Marc26z on Nostr: Miners hash the data of transactions in the mempool with a nonce gazillions of times ...
Miners hash the data of transactions in the mempool with a nonce gazillions of times a second.
The double hash 256 hashes are like lotto tickets. If you buy more lotto tickets, you have a better chance of winning. If you find a hash of the transactions and a nonce that is lower than the ptevious block, you are awarded the subsidy and fees.
Every 2 weeks(2106 blocks) the difficulty is adjusted based on the aggregate hash power is on the network to help keep it 10 minutes on average. It's actually a little less.
Here is the hash of the latrst block. Notice the leading hex 0's. If there are more zeros, it's more difficult. Less zeros is easier to find.
000000000000000000009ec49467ad6947c4ddb495977452dcc4a1d8629b8453
The next one needs to be lower than that.
Published at
2025-05-27 03:30:00Event JSON
{
"id": "f6ef667c16ab9929aa93a235382f9a02b06142373c0af598075c78879e703dbb",
"pubkey": "df478568479de26b4a83c1bdc4dbab61b5cc82e1a312e2b28bc815a12a951e67",
"created_at": 1748316600,
"kind": 1,
"tags": [
[
"p",
"91add87d6911da5276afe8b316ab1f8688cfee2353853cf715c72c873245770f",
"wss://nos.lol"
],
[
"e",
"84cecf4d0260c0c68ef5021cedf98438f10ca64637dd1e07545afca0465815de",
"wss://nos.lol",
"root",
"91add87d6911da5276afe8b316ab1f8688cfee2353853cf715c72c873245770f"
]
],
"content": "Miners hash the data of transactions in the mempool with a nonce gazillions of times a second.\n\nThe double hash 256 hashes are like lotto tickets. If you buy more lotto tickets, you have a better chance of winning. If you find a hash of the transactions and a nonce that is lower than the ptevious block, you are awarded the subsidy and fees. \n\n\nEvery 2 weeks(2106 blocks) the difficulty is adjusted based on the aggregate hash power is on the network to help keep it 10 minutes on average. It's actually a little less.\n\nHere is the hash of the latrst block. Notice the leading hex 0's. If there are more zeros, it's more difficult. Less zeros is easier to find. \n\n000000000000000000009ec49467ad6947c4ddb495977452dcc4a1d8629b8453\n\n\nThe next one needs to be lower than that. ",
"sig": "64783251975112cf2e710b77801b20b8d17ca49aa30a2572873b9c2ba9c8c441519305b580cd6bd9be76f7f43d16d002f12541b7eb887aa94bc3910c6e0fd811"
}