Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. For beginner bitcoin enthusiasts, mining for BTC can be overwhelming. This guide outlines, in nuanced detail, the exact steps one needs to create a bitcoin mining rig, including hardware and software, complete with pictures, analytics and tables. This book will show you how to go from 0 to 100 by providing detailed step by step instructions on how to set up a bitcoin mining rig for under $99. You will have a fully functioning mining rig connected to a mining pool with a bitcoin wallet. You will understand the mechanics of profit and loss when building a mining rig and most importantly, you will have the framework and knowledge needed to create a PROFITABLE bitcoin mining rig for under $99.This step-by-step guide to building your own bitcoin mining rig and creating passive income includes: * Recommended hardware selection with step by step setup* Required software binaries and step by step installation guide* Network configuration and remote access* How to identify the ideal bitcoin wallet and recommended mining pool* Setting up your newly built mining rig to a mining pool* Calculating profitability including electricity and mining pool feesEnjoy feeling of passive income while you BTC in your sleep!
Learn the ins and outs of Bitcoin so you can get started today Bitcoin For Dummies is the fast, easy way to start trading crypto currency, with clear explanations and expert advice for breaking into this exciting new market. Understanding the mechanisms and risk behind Bitcoin can be a challenge, but this book breaks it down into easy-to-understand language to give you a solid grasp of just where your money is going. You'll learn the details of Bitcoin trading, how to set up your Bitcoin wallet, and everything you need to get started right away. An in-depth discussion on security shows you how to protect yourself against some of the riskier aspects of this open-source platform, helping you reduce your risks in the market and use Bitcoin safely and effectively. Bitcoin uses peer-to-peer technology to operate with no central authority or banks, with transaction management and issuing of Bitcoins carried out collectively by the network. Bitcoin allows easy mobile payments, fast international payments, low- or no-fee transactions, multi-signature capabilities, and more, but the nuances of the market can be difficult to grasp. This informative guide lays it all out in plain English, so you can strengthen your understanding and get started now. Understand the ins and outs of the Bitcoin market Learn how to set up your Bitcoin wallet Protect yourself against fraud and theft Get started trading this exciting new currency The Bitcoin market is huge, growing quickly, and packed with potential. There's also some risk, so you need to go in fully informed and take steps to manage your risk wisely. Bitcoin For Dummies is the clear, quick, easy-to-follow guide to getting started with Bitcoin.
This handbook equips academics, practitioners, and students with an understanding of the cutting-edge developments and applications of emerging blockchain technology. Covering the basic concepts while showcasing practical applications in intricate real-world situations, readers benefit from a useful balance of detailed and user-friendly coverage.
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!
How to get your start in Bitcoin investing or mining. Here You will learn the tools of the trade and be shown how to use them on an entry level. I want people to know how to use these tools to benefit themselves. IT is not that hard to get into mining, but it is an investment to get into. The world of Cryptocurrency is hard and ever changing, but it is a good thing to know. So welcome to the first class on Cryptocurrency. Get your copy today, Join the boom
Learn the skills to get in on the crypto craze The world of cryptocurrency includes some of the coolest technologies and most lucrative investments available today. And you can jump right into the middle of the action with Cryptocurrency All-in-One For Dummies, a collection of simple and straightforward resources that will get you up to speed on cryptocurrency investing and mining, blockchain, Bitcoin, and Ethereum. Stop scouring a million different places on the web and settle in with this one-stop compilation of up-to-date and reliable info on what's been called the "21st century gold rush." So, whether you're just looking for some fundamental knowledge about how cryptocurrency works, or you're ready to put some money into the markets, you'll find what you need in one of the five specially curated resources included in this book. Cryptocurrency All-in-One For Dummies will help you: Gain an understanding of how cryptocurrency works and the blockchain technologies that power cryptocurrency Find out if you're ready to invest in the cryptocurrency market and how to make smart decisions with your cash Build a cryptocurrency mining rig out of optimized and specifically chosen computing hardware Dive into the details of leading cryptocurrencies like Bitcoin and Ethereum Perfect for anyone curious and excited about the potential that's been unlocked by the latest in cryptocurrency tech, this book will give you the foundation you need to become a savvy cryptocurrency consumer, investor, or miner before you know it.
