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It is done through the completion of complex mathematical equations that validate transactions.
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Mining Pool Shares, Difficulty and Luck ExplainedMiners work on a side blockchain called a share chain, mining at a lower difficulty at a rate of one share block per 30 seconds. Once a share block reaches the. This paper proposes a conceptual framework for the analysis of reward sharing schemes in mining pools, such as those associated with Bitcoin. A share is the miner's portion of the reward block that is (generally) proportional to the amount of work they contributed to the overall effort.
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