What kind of mathematical problem Bitcoin miners have to solve?

ella
Posts: 107
Joined: Tue Aug 22, 2017 12:43 pm

What kind of mathematical problem Bitcoin miners have to solve?

Wed Aug 23, 2017 5:20 am

What kind of mathematical problem Bitcoin miners have to solve?
cologicat
Posts: 102
Joined: Wed Apr 26, 2017 8:48 am

Re: What kind of mathematical problem Bitcoin miners have to solve?

Wed Aug 23, 2017 8:27 am

Each excavator or mining pool assembles a square which is a wicker bin of checked exchanges that they need to distribute to people in the blockchain. When they have that square at extraordinary "perplex" to explain. If it relies upon the particular square they are attempting to fabricate (and everybody's is pretty much one of a kind). Approve. Still with me?
The need to run that square information through a hash calculation. Consider it a junk compactor. Like the one on the Death Star, confinement level. Suppose that each time the compactor is enacted, the substance is crushed into an irregular wreckage of metal, water sewage, Luke, Han, Leia, 3PO and Wookie parts. The astound challenge is the thing that arrangement of junk after compacted will bring about a Wookie head at the highest point of the packed solid shape of refuse.
There is no real way to scientifically ascertain what unique plan of metal, squander, sewage, serpent creature, Heros and Chewie will bring about a Wookie go to the highest point of the packed yield so the best way to see is to ceaselessly attempt diverse beginning conditions until the point that you discover one that works, IE you continue rehashing the test dropping the saints into the waste in various request, revising the organization of the current trash, measure of sewage and so forth, until the point when you get one that has Chewie gazing at you with those doggie eyes.
They do this ceaselessly every minute of every day.
When they get a Wookie head at the best they have discovered an answer for the square and they win the piece reward and communicate their answer (finished piece) to the system to assert their prize.
All things considered, the trouble is spoken to by various driving 0's to the squares hash. Excavators continue emphasizing through a piece of the hashed information called a nonce (pointless bits of information used to adjust the potential structure of the hash) so as to check whether they can get a hash number which has the essential number of driving zeros in it.
I think the Star Wars similarity is simpler to get a handle on the off chance that you aren't a PC researcher.

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