Learn To Mine Cryptocurrencies
Last updated 10/2019
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.76 GB | Duration: 3h 13m
Last updated 10/2019
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 1.76 GB | Duration: 3h 13m
Use your Raspberry Pi to mine Bitcoin, Litecoin, Monero, ByteCoin, MagiCoin, and TurtleCoin.
What you'll learn
Understand the core concepts: cryptocurrency, the blockchain, Bitcoin, altcoins, and mining.
Understand the main advantages and disadvantages of cryptocurrencies.
Understand the challenges of mining cryptocurrencies
Learn how to set up the required open-source software for mining cryptocurrencies
How to mine various cryptocurrencies (Bitcoin, Litecoin, Monero, Bytecoin, Magicoin, Turtlecoin)
Requirements
You should be familiar with Linux operating systems, and Debian in particular.
Be able to navigate to the local system, copy files, create folders, run bash commands and use apt-get
Be able to install Raspbian OS to the SD card, power up, and reboot.
Be able to install Python libraries to Raspbian OS.
Be able to download source code from a Git repository
Be able to compiling C source code
Description
If you are interested in cryptocurrency mining but are confused by the technology, terminology, and how it works, then keep reading.If you are anything like me, you are interested in cryptocurrencies and the Blockchain. You probably are also interested in mining crypto, but thought that it is too hard, too expensive, and simply did not know how to get started. That's exactly what I thought.And that is why we decided to create this video course.Crypto mining is not a mystery anymore. Let us show you…In this course, we explain:- What is a cryptocurrency- How to mine some of the major cryptocurrencies using your Raspberry Pi- The kind of mining rewards based on which you can earn crypto "coins"- How to set up paper and software wallets- How to join online mining pools that will make your mining efficient- How to install and use mining software for the most common cryptocurrencies- How to expand your Blockchain knowledge through projectsIn the beginning, there was the BlockchainThe Blockchain, on which the Bitcoin and other cryptocurrencies are based, is a technology that has the potential to do just that.The Blockchain is a digital document on which information is recorded and shared among the participants of a network in a way that makes it very difficult (or impossible) to alter.Because of its security and reliability features, the Blockchain provides the ideal infrastructure for the implementation of systems that must record financial, contractual, or any other valuable information that traditionally requires an intermediary (like a Government, a lawyer, or an agency) to guarantee its validity. With the Blockchain, the validity of this information is guaranteed by the Blockchain network.Think of the Blockchain network as a network of nodes (computers that run the compatible Blockchain software). Each node has a copy of the Blockchain and provides validation services to transactions that are happening around the network.Blockchain applicationsThe Blockchain and its many applications promise to change how we do common transactions, like buying and selling goods and services, entering contractual agreements, and even how Governments operate.They promise to democratize the economy by reducing or eliminating the control of the money supply by central banks, reduce corporate and government corruption by storing every record in the Blockchain-powered public ledger, reduce international transaction and currency exchange costs, and automate all kinds of agreements between people and organizations through automation.Blockchain adoption and HTML, TCP/IPIs this too good to be true? While no-one can predict the future with certainty, what we do know is that the technology we need to achieve all this has already been invented. We are now going through a phase of adoption by our societies and economies, and experimentation.This is the process I experienced vividly with HTML and TCP/IP in the mid-1990's.The question is, are you ready for cryptocurrencies?Profit versus knowledgeThis question goes far beyond mining cryptocurrencies for profit. It is about understanding a major application of the Blockchain, perhaps the application that has evolved the most, and matured to the extent that it is certainly not a fad anymore. Cryptocurrencies are here to stay and they are integrating with our daily lives more every day.Learning how to mine cryptocurrencies will give you an insider understanding of the mechanics of how monetary value is created through the computational effort of a computer.Why we have created this courseWith crypto, the printing press, owned and operated by a central bank, is replaced by a computer, owned and operated by you.The monopoly of the central bank to print currency is replaced by the ability of your computer to solve mathematical problems.Your Raspberry Pi, or your general-purpose or specialized mining computer, is like a personal mini-central bank, connected to other mini central-banks, constantly adding value to the public cryptocurrency network.This is why we have created this course.Like you, we wanted to know how cryptocurrency mining works. We wanted to know if it is possible to mine Bitcoin with a Raspberry Pi, and why CPUs and even GPUs (graphics processing units) are no longer adequate for profitable mining.We also wanted to know if other cryptocurrencies can be mined by our Raspberry Pi (there are!), and whether it is possible to join forces with other miners in order to improve our collective mining efficiency (it is!).Is it legal? What is a block? What is a mining pool and why would I want to share my work with others? What are mining algorithms and which ones should I use for a particular cryptocurrency? Is it expensive?All of these are good questions, and questions