Learn what bitcoin mining is and how new bitcoins are mined.
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New blockchain deep dives every week.
Learn what bitcoin mining is and how new bitcoins are mined.
Get the weekly commit
New blockchain deep dives every week.
Ordinals number every sat and track it first-in-first-out; inscriptions put files in Taproot witness data on a sat; Runes are UTXO-based tokens in OP_RETURN. Indexers, not nodes, interpret all of them.
#nfts#tokens#transactions
A stuck transaction pays too low a feerate. The sender can replace it with a higher-fee version (RBF), or anyone with an output can spend it in a high-fee child so the package gets mined (CPFP).
#transactions#troubleshooting
Miners hash an 80-byte block header until its double SHA-256 falls below a target. Difficulty retargets every 2016 blocks, and nodes follow the chain with the most cumulative work.
#basics#consensus#mining