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Cryptocurrency Mining For Dummies

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Product Description 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! From the Inside Flap Understand cryptocurrency and blockchain Select the best currency to mine Build a mining rig and join a mining pool Welcome to the 21st century frontier! You no longer need to "go west" to mine for gold—virtual gold, that is. With the booming phenomenon known as cryptocurrency, you can experience the thrill and profitability of mining without getting dirty, and this book shows you how it's done. It explains how cryptocurrency works and how mining functions. You'll learn to choose a profitable cryptocurrency to mine, how to get your mining rig up and running, ways to weather the market, and a whole lot more. Inside... The ABCs of cryptocurrency How blockchains works Choosing a profitable crypto- currency Assembling your resources How to choose between CPU, GPU, and ASIC mining How to calculate profitability Tips for a quick ROI From the Back Cover Understand cryptocurrency and blockchain Select the best currency to mine Build a mining rig and join a mining pool Welcome to the 21st century frontier! You no longer need to "go west" to mine for gold―virtual gold, that is. With the booming phenomenon known as cryptocurrency, you can experience the thrill and profitability of mining without getting dirty, and this book shows you how it's done. It explains how cryptocurrency works and how mining functions. You'll learn to choose a profitable cryptocurrency to mine, how to get your mining rig up and running, ways to weather the market, and a whole lot more. Inside... The ABCs of cryptocurrency How blockchains works Choosing a profitable crypto- currency Assembling your resources How to choose between CPU, GPU, and ASIC mining How to calculate profitability Tips for a quick ROI About the Author Peter Kent is a longtime technology author who also created the online course Crypto Clear: Bitcoin & Cryptocurrency Made Simple. Tyler Bain is a professional engineer who specializes on the electrical grid. He is also a Certified Bitcoin Professional who focuses on system resiliency and mining mechanics.