Questions tagged [mining-pool-shares]
Shares refers to a method for accounting mining pool contributions. It does not cover company shares.
77
questions
0
votes
1
answer
145
views
What's the point for mining pools to set a higher target?
I'm reading the Mastering Bitcoin 10th chapter, and quote
Similarly, a mining pool will set a (higher and easier) pool target that will ensure that an individual pool miner can find block header ...
4
votes
1
answer
204
views
How do mining pools ensure pool members don't cheat?
If I understand well, when being part of a pool, you are asking to solve problems that are easier than the real one, typically finding a hash starting with n zeros instead of n+1 or something.
And you ...
0
votes
1
answer
290
views
Solo mining: Stratum from pool 0 detected new block at height
I'm using ckpool which is a solo Bitcoin "pool". If I see this message
"Stratum from pool 0 detected new block at height"
what does that mean in the context of a solo pool?
In ...
1
vote
0
answers
821
views
Cant understand how share difficulty affects my chances in solo mining with a pool
So obviously I am not solo mining bitcoin but I think the underlying principles are the same so you guys could help me out here.
I am solo mining ergo on a solo pool (herominers solo pool)
What I do ...
3
votes
2
answers
646
views
How does the mining pool know our hashrate/our share?
Scenario:
Person A: has a good mining rig and run for 24 hours and produces: 1000 mega hashes, but found only 1 share.
Person B: has a bad mining rig and run for 24 hours and produces: 1 mega hash, ...
3
votes
1
answer
193
views
How is the proof of work actually proved in the mining pool?
When mining Bitcoin in a mining pool, we share the coin for percentage of the work we have contributed. But how is the work "proved". For example, if the mining software reported "it ...
0
votes
2
answers
766
views
Does the low difficulty for my pool give my miners more guesses per block?
I understand that my chances are better at winning the lottery are better than guessing a block, but humor me please. If I have a pool with 2 miners will my miners offer more "guesses" at ...
1
vote
1
answer
146
views
How do I submit hashes to a stratum URL?
I have block hashes mined from bitcoind. I want to submit it to a pool. How do I do that?
1
vote
2
answers
988
views
How many zeros must be in a bitcoin share for a pool to accept it?
In the binary representation of the hash.
Now the hash should be about 80 zeros.
In the share - less, but how much exactly?
At the dawn of bitcoin in a share, it was enough to have 32 zeros. Now the ...
1
vote
0
answers
254
views
In a mining pool, how do shares counting works with vardiff?
I was reading this very interesting page: https://slushpool.com/help/hashrate-proof/
I read the "How does the mining and hash rate calculation work?" section and with a fixed difficulty for all ...
1
vote
1
answer
783
views
Does getting shares when mining mean that I have earned a reward? [closed]
So I have 13 Total Shares (Non Rejected) and my pool is Mining Pool Hub. It does not show that I have gained any Ethereum when I go to Dashboard (Under Ethereum) on Mining Pool Hub. Do accepted shares ...
0
votes
1
answer
49
views
Can a miner not find a share in his work unit?
I understand that a mining pool operator distribute work units at it miners.
Is it possible that a miner can find no share in his work unit?
If is the case, this mean a miner can work for nothing?
1
vote
1
answer
3k
views
Why mining pools miners need to choose their difficulty?
I read this and this.
It said: "The traditional method involves assigning members a work unit comprised of a particular range of nonce, the number that blockchain miners are computing for. Once the ...
2
votes
1
answer
781
views
Share difficulty and hashrate
Can anybody explain relations and formulas between mining share difficulty, target and hashrate?
Thank you.
0
votes
1
answer
342
views
what is preventing me from changing difficulty every submit when pool mining?
If I do pool mining at difficulty=1000 and I find a share with difficulty=2000, I can tell the pool that I was mining at difficulty=2000 and then submit the share. I can earn more in this way.
Does ...
1
vote
1
answer
135
views
Will there be a problem if bdiff and pdiff are slightly different?
Considering bitcoin target is 0x00000000FFFF0000000000000000000000000000000000000000000000000000 and pool target is 0x00000000FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF. Won't pool miner ...
4
votes
2
answers
2k
views
How does the pool know the share hashes are calculated and not cheated?
