Chapter 9
Gathering Your Mining Gear
IN THIS CHAPTER
Selecting the correct hardware to mine
Finding a viable location to mine
Choosing a wallet to store your mined cryptocurrency
Finding other resources needed
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 equipment you’ll need 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 the early steps crucial for any gains and short- or long-term success.
We look at selecting a cryptocurrency in Chapter 8. In this chapter, we dive into the things you need to consider when choosing mining hardware. (See also Chapter 10 for more information on mining hardware.)
Selecting the Correct Computational Mining Hardware
You can mine any cryptocurrency with any computing equipment (CPUs, GPUs, or ASICs), but if ASICs are available for a particular cryptocurrency’s ...
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