{"product_id":"cryptocurrency-mining-for-dummies-isbn-9781119885368","title":"Cryptocurrency Mining For Dummies","description":"\u003cp\u003e\u003cb\u003eUntangle the steps to mine crypto, including new coins and services\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe cryptocurrency market moves quickly and miners and investors need the latest information to stay ahead of the game. This edition of \u003ci\u003eCryptocurrency Mining For Dummies\u003c\/i\u003e 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, \u003ci\u003eDummies\u003c\/i\u003e 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.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eUnderstand the basics of mining cryptocurrency and get started with your own mining operation\u003c\/li\u003e \u003cli\u003eExplore the latest cryptocurrencies and mining services so you can mine your own or invest wisely\u003c\/li\u003e \u003cli\u003eGet involved in crypto mining with the hardware you already have, or build a new, powerful mining machine\u003c\/li\u003e \u003cli\u003eBecome an expert on the latest mining trends so you can identify new ways to profit in the crypto space\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith 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.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 1\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 2\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 2\u003c\/p\u003e \u003cp\u003eBeyond the Book 3\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 3\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Getting Started with Cryptocurrency Mining 5\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Cryptocurrency Explained 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA Short History of Digital Dollars 8\u003c\/p\u003e \u003cp\u003eFirst, take the Internet 8\u003c\/p\u003e \u003cp\u003eAdd credit card confusion 8\u003c\/p\u003e \u003cp\u003eAdd a dash of David Chaum 9\u003c\/p\u003e \u003cp\u003eResult? DigiCash, E-Gold, Millicent, CyberCash, and More 10\u003c\/p\u003e \u003cp\u003eThe Bitcoin white paper 10\u003c\/p\u003e \u003cp\u003eBitcoin: The first blockchain app 11\u003c\/p\u003e \u003cp\u003eWho (or what) is Satoshi Nakamoto? 12\u003c\/p\u003e \u003cp\u003eWhat’s the Blockchain? 13\u003c\/p\u003e \u003cp\u003eBlockchain around the world — the blockchain network 13\u003c\/p\u003e \u003cp\u003eHashing: “Fingerprinting” blocks 14\u003c\/p\u003e \u003cp\u003eBlockchain is “immutable” 15\u003c\/p\u003e \u003cp\u003eWhere’s the Money? 16\u003c\/p\u003e \u003cp\u003eWhat’s the Crypto in Cryptocurrency? 18\u003c\/p\u003e \u003cp\u003ePublic Key Encryption Magic 20\u003c\/p\u003e \u003cp\u003eMessages to the blockchain 21\u003c\/p\u003e \u003cp\u003eSigning messages with the private key 22\u003c\/p\u003e \u003cp\u003eThe blockchain address — your money’s home 22\u003c\/p\u003e \u003cp\u003eSending a transaction message 23\u003c\/p\u003e \u003cp\u003eUnraveling the message 24\u003c\/p\u003e \u003cp\u003eThe Basic Components of Cryptocurrency 25\u003c\/p\u003e \u003cp\u003eWhat’s in a wallet? 25\u003c\/p\u003e \u003cp\u003ePrivate keys create public keys 26\u003c\/p\u003e \u003cp\u003ePublic keys create blockchain addresses 26\u003c\/p\u003e \u003cp\u003eThe private key controls the address 26\u003c\/p\u003e \u003cp\u003eWhere Does Crypto Come From? The Crypto Mines (Sometimes) 27\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Understanding Cryptocurrency Mining 29\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding Decentralized Currencies 30\u003c\/p\u003e \u003cp\u003eExploring the Role of the Crypto Miner 31\u003c\/p\u003e \u003cp\u003eMaking Cryptocurrency Trustworthy 32\u003c\/p\u003e \u003cp\u003eReaching Agreement through Consensus Algorithms 34\u003c\/p\u003e \u003cp\u003eLooking at the Cryptocurrency Miner 35\u003c\/p\u003e \u003cp\u003eMaking the Crypto World Go ‘Round 37\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Building Blocks: The Transaction’s Journey to the Blockchain 