2 thoughts on “About Bitcoin calculation”

  1. Merkle_root is the root calculated by the transaction records recorded in this node during the calculation of the previous block. When this node is calculated in a new block, the transaction records are already fixed and will not change (however, the value of Merkle_root will change, details 3.). Therefore, when a node is calculated in a block, the transaction record it receives and recognizes it will be used in the calculation of the next block.
    NTime represents the packaging time of the transaction record recorded by the node. It is similar to the time when the node receives the time after the previous block is calculated (there can be a small difference, ex. Several seconds before and after), which is a fixed value.
    merkle_root Corresponding transaction records, the first transaction record must be the coinbase of the mining reward, and the currency innovation transaction can add a customized additional text. This additional additional text (that is, Merkle_root will change due to different additional text) provides more combinations other than 2^32 possibilities in the mining computing formula.

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