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Cryprocurrency · Transaction In the context of blockchain technology, a transaction is a transfer of value between two or more parties. This transfer is...
how mining works? · what should the miners do in idle time? when all nonce will be exhausted in 4*10^-9 sec. and this time is in nano sec which is less...
how mining works · Nonce Range A modest miners does 10^8 hashes/sec. that means 4 * 10^9 nonce will be covered in = (4 * 10^9)/(10^8)=40 sec. A miner...
How Mining works · A mining pool forms when group of miners work together to mine a block. The pool manager receives the coinbase transaction if the...
CPUs VS GPUs Vs ASCIs · How Mining Works Miner uses different technology to generate the hash. those technology has different hash rates. CPU's At the...
How Mining works · The Nonce is the number that blockchain miners are solving for.Nonce Target Target is a number used in mining. Target must be below...