Topic: Shares (Read 687 times)
Sorry for a newby question! I'm new for mining. What do shares mean?
When you mine in a pool, the work you do earns you shares of the payout when a block is finally found. It is a proof of work thing. It doesn't mean anything to bitcoin specifically.
Sorry for a newby question! I'm new for mining. What do shares mean?
Lol thanks. I tweaked it a bit so I'm chugging along at about 600 khash/s. Still super slow, I know. But my GUI miners "accepted shares" always seems to be stuck at 3 (1). That's another think I don't understand.
I got a bit of a payout yesterday. The thing is I'm not sure how to tell when a block is found, or when a new round starts.
Ignore the guy that says you are too small, we were all too small at one time. If you enjoy it, do it. On slush, if you look at the Statistics page you will see how long the current block has been running and how long the previous blocks took. Just realize that you are probably making pennies a day, if that much.
The graph will show you how much you have made each day. multiply that number byt the exchange rate and you will see how much you make a day in your currency.
You just crushed whatever little hope I had left.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
I got a bit of a payout yesterday. The thing is I'm not sure how to tell when a block is found, or when a new round starts.
Don't worry about those details, but your speed is negligible you are wasting electricity. Mining Bitcoin requires serious hardware nowadays.
I got a bit of a payout yesterday. The thing is I'm not sure how to tell when a block is found, or when a new round starts.
I'm using slush's fund, and insanely slow, like 100-300 khash.
then most likely what you are earning is either getting lost in rounding or is just too small to display.
or,
when the total number of shares gets too large, the number of shares you have is being scaled back to 0. When a block is found, are you getting any payout?
I'm using slush's fund, and insanely slow, like 100-300 khash.
need... more... info... like what pool are you mining on and what your hashrate is for a start.
This is really frustrating, I'll check my miner and see that he has shares. Some time will go by and I'll check again, and his shares will be zero. And will have not gotten any bitcoins for those shares. What's up with that?
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