Andreas explains how mining Bitcoin involves hashing, puzzle-solving, and a special number called the nonce.
0:00 What miners do to solve the mining puzzle?
0:16 The miners use a hashing algorithm called SHA 256 to produce a hash
1:02 The miners takes the block header from the candidate block
1:43 There’s a special number in there called the nonce
2:03 How difficult is it to solve the puzzle?
2:33 Summary: What is the miner doing?
What is a Monthly Q&A Community Builder Livestream?
Once a month, Andreas answers community questions on anything related to Bitcoin, Ethereum, the Lightning Network, really anything related to open blockchains. He’s live on YouTube for about an hour, answering the best questions asked by Community Builders on Patreon, Community Members on YouTube, and anyone who shows up during the event.
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