Bitcoin Ledger & Trust – Hash Power vs The Odds

GAME OF TRUST HASH POWER VS THE ODDS

Bitcoin Mining Infographics

To confirm transactions on the ledger, Bitcoin miners must find a specific number (hash) by performing an exhaustive search across a large range of numbers. Anyone has a chance to find that number – here are the odds.

For further reading on Bitcoin Mining mechanism:

Bitcoin Solo Miner: The Odds in 2017
Lucky Miner App – A Bitcoin Mining Experiment for Everyone

 

Frederic Rezeau

I am Frederic, developer with 10+ years of experience working for financial firms in Paris and London specializing in development of real-time trading and brokerage systems. I am co-founder of Israeli-based video game company Massive Games and founder of award-winning UK-based studio Okijin Ltd. 2014 Honorable Mention Prize Winner – The Linux Foundation and Samsung – Tizen App Challenge. I created blockonomy.org to throw my two satoshi at a fascinating realm which boundaries spread much beyond technology.

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