#bip

21 posts

Bitcoin's 24-Bit Mining Nonce Proposal: Why ASICs Need More Headroom

Bitcoin's 24-Bit Mining Nonce Proposal: Why ASICs Need More Headroom

A new BIP draft proposes expanding mining nonce space from 16 bits to 24 bits in the block header's nVersion field. As ASIC hash rates continue to climb, modern mining hardware exhausts the 32-bit nonce in milliseconds, forcing miners to constantly update extraNonce in the coinbase. This proposal would reduce mining overhead and improve efficiency.

·7 min read