The time required for an average PC to create a Bitcoin Bloc
While the Bitcoin mining community continues to grow, understand how long it takes to exploit a single block has become increasingly important. In this article, we decompose the process of how Ethereum (the network on which Bitcoin is built) works and considers the time necessary for an average PC to create a block.
What is Bitcoin exploitation?
Bitcoin exploitation is the process by which new bitcoins are created thanks to a complex mathematical calculation which requires significant calculation power. It’s like solving a huge puzzle, but instead of words, you use numbers.
The Ethereum network: a brief overview
Ethereum is not only used for Bitcoin transactions; It is also a decentralized platform to create and perform smart contracts. Intelligent contracts are self-executed contracts with the terms of the agreement written directly in the lines of code. They have the capacity to automate many processes, which makes them useful for a wide range of applications.
How does Ethereum mining work?
To understand how Ethereum Mining works, decompos the process:
- Transaction : A user submits a transaction (a request for sending bitcoins) to the Ethereum network.
- Hashing : The transaction is then chopped with complex algorithms which create a unique digital fingerprint called “hash”.
- Creation of blocks : A group of 64 transactions is collected and combined in a single block, which contains the hash of each individual transaction.
- Mining algorithm
: The block is then used to resolve a mathematical puzzle, which requires significant calculation power.
The extraction process:
In Ethereum (and Bitcoin), mining involves solving complex mathematical problems to validate transactions and create new blocks. The process generally takes about 10 minutes for solo extraction operations on a single computer or GPU (graphic processing unit). However, as the network extends, it becomes more and more difficult to resolve these puzzles alone.
Estimated time to create a block:
Assuming that a medium PC with a high -end graphics card can perform a 3.5 GHz and 16 GB RAM processor kernel:
* Solo mining : with sufficient calculation power (approximately 100-200 ETH), it is estimated that solo extraction operations on a single computer or GPU can create a block in about 10 minutes.
* Operating with several devices : if you have several devices, such as graphics cards, they can be combined to increase the overall treatment power. This can considerably reduce the time necessary to extract a single block.
Estimated time distribution:
For example:
| Device | Cores CPU | Memory (GB) | Hash rate (TH / S) |
| — | — | — | — |
| Solo extraction | 1 | 16 | 100-200 ETH |
| Single GPU exploitation (10 GPU) | 30 | 64 | 2,000 to 5,000 TH / S |
| Multi-GPU exploitation (20 GPU) | 60 | 128 | 5,000 to 10,000 TH / S |
Keep in mind that these estimates are difficult and can vary depending on the specific material and network conditions.
Conclusion
In conclusion, the creation of a Bitcoin block is a process with high energy intensity which requires significant calculation power. Even with average PCs, it is estimated that it takes approximately 1 to 2 months (not per week or per month) so that solo extraction operations create a single block. As the network evolves, minors can combine several devices to increase their treatment power and reduce the time necessary to operate a block.
Advice for minors:
If you plan to start your own mining operation:
- Invest in high -end equipment (GPU, CPU or ASIC dedicated) with sufficient cooling and power.
- Join operating pools to share IT resources and reduce costs.
- Stay up to date with the latest Ethereum algorithms updates and safety fixes.
Remember that the world of extraction of cryptocurrencies is constantly evolving.