How To Mine Crypto: A beginners guide

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Course Features

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Duration

0.47 hour

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Delivery Method

Online

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Available on

Limited Access

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Accessibility

Mobile, Desktop, Laptop

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Language

English

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Subtitles

English

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Level

Beginner

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Teaching Type

Self Paced

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Video Content

0.47 hour

Course Description

In this course, you'll be taught the fundamentals of crypto mining, before making your first cryptocurrency using your smartphone in only 10 minutes, and it's completely free. We'll begin by looking at the concept of mining by studying the background of Bitcoin and the way it utilizes PoW also known as Proof of Work to achieve the consensus of its networks and pay miners who maintain the data entry. Then we will dive further in Proof of Work and look at the most common hardware devices utilized for mining crypto. The next step is to examine Proof of Stake and specifically we will examine the Ethereum merger of the summer of 2022 and how it will impact the mining industry of crypto. We will also examine Proof of Partcipation before taking an in-depth look at the Pi Network where we will discover how to begin mining cryptocurrency with your smartphone within 10 minutes. Are you prepared? Let's get started.

Course Overview

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International Faculty

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Post Course Interactions

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Instructor-Moderated Discussions

Skills You Will Gain

Prerequisites/Requirements

Must have a smartphone

Must know what cryptocurrency is

What You Will Learn

You will learn 3 types of mining

You will learn how to mine crypto from your phone

You will learn what mining is

Target Students

Crypto investing for beginners

Crypto investors

Course Instructors

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Lorae Knight

Instructor

Instructor at Bitdegree
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