Cryptocurrency Mining For Dummies, 2nd Edition book cover

Cryptocurrency Mining For Dummies, 2nd Edition

Authors:
Tyler Bain ,
Peter Kent
Published: July 13, 2022

Overview

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. Cryptocurrency Mining For Dummies, 2nd Edition helps you:
  • 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.
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. Cryptocurrency
Mining For Dummies, 2nd Edition helps you:
  • 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.
Cryptocurrency Mining For Dummies Cheat Sheet

Cryptocurrency mining is a relatively new concept that started slowly and has, over about a decade, developed into an entire industry with a wild-west-gold-rush reputation. The mining of “digital gold” in the form of cryptocurrencies is often painted as a get-rich-quick scam, with comparisons to tulip mania and the gold rushes of years past. Indeed, the industry is rife with hype, scams, and misleading promotions, and there’s a lot of room for error. However, there are profitable mining ventures, and there is still room for you, as a new miner, to profit from cryptocurrency mining if you do your research, do your homework, and plan carefully.