Author

Topic: SHA256 Algorithem; How does mining work? (Read 2267 times)

sr. member
Activity: 444
Merit: 250
I prefer evolution to revolution.
March 15, 2013, 09:21:38 PM
#3
Here you go.

Now I'll go read it myself :-)
legendary
Activity: 3416
Merit: 4658
March 15, 2013, 09:13:52 PM
#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.
newbie
Activity: 11
Merit: 0
March 15, 2013, 05:59:59 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
Jump to: