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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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  • Guides
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    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

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    What Is Copy Trading in Crypto? A Beginner’s Guide

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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  • Analysis
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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Dogecoin Bull run

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
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  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    Enhancing Security in Online Gambling with Blockchain Technology

    Enhancing Security in Online Gambling with Blockchain Technology

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    CryptoPunks and Pudgy Penguins Draw Major Sales

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

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    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

  • Gaming
    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Animoca Brands Partnership Unveils Revolutionary Web3 Gaming Future

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Shrapnel to Leave Avalanche in New Partnership with Gala Games

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

    Blockchain Bookmakers: A New Era of Fair and Secure

    Blockchain Bookmakers: A New Era of Fair and Secure

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    The Biggest Games Releasing in August 2025

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    LFG Boosts Token Launches with Community Power

    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

    Here’s What Could Trigger the Next Dogecoin (DOGE) Bull Run, According to Crypto Strategist

    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Mining

What Math Problems Do Bitcoin Miners Really Solve

December 5, 2024
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What Math Problems Do Bitcoin Miners Really Solve
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Bitcoin miners don’t solve complex math problems – they guess numbers. While “solving mathematical puzzles” has become a common description of bitcoin mining, the process more closely resembles a massive digital lottery where miners race to generate random numbers until they find one that fits specific criteria. Importantly, there’s no way to calculate the correct number directly – miners can only try different numbers until they find one that works, as reverse calculation is impossible by design.

READ ALSO

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Bitcoin Mining Is the Resurrection Of the Working-Class Hero

The key difference lies in computation versus calculation. A math problem like calculus requires step-by-step problem solving. Mining is like trying to flip a coin and get heads 10,000 times in a row – while it sounds impossible for a human, modern mining machines make trillions attempts per second to find the right combination. One computer can’t solve the puzzle better than another – it can only make more guesses faster.

You can even mine bitcoin with pencil and paper by manually calculating SHA-256 hashes. A single computation would take many hours, making it impractical but proving that mining requires no advanced math – just persistence in trying different numbers until finding one that works. The process remains identical whether you use paper or a warehouse of machines – only the speed differs.

Since mining success depends on the number of attempts, regular computers quickly became inefficient. Like any production business, mining now requires capital investment in specialized equipment – miners typically purchase ASIC machines costing from $500 to $20,000 per unit. This drives most mining to industrial facilities, but individual miners continue to operate with proper equipment investment.

See also  Bitcoin Breaches $52,000, Reclaiming $1 Trillion Market Cap

Mining converts electrical energy into heat through the physical process of electrons moving through semiconductor circuits during computations. As computers process these calculations, about 95% of the consumed electricity transforms into thermal energy. This property led manufacturers and enthusiasts to develop dual-purpose devices – specialized heaters and boilers that mine bitcoin while warming living spaces, reducing heating costs and in some cases generating modest profits.

While some small-scale miners focus on heat recycling, large-scale operations seek areas with cheap power. Countries with abundant renewable energy, like Bhutan which mined $750 million worth of bitcoin using hydroelectric power from its Himalayan rivers, show how nations can convert unused renewable energy capacity into significant financial returns.

How Bitcoin Hash Calculation Works

When users make bitcoin transactions, they enter a pool of pending operations waiting for verification. Miners combine pending bitcoin transactions into a block and add a random number to it. Each miner competes to be first in validating a block.These blocks are then verified by thousands of Bitcoin nodes across the network. They process this data through the SHA-256 formula, producing a 64-character code called a hash. A hash qualifies only if it falls below the network’s target value, which Bitcoin sets and maintains. This target represents the required difficulty level – every new hash must start with a specific number of zeros defined by this value. Miners keep trying different random numbers until they find a qualifying hash.

The Bitcoin network monitors how quickly miners find valid hashes. Every 2,016 blocks, the network adjusts its target value. When miners find blocks too quickly, the network lowers the target, requiring smaller hash numbers. When block discovery slows down, the target rises. This adjustment system maintains a steady rate of one new block every 10 minutes, regardless of total mining power.

See also  Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights

Tags: BitcoinMathMinersproblemssolve

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Blockchain-Based Gaming Platforms 

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NFT sales rise 16.1% to $96.1m, Bitcoin network dethrones Solana

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