💻 Blockchain Builder
🎮
Blockchain:
No blocks mined yet. Start mining!
Upgrades:
How Real Bitcoin Mining Works:
- Miners receive pending transactions from the network and bundle them into a block.
- They need to find a special number (nonce) that, when combined with the block data, produces a hash smaller than the target difficulty.
- Miners use various strategies including random nonce generation and sequential incrementing to find valid hashes.
- As more blocks are mined, the difficulty increases, requiring more computational power to solve blocks.
- When a miner finds a valid hash, they broadcast the new block to the network, and are rewarded with newly minted bitcoins and transaction fees.