I want to clarify that this video was to show simple explanation of how core bitcoin mining algo works, to earn actual bitcoin in your wallet you need to integrate mining code with rest of the bitcoin ecosystem. Also you need to have specialized hardware and datacenter with GPUs and ASIC devices that can compute the hash very fast. People run C++ or even assembly code (that is equivalent of the python code shown in this video) to make it faster. Also pending transactions get buffered in a transaction mem pool and miners would get these transactions->mine the valid blocks to add them to a blockchain. I will be adding more videos covering these topics in future.
Do we need to set up a full node bitcoin to solo mining? I have limited resources (hdd) and do not want to download the entire blockchain I'm going to test my original method of finding Nance. please guide me
At work we use verification software that calculates a SHA-1 to check integrity of casino game software to make sure there are no “cheat codes” added to the game code. Does the number following SHA stand for the levels of complexity? 256 levels of complexity?
So annoying that all videos mentions hashing as if it were actually mining, when you are simply hashing random numbers. In order to actually MINE, you need to be connected to the bitcoin blockchain and interact with it, to pull the last block data, and send your nonce once you find it. And so far i could not find any video showing how to do that. All the videos simply explains how to hash strings and think it's mining.
This video is pure bullshit. You aren't mining anything with this code. 1. You need to sync the blockchain with a websocket 2. You need to get the latest block 3. You "mine" the latest block to get a specific hash with zeros 4. You need to send the nonce and block to the blockchain and let validate it
So this 15 lines isn't doing anything just hashing some random bs. Why am I so bitching about it? The title says clearly "BITCOING mining with 15lines…" not "Block mining with 15lines"
All this recommendations about REALSOURCEINVESTMENT🎡ORG are not bots 🤖, they are super talented no one even come close when it comes to hacking network,I came across them on YouTube some years back, and since them all my transactions with them don’t fail,, which shows their credibility.
Followed ANDY & got out of debt, built an emergency fund and then more savings and eventually starting my own business. Now it’s time to seriously invest! Time waits for no one! I swear it feels like I graduated HS yesterday 😂 (38 years old) lol but I have more than enough time! I was in the dumps via credit, owed $44k in card debts and 97k in student loans and really couldn’t afford anymore Tried Lexington law a while back and that was just a mistake My cousin referred me to 365OnlineHack@Gmail🎡COM I’m intrigued by their honesty and service
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Hey. Thank you for the very informative video, and for breaking down a complex problem into something that can be more easily understood. I have one question: Is there only one nonce value that can solve each blockchain, and any other nonce is incorrect, even if it gets the same amount of zeros?
I got my miners at IMINERS,CO and they are great group of people. Miners are great, support is insane, shipping is fast and they provide wholesale discount. My recommendation for them
@codebasics How can we mine real bitcoin I mean you add mock transactions in the data but when we really mine bitcoin they must be real transactions, how can we add real transactions data because it's always growing?
I want to clarify that this video was to show simple explanation of how core bitcoin mining algo works, to earn actual bitcoin in your wallet you need to integrate mining code with rest of the bitcoin ecosystem. Also you need to have specialized hardware and datacenter with GPUs and ASIC devices that can compute the hash very fast. People run C++ or even assembly code (that is equivalent of the python code shown in this video) to make it faster. Also pending transactions get buffered in a transaction mem pool and miners would get these transactions->mine the valid blocks to add them to a blockchain.
I will be adding more videos covering these topics in future.
Best explain plan
What must I put under transaction? And how to I get it into my wallet
🇵🇦🇯🇪🇪🇹🇸
Nicely explained. Thank you.
I have 8 RAM, can I mine something in bitcoin with this code?
It will take me less than 1 second, and my difficulty variable is equal to 1000. Why will it take me so less?
Do we need to set up a full node bitcoin to solo mining?
I have limited resources (hdd) and do not want to download the entire blockchain
I'm going to test my original method of finding Nance. please guide me
At work we use verification software that calculates a SHA-1 to check integrity of casino game software to make sure there are no “cheat codes” added to the game code. Does the number following SHA stand for the levels of complexity? 256 levels of complexity?
