Blockchain Fundamentals

Proof of
Work

The cryptographic consensus mechanism that powers Bitcoin — and the math behind why it's nearly impossible to cheat.

Decentralized Cryptographically Secure Since 2009

How PoW Works

📦

Transactions Are Broadcast

When you send cryptocurrency, your transaction is broadcast to a peer-to-peer network of thousands of nodes. It sits in a shared waiting room called the mempool until a miner picks it up.

🧱

Miners Bundle Into a Block

Miners collect pending transactions and bundle them into a candidate block. The block includes a header with the previous block's hash, a timestamp, and a special field called the nonce.

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The Hash Puzzle

Miners must find a nonce value that, when hashed with the block header, produces a result below a target number. There's no shortcut — you just keep guessing. Modern miners try billions of nonces per second.

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Winner Takes the Reward

The first miner to find a valid nonce broadcasts the solved block. Other nodes instantly verify the solution and add it to their chain. The winning miner earns the block reward + transaction fees.

The key insight is asymmetry: finding the nonce is extremely hard, but verifying that someone found it is trivially easy — just hash the block once and check the result. This is the same principle behind a combination lock: impossible to crack by brute force in a reasonable time, but instantly openable with the right code.

The network automatically adjusts the difficulty target every 2,016 blocks (~2 weeks) to ensure a new block arrives approximately every 10 minutes, regardless of how much total hashing power joins or leaves the network.

The tamper-proof chain comes from chaining hashes: each block's header includes the hash of the previous block. Changing any historical transaction would change that block's hash, breaking every subsequent block — requiring attackers to redo all proof-of-work from that point forward while the honest chain keeps growing ahead of them.

Try It Live

Enter a transaction below, create a pending block, then start the mining simulation to watch the nonce increment until a valid hash is found.

Miner Wallet Balance
0.00000 BTC
Transaction
No transaction selected.
Blockchain
Drag or swipe to explore blocks.
Pending Confirmed
Mining Console
Block Data
No pending block
Target Hash
Current Hash (Miner)
Waiting...
Nonce
0
Attempts
0
Waiting for a pending block.

Major PoW Networks

These blockchains use Proof of Work as their consensus mechanism, each with different hashing algorithms, block times, and use cases.

Bitcoin
BTC
SHA-256

The original PoW blockchain, launched by Satoshi Nakamoto in 2009. Bitcoin defined proof-of-work for digital currency and remains the network with the highest hash rate and security. Mined using specialized ASICs.

Block Time~10 min
Block Reward3.125 BTC
Max Supply21,000,000 BTC
LaunchedJanuary 2009
Litecoin
LTC
Scrypt

Created in 2011 as the "silver to Bitcoin's gold." Litecoin uses the Scrypt algorithm, originally designed to be memory-intensive and resist ASIC mining. Offers 4x faster block times than Bitcoin.

Block Time~2.5 min
Block Reward6.25 LTC
Max Supply84,000,000 LTC
LaunchedOctober 2011
Dogecoin
DOGE
Scrypt (Merge-Mined)

Started as a meme in 2013, Dogecoin uses the same Scrypt algorithm as Litecoin, enabling merge mining — miners can mine both chains simultaneously. Has no supply cap, with 10,000 DOGE issued per block indefinitely.

Block Time~1 min
Block Reward10,000 DOGE
Max SupplyUnlimited
LaunchedDecember 2013
Zcash
ZEC
Equihash

A privacy-focused PoW chain using the Equihash algorithm, designed to be memory-hard. Zcash pioneered zk-SNARKs — zero-knowledge proofs that verify transactions without revealing sender, receiver, or amount.

Block Time~75 sec
Block Reward~3.125 ZEC
Max Supply21,000,000 ZEC
LaunchedOctober 2016
Monero
XMR
RandomX

The leading privacy-first blockchain, using RandomX — optimized for general-purpose CPUs and intentionally hostile to ASICs. Monero hides sender, receiver, and amount by default using ring signatures and stealth addresses.

Block Time~2 min
Block Reward~0.6 XMR (tail)
Max Supply~18.4M + tail
LaunchedApril 2014
Bitcoin Cash
BCH
SHA-256

A 2017 hard fork of Bitcoin focused on scaling on-chain by increasing the block size to 32MB vs Bitcoin's ~1MB. Uses the same SHA-256 algorithm, so Bitcoin ASICs can mine both. Aimed at everyday peer-to-peer payments.

Block Time~10 min
Block Reward3.125 BCH
Max Supply21,000,000 BCH
LaunchedAugust 2017

PoW vs. Proof of Stake at a Glance

Property ⛏ PoW 🔒 PoS
Security ModelComputational powerEconomic stake
Attack Cost51% of hash rate51% of staked coins
Energy UseVery highMinimal (<0.05%)
DecentralizationHardware limits accessCapital limits access
Block Time~10 min (BTC)~12 sec (ETH)
Track Record15+ years (BTC)Newer (ETH PoS: 2022)
Notable ExamplesBTC, LTC, XMR, DOGEETH, SOL, ADA, DOT