Tags :Happiness

The Bride Responded To Her Father’s Return Of The Bride Price At The Wedding: He Doesn’t Value Money Over Feelings, And Hopes Not To Spread False Information

On February 24, a video of "The father-in-law returned the gift of 188,000 yuan at the wedding, leaving only 100 yuan for good luck" went viral on the Internet and warmed the hearts of many netizens. Qilu Evening News, Like 66024 On the evening of the 24th, the reporter contacted the bride Liao Jiao and she confirmed that the incident was true.

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The Bride Responded To Her Father’s Return Of 188,000 Yuan In Gift Money At The Wedding: She Doesn’t Value Money Over Feelings.
On February 24, a video of "The father-in-law returned the 188,000 yuan gift at the wedding, leaving only 100 yuan for good luck" went viral on the Internet, attracting the attention of netizens.

On the evening of February 24, the reporter contacted and interviewed the bride Liao Jiao. She confirmed that the incident was true and clarified that the wedding actually took place in Yiyang, Hunan, and was not Anhui as reported online.

The bride Liao Jiao and the groom Li Pingjun are from Yiyang. They met through a friend's introduction, and then fell in love and got married hand in hand. Liao Jiao said frankly that from the time they fell in love to the engagement, the two people and their families had always reached a consensus: they did not value the amount of the bride price, but rather the relationship and each other's future. As early as the engagement stage, she had clearly informed her father that she would not accept a bride price from the man. On the wedding day on February 22, her father returned the 188,000 yuan gift to the groom in full, leaving only 100 yuan as a symbol of good luck. This scene surprised and deeply moved Liao Jiao.

She revealed that her father was very supportive of her idea, and her simple speech on the spot moved everyone even more: "Young people, don't let money blind you from the happiness of your marriage." It is understood that this popular video was not deliberately shot, but was casually recorded by relatives and friends at the scene. Unexpectedly, it would attract widespread attention, and the couple and their families were very surprised.

Mr. Li, the groom in question, responded that "his father-in-law returned the bride price" and said, "It was not a rehearsal in advance, and there was nothing expected before." The groom, Mr. Li, told reporters that both parties were from ordinary families. After returning the bride price that day, his father-in-law gave him a dowry when he returned home.

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Source/Sanxiang Metropolis Daily, Beijing News Our Video, Red Star News
17 minutes ago
An In-depth Analysis Of TRX’s Positioning, Ecology, Investment Value, And Mysteries Of Authenticity And Authenticity
In the world of cryptocurrency, Satoshi Nakamoto is admired by the world for his invention of Bitcoin (BTC) and opening the door to blockchain for the first time! This article will give you an in-depth analysis of TRX’s positioning, ecology and investment value

In the world of cryptocurrency, Satoshi Nakamoto is admired by the world for his invention of Bitcoin (BTC) and opening the door to blockchain for the first time!

Vitalik Buterin created Ethereum (ETH), promoted the great development of smart contracts (Smart Contracts) technology, made blockchain technology realize wider possibilities, and gained everyone's recognition and respect!

In contrast, Justin Sun, the founder of TRON (TRX), always captures people’s attention with his endless and unexpected marketing methods, making people laugh and cry. Because of this, TRX is often labeled as "hype" and "maybe even a scam". But on the other hand, it still has a huge supporter base and continues to be active in the market.

So, is TRX a scam? Why does it still attract so many fans? What is its price trend and future development potential? This article will give you an in-depth analysis of TRX’s positioning, ecology and investment value.

What is TRON (TRX coin)? What is TRON chain?

Tron is a cross-chain (Blockchain) content sharing platform similar to Bitcoin and Ethereum, which allows creators to provide their content directly to consumers without going through third-party platforms (such as Apple App Store, Google Play, Spotify, YouTube, etc.).

TRX, whose Chinese name is "Tron Coin", is the native token of the TRON chain (TRON). It is the fuel of the entire TRON ecosystem and can be used for any activities and applications in the TRON ecosystem, including:

Paying transaction fees: Any operation on the TRON chain (such as transferring money, interacting with DApps, issuing tokens) requires a very small amount of TRX as a handling fee.

Governance and voting: TRX holders can freeze (pledge) their TRX to obtain the voting rights of "super representatives". Super representatives are nodes responsible for validating transactions and maintaining network security, and voters can share the rewards they receive.

Value preservation and exchange medium: TRX is the basic value unit in the Tron ecosystem. Many tokens issued based on Tron (such as USDT stablecoin) are traded with TRX.

Purchasing resources: Users can pledge TRX in exchange for "Energy" and "Bandwidth", thereby eliminating transaction fees, which is very useful for users who frequently use on-chain applications.

Before the mainnet was launched in June 2018, TRX was parasitic on Ethereum in the form of ERC-20, and then migrated to its own network using the TRC-20 token standard and became a real mainnet currency.

TRON/TRX technical level

Regarding the technical level of TRON/TRX, the non-technical founder Justin Sun was not low-key at all. He openly tweeted and listed 7 reasons to attack and provoke Ethereum, and finally forced its founder Vitalik Buterin to sarcastically reply: plagiarism!

