Ethereum mining total shares 0
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Cryptocurrency Terms to Know Before You Invest: A Beginner’s Guide
Hello, newbie miner here! I was wondering why with a higher hash rate, I am not necessarily getting more valid shares? Mining Pools set a Share Difficulty for every miner.
Based on your hashrate, Mining Pools set how hard it is to submit a share to them. The higher the hashrate, the higher the Share Difficulty. When miners are grinding through hashes, they will eventually find a hash that meets the target Share Difficulty, then they send it to their Mining Pool. In a PPS payment method , miners get rewarded by a mining pool for shares they submit. The shares they submit have different values based on how difficult it was to find the share.
Miners get credited based on the set Share Difficulty from the Mining Pool not the actual share difficulty. Currently, Hiveon initial difficulty is MH. After receiving a certain amount of shares during handshake period , the pool determines what difficulty will be most optimal for a given worker.
This ensures an even rate of transfer of the shares, less load for the server and less stale shares for the client. Hello and thank you for the reply. No, splitting will not affect to profitability. Continuing the association, we simply add to this that the pool determines how diffilcult the work can be entrusted to this or that client.
Payment naturally depends on the diffilculty of the work. But as a result, everyone here has pluses:. Hello, thank you for the reply again. I did understand that more powerful machines get more difficult jobs because they have more hashing power to get through them.
As a consequence, they are paid more. I should probably clarify my situation with a picture. The reported one went from to Or… do you mean by if I submit the same amount of shares but since the difficulty is higher, my higher difficulty shares are worth more? And at the end getting more ETH although I submit as much shares as before?
Not exactly. Thank you so much for all your answers! So in this case, I can assume that the difficulty of my shares has increased each time I have increased my hash rate?
Mine seems to fluctuate quite a lot between 0. Is there a way how much ETH you have earned per day? In the payout tab it shows the ETH earned every hour but it is not really practical to compare for each day. I am only using the pool and not the OS, but can I somehow link my worker to my account so I get more infos? I would say that this is all very approximate, while the Ethereum network is very dependent on the size of the commissions on the network. If the number of resolved blocks is amenable to a mathematical calculation, then the transaction fees included in the blocks are very changeable and very dependent on the movements of the Ethereum price.
Therefore, the calculation of income is significantly different and may change every hour or even half-hour. I am encountering a new situation here. Now my miner reports that sometimes my rig will switch between 2. After some shares sent by worker, pool calculates which difficylty will be best for worker and set calculated difficulty. Since at a certain point in time more solutions can be sent to the pool and, accordingly, the accepted hashrate will be slightly higher than the real hashrate.
The same works the other way around. So, With that in mind would it be better to split the miner and use a lower hash rate? I am at mh and when I start mining I am getting a projected. I have tried going to other pools but it seems consistent. I somewhat have a feeling that a lower hashrate rig with easier shares is getting more ETH than higher difficulty shares. Thanks for your reply.
I have used 3 different calculation site and you are correct. Just disapointing when you see one amount when starting and then it drops. If you bought a cake and are going to eat it alone, then you will eat a whole cake, if you eat with your family, then you will get a piece of cake, but imagine that your whole city will eat it with you. This will probably be fun, but you only get the cake crumbs. So in mining. You seem well informed.
I have a question on the MEV that the pools are using to make extra coin. Is hiveos using it and are they sharing that with the miners? Wow, I will find you for answers. Thanks again. A bit ot, but how to determine differences between different pools, like valid shares , hashrate fluctuation…iv noticed that in one other pool my hashrate is more stable in stats than in hiveon pool…just few ttps what to pay attention when choosing a pool.
Thanks…edit…or is there any difference other than fee and payout treshold…? ASIC Firmware. ASIC Hub. Knowledge base. Show all articles. Referral Program. Increase your income with Hive. Invite your friends and earn real cryptocurrency!
Get your referral link. Why with a higer hashrate, I don't get more valid shares? Nvidia Cards. Low number of valid shares on hiveos on hiveonpool. Hash rate vs accepted shares. Pool hashrate. Hiveon pool uses variable difficulty. If your pool increases your Share Difficulty to 2,, then you will submit shares at the same speed you previously were, but you will receive two times as much revenue from the pool for the shares you do submit.
Smaller rig has more accepted shares than larger one? But as a result, everyone here has pluses: the server will not be overloaded with processing requests from very powerful workers who will bombard it with simple solutions. The smaller the stale shares rate from the client and the higher the overall purity of the shares and the higher the likelihood of finding a block, not an uncle, and hence the higher the overall profitability.
Yes Not exactly.
Ethereum 2.0 staking, a worthwhile investment?
Fans of Ethereum are jumping on the anti-inflation narrative that has been traditionally been one of the main selling points for Bitcoiners. Ether, as the native digital currency of the Ethereum blockchain is known, saw the difference between the number of tokens issued and destroyed turn negative in the last seven days on aggregate for the first time, according to blockchain tracking site watchtheburn. The shift comes as Ether outperforms Bitcoin in price appreciation terms this year, even as both cryptocurrencies climb to record highs. Ethereum is a deflationary asset.
Comparison of mining pools
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10 Crypto Mining Stocks to Watch
Where communities thrive Join over 1. People Repo info. There are native Windows miners; I prefer Linux both for mining and everyday, though. I'm not totally familiar - my usage of Windows since I left back when Win 7 was newest has been confined to hacking on the NT kernel. What GPU do you have?
Ethereum (ETH) mining profitability up until January 9, 2021
There's also live online events, interactive content, certification prep materials, and more. Mining is the process by which new bitcoin is added to the money supply. Mining also serves to secure the bitcoin system against fraudulent transactions or transactions spending the same amount of bitcoin more than once, known as a double-spend. Miners provide processing power to the bitcoin network in exchange for the opportunity to be rewarded bitcoin. Miners validate new transactions and record them on the global ledger. Miners receive two types of rewards for mining: new coins created with each new block, and transaction fees from all the transactions included in the block.
Ether Explained - Chapter 6: Ethereum vs. Bitcoin (part 1)
We strongly recommend that you read our post What is Mining and Mining Luck? At the earliest days of the mining, any processor or GPU had the sufficient power required for finding many solutions per day and getting a reward for the detected block. Difficulty level was rising because the reward for the newfound block was growing as well as its equivalent in value. That was the time when miners decided to unite their efforts and create the mining pools. Mining pools get solutions from all the connected miners, and if one of those numerous solutions appears to be a proper one, the pool gets a reward for the created block. This reward is shared proportionally to the efforts applied by the miners and forwarded to their wallets.
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Ethereum is a blockchain-based software platform that can be used for sending and receiving value globally with its native cryptocurrency, ether, without any third-party interference. But it can also do much more than that. First proposed in by Russian-Canadian computer programmer Vitalik Buterin , Ethereum was designed to expand the utility of cryptocurrencies by allowing developers to create their own special applications. Smart contracts are code-based programs that are stored on the Ethereum blockchain and automatically carry out certain functions when predetermined conditions are met. That can be anything from sending a transaction when a certain event takes place or loaning funds once collateral is deposited into a designated wallet.
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The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market. The amount of coins that are circulating in the market and are in public hands.
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