Skip to Content
Bitcoin Essentials
book

Bitcoin Essentials

by Albert Szmigielski
February 2016
Beginner
130 pages
2h 43m
English
Packt Publishing
Content preview from Bitcoin Essentials

Summary

In this chapter, we explored ASIC mining. We explained how to install the mining software and how to set up the appropriate drivers; cgminer was our software of choice. We set it up on both Linux and Windows operating systems. We also connected to a mining pool to make sure everything was working as planned.

We examined the advantages and disadvantages of mining with ASICs. It will serve any miner well to ponder them when deciding to start mining or when thinking about improving current mining operations. We touched upon the best practices that we recommend to be kept in mind.

We also investigated the profitability of mining, given current conditions. A simple way of calculating, on average, your earnings was also presented. We concluded ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Bitcoin for the Befuddled

Bitcoin for the Befuddled

Conrad Barski, Chris Wilmer
Cryptocurrencies and Blockchain Technology Applications

Cryptocurrencies and Blockchain Technology Applications

Gulshan Shrivastava, Dac-Nhuong Le, Kavita Sharma
Learn Bitcoin and Blockchain

Learn Bitcoin and Blockchain

Kirankalyan Kulkarni

Publisher Resources

ISBN: 9781785281976