Cryptocurrency Mining: The Ultimate Guide to Cryptocurrency and Bitcoin Mining, Learn the Inner Workings of How Bitcoin Mining Works and How to Gain Massive Profits

Cryptocurrency Mining: The Ultimate Guide to Cryptocurrency and Bitcoin Mining, Learn the Inner Workings of How Bitcoin Mining Works and How to Gain Massive Profits

It is no longer news that the adoption of digital currencies as a means of making payments is rapidly gaining momentum around the world. Bitcoin, which is the first example of the growing category of money known as cryptocurrency, is the most popular and widely accepted of them all. It is currently taking the lead amongst other digital currencies. Bitcoin is mined by people, and increasingly, businesses using computing power in a distributed network. It can be transferred electronically and

costs very little in transaction fees.

This audiobook will teach you a basic understanding of bitcoin and how to mine it. You will get familiar with bitcoin mining terminologies, the hardware, and software you would need as well as different mining apps available. You will learn about cloud mining and mining pools and will also learn the risks and benefits of bitcoin mining.

This audiobook will discuss the following topics:

- What is Bitcoin Mining

- Why Do People Mine Bitcoin

- Getting Started Mining

- Other Bitcoin Mining Options

- How to Set Up a Bitcoin Mining Operations

- How to Calculate Bitcoin Mining Operation

- Risks and Rewards of Bitcoin Mining

- And many more!

As the mining population increases in the field, there is a proportionate increase in the difficulty of finding new blocks. You would need to be competitive to compete with other miners.

© 2021 Author's Republic (Lydbog): 9781667924380

Release date

Lydbog: 5. oktober 2021