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The components of the blockchain and a data structure that collects transactions.

14 votes
2 answers
1k views

Does block size effect Miner's Hashing speed?

From my last question: Bitcoin Block Size - What are the rules? I learned that the block size can vary from a few kB up to a MB. … This leads to my next question: Does the block size effect a miner's hashing speed? (i.e does a very large block decrease hashing speed?) If so, what are the details of that relationship? …
Michael Pickens's user avatar
16 votes
2 answers
4k views

Bitcoin Block Size - What are the rules?

What is the maximum size a block can be? Is there a minimum size? Can you have a block with 0 transactions included? …
Michael Pickens's user avatar
15 votes
1 answer
1k views

How can a non-miner store data in the block?

If I am not a miner and would like to put arbitrary data in the block chain, is there currently any method or protocol to get a miner to add it for me? …
Michael Pickens's user avatar