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judymcconville@roadrunner.com 2017-05-02 11:16:27 -07:00
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@ -592,7 +592,7 @@ At the time of writing, the network is attempting to find a block whose header h
[[target_bits]]
==== Target Representation
In <<block277316>>, we saw that the block contains the target, in a notation called "target bits" or just "bits," which in block 277,316 has the value of +0x1903a30c+. This notation expresses the Proof-of-Work target as a coefficient/exponent format, with the first two hexadecimal digits for the exponent and the next six hex digits as the coefficient. In this block, therefore, the exponent is +0x19+ and the coefficient is +0x03a30c+.
((("mining and consensus", "mining the block", "target representation")))In <<block277316>>, we saw that the block contains the target, in a notation called "target bits" or just "bits," which in block 277,316 has the value of +0x1903a30c+. This notation expresses the Proof-of-Work target as a coefficient/exponent format, with the first two hexadecimal digits for the exponent and the next six hex digits as the coefficient. In this block, therefore, the exponent is +0x19+ and the coefficient is +0x03a30c+.
The formula to calculate the difficulty target from this representation is: