Bitcoin Essentials

Description

Packt Publishing - ebooks Account. 2016. — 121 p. — ISBN-10: 1785281976. — ISBN-13: 978-1785281976This practical guide starts with an introduction to Bitcoin wallets, as well as mining hardware and software. You will move on to learn about different mining techniques using the CPU, GPU, FPGA, and ultimately the ASIC as an example. After this, you will gain an insight into solo mining and pool mining, and see the differences between the two. The book will then walk you through large-scale mining and the challenges faced during such operations. Finally, you will take a look into the future to see a world where blockchain-based applications are commonplace and mining is ubiquitous.Key FeaturesLearn how to use the advanced features of Bitcoin walletsSet up your Bitcoin mining operations to mine with efficiencyExplore what the future holds for mining and blockchains in this pragmatic guideWhat you will learnGet introduced to Bitcoin mining from the ground upFind out about mining software and the different types of mining hardwareMaster setup techniques to enable efficient miningExamine the pros and cons of the different types of mining hardwareDeduce the differences between solo and pool miningTake a peek into professional mining farmsExplore the future of mining and blockchain-based applicationsAbout the AuthorAlbert Szmigielski is a thinker, a computing scientist, a software engineer, and a blockchain professional. He holds a BSc in Computer Science and an MSc in Digital Currency. He has been involved in a number of start-ups and software projects. He believes in a decentralized, distributed nature of storing information, and hence has an interest in Bitcoin and blockchain technology.Albert is a researcher at CryptoIQ and a mentor at the Blockchain Institute. He frequently contributes to his blog at blog.cryptoIQ.ca.Table of ContentsBitcoin Wallets and Mining SoftwareCPU MiningGPU MiningFPGA MiningASIC MiningSolo Versus Pool MiningLarge Scale MiningThe Future of Bitcoin Mining