Legendary fish

加密大掌门 · 2024-01-31T10:34:05.000Z

In the currency circle, there is no shortage of myths about getting rich overnight, nor is there a shortage of tragedies of falling into poverty overnight. After getting rich overnight, one returns to poverty overnight. If one can turn around and become rich again, he will definitely become a big shot in the currency circle. Mao Shixing is known as the "Sacred Fish" in the currency circle. Ten years in the currency circle seems like a hundred years in the world. At the age of 21, he first learned about Bitcoin. At the age of 23, he made 100 million yuan. At the age of 25, he returned to zero overnight. At the age of 26, he started again, but missed an opportunity to make a huge profit of 2.6 billion. Now he has reached the top again and has reached the beginning of his life again. During these ten years, he seemed to have lived a lifetime. In this life, he deeply saw the greed and fear in human nature. He experienced the sudden wealth and was overwhelmed. He saw others return to poverty overnight and jump off the building. Committing suicide, Mao Shixing has always shown a maturity that is not commensurate with his age. This currency circle boss is only a post-90s generation. Back in 2011, 21-year-old Mao Shixing was a sophomore at Beijing University of Chemical Technology, majoring in communications engineering. Two years ago, Mao Shixing was independently selected and admitted to Beijing University of Chemical Technology as a Henan candidate. One afternoon, when Mao Shixing had nothing to do, he went to the library to kill time online. He saw a message that the price of Bitcoin exceeded 1 US dollar. At first, he didn't pay special attention to it; it seemed that God was knocking on the door intentionally. Hours later, Mao Shixing saw another piece of news about the rise of Bitcoin. Mao Shixing's interest in what Bitcoin is was immediately aroused. When he learned that Bitcoin is a decentralized digital currency that can solve the double payment problem in the value transfer process through encryption technology, Mao Shixing seemed to have discovered A whole new world. From that day on, Mao Shixing stayed in the dormitory all day, skipping classes, and even asked his classmates to pack his meals and bring them back, spending day and night in the earliest foreign Bitcoin forum. In that forum, he saw Satoshi Nakamoto and his team interacting with members in the 763 community. Mao Shixing stayed in the dormitory for three months as if he was possessed by a man possessed. His classmates all thought that Mao Shixing was possessed by fire and shook their heads, thinking that he had no future. However, the genius had a different idea. Mao Shixing felt that this was a way to change the future pattern. technology, your life may be reshuffled as a result.That year, the price of Bitcoin rose all the way to $30. There are only two ways to obtain Bitcoin, either buying it in the market or mining. As a science and engineering student who lacks sensitivity to price trends, Mao Shixing believes that he is not suitable for currency speculation, so mining has become his must choice. the road. After choosing the appropriate direction, Mao Shixing devoted himself to researching various Bitcoin mining technologies and in-depth learning of mining hardware technology. At the beginning of 2012, Mao Shixing bought several graphics card mining machines and started mining officially. By the end of the year, he purchased a large number of 5870 graphics cards and deployed more than 20 mining machines at home. He worked day and night. Soon, Mao Shixing would mine out The coins were sold and cashed in for more than 1 million. Picture In 2013, Mao Shixing, who had just entered the first year of graduate school, still wanted to devote himself to mining work. So, he spent several months explaining it clearly to his father. After obtaining the consent of his parents about the technology and future of Bitcoin, as well as the job he wanted to do, Mao Shixing took a leave of absence from school and officially founded China's first Bitcoin mining pool - F2Pool, known as F2Pool in the currency circle. China’s mighty mining army was thus born, and a computing power war shifted from the United States to China. 2013 is known as the first year of Bitcoin. The rising price has caused a large number of people to flood into the mining circle. At that time, there was not a stable mining pool in China, and most of the miners were stragglers. This was a once-in-a-lifetime opportunity for Mao Shixing. At that time, most foreign mining pools adopted the PPLNS mining revenue distribution model, and the mining pools were based on the actual conditions of the miners. Contribution to distribute the controlled coins. For miners, there are too many uncertain factors. Luck, network stability, and mining pool technology will all affect miners’ profits. What’s worse is that this is a black box that miners have no control over. The method is to calculate how much contribution you have made. Everything is decided by the mining pool. When Mao Shixing established the mining pool, he adopted an innovative PPS distribution model. The miners allocate the income according to the theoretical difficulty. All other factors are borne by the fish pool. If