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D++: Understanding Bitcoin Mining Simply

Coin Stories

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What Is Hashing and What Does It Do?

Hashing is an operation that takes something in and spits something out. What goes into a hash function is anything you like. I call it the kitchen sink because i can give it a number, a word, a letter, a phrase,. A sentence, the contents of an entire book. Now thisis used extensively in bit coin. It's used in key derivation. Its used in h d wallet derivation. And of course, it's used extensively in mining. But before i talk about how it's used in mining, i just want to make sure that we understand the basic concept of hashing.

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