For pool mining, what exactly is a share?

If you want another company to mine for you you need cloud mining. A hardware wallet like the. The faster you can solve proof-of-work problems, the more results you can submit to the group every minute. Two reasons: first, in order for their shares to be valid they have to have the pool set as the recipient, so the mined block already gives the reward to the pool no matter who broadcasts it, and second (as indicated by zanzu ) the.

Ethereum Stack Exchange

Can I just join a Bitcoin pool? Up for grabs is a supply of roughly 36,000 units of new ether, the digital token associated with ethereum, per day. Heres a chart showing that explosion in mining resources: Streng says he has maintained very strong connections with his GPU suppliers, by virtue of being one of the earliest large ethereum miners.

How much is 1 share of Ethereum worth?

Buying ether is the easiest and fastest way to get ether. That is, it has difficulty "over 10,000" and so it meets not just the share criteria but the full network standard of difficulty, which is much harder. This created an absolute shortage in the market, Streng said. (This is the "block withholding attack" I mentioned above).

Coin Mining: What Is an Accepted Share?

Ethfans ethfans is another Chinese pool with about.6 of the network hash rate. Why Do Accepted Shares Matter? DwarfPool, dwarfPool is the third largest Ethereum mining pool with about 13 of the networks hash rate. But still, we can see how someone who isn't doing actual mining would never be able to find any shares in the first place, which means this is actually reasonably secure from the pool's perspective as a way of measuring how much work everyone. Its an information advantage to maintain secrecy, Streng says.

How much eth is a share?

At current prices of around 200 per ether, that translates.2 million worth of ether that miners compete for each day. Jordan Tuwiner, last updated July 13, 2017, once you get. These "better than 100 but still less than 10,000" blocks are the ones we're calling the "shares". To become valid blocks, an attempted block with a specific nonce has to be "better" than 10,000. Lisa Su, AMDs chief executive, said the firm saw elevated demand from cryptocurrency miners during the quarter.

Strange hashrate and no-shares Issue #514 ethereum-mining

Rejected shares typically occur when your computer was busy grinding a cryptocoin share problem, and it did not submit the results in time to be counted towards a coin discovery. Press h to open a hovercard with more details. This need for graphics cards helped AMD give a solid beat to analyst estimates, said. Shares rose 11 after the chip company announced earnings on July 25, but the firms stock is up 152 over the last 12 months, making it the fourth best performer on the S P 500, cnbc reported. You risk the opportunity to mine for the days you are delayed.