Replying to c5cba3ba...

you can do it even with your bare hand but based on the math you need a very powerful and quick hand to pick all the tickets down to a winning one.
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Jack Spirko 10mo ago 💬 1

Speed is the only issue. It isn't "picking tickets" each attempt is one try. It is ONE winning ticket that wins each block. There is NO MATH on the mining side.

For instance when an ASIC submits the first "guess" the second guess has noting to do with the first guess.

The math is on the other side with the nonce. The ASIC is just throwing strings at it. Each block has a new random nonce. Again it is more like a brute force attack on a password then a math problem.

It is literally like saying the guy who won the lottery did it because he was good at math.

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c5cba3ba... 10mo ago 💬 2

agree except for the only one winning ticket. there are kinda 10^57 winning tickets but you need to find at least one of them in between of 10^77. which is pretty rare. this conclusion is based on msth

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Jack Spirko 10mo ago

The only reason there is ONE winning ticket is because once a winner if found the "game" stops.

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Aldin 10mo ago 💬 2

This metaphor does not match reality at all. Pls stop.

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Jack Spirko 10mo ago

You are the one in denial of reality if you don't like the discussion leave.

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Aldin 10mo ago

I like your podcast, but man, you are hella stuborn.

You see, if you were a random person, I would not care. But you are speaking to a decent public audience, so I think it is apropriate to call you out when you are wrong.

The main point is, that bitcoin ASIC miner calculates SHA256. It takes a block, and hashes it, each time with a different nonce, until it finds a hash lower than a certain number (according to difficulty) - that is SHA256 hash with many leading zeros. This is how proof of work is done.

You do not have to trust me. You can go look it up.