TRON (TRX)

Ethereum (ETH)

programming language

Java

Solidity

Scalability

powerful

Transactions processed per second (TPS)

10000

25

Token destruction mechanism

handling fee

Development plan rewards

US$1 billion

Number of users

100 million

A small amount

[Justin Sun believes that Tron is superior to Ethereum in 7 aspects, source: compiled by Mitrade]

TRON/TRX adopts the DPoS consensus mechanism, supports Java development, and uses the leasing model to reduce handling fees. These are all facts. However, these three so-called technical advantages are highly similar to those of EOS and NEO.

In addition, people also found that the white paper of TRON/TRX is similar to the project Filecoin (FIL) in many places. In response to this, Justin Sun’s response was surprising. He said, “The original text of TRON’s white paper was written in Chinese, and the translator failed to add important and different content details.”

TRON Ecology

The Tron ecosystem is currently one of the most prosperous ecosystems in the blockchain field. It mainly includes the following parts:

1.Tron Blockchain

The core of TRON is its public chain infrastructure, in which the TRON Virtual Machine (TVM) is compatible with Ethereum's EVM, allowing developers to deploy and run smart contracts on the chain.

The DPOS consensus mechanism uses delegated proof of rights, with 27 super representatives responsible for producing blocks and maintaining the network, which makes TRON blockchain transactions extremely fast and has low handling fees.

2. Decentralized finance 3. NFT and games 4. Cross-chain solutions

In order to interact with other blockchain ecosystems, Tron has developed a cross-chain bridge-BTTC. BitTorrent Chain (BTTC) is a cross-chain solution officially launched by TRON Ecosystem, aiming to realize asset and data interoperability between multiple public chains such as TRON, Ethereum, and Binance Smart Chain (BSC).

TRX coin project team

Compared with other public chain projects such as Solana (SOL) and Avalanche (AVAX), the technical team of TRX currency is slightly weak. Among them, Chen Zhiqiang, the technical director who joined Tron in 2017, worked in traditional Internet companies such as Tencent and NetEase Youdao. The same is true for other technical personnel who joined later. They did not specialize in the blockchain field and lacked rich practical experience. This is also an important reason for the lack of technical highlights/innovation in the project.

Although the TRX coin technical team is not as good as other public chain projects, its operation team, especially founder Justin Sun, is world-class. Justin Sun, who graduated with a bachelor's degree in history from Peking University and a master's degree in law from the University of Pennsylvania, was once the chief representative of Ripple (XRP) in Greater China. He is very good at hype, creating or using various events for marketing, including lunch with Buffett, supporting a case of negligent serious injury, offering a reward for the arrest of Bitcoin hackers, ambassador to the World Trade Organization, etc.

[Tron founder Justin Sun, source: Twitter]

TRX coin historical price trend analysis

According to CMC data, the current market value of TRX currency is approximately US$32.68 billion, with a market share of 0.83% and ranking 9th in the world. This is a relatively good direct reflection of the market. So, what is the price trend of TRX currency?

[Top 12 cryptocurrencies by market capitalization (as of September 10), source: CoinMarketCap]

In the last bear market stage, TRX currency remained in the 0.01-0.04 range from 2018 to 2020, which lasted for 2 years. Entering 2021, the TRX coin broke through the box, and then made a short retracement before gradually going bullish.

In April 2021, the price of TRX currency rose to a maximum of $0.18, an increase of 1700% from the bottom (0.01), which is nearly 17 times. Overall, it is not bad. However, it is weaker than BTC (from US$3,000 to US$69,000, an increase of 22 times) and ETH (from US$100 to US$4,800, an increase of 47 times).

After falling from the peak, the TRX currency fell to a minimum of $0.04, then rebounded and fell again, constantly alternating. Currently, it is in the form of a descending triangle, but it has not fallen below $0.04 four times. It can be seen that there are funds guarding this position.

When the time comes to 2024, the market is turning for the better. As the market rebounded, TRX emerged from its long-term sluggish state and once exceeded $0.3. TRON's complete decentralization (DAO governance) and increased activity on the chain have become important factors driving the price higher.

Since 2025, TRX has continued its upward trend, with the current price remaining between $0.34-0.35. Compared with five years ago, the price of TRX has grown significantly.

TRX coin future price trend prediction Tron price prediction in September 2025

A break above the resistance would trigger a minor bull run with the next price target at $0.365. This month, TRX has traded at an average price of $0.340, with a low of $0.310.

Potential Lows ($)

Potential average ($)

High potential ($)

September

0.310

0.340

0.365

Tron Price Prediction for 2025

Technical indicators are bullish on TRX’s performance in the second half of 2025, with trading prices expected to range from $0.179 to $0.614552, with an average price of $0.512127.

Potential Lows ($)

Potential average ($)

High potential ($)

2025

0.179

0.512127

0.614552

Tron Price Prediction 2026-2031

Potential Lows ($)

Potential average ($)

High potential ($)

2026

$0.751119

$0.853545

$0.95597

2027

$1.09

$1.19

$1.30

2028

$1.43

$1.54

$1.64

2029

$1.78

$1.88

$1.98

2030

$2.12

$2.22

$2.32

2031

$2.46

$2.56

$2.66

Tron Price Prediction for 2026

TRON will experience even more bullish momentum in 2026. According to Tron price prediction, its price will range from $0.751119 to $0.95597, with an average price of $0.853545.

