cremation jewelry wholesale suppliers Tens of billions of industries are facing shutdown, why should the central bank turn off the Bitcoin mine

top beads jewelry wholesalers Recently, the news about "China quietly ordered to close the Bitcoin mine" spread widened. Some media learned that the central bank held a closed -door meeting to rectify some minings with irregular electricity conditions.
It, the rectification and treatment of the mine began last year, especially after the domestic shutdown of the exchange last year, the relevant regulatory agencies also discussed the existence of the mine, but the conclusion is the reason for closing the mine. It is not sufficient, and the mine does not cause more social problems. The risk points are not clear, so there is no specific arrangement. But all places received "window guidance", that is, local companies cannot participate in digital currency mining.
It to understand many policies in China, we must first analyze the logical relationship behind it. Originally, the issue of the mine had nothing to do with the central bank. This is a complete local nature. The business management of physical enterprises related to the business department of the industry and commerce. Essence Therefore, if the central bank's meeting mentioned the issue of Bitcoin mining, then it is definitely not just studying mining.
The start of the new year, the entire macro policy is implementing new plans, including the central bank level, about exchange rates, capital projects, and other issues. One of the release signals is that in 2018, capital control must be strengthened to ensure independence of monetary policy in my country.
If to further strengthen capital control, first of all, it is necessary to study, which pose a potential threat to capital control policies. At present, the Bitcoin generated by China for mining accounts for more than 70%of the entire global output. The monthly output of various digital currencies in China is calculated at the current price, which may exceed 1 billion US dollars. This will arouse the vigilance of financial institutions such as the central bank. These digital currencies produced will have an impact on capital control and the flow of international market funds in some form. In this case, will the effectiveness of capital control problems through the way to shut down the mine?
The mining in China, in fact, fundamentally, it is difficult to lead to the loss of foreign exchange reserves, because the Bitcoin produced in China, if it is sold for the international market, is replaced by the US dollar, even if these dollars, even these dollars. It will not cause the loss of Chinese foreign exchange reserves in the international market. The most problem may lead to a concentrated flow of some domestic funds. In fact, this kind of flow is similar to investors from the real estate market to the stock market and returning from the stock market to the real estate market. It is still rotating in their own pools in China. influences.
However, China's current overall policy environment is changing. If there is a huge asymmetric interest in a certain market, many funds will swarm, leading to impact on other industries. If all kinds of listed companies run to dig Bitcoin, or the public is keen to buy mining machines and digital currencies, then as a government, it will be very worried, because various types of guidance of investment strategies will fail, which will directly affect some of the some types of investment, which will directly affect some some of the strategies, which will directly affect some of them, which will directly affect some of them, which will directly affect some of them, which will directly affect some of them, which will directly affect some of them. Industry planning and development goals.
Is said here, everyone should understand what I mean.
First of all, in terms of willingness, the central bank and other related institutions are very hoped to turn off various types of Bitcoin and other mines. But the way to close the way, the reason, and steps must be considered. According to reports, the central bank requires local governments to take measures from energy, electricity, and environmental protection to guide Bitcoin mining enterprises to reduce scale. The People's Bank of China also said that it cannot directly limit Bitcoin mining, and it can only require local governments to take action.
meaning, I really want to turn off you, but the reason requires the local government to find it by itself. The central bank said that it was unable to directly limit the mining of Bitcoin, and it was also a matter of considering power. This matter must rely on local governments.
Secondly, do local governments have the motivation to shut down Bitcoin and other mines? This is necessary to consider the current policy and environmental issues. According to the current policy implementation efforts, the actions of local governments may be faster than expected. No local government is willing to bear the name of "supporting Bitcoin mine", as long as it knows what it means.
Third, the central bank's instructions are relatively mild, and the negative effects of the policy are considered, because this industry is not formed a day or two, and the involved faces are very wide. Logic of legal system. If there is no definition of Bitcoin as an illegal asset (such as drugs) from the legal level, then it is difficult to qualitatively illegally produced the simplicity of Bitcoin. Therefore, the next step is to pay attention to what reasons will be found at the specific implementation level.
