Bitcoin Mining in 4 Minutes – Computerphile

30 Comments

1. I want to start mining bitcoin now, please I need advice. What should I need as a beginner
   Thanks

2. Wtf isthe meaning of this

3. The genious of BTC amazes me everyday

4. Thanks so much, this was the best explanation on this topic I've seen so far.

5. All transactions work successful dealing with XXXVPL7

6. on telegram

7. OK who is in control of the difficulty? Who decides to make it easier or harder?

8. Finally someone who can explain this correctly, thanks a lot

9. Wasting this much electricity so that a few crypto bros can hope to become rich without doing anything. Mankind in a nutshell.

10. in the example he gives, whiy is is important to have a large number of leading zeros? whats wrong with just accepting the VERY FIRST GENERATED HASH? please educate me. as it seems like a very inefficient idea to base this on. obviously, im a novice.

11. How many consecutive 0s does bitcoin need?

12. Novice here. I'm still struggling to grok this. Where would you get the previous block hash and transactions from to attempt to create the new block?

13. I’m so glad that this worked Maskoffweb added $10,000 to my PayPal account successfully

14. I’m so glad that this worked Maskoffweb added $10,000 to my PayPal account successfully

15. 0:24
    Blocks

    1:04
    0s and 1s

    2:04
    Hashes

    2:34
    Mining difficulty

    3:25
    Special equipment

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24. When you say the network can reduce or increase the difficulty to hash, who exactly is in charge of that ?

25. But it still means the people with the fastest processors mine most of the bitcoin.

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28. ⚕️I invest a little amount and it generates 50000 USD from is mining⌨️

29. What are some typical hash functions?

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