Glossary · Mining Pools
Stratum
Also: Stratum V1, Stratum V2
Stratum is the protocol miners use to receive work from a pool and submit shares back, with Stratum V2 adding encryption and an optional mode in which miners rather than the pool choose which transactions go into a block.
Related terms
- Mining pool
- A mining pool is a service that combines the hashrate of many miners, submits blocks on their behalf and splits the resulting block rewards according to the work each miner contributed, turning rare large payouts into small frequent ones.
- Share
- A share is a hash a miner submits to a pool that meets the pool's own easier target rather than the network's, serving as verifiable proof of the work the miner has done so the pool can measure each miner's contribution.
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