What does Accepted mean when mining?

What does it mean when a block share is accepted?

If your computer submits its results before the new coin block is found, that's an accepted share. When the group of people is rewarded with newly minted coins, it distributes those earnings across people proportionately by their accepted shares.

Why do shares get rejected mining?

Rejected shares represent work that will not be applied toward a round in a mining pool. It occurs when you find a share and submit it to the mining pool after the pool has already moved on to the next block. … If everything is working correct, the percentage of rejected shares should be around 1%.

What does share accepted mean?

Accepted shares are, as the name tells, shares that were solved correctly and contributed in time.

What is a valid share in crypto mining?

A "share" is awarded to members of the mining pool who present a valid partial proof-of-work. Mining in pools began when the difficulty for mining increased to the point where it could take centuries for slower miners to generate a block.

What does mining a share mean?

A "share" is awarded to members of the mining pool who present a valid partial proof-of-work. Mining in pools began when the difficulty for mining increased to the point where it could take centuries for slower miners to generate a block.

How do you reduce invalid stock?

5:016:50What Causes Stale or Rejected Shares and How to Reduce Them …YouTube

Can you mine ethereum with NiceHash?

NiceHash isn't really a way to mine Ethereum at all. It is actually a marketplace for buying and selling computing power that is used for mining. Sellers can sell their computing power by running the NiceHash application, and buyers can purchase mining power to mine specific algorithms for profit.

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