Cryptocurrency Mining For Dummies by Kent, Peter -- Read -- Imperial Library of Trantor

Index

Cover Table of Contents Introduction

About This Book Foolish Assumptions Icons Used in This Book Beyond the Book Where to Go from Here

Part 1: Discovering the Basics of Cryptocurrency

Chapter 1: Cryptocurrency Explained

A Short History of Digital Dollars What’s the Blockchain? Where’s the Money? What’s the Crypto in Cryptocurrency? Public Key Encryption Magic The Basic Components of Cryptocurrency Where Does Crypto Come From? The Crypto Mines (Sometimes)

Chapter 2: Understanding Cryptocurrency Mining

Understanding Decentralized Currencies Exploring the Role of the Crypto Miner Making Cryptocurrency Trustworthy Looking at the Cryptocurrency Miner Making the Crypto World Go ’Round

Chapter 3: Building Blocks: The Transaction’s Journey to the Blockchain

The Cryptocurrency Network Submitting Transactions

Chapter 4: Exploring the Different Forms of Mining

Proof of Work Algorithms Proof of Stake Algorithms Hybrid Proof of Stake/Proof of Work Delegated Proof of Stake (dPoS) Delegated Byzantine Fault Tolerance (dBFT) Proof of Burn (PoB) And MORE …

Part 2: The Evolution of Cryptocurrency Mining

Chapter 5: The Evolution of Mining

Proof of Work Mining Evolution The Days of Solo Mining Pool Mining Cloud Mining

Chapter 6: The Future of Cryptocurrency Mining

Incentivization of Energy Exploration Continued Computational Efficiency Improvements Corporate and Nation State Participation The Mythical Miner Death Spiral

Part 3: Becoming a Cryptocurrency Miner

Chapter 7: Mining Made Simple: Finding and Preparing a Pool Account

Understanding How Pool Mining Works Choosing a Pool Setting Up a Pool Account Researching Mining Pools Cloud Mining Working with Honeyminer

Chapter 8: Picking a Cryptocurrency to Mine

Determining Your Goal Mineable? PoW? PoS? Researching Cryptocurrencies Going Deep Decentralization Is a Good Thing It’s an Iterative Process

Chapter 9: Gathering Your Mining Gear

Selecting the Correct Computational Mining Hardware Mining Equipment Manufacturers A Wallet to Store and Protect Your Private Keys Where to Mine? Selecting a Viable Location

Chapter 10: Setting Up Your Mining Hardware

ASIC Mining Rigs GPU Mining Rigs CPU Mining Mining Software

Part 4: The Economics of Mining

Chapter 11: Running the Numbers: Is it Worth It?

Factors That Determine Mining Profitability Calculating Your ROI

Chapter 12: Reducing Negatives and Gaining an Edge

Profitability Through Efficiency Knowledge Is Power Here Today, Gone Tomorrow Evaluating Your Mining Resources

Chapter 13: Running Your Cryptocurrency Business

What to Do with Your Mined Cryptocurrency Determining When to Sell Dollar Cost Averaging Tax and Your Mining Business Scaling Up?

Part 5: The Parts of Ten

Chapter 14: Ten or So Tips for When the Market Dips

Have a Plan How Long Can You Last? Learn from Market History Don’t Panic! (Keep Calm and Carry On?) Buy the Dip Look for the Advantages Anticipate the Market Recovery Learn From Your First Dip Consider Market Volatility Switch to Another Cryptocurrency Stop Mining!

Chapter 15: Ten Ways to Boost ROI

Doing Your Homework Timing Your Entry Playing the Markets Identifying Low Hash Rate Alternative Cryptocurrencies Mining the Start of a Chain Starting Small Scaling Choices Finding Cheap Electricity Cooling Efficiently Scoring Hardware Deals

Chapter 16: Ten Types of Cryptocurrency Resources

Cryptocurrency Market Trackers Mining Profitability Estimation Tools Cryptocurrency Reddit Pages Blockchain Explorers Data Visualizations Cryptocurrency Data and Statistics Cryptocurrency Wiki’s Lopp.net Resources Cypherpunk Manifesto Cryptocurrency White Papers The Satoshi Nakamoto Institute

Chapter 17: Ten Criticisms of Cryptocurrencies and Mining

Energy Consumption Wasted Processing Scalability, Transaction Speed, and Throughput Coin Distribution Fairness Market Bubbles and Volatility Centralization Scams and Rip-offs Hardware Price Inflation and Scarcity Fire Hazards Neighbor Complaints

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