39\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Cryptocurrency Network 40\u003c\/p\u003e \u003cp\u003eSubmitting Transactions 44\u003c\/p\u003e \u003cp\u003eLooking at transaction fees 44\u003c\/p\u003e \u003cp\u003eChange address 46\u003c\/p\u003e \u003cp\u003eVerifying the transaction 47\u003c\/p\u003e \u003cp\u003eCompeting for Bitcoin, the ten-minute contest 48\u003c\/p\u003e \u003cp\u003eWinning the Bitcoin 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Exploring the Different Forms of Mining 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProof-of-Work Algorithms 53\u003c\/p\u003e \u003cp\u003eProof-of-work applications 55\u003c\/p\u003e \u003cp\u003eProof-of-work examples 56\u003c\/p\u003e \u003cp\u003eUpsides 58\u003c\/p\u003e \u003cp\u003eDownsides 59\u003c\/p\u003e \u003cp\u003eProof-of-Stake Algorithms 60\u003c\/p\u003e \u003cp\u003eProof of stake explained 60\u003c\/p\u003e \u003cp\u003eProof-of-stake selections 62\u003c\/p\u003e \u003cp\u003ePoS example cryptocurrencies 63\u003c\/p\u003e \u003cp\u003eUpsides 64\u003c\/p\u003e \u003cp\u003eDownsides 64\u003c\/p\u003e \u003cp\u003eHybrid Proof of Stake\/Proof of Work 65\u003c\/p\u003e \u003cp\u003eHybrids explained 66\u003c\/p\u003e \u003cp\u003eHybridized examples 68\u003c\/p\u003e \u003cp\u003eUpsides 68\u003c\/p\u003e \u003cp\u003eDownsides 69\u003c\/p\u003e \u003cp\u003eDelegated Proof of Stake 69\u003c\/p\u003e \u003cp\u003eDelegated Byzantine Fault Tolerance 69\u003c\/p\u003e \u003cp\u003eProof of Burn 70\u003c\/p\u003e \u003cp\u003eAnd More 71\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: the Evolution of Cryptocurrency Mining 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: The Evolution of Mining 75\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProof of Work Mining Evolution 76\u003c\/p\u003e \u003cp\u003eCPU mining 76\u003c\/p\u003e \u003cp\u003eAdoption of GPUs 76\u003c\/p\u003e \u003cp\u003eRise of the FPGAs 77\u003c\/p\u003e \u003cp\u003eDominance and efficiency of ASICs 77\u003c\/p\u003e \u003cp\u003eThe Days of Solo Mining 79\u003c\/p\u003e \u003cp\u003ePool Mining 80\u003c\/p\u003e \u003cp\u003eWhat is a mining pool? 80\u003c\/p\u003e \u003cp\u003eChoosing a pool 81\u003c\/p\u003e \u003cp\u003ePros and cons of pool mining 82\u003c\/p\u003e \u003cp\u003eCloud Mining 83\u003c\/p\u003e \u003cp\u003ePool mining versus cloud mining 84\u003c\/p\u003e \u003cp\u003ePros and cons of cloud mining 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: The Future of Cryptocurrency Mining 85\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIncentivization of Energy Exploration 85\u003c\/p\u003e \u003cp\u003eUnderutilized hydroelectric dams 86\u003c\/p\u003e \u003cp\u003eOil and gas flaring 87\u003c\/p\u003e \u003cp\u003eContinued Computational Efficiency Improvements 88\u003c\/p\u003e \u003cp\u003eDoing more with less 88\u003c\/p\u003e \u003cp\u003eApproaching the limits of physics 88\u003c\/p\u003e \u003cp\u003eCorporate and Nation State Participation 89\u003c\/p\u003e \u003cp\u003eNation states 89\u003c\/p\u003e \u003cp\u003eCorporations 91\u003c\/p\u003e \u003cp\u003eFuture speculation 91\u003c\/p\u003e \u003cp\u003eThe Mythical Miner Death Spiral 92\u003c\/p\u003e \u003cp\u003eBlock difficulty 93\u003c\/p\u003e \u003cp\u003eBlock difficulty adjustment algorithm 93\u003c\/p\u003e \u003cp\u003eMiners of last resort 95\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Becoming a Cryptocurrency Miner 97\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Mining Made Simple: Finding a Pool and Preparing an Account 99\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUnderstanding How Pool Mining Works 100\u003c\/p\u003e \u003cp\u003eChoosing a Pool 102\u003c\/p\u003e \u003cp\u003ePools that are good starting points 103\u003c\/p\u003e \u003cp\u003eA few of the largest pools 103\u003c\/p\u003e \u003cp\u003eIncentives and rewards 105\u003c\/p\u003e \u003cp\u003ePool ideology 108\u003c\/p\u003e \u003cp\u003ePool reputation 108\u003c\/p\u003e \u003cp\u003ePool fees 110\u003c\/p\u003e \u003cp\u003ePool percentage of the total