Cryptocurrency Mining For Dummies – FULL Explanation | EIP-1559, ETH2.0

On this video, I clarify to you what Cryptocurrency Mining is in plain English and I additionally go over the primary impacts in your income, several types of rigs, and in addition to EIP-1559 and ETH 2.0.

⌚ Timestamps:
00:00 – Intro
00:33 – Cryptocurrency Defined
02:10 – Mining Defined
02:23 – Proof Of Stake vs Proof Of Work
02:23 – Proof Of Work In-Depth
04:02 – Completely different Sorts Of Mining Rigs
06:04 – Completely different Sorts Of Mining Providers
09:03 – What Impacts Your Mining Income
14:50 – Giveaway Winners – CONGRATS!
16:17 – EIP-1559 & ETH 2.0
19:01 – Wrap-up & Outro

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Congrats to the giveaway winners!!

⭐GPU Mining Rig Shopping for Information: https://youtu.be/hNqs3Fn8TNo
⭐Methods To Promote Crypto: https://youtu.be/EDyXRf_Ug_U
⭐Methods To Purchase Crypto: https://youtu.be/G6y2g_DSpaw
⭐The place To Retailer Your Crypto: https://youtu.be/Ltr_Llcg6GY

🔗 Hyperlinks & Assets:
• BitsBeTrippin Video: https://youtu.be/rfU-Mm3L2Yc
• Vote right here for the EIP-1559: https://twitter.com/etherchain_org/standing/1350005105811197952
• ASICs Profitability Record: https://www.asicminervalue.com/
• Proof Of Stake Data: https://www.investopedia.com/phrases/p/proof-stake-pos.asp
• Cash Market Cap: https://coinmarketcap.com/
• Mining Pool Stats: https://miningpoolstats.stream/
• Hashrate Rationalization: https://coinsutra.com/hash-rate-or-hash-power/
• DAG Dimension Calculator: https://minerstat.com/dag-size-calculator
• Ethereum Block Rewards: https://etherscan.io/blocks?p=1

🏬 Locations To Purchase Mining {Hardware} From:
• NerdGearZ (US & CA) – https://geni.us/NerdGearz
• ParallelMiner (US, CA & Extra) – https://www.parallelminer.com/?wpam_id=189
• MineShop (EU & Extra) – https://mineshop.eu/?raf=ref6330164

💻 Mining Software program/Working System We Use:
• HiveOS – Working System | https://hiveos.farm/?ref=192319
• Kryptex – Software program On Home windows 10 | https://www.kryptex.org/?ref=3fdc9287

📹 Test Out Our Playlists!
• GPUs Overview | https://youtube.com/playlist?checklist=PLmqQIONtYyaE1h6YwjShGJ0ysTVSVqUej
• Mining Rig Builds | https://youtube.com/playlist?checklist=PLmqQIONtYyaEtj3DskJj-T4VrFLaOhc29
• Working System Guides | https://youtube.com/playlist?checklist=PLmqQIONtYyaGMTppNPbgbx_si1IVY9Ryx
• Common GPU Mining Guides| https://youtube.com/playlist?checklist=PLmqQIONtYyaG06t5oEhWWqmxXtpX-R0j7
• Our Crypto Mining Journey| https://youtube.com/playlist?checklist=PLmqQIONtYyaFMdjIB88HHuXGaGmk0kgDs

🔥 Our Beneficial GPUs – Ranked so as
[Check your local market apps for better deals!] – (Provide ups, letgo, Kijiji, Craigslist, and many others.)
🟢 RTX 3060 TI | On Amazon | https://geni.us/PJ8kG
🟢 RTX 3080 | On Amazon | https://geni.us/AWiwdnC
🟢 RTX 3070 | On Amazon | https://geni.us/6q2IWAG
🟢 GTX 1660 Tremendous | On Amazon | https://geni.us/k2G0ytP
🔴 RX 5700 XT | On Amazon | https://geni.us/LpPDYa
🔴 RX 5600 XT | On Amazon | https://geni.us/w9CmpF
🔴 RX 5500 XT 8 GB | On Amazon | https://geni.us/Vrxg
🔴 RX 6800 XT | On Amazon | https://geni.us/fpff
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🌐 Discover us on:
► E mail – Workforce@MiningChamber.com
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