Tron Price Prediction for 2027

TRX is predicted to climb further in 2027; according to the forecast, it will fluctuate between $1.09 and $1.30, with an average price of $1.19.

Tron Price Prediction for 2028

Analysis shows that TRX’s growth will accelerate further by 2028. According to the Tron price prediction, the price of Tron will fluctuate between a minimum price of $1.43 and a maximum price of $1.64. The average price for the year was $1.54.

Tron Price Prediction for 2029

According to Tron’s prediction for 2029, the highest and lowest TRX prices will reach $1.98 and $1.78 respectively, with the average price for the year being $1.88.

Tron price prediction in 2030

Tron TRX price prediction for 2030 shows a price range of $2.12 to $2.32, with an average price of $2.22.

Tron price prediction in 2031

The highest Tron price prediction in 2031 is $2.66. The lowest price throughout the year was US$2.46, and the average price was US$2.56.

What are the factors that affect TRX price?

The price of TRX coins is affected by many factors. Understanding these factors will help investors make more rational judgments.

1. Regulatory and policy environment

The regulatory policies for cryptocurrencies and stablecoins across the country will directly affect the main uses of Tron, thus having a significant impact on the price of TRX.

2. Overall crypto market sentiment

The price of TRX is highly correlated with mainstream currencies such as Bitcoin and Ethereum. If Bitcoin is in a bull market, it will usually drive TRX up, while a bear market will put pressure on it.

3. Technology and ecological development

If TRON network technology can be continuously upgraded, such as increasing transaction speed, reducing handling fees, cross-chain integration, expansion plans, etc., it can strengthen TRON's competitiveness. In addition, the development of DeFI and DApp ecology will also affect the long-term demand for TRX, thereby affecting the price trend of TRX currency.

4. On-chain activities and TVL increase

When the TRON network is used more frequently, the transaction volume is large and active, and the more assets are locked in DeFi/smart contracts, it will increase the market's confidence in TRX.

Is TRX a scam? Risk Analysis of Investing in TRX Coin

There are often voices on the Internet saying "TRX is a scam". Although the TRX currency itself is not a scam, there are mainly the following reasons for such voices:

1. Controversy over founder Justin Sun

Justin Sun has always been a controversial figure with bold marketing techniques and frequent hype. He has been accused in the past of over-marketing, exaggerating the project vision, and giving the outside world a sense of attracting investment. These controversies have made some investors feel that the TRON project is not professional enough and "like trying to spread a pie," and then question its authenticity.

2. The project has been involved in plagiarism disputes

In TRON’s early white papers and codes, the problem of “plagiarizing technical content such as Ethereum and IPFS” was pointed out. Although TRON did develop new technologies later, the plagiarism controversy also left a negative impact on TRX, causing many people to label TRX a "fraud".

3. Excessive marketing and "cutting leeks"

Due to excessive marketing and constant creation or hot-button events to attract fans, the price of TRX has skyrocketed and plummeted like a roller coaster, leaving many retail investors trapped at high prices. Therefore, some people regard TRX as a "leek-cutting tool", further fueling the notion of a "scam coin".

4.Regulatory and legal risks

In 2023, the U.S. SEC (Securities and Exchange Commission) filed a lawsuit against Justin Sun and the TRON Foundation, accusing them of market manipulation and illegal securities sales. Although the case is still controversial, the fact of being "sued by the SEC" itself has made many people question the legality and safety of TRX.

The risk of TRX currency is similar to that of Dogecoin (DOGE). The price is greatly affected by personal activities. Before Musk got involved in Dogecoin (DOGE), Justin Sun was the strongest order maker in the currency circle. It was a typical case of "insufficient technology and marketing". He attracted fans by constantly creating or creating hot topics, causing TRX users to pay more attention to their behaviors rather than ecological development.

In the past two years, the frequency and intensity of Justin Sun's marketing hype has weakened, and he has slowly turned to the expansion of ecological applications, such as issuing stable coins, increasing the global adoption rate of TRX coins, developing NFT markets, acquiring exchanges huobi, etc. He has a tendency to do things down to earth, which is really conducive to increasing the value of TRX! However, investing in TRX coins still requires a lot of tracking of Justin Sun's behavior, because the price of TRX coins is very susceptible to its influence.

How to buy TRX coins?

TRX coins can be purchased through exchanges. Taking the purchase of TRX coins on OKX Exchange as an example, we will introduce detailed tutorials for investors to obtain TRX coins:

1. Open the Ouyi official website and click the [Register] button in the upper right corner to enter the registration page.

2. Users can choose to register using [Mobile Phone Number] or [Email], enter [Mobile Phone Number/Email] as required - Set [Password] - Click [Register] (if you register by email, you need to enter [Verification Code]) to complete the registration.

3. TRX coins can be obtained from the Ouyi Exchange. Log in to the Ouyi official website and click [Discover]--[Market] on the homepage to enter the market page.

