Cryptocurrency Q&A
How do mining pools pay out?
How do mining pools pay out?
Riccardo
Wed Dec 25 2024
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7 answers
1662
I'm curious about how mining pools operate when it comes to payouts. Specifically, I want to understand the mechanism through which mining pools distribute rewards to their participants.
7 answers
RobertJohnson
Fri Dec 27 2024
Unlike PPS, FPPS or PPS+ takes into account the quality of the shares miners provide.
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Elena
Fri Dec 27 2024
One of the prevalent reward distribution methods is Pay-Per-Share (PPS).
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EnchantedMoon
Fri Dec 27 2024
In the PPS system, miners are compensated for every share or block they successfully contribute to the mining pool.
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Giuseppe
Fri Dec 27 2024
This ensures that miners receive a steady stream of rewards regardless of the pool's overall performance.
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Bianca
Fri Dec 27 2024
Miners distribute rewards based on the specific payout structure established by their mining pool.
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