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Mining & Proof of Work - Coggle Diagram
Mining & Proof of Work
Proof of Work
Computational effort
Hard to create
Easy to verify
Hash Puzzle
Cryptographic puzzle
SHA-256 hashing
Trial and error
Nonce
Arbitrary number
Changed by miners
Helps find valid hash
Block Hash
256-bit output
From block header
Unique for each block
Difficulty Target
Hash requirement
Leading zeros
Adjusts mining speed