4. Search for TRON’s English abbreviation TRX

5. Click Transaction to enter the TRX coin purchase page.

6. Fill in the purchase quantity and click Buy. (The current minimum trading quantity of TRX coins on Eureka Exchange is 10TRX)

Summarize

Similar to Dogecoin, TRX is a cryptocurrency that is deeply influenced by individuals, resulting in very large price fluctuations. Therefore, it is very popular among short-termers and radicals, and is very exciting. In response to this, there are some jokes in the circle, "To play with Sun's coins, you must have two hearts", "If you don't cut, you won't be called Brother Sun (cut)", "If Buffett's pigeons are released, what else can you dare to do?" So, if you are not this type of investor, please invest in TRX coins with caution. But if you want to trade TRX in the short term, the Mitrade platform provides pretty good trading conditions! Learn more about new user account opening promotions!

At this point, this article is about what is TRX? This concludes the article on TRX currency risk analysis and price trend prediction. For more related TRX price trend prediction content, please search Script House’s previous articles or continue to browse the relevant articles below. I hope you will support Script House in the future!
17 minutes ago
The Sword Kills Loulan: The Ukrainian Army Regained 400 Square Kilometers Of The Southern Line And Liberated The Entire Dnipro Oblast.
Ugo's rhinoceros armor breaks through the cold light, and the battle hub is full of ambitions. February 24th is the fourth anniversary of the Patriotic War in Ukraine.

Today in 2022, the Russians started an undeclared war, tearing open the border between Ukraine and international law with a torrent of steel. They imagined that the post-imperial era would be crowned in 1 hour and 22 minutes. Unexpectedly, the weak rose up to resist, and more than 200,000 troops fell into the sand.

The Ukrainian army took advantage of the situation to counterattack, and in just a few months regained more than 70,000 square kilometers of land area in Kharkiv, Sumy, Kupyansk, Izyum, Bonliman, and the west bank of Kherson... The Ukrainian army's 93rd brigade, with several thousand people in one brigade, defeated the two aces of the invading army, the 4th Guards Tank Division and the 150th "Berlin Division". The fighting nation's retreat was astonishing around the world...

Americans sarcastically say: The Russian army is indeed second in the world, but only on the Russian-Ukrainian battlefield.

Ukrainian President Zelensky made a bold statement: We will turn the world’s No. 2 into No. 200.

However, strategic mistakes led to the failure of the Ukrainian army's counteroffensive in the spring of 2023. Since then, they have started a defensive offensive. The Russians have been encroaching on the land of Eastern Ukraine day after day at a crawling speed.

After four years of fighting, the Ukrainian army launched a counterattack on the southern front on February 9 and once again hit a small climax. In just half a month, it regained more than 400 square kilometers of territory, announcing to the world the return of the king with its irrefutable record.

On February 20, Ukrainian President Zelenskiy confirmed in an interview with the BBC that the Ukrainian army had regained 300 square kilometers in Zaporizhia. Three days later, the Ukrainian army once again captured 100 square kilometers...

General Shirsky, commander-in-chief of the Ukrainian army, reported yesterday that the Ukrainian army successfully recovered 400 square kilometers of territory and eight residential areas in the direction of Olesandrivka in the southern combat zone.

General Shirsky said on the official account of Ukraine’s official

This battle situation was interpreted by major military media in the world as significant progress made by the Ukrainian armed forces on the southern front.

This counteroffensive by the Ukrainian army is of great significance. Today's conflict between Russia and Ukraine is no longer a war between Russia and Ukraine. The spillover has become a comprehensive game of global camps and ideologies. The outcome of the war will also determine the global pattern in the next 10 to 100 years and reshuffle the lives of us ordinary people.

It should be noted that the 400 square kilometers recovered by General Shirsky was only in the direction of Hulyapol on the eastern flank of the southern front, and did not include the gains of the Ukrainian army in the Kuban battlefield on the western flank.

Institute for the Study of War (ISW) geographical image corroboration

Just as General Shirsky announced the news, good news also came out of the Kuban battlefield on the west wing - the Ukrainian army in that direction defeated the Russian army in the direction of Kamensk after a fierce battle, and recovered a large area yesterday.

As a flank battlefield, the Ukrainian army counterattacking in this direction had made slow progress before. Of course, this was also related to being restrained by the Russian Dnieper cluster. Now looking at the area in the picture, it should be said that the fight was not bad.

As of the 23rd, the Ukrainian army had recovered all the territory of Dnipropetrovsk Oblast north of Hulyapol. The Russian Dnieper Cluster had been fighting in this direction for two full years. After paying a heavy price, it returned to the pre-liberation state in just half a month...

On the Donbass battlefield, the Russian Air Force blew up the Kristianivka Dam yesterday in an attempt to stop and drown the advancing Ukrainian 24th Brigade and other units. The floods caused a swamp... It seems that the Ukrainian army's air defense force in the area is still insufficient.

In the direction of Pokrovsk (Red Army City), the Russian Air Force is also very active. Several Russian reconnaissance and sabotage teams sneaked into the Pau farm area on the 22nd. They were discovered by Ukrainian reconnaissance drones and guided artillery to carry out precise coverage.