Because the network is unstable and the technology is backward, the output of Bitcoin is lower than the theoretical output, and the shortfall is filled by the fish pond. This is undoubtedly a very friendly distribution model for miners, and everyone can calculate their own profits clearly. What impresses the miners is that F2Pool distributes profits 24 hours a day, eliminating miners’ worries about the risk of the mining pool running away.Even if Yuchi runs away, it will only be a loss of one day's profit, and the risk is controllable. At first, the mining pool lost thousands of Bitcoins, investors chose to withdraw their capital, and Mao Shihang had to temporarily shut down the mining pool. On July 16, 2013, Mao Shixing issued a notice to miners: Due to insufficient Bitcoin reserves, miners must not be stopped, and miners were asked to withdraw from the mining pool at 16:00 on the 16th and transfer to other mining pools. At the appointed time, there were still many miners who stayed in the fish pond and refused to leave. Their reason was: I have mined in many mining pools, and only Shenyu is the most reputable mine owner. Mao Shixing was very moved, and in order to live up to his trust, For his miner, he gritted his teeth and advanced more than 3,000 Bitcoins to go in and spent the most difficult time. That year, the price of Bitcoin rose to more than 700 US dollars, and every day, there were millions more RMB in Mao Shixing's account. One day, he suddenly realized that his wealth had reached 100 million. So he called his former richest classmate and asked his classmate: Now that I have 100 million, I don’t know what to do with this wealth. , what would you do if you had so much money? This rich classmate replied to him: I will have 100 million when I am born, and I don’t have to do anything. As confused as Mao Shixing, there are also friends who are early adopters of Bitcoin like him. Watching the wealth expand, people also expand. Stimulated by the sudden wealth, everyone became excited. Some friends said they wanted to buy the China World Trade Center and put a Bitcoin LOGO on the building. Some people said they wanted to go to a hotel and smash it up. Some friends had enough money to Sorry; there are some friends who held a party in a hotel and got so excited that they crashed the hotel. The wealth effect of Bitcoin continues to attract new people to the market. They have no faith in technology and just want to come in and make a quick buck. In 2014, Bitcoin entered a bear market and the mining industry entered a period of mining disasters. On May 8 of that year, Mao Shixing married his girlfriend, whom he met in the Bitcoin QQ group. At noon on the day of the wedding registration, Mao Shixing did not buy a diamond ring. Instead, he gave his wife 25 bitcoins from a block mined by a mining machine. He specially prepared a wallet address starting with "ILoveYou" and left in the transaction information of this block: "With one hand, we grow old together.""Sacred Fish to Dongdong" information. This information is forever written into the block, and no one can change it. As long as Bitcoin is still there, the network is still there, and human civilization is still there, this oath will last forever. This is a zone The romance unique to men with blockchain technology. The Bitcoin mining disaster did not end with the happy event of Mao Shixing’s marriage. On the contrary, a wrong decision brought a devastating blow to them. In 2015, the long bear market of Bitcoin caused Mao Shi Walking to the edge of collapse, many familiar friends around him, those who were once arrogant, some jumped off the building and committed suicide, while others disappeared quietly and never appeared again. Mao Shixing could no longer hold on. I had to close the company, pull a large number of mining machines, and return to my hometown. This was Mao Shixing’s first clearing. After the big rise, he immediately entered the big fall, and ordinary people may never get up again. Mao Shixing also tried to adapt to the currency circle In his life outside the home, he read a lot of books while resting at home. Many people advised him to study for a few more years. He also tried to get a job developing games, but within a month, he couldn't continue working. In 2016, the Bitcoin market began to slowly pick up, and Mao Shixing heard his inner call. That year, he returned to Beijing and continued to operate his mining pool. At the beginning of 2016, Ethereum had just entered people’s sight, and Mao Shixing’s Yuchi launched the Ethereum mining pool. One day, Mao Shixing had accumulated nearly 100,000 Ethereums. When each one was 20 yuan, he sold them all and made about 2 million yuan. He was very excited. I told my wife about this and she was very happy to hear it. However, looking back now, the Ethereum that Mao Shixing sold at that time is now worth 2 billion. This 26-year-old boss missed a huge profit of 20 billion opportunity

In the cryptocurrency circle, there is never a shortage of myths of getting rich overnight, nor a shortage of tragedies of falling back into poverty overnight; after becoming rich overnight, falling back into poverty overnight, if one can turn around and become rich again, he or she will definitely become a big shot in the cryptocurrency circle.
