Replying to ₿itcoin

The empty #bitcoin block is

hash:000000000000000000003d26acf0095a6c977b8da6918cc368098992d22e6f94

height: 813365

mined by antpool 5hours ago.

a bossible and likely but rare-case scenario is that during the mining process, an valid empty block template is being hashed by a mining entity.

1/3
3c
₿itcoin 2y ago

When miners are mining, they get a block template (a pre-determined block that only needs the right hash) from a central authority shoved down their throats. Or they can create one themselves.

When they find the right hash for this block, they will continue hashing, but with a different block template filled with the next pending transactions.

2/3

Reply to this note

Please Login to reply.

Discussion

3c
₿itcoin 2y ago

nostr:nevent1qqsph4054hln3lr5jnynzyr25dg8kygsljlth0prev4y4mjpyk8xpgspp4mhxue69uhkummn9ekx7mqzypccmdu00yaerldvqa9lfu6zadha3dqvs2h2lnakld7v6s5c0j8cjqcyqqqqqqgrrrc7e

Yes, because a mining operation is a high intensity process, you need to keep them contstantly running on full power. Therefore, any moment that the new block template is not composed yet is a waste of energy. So during this time, miners hash with an empty template to still make those hashes potentially profitable.

3/3