hope to realize their wealth dream are leaving, but some still insist on the "revolution" of the virtual currency to the financial system in Bitcoin's biosphere. Mining the future of "miners" Zhao is well-known in the industry "miners", said Uncle Dong. June 2013, after the first wave of Bitcoin market, Zhao and several partners began to "Dig Mine", "mining plant" located in Ordos, Inner Mongolia, an area of 1500 square meters, 3000 mining machines day and night operation, before and after a total investment of more than 9 million yuan. "Last June, a mine machine dug 3 coins a day, at that time there were only more than 10 miners," he said. By January this year, more than 10 miners can only dig 10 a day, a large number of people poured into the business, the currency more and more difficult to dig. "Talk about the situation of the" mining "in the Dong Shuping of the day, the tone of the real is vaguely helpless. "Before the mine machine expensive, a machine from tens of thousands of yuan to hundreds of thousands of yuan." With the increasing number of miners, the production of mine machine manufacturers are also more, the machine greatly reduce prices, now a machine only two thousand or three thousand yuan. We now use the 3000 machines are produced by themselves, the cost of each 2000~2500 yuan, Lu continued in June this year all started. Just started 3000 coal mine machine can dig 80 coins a day, now can only dig 40, around. "The development of this way from Zhao Mouth, and not many of the composition of the dream, more is a pen counting." As the most famous virtual currency, Bitcoin comes from a set of special computing algorithms, according to its rules, the total amount of Bitcoin in the system is 21 million, each currency from the computer rely on the power to "dig" from the system, the process is commonly known as "mining", and the entire system of output per day to maintain at about 3,600. At present, about 13.8 million bits have been dug up in the world, and the "scarcity" created by this system is also regarded by Bitcoin players as a fundamental basis for Bitcoin value. However, as the market continues to be depressed for several months, the people who remain in this circle are more like Zhao, while the counting is holding hope. Want to go to still stay, "cousin" "I was in June 2013 began to fry coins." One day on the internet to see Bitcoin this thing, very curious. Studied for a night, and the next daydecided to buy. "The net name is" the cousin "the Yang, in the Bitcoin circle is the eminent person, his" splendid record "is before and after throws more than 700,000 yuan, through the short-term operation, altogether has doubled 60 times times. 82 Stranger's "cousin" hometown in the northeast, because "the North is too cold, so after graduating from university to work in the south." In the fry currency, "cousin" has been in Suzhou, a software company to work, and no investment expertise. Bitcoin hot after the domestic fry bitcoin people come in at a time, Bitcoin trading is different from stocks, no "open" "Close", 24 hours a day can be traded, which means, may be rich overnight, may also sleep a sense of bankruptcy. "In fact I was lucky, earning a few after all." Money has been the main force to earn away, the investment Exchange group in the loss of a lot of people, but they are embarrassed to say they lost. "Since April this year," cousin "pumped most of the money into the stock market, leaving only 10 million yuan in the bitcoin markets," I think it is a revolutionary thing, not necessarily successful, but opened up a precedent. According to the statistics of one-bit website, the number of domestic internet-focused Bitcoin in November 2013 rose from tens of thousands of to over 1 million, of which the number of active people reached 300,000. By November this year, the number of active people was 30,000. "Domestic speculators basically in the last year after 11 of that wave of the entry, but since then, the overall trend of bitcoin is falling, from the beginning of seven thousand or eight thousand yuan per currency to the present 2200 yuan." Money has been left out, and few people remain. Chanchi, director of marketing at Bitcoin China, told the IT Times reporter. Surrounded by the wind to "as a currency, must have three basic functions: the exchange of media, value storage, accounting units." The problem of Bitcoin itself is obvious, because of its value fluctuation, there is no way to realize the function of value storage and accounting unit. As a veteran bitcoin-Dahong, he has long been aware of the problems of Bitcoin. Now Dahong is working to solve the problem of "digital currency" stability. He told the IT times that he was developing a new digital currency based on the "Bitcoin Spirit", and was confident that it would basically solve the problem of instability, only to be tested by the market. There are a lot of people like Dahong who have shifted their attention to the Bitcoin ecosystem, most of them have the technology, the idea, around the bitcoin, or try to build a "new ship" with varying degrees of innovation, or try to perfect the old system to promote it, or prepare it for the various ancillary services on the way ahead. They even formed a small alliance-"bit Entrepreneurial camp", regularly organized exchange activities. "Everything has a process of development, Bitcoin is now in the initial stage of development, sometimes do not need to accept not accept, as long as this thing works well." "Most of the bit insiders, including Dahong, have been interviewed to show that they need to look at problems with a developmental perspective," he said. Yu Xin (alias) with 10,000 mining machines now wants to doBitcoin bank, which helps people manage their bitcoin, as in real-world banks, "Bitcoin" can absorb deposits and lend money, but the unit is bitcoin. But the reporter is silent on the question of whether the individual can open a bank. East elder brother also continued to insist, "as long as the money dug can afford to pay electricity, I will continue to dig." I will not sell the extra coins, will always hold, Bitcoin is a revolutionary thing, one day, it will replace the traditional currency. "Yet the confidence of these Bitcoin idealists, Chong, a researcher at the Institute of Finance and Securities at Renmin University of China, faces many difficult difficulties," in the future, Bitcoin may be able to achieve a limited convergence with the current system, whether as a currency, or a virtual commodity, or an investment, that can be accepted within a particular group, But can not be widely used as an equivalent, to see technology development and market acceptance, more crucially, ' decentralization ' means that the state gives up the existing power, by the market to correct themselves, but at present, whether the reality or theory, the conditions are immature, all need artificial adjustment. "Hold the ticket," the Bitcoin followers, continue to wait for the wind to come?