Mao Shixing, known as the "Divine Fish" in the cryptocurrency circle, has been in the cryptocurrency circle for ten years, which feels like a hundred years in the human world.
He first learned about Bitcoin at the age of 21, made 100 million at the age of 23, lost everything at the age of 25, started over at the age of 26, but missed a chance to make 2.6 billion. Now he has reached the top again and is back to the peak of his life.
During these ten years, he seemed to have lived a lifetime. In this life, he deeply saw the greed and fear in human nature. He experienced sudden wealth and was at a loss. He saw others fall into poverty overnight and commit suicide by jumping off buildings. Mao Shixing has always shown a maturity that is disproportionate to his age. This big boss in the currency circle is still a post-90s.
Back in 2011, 21-year-old Mao Shihang was a sophomore at Beijing University of Chemical Technology, majoring in communications engineering. Two years ago, Mao Shihang was selected and admitted by Beijing University of Chemical Technology as a candidate from Henan.
One afternoon, Mao Shixing, who had nothing to do, went to the library to surf the Internet to kill time. He saw a news report that the price of Bitcoin had exceeded 1 US dollar. At first, he did not pay much attention to it; it seemed that God was knocking on the door intentionally. Within half an hour, Mao Shixing saw another news report about the rise of Bitcoin.
Mao Shixing's interest in what Bitcoin is was immediately aroused. When he learned that Bitcoin is a decentralized digital currency that can solve the double payment problem in the process of value transfer through encryption technology, Mao Shixing seemed to have discovered a whole new world.
From that day on, Mao Shixing stayed in the dormitory all day, did not go to classes, and even asked his classmates to pack his meals and bring them back. He spent day and night in the earliest Bitcoin forum abroad.
In that forum, he saw Satoshi Nakamoto and his team interacting with members in the 763 community.
Mao Shixing stayed in the dormitory for three months like a possessed man. His classmates thought that Mao Shixing was obsessed and shook their heads, thinking that he had no future. However, geniuses think differently. Mao Shixing felt that this was a technology that would change the future and his life might be reshuffled because of it.
That year, the price of Bitcoin rose to $30. There are only two ways to get Bitcoin: either buy it in the market or mine it. As a science and engineering student, Mao Shixing lacked price sensitivity and thought he was not suitable for cryptocurrency speculation. Mining became his only choice. After choosing the right direction, Mao Shixing devoted himself to studying various Bitcoin mining technologies and deeply learned mining hardware technology.
In early 2012, Mao Shixing bought several graphics card mining machines and started mining. By the end of the year, he bought a large number of 5870 graphics cards and deployed more than 20 mining machines at home, working day and night. Soon, Mao Shixing sold the coins he mined and cashed in more than 1 million.
picture
In 2013, Mao Shihang, who was just in his first year of graduate school, still wanted to devote himself to mining.
So, he spent several months explaining to his father the technology and future of Bitcoin, as well as the job he wanted to do. After obtaining his parents' consent, Mao Shixing applied for a leave of absence from school and officially founded China's first Bitcoin mining pool - F2Pool, known as FishPool in the currency circle. China's mighty mining army was born, and a battle of computing power shifted from the United States to China. 2013 is known as the first year of Bitcoin, and the rising price has attracted a large number of people to the mining circle.
