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

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

Try to win on Great Game Rockies slots

June 18, 2026
Add A Comment

Comments are closed.

Recent Posts

Chainlink Price Prediction: Record Network Growth Meets Weak Tech

July 1, 2026

Ethereum Institutional Launches As Independent Non-Profit To Bring Institutional Finance Onchain At Scale

July 1, 2026

FxPro Eliminates Spread On Cryptos & Indices

July 1, 2026

EF’s new structure | Ethereum Foundation Blog

July 1, 2026

Utorg Obtains MiCA License As July 1 Deadline Forces Much Of The Industry Out Of Europe

July 1, 2026

TD Cowen lowers strategic target for Bitcoin outlook to $260 and calls new capital framework ‘constructive’

July 1, 2026

Could the UK become a stablecoin hub for cryptocurrencies?

June 30, 2026

REAL launches confidentiality layer to expand institutional RWA adoption.

June 30, 2026

Ethereum price rebound gains traction after overcoming major hurdle.

June 30, 2026

Bitcoin defends $63,000 as market structure moves toward recovery

June 30, 2026

A Decentralized Coordination Layer For Web, Blockchain, & AI

June 30, 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

Chainlink Price Prediction: Record Network Growth Meets Weak Tech

July 1, 2026

Ethereum Institutional Launches As Independent Non-Profit To Bring Institutional Finance Onchain At Scale

July 1, 2026

FxPro Eliminates Spread On Cryptos & Indices

July 1, 2026
Most Popular

Summary of the Router Router

July 17, 2025

House resolution to overturn controversial SEC rules likely to pass Senate: Sources

May 15, 2024

Fractal ID data breach traced to 2022 hack of employee who reused passwords

July 20, 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.