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Results tagged with mining
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user 6106
Mining is the process by which it is ensured that the blockchain is the same across all nodes. A miner that solves a cryptological problem related to the previous transactions on the blockchain is rewarded with Ether.
2
votes
How many miners can i have with 65kw
I would say that the answer is simply to take the total power and divide it with the peak power that each miner can consume. In your case:
65.000 / 1200 = 54.12 ~= 54.
So I would say that the maxim …
- 4,230
5
votes
Accepted
What happens if it's no longer profitable to mine?
You are missing a crucial element in your logic and that is that it becomes more profitable to mine when some miners stop mining. When people stop mining, the blocks are discovered at a slower pace. …
- 4,230
1
vote
1
answer
388
views
How is the POW hash calculated?
I read up on the fields in Ethereum blocks, but I was unable to find exactly how the POW hash is calculated. I would assume that it is an RLP encoded value of the previous block hash, ommer hashes, no …
- 4,230