DiscoverThe Bitcoin LayerTeaching Bitcoin Part 2: Hashing & Mining
Teaching Bitcoin Part 2: Hashing & Mining

Teaching Bitcoin Part 2: Hashing & Mining

Update: 2024-09-20
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In Part 2 of our "Teaching Bitcoin" series with legendary financial researcher Michael Howell, Nik delves into the intricacies of bitcoin's cryptography, mining mechanism, and decentralized network. The pair discuss the origin of a blockchain, and Michael learns about hashing algorithms for the first time. A discussion of bitcoin's supply schedule, difficulty target, and difficulty adjustment offer Michael and viewers a solid foundation of bitcoin's blockchain mechanics.

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Teaching Bitcoin Part 2: Hashing & Mining

Teaching Bitcoin Part 2: Hashing & Mining

The Bitcoin Layer