This will connect to the cooperative or pool mining server, receive the information and begin to solve the puzzle of the given block. Once it finds the answer to the block, it sends it and continues with its work helping to solve the next block.
How Do Pools Reward Miners?
Pay per share, PPS (Pay Per Share).
This payment method is quite simple. You get paid for every valid share contributed. Each share is worth a certain amount of BTC or any other mineable cryptocurrency.
The share value is calculated based on the probability of a number of shares required for a group to find a block. If the group statistically needs to submit 1000 valid shares to find a block or 6.25 BTC (at the time of writing), then each share is worth 0.00625 BTC. As the difficulty of the network changes, the price of each share also changes.
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