In bitcoin, miners hash the header twice with the SHA256 function. This header consists of the fields listed below:
- version (v)
- previousHashBlock (p)
- merkleRoot (m)
- time (t)
- difficulty (d)
- nonce (n)
Let’s simplify and say that I am a pool miner with nonce range from 1-100. So if I do my share and find that on 9th minute the Nonce value of 91, solves the puzzle (proof of work). But by the time I send to network, merkleRoot and time has changed, so the nonce that I’ve found is not true anymore. We know that hash changes dramatically with slightest change of input, but in this formula, not one but TWO variable change constantly throughout my mining period (in this case 9 minute). Transaction occured and time changed. So how does this formula hold true thoughout the mining time?
SHA256(v + p + m + t + d + n(91)) => 0000000asd8f686asd6das
Where m and t changes constantly? Wouldn’t 91 be irrelevant at the time of finding?
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