Post
Topic
Board Bitcoin Discussion
Re: Bitcoin puzzle transaction ~32 BTC prize to who solves it
by
itod
on 30/06/2019, 09:20:41 UTC
If I calculated everything correctly, then the space from 2000000000000001 to 4000000000000001 can be scanned
in about 545 years if the average key generation rate is about 134 Mkey / s

Confirm or disprove my calculations.
Looks like something is wrong in your calculation.
I think should be like this:

134000000 keys/s * 60 sec * 60 min * 24 hours = 11577600000000 keys/day

(4000000000000001 - 2000000000000001) / 11577600000000 = 172.75 days

Same, correct me pls if I'm wrong.

The space is hexadecimal!
2000000000000000 hex = 2305843009213693952 decimal

134000000 Keys/ sec

199164.1626255609065782 days

545.6552400700298810362 years

Oh f***, that was hex value.  Roll Eyes
Then yes, you are right, it will take just only ~545 years.

But there is also a good news: imagine what will be the price of BTC after 545 years!!!  Grin Grin Grin

These facts obviously have to be re-posted since you are surprised by the calculation how many resources is needed to crack just one extremely short key from this transaction:



Once again: the idea behind the creation of this puzzle transaction is to prove it can not be solved.