Cryptocurrency Q&A
How do mining pools pay?
How do mining pools pay?
PearlWhisper
Wed Dec 25 2024
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7 answers
1585
I would like to understand the payment structure of mining pools. How do they distribute the rewards among the miners? Are there specific criteria or is it based on each miner's contribution?
7 answers
WhisperWind
Fri Dec 27 2024
Once the calculations are complete, the software proceeds to send the rewards to the users' wallets.
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GliderPulse
Fri Dec 27 2024
The distribution of rewards among miners is typically governed by the pool's payout scheme.
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Pietro
Fri Dec 27 2024
The software utilized by mining pools often handles the complex task of calculating share payouts.
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Chiara
Fri Dec 27 2024
One common payout scheme is pay per share (PPS), where miners earn based on the number of shares they contribute.
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Chloe_martinez_explorer
Fri Dec 27 2024
Another scheme is pay per last N shares (PPLNS), which rewards miners based on their contributions over a specific period.
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