Bitcoin Forum
May 02, 2024, 03:08:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Other > Beginners & Help > SHA256 Algorithem; How does mining work?
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: SHA256 Algorithem; How does mining work?  (Read 2267 times)
Centaure (OP)
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
March 15, 2013, 09:59:59 PM
 #1
Hi guys,

I had a look at the SHA256 algorithm on http://celan.informatik.uni-oldenburg.de/kryptos/info/sha2/overview/. It is quite a nice way to explain it.

One can try it out on http://celan.informatik.uni-oldenburg.de/kryptos/algo/hash/sha2/.

When I saw this I was asking myself on what do we apply this algorithm for mining bitcoins. I would like to find out how that works for one hash to understand the notion of cryptocoins in general.

Best Regards,
Centaure
1714662488
Hero Member
*
Offline Offline

Posts: 1714662488

View Profile Personal Message (Offline)

Ignore
1714662488
1714662488
Reply with quote  #2
1714662488
Report to moderator
1714662488
Hero Member
*
Offline Offline

Posts: 1714662488

View Profile Personal Message (Offline)

Ignore
1714662488
1714662488
Reply with quote  #2
1714662488
Report to moderator
In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714662488
Hero Member
*
Offline Offline

Posts: 1714662488

View Profile Personal Message (Offline)

Ignore
1714662488
1714662488
Reply with quote  #2
1714662488
Report to moderator
DannyHamilton
Legendary
*
Online Online

Activity: 3388
Merit: 4613



View Profile
March 16, 2013, 01:13:52 AM
 #2
Mining involves repeatedly performing the SHA-256 hash of the block header (incrementing a nonce each time) until you stumble across a hash that has a lower value that the current bitcoin network difficulty target.
dscotese
Sr. Member
****
Offline Offline

Activity: 444
Merit: 250


I prefer evolution to revolution.


View Profile WWW
March 16, 2013, 01:21:38 AM
 #3
Here you go.

Now I'll go read it myself :-)
I like to provide some work at no charge to prove my value. Avoid supporting terrorism!
Satoshi Nakamoto: "He ought to find it more profitable to play by the rules."
Pages: [1]
  Print  
Bitcoin Forum > Other > Beginners & Help > SHA256 Algorithem; How does mining work?
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!