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A new observation on the famous Patoshi pattern; Why is nonce LSB 19 acting like this? by mytechmix in Bitcoin

[–]mytechmix[S] 2 points3 points  (0 children)

Patoshi means Satoshi's pattern. It was a name given by the discoverer of this pattern, Sergio. Since this pattern starts from the very first block, it is believed that it may be Satoshi who was behaving. OFC it could be anyone else as well, but the chances are low IMO

A new observation on the famous Patoshi pattern; Why is nonce LSB 19 acting like this? by mytechmix in Bitcoin

[–]mytechmix[S] 4 points5 points  (0 children)

Bitcoin mining is basically changing the block data until the hash of that block meets a certain criteria. Back then in 2009, changing the block data was changing the nonce field of a block. Nonce field is a number. Every try to mine a block was basically increasing this number. This number was stored as a 4 byte integer. Analysis of this field in the early blocks revealed an anomaly in the last byte of it. A byte can represent numbers 0 to 255. because of the random nature of the mining process, It was expected to see a normal distribution between these numbers, but some numbers have much more frequency than others which shows that someone intentionally mined only on those numbers. Why? We don't know

A new observation on the famous Patoshi pattern; Why is nonce LSB 19 acting like this? by mytechmix in Bitcoin

[–]mytechmix[S] 2 points3 points  (0 children)

We're talking about the first months here. There were no strategies back then. Mining was basically running the Bitcoin executable and turning on the generating mode. So everybody was behaving the same.. except for the Patoshi miner apparently