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Re: Python based Solo miner for CPU | Learn Basic Bitcoin Mining | Just for fun
by
Flavatron
on 07/03/2024, 13:02:35 UTC
No, it should be < the target ( not equal to it).

When mining Bitcoin , the goal is to find a hash that is not equal to the target(near impossible), but less than the target value(probalistic).  The target is a 256-bit number that the network adjusts every 2016 blocks to ensure that the time between blocks remains approximately 10 minutes on average. A lower target means a higher difficulty in finding a valid block.

The hashing process is essentially a race to find a nonce value that, when combined with the block's header data(which itself contains the Merkle root of the previous blocks tx) and passed through the SHA-256 hashing algorithm twice, produces a hash value that is less than the network-defined target.

Therefore the condition, in the educational example,  if hash < target: is correct because you are looking for a hash that is numerically less than the target.