2min chapter

Zero Knowledge cover image

Episode 31: Blockchain 101: Blocks & Block Headers

Zero Knowledge

CHAPTER

Ethereum Mining

The idea that you try the header and one nonce and on that first try you get it is very unlikely. What's more likely is that you're going to be doing that hashing process hundreds, maybe thousands of times. And out of that million one nonce, one version of the nonce will actually result in what you're looking for - six zeros at the beginning. So it's definitely probabilistic game except that the difficulties adjusted such that on average you will always find the solution within the block time.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode