Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • 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

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025

Cardano founder says Chainlink quotes ‘ridiculous price’ to them.

September 3, 2025
Add A Comment

Comments are closed.

Recent Posts

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025

BetFury Is At SBC Summit Lisbon 2025: Affiliate Growth In Focus

September 17, 2025

FED Mining’s Cloud Mining Platform Is Helping Users Earn $8,800 Per Day, And XRP’s Growth Is Driving Market Enthusiasm.

September 17, 2025

Stablecoin Holdings Drop As Investors Pivot To SOL, XRP, And Altcoins

September 17, 2025

Flipster Partners With WLFI To Advance Global Stablecoin Adoption Through USD1 Integration

September 17, 2025

Zircuit Launches $495K Grants Program To Accelerate Web3 Super Apps

September 16, 2025

Kintsu Launches SHYPE On Hyperliquid

September 16, 2025

New Cryptocurrency Mutuum Finance (MUTM) Raises $15.8M As Phase 6 Reaches 40%

September 16, 2025

How XRP Enthusiasts Can Earn $15k/Day

September 16, 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

What is the next after the Fed’s 25bps is cut? Everything you need to know

September 18, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

Green Hood Contracts Thanksgiving Summary -Ackee Blockchain

September 17, 2025
Most Popular

Floki rose 23% after Bitcoin crossed $70,000. What’s next?

June 5, 2024

Ark CEO Cathie Wood sees Bitcoin as a hedge against currency devaluation and rogue regimes.

April 8, 2024

AI -centered encryption frauds cause $ 200 million in losses in the first quarter.

April 22, 2025
  • 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.