network 110\u003c\/p\u003e \u003cp\u003eSetting Up a Pool Account 113\u003c\/p\u003e \u003cp\u003eServer choice 113\u003c\/p\u003e \u003cp\u003eMining equipment pool settings 113\u003c\/p\u003e \u003cp\u003ePayout addresses 114\u003c\/p\u003e \u003cp\u003ePayout thresholds 115\u003c\/p\u003e \u003cp\u003eResearching Mining Pools 115\u003c\/p\u003e \u003cp\u003eCloud Mining 116\u003c\/p\u003e \u003cp\u003eWorking with Cudo Miner 118\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Picking a Cryptocurrency to Mine 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDetermining Your Goal 124\u003c\/p\u003e \u003cp\u003eMineable? PoW? PoS? 126\u003c\/p\u003e \u003cp\u003eResearching Cryptocurrencies 127\u003c\/p\u003e \u003cp\u003eMining profitability comparison sites 127\u003c\/p\u003e \u003cp\u003eAlgorithms and cryptocurrencies 131\u003c\/p\u003e \u003cp\u003eThe cryptocurrency’s details page 138\u003c\/p\u003e \u003cp\u003eMining-profit calculators 140\u003c\/p\u003e \u003cp\u003eThe cryptocurrency’s home page 141\u003c\/p\u003e \u003cp\u003eGitHub 142\u003c\/p\u003e \u003cp\u003eThe cryptocurrency’s Wikipedia page 143\u003c\/p\u003e \u003cp\u003eMining forums 144\u003c\/p\u003e \u003cp\u003eGoing Deep 144\u003c\/p\u003e \u003cp\u003eLongevity of a cryptocurrency 144\u003c\/p\u003e \u003cp\u003eHash rate and cryptocurrency security 145\u003c\/p\u003e \u003cp\u003eCommunity support 146\u003c\/p\u003e \u003cp\u003eKnowing That Decentralization Is a Good Thing 148\u003c\/p\u003e \u003cp\u003eFinding Out It’s an Iterative Process 151\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Gathering Your Mining Gear 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSelecting the Correct Computational Mining Hardware 153\u003c\/p\u003e \u003cp\u003eSpecified hash rate 154\u003c\/p\u003e \u003cp\u003eSpecified power consumption 156\u003c\/p\u003e \u003cp\u003eEquipment cost and other considerations 161\u003c\/p\u003e \u003cp\u003eLength of time your hardware will be viable 162\u003c\/p\u003e \u003cp\u003eMining Equipment Manufacturers 164\u003c\/p\u003e \u003cp\u003eASIC rig producers 164\u003c\/p\u003e \u003cp\u003eMining container producers 165\u003c\/p\u003e \u003cp\u003eGPU rig producers 165\u003c\/p\u003e \u003cp\u003eFinding a Wallet to Store and Protect Your Private Keys 166\u003c\/p\u003e \u003cp\u003eWhere to Mine? Selecting a Viable Location 166\u003c\/p\u003e \u003cp\u003eVet your home for cryptocurrency mining 166\u003c\/p\u003e \u003cp\u003eCommunication requirements 167\u003c\/p\u003e \u003cp\u003ePower source thoughts 168\u003c\/p\u003e \u003cp\u003eData centers and other dedicated commercial locations 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Setting Up Your Mining Hardware 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eASIC Mining Rigs 175\u003c\/p\u003e \u003cp\u003eRacks 176\u003c\/p\u003e \u003cp\u003ePower supply 177\u003c\/p\u003e \u003cp\u003ePDUs 179\u003c\/p\u003e \u003cp\u003eNetwork and Ethernet connection 180\u003c\/p\u003e \u003cp\u003eA computer to control your rig 181\u003c\/p\u003e \u003cp\u003eGPU Mining Rigs 183\u003c\/p\u003e \u003cp\u003eGetting your GPU rig online 183\u003c\/p\u003e \u003cp\u003eBuilding your own GPU miner 185\u003c\/p\u003e \u003cp\u003eCPU Mining 195\u003c\/p\u003e \u003cp\u003eMining Software 196\u003c\/p\u003e \u003cp\u003ePool mining 196\u003c\/p\u003e \u003cp\u003eSolo mining 200\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: the Economics of Mining 201\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Running the Numbers: Is It Worth It? 203\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFactors That Determine Mining Profitability 204\u003c\/p\u003e \u003cp\u003eCost of equipment 204\u003c\/p\u003e \u003cp\u003eHash rate of your equipment 206\u003c\/p\u003e \u003cp\u003eMining rig efficiency 210\u003c\/p\u003e \u003cp\u003eCost of electricity 213\u003c\/p\u003e \u003cp\u003eTotal network hash rate 217\u003c\/p\u003e \u003cp\u003eInformation about your pool 217\u003c\/p\u003e \u003cp\u003eBlock earnings 218\u003c\/p\u003e \u003cp\u003eCryptocurrency conversion rate 218\u003c\/p\u003e \u003cp\u003eCalculating Your ROI 218\u003c\/p\u003e \u003cp\u003eYour block earnings 219\u003c\/p\u003e \u003cp\u003eYour expenses 223\u003c\/p\u003e \u003cp\u003eCalculating ROI 223\u003c\/p\u003e \u003cp\u003eKnowing the unknowns 224\u003c\/p\u003e \u003cp\u003eOnline profitability calculators 225\u003c\/p\u003e \u003cp\u003eHistorical estimates 226\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Reducing Negatives and Gaining an Edge 229\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProfitability through Efficiency 230\u003c\/p\u003e \u003cp\u003eUpgrading aging equipment 230\u003c\/p\u003e \u003cp\u003eMining different cryptocurrencies 230\u003c\/p\u003e \u003cp\u003eUsing exhaust heat 231\u003c\/p\u003e \u003cp\u003eReducing electricity bills 232\u003c\/p\u003e \u003cp\u003eKnowledge Is Power 234\u003c\/p\u003e \u003cp\u003eWhy current events are important 235\u003c\/p\u003e \u003cp\u003eThe “fork wars” 236\u003c\/p\u003e \u003cp\u003eYour forking decisions 240\u003c\/p\u003e \u003cp\u003eHere Today, Gone Tomorrow 244\u003c\/p\u003e \u003cp\u003eEvaluating Your Mining Resources 245\u003c\/p\u003e \u003cp\u003eIncreasing mining competition 245\u003c\/p\u003e \u003cp\u003eIncreasing block difficulty 245\u003c\/p\u003e \u003cp\u003eDiminishing returns due to halving events 246\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Running Your Cryptocurrency Business 249\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat to Do with Your Mined Cryptocurrency 250\u003c\/p\u003e \u003cp\u003eConvert your cryptocurrency 250\u003c\/p\u003e \u003cp\u003eBuying equipment and paying bills 250\u003c\/p\u003e \u003cp\u003ePaying with crypto when you can’t pay with crypto 251\u003c\/p\u003e \u003cp\u003eExpand or upgrade your mining operation 253\u003c\/p\u003e \u003cp\u003eBut don’t forget the tax 253\u003c\/p\u003e \u003cp\u003eHodling your cryptocurrency 253\u003c\/p\u003e \u003cp\u003eInvest your cryptocurrency 255\u003c\/p\u003e \u003cp\u003eDonate your cryptocurrency to charity 256\u003c\/p\u003e \u003cp\u003eGift your cryptocurrency 256\u003c\/p\u003e \u003cp\u003eDetermining When to Sell 257\u003c\/p\u003e \u003cp\u003eCryptocurrency market indicators 257\u003c\/p\u003e \u003cp\u003eWhere to sell: Cryptocurrency exchanges 260\u003c\/p\u003e \u003cp\u003eDollar Cost Averaging 260\u003c\/p\u003e \u003cp\u003eDollar cost averaging your purchases 261\u003c\/p\u003e \u003cp\u003eCost averaging your exits 262\u003c\/p\u003e \u003cp\u003eCustodial exchange risk 262\u003c\/p\u003e \u003cp\u003eTax and Your Mining Business 263\u003c\/p\u003e \u003cp\u003eBut you’re mining, not investing 263\u003c\/p\u003e \u003cp\u003eIt gets complicated 264\u003c\/p\u003e \u003cp\u003eScaling Up? 265\u003c\/p\u003e \u003cp\u003eDo not overextend 266\u003c\/p\u003e \u003cp\u003eMilestones to meet before you reinvest 266\u003c\/p\u003e \u003cp\u003ePlanning your expansion 268\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 5: the Part of Tens 271\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Ten (or So) Tips for When the Market Dips 273\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHave a Plan, Hedge Your Mine 274\u003c\/p\u003e \u003cp\u003eHow Long Can You Last? 275\u003c\/p\u003e \u003cp\u003eLearn from Market History 277\u003c\/p\u003e \u003cp\u003eDon’t Panic! (Keep Calm and Carry On?) 279\u003c\/p\u003e \u003cp\u003eBuy the Dip 280\u003c\/p\u003e \u003cp\u003eLook for the Advantages 281\u003c\/p\u003e \u003cp\u003eAnticipate the Market Recovery 281\u003c\/p\u003e \u003cp\u003eLearn From Your First Dip 282\u003c\/p\u003e \u003cp\u003eConsider Market Volatility 283\u003c\/p\u003e \u003cp\u003eSwitch to Another Cryptocurrency 285\u003c\/p\u003e \u003cp\u003eStop Mining! 