I want to understand the process of how miners solve the
Bitcoin mining puzzle. I'm curious about the specific steps and techniques they use to successfully mine Bitcoins.
7 answers
Tommaso
Thu Dec 26 2024
The target value essentially represents the difficulty level required for mining.
Lucia
Thu Dec 26 2024
To meet this difficulty level, each new hash must begin with a certain number of zeros.
Davide
Thu Dec 26 2024
A hash is considered valid only when it meets the network's specified target value.
Giulia
Thu Dec 26 2024
The exact number of zeros is determined by the current target value.
CryptoAce
Thu Dec 26 2024
Bitcoin is responsible for setting and maintaining this target value.