flywithu/Learning-Bitcoin-from-the-Command-Line
1
1
Fork 0
mirror of https://github.com/ChristopherA/Learning-Bitcoin-from-the-Command-Line.git synced 2025-06-09 00:46:25 +00:00
Code Issues Releases Wiki Activity
Learning-Bitcoin-from-the-C.../15_3_Mining_with_Regtest.md
Bruno Volpato 58a53cad64 First version of 15.3: Mining the Regtest
2018-01-23 08:55:45 -08:00

1.1 KiB
Raw Blame History

15.3: Mining the Regtest

NOTE: This is a draft in progress, so that I can get some feedback from early reviewers. It is not yet ready for learning.

This document explains how to generate (i.e. mine) blocks using a Regtest (Regression Test) blockchain. To generate the Genesis block and the next blocks on a new blockchain requires very minimal proof-of-work, due to the low difficulty and that it follows the Testnet rules.

Generating blocks

You can generate/mine new blocks using the RPC method generate. This method is only available in the Regtest mode, using the following command:

$ bitcoin-cli -regtest generate 101

This command will generate 101 blocks using a special RPC which is only available in regtest mode. This takes less than a second on a generic PC. Because this is a new block chain using Bitcoin’s default rules, the first blocks pay a block reward of 50 bitcoins. Unlike mainnet, in regtest mode only the first 150 blocks pay a reward of 50 bitcoins. However, a block must have 100 confirmations before that reward can be spent, so we generate 101 blocks to get access to the coinbase transaction from block #1.