Mining Bitcoin means guessing the solution to a math problem, right?
Guessing and not "simply" solving, because the problem is set in such a way that the only way to solve it is by guessing.
That's the right way to describe it, isn't it?
Or am I wrong?
#asknostr #bitcoin #quantum-entanglement
In terms of guessing vs solving that is a better way to put it. But it’s not exactly a math problem
I'm not the expert on this, but they aren't really doing any math, they are just guessing numbers until they get the right number.
My understanding is that a number between say 0-100, when plugged in solves the hash. Whoever can find the number first solves the block. The difficulty adjustment increases or decreases the range.
