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What kind of hash do miners create when opening a new block?
Hello, I have a question that I can not answer through Google. What is the mathematical complexity when opening a new blockchain block and why is each subsequent one more difficult than the previous one? If anyone has links, I'd appreciate it.
Thank you.
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The block checksum must be less than a certain value ("target"), and this value is constantly decreasing (every 2016 blocks, i.e. about once a day).
Details here:
- https://en.bitcoin.it/wiki/Target
- https://en.bitcoin.it/wiki/Difficulty
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