At that time, there was no stable mining pool in China, and most miners were scattered. This was a golden opportunity for Mao Shihang. At that time, most foreign mining pools adopted the PPLNS mining income distribution model. The mining pool distributed the controlled coins according to the actual contribution of the miners. For miners, there were too many uncertain factors. Luck, network stability, and mining pool technology would affect the miners' income. What's worse, it was a black box. Miners had no way to calculate how much they had contributed. Everything was decided by the mining pool. When Mao Shihang established the mining pool, he adopted the innovative PPS distribution model. Miners distributed income according to the theoretical difficulty, and all other factors were borne by the fish pool. If the output of Bitcoin was lower than the theoretical output due to unstable network and backward technology, the fish pool would fill the gap. This was undoubtedly a very friendly distribution model for miners. Everyone could calculate their own income. What impressed the miners even more was that the fish pool distributed income within 24 hours, eliminating the risk of miners worrying about the mining pool running away. Even if the fish pool ran away, it would only lose one day's income, and the risk was controllable. At first, the mining pool lost thousands of bitcoins, and investors chose to withdraw their capital, so Mao Shihang had to temporarily shut down the mining pool. On July 16, 2013, Mao Shihang issued a notice to miners: Due to insufficient bitcoin reserves, miners must not be stopped, and miners were asked to withdraw from the mining pool at 16:00 on the 16th and move to other mining pools.
When the appointed time came, there were still many miners who stayed in the fish pond and were unwilling to leave. Their reason was: I have mined in many mining pools, and only Shenyu is the most reputable miner. Mao Shixing was very moved. In order not to disappoint the miners who trusted him, he gritted his teeth and paid more than 3,000 bitcoins himself to get through the most difficult time.
That year, the price of Bitcoin rose to more than 700 US dollars, and several million RMB were added to Mao Shihang's account every day.
One day, he suddenly realized that his wealth had reached 100 million yuan. So, he called his former richest classmate and asked him: I now have 100 million yuan, and I don’t know how to deal with this wealth. If you have so much money, what would you do? The rich classmate replied: I was born with 100 million yuan, so I don’t have to do anything. Mao Shixing was as confused as others who were early investors in Bitcoin. His friends around him also became more excited as they watched their wealth expand. Stimulated by the sudden wealth, everyone became excited.
Some friends said they wanted to buy the China World Trade Center and put a Bitcoin logo on the building. Some said they wanted to go to the hotel and destroy it. Some people had money to compensate them. Some friends actually had a party in the hotel and destroyed the hotel because they were too excited.
The wealth effect of Bitcoin continues to attract new entrants who have no faith in technology and just want to make a quick buck.
In 2014, Bitcoin entered a bear market and the mining circle entered a period of mining disasters. On May 8 of that year, Mao Shixing married his girlfriend, whom he met in a Bitcoin QQ group. At noon on the day of the marriage registration, Mao Shixing did not buy a diamond ring, but gave his wife 25 bitcoins from a block dug by a mining machine. He specially prepared a wallet address starting with "ILoveYou" and left the message "One hand, grow old with you. Shenyu to Dongdong" in the transaction information of this block. This information is written into the block forever and no one can change it. As long as Bitcoin, the Internet, and human civilization are still there, this oath will last forever. This is the unique romance of a man with blockchain technology. The Bitcoin mining disaster did not end with Mao Shixing's wedding. On the contrary, a wrong decision brought them a devastating blow.
In 2015, the long bear market of Bitcoin pushed Mao Shixing to the brink of collapse. Many of his familiar friends, who had once been so arrogant, committed suicide by jumping off buildings, while others disappeared quietly and never appeared again.
Mao Shixing could no longer hold on and had to close the company and return to his hometown with a large number of mining machines.
This was the first time that Mao Shihang had zeroed out. After the big rise, he immediately entered a big fall. Most people might never get up again. Mao Shihang also tried to adapt to life outside the cryptocurrency circle. During the time he was resting at home, he read a lot of books. Many people advised him to study for a few more years. He also tried to work on developing games, but within a month, he couldn't do it anymore. In 2016, the Bitcoin market began to slowly pick up, and Mao Shihang heard the call of his heart. That year, he returned to Beijing and continued to run his mining pool. In early 2016, Ethereum had just come into people's attention, and Mao Shihang's Fish Pool launched the Ethereum mining pool.
One day, Mao Shixing had accumulated nearly 100,000 Ethereums. He sold them all at 20 yuan each and made about 2 million yuan. He excitedly told his wife about it, and his wife was also very happy. However, looking back now, the Ethereum that Mao Shixing sold at that time is now worth 2 billion. This 26-year-old boss missed a chance to make a huge profit of 2 billion.

Legendary fish

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