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by rocqua
3338 days ago
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Both BTC and ETH don't actually reward randomly. Instead, everyone is just trying a large amount of 'solutions' until one works. The first to find and distribute such a solution is said to have 'mined' such a block and gets to add his reward into the record by modifying that block. Because there is no way to know the true solution, everyone is just guessing so in the end it is random chance that determines who gets to mine a block, but those who spent more effort have proportionally more chance to win. |
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