Mining

Proof of work

The energy-burning puzzle that makes rewriting Bitcoin's history practically impossible.

In plain words

To add a block, a miner must find a rare number that makes the block's fingerprint start with enough zeros. Finding it costs quadrillions of guesses. Checking it costs anyone an instant. That gap is the invention: blocks expensive to make, free to verify. Rewriting history means redoing the guessing faster than the whole network — a bill no attacker can pay.

Why it matters

  • History expensive to fake, cheap to check.
  • Security tied to real cost: attacking pays worse than honesty.
  • Strangers agree on one history with no referee.

Numbers that matter

  • ~10 minutes — the target time between blocks.
  • 2016 blocks — how often difficulty adjusts, about every two weeks.
  • SHA-256 — the hash function, run twice per guess.

Not to be confused with

  • Proof of stake — other networks secure themselves with locked-up coins. Bitcoin deliberately doesn't.

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Updated 2026-07-29