It's not a puzzle. it is the SHA256 hashing algorithm designed by the NSA.
You keep hashing the block data plus a nonce until you find a value lower than the target. That's the solution.
Oh the target is continually adjusted according to the network hashing rate- every 2016 blocks.
You haven't read the right material yet.
You keep hashing the block data plus a nonce until you find a value lower than the target. That's the solution.
Oh the target is continually adjusted according to the network hashing rate- every 2016 blocks.
You haven't read the right material yet.
What are your suggested reading materials for this? I only use bitcoin for sending and receiving money and so don't know any of the technical stuff related to it. I only have vague idea of the blockchain and the only thing I now about mining is that they solve problems. When I see debates in thread there's plenty of jargon thrown around.
I'm sorry. I'm on the road right now so I'm working from a tablet. I'm sure I have a few links on my desktop at home I can post later (it'll be a few days). If I had save all the stuff I had to read to figure out what mining really is, I could have written a book on the subject.
I wonder if someone hasn't already linked this information on Bitcointalk?
Probably hidden under a lot of thread?
The threads on the first page are always those that have recent activity. I find that a bit annoying since sometimes I would start to read a thread and realize it was from long ago, like 2011 or something and it was only on the first page because someone did a necro. I dunno why they don't allow sorting it by date created. Guess I really have to man up and look for Satoshi's whitepaper. Crossing my fingers that my head don't explode as I read it. 
I do have the link to where I was schooled on this!
https://bitcointalksearch.org/topic/how-to-sort-posts-in-a-board-by-original-post-time-1496687
And I'm still learning
Thanks, I'll try this.
