Shares refers to a method for accounting mining pool contributions. It does not cover company shares.
Questions tagged [mining-pool-shares]
78 questions
43
votes
2 answers
What is a share? Can I find it while mining solo, or only when pool mining?
In mining, what is "a share"?
When mining solo, do I "find shares"?
ripper234
- 26,452
- 30
- 111
- 246
42
votes
6 answers
What are stale shares and what can I do to avoid them?
When I mine at a pool, only a part of my shares are accepted. There is a small percentage which is marked as stale.
As far as I know I only get paid for accepted shares, so what are these stale shares and how can I avoid them?
nmat
- 11,479
- 14
- 50
- 78
19
votes
3 answers
What is proof-of-work?
Please explain the proof-of-work concept.
And how does it relate to Bitcoin mining in general, and to the proofs of work (aka shares) of mining pools?
Dr.Haribo
- 8,409
- 10
- 43
- 62
16
votes
3 answers
How do mining pools work?
I understand the following
Pooled mining is a mining approach where multiple generating clients
contribute to the generation of a block, and then split the block
reward according the contributed processing power. Pooled mining
effectively…
user2789433
- 191
- 1
- 1
- 6
12
votes
1 answer
What does "accepted shares" mean?
I am running GUIMiner and Triplemining server. I currently have just under 100 "shares" accepted.
What does this mean? What are accepted shares used for? How do accepted shares relate to "blocks"? How does this relate to a Bitcoin?
Tester97
- 121
- 1
- 1
- 3
7
votes
2 answers
How much is a mining pool share worth on average?
I know that mining pool shares have no value on their own, but it should be possible to find an average value based on the pool's average payout per share. This site describes the expected payout per share as ([block reward] - [pool operator's cut])…
ConstableJoe
- 655
- 2
- 7
- 14
7
votes
1 answer
Cheating on pooled mining
What is stopping me from hacking the mining software such that if I do happen to get the right hash I keep it for myself, but if not then I just submit my work done and get my share of the mined income.
The only way I can think of to check this is…
KayEss
- 173
- 1
- 5
6
votes
1 answer
How do mining pools figure out the hashing speed of the connected miners?
How do mining pools figure out the hashing speed of the miners connected to it?
ThePiachu
- 42,931
- 25
- 138
- 347
5
votes
1 answer
mining with one client on multiple mining pool
Is it possible to mine on different mining pool using one client?
Ok, I know that this sounds ridiculous, but my thoughts are as follows: if I already calculated a lot of hashes for a work for one mining pool may be I will be able to use them for…
Salvador Dali
- 3,320
- 7
- 30
- 49
5
votes
2 answers
How does solving reduced difficulty hashes contribute to solving a block?
In pool mining, it's my understanding that miners solve a reduced difficulty hash which proves that work is being done and also simultaneously helps solve a block.
How is this computationally possible? and how can the pool difficulty be different…
Steven Lutz
- 153
- 3
5
votes
2 answers
Miner speed conversion
What is the exact ratio one would use to convert Miner speed from Hashes per second to Shares per second, assuming Difficulty 1 shares?
ThePiachu
- 42,931
- 25
- 138
- 347
5
votes
2 answers
What does "PROOF OF WORK RESULT: false (booooo)" mean when mining?
I'm mining (Litecoin miner, shouldn't matter) with minerd, and got this in the output:
[2011-10-13 07:12:02] thread 1: 5524 hashes, 0.96 khash/sec
[2011-10-13 07:12:02] thread 0: 5415 hashes, 0.95 khash/sec
[2011-10-13 07:12:04] thread 0: 1588…
ripper234
- 26,452
- 30
- 111
- 246
5
votes
2 answers
Why would a miner mine with a difficulty other than 'the' difficulty?
Why would a miner mine with a difficulty other than the network difficulty? Both of these questions describe miners mining in such a way. What's the benefit of this? What even does it mean?
Kinnard Hockenhull
- 2,423
- 3
- 26
- 36
5
votes
3 answers
How many shares need to be mined before a block is released?
How many shares need to be processed on average before a block is found?
I know that "luck" can be a huge factor which is why it's not quite as simple as that.
I ask because I'm starting my own pool (www.btcpoolman.com). I only have three people on…
Andy
- 151
- 1
- 1
- 2
4
votes
1 answer
What is the correct algorithm to calculate worker & pool hashrate
I need to display the pool and worker hashrates on my website.
The pool uses PSQL.
Aurigae
- 664
- 1
- 4
- 14