Mining boom reappearing? As the value of virtual currencies (crypt assets) rises, it’s breathing new life!
In rough terms, cryptocurrency mining means participating in the blockchain calculations and earning rewards. Since you obtain cryptocurrency as rewards, the rise in its rate during 2016–2017 drew many entrants. However, with the crash of cryptocurrencies, mining profitability diminished, and many people began to retire. This led to a mining winter. Recently, with price increases, people seem to be returning to the mining industry. In this video, former (retired) participant Mr. Shikanai and later entrants Mr. Trader Kaibe guide us through the world of mining.
What you can learn from this video
This video covers the following:
- What is cryptocurrency mining?
- Basics of mining
- PoW (Proof of Work) and PoS (Proof of Stake)
- ASICs and GPUs
- ASICs have a short lifespan
- For individuals, GPUs are recommended for mining
● Video: 10 minutes 45 seconds
Trader Kaibe Profile
Formerly a chemical research and development position at a major manufacturer. FX history of 13 years, with the best-ever return of 6,300% over nine months. Self-taught in automatic trading program languages, and in 2017 achieved a commendable result by placing as a runner-up in the “Robin Cup” with automated trading alone.
Blog:https://www.traderkaibe.com/
Twitter:https://twitter.com/k_flashes
<ダイジェスト動画>
How to view the FX videos
The portion that can be viewed by those who purchase the article (at the bottom of this article) contains the FX video embedded. Click the play button to begin playback.