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Having Trouble Understanding How Bitcoin Mining Works? This Reverse Lottery Analogy Should Help Understanding how Bitcoin works is essential

miners are effectively buying more lottery tickets What is the difficulty adjustment in bitcoin mining and why is it needed? The difficulty level for the

lottery archives The chance of getting all seven numbers right is So, the probability to win the jackpot is currently as likely as solo-mining a block

lottery sambad 30 10 2023 Miners with oldinefficient miners that will never earn any rewards through regular mining that wish to leave it mining as a lottery Statistics: solostats