Saying they have to start over is implying that you're somehow making progress. ... | Hacker News

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		hueving on April 11, 2014 \| parent \| context \| favorite \| on: Bitcoin Falls Below $400 Saying they have to start over is implying that you're somehow making progress. The only progress your are making is just ruling out a few inputs from a massive search space. You don't really lose any work when it resets because the work you've done is useless.

kbenson on April 11, 2014 | [–]

I understand the semantic difference, but I'm not sure the distinction matters in any way. The implication that there is progress is tenuous at best.

clarkm on April 11, 2014 | [–]

Of course they lose work. They have to pay the set-up cost of bundling a new set of transactions for the next block.

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