What Are Mining Shares? (Bitcoin Mining Basics Explained) ⛏️

Show Notes

What are shares in Bitcoin mining and why do pools use them? Jesse breaks down how mining pools verify your hashrate without checking every single hash. Pools set a lower difficulty threshold than the actual Bitcoin blockchain difficulty. Every time your miner hits that threshold, it counts as a "share." The more shares you submit, the more you get paid — it's how pools efficiently track your work without validating trillions of hashes in real time. 🎙 Full episode: https://youtu.be/Xgg1KzgMP_4 🛠 Sponsored by: Hashbranch – Code: HASHRATEUP100 https://hashbranch.com SoloMining – Code: HASHRATEUP | https://solomining.de Altair Technology – Code: HASHRATEUP | https://altairtech.io 📲 HashrateUp Hardware Deals: https://t.me/hashrateup 📩 Free 5-Day Bitcoin Mining Course: https://hashrateup.com/newsletter-sign-up/ #BitcoinMining #MiningPool #MiningShares #HashrateUp #Bitcoin