Wow, that's really interesting. It seems like this strategy is indeed faster on CPUs, though it doesn't offer speed improvements over GPUs (let alone ASICs),

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How to Brute Force a Bitcoin Wallet with HashcatUnless I missed some important detail, I doubt whether this approach would win against a traditional CPU-based miner, much less against an ASIC miner. For one.

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The disturbing thing about this method is that it may be more efficient for low difficulty hashes than it is for high difficulty hashes. If this becomes efficient enough to compete with the brute fore method currently used, it will undermine the bitcoin network's method of ensuring there is a constant rate of block generation.

"SAT solving – An alternative to brute force bitcoin mining" seems to describe a logical approach to the problem: Transform the hash function to a boolean.

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24/03/2017 · Best available Altcoins for mining ZENCash ZEN on the other hand already has more features than both ZCL / BTCP with very active development. If you’re holding mined coins then you can also setup secure nodes (42 zen stake) which generate about 25.

12/10/2013 · Alternative to mining bitcoins « on: October 12, 2013, 06:09:50 PM » With USB miners and other "plug and play" miners i.e. dont have to build a computer, out there just about anyone can mine bitcoins and the difficulty now is rediculous and it will only get worse.

10 Apr 2014.

method of mining bitcoins faster than brute force, or faster than the trivial.

ASIC designers have already done similar optimizations and some.

Using the above tools we can attack the bitcoin mining problem very differently to brute force. We take an existing C implementation of sha256 from a mining program and strip away everything but the actual hash function and the basic mining procedure of sha(sha(block)). This C file is going to be the input to CBMC. The aim of this is that with the right assumptions and assertions added to the.

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ASICs suck. I am not a cryptographer, nor SAT solver guy.

Same techniques can be used for mining without brute force!.

SAT Solving – An alternative to brute force bitcoin mining.