How Many Electroneum ETN Can I Mine Per Day
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How to Mine Electroneum. I can mine around 100 ETN per day with my hardware(1.5KH/s only), and I’m pretty sure the difficulty was much lower back then.
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You're trying to figure out the nonce of a whole block before everyone else. Sorry for this newbie question, but before a block is uploaded to the blockchain, does this mean that the 'whole world of miners' is working on the same block? And whoever finds it first gets the reward, then everyone moves on to the next block? So, like, everyone mining is just brute-force randomly trying to guess the answer, and whoever finds it first wins the reward and then it all starts over?
I've never realized this before if this is indeed how it works. • • • • • • •. What you're saying is right, except that not the whole world is working on the same block, i.e., the transactions in the block can be different from one miner to another. Every solo miner (or pool of miners) compete to collect transactions, put them in a block, and find the nonce.
Once then any of them succeeds before others (regardless of what transactions they have on their block), everyone else accepts their block and moves on. The brute-force guessing of the nonce is a fake problem created solely to make sure that anyone contributing to the system is someone who cares and won't create fake efforts to ruin the system. What Are DigiByte DGB Miners there. It solves the 'Sybil attack' problem.
Watch this video to understand the logic behind it: • • • • • • •.
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