The Russian army in Mirnohrad is advancing towards the Udachny mining area and Toretsk, while the Ukrainian army is concentrating FPV drones to attack Russian positions and concentration points, but both sides have made no progress.

Air strikes and long-range strikes

On February 23, the Ukrainian army attacked the assembly area and the "Fortress" missile launch system of the 15th independent coastal defense missile brigade of the Russian-occupied Black Sea Fleet in Crimea. The damage effect is still being verified.

In the Nyzhnya Krynka area of Donetsk, the Ukrainian army used Seamass to attack an ammunition depot in the Russian Southern Military District.

The "Friendship-1" oil pumping station in Karekino, Russia's Republic of Tatarstan, was attacked by a Uzbek drone on the 23rd. Two large oil storage tanks with a diameter of 60 meters exploded. Six explosions were heard at the scene, thick smoke billowed, and the fire was extremely fierce... The pumping station is about 1,100 kilometers away from the Ukrainian border.

Druzhba-1 Pumping Station is the hub of Russia's Druzhba oil pipeline system. It transports more than 100 million tons of oil every day, accounting for 20~25% of Russia's total oil production. It currently mainly leads to Hungary and Slovakia...

Ukraine decisively blew up the pumping station, proving that it is not afraid of Hungary and Slovakia's blackmail of diesel and electricity.

In response to the Russian Ministry of Defense’s report on the 22nd that it had destroyed the Ukrainian Armed Forces’ Seamas rocket launch system and Flamingo launcher, the Ukrainian Joint Task Force (JFTF) refuted the rumor on the 22nd.

The military pointed out in a statement: "Russia claimed that it destroyed the HiMARS loading vehicle and the FP-5 "Flamingo" missile launcher during its attack on Ukraine. The truth is that this type of missile (HIMARS) uses modular firing and has no loading device, while the FP-5 "Flamingo" missile is rail-launched. It is recommended that the Russian side first understand these basic military common sense before launching a propaganda war..."

The military also emphasized: "We clarify this information only for the recipients of the information to identify the Russian military's false propaganda." In fact, no one except e-fans believes this low-level cognitive warfare.

【Today's International】

Russia has been banned from recruiting foreign soldiers by nearly 40 countries, and the global recruitment chain has suffered a heavy setback.

The Russian government has currently received a "blacklist". Nearly 40 countries (later expanded to 43 countries) prohibit Russia from recruiting personnel to fight in Ukraine. Most of the lists are former "friendly countries", including third parties, India, Brazil, South Africa, Turkey, Iran, Cuba, Argentina, Iraq, Yemen, Somalia, etc. Previously, Russia lured foreigners to join the war with high salaries, but repeatedly defaulted on the issue of pensions for fallen soldiers. Many countries have publicly issued warnings and asked the Kremlin to repatriate their citizens... The ban will directly weaken Russia's cross-border military supply.

Sweden strongly expresses its support for Ukraine to take back Crimea and spends 8 billion euros in aid to Ukraine in two years

Many European media reported that Swedish Defense Minister Pal Johnson publicly stated that Ukraine has the right to determine its own goal of victory. If Ukraine wants to take back Crimea, Sweden will fully support it; if Ukraine chooses to negotiate, Sweden will also support it. At the same time, Sweden also announced an increase in aid to Ukraine, to 4 billion euros in 2026, and will reserve an equal amount in 2027 to help Ukraine negotiate with a tougher stance.

As of February 2026, Sweden has provided 1.8% of GDP to aid Ukraine. In this protracted war, both the three Baltic countries and the five Nordic countries showed impressive heights, all of which will be fully recorded in the chronicles of the world.

Russia's strategic reserves of gold have dropped sharply, and the economic outage has entered a period of acceleration.

Nabiullina, the governor of the Central Bank of Russia, reported that the gold reserves of the Central Bank of Russia have dropped sharply from 556.9 tons to 160.2 tons, a decrease of 71%. Proceeds from the sale of gold are mainly used to make up for budget shortfalls caused by a sharp drop in energy revenue...

European leaders gathered in Kiev to sound the call to continue aiding Ukraine

The top leaders of the European Union and the leaders of Britain, France and Germany will meet in Kiev. The core European powers will simultaneously increase their support for Ukraine and jointly send a tough signal towards Russia.

Four years have passed since the Spring and Autumn Period, and banners have been flying. Ukraine, which has been in Nirvana for four years, is still in the world. As long as human civilization does not perish, Ukraine will also remain in the world forever.

17 minutes ago
Hard Drive Mining Causes Shortages. How Much Do You Know About The Principles Of Bitcoin Mining?
Recently, the biggest news in the storage market is not the release of a certain product by a certain brand, but the use of hard drives for mining, and the resulting wave of industry-wide shortages. So what exactly is hard drive mining? Who is Chia Coin?

Since Satoshi Nakamoto brought Bitcoin to the forefront in a ground-breaking move, in the past ten years, the digital cryptocurrency business with decentralized and anonymous transactions, which we commonly call “mining” business, has become a “big change” that has not been encountered in the development of the DIY industry in decades.

