Bitcoin mining with 15 lines of python code | Python Bitcoin Tutorial
Mine the bitcoin with 15 lines of python code. In this video I will show you how exactly bitcoin mining works and we will write simple python program (less than 15 lines of code) that can mine bitcoin block.
Easy explanation of what is bitcoin:
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How does one redeem bitcoin reward after producing correct hash? :
Code:
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#bitcoin #cryptocurrencies
⭐️ Timestamps ⭐️
00:00 Introduction
00:19 Theory
09:21 Coding
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❗❗ DISCLAIMER: All opinions expressed in this video are of my own and not that of my employers’.
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I want to clarify that this video was to show simple explanation of how core bitcoin mining algo works, to earn actual bitcoin in your wallet you need to integrate mining code with rest of the bitcoin ecosystem. Also you need to have specialized hardware and datacenter with GPUs and ASIC devices that can compute the hash very fast. People run C++ or even assembly code (that is equivalent of the python code shown in this video) to make it faster. Also pending transactions get buffered in a transaction mem pool and miners would get these transactions->mine the valid blocks to add them to a blockchain.
I will be adding more videos covering these topics in future.
Legit mining software hackerkong
Legit mining software hackerkong
Suppose I wrote this code and executed, got lucky and got reward as well. Where and how I will save that reward ?
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