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

Description based on online resource; title from cover page (Safari, viewed March 11, 2016).

Includes index.

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

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