Separating hashing from proof-of-work in blockchain environments

A proof-of-work method in a blockchain environment, the method comprising:

• receiving, by a computer having a hardware processor, a proof-of-work target scheme associated with the blockchain environment;
• using an electronic data, generating by the computer a hash value via a hashing algorithm, wherein the electronic data comprises at least one blockchain transaction;
• and
• using the hash value as an input to a proof-of-work algorithm, executing by the computer the proof-of-work algorithm to generate a proof-of-work result,
• wherein a time delay in generating the proof-of-work result is achieved mostly by the proof-of-work algorithm causing a cache miss.

A miner system in a blockchain environment, the miner system comprising:

• a hardware processor;
• and
• a memory device storing instructions that, when executed by the hardware processor, perform operations comprising:
• receiving a proof-of-work target scheme associated with the blockchain environment;
• using an electronic data, generating a hash value via a hashing algorithm, wherein the electronic data comprises at least one blockchain transaction;
• and
• using the hash value as an input to a proof-of-work algorithm, executing the proof-of-work algorithm to generate a proof-of-work result,
• wherein a time delay in generating the proof-of-work result is achieved mostly by the proof-of-work algorithm causing a cache miss.

A non-transitory memory storing instructions that, when executed by a hardware processor, perform operations comprising:

• receiving a proof-of-work target scheme associated with a blockchain environment;
• using an electronic data, generating a hash value via a hashing algorithm, wherein the electronic data comprises at least one blockchain transaction;
• and
• using the hash value as an input to a proof-of-work algorithm, executing the proof-of-work algorithm to generate a proof-of-work result,
• wherein a time delay in generating the proof-of-work result is achieved mostly by the proof-of-work algorithm causing a cache miss.