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

⌚ 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
19:01 - Wrap-up & Outro

Congrats to the giveaway winners!!

⭐GPU Mining Rig Buying Guide:
⭐Ways To Sell Crypto:
⭐Ways To Buy Crypto:
⭐Where To Store Your Crypto:

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