How does "mining" affect the ecological development of the DIY industry, and how does it trigger "big changes" in the industry? The core is hardware computing power. When talking about hardware computing power, we need to first understand the so-called "mining". Let's take Bitcoin as an example. The principle of Bitcoin mining is based on the mathematical puzzle of the SHA256 algorithm. After confirming the network transaction, the Bitcoin network will give equal Bitcoin rewards based on the amount of computing power contributed by the miners.

01Bitcoin principles and algorithms

According to the basic algorithm of Bitcoin, the total number of Bitcoins is 21 million. At the same time, Bitcoin generates 1 block (block) every 10 minutes. Each block has N Bitcoins as reward. This reward will fluctuate according to the number of participants in mining and the total number of Bitcoins. This block contains all Bitcoin transaction information in the last 10 minutes.

In fact, anyone can become a Bitcoin miner by running software on specialized hardware and listen for transaction broadcasts through the P2P network and perform the appropriate tasks to process and confirm these transactions.

Bitcoin

However, these new transactions need to be included in a block with a mathematical proof of work to be confirmed, and this proof needs to be generated by trying billions of calculations per second, and miners need to run these calculations before these blocks are accepted and receive rewards.

Therefore, in order to complete billions of SHA256 calculations faster, contribute more computing power, and catch up with other miners to obtain Bitcoin rewards in advance, miners need more hardware to provide more and stronger computing power, so GPU has become the password of wealth in the eyes of miners.

SHA256 encryption is core

This is one of the important reasons for the large shortage of graphics cards in recent times. In fact, not only Bitcoin, but also digital currencies such as Ethereum are based on GPU computing power, which is used to parse and calculate SHA256 encrypted information, thereby obtaining corresponding currency rewards.

02Bitcoin Earnings

Maybe someone asked, what happens after receiving currency rewards? What is the significance of digital currency? Trade, realize, and convert digital currency into real currency. The ultimate driving force for the above-mentioned mining behaviors is that these currencies can circulate in the online world and can even be exchanged for real currency at astonishing exchange rates.

Bitcoin real-time exchange rate

Bitcoin exchange rate trend chart today

Just before the author published the article, the exchange rates of a large number of digital currencies, led by Bitcoin, continued to skyrocket. Among them, the unit of Bitcoin was an exaggerated US$63,134.17, or RMB 412,300, ranking first in the industry. At the same time, the author also intercepted the ranking of the top ten digital currencies by market value today. From the list, it is not difficult to find that today's mining has become a success, forming a strict and regular currency circle system similar to the real-time buying and selling of the stock market.

Whether it is unit price, total market value, or transaction volume, it is not difficult to see the current mining craze and the vastness of the market.

Ranking of the top ten currencies by market capitalization in the industry on the day

If it is understandable that the GPU graphics card industry was breached and occupied by miners because of its super computing power; then the arrival of the recently emerged Chia currency, which uses hard disks as computing tools, has triggered an embarrassing scene of hard disk shortages in the entire storage industry. It seems very unreasonable.

03 Principles of Chia Coin and Hard Drive Mining

Chiacoin, similar to Bitcoin, is also a digital currency based on decentralization and capable of anonymous transactions. Chia was registered in August 2017 with the aim of developing an improved blockchain and intelligent trading platform. In terms of algorithm, it was born out of the Satoshi Nakamoto algorithm and made innovations. Unlike traditional BTC and ETH that use proof of work (POW), Chia uses "proof of space and time" (Proof of Space and Time) to use the remaining storage space in storage devices (computers, servers, NAS, etc.) for mining.

Chia coin chia interface

The mining principle is that ordinary users plot the unused space on the hard disk by installing software. The software will generate and store a collection of password numbers on the disk as plots. These users are called farmers. When a new block is broadcast on the Chia Network blockchain, farmers will scan their plots to see if they have a number that is close to the new challenge number derived from the previous block. This process is called mining.

Mining

A simple understanding is that before starting mining, users need to sow or draw (plots) in the idle hard disk space, and then farmers (farmers) find the optimal solution on the P disk files (plotsfiles) that have been sown.

Drawing or sowing (plots) completion page

The essence of Chia coin's use of hard disk mining is to first write the encrypted data to the hard disk (plots process), and then the mining program finds the optimal answer in the drawn P disk file (farmer process). In other words, the higher the total capacity of the P disk file relative to the entire network capacity, the faster the search for the optimal solution will be, and the higher the corresponding mining income will be.

04Chia Coin Operations and Revenues

As for the reward issuance of Chia coins, it basically refers to the operating model of Bitcoin, that is, in the first three years after the launch of the main network, one will be generated every ten minutes and 64 Chia will be awarded; 4-6 years after the launch of the main network, the reward will be halved, that is, 32 Chia. Going forward, it will be halved every three years, and the reward model will be 4 Chia every 10 minutes starting from the 13th year.

From the entire mining process and reward establishment, it is not difficult to see that Chia and Bitcoin are almost identical in model and method. They both use idle hardware resources to verify the corresponding block results based on a certain algorithm proof, and finally obtain system rewards.

