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

Saylor’s strategic message doesn’t help push the Bitcoin story, says StanChart.

July 12, 2026

Bittensor subnet token launches on Kraken

July 6, 2026

Could the UK become a stablecoin hub for cryptocurrencies?

June 30, 2026
Add A Comment

Comments are closed.

Recent Posts

MEXC Expands Ondo Tokenized Stock Lineup With SK Hynix And Four Other Trading Pairs

July 13, 2026

Ethereum Futures Break Records: Are Traders Seeing Bottom?

July 13, 2026

Saylor’s strategic message doesn’t help push the Bitcoin story, says StanChart.

July 12, 2026

Kresus launches cryptocurrency inheritance service for self-managed wallet users.

July 12, 2026

AI Agents and Ethereum Protocol Security: What’s Changed

July 12, 2026

Pakistan’s cryptocurrency regulator calls for dialogue after ruling on cryptocurrency payments

July 12, 2026

Nvidia’s RoboLab addresses key challenges in robot policy evaluation.

July 12, 2026

How do high net worth individuals execute large trades?

July 11, 2026

AFX Surpasses $1.1 Billion In Total Trading Volume, Highlighting Capital Efficiency In On-Chain Derivatives

July 10, 2026

Beyond Issuance for Tokenized Equities?

July 10, 2026

TrueDAO Raises $10 Million In Strategic Funding To Accelerate AI-Powered Financial Infrastructure

July 10, 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

MEXC Expands Ondo Tokenized Stock Lineup With SK Hynix And Four Other Trading Pairs

July 13, 2026

Ethereum Futures Break Records: Are Traders Seeing Bottom?

July 13, 2026

Saylor’s strategic message doesn’t help push the Bitcoin story, says StanChart.

July 12, 2026
Most Popular

Will Cardano’s surge in activity be enough for ADA?

February 13, 2024

Binance’s LUNC burn hit 59B as Terra Classic fell further.

May 26, 2024

Crypto traders saw liquidations of more than $400 million as Bitcoin fell below $67,000.

April 2, 2024
  • 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.