is a matter of patience to see how supportive people are of the algorithm, in general as opposed to each specific coin. For the block below, the hash is successful: and the block became block #286819 in the blockchain. The fact that some Litecoin developers considered changing to the X11 Algorithm makes me think that it is something special and obviously many others must feel this way. The header is built from the six fields described above, concatenated together as little-endian values in hex notation: import hashlib header_hex 01000000" " "c7f5d74d" "f2b9441a" "42a14695 header_bin header_code hex hash hash. For example, if interpreted as a string and the lowest (or start of) the string address keeps lowest significant byte, it is little-endian. And if the miner changes the address, the hash is no longer valid. Per transaction, miners are getting about 34 in mining reward and.10 in fees ( stats ). If you've ever wondered what really happens in Bitcoin mining, you've come to the right place. (Note that if you can solve that problem, you can rapidly find the nonce with binary search.) With these changes, the mining problem is.
Litecoin Mining: Scrypt Algorithm for a Leading Coin
Litecoin pool stratum, Moon litecoin zieht es mehr strom, Cudaminer litecoin,
9 I've figured out a lot of the structure of the coinbase script above. The yellow part is the block header, and it is followed by the transactions that go into the block. By mining as part of a pool, you could get a fraction of a bitcoin every day instead, which for most people is preferable. The next question is if it is NP-complete. This makes coins running this algorithm to be a favorite in places where electricity costs are far from bearable. Firstly, let me start out by saying that we fully support the X11 Algorithm and that we do believe it is the future for many coins out there.
Profitability may vary, but Litecoin is becoming more attractive as it appreciates in value. The bitcoin mining algorithm from a programmer s viewpoint. This page: Blocks said mining is actually to solve a mathematical problem, but reading Block hashing algorithm doesn t give much help. I also tried reading bitcoind source code, but reading code takes much more time than reading documentation.