This course explains to you about bitcoin mining from its very basics. Initially, you will learn about all the different terminologies associated with the mining process. It includes the description of Blockchain, bitcoin wallet, signature, cryptography etc. You will also be explained about the types of mining on the basis of different parameters such as hardware and number of people involved in the mining process. You'll also be briefed about the SHA, which is an algorithm used for implementing bitcoin mining.
You will then learn about the blockchain. A sample of the blockchain and the transactions are shown for you to understand the concept clearly.Then you will see what a bitcoin wallet is and how to get a bitcoin wallet for yourself. You'll then learn about how to setup an account for bitcoin mining and synchronization of a bitcoin wallet to this mining account.
You will be briefed about the hardware components required for a bitcoin mining setup. You'll be shown how to connect the components and a step by step implementation of the mining process will then be explained using linux commands.
In this lecture, you will be given a brief of the topics covered in the course and also an introduction to what bitcoins are and also about its evolution.
This lecture focuses on giving you the definitions of all the terms which are involved in the bitcoin mining. It includes terms such as Blockchain, Wallet, Cryptography etc..
In this lecture, you will learn about one of the forms of classifying Bitcoin mining, i.e, Solo mining and Pooled mining. You'll learn about its advantages and disadvantages too.
In this lecture, you will learn about the classification of Bitcoin mining based on the hardware used. The classification deals with how mining has evolved since its inception.
Questions based on section 1
In this lecture, you will learn about the blockchain and how it can be accessed by anyone in the world.
Questions based on section 2
In this lecture, you will see how to setup a Bitcoin wallet which is a primary requisite for the mining process.
In this lecture, you will see how to create a mining account. By following the same steps, you can create your own mining account.
In this lecture, you will see how to include your wallet in the miner account created in the previous lecture.
Questions based on section 3
In this lecture, you will learn about the different components needed to setup your mining.
You can view and/or download an image of the hardware components listed in the above lecture and also an image of the connection which will be explained in the next lecture.
This lecture explains how to connect the components to setup your mining and starts with the basic linux commands that deals with updating and upgrading the Raspberry Pi.
In this lecture, you will learn how to install BFGMINER on the Raspberry Pi. It deals with few Linux commands.
This lecture shows how to configure your mining device and to execute the mining process. This lecture also comprises of Linux commands like the previous one.
Questions based on section 4
This lecture covers the overview of the complete course.
Venkatesh Varadachari is the founder of Money-Wizards Global Pte Ltd, that owns the education brands Money-Wizards, PiWizards and Scratch Ninja.
Venkatesh believes that knowledge should be made available to people in all walks of life. Venkatesh also believes in the power of education to transform lives.
Venkatesh has an MBA from the prestigious Indian Institute of Management, Bangalore.
He also has a degree in Electrical Engineering from Madras University and a Masters in Financial Engineering from National University of Singapore.
Satya is a passionate technology enthusiast and is excited about the possibility of impacting education through technology. Satya holds a Masters in Computer Applications from VIT, one of the premier engineering institutes in India. He is a product engineer and spends his time creating exciting courses around the credit card sized Raspberry Pi.
An avid learner who is interested in electronics, specially in the fields of embedded system and digital signal processing. Currently learning and working on Raspberry Pi, Arduino, Scratch programming and PLC.