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su-do
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#bitcoin | 300kb
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_kami_gawa 9 months ago
A bit more technical explanation on how #Bitcoin #Mining works When searching for a block, the miner hashes the transactions along with other block data and modifies the nonce and block timestamp to generate different hash outputs. The hashing function used is SHA-256, which produces a 256-bit hash. The network difficulty (currently 119T) determines how small the hash must be in order to successfully mine a block. The formula is super simple: 2²⁵⁶ (SHA-256 produces a 256-bit output) divided by Network difficulty (119T)=1,190,000,000,000 So, the higher the network difficulty, the smaller the block hash must be to be considered valid. This explains why the number of leading zeros in the block hash increases as difficulty rises. For example, in binary: 0001 is smaller than 0100. The total number of possible SHA-256 hashes is 2²⁵⁶, which is such a huge number that finding a hash smaller than 2²⁵⁶ / 119T is practically impossible.
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_kami_gawa 9 months ago
#Bitcoin is not digital gold. It's a P2P network enabling global value exchange without third-party approval. Bitcoin allows people to peacefully opt out of the fiat system, as revolutions aren't feasible today (government is too strong).
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_kami_gawa 9 months ago
I believe I saw an MR for Assume UTXO. I can’t think of a reason this would be a bad update or go wrong. Can someone please provide a perspective on how Assume UTXO could be dangerous to the network?
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_kami_gawa 9 months ago
image Udi & friends spammers are failing badly to spam the network. Pathetic.
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_kami_gawa 10 months ago
Hey friends, which #BitAxe model do you suggest?
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_kami_gawa 10 months ago
Does anyone remember this legend? I still listen to 1ThousandX sometimes 🤣🤣 After the crazy pump and dump of the last two days, the video below feels perfect.
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_kami_gawa 10 months ago
2017/2018 were my favorite years in #Bitcoin. The memes were top-tier, the "toxic" crowd was full of personality, and Twitter felt like a wild frontier of passionate debates, hope, and raw emotions. Every day, there were intense discussions, ridiculous price action, and an unmatched sense of camaraderie. If you weren’t around back then, I genuinely feel bad for you—you missed the golden era. It wasn’t just about the price; it was about the culture, the humor, and the feeling that we were all part of something huge. Today? The whole space feels different. Less fun, more exhausting. The energy has shifted, and honestly, I miss those days.
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_kami_gawa 10 months ago
How brainwashed must you be to think a billionaire cares about us? It’s worse when a Bitcoiner believes this.
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_kami_gawa 10 months ago
How not to get hacked 101. You're welcome. - Avoid P2PK & Address Reuse – P2PK exposes your public key, and address reuse leaks privacy and weakens security. Always generate a new address for each transaction. - Use a Hardware Wallet – Preferably air-gapped. - Download Sparrow Wallet from the official source and check the PGP signature. - No Signing Online. Signing transactions while connected exposes your keys to malware or remote attacks. Go fully offline before signing. Stay safe, stack sats, and verify everything. 🚀
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_kami_gawa 10 months ago
If we go up from here, this will be a great support. I love to see the #bitcoin price going sideways, personally I would like this price action to continue for many more months. image
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_kami_gawa 10 months ago
I struggle to believe that #Bitcoin blocks will be full of monetary transactions in the future. I have mixed feelings about this. What if mining becomes unprofitable and only governments can afford to mine at a loss? That would be worse than having blocks full of spam.
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_kami_gawa 10 months ago
Ethereum is the proof that having shitcoins on your chain doesn’t make it more valuable. Tokens on #Bitcoin should be discouraged and treated like an attack.
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_kami_gawa 10 months ago
AntPool turning off some machines is very good for #Bitcoin. We don't need more hashrate, we need more pools OR more pools that allow miners to create custom templates like #ocean_mining does.
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_kami_gawa 11 months ago
A funny challenge for devs, can you optimize this merkle root calculation? No chat gpt lol ``` const { createHash } = require('crypto'); const sha = (v) => createHash('sha256').update(v).digest('hex'); const computeMerkleRoot = (txs) => { let i = 0; let next = []; while (true) { if (i >= txs.length) { txs = next; next = []; i = 0; } else { if (!!txs[i + 1]) { next.push(sha(txs[i] + txs[i + 1])); } else { next.push(sha(txs[i] + txs[i])); } i += 2; } if (!txs.length || txs.length == 1) { break; } } console.log('Merkle root:', txs.join('')); }; const txs = ['A', 'B', 'C', 'D']; computeMerkleRoot(txs); ```
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_kami_gawa 11 months ago
Saylor not buying this weekend is amazing news. He has too many bitcoins and is too much under the spotlight. Ah, MSTR is a scam anyway.
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_kami_gawa 11 months ago
These 2 are not just scammers, they are also monsters lmao 🤣 🤣 🤣 image
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_kami_gawa 11 months ago
1 sats/sbyte is great. Hope FPPS pools will slowly become unprofitable and die.