How Is The Encoding Of Extranonce Done In The

Extranonce was created to allow the miners to change a small field in the coinbase to continue hashing again from the beginning, but with a slightly different block. By subscribing you’re telling NH (or any pool that supports it) that even though you’ve already submitted a certain nonce, it’s actually a different block because of this extranonce field.

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Bitcoin and cryptocurrency mining explainedWhat is a nonce in Bitcoin or an extraNonce? Bitcoin Nonce is a 4-byte (32-bit) field in the input (block’s header, to be explained later.

in which the miners engage to prove that they have done a certain amount of work before writing on new blocks to the Bitcoin’s chain. And in return of this work and cost incurred they are incentivized by 12.5 BTC block reward plus the block mining.

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The compact format of target is a special kind of floating-point encoding using 3 bytes mantissa, the leading byte as exponent (where only the 5 lowest bits are used) and its base is 256. Most of these fields will be the same for all users. There might be some minor variation in the timestamps. The nonce will usually be different, but it increases in a strictly linear way. "Nonce" starts at 0.

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