Cryptocurrency Mining For Dummies – FULL Explanation


In this video, I explain to you what Cryptocurrency Mining is in plain English and I also go over the main impacts on your profits, different types of rigs, and as well as EIP-1559 and ETH 2.0.

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

ALL CRYPTO GUIDE
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Disclaimer – This is not financial advice – please do your own research. Everything is for entertainment purposes and from our personal experience.

We use Amazon affiliate links. That means if you order using the link we will get a small commission with no additional costs to you! Thank you for your support!
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