Mining pools play a crucial role in the cryptocurrency industry. We’ve talked about mining pools several times throughout the first four chapters of this guide. In...
Chapter 4.11 Over the last 10 chapters, we’ve explained how to buy your own cryptocurrency mining hardware and begin mining different cryptocurrencies. We’ve explained how to...
Ethereum is the world’s second best-known cryptocurrency behind only bitcoin. Built as more of a development environment than a currency, Ethereum is a popular digital asset...
Chapter 4.9 Bitcoin mining software is a crucial element of mining bitcoins. You can have the greatest bitcoin mining hardware in the world – but it’s...
Chapter 4.8 Bitcoin mining can be extremely profitable – or extremely expensive. Today, many inexperienced people dive into bitcoin mining with little knowledge. These people can...
Chapter 4.7 Zcash is one of the world’s most popular cryptocurrencies to mine. Listed under the acronym ZEC, Zcash was originally based on the same code...
Chapter 4.6 SiaCoin is the cryptocurrency that powers Sia, a decentralized cloud storage-style system. Today, SiaCoin is a popular cryptocurrency to mine. Its difficulty is low...
Chapter 4.5 Litecoin was one of the first major altcoins to challenge the dominance of bitcoin. Unlike Dogecoin, Litecoin was built as a serious competitor to...
Chapter 4.4 Monero is one of the world’s largest and best-known altcoins. Today, many people – including hobby miners and big mining farms – mine Monero...
Chapter 4.3 In the previous chapter, we explained how bitcoin mining works. We explained that bitcoin miners buy ultra-powerful, specialized computers. They run bitcoin mining software...