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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!
The success of many companies through the assistance of bitcoin proves that technology continually dominates and transforms how economics operate. However, a deeper, more conceptual understanding of how these technologies work to identify innovation opportunities and how to successfully thrive in an increasingly competitive environment is needed for the entrepreneurs of tomorrow. Transforming Businesses With Bitcoin Mining and Blockchain Applications provides innovative insights into IT infrastructure and emerging trends in the realm of digital business technologies. This publication analyzes and extracts information from Bitcoin networks and provides the necessary steps to designing open blockchain. Highlighting topics that include financial markets, risk management, and smart technologies, the research contained within the title is ideal for entrepreneurs, business professionals, managers, executives, academicians, researchers, and business students.
Are you tired of not understanding the real story behind Bitcoin mining? Are you intrigued by its origins, evolution, and the potential future of this revolutionary technology? Do you want to understand the real impact of Bitcoin on our traditional monetary systems? If your answer is yes, then "Bitcoin Mining: The Uncensored Journey" is the book you need. - Gain a comprehensive understanding of the mathematical principles that underpin Bitcoin. - Explore the evolution of Bitcoin mining hardware and its impact on mining efficiency. - Unpack the economic models that make Bitcoin function. - Understand the formation of the first mining pools and their effects on the Bitcoin network. - Analyze the environmental impact of Bitcoin mining. - Discover the security aspects of Bitcoin mining and the role of miners in securing the network. - Understand the regulatory and legal frameworks impacting Bitcoin mining around the world. - Examine the historical trends in Bitcoin's prices and the impact on mining. If you want to gain an in-depth understanding of Bitcoin mining, its history and potential future, then buy this book today.
Join the technological revolution that’s taking the financial world by storm. Mastering Bitcoin is your guide through the seemingly complex world of bitcoin, providing the knowledge you need to participate in the internet of money. Whether you’re building the next killer app, investing in a startup, or simply curious about the technology, this revised and expanded second edition provides essential detail to get you started. Bitcoin, the first successful decentralized digital currency, is still in its early stages and yet it’s already spawned a multi-billion-dollar global economy open to anyone with the knowledge and passion to participate. Mastering Bitcoin provides the knowledge. You simply supply the passion. The second edition includes: A broad introduction of bitcoin and its underlying blockchain—ideal for non-technical users, investors, and business executives An explanation of the technical foundations of bitcoin and cryptographic currencies for developers, engineers, and software and systems architects Details of the bitcoin decentralized network, peer-to-peer architecture, transaction lifecycle, and security principles New developments such as Segregated Witness, Payment Channels, and Lightning Network A deep dive into blockchain applications, including how to combine the building blocks offered by this platform into higher-level applications User stories, analogies, examples, and code snippets illustrating key technical concepts
Bitcoin is entirely a new idea and it seems to be here to stay. It is not like any other thing that the world had seen in a very long time. In bitcoin, you will have access to one of the most inexpensive and fastest means of money transfer across international barriers. Via bitcoin, revolution has been birthed in commerce and modern day concept of money. The entire idea of bitcoin came to the fore in 2009 when Satoshi Nakamoto published a paper and also made bitcoin available as a free software project. The purpose of this work was to deliver bitcoin to the world as a new and better means of money transfer. He designed it as a system of online value transfer that is in support of a highly prospective internet currency.
Learn the fundamentals of Cryptocurrency Mining and how to mine profitable coins. Ever since Bitcoin got released in 2009, the Cryptocurrency market has been exploding with new coins and platforms every week. Many crypto investors and traders are earning up to 3000% profits on their investments. Billions of dollars of wealth is being created. This is a fact. And experts predict that the total market cap will reach $1 Trillion soon. Amidst this revolution, very few people are aware of the fact that cryptocurrencies can be mined. And even few know how to do it right. Mine the right cryptocurrency and you can retire in 2 years! In this book, best-selling author Devan Hansel teaches you the exact step-by-step methods to build your own cryptomining rig! You will also learn what a blockchain is, how mining is related to it and what role a miner plays in the big picture of cryptocurencies. After reading the book, you will be able to quickly arrange a mining setup(hardware and software) from your home and start mining profitable cryptocurrencies. Among other things, you will learn: How Cryptocurrency and Blockchain work Detailed Overview of the Mining Process Various options available for Bitcoin & Altcoin Mining Mining Hardware and Software How to Pick Profitable Coins to mine Challenges involved in Mining & How to overcome them Future of Cryptocurrency & Mining The era of cryptocurrencies has only begun. Numerous Silicon Valley giants, Billionaires, Tech moguls are going gaga about this new breakthrough. For the first time in history, a decentralized digital currency is openly available in the market. And you can mine it, get rich in the process and be a part of this movement. 10 years from now, you will either look back at this time and feel sad or you will feel glad that you took action and seized the opportunity. Get the book Today! Scoll up and click on the "Buy Now" button.
Bitcoin Mining 101 ASIC, CPU, GPU, FPGA, blocks and hashes. I know what you are thinking, what does all of this mean, right? It means profits - if you do it right. Welcome to the world of Bitcoins! Anonymous, fast, low and sometimes no fees - what could be better? There are some risks and a lot you need to know. So go ahead and read this book to find out all about bitcoins and bitcoin mining; you'll be equipped with everything you need to know by the time you have finished reading. You might even join a mining pool, maybe you'll invest - read on and decide.
New and updated 2nd edition. More miners, more coins, more info. The Essential Guide to Bitcoin Mining: A Cryptocurrency Tutorial is more than just Bitcoin mining. The book introduces people to mining Bitcoin and Altcoins. It discusses what Bitcoin and cryptocurrency is and the history and use cases for it. The book also touches on investing, security, and the retail adoption of crypto. Mining is the focus of this very approachable and useful book. If you don't know anything about Bitcoin or cryptocurrency you will learn much here. If you want to enhance your knowledge of crypto mining and the crypto space this book is for you.
An authoritative introduction to the exciting new technologies of digital money Bitcoin and Cryptocurrency Technologies provides a comprehensive introduction to the revolutionary yet often misunderstood new technologies of digital currency. Whether you are a student, software developer, tech entrepreneur, or researcher in computer science, this authoritative and self-contained book tells you everything you need to know about the new global money for the Internet age. How do Bitcoin and its block chain actually work? How secure are your bitcoins? How anonymous are their users? Can cryptocurrencies be regulated? These are some of the many questions this book answers. It begins by tracing the history and development of Bitcoin and cryptocurrencies, and then gives the conceptual and practical foundations you need to engineer secure software that interacts with the Bitcoin network as well as to integrate ideas from Bitcoin into your own projects. Topics include decentralization, mining, the politics of Bitcoin, altcoins and the cryptocurrency ecosystem, the future of Bitcoin, and more. An essential introduction to the new technologies of digital currency Covers the history and mechanics of Bitcoin and the block chain, security, decentralization, anonymity, politics and regulation, altcoins, and much more Features an accompanying website that includes instructional videos for each chapter, homework problems, programming assignments, and lecture slides Also suitable for use with the authors' Coursera online course Electronic solutions manual (available only to professors)
Bitcoin mining is the process of earning bitcoins in exchange for running the verification process to validate Bitcoin transactions. These transactions provide security for the Bitcoin network, which in turn compensates miners by giving them bitcoins. Miners can profit if the price of bitcoins exceeds the cost to mine them. The recent changes in mining devices and technology and the creation of professional mining centers with enormous computing power, as well as the shifting price of bitcoin itself, have shifted the incentives and landscape for mining. Many individual miners now ask themselves: is Bitcoin mining still profitable? Lets find out.