Cryptocurrency mining guide: The ultimate guide to understanding Bitcoin, Ethereum, Litecoin, Monero, Zcash mining technologies

By Alan T. Norman

The Best Ultimate Guide to Cryptocurrency/Altcoin mining.

I will be walking your thew all the necessary information you need to be aware of to start mining crypto currencies. We will be looking at the hardware required, how long it will take to get your Return over input.

This book explains to you about cryptocurrency mining from its very basics. Initially, you will learn about all the different terminologies associated with the mining process. It includes the description of Blockchain, hardware wallet, signature, cryptography etc. You will also be explained about the types of mining on the basis of different parameters such as hardware and number of people involved in the mining process.

You will be briefed about the hardware components required for a cryptocurrency mining setup. You'll be shown how to connect the components and a step by step implementation of the mining process will then be explained using Linux commands.

That book fits for anyone who is interested to know what Cryptocurrency mining actually is.

• Language: English
• Publisher: Maxim Demura
• Release date: Sep 29, 2017

Book preview

Author

Bitcoin, Ethereum, and Beyond: What’s in This Guide

Welcome to the ultimate guide for beginner cryptocurrency miners. If you’re new to cryptocurrencies and want to start mining, this is the guide for you. Perhaps you’re just curious about how cryptocurrencies are produced and how they work? This is also a great primer.

So many resources online about the Blockchain and cryptocurrencies are incredibly difficult to understand. The industry has filled with technical details, jargon, and abbreviations that can be difficult for the new miner to decipher. This guide is written with the beginner in mind, and we’ll keep the technical jargon out of it while introducing the acronyms and abbreviations you’ll need to know one at a time.

How to Get Started with Cryptocurrency Mining

Welcome to mining. Cryptocurrencies rely on individuals offering up computing power in order to continue functioning, so thanks for contributing. By becoming a miner, you’re supporting the entire blockchain and cryptocurrency community. You also stand to make money in exchange for the service you’re giving to the community, and, while some people are hobbyist miners, the money is what attracts most people to mining.

To get started mining, you’ll need this guide, but you’ll also need to read much more. As you consider specific options for

building your mining computer (a rig, as it’s known in the industry), you’ll want to do research on other miners using those precise components. You’ll also need to research the software you’ll need and the potential pools you can join. But we’ll talk about that in a future section of this guide.

You’ll also need some money saved up to invest in your first mining rig. Depending on how efficient of a machine you want to build, this could mean thousands of dollars. Efficiency is the most important factor when it comes to making money from mining.

Reviews for Cryptocurrency mining guide

[Samuel Gochhayat · Rating: 5 out of 5 stars]

Its good a book that give you full of potential I really