Selection disk page for seeding and plotting

There are differences only in terms of hardware requirements. Traditional mining, led by Bitcoin, uses workload as proof and emphasizes computing power and performance, while Chia uses idle storage space for drawing and verification in a space and time proof manner. In other words, Chia puts more emphasis on the utilization of idle space and does not require the performance of the storage product itself. The larger the capacity, the wider the area drawn and sown in the Chia blockchain, and the greater the probability and speed of verification and seeking optimal solutions.

05 The turmoil and challenges brought by Chia currency to the storage market

From this, we can imagine that with the influx of Chia coins, enterprise-level mechanical hard drives that operate stably, have ultra-large capacity, and are relatively low-cost will be out of stock just like graphics cards. At the same time, due to the need to store a large amount of cache space during the seeding process, high-performance and large-capacity SSD products will inevitably become auxiliary tools for mining and face the risk of being out of stock.

Large-capacity mechanical hard drives are out of stock across e-commerce channels

Offline dealers are also completely out of stock

In fact, less than two months after Chia Coin launched its mainnet, domestic mainstream e-commerce platforms have already experienced large-scale shortages of large-capacity enterprise-level mechanical hard drives, with capacities ranging from 8T to 18T. Almost all of them have been bought out by large mining factories. As for offline distribution channels, it is even more shocking. There has been a rush for mechanical hard drives that has not been common for many years. Regardless of the model or capacity, as long as there is a large-capacity mechanical hard drive, it is sold out as soon as it arrives.

Both caching and drawing take up a lot of storage space

As for the SSD field, as an auxiliary tool for Chia coin mining, due to its relatively high purchase price and non-essential role, there has been no rush for goods for the time being; however, with the scarcity of Chia coins and the increasing number of mining people, large-capacity high-performance solid-state drives may appear, creating a strange situation like graphics cards being monopolized by miners.

The arrival of Chia Coin will not only cause a shortage of storage products, but will also trigger the fragile upstream supply chain system, breaking the long-standing fixed supply that has been slowly rising, causing supply chaos in the entire consumer and enterprise storage markets. Individuals and companies in urgent need of storage products will face the potential threat of having no disks available or purchasing them at high prices. This is extremely dangerous for the entire storage industry.

In the pursuit of profits, a large number of storage products are used for mining, causing chaos in market supply; when the Chia currency trend passes, a large number of idle storage products will be used as junk second-hand hardware and flow back to the primary market, triggering a market quality control crisis again.

Bankruptcy game of drumming and passing flowers

With this coming and going, apart from those miners who have made a lot of money in mining, what is left to society and the industry is only a pile of chicken feathers. The so-called drumming and spreading of flowers is probably nothing more than this.

It’s just a lovely person who is in the midst of the Chia coin turmoil and always firmly believes that he will not be the last one to take over, but who can know?

Postscript: At the same time as the author was closing this article, news came from the currency circle that the selling price of OTC Chia coins has reached 200 yuan per piece. The bustling world is all for profit, and the hustle and bustle in the world is for profit. Who can be alone?

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18 minutes ago
A Hunan Bride Responded To Her Father’s Wedding Gift Refund Of 188,000 Yuan: She Understands Her Husband’s Financial Difficulties

Recently, a wedding video has attracted widespread attention on the Internet: At the wedding of a couple in Yiyang, Hunan, the father-in-law returned the 188,000 yuan gift to his son-in-law on the spot, leaving only 100 yuan "for a moment." He said: "All young people should not let money blind their marriage."

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Regarding the issue of "the father-in-law returning the bride price", Mr. Li, the groom involved, said that he did not expect that both parties were from ordinary families. After the father-in-law returned the bride price that day, he gave him a dowry when he returned home.

On February 25, the bride, Ms. Liao, told reporters that her father’s behavior was both expected and unexpected. “Dad himself has not read many books, and his thinking is quite advanced.” Her husband was also shocked at the time and did not expect that the money would be returned. She is 30 years old and works in Hangzhou, Zhejiang Province. Her husband, one year older than her, is engaged in aquaculture business in her hometown. They are both natives of Nan County. They met through a friend three years ago and got married after more than two years of dating.

Ms. Liao revealed that she and her family had stated that they did not want betrothal gifts when they got engaged, but her husband took the initiative to prepare the money. Since her parents-in-law were old and had limited income, part of the money was saved by him through hard work, and the other part was borrowed from relatives and friends. The 188,000 yuan returned on the wedding day was used by the husband to repay the loan. After deducting the wedding banquet and other expenses, there is not much left.

Ms. Liao denied that she was in love, "Actually, I am quite realistic. I still want the 188,000 yuan to fall into my own pocket." However, considering her husband's financial situation, his business has not been going well in the past few years, and his income has been unstable. "After all, he borrowed it himself. He will do business later and has some needs for principal, so I have no way to ask him for it. In fact, I also hope that our family will get better and better."

