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The Complete Guide to Cryptocurrency Mining
Rating: 3.9 out of 5(19 ratings)
131 students

The Complete Guide to Cryptocurrency Mining

Learn about cryptocurrency and cryptocurrency mining, have the confidence and knowledge to set up your own mining rig.
Created byTony Johnson
Last updated 10/2021
English

What you'll learn

  • An understanding of cryptocurrency and how it works
  • An understanding of cryptocurrency mining and how to manage a GPU mining rig
  • An understanding of Bitcoin and Ethereum and how they work
  • An understanding of Nice Hash and Hive OS and how setup and manage them
  • An understanding of how to switch to mining different coins with Hive OS

Course content

2 sections11 lectures2h 10m total length
  • What is Cryptocurrency?9:33

    After watching this lecture, you should have a basic understanding of what Cryptocurrency is.

  • What is the Blockchain?15:15

    This lecture provides an overview of what a blockchain is and how it works.

  • What is Bitcoin?5:49

    Bitcoin was the first Cryptocurrency, this lecture provides an overview of what is is and how it works.

  • What is Ethereum?7:07

    Ethereum is a powerful blockchain ecosystem, view this lecture to understand how it works and how it differs from Bitcoin.

  • Wallets, Forks, Altcoins & ICO's Explained8:56

    There are so many acronyms and technical terms with Cryptocurrency. This lecture explains a few of the most common terms.

Requirements

  • Basic understanding of computers
  • Basic understanding of using the internet

Description

Crypto Pit Pty Ltd is a company that has been operating in the crypto market since 2017. We have provided support to the Australian crypto mining market by way of sales and services. We have gathered a wealth of knowledge though trial and error and making our own mistakes, so we can guide newcomers and save them making the same mistakes we did. Avoid costly errors when you first start mining.

In this course you will learn the basics of cryptocurrency, which is fundamental to understanding cryptocurrency mining. The topics include an introduction to Bitcoin, the Blockchain and Ethereum. We also cover how cryptocurrencies are created.

After you have a sound understanding of the basic cryptocurrency concepts, we will go a bit deeper into the cryptocurrency mining topics touched on already. We will learn about different types of mining rigs, different types of mining rig software and how to manage it all.

After covering these topics you should be confident enough to decide what type of mining rig you want and how to manage it on a day to day basis. Even if you aren't comfortable building a mining rig you will be able to set up and manage a pre-built rig and ensure your rig runs efficiently and have the confidence to switch to the most profitable coin as the market changes.

Who this course is for:

  • Cryptocurrency beginners
  • Cryptocurrency mining beginners