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To: Hot Tabasco

“I’ve read countless articles on Bitcoin and mining, and I still have no understanding on what it is or how it is mined.”

Bitcoin generates a target hash consisting of alpha-numeric characters which a numeric value.

Generating hashes is easy but generating the hash you want is hard.

Miners must use the header of the block chain to solve for a hash less than the target hash. This is done buy interatively changine an allowed character. When they do and if they are the first, they have mined a Bitcoin.


45 posted on 03/22/2025 6:40:14 PM PDT by TexasGator ("i//11111111I11'C'1111.'I,X1.1111'1'./iI11 .I1.11.'1I1.I'')
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To: TexasGator

buy interatively >> by iteratively


47 posted on 03/22/2025 6:54:47 PM PDT by TexasGator ("i//11111111I11'C'1111.'I,X1.1111'1'./iI11 .I1.11.'1I1.I'')
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