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Book Overview & Buying
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Table Of Contents
Modern Computer Architecture and Organization - Third Edition
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Bitcoin mining began as a profitable diversion for computer enthusiasts who used spare processing cycles to make a little money. With the spread of expensive, noisy, power-hungry mining systems worldwide, the ability to make even a minimal profit with a homemade Bitcoin mining system has all but disappeared.
This is one reason for the development of numerous cryptocurrencies, commonly referred to as Bitcoin alternatives, or altcoins. Some altcoins are designed to make it more difficult and more expensive to create an ASIC that solves the coin's mining challenge. Others focus on avoiding the computationally intensive proof of work that underpins Bitcoin altogether. By avoiding intentionally compute-intensive operations, these coins significantly reduce the electrical energy required to mine and transact with them.
For any cryptocurrency to become widely accepted and used, new users must be confident that any funds they entrust to the currency will retain...