that we needed to answer in our quest to understand this technology.But as I said earlier, for us, crypto mining is not about making a quick buck.It's about learning a technology that can potentially change how the fundamental "plumbing" of our economy and society work.It's all about the Blockchain.Crypto-mining is simply the best place to start, so this is where this course starts.Learn through deliberate practiceAs a maker, my reward is my understanding of the process of mining. And understanding is best achieved through deliberate practice. I know that endless searching for good resources on Google, YouTube, etc. can waste valuable time; time better spent learning.How many times have you sat down to learn something new, only to realize that you have wasted your time searching the Internet for answers? The Internet is an incredible repository of information, but finding high-quality and organized content, suitable for fast learning can still be a frustrating experience.I invite you to take the fast route with this course and join us in Learn to Mine Cryptocurrencies.We've already done the hard work so that you can concentrate on learning.So, what will you learn?In this course, you will learn:- What is a cryptocurrency- How to mine some of the major cryptocurrencies using your Raspberry Pi B Model 3 (Bitcoin, Litecoin, Monero, Bytecoin, Magicoin, Turtlecoin)- The kind of mining rewards based on which you can earn crypto "coins"- How to set up paper and software wallets- How to join online mining pools that will make your mining efficient- How to install and use mining software for the most common cryptocurrencies- How to expand your Blockchain knowledge through projectsWho are we and why should you learn with us?Tech Explorations is a company that specializes in delivering technology education courses for makers, STEM teachers and STEM students to thousands of students from around the world.Our team of mentors develops these courses and supports our students. We strive to create enjoyable experiences for all our students, and we have been doing so since 2013.Dr. Peter Dalmaris is the presenter of "Learn to mind cryptocurrencies." Peter is an electrical and computer engineer with a 15-year career in University education. Peter founded Tech Explorations in 2013 with a mission to help educate the world. His passion is in STEAM and related topics (Science, Technology, Engineering, Arts, Mathematics). Peter believes that everyone needs a solid foundation in these areas in order to thrive in a high-tech society. Peter entered the world of the Bitcoin in 2013 when he purchased his first Bitcoin. He has been learning about the Blockchain since then and is fascinated by the technology's potential to "help save the world" (to paraphrase Bill Nye aka "the Science Guy").John Marountas is the researcher and original author of the ebook version of this course. John is an agricultural engineer. He works primarily as a back-end developer for web applications for the PHP and Ruby scripting languages, but he also uses Java for desktop and android application development. He is a Maker enthusiast and uses Python for scripting on the Raspberry Pi and Arduino devices.John turned his attention since 2016 towards the blockchain technology and its promising features for a decentralized web platform. He experimented with various hardware setups to mine cryptocurrencies and understood from the inside out the life of this new computer ecosystem. During 2017 he started experimenting with the Solidity language and started working on smart contracts over the Ethereum platform.Isn't the information in this course "free"?While you can find everything in this course somewhere on the Internet for "free," you will have to spend valuable time to find it, figure out if it is current, and apply it. In most cases, what you will find will be out of date, inaccurate, or missing important details, causing you to waste your valuable time.This course is the result of our research effort into cryptocurrency mining. We invested a lot of time compiling this course from the best sources available, using best practices, and testing every single line of code and instruction.While the end result, the course, is not free, it will save you many hours of fruitless wandering around the Internet.It will get you the result you want (an understanding of how crypto mining works through hands-on experience) fast, and frustration-free.How much is this worth to you?Don't like it? No worriesAs with all our educational products, if you purchase this course, but don't like it, just let us know within 30-day of your enrolment, and we'll give you your money back.There is absolutely no risk for you.We want you to be confident that by buying this course, as with all our courses, you will learn something valuable. Something that is worth far more than the money you will spend on this course.Course enhancementsThis course comes in a text + ebook version. If you want to have a full transcript in PDF format, that you can print or read on your monitor, you can purchase this add-on for a 50% discount on the normal price.This is a one-time offer only. You will get the opportunity to purchase it right after you complete the purchase of the video course.You will also get free access to:1. The course's Help Desk. Use it to ask questions or make recommendations for improvement.2. The Tech Explorations Makers Club on Facebook, where you can discuss cryptocurrency and Blockchain issues with other students and our team.3. Code and instructions are available through the course GitHub repositoryTime to get startedOkay, these are the details of this course, "Learn to mine cryptocurrencies."Feel free to check out the course curriculum and the free lectures of the first section.The only thing left to do is to click on the Enroll Now button and get started with mining your first cryptocurrency!
