Chapter 5
Gathering Your Mining Gear
IN THIS CHAPTER
Selecting the correct hardware for mining
Finding a viable location to mine
Choosing a wallet to store your mined cryptocurrency
Finding other mining resources
Mining cryptocurrency is easy; the mining hardware does most of the heavy lifting while you sit back and watch the coin accumulate. However, choosing the right miners, purchasing the gear, and setting up the necessary equipment is the hard part. Selecting the right cryptocurrency, selecting the correct hardware for that specific blockchain, and choosing a suitable location to deploy the mining equipment are early steps that are crucial for any gains and short- or long-term success.
We look at selecting a cryptocurrency in Chapter 4 of this minibook. In this chapter, we dive into the factors you need to consider when choosing mining hardware. (See Chapter 6 of this minibook for additional information about mining hardware.)
Selecting the Correct Computational Mining Hardware
You can mine any cryptocurrency with any computing equipment (CPUs, GPUs, or ASICs), but if ASICs ...
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