Cryptocurrency Mining for Dummies
- 5h 58m
- Peter Kent, Tyler Bain
- John Wiley & Sons (US)
- 2020
Find out the essentials of cryptocurrency mining
The cryptocurrency phenomenon has sparked a new opportunity mine for virtual gold, kind of like the prospectors of a couple centuries back. This time around, you need some tech know-how to get into the cryptocurrency mining game.
This book shares the insight of two cryptocurrency insiders as they break down the necessary hardware, software, and strategies to mine Bitcoin, Ethereum, Monero, LiteCoin, and Dash. They also provide insight on how to stay ahead of the curve to maximize your return on investment.
- Get the tech tools and know-how to start mining
- Pick the best cryptocurrency to return your investment
- Apply a sound strategy to stay ahead of the game
- Find cryptocurrency value at the source
From the basics of cryptocurrency and blockchain to selecting the best currency to mine, this easy-to-access book makes it easy to get started today!
About the Authors
Peter Kent is a longtime technology author who also created the online course Crypto Clear: Bitcoin & Cryptocurrency Made Simple. Tyler Bain is a professional engineer who specializes on the electrical grid. He is also a Certified Bitcoin Professional who focuses on system resiliency and mining mechanics.
In this Book
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Introduction
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Cryptocurrency Explained
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Understanding Cryptocurrency Mining
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Building Blocks—The Transaction’s Journey to the Blockchain
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Exploring the Different Forms of Mining
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The Evolution of Mining
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The Future of Cryptocurrency Mining
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Mining Made Simple—Finding and Preparing a Pool Account
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Picking a Cryptocurrency to Mine
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Gathering Your Mining Gear
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Setting up Your Mining Hardware
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Running the Numbers—Is it Worth it?
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Reducing Negatives and Gaining an Edge
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Running Your Cryptocurrency Business
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Ten or So Tips for When the Market Dips
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Ten Ways to Boost ROI
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Ten Types of Cryptocurrency Resources
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Ten Criticisms of Cryptocurrencies and Mining
