_ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 7 down vote favorite 1 I am running GUIMiner and Triplemining server.I currently have just under 100 "shares" accepted.What does this mean?What are accepted shares used for?How do accepted shares relate to "blocks"?How does this relate to a Bitcoin?terminology shares guiminer up vote 8 down vote An accepted share represents work that your miner did towards a round in a mining pool.When the pool finds a block, it distributes the block reward (i.e.25BTC) to the miners according to how many shares they have contributed during that round.The more shares you contributed, the more payback you get.It is simply a way to keep score, and to attribute the reward proportionally to the amount of computing power that each miner contributed to the pool.Edit: "accepted share" is one which is valid at the time the pool receives the work from the miner, but sometimes the work arrives too late and a new block has replaced the previous one.

In these cases you will have some "invalid shares" which don't count towards the revenue share.Your Answer Sign up or log in Sign up using Google Sign up using Email and Password Post as a guest Name Email discard By posting your answer, you agree to the privacy policy and terms of service.Browse other questions tagged terminology shares guiminer or ask your own question.'Accepted Shares' and 'Rejected Shares' represent scorekeeping in your cryptocoin mining software.Shares describe how much work your computer is contributing to the mining group.More accepted shares is good, as it means your work is counting substantially towards discovering new cryptocoins.The more accepted shares you contribute, the more pool payout for each coin block that is found.Ideally, you want 100% accepted shares, as that would mean every single computation on your computer is counted towards a coin discovery.Rejected shares are bad, as it represents work computer that will not get applied towards a blockchain discovery, and will not be paid for.

Rejected shares commonly 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.bitcoin casino scriptRejected share work is discarded.Rejected shares are inevitable, especially in any mining pool with more than a dozen users.bitcoin lawyer seattleVery serious coin miners will tweak their GPU settings to maximize how often their computer submits work each second.nvidia and bitcoin miningHere is one user's strong suggestions on how to make your computer GPU maximize its accepted shares.Bitcoin, and Litecoin, and Dogecoin mining are all about solving mathematical problems, which in turn act as raffle tickets.bitcoin historical market cap

Each problem solved is called a 'proof of work' result, and counts as one raffle ticket  Every time a predetermined quantity of proof-of-work results is generated,  the system draws a raffle number, and one proof-of-work result is awarded a block of new cryptocoins.will bitcoin reach 1000 againEvery miner who contributed to solving that particular block will get some kind of proportionate share of the rewards.It's All About Contributing Your Computer Power to the Mining GroupBecause proof-of-work problems are very difficult to solve, results are best achieved when users combine their computers into a 'pool', with each person's computer contributing a share of the effort.bitcoin bdeAs your personal machine achieves its proof-of-work results, it submits its results to the group.bitcoin sms verification

The faster you can solve proof-of-work problems, the more results you can submit to the group every minute.circle bitcoin limitIf your machine submits its results before the new coin block is found, we call that an 'accepted share'.most trusted bitcoin walletWhen the group of people is rewarded with newly minted coins, it distributes those earnings across people proportionately by their accepted shares.If your computer successfully performs work, but submits it too late for that block, it is called a 'rejected share' of work.You will get no credit for that work, and it cannot be banked towards future coin discoveries.Rejected shares are inevitable, regardless of how powerful your mining computer is.The desired goal is to minimize rejected shares and maximize accepted shares.So, this is part of the secret to being a successful cryptocoin miner:  you want to have a powerful enough machine that it can submit many proof-of-work shares before each new coin is found.Related Bitcoin and Cryptocoin Articles:How Do You Spell 'Bitcoin/Bitcoins?'

404 Page Not Found.Ooops, the page you're looking for does not exist._ Here's how it works: Anybody can ask a question Anybody can answer The best answers are voted up and rise to the top up vote 0 down vote favorite I have just started Bitcoin mining and am using GUI Miner.I have an AMD 7870 OC edition that is mining for me.Currently i'm getting 380 mhash/s, is this good?Also how many of the accepted shares are worth 1BTC?mining-profitability hashpower closed as off-topic by Murch This question appears to be off-topic.The users who voted to close gave this specific reason:"Questions on current market values, energy costs or service provider availability are off-topic as the answers are changing too frequently to be useful to others."– MurchIf this question can be reworded to fit the rules in the help center, please edit the question.up vote 1 down vote I have just started Bitcoin mining and am using GUI Miner.For Bitcoin, it's unlikely to be profitable unless your electricity cost is very low.