Why we need to add phyton code in binance or others trade apps?
Hypothetically, if you won the 6.5 bitcoins, how would they be deposited to a wallet?
So annoying that all videos mentions hashing as if it were actually mining, when you are simply hashing random numbers. In order to actually MINE, you need to be connected to the bitcoin blockchain and interact with it, to pull the last block data, and send your nonce once you find it. And so far i could not find any video showing how to do that. All the videos simply explains how to hash strings and think it's mining.
Very cool video
Possible to get doge coin mining code??
With @remhack1 all your bitcoin problems will be solve he just help me install bitcoin mining software on my computer thank you so much sir
With @remhack1 all your bitcoin problems will be solve he just help me install bitcoin mining software on my computer thank you so much sir
9/10 for the drain pipe effect burp lmao like it didn't even happen. great video man thank you for the in-depth explanation
Bhai thoda hindi me b bata do please 🙂
This video is pure bullshit. You aren't mining anything with this code.
1. You need to sync the blockchain with a websocket
2. You need to get the latest block
3. You "mine" the latest block to get a specific hash with zeros
4. You need to send the nonce and block to the blockchain and let validate it
So this 15 lines isn't doing anything just hashing some random bs.
Why am I so bitching about it? The title says clearly "BITCOING mining with 15lines…" not "Block mining with 15lines"
What are the hardware requirements for this?
It’s amazing how to earn money especially in this lockdown, all thanks to EXPENDABLEMONEYSOLUTIONC🎊M
All this recommendations about REALSOURCEINVESTMENT🎡ORG are not bots 🤖, they are super talented no one even come close when it comes to hacking network,I came across them on YouTube some years back, and since them all my transactions with them don’t fail,, which shows their credibility.
python is l💖💖💖💖💖💖💖ve
💞💞💞💞💞💞💞
I wrote everything but i had a small problem :when i run the program there is eror that is max_nonce not defiened how can i solve this problem?
Followed ANDY & got out of debt, built an emergency fund and then more savings and eventually starting my own business. Now it’s time to seriously invest! Time waits for no one! I swear it feels like I graduated HS yesterday 😂 (38 years old) lol but I have more than enough time! I was in the dumps via credit, owed $44k in card debts and 97k in student loans and really couldn’t afford anymore Tried Lexington law a while back and that was just a mistake My cousin referred me to 365OnlineHack@Gmail🎡COM I’m intrigued by their honesty and service
Just when I thought it’s over for me, you came to my aid and saved me from the valley of debt I will never stop talking about you 365OnlineHack@Gmail🟡Com your kindness is out of this world
seriously I the "shhhhhhhhhh" sound in your presentation was annoying. including the "SHAAAAAAAAAA" function… we simply say it like "ES. ECH. AYE."
Hey. Thank you for the very informative video, and for breaking down a complex problem into something that can be more easily understood. I have one question: Is there only one nonce value that can solve each blockchain, and any other nonce is incorrect, even if it gets the same amount of zeros?
Can you show how register a block and get the reward in python (theoretically)
Difficulty 4 takes 0.008 sec
Difficulty 5 takes 16 sec
Can we make use of multiprocessing Pool map to speed up the process please?
Which python is it?
Is bitcoin illegal ?
I got my miners at IMINERS,CO and they are great group of people. Miners are great, support is insane, shipping is fast and they provide wholesale discount. My recommendation for them
I invest my little amount and got enough from winning signal thought Tel£gram
I invest my little amount and got enough from winning signal thought Tel£gram
@codebasics How can we mine real bitcoin I mean you add mock transactions in the data but when we really mine bitcoin they must be real transactions, how can we add real transactions data because it's always growing?
Holy sh*t I never thought it is possible to explain mining in such a simple and concise way. Best explanation I've seen.
so how would a miner know that the "Nonce" is unique among all existing blocks ?