Miners calculate share hashes and submit them to the pool for their proof of work. And if the share hashes leads to a correct block hash in terms of difficulty, everybody in the pool gets paid ...
5
votes
2
answers
2k
views
How does solving reduced difficulty hashes contribute to solving a block? [duplicate]
In pool mining, it's my understanding that miners solve a reduced difficulty hash which proves that work is being done and also simultaneously helps solve a block.
How is this computationally ...
1
vote
2
answers
11k
views
How do block rewards work with a mining pool?
I understand there are a number of different schemes for sharing rewards.
My question is about the block reward itself, and how it's shared. If only one miner (typically a pool) can find a reward, ...
-4
votes
2
answers
143
views
Bit coin as equity
Can we use Bit coin as equity for company shares. How do we exchange the bit coin for real money the banks will accept?
1
vote
1
answer
2k
views
How might I reduce the percentage of rejected shares using an Avalon 741 with NiceHash?
I have an Avalon741 running on NiceHash with CGminer and I'm new to mining. The command I'm running is as follows:
sudo ./cgminer -o stratum+tcp://sha256.eu.nicehash.com:3334 -u <address> -p d=...
3
votes
1
answer
470
views
Keeping valid shares for it's own when mining in a pool
How does a mining pool insure that the miner who will find the valid share for the current block will not use it for his solo mining?
1
vote
1
answer
420
views
Not Getting shares but have decent Hashrate [duplicate]
Just signed up and need help.kinda new to bit mining and am using slushes pool with guiminer and cannot get any accepted shares from my Radeon HD 6870 ,it has Hash rate of 200mh/s and 0 shares after ...
0
votes
1
answer
2k
views
How long to get an accepted share?
I am very new to bitcoin mining and am unsure if I set up GUIMiner correctly. I have a new MacBook Pro with a discrete graphics card (ATI Radeon R9 M370X) and am getting about 129 Mhash/s according to ...
1
vote
1
answer
501
views
Buying stocks or bonds with bitcoin [duplicate]
Is it possible to buy stocks online with bitcoin.. the stocks listed on NYSE, NASDAQ and London Stock Exchange among others ?
1
vote
1
answer
79
views
How can a share be 'harder'
I am on a pool that asks you to select a difficulty for your miner. How can some shares be harder than others if they are just a hash?
1
vote
1
answer
539
views
Antminer U1 running on raspberry pi not accepting shares
I'm new to bitcoin mining and am trying to figure everything out still. My Antminer U1 running on my raspberry pi using cgminer is not accepting any shares, and doesn't appear inside of the mining ...
0
votes
0
answers
75
views
How do pools determine a pool-user's hashrate? [duplicate]
How do pools determine a pool-user's hashrate? It seems they would base it on the particular user's difficulty or rate of accepted shares.
2
votes
2
answers
5k
views
Does cpuminer do its work?
I have a question about using cpuminer to mine bitcoins. I know that it's not efficient, but I'm not about making any money from it (obviously), I just want to mine some fractions of a bitcoin.
Now, ...
1
vote
1
answer
3k
views
What does DOA stand for?
What does DOA stand for?
I've seen this in the context of P2Pool stales, specifically here.
2
votes
1
answer
533
views
What is Multi-PPS (Pay Per Share)?
I know the original proposal on bitcointalk is here, but can someone explain it more succinctly?
How does Multi-PPS work?
Can it actually prevent mining centralization?
2
votes
1
answer
189
views
When ASICs generate a share, is it always at difficulty 1?
Are they preset to only return difficulty 1 shares when the find a nonce? Then mining software verifies if it meets current target difficulty? Or, if given a different target difficulty, will the ...
1
vote
1
answer
260
views
Accepted shares won't go above 200
I'm new to Bitcoin mining, but I'd like to think I got things set up. I'm using guiminer, on slush's pool. For some reason, my accepted shares won't go above 200.
I have no stale shares but my ...
0
votes
2
answers
2k
views
Why do I see a 'Yay' with a 70% match, and a 'Booo' with a 75% match?
Just what the title states.
I'm just a couple of days into this idle CPU utilization thing; I run a CPU miner (x-coin-minerd on a Windows 7 box).
