Hi, I am a Newbie
. I would be glad if someone could help me.
I already have searched but could not find the answer to the following question: What amount of work is a "share" when mining and how can I find out the expected number of shares I am going to calculate in one hour given a mining speed of n MH/s? Does this depends on the pool?
Thanks in advance.
Done some reading myself, and what I've gathered....
You start working in a pool.
The pool's server sends your miner a simple piece to work on.
Your piece, when completed, gains you 1 share. (repeat with new piece)
When the block is solved, all the completed shares get equal parts of the BTC reward.
Share pool is cleared, start new block.
Now as for the number of shares.... We're 'Brute Forcing' the answers. We could get lucky and hit the magic number in 30 seconds, or 3 hours.
With Slush's pool ( http://mining.bitcoin.cz
) there's a nice estimate window on the Account page for the current block, to go along with all the other interesting numbers.