Bitcoin Q&A: How is the number of zeros in the target hash determined? | Blockchained.news


00:00 How is the number of zeros in the target hash determined?
00:20 Visualizing target hash difficulty
02:44 How is the difficulty target number determined?
03:51 How do all nodes agree on the same difficulty target?

How is the Bitcoin mining difficulty target hash determined? Why are the number of zeros at the beginning of the number used to determine difficulty? How do all the nodes on the network reach the same number at the same time? Andreas gives the answers in this Q&A video!

This question is from the MOOC 13, which took place in March of 2020. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop

Related Videos:
Bitcoin Q&A: What is difficulty targeting? - https://youtu.be/h429LCTRmQw
Bitcoin Q&A: The mining process - https://youtu.be/L4Xtau0YMJw

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