A share in Ethereum mining is simply a unit of measurement used to describe the portion of work that a miner has completed in a given period of time. In other words, it is a way to keep track of how much each miner is contributing to the overall Ethereum network.
The more shares a miner has, the more their contributions are worth.
There are two main types of shares: accepted shares and rejected shares. Accepted shares are those that the network has accepted as valid and used to add to the blockchain.
Rejected shares are those that the network has deemed invalid and will not use to add to the blockchain.
The number of shares a miner has can fluctuate over time. If a miner is solo mining, they will only have one share – their own.
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However, if they are part of a mining pool, they will likely have many more shares, as they are sharing their work with other miners in the pool.
The value of a share can also fluctuate over time. The value is directly related to how difficult it is to mine Ethereum at any given moment.
When mining is easy, fewer shares are required to get the same amount of ETH. When mining is difficult, more shares are required.
Shares are just one way to measure a miner’s contribution to the Ethereum network. Another way is through hashrate, which measures the number of hashes per second that a miner is capable of producing.
Hashrate can be affected by many factors, such as the type of hardware being used, the efficiency of that hardware, and luck.
A share in Ethereum mining doesn’t mean much on its own. However, when combined with other factors, it can give you a good idea of how much each miner is contributing to the network and whether or not they are likely to find blocks themselves or be part of a pool that finds blocks frequently.
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is used to build decentralized applications (dapps) on its blockchain. A dapp is an application that runs on a decentralized network.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is used to build decentralized applications (dapps) on its platform. A dapp is an application that is built on a blockchain platform, such as Ethereum.
The expected ROI on Ethereum mining is quite high. This is because Ethereum is one of the most valuable cryptocurrencies in the world. As of writing this article, 1 ETH is worth $1,316.31.
As of mid-2018, the best GPU for Ethereum mining is the AMD Radeon RX Vega 64. This is a high-end gaming graphics card that is capable of delivering a smooth gaming experience at 4K resolution. It is also one of the most powerful GPUs on the market, which makes it ideal for cryptocurrency mining.
When it comes to laptops and Ethereum mining, there is no one “best” option. It really depends on your budget and needs. However, we will break down a few different laptops that would be good for mining Ethereum and give you some pros and cons for each one.
GPU’s are great for mining Ethereum and other cryptocurrencies. However, which GPU is best for mining Ethereum can be a tough question to answer. It really depends on your budget and what you’re looking for in a GPU.
Ethereum miners are responsible for verifying and committing transactions to the Ethereum blockchain. Transactions on the Ethereum network are not free, and require a “gas” fee in order to be processed. The gas fees go to the miners, who then use their computational power to verify the transaction and add it to the blockchain.