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#011 - Bitcoin Mining For Absolute Beginners (Step-by-step)

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Manage episode 522394600 series 3696963
Content provided by William Wright. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by William Wright or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ready to stop guessing? Learn how thousands have built a proven cryptocurrency portfolio, book a call here: https://imperialwealth-services.com/crypto-consultation-ccw-yt

Will breaks down Bitcoin mining in plain English so you actually understand what gives Bitcoin its value. He explains how the Bitcoin network works, why mining is essential, how block rewards and halvings are coded, and what miners are really doing behind the scenes. You’ll learn how ASICs, power costs, network difficulty and Bitcoin’s price all feed into profitability, plus how mining is pushing a big shift toward renewable energy. If you’ve ever repeated “21 million Bitcoin” without really knowing why it matters, this episode will flip the switch for you.

👉 Book in a free 30-minute strategy call with Imperial Wealth Crypto:

https://imperialwealth-services.com/crypto-consultation-ccw-yt

👉 Book in a free 30-minute Bitcoin Mining & Hosting Call with Mining Store: https://www.miningstore.com.au/mining-consultation-ccw-yt

Follow Crypto Coach Will:

https://www.instagram.com/cryptocoachwill

https://www.tiktok.com/@iw.crypto

https://www.facebook.com/cryptocoachwillwright

https://x.com/cryptocoachwill

https://www.linkedin.com/in/william-wright-63a9b9116/

Timestamps:

00:00:00 - Introduction

00:00:03 Why Bitcoin needs to be mined

00:04:12 How blocks connect

00:04:24 Intro to Bitcoin mining

00:04:29 Bitcoin’s 21 million cap

00:05:04 How blocks are recorded

00:05:11 Mining rewards explained

00:05:29 What miners actually do

00:05:55 The mempool

00:06:12 The block vault analogy

00:06:29 Cryptographic puzzle

00:22:27 Elon Musk history

00:24:59 Important

00:25:03 Subscribe

00:25:08 Expert call CTA

00:25:23 Follow on socials

  continue reading

12 episodes

Artwork
iconShare
 
Manage episode 522394600 series 3696963
Content provided by William Wright. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by William Wright or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Ready to stop guessing? Learn how thousands have built a proven cryptocurrency portfolio, book a call here: https://imperialwealth-services.com/crypto-consultation-ccw-yt

Will breaks down Bitcoin mining in plain English so you actually understand what gives Bitcoin its value. He explains how the Bitcoin network works, why mining is essential, how block rewards and halvings are coded, and what miners are really doing behind the scenes. You’ll learn how ASICs, power costs, network difficulty and Bitcoin’s price all feed into profitability, plus how mining is pushing a big shift toward renewable energy. If you’ve ever repeated “21 million Bitcoin” without really knowing why it matters, this episode will flip the switch for you.

👉 Book in a free 30-minute strategy call with Imperial Wealth Crypto:

https://imperialwealth-services.com/crypto-consultation-ccw-yt

👉 Book in a free 30-minute Bitcoin Mining & Hosting Call with Mining Store: https://www.miningstore.com.au/mining-consultation-ccw-yt

Follow Crypto Coach Will:

https://www.instagram.com/cryptocoachwill

https://www.tiktok.com/@iw.crypto

https://www.facebook.com/cryptocoachwillwright

https://x.com/cryptocoachwill

https://www.linkedin.com/in/william-wright-63a9b9116/

Timestamps:

00:00:00 - Introduction

00:00:03 Why Bitcoin needs to be mined

00:04:12 How blocks connect

00:04:24 Intro to Bitcoin mining

00:04:29 Bitcoin’s 21 million cap

00:05:04 How blocks are recorded

00:05:11 Mining rewards explained

00:05:29 What miners actually do

00:05:55 The mempool

00:06:12 The block vault analogy

00:06:29 Cryptographic puzzle

00:22:27 Elon Musk history

00:24:59 Important

00:25:03 Subscribe

00:25:08 Expert call CTA

00:25:23 Follow on socials

  continue reading

12 episodes

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