286\u003c\/p\u003e \u003cp\u003eThese are simple calculations 287\u003c\/p\u003e \u003cp\u003eStop or go? 289\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Ten Ways to Boost Your Return on Investment 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDoing Your Homework 291\u003c\/p\u003e \u003cp\u003eTiming Your Entry 292\u003c\/p\u003e \u003cp\u003ePlaying the Markets 293\u003c\/p\u003e \u003cp\u003eIdentifying Low Hash Rate Alternative Cryptocurrencies 293\u003c\/p\u003e \u003cp\u003eMining the Start of a Chain 294\u003c\/p\u003e \u003cp\u003eStarting Small 297\u003c\/p\u003e \u003cp\u003eScaling Choices 297\u003c\/p\u003e \u003cp\u003eFinding Cheap Electricity 298\u003c\/p\u003e \u003cp\u003eCooling Efficiently 299\u003c\/p\u003e \u003cp\u003eScoring Hardware Deals 300\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Ten Types of Cryptocurrency Resources 303\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCryptocurrency Market Trackers 304\u003c\/p\u003e \u003cp\u003eMining Profitability Estimation Tools 304\u003c\/p\u003e \u003cp\u003eCryptocurrency Reddit Pages 304\u003c\/p\u003e \u003cp\u003eBlockchain Explorers 305\u003c\/p\u003e \u003cp\u003eData Visualizations 306\u003c\/p\u003e \u003cp\u003eCryptocurrency Data and Statistics 307\u003c\/p\u003e \u003cp\u003eCryptocurrency Wikis 307\u003c\/p\u003e \u003cp\u003eCryptocurrency White Papers 308\u003c\/p\u003e \u003cp\u003eThe Satoshi Nakamoto Institute 308\u003c\/p\u003e \u003cp\u003eA Cypherpunk’s Manifesto 309\u003c\/p\u003e \u003cp\u003eBitcoin Guides and Walkthroughs 309\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Ten Criticisms of Cryptocurrencies and Mining 311\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEnergy Consumption 312\u003c\/p\u003e \u003cp\u003eWasted Processing 315\u003c\/p\u003e \u003cp\u003eScalability, Transaction Speed, and Throughput 317\u003c\/p\u003e \u003cp\u003eCoin Distribution Fairness 319\u003c\/p\u003e \u003cp\u003eMarket Bubbles and Volatility 319\u003c\/p\u003e \u003cp\u003eCentralization 320\u003c\/p\u003e \u003cp\u003eScams and Rip-offs 321\u003c\/p\u003e \u003cp\u003eHardware Price Inflation and Scarcity 322\u003c\/p\u003e \u003cp\u003eFire Hazards 323\u003c\/p\u003e \u003cp\u003eNeighbor Complaints 323\u003c\/p\u003e \u003cp\u003eIndex 325\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePeter Kent\u003c\/b\u003e and \u003cb\u003eTyler Bain \u003c\/b\u003eare coauthors of\u003ci\u003e Bitcoin For Dummies,\u003c\/i\u003e 2nd Edition. Peter created the \u003ci\u003eCrypto Clear\u003c\/i\u003e video course to assist would-be investors in understanding cryptocurrency. He is also the author of \u003ci\u003eSEO For Dummies.\u003c\/i\u003e Tyler is a professional electrical engineer and an active crypto miner.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eStake a claim in the crypto gold rush\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy convert your hard-earned cash to crypto when you can mine it yourself? This book teaches you how to invest in mining operations or build a system that can process crypto transactions in exchange for new coin. If it sounds complicated, that’s because it sort of is. Follow the advice of these cryptocurrency experts to make mining easier to understand. Discover how to stay up to date with the latest currencies, services, and mining tools. You’ll learn the basics and discover how to gain a competitive edge. Grab your pickax (or not) and let’s get going! \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside…\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e\u003cb\u003e\u003cli\u003eDemystify the world of cryptocurrency and mining\u003c\/li\u003e \u003cli\u003eDecide which coins to mine\u003c\/li\u003e \u003cli\u003eCrunch the numbers to maximize profit\u003c\/li\u003e \u003cli\u003eBuild a crypto mining rig\u003c\/li\u003e \u003cli\u003eJoin a mining pool\u003c\/li\u003e \u003cli\u003eLaunch a crypto business\u003c\/li\u003e\u003c\/b\u003e\u003c\/ul\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47989010006245,"sku":"NP9781119885368","price":29.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119885368.jpg?v=1761782420","url":"https:\/\/k12savings.com\/es\/products\/cryptocurrency-mining-for-dummies-isbn-9781119885368","provider":"K12savings","version":"1.0","type":"link"}