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

Bittensor subnet token launches on Kraken

July 6, 2026

Could the UK become a stablecoin hub for cryptocurrencies?

June 30, 2026

bitcoin core – How does a block explorer efficiently index and query plain text strings in OP_RETURN?

June 24, 2026
Add A Comment

Comments are closed.

Recent Posts

CASHCAT Trader converted $316 into $2.1 million on Robinhood Chain.

July 9, 2026

ARB surges as Robinhood Chain fee sharing strengthens long-term outlook.

July 9, 2026

ORBS) Reports Total Holdings Of Approximately $397 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH And Over 283 Million WLD Tokens

July 9, 2026

Tria Brings VIP Trading To Self-Custody For The First Time, Ending The Rewards Vs. Asset Ownership Tradeoff

July 9, 2026

Bybit PWM BTC Funds Post 4.9% Growth In 60-Day Annualized Return As Bybit Expands BTC Yield Suite For Holders

July 9, 2026

Polymarket Probability Price The probability that the United States will invade Iran before 2027 is 16.5%.

July 9, 2026

Bitcoin ETF Revamp: Investment Opportunity

July 9, 2026

Cryptocurrency Inheritance Update: May 2026

July 8, 2026

Bitcoin erases sell-off as spot buyers dominate the market.

July 8, 2026

MEXC Adds Nine Ondo Tokenized Stock And ETF Trading Pairs Tied To AI Infrastructure Demand

July 8, 2026

What are cross-chain bridges? Why they keep getting hacked

July 7, 2026

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

CASHCAT Trader converted $316 into $2.1 million on Robinhood Chain.

July 9, 2026

ARB surges as Robinhood Chain fee sharing strengthens long-term outlook.

July 9, 2026

ORBS) Reports Total Holdings Of Approximately $397 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH And Over 283 Million WLD Tokens

July 9, 2026
Most Popular

‘Prediction markets work better’ for election predictions, says Kalshi CEO Tarek Mansour.

October 3, 2024

Woman jailed for laundering $10 million in BTC in $5.6 billion scam

May 25, 2024

The Conflux (CFX) network reveals a detailed voting mechanism for the main parameter adjustment.

February 15, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2026 Crypto Flexs

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