If the hash begins with a specified certain number of 0's (at the time of writing, it is 19 zeros), then the mining attempt is successful. The process involves combining a list of transactions with a chosen number and then running this combination through SHA-256 to find the hash. This feature makes hashing algorithms useful for creating "fingerprints" of documents, allowing you to quickly check if there have been any edits made to the original, by comparing the hash of the document to a previously calculated hash.Īdditionally, SHA-256 is used by Bitcoin miners when mining blocks of transactions. The hashing algorithm is intentionally designed so that if the input changes just slightly, for example changing a letter from upper to lower case, or by adding a comma, the hash is completely different and bears no relation to what it was previously. Even if the input is empty, the hash will be 64 characters long, and in that specific scenario is: e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855
This is equivalent to 256 bits, which is where the name comes from - "Secure Hashing Algorithm - 256". The hash is always the same length: exactly 64 hexadecimal characters long.
SHA-256 is an algorithm that converts a string of text into another string, called a hash.
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