Fourth, the news of closing the mine can see the government's attitude regardless of how to interpret it. This needs to attract enough attention. Essence The biggest impact is likely to be a relatively large -scale mine. If you do not shut down some "typical", you may lose the significance of the policies for the policy party. However, for small -scale mines and retail organizations, all kinds of decentralized mines will not have much impact, but the expansion speed will definitely decrease.
Fifth, from another message, "At the same time, insiders of the central bank stated that the power department did not encourage the power department to supply power." Looking at this time, this guiding policy may be a "qualitative" policy, and this time The qualitative I am talking about is the matter of closing the mine, which may have been determined. The word "not encouraged" is a warning to the power department. At the same time, it also shows that it is very difficult to completely turn off the mine. First of all, the central bank itself cannot put pressure on the power department. You must know that those large miningers are purchased hundreds of millions of dollars at one time, supporting the economy of one party economy, and supporting the economy of one party. Not ordinary.
of course, just like closing the Bitcoin Exchange, the closing behavior will not be achieved overnight, and the market is sufficient to issue various interpretations, but I can only tell everyone that the attitude of the central bank and other is already clear. It is easy to close the mine, which is difficult to prevent the trend
For me personally, the focus of thinking is not the problem of not related to the mine, but how to understand the mining.
It mining, in fact, the computer uses its greatest computing power to find a certain data. It can be metaphorical to find a piece of gold from a pile of sand. The more difficult to mining. Therefore, the so -called mining is actually an oversized computing of a computer. This calculation can be used in mining, scientific calculations, and various studies.
The "electricity" in inventing "electricity" for three hundred years, but the application of electricity has expanded how many types of do not know. From replacement steam engines to lighting, to information transmission, and so on. What is the most efficient application of electricity now?
If it is a country with a very lack of electricity, electricity will be used to produce very necessary supplies to solve various needs of transportation and government. If it is a richer country, what will the electricity use? Such as singing KTV, neon lights, large playgrounds, and so on. In fact, the application of electricity is enough to judge the economic development level of a country or region.
2016 in the middle of the country's power transition in the world, and the total power generation accounts for 25%of the world. In this case, if common sense, mining power in China is indeed the most abundant, especially with the increase in China's economy increased in China's economy increasing The rapid decline is increasing.
The electric stations cannot be stored, but if the electricity is converted into a digital currency, it can be stored. In fact, if China ’s excess power generation can be converted into a Tetcoin to save, it should be an efficiency efficiency The highest production and operation method. It is equivalent to the production of electricity in the US dollar, which is the most added method of processing export.
It, according to the development of history, most of the future power may be consumed on the computer. This is a judgment I made. Our generation can be witnessed. The daily life of human beings, the proportion of electricity consumption will become lower and lower. In the future, human beings need to solve various problems in a digital and blockchain. "Mining" will only increase and will not decrease. Especially with the development of artificial intelligence and universe exploration, the requirements for computing power will show index level growth.
Ip power is just one kind of energy, just like a person, where the most energy consumption is the limbs, but the brain, the human brain is a 24 -hour work machine, a person who loves thinking, the brain every day It is necessary to consume 75%of the blood glucose storage of the liver, while the oxygen consumption accounts for 20%of the oxygen consumption of the whole body. The more brain thinks, the more glucose it needs for neurons.
During the invention of the electric lamp two hundred years ago, people thought that the best use of electricity was to light up the bulb. Where is the most effective in the future, it should be the market.
The electricity, no one can see it. So far, it is difficult for many people to understand the mystery of their existence, but the electricity has changed the world. Many virtual things are often greater than that of entities. "Digital assets" mean what to do with China and the world. I think many people, including the government level, are difficult to figure out at this time. What we need to reflect is that in addition to the four major inventions, electricity, electric lights, telephones, computers, digital currencies, etc., are promoting people's steps forward. How many are invented by China?
When a phenomenon appears, it is necessary to study the big background and logic behind it. In the future, it can be said to be military competition, economic development competition, and financial competition, but it can also be said that it is thought and and Competition of computing power. It is easy to close the mine and prevent the trend more difficult.