Bitcoin miners run out of guesses in less than a second, over and over. Every block header has a slot called the nonce, a number miners change to get a fresh hash, and its roughly 4.3 billion values go by in a split second on a modern machine. So miners also tweak a spare field in the block’s first transaction and count again. Each tweak brings new guesses, until someone finds a hash below the target. Part of the Crypto Basics series from HashedMax. Educational only, not financial advice. Learn more: https://pools.hmpool.io #bitcoinmining #nonce #education #mining #cryptobasics
Leave a Reply