An ASIC submits a share to the pool. We look to see if the share is below our share target and then credit it as valid.
There are two types of shares that can be submitted: accepted and rejected shares.
- Accepted Shares - this is work that is acceptable to the pool and the miner receives a reward for it.
- Rejected Shares - work done by the miner that does not contribute to block discovery (can't actually be used) and the miner does not receive a reward for it.