Bitcoin which pool

Shares are a tricky concept to grasp. Keep two things in mind: firstly, mining is a process of solving cryptographic puzzles; secondly, mining has a difficulty level. Think of it as a measure of quality. There is no use whatsoever for these share blocks, but they are recorded as proof of work to show that miners are trying to solve blocks. They also indicate how much processing power they are contributing to the pool — the better the hardware, the more shares are generated.

Pools may or may not prioritise payments for how recently miners have submitted shares: for example, recent shared maximum pay per share RSMPPS. More examples can be found on the bitcoin wiki. There are many pool options available for mining beside bitcoin. Some popular ones are BTC. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.

They are listed for historical purposes only. The following pools are known or strongly suspected to be mining on top of blocks before fully validating them with Bitcoin Core 0. The following pools are believed to be currently fully validating blocks with Bitcoin Core 0. Jump to: navigation , search. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. Similar to proportional, but instead of looking at the number of shares in the round, instead looks at the last N shares, regardless of round boundaries.

Each submitted share is worth certain amount of BTC. It is risky for pool operators, hence the fee is highest. When block is found, the reward is distributed among all workers proportionally to how much shares each of them has found. Each submitted share is worth more in the function of time t since start of current round.

This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Steady Earnings. Comprehensive Service. Comprehensive Service Our comprehensive service is committed to improving miners' income, closing the gap between mining and trading, and providing a one-stop mining ecosphere.

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