Pay per share vs pplns bitcoin
For each share score is updated by: This makes later shares worth much more than earlier shares, thus the miner's score quickly diminishes when they stop mining on the pool. Rewards are calculated proportionally to scores and not to shares. Like Pay Per Share, but never pays more than the pool earns.
Calculate a standard transaction fee within a certain period and distribute it to miners according to their hash power contributions in the pool. It will increase the miners' earnings by sharing some of the transaction fees. The pool's total hash rate is very dynamic on most pools. Over time, as the network grows, so does most pool's hash rates.
The displayed values are the pool's relative sizes based on the network: Using PPS you get a set number of Bitcoins per share of work you have solved. It has no luck involved so the payouts do not fluxuate.
In simple terms, this means each share is valued at the average expected value at current network difficulty. The pool is absorbing the chance of "bad luck" or general variance, and offering you a flat rate. The current PPS rate can always be seen in the top right corner of our website.
Is is updated immediately whenever the difficulty changes every 2 weeks. A log of your BTC earned is available under the 'Payments' section, which breaks down shares submitted per difficulty. The amount of processing power you have will have a significant impact on your earnings as your power is relative to the size of the pool instead of there being a direct proportion between input and output. If your mining rig is not as powerful as some other miners, choosing a pool that pays on PPS would be more beneficial.
Miners are paid for each share that they submit, giving them the predictable payment method of PPS, but an additional transaction fee will be paid based on the PPLNS calculation method. This gives miners the best of both worlds as well as the potential to earn more. For a clear comparison of the payment methods see the ViaBTC page at, https: For clarity, many of the pricing discussions mention Solo. This is when a miner is allocated the full payment for the block they mined alone.
Different mining pools offer different payment options.