March 2018
Beginner to intermediate
656 pages
20h 9m
English
Content preview from Mastering Blockchain - Second Edition
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Mining systems
Over time, bitcoin miners have used various methods to mine bitcoins. As the core principle behind mining is based on the double SHA-256 algorithm, overtime experts have developed sophisticated systems to calculate the hash faster and faster. The following is a review of the different types of mining methods used in bitcoin and how they evolved with time.