Introduction to Bitcoin mining
Description
Discover the fundamentals of Bitcoin mining
To understand the proof of work is to understand how Bitcoin works. Without this invention and its ingenious use, Bitcoin simply couldn't have existed. This course provides you with all the mining theory you need for your bitcoin journey.
MIN 101 is primarily aimed at beginners, as it explains all the concepts precisely from scratch. However, if you already have an intermediate level of knowledge, this course will enable you to consolidate your understanding, correct some approximate intuitions and explore details often missing from mainstream explanations.
By the end of this course, you'll be able to explain how proof-of-work works in a simple and rigorous way. MIN 101 is also an ideal introduction to all the other more advanced courses devoted to Bitcoin mining on Plan ₿ Academy, whether theoretical or practical.
Learning path
Objectives
- Understand proof-of-work and its role in Bitcoin.
- Analyze the difficulty adjustment mechanism.
- Know what the technical terms associated with mining actually mean.
- Describe the steps involved in building a Bitcoin block and its components.
- Identify major developments in the mining industry.
Curriculum
+-Introduction
+-How proof of work works
+-The Bitcoin mining incentive system
+-The Bitcoin mining industry
This course is taught by Loïc Morel
I write educational content about Bitcoin.
