CRYPTO MINER PI

Disclaimer

Any actions and or activities related to the material contained within this Website is solely your responsibility. The misuse of the information in this website can result in criminal charges brought against the persons in question. Cyber Security Associates Limited, will not be held responsible for any criminal charges brought against any individuals misusing the information in these projects to break the law.

Warning

To extract the crypto currency generated you will need to set up your own wallet. You will need to do your own research into each currency you decide to mine, and setup your own wallets. This will not be covered in this project.

Please ensure you are using the latest SD Card image which is available here.

 

Learning Outcomes

  • Develop and understanding of crypto currencies;

  • Understand how mining works;

  • Configure the Raspberry Pi to start to mine Dash. 

 

Hardware Required

Component Number (Box Case)

Slot 1

Slot 11

Slot 2

Slot 11

Slot 11

Slot 12

Slot 13

Component

Raspberry Pi + Case

Raspbian SD Card

HDMI

Wireless Keyboard

Wireless Mouse

Power Supply

 

Video Guide

Conclusion

There are many that believe that blockchain is the future of currency as it provides more long-term security as it is very difficult to replicate or be used for fraudulent purposes. With many blockchain types of currencies, each one needs thorough research to understand the technology behind it and the hope that it will be adopted and become profitable to mine. Mining requires the initial cost outlay for the hardware requirements and has ongoing costs for electricity. If the cost of the crypto currency become too high, then it might not be profitable to mine. However, it is important to understand the background and usage of crypto currencies and how more cities are accepting crypto currencies for common goods purchases which can be done as easily as using contactless bank cards. 

 

Video Guide