Bitcoin essentials : gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques /

Gain insights into Bitcoin, a cryptocurrency and a powerful technology, to optimize your Bitcoin mining techniques About This Book Learn how to use the advanced features of Bitcoin wallets Set up your Bitcoin mining operations to mine with efficiency Explore what the future holds for mining and bloc...

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Bibliographic Details
Main Author: Szmigielski, Albert (Author)
Format: Electronic eBook
Language:English
Published: Birmingham, UK : Packt Publishing, 2016.
Series:Community experience distilled.
Subjects:
Online Access:CONNECT
CONNECT
Table of Contents:
  • Cover ; Copyright; Credits; About the Author; About the Reviewer; www.PacktPub.com; Preface; Chapter 1: Bitcoin Wallets and Mining Software ; Bitcoin wallets; What is a Bitcoin wallet?; Why do we need Bitcoin wallets?; Types of wallets; Software wallets; Hardware wallets; Full wallet versus thin client; Hosted wallets; Wallet security; Mining software; The need for mining software; What does mining software do?; Which mining software to choose?; Summary; Chapter 2: CPU Mining ; Mining with Bitcoin Core; Mining software; Let's start mining; Pros and cons of mining; Pros of mining
  • Cons of miningBest practices when mining with CPUs; Profitability of mining; Summary; Chapter 3: GPU Mining ; Setting up a GPU for mining; Drivers; Mining software; Windows installation instructions; Linux installation instructions; Let's start mining; Multiple GPU setup; Mining on a GPU; Pros and cons of GPU mining; Pros of GPU mining; Cons of GPU mining; Best practices when mining with GPUs; Benchmarks of mining speeds with different GPUs; GPU versus CPU mining; Profitability of GPU mining; Summary; Chapter 4: FPGA Mining ; Setup and installation of the required software; Mining software
  • Linux installation instructionsWindows installation instructions; Let's start mining; What happens when mining on a FPGA; Pros and cons of FPGA mining; Pros of FPGA mining; Cons of FPGA mining; Best practices when mining with FPGAs; Benchmarks of mining speeds with different FPGAs; FPGA versus GPU and CPU mining; Profitability of FPGA mining; Summary; Chapter 5: ASIC Mining ; Setting up mining software; Drivers; Mining software; Installing cgminer on Linux; Installing cgminer on Windows; Let's start mining; What happens when mining on a ASIC; Pros and cons of ASIC mining; Pros of ASIC mining
  • Cons of ASIC miningBest practices when mining with ASICs; Benchmarks of mining speeds with different ASICs; ASIC versus FPGA, GPU, and CPU mining; Profitability of ASIC mining; Summary; Chapter 6: Solo Versus Pool Mining ; Solo mining; Setting up a wallet for solo mining; Setting up mining software for solo mining; Setting up mining software for pool mining; Pool mining discussion; Mining pools; Choosing a pool; Solo versus pool mining; Profitability; Majority attack on Bitcoin; 51% attack; Summary; Chapter 7: Large Scale Mining ; Large Scale Mining overview; Large Scale Mining challenges
  • Inexpensive and reliable electricityGood network connectivity; Access to latest hardware; Stable political climate; Bitcoin exchange rate; Cooling of mining hardware; Large Scale Mining operations; BitFury; KnC Miner; 21 INC; Mega Big Power; Genesis Mining; Other mine operators; Summary; Chapter 8 : The Future of Bitcoin Mining; Overview of the current state of mining; Further centralization of mining; Hardware arms race; Halving of the reward; Consolidation, mergers, and acquisitions; Bitcoin exchange rate; Quantum computing and mining; Cracking the security of SHA-256