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🏃 The Global Hash Race: Who Finds the Block First?
Experience the competitive race miners engage in every 10 minutes
Your Progress
0 / 5 completed🏁 The Hash Race
Every 10 minutes, thousands of miners around the world compete in a high-stakes race to find a winning hash. The first to succeed earns 6.25 BTC (≈$250,000). Welcome to the hash race.
💰 What Is Mining?
Bitcoin mining is a computational lottery. Miners compete to solve a cryptographic puzzle by trying trillions of random numbers (nonces) until someone finds a hash below the target difficulty.
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The Goal
Find a hash that starts with enough zeros (e.g., 0000000000abc...)
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The Method
Try billions of nonces per second using specialized hardware (ASICs)
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The Reward
Block reward (6.25 BTC) + transaction fees (≈0.5 BTC)
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The Frequency
New block every ~10 minutes (144 blocks/day)
🎮 Interactive: Mining Race Simulator
Watch three miners with different hash rates compete to find a winning hash first
⛏️Miner 1 (80 TH/s)
0 hashes⛏️Miner 2 (100 TH/s)
0 hashes⛏️Miner 3 (120 TH/s)
0 hashes💡
Notice: Higher hash rate = more attempts per second = better chance to win. But it's still a lottery - sometimes slower miners get lucky!
🌍 The Global Competition
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400 EH/s
Bitcoin network hash rate (400 quintillion hashes/sec)
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$250K
Average block reward value (6.25 BTC + fees)
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10,000+
Active mining operations worldwide
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144
Blocks mined per day (~10 min each)
⚠️ Why It's Called a "Race"
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Winner Takes All
Only the first miner to find a valid hash gets the reward. Everyone else's work is wasted.
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Race Resets Every Block
As soon as someone wins, a new race starts immediately for the next block.
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Arms Race Dynamics
Miners constantly upgrade hardware to maintain competitive hash rates and profitability.