Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»How to find blocks in the pool through “shares” given to miners?
BITCOIN NEWS

How to find blocks in the pool through “shares” given to miners?

By Crypto FlexsFebruary 6, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
How to find blocks in the pool through “shares” given to miners?
Share
Facebook Twitter LinkedIn Pinterest Email

Pools make their members easier targets than the current Bitcoin network targets. Whenever a pool member finds a block with fewer hashes than the pool target, they submit that block to the pool controller to earn a “share.” The pool controller verifies that the hash of the submitted block is less than the pool target and verifies that the coinbase for the block pays the pool controller (or equivalent rule).

So “share” is just a way to track the hash rate each member contributes to the pool.

The mining process is independent of the target. Therefore, sometimes the hash of one of the submitted blocks is not only smaller than the easy pool target, but also smaller than the hard Bitcoin network target, so the pool controller can submit that block to the Bitcoin network and receive the block reward. Payments are made to pool members based on the number of shares each pool member has recently acquired.

The exact details of the pool operation depend on the specific network protocol used by the pool. A widely used protocol is Stratum v2. You’ll sometimes see the submitted blocks themselves sometimes called “shares” or “tasks.” 1 task completed == 1 block submitted == 1 share.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

I need to use a voucher with lights, is there a Linux application that can do this?

December 8, 2025

Pull the pin again

December 2, 2025

Bitcoin remains stable as Texas allocates $5 million to BlackRock’s IBIT.

November 26, 2025
Add A Comment

Comments are closed.

Recent Posts

Phemex Co-hosts LONGITUDE, Spotlighting The Next Era Of Crypto Security At Its 6th Anniversary

December 12, 2025

What is BigMilkyWay Token?

December 12, 2025

A Guide to Using Bitcoin for Stablecoin Lending

December 11, 2025

Asia’s Best Crypto Exchange Rate Monitor CryptoChange.app Launches For TWD, HKD, SGD, CNY And More.

December 11, 2025

Galaxy Digital opens Abu Dhabi office to accelerate entry into the Middle East

December 11, 2025

From Rumour To Rocket PIG Meme Coin Lights Up Solana

December 11, 2025

Roll the Dice with Donald Trump: Win $1 Million in New P2E Game

December 11, 2025

Silk Road cryptocurrency activity has resurfaced as dormant Bitcoin wallets become active again.

December 10, 2025

BOLTS Launches Quantum-Resilience Pilot On Canton Network To Future-Proof $6T Real-World Assets

December 10, 2025

Bitunix Integrates Fireblocks And Elliptic, Elevating Security And Compliance To Institutional-Grade

December 10, 2025

Gamdom Introduces 100% Return To Player Across All Original Crypto Casino Games

December 10, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Phemex Co-hosts LONGITUDE, Spotlighting The Next Era Of Crypto Security At Its 6th Anniversary

December 12, 2025

What is BigMilkyWay Token?

December 12, 2025

A Guide to Using Bitcoin for Stablecoin Lending

December 11, 2025
Most Popular

Coinbase Adds Polygon Native Token (POL) to Listing Roadmap Ahead of September MATIC Rebrand

August 23, 2024

Vitalik Buterin disagrees with Mark Cuban on the role of cryptocurrencies in politics.

July 17, 2024

Blast network TVL plunged 65%, losing $2 billion in just 24 hours after its mainnet launch.

March 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.