Understanding the Basics About Bitcoin & Other Cryptocurrencies is the "Beginner's Go-To-Guide for Understanding Cryptocurrency" and is intended to be used as a manual/handbook. It first lays the... More > necessary foundational information about Bitcoin and other cryptocurrencies so that you will have enough understanding to build on as you follow the step-by-step instructions for setting up your crypto wallets, to purchasing your first cryptocurrencies, to safely storing them. As you read through this beginner's guide, you will find that the FAQ’s thoughtfully consider and address the questions that most newbies have when getting started and is mindful of the newbie who may not be so savvy when it comes to learning new technologies. This Beginner's Guide is written to be the first most comprehensive book to understanding the basics about cryptocurrency that provides a simplified explanation of how to get started with step-by-step instructions.
Untangle the steps to mine crypto, including new coins and services The cryptocurrency market moves quickly and miners and investors need the latest information to stay ahead of the game. This edition of Cryptocurrency Mining For Dummies has the insight you need to get started with mining. You'll learn what goes into building a mining rig that can complete cryptocurrency transactions and reap the rewards in the form of new coin. You also discover how to join existing mining programs. Whatever your crypto goals, Dummies will make it easy for you to understand, engage in, and invest in mining. You'll even get an up-to-date primer on the evolving legal situation and an idea of what to expect in the future of crypto. Understand the basics of mining cryptocurrency and get started with your own mining operation Explore the latest cryptocurrencies and mining services so you can mine your own or invest wisely Get involved in crypto mining with the hardware you already have, or build a new, powerful mining machine Become an expert on the latest mining trends so you can identify new ways to profit in the crypto space With this book, you've got insider advice on choosing which cryptos to mine, riding out market fluctuations, creating pool accounts, and more. There's no time like the present to get started with crypto mining.
If 2017 was the tantalizing year of ICO for crypto projects fundraising, the year 2020 was the booming year of DeFi and it continues to gather tremendous momentum in the first quarter of 2021. Incumbents are constantly being challenged by new players that have been emerging everywhere. Indeed, DeFi yield farming and liquidity mining have become the most popular buzzwords among crypto communities. To most people, the term yield farming sounds like jargon but it is simply an activity that uses cryptoassets to maximize return on those assets, not unlike putting your money in a bank to earn interest. Though the concept seems simple enough to understand, the process of yield farming can be complicated for newbies. Therefore, my mission with this book is to help you understand yield farming as well as how to use all major yield farming platforms to maximize return on your digital assets.
Gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques About This Book Learn how to use the advanced features of Bitcoin wallets Set up your Bitcoin mining operations to mine with efficiency Explore what the future holds for mining and blockchains in this pragmatic guide Who This Book Is For If you have never mined before, this book will ensure that you know what mining is all about. If you are familiar with Bitcoin mining, then it will help you to optimize your mining operations at a deeper level. A basic understanding of computers and operating systems is assumed, and some familiarity with cryptocurrency basics would be an added advantage. What You Will Learn Get introduced to Bitcoin mining from the ground up Find out about mining software and the different types of mining hardware Master setup techniques to enable efficient mining Examine the pros and cons of the different types of mining hardware Deduce the differences between solo and pool mining Take a peek into professional mining farms Explore the future of mining and blockchain-based applications In Detail Blockchain is being billed as the technology of the future. Bitcoin is the first application of that technology. Mining is what makes it all possible. Exploring mining from a practical perspective will help you make informed decisions about your mining setup. Understanding what the future may hold for blockchains, and therefore for mining, will help you position yourself to take advantage of the impending changes. This practical guide starts with an introduction to Bitcoin wallets, as well as mining hardware and software. You will move on to learn about different mining techniques using the CPU, GPU, FPGA, and ultimately the ASIC as an example. After this, you will gain an insight into solo mining and pool mining, and see the differences between the two. The book will then walk you through large-scale mining and the challenges faced during such operations. Finally, you will take a look into the future to see a world where blockchain-based applications are commonplace and mining is ubiquitous. Style and approach This is a practical guide that includes detailed step-by-step instructions and examples on each essential concept of Bitcoin mining.
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Keeping up with fast evolving technology is a challenge that every business leader faces. As organisations start to wake up to the Fourth Industrial Revolution, it’s becoming more important than ever to be able to utilise and exploit new digital platforms. With the simple aim of demystifying blockchain for business leaders, The Executive Guide to Blockchain offers a jargon-free explanation and framework to better understand blockchain technologies and their impact on organizations. Enabling any business leader with or without specific computing knowledge to reap the benefits of blockchain whilst understanding the limitations, this book will empower you to: Identify opportunities for blockchain in your own business sectors Understand smart contracts and their relationship with the law Create a blockchain strategy and business case Implement blockchain technologies and maximise their potential. Written by experts in non-technical language, this practical resource can be applied to any industry, and arm you with the knowledge needed to capture the possibilities of digital business.
