Mining Difficulty - Simply Explained

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Название	:	Mining Difficulty - Simply Explained
Продолжительность	:	5.32
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Does the 2016th block get accounted for in the next block?
Comment from : The Halving Report

Outstandingly good explanation!!
Comment from : Hadrianos

Why would anyone invest in this crap It’s a game
Comment from : Maria Corson

Great explanation
Comment from : Kevin Vélez

Thank you 👍
Comment from : Tj Mooney

love the explanation but i feel i still have question maybe i missed it in the video as i am still new I am looking at mining 3 different coins when eth stops mining One has a mining difficulty of 33567 G, 7808 M and 556m So i should mine the 5556 M because it is less difficult?
Comment from : Gaming with Kentuckian JD

Thank you!
Comment from : Yuliya Cher

Unbelievable bitcoin could be cracked only on that block every 2weeks 😅 but it can be used to manipulate I mean , I see the first official possible problem of bitcoin here my god every 2016th block could happen something bad idk what but I see one possible knife
Comment from : CrypTso

Thanks
Comment from : Gil Quadros Flores

Thanks this explained a lot of queries
Comment from : Sudarshan MG

How is the tuning accomplished or what/how are they simply generating heat to waste time? How did China's decision to bull out change the difficulty? Who benefited? for how long? For how much?
Comment from : Richard Bucker

I'd love to see what concepts of Bitcoin are old ideas reimplemented and which ones are completely unique
Comment from : indigo0086

But how will last blacok take 100 days? You said no matter what one block will always take 10 mins irrespective of no of miners Please reply
Comment from : Aakash Sonkusare

Mining summed up in first 10 seconds, wow how easy was that and yet I dint come across such short and accurate definition in so many years!!!!!!!
Comment from : Aakash Sonkusare

1 off error is done by almost every programmer
Comment from : MotionIsLife

Satoshi: that mistake is due to for loop and zero based indexing
Comment from : syed habeeb uddin

Wait Satoshi really made an off-by-one error in the bitcoin core system?brIs there a reason it just looks at 2015 blocks, or is it an array indexing oversight?
Comment from : Matt Crouch

Well, miners are incentivise to stay honest and not attack the network If they do, all the capital they invested in their operations along with the Bitcoin they produce will become worthless
Comment from : Money Employed

Shut up! This is insane!
Comment from : Aerowise

So the next change in mining difficulty is in 1 day 14 hours And it will be reduced from 23 to 20 From 11,6 min average targeting 10mins block time Do you think the price of the bitcoin because of this will go up or down?
Comment from : Moris Hogo

I hate myself that I just found you today! :((((((((brbrYou are the best at explaining things in the simplest language my brain can decipher!
Comment from : Jen J

thanks! :)
Comment from : omri

I am really shocked how many people don't know this This is the reason why a hardware investment will hardly be profitable and the energy consumption is skyrocketing As brilliant bitcoin is but people are just greedy and stupid
Comment from : abudaabadi

I'm on hunt to find out who Satoshi Nakamoto is
Comment from : SilverNature Music

Great this was useful, thank you
Comment from : Hugo Logan

Satoshi Nakamoto and 6 other bitcoin developers disliked this video (because it criticizes the mining process and exposes a bug 😂)
Comment from : Hamza Abbad

Thank you for the explanation Could you please explain how miner hashrate will correlate to probability of get a coin Do we need to upgrade our miner hashrate following bitcoin network hashrate?
Comment from : The Harpan

Scrypt proof of work resolves the issue of centralization
Comment from : Chace Bonanno

Please share the link of the solution video talked at 4:28
Comment from : Sarbajit Ghosh

Dude this shit still makes zero sense to me
Comment from : DJ Tykes

You are awesome man!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!brI love your content
Comment from : Manish Pingale

Can i ask you something,,?
Comment from : DonsKi Tv

Can ask you i ask you something,,,,!!!?
Comment from : DonsKi Tv

big mining setups pretty much killed most mining in my eyes !
Comment from : NA

Great video!
Comment from : Dhruv Garg

Great Explanation!!
Comment from : Shubham Pawar

I don't understand the bug part 2016 100 days? Can someone enlighten me
Comment from : natrah01475

dont you think this a waste of electrical energy when some already checked a possibility that update is unknown to otherand they are just spending computational power blindlybrplease correct me if i am wrong
Comment from : random

I dont see the point in changing the difficulty why does it have to be 10 minutes What advantage does that give? Why make it more difficult and wasteful if there is nothing to gain from it And what IS difficulty? More numbers? Bigger numbers?
Comment from : korn bread

awesome!
Comment from : VirtualBacon

Hey man, your videos are good Mind making a video on Intle SGX and on SMPC? Would really appreciate that
Comment from : Ezio Auditore

PLease explain eth gas limit, gas supply etc
Comment from : Carousel

thank you !!! great explanation
Comment from : Pedro

I can't wait until you drop the video explaining the solutions for the data mining centralization problem!
Comment from : Mav Hunter

Thanks for the great explanation as always I thought I knew everything about mining reward, but I was wrong Thanks for adding the rookie mistake detail in the end Turns out everyone can add bugs 😜 By the way, could that bug be fixed after the fact? Who or what sets the difficulty? And how? Does it create a new block that defines the difficulty?
Comment from : Göran Lilja