Mining boom coming back? It’s rebounding as the value of cryptocurrencies (digital assets) rises!
In rough terms, cryptocurrency mining means participating in the computation of the blockchain to earn rewards. Since you earn cryptocurrency as a reward, the period from 2016 to 2017 when the rate rose saw many people enter the field. However, with the crash in cryptocurrency prices, mining profitability waned and many people retired. This led to a winter era for mining, but it seems people are returning to the mining world as prices rise again. In this video, former (retired) participants Mr. Shikanai and later entrant Trader Kaibe guide you through the world of mining.
What you can learn from this video
This video covers the following topics.
- What is mining of cryptocurrency (digital assets)?
- Basics of mining
- PoW (Proof of Work) and PoS (Proof of Stake)
- ASIC and GPU
- ASIC lifespan is short
- For individuals, GPU mining is recommended
● Video: 10 minutes 45 seconds
Trader Kaibe’s Profile
Formerly worked in a chemical R&D role at a major manufacturer. FX experience is 13 years, with a past maximum return of 6300% in 9 months. He self-taught automated trading program languages and, at the 2017 “Robins Cup,” achieved a strong result by ranking as runner-up with automated trading alone.
Blog:https://www.traderkaibe.com/
Twitter:https://twitter.com/k_flashes
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