optout on Nostr: What is the cumulative total number of hashes computed by all the bitcoin miners of ...
What is the cumulative total number of hashes computed by all the bitcoin miners of the world since the beginning of times (i.e. genesis)?
My rough estimate: 3.84e28
Which is high enough that finding a hash with 24 leading zeros becomes quite likely.
(The smallest hash found so far is of block 756951 with 24 zeroes
https://mempool.space/block/0000000000000000000000005d6f06154c8685146aa7bc3dc9843876c9cefd0f
https://x.com/w_s_bitcoin/status/1795855405102330132
My estimate is just summing up the last 6 years with an estimate avg hashrate for the year)
My rough estimate: 3.84e28
Which is high enough that finding a hash with 24 leading zeros becomes quite likely.
(The smallest hash found so far is of block 756951 with 24 zeroes
https://mempool.space/block/0000000000000000000000005d6f06154c8685146aa7bc3dc9843876c9cefd0f
https://x.com/w_s_bitcoin/status/1795855405102330132
My estimate is just summing up the last 6 years with an estimate avg hashrate for the year)