What is a Good Hashrate for Bitcoin Mining? - cryptonews.net

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The Secure Hash Algorithm 256-bit is the specific hash function used by Bitcoin, which can be compared to a digital blender. You put any digital information into this blender: transactions in a block, the previous block’s hash, maybe some personal data, and the nonce. What always comes out is a unique, fixed-size string of 64 letters and numbers.


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