Overview
Section 1: Getting started
Lecture 1 0005 - What is this project about
Lecture 2 0010 - Project objectives
Lecture 3 0030 - What will you need - Hardware
Lecture 4 0040 - What will you need - Software
Lecture 5 0045 - Prerequisites
Lecture 6 0050 - Study guide
Section 2: Basic concepts
Lecture 7 0060 - Basic Concepts - Introduction
Lecture 8 0070 - What is a cryptocurrency
Lecture 9 0080 - Can you mine cryptocurrencies using the Raspberry Pi?
Lecture 10 0090 - Cryptocurrency mining rewards
Section 3: Generate crypto wallets
Lecture 11 0085 - Generate crypto wallets - Introduction
Lecture 12 0100 - Create a crypto wallet
Lecture 13 0100.1 - Generate addresses for Bitcoin
Lecture 14 0100.2 - Generate addresses for Litecoin
Lecture 15 0100.3 - Generate addresses for Monero
Lecture 16 0100.4 - Generate addresses for Bytecoin
Lecture 17 0100.5 - Generate addresses for Magicoin
Lecture 18 0100.6 - Generate addresses for Turtlecoin
Section 4: Setup a software wallet
Lecture 19 0105 - Setup a software wallet on your computer
Lecture 20 0105.1 - Bitcoin Core
Lecture 21 0105.2 - Litecoin Core
Lecture 22 0105.3 - Bytecoin Web Wallet
Lecture 23 0105.4 - m-Wallet (Magicoin)
Lecture 24 0105.5 - Monero Wallet
Lecture 25 0105.6 - Turtlecoin Nest
Section 5: Setup a mining pool
Lecture 26 0110 - Find a mining pool
Lecture 27 0110.1 - Multipool.us (Bitcoin and Litecoin)
Lecture 28 0110.2 - Bytecoin.party
Lecture 29 0110.3 - Pom.m-hash.com (Magicoin)
Lecture 30 0110.4 - Supportxmr.com (Monero)
Lecture 31 0110.5 - mine2gether.com (Turtlecoin)
Section 6: Install mining software
Lecture 32 0120 - Install mining software - Introduction
Lecture 33 0130 - Installing required libraries
Lecture 34 0140 - Setup up CPUMiner-multi for Bitcoin and Litecoin
Lecture 35 0150 - Setup m-CPUMiner for Magicoin
Lecture 36 0160 - Setup XMRIG miner for Monero
Section 7: Mine cryptocurrencies
Lecture 37 0165 - Mine cryptocurrencies - Introduction
Lecture 38 0170 - Bitcoin
Lecture 39 0175 - Litecoin
Lecture 40 0180 - Monero
Lecture 41 0190 - Bytecoin
Lecture 42 0200 - Magicoin
Lecture 43 0210 - Turtlecoin
Section 8: Ideas for future projects
Lecture 44 0220 - Ideas for future projects - Introduction
Lecture 45 0230 - Setup a full node
Lecture 46 0235 - Rent your spare hard disk
Lecture 47 0250 - Minting
Lecture 48 0260 - Create smart contracts
Section 9: Install and setup Raspbian (RPiFS)
Lecture 49 0170 - Download and Install Stretch Lite using Etcher
Lecture 50 0180 - How to enable SSH and configure Wifi in headless mode
Lecture 51 0190a - Boot for the first time and basic configuration
Lecture 52 0190b - Connect for the first time using Mac OS
Lecture 53 0190c - Boot for the first time and connection using Windows
Section 10: Bonus Lecture
Lecture 54 Bonus Lecture
Anyone interested in cryptocurrencies and the Blockchain