Software & Apps Cryptocurrency Coin Mining: What Is an 'Accepted Share'? In cryptocoin mining, 'accepted shares' has a special meaning Share Pin Email Print What Are Bitcoins? What Are Bitcoins? Introduction Behind the Bitcoin Blockchain Technology Explained How to Avoid Getting Scammed Where to Buy or Sell Other Cryptocoin Examples Bitcoin Cash Litecoin Peercoin Feathercoin Cryptocoin Mining A Beginner's Guide to Cryptocoin Mining What Is an 'Accepted Share'? How You Could Lose Out While Mining Cryptocoins Pixabay By Paul Gil Writer Paul Gil, a former Lifewire writer who is also known for his dynamic internet and database courses and has been active in technology fields for over two decades. our editorial process Paul Gil Updated July 18, 2019 224 224 people found this article helpful Once you're ready to start mining for cryptocoins, you'll start learning about shares. Accepted Shares and rejected shares represent scorekeeping in your mining software. Shares describe how much work your computer is contributing to the mining group. Why Do Accepted Shares Matter? More accepted shares are good; it means your work is counting substantially towards discovering new cryptocoins. The more accepted shares you contribute, the more pool payout for each coin block that is found. Ideally, you want 100 percent of your shares accepted because that means that every single computation on your computer is counted towards a coin discovery. What Are Rejected Shares? Rejected shares represent work that will not be applied toward a blockchain discovery, and they will therefore not be paid for. Rejected shares typically occur when your computer was busy grinding a cryptocoin share problem and it did not submit the results in time to be counted towards a coin discovery. Rejected share work is discarded. Rejected shares are inevitable, especially in any mining pool with more than a dozen users. It's just a fact of cryptocoin mining. Very serious coin miners tweak their graphics processing unit to maximize how often their computer submits work every second. How Cryptocoin Mining Works Most cryptocoin mining is all about solving mathematical problems, which in turn act as raffle tickets. Each problem solved is called a proof of work result and counts as one raffle ticket. Every time a predetermined quantity of proof-of-work results is generated, the system draws a raffle number, and one proof-of-work result is awarded a block of new cryptocoins. Every miner who contributed to solving that particular block will get some kind of proportionate share of the rewards. Without accepted shares, then, a miner gets nothing. It's All About Contributing Your Computer Power to the Mining Group Because proof-of-work problems are difficult to solve, results are best achieved when users combine their computers into a pool, with each person's computer contributing a share of the effort. As your personal machine achieves its proof-of-work results, it submits its results to the group. The faster you can solve proof-of-work problems, the more results you can submit to the group every minute. If your machine submits its results before the new coin block is found, that's an accepted share. When the group of people is rewarded with newly minted coins, it distributes those earnings across people proportionately by their accepted shares.