October 2015
Beginner to intermediate
236 pages
5h 16m
English
Content preview from Learning BitcoinBecome 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,
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Setting up a mining client
After doing the proper analysis of costs and return on investment, one may decide if it's the right time to proceed with setting up a mining operation.
Requirements
In general, you'll need to have the proper conditions to set up a basic mining operation. To start with, we'll briefly cover the essentials: capital, hardware, facilities, and availability.
Capital
Most return on investment calculations for Bitcoin mining show profitability over a period of time, exceeding one year. The assumption made for the projection includes a stable exchange rate and difficulty level. However, these two factors often vary, which can seriously affect the actual profits.
Essential to starting a mining operation is sufficient capital to carry ...
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O’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.
I 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.
I’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.
I'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.