Mint money using the power of coding .Bitcoin Mining With 12 Lines of Code in Python
Bitcoin has become one of the hottest trends in recent years. Last year, it surpassed Donald Trump in Google searches. Everyone is talking about bitcoin. Many people don’t exactly understand the concept.
In laymen's terms, bitcoin is a ledger. A ledger is a set of transactions. Let’s understand this with an example.
Suppose you go to a grocery store. You buy vegetables for $15. The ledger entry will be —_You are paying the vegetable owner 15 dollars.
Then, let’s say the vegetable guy goes to a doctor and pays $10 for a medical examination. The ledger entry will be — The vegetable owner is paying 10 dollars to the doctor.
These all are considered as a set of transactions. This is similar to what we see in our bank account statements. A ledger is a set of transactions, and at the end, you have your account balance. This is what bitcoin is in a nutshell.
In this article, we will first learn the blockchain and how mining works. Then we will learn how to do bitcoin mining in python.
Let’s get started.
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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.
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Can I write on a Bitcoin Blockchain? Can I drop down a message? Yes, Luca of course you can! You can leave a message on a Bitcoin blockchain using a particular op code, called OP_RETURN.
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