Scrolling through the command line output I see ...
0
votes
2
answers
7k
views
I have over 10,000 shares accepted. How can I find out how much bitcoin that is? [closed]
I have over 10,000 shares accepted. How does that translate to bitcoin? How much bitcoin is 10,000 shares? It says it will transfer to my wallet when I get .01 bitcoin. But so far, nothing in my ...
-1
votes
1
answer
2k
views
CPUminer minerd output confusion (OLY & crypticpool). How do I get multiple, "yay!!!" in a single block?
I'm a bit confused by the output of my minerd from cpuminer because my understanding is that there is a 3 minute block target time, but somehow I got 4 submitted hashes in less than a minute, and it ...
0
votes
1
answer
428
views
Can bitcoin pools set a different difficulty value other than the network difficulty
I would like to know if bitcoin pools can give a different difficulty value other than the network difficulty or is the network difficulty the same for everybody
1
vote
1
answer
1k
views
Solving a block and share relationship [pool mining]
I have a somewhat odd question. I am currently pool mining and it is telling me my best share and the difficulty (this is an altcoin but same question applies). My miner is telling me my best share ...
4
votes
1
answer
2k
views
Why GPU (cgminer) scrypt mining generates so many false-positive nonces?
I understand that GPU might have less accurate results of real numbers because speed/performance is the target. But I don't understand why it also occurred in integer numbers.
Taking mining algorithm,...
16
votes
3
answers
24k
views
How do mining pools work?
I understand the following
Pooled mining is a mining approach where multiple generating clients
contribute to the generation of a block, and then split the block
reward according the ...
1
vote
1
answer
7k
views
Why doesn't the number of shares in my miner match the number of shares reported by my pool?
It was my understanding that I have found a share, when the miner reports accepted:...(yay).
However, the number of shares I'm being credited with in my pool is much lower than the number in the ...
-1
votes
1
answer
592
views
Questions about Bitcoin mining hardware and in pools [closed]
I have recently found out about Bitcoin, and as I read more and found about about hardware and stuff, I thought of a lot of questions.
So Butterfly Labs has Bitcoin mining hardware, and I was ...
1
vote
1
answer
4k
views
Understanding Shares in Pool Mining
I just started mining today at Dogechain pool. I wanted to see what mining was like, so I'm only using minerd with my CPU. I don't expect a lot until I get a GPU rig going, but something doesn't seem ...
-1
votes
1
answer
3k
views
Bitminter Blocks: why didn't my balance change? [closed]
I recently started mining in BitMinter's Pool. I realized I had 10 proof of works accepted by the server, but my balance didn't change. What am I missing?
4
votes
2
answers
14k
views
What is the relationship between hash rate and accepted shares?
Specifically this question is about Litecoin, but I suspect the answer would apply to both.
Say you have a rig mining at 700Kh/s (LTC). It seems that you get, more or less, a one or a few accepted ...
2
votes
1
answer
3k
views
What does the Accepted/Rejected mean?
I'm using a Bitcoin Miner on Btc Guild. It's showing 12 Accepted, 0 Rejected. What does that mean?
1
vote
1
answer
485
views
CGMiner, share sizes, what does a shares size with a G appended mean, how much larger than a M (million) share is it?
Well I think I can retire mining now, I how produced this huge hash overnight
So, I have looked everywhere. How much is a G share in comparison to a M (million) share? There is no logical step from ...
1
vote
1
answer
4k
views
When mining, all my shares are rejected. Why am I not getting any accepted shares?
This applies for when I mine anything (Litecoins, Dogecoin, etc.) I have a Radeon HD 6670 (mining @ 100 Mh/s according to cgminer) and it isn't overclocked or anything. Kind of puzzled as to why this ...
3
votes
1
answer
12k
views
What's the advantage to requesting a higher difficulty when mining?
I've seen pools recommend higher difficulties for higher-speed hardware - what's the benefit (for either the pool or the miner) in doing so?
0
votes
1
answer
1k
views
Lost mining shares when restarted GUIMiner
I am new to BTC mining, even totally new to bitcoins. I closed and restarted my GUIMiner and all my bitcoin shares were gone. What am I doing wrong? Is there a way to persist these shares across ...