Cryptocurrency Mining For Dummies

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.

• •  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.

Stake a claim in the crypto gold rush

Why 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!

Inside…

• •  Demystify the world of cryptocurrency and mining
• •  Decide which coins to mine
• •  Crunch the numbers to maximize profit
• •  Build a crypto mining rig
• •  Join a mining pool
• •  Launch a crypto business

About the Author

Peter Kent and Tyler Bain are coauthors of Bitcoin For Dummies, 2nd Edition. Peter created the Crypto Clear video course to assist would-be investors in understanding cryptocurrency. He is also the author of SEO For Dummies. Tyler is a professional electrical engineer and an active crypto miner.