When a block is solved, is everyone else's work wasted?

[cjcole8]

Everyone's working on a different block because everyone has a different coinbase (the first transaction that says where to send your 25 BTC reward + transaction fees).  Plus my understanding is every miner creates their own blocks anyway, meaning they choose however many (or however few) transactions they want to stick in there - as well as which ones to put in.

[Peter Lambert]

Does the order the transactions appear also affect the resulting hash? That would be another dimension in which blocks can differ.

[DannyHamilton]

Does the order the transactions appear also affect the resulting hash? That would be another dimension in which blocks can differ.

Yes.

[wachtwoord]

Wow what a bunch of long answers.

TLDR; "Work is not incremental"

[ringthefire]

Excellent information, thank you.