Glossary: Share

What Is a Mining Share?

A mining share is a proof-of-work solution that meets a lower difficulty threshold than what’s required for a valid Bitcoin block, used primarily by mining pools to track how much work each miner has contributed.

Why It Matters for Solo Mining

When you’re solo mining, shares don’t actually matter to you—you only care about finding full valid blocks. Pool miners submit shares constantly to prove they’re working, but as a solo miner, you submit nothing until you hit the actual network difficulty and find a real block. Understanding shares helps you realize why pool mining feels more “active” (you see shares being submitted) while solo mining can feel silent for months or years between wins.

How It Works

Mining hardware constantly tries different nonce values to create block hashes. In a pool using the Stratum Protocol, the pool sets a much easier difficulty target than the Bitcoin network requires—maybe 1,000 times easier. When your hardware finds a hash that meets this easier target, that’s a “share,” and you submit it to prove you’re working. The pool tracks all these shares to calculate your percentage of the total work, which determines your payout when someone in the pool finds a valid block.

In solo mining, your mining software connects directly to your Bitcoin node via getblocktemplate or a solo-mining pool like CKPool. You’re aiming for the full network difficulty from the start—no easier intermediate targets. Your hardware might find millions of hashes that would qualify as pool shares, but you never submit them because they’re not good enough to be actual blocks.

Example

Imagine Bitcoin’s current difficulty requires finding a hash starting with 19 zeros. A mining pool might ask you to submit any hash starting with just 10 zeros as a “share.” You’d find these much more often—maybe every few minutes with a device like the Bitaxe Gamma 602. The pool uses these to say “you did 0.0001% of our work this hour.” But solo mining? You’re swinging for those 19 zeros every time, which for a small miner might take years. No participation trophies, just the full block reward when you finally hit it.