Question: At lowest difficulty, the bitcoin hash target has 8 leading hexadecimal zeros. At this difficulty, how many tries on average does it take to find
At lowest difficulty, the bitcoin hash target has 8 leading hexadecimal zeros. At this difficulty, how many tries on average does it take to find a valid block?
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To solve this problem we need to understand how the Bitcoin proofofwork system operates and what is meant by the hash target and difficulty Step 1 Und... View full answer
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