Re:Bitcoin Mining Now Consuming More Electricity Than Many C...
by runeks on Thursday November 23, 2017 @02:52AM
(#15763556)
> Given bitcoin's current throughput that's about 1 exaFLOP equivalent per bitcoin transaction.
A block adds an extra confirmation to all transactions in the chain, not just those in the given block. The goal is to make the entire chain as difficult to alter as possible, and each added block increases that difficulty.
A block adds an extra confirmation to all transactions in the chain, not just those in the given block. The goal is to make the entire chain as difficult to alter as possible, and each added block increases that difficulty.