Quote from: BitKid on September 24, 2013, 06:55:32 AM

I know this is a noob/dumb question but please tell me.. when a block is discovered?
Is it when (1.) one of these "Hashes 42" meets the validation requirements OR (2.)when a required number of hashes are produced? e.g after 1,000,000 hashes..

If it's (1.), is it possible (in theory) for the first produced hash (Hashes 1) to be the solved block?

(1.) Block can be found anytime. Every computed hash has
1/difficulty*2^32
likelihood to be winner