It is understood that this viral video was casually recorded by relatives and friends at the scene. They did not expect it to attract widespread attention. The couple and their families were very surprised. In this regard, the bride Ms. Liao sincerely said: "Thank you for everyone's concern and blessings. In the future, I will run a small family well with my husband and cherish this simple and pure happiness."
18 minutes ago
Bitcoin Plunged 45%, Like Apple In 2013, The Valley Of Despair May Last Seven Years
Bitcoin is going through a “valley of despair” similar to Apple’s in 2013

According to CoinDesk, Strategy founder Michael Saylor compared Bitcoin’s current 45% retracement to Apple’s 2013 decline in a podcast interview. At that time, Apple's stock price fell 45% from its high point, and its price-to-earnings ratio fell below 10 times. The market lost confidence in its future, but it ultimately took seven years to fully recover its valuation with the support of Carl Icahn and Warren Buffett. Saylor believes that any successful technology investment must experience a 45% retracement and the "valley of despair." The Bitcoin retracement has currently lasted 137 days, but may last two, three or even seven years.

Saylor attributed the weakening of volatility in this cycle to structural changes: the shift of derivatives activities from offshore platforms to regulated U.S. markets suppressed two-way fluctuations and compressed a potential 80% retracement to 40-50%. Traditional banks continue to refuse to provide meaningful credit against Bitcoin holdings, forcing some investors into shadow banking or rehypothecation structures, which can create artificial selling pressure during periods of market stress. Regarding the threat of quantum computing, Saylor believes that this is not a short-term risk, and that the actual threat is at least ten years away. By then government, financial, consumer and defense systems will have transitioned to post-quantum cryptography, and Bitcoin software will have been upgraded through global consensus.

More than 400,000 Bitcoins have been accumulated in the range of US$60,000 to US$70,000, forming an intensive cost support area.

According to CoinDesk, Glassnode data shows that during Bitcoin’s recent decline, more than 400,000 BTC were accumulated in the $60,000 to $70,000 range. The supply in this price range has increased from about 997,000 coins on January 1 to about 1.43 million coins currently, an increase of 43%, accounting for more than 8% of the non-exchange circulating supply, forming a dense currency holding cost area.

The analysis is based on Glassnode’s UTXO implemented price distribution metric, which groups the existing supply by the price of each Bitcoin’s last on-chain move, and excludes intra-entity transfers and exchange balances through entity adjustments to more clearly reflect the cost base of real investors. The $70,000 to $80,000 area has previously been described as a "layer of air" and has historically seen thin trading volumes. During this decline, Bitcoin fell from $80,000 to $70,000 in just five days (January 31 to February 5), highlighting how quickly prices can move through low volume areas to denser supply zones below.

PlutonAI completed US$2.7 million in seed and private placement rounds, led by kitchenvc

PlutonAI, a project focusing on DeFAI (Decentralized Artificial Intelligence Finance) on Telegram, completed US$2.7 million in seed and private placement rounds, led by kitchenvc, and received incubation support from HyperGPT. This round of funds will be used for core platform development, ecosystem and agent expansion, and scalable, production-ready AI infrastructure construction. The goal is to create a DeFAI portal driven by intelligent agents and promote real applications and value creation on the chain.

The Smarter Web Company secures $30M credit line from Coinbase to support its Bitcoin strategy

According to TipRanks, the British listed company The Smarter Web Company (code SWC) announced that it has obtained a US$30 million strategic credit line from Coinbase Credit, using its Bitcoin holdings as collateral, with interest only on the amount withdrawn and no fixed maturity date. The facility is designed to enable the company to deploy funds into Bitcoin immediately after completing equity financing, reducing settlement timing risks in volatile markets and supporting its Bitcoin-centric treasury strategy.

Rhythmic, the underlying payment infrastructure for stablecoins, completed a US$4 million seed round of financing, led by Dragonfly and HadickM

Aaron, a former payment and digital asset practitioner, announced that Rhythmic, which he founded, has completed a US$4 million seed round of financing, led by Dragonfly and HadickM, with participation from Mirana, The Fintech Fund and others.

Rhythmic is building a financial infrastructure platform for consumer Internet companies, allowing accounts, stored value, cards and reward systems to be embedded into products in a "native" form, with stablecoins completing fund flow and settlement at the bottom. The user front-end only embodies the concept of "holding balances, receiving rewards, and spending at will" without direct contact with the wallet or "using stable coins". This round of financing will be used to improve the core platform, connect with the first partners, and expand the engineering and compliance teams.
1 hours ago

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The Bride Responded To Her Father’s Return Of The Bride Price At The Wedding: He Doesn’t Value Money Over Feelings, And Hopes Not To Spread False Information

Newsflash

The Bride Responded To Her Father’s Return Of 188,000 Yuan In Gift Money At The Wedding: She Doesn’t Value Money Over Feelings.

An In-depth Analysis Of TRX’s Positioning, Ecology, Investment Value, And Mysteries Of Authenticity And Authenticity

The Sword Kills Loulan: The Ukrainian Army Regained 400 Square Kilometers Of The Southern Line And Liberated The Entire Dnipro Oblast.

Hard Drive Mining Causes Shortages. How Much Do You Know About The Principles Of Bitcoin Mining?

A Hunan Bride Responded To Her Father’s Wedding Gift Refund Of 188,000 Yuan: She Understands Her Husband’s Financial Difficulties

Bitcoin Plunged 45%, Like Apple In 2013, The Valley Of Despair May Last Seven Years

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