Post
Topic
Board Development & Technical Discussion
Re: Why have Satoshi's early mined coins an unusual nonce value distribution?
by
mynonce
on 17/11/2021, 18:39:10 UTC
...
Thanks DannyHamilton for the explanation.

If all participants in the early days of Bitcoin used the distributed wallet software we wouldn't have this unusual spikes for the values 0 - 58 and the graph would look like this: https://ibb.co/b3GnBQb

And why doesn't the graph look like this?

When we take DannyHamilton's post and change Step 2, so the graph would look like the original graph:

  • Step 1: Build block
  • Step 2: Add nonce to header but set the LSB (1 btyte of the nonce) as a fixed value
  • Step 3: Hash header
  • Step 4: ...
If you have a fixed value for the LSB, so you have 3 bytes (256^3 = 16,777,216) that you can change to find a valid hash value.