1 00:00:00,520 --> 00:00:01,540 Hey, guys, welcome back. 2 00:00:01,870 --> 00:00:06,730 So in this lecture, we are going to discuss about mining crypto guarantees, according to me, it's 3 00:00:06,730 --> 00:00:12,900 the best way to generate cryptocurrency through minimum investment as this cryptocurrency is are costly. 4 00:00:13,210 --> 00:00:16,440 We can see that many of us are unable to buy them. 5 00:00:16,870 --> 00:00:21,050 But through this market method, we can generate them with the computer. 6 00:00:21,580 --> 00:00:27,100 And the only charges we need to pay is electricity bill, which is also pretty low as compared to the 7 00:00:27,100 --> 00:00:29,450 earnings you can gain through mining cryptocurrency. 8 00:00:30,100 --> 00:00:32,320 So what exactly is crypto mining? 9 00:00:32,590 --> 00:00:33,160 Let's see. 10 00:00:34,230 --> 00:00:40,500 What is good for the money, so we know that all this transfer and security of cryptocurrency is dependent 11 00:00:40,500 --> 00:00:47,580 on the block gene technology and in gene technology, there are a couple of hours in a network through 12 00:00:47,580 --> 00:00:52,530 which crypto currencies are transferred for detailed description of blocked into technology. 13 00:00:52,920 --> 00:00:57,650 You can revisit the whole Thoughtworks lecture, which we discussed previously. 14 00:00:58,110 --> 00:01:04,050 And we know that higher the number of solar higher is the security of this transfers. 15 00:01:04,560 --> 00:01:07,340 And this servers are set up by cryptocurrency miners. 16 00:01:07,350 --> 00:01:09,410 So what exactly is crypto mining? 17 00:01:10,170 --> 00:01:17,310 Crypto mining is a process in which you said a cryptocurrency mining rig, which mainly consists of 18 00:01:17,310 --> 00:01:23,280 some computer parts joined together, which had some transfer of crypto currencies by setting the server, 19 00:01:23,430 --> 00:01:27,570 as well as it provides a major security option for these transfers. 20 00:01:28,650 --> 00:01:33,750 These miners are paid some transaction fees as well as some mining fees for their services. 21 00:01:34,830 --> 00:01:38,950 Well, you cannot set up a block chainsawed unless you have a supercomputer. 22 00:01:38,970 --> 00:01:41,020 But what are normal computers? 23 00:01:41,340 --> 00:01:43,230 You can join a mining pool. 24 00:01:43,410 --> 00:01:50,730 Actually, a mining pool is a network of computers which connected together as a whole so it can easily 25 00:01:50,730 --> 00:01:53,610 connect a computer with a mining pool and unencrypted. 26 00:01:54,180 --> 00:02:01,290 Also, some professional miners said a specially designed mining rig for the sole purpose of cryptocurrency 27 00:02:01,290 --> 00:02:01,680 mining. 28 00:02:01,980 --> 00:02:03,060 We'll discuss about this. 29 00:02:03,060 --> 00:02:05,610 Mining regulated cryptocurrency. 30 00:02:05,610 --> 00:02:11,370 Mining is quite famous because you can generate recurring cryptocurrency with very low investment. 31 00:02:11,940 --> 00:02:18,570 And if you set up a mining rig, the investment options are quite low as compared to the current prices 32 00:02:18,900 --> 00:02:20,120 of this cryptocurrency. 33 00:02:20,850 --> 00:02:25,620 So mining is the easiest way of getting passive income and crypto currencies. 34 00:02:25,950 --> 00:02:30,000 So what is mining, Rick, motorist's component and what is it? 35 00:02:30,000 --> 00:02:31,380 Efficiency, mining? 36 00:02:32,010 --> 00:02:32,490 Mining? 37 00:02:32,490 --> 00:02:32,680 It is. 38 00:02:32,880 --> 00:02:37,720 It is a complete set up of computer components which help been transfer of cryptocurrency. 39 00:02:38,310 --> 00:02:41,110 You can also mine crypto currencies with your local computer. 40 00:02:42,240 --> 00:02:49,310 The mining consists of several parts, but the main components of mining orographic got as the helping, 41 00:02:49,320 --> 00:02:51,540 decrypting and encrypting bitcoins. 42 00:02:51,840 --> 00:02:54,060 Well, transferring them, but not bitcoins. 43 00:02:54,420 --> 00:02:58,310 Every cryptocurrency, the higher the number of graphic got. 44 00:02:58,320 --> 00:03:02,520 Higher is the efficiency of mining rig and higher earnings. 45 00:03:02,940 --> 00:03:05,880 Let's see Arigon identify parts using it. 46 00:03:07,000 --> 00:03:13,570 So here is a mining, the productivity of mining, it depends on the number of graphical cards attached 47 00:03:13,570 --> 00:03:13,880 to it. 48 00:03:14,350 --> 00:03:18,750 So here are the main components required for developing a mining rig motherboard. 49 00:03:19,480 --> 00:03:25,990 But it should have the capability of linking to a number of connections for graphic art, graphic art, 50 00:03:25,990 --> 00:03:34,720 of course, power supply, 250 GB as an item, it usually takes up to twenty five Zuby and a Bitcoin 51 00:03:34,720 --> 00:03:38,490 wallet requires a of more Internet connection. 52 00:03:38,500 --> 00:03:43,810 Well, Internet connection is more recommended by the world wireless connection, which will also look 53 00:03:43,810 --> 00:03:44,110 fine. 54 00:03:44,830 --> 00:03:50,310 And the cooling system as it is graphically cards generate a lot of heat in this regard. 55 00:03:50,320 --> 00:03:56,110 We can see a six GB mining rig for A.W. Mining rigs are also available. 56 00:03:56,500 --> 00:04:04,030 You can also find them on shopping websites like Amazon or you can make them by yourself. 57 00:04:04,690 --> 00:04:05,980 That's it for this lecture. 58 00:04:06,340 --> 00:04:08,650 But this is the main point about crypto mining. 59 00:04:08,680 --> 00:04:14,740 After this, we are going to start the interceptor and which will discuss about the dangers and apprehension 60 00:04:15,490 --> 00:04:17,150 of visiting the deep, dark web. 61 00:04:17,170 --> 00:04:18,250 So see you there. 62 00:04:18,450 --> 00:04:19,330 Thank you very much.