- Does pool difficulty matter?
- Is lower mining difficulty better?
- Is higher share difficulty better?
- Is it better to mine solo or in a pool?
- What does low difficulty share mean?
- What is Pool Share difficulty?
- What is pool diff?
- What is pool Hashrate?
- Why is Bitcoin block time 10 minutes?
- What is difficulty adjustment?
- What is low starting diff?
- What does found a share of difficulty mean?
- Which mining pool is most profitable?
Does pool difficulty matter?
Share Difficulty and Mining Difficulty
Share difficulty doesn't affect the number of blocks found by a pool. Share difficulty doesn't affect miner rewards. Shares are used by miners to monitor their rigs and by pools to distribute rewards amongst their miners.
Is lower mining difficulty better?
The lower the target value, the more repetitions of the hash function a miner must go through in order to get an acceptable result—in other words, the higher the difficulty. A miner can, in theory, get lucky and obtain a valid hash for a given block on the first try.
Is higher share difficulty better?
Because the difficulty is higher, the miner will find valid shares less frequently, resulting in less data transmitted from the miner to the pool.
Is it better to mine solo or in a pool?
Pooled mining produces a constant revenue of smaller values, whereas solo mining tends to be more erratic and could take years to mine one block. Pooled mining can generate a 1–2% higher income (before fees, if any) due to long polling provided by the pools. Solo mining wastes time due to only supporting get work pull.
What does low difficulty share mean?
Sometimes it means the share was submitted too late, and the pool has already moved on to the next block. But if you keep getting it over and over, then your miner code is broken (or you're using the wrong algorithm). https://monero.stackexchange.com/questions/1425/what-is-a-low-difficulty-share-error/1430#1430.
What is Pool Share difficulty?
To make this possible, 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. ... In a PPS payment method, miners get rewarded by a mining pool for shares they submit.
What is pool diff?
So the shares numerator is a proxy for the total work done by the pool's miners. The Diff denominator is the block's difficulty, which is proportional to the estimated number of hashes needed to find the block. So the fraction represents how easily this block was found.
What is pool Hashrate?
Remember, the network hash rate is the number of hashes contributed, by all miners and all pools, to mining a block. Depending on the cryptocurrency, it may take quintillions of hashes per second, for perhaps ten minutes on average, to mine a block (that pretty much describes bitcoin mining, for example).
Why is Bitcoin block time 10 minutes?
Ten minutes was specifically chosen by Satoshi as a tradeoff between first confirmation time and the amount of work wasted due to chain splits. After a block is mined, it takes time for other miners to find out about it, and until then they are actually competing against the new block instead of adding to it.
What is difficulty adjustment?
The difficulty adjustment is directly related to the total estimated mining power estimated in the Total Hash Rate (TH/s) chart. Notes. The difficulty is adjusted every 2016 blocks (every 2 weeks approximately) so that the average time between each block remains 10 minutes.
What is low starting diff?
Generally, if you pick too low a starting diff, you'll flood the pool with shares and get temp banned, or something similar. After running for a while, most pools will automatically adjust the diff of the work that it sends, so that you return shares regularly. 1.
What does found a share of difficulty mean?
It means the highest share your rig submitted to the pool you are mining to was 24.7 TH. In order to find a block it needs to submit at share equal to or higher than the difficulty of ETH, which is around 3 PH. 3.
Which mining pool is most profitable?
Hiveon Pool – Most profitable and efficient mining pool.