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Full pay per share, FPPS (Full Pay Per Share)

Dominican Republic, Santo Domingo, Santo Domingo
Published 3 years ago
ID #826
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Full pay per share, FPPS (Full Pay Per Share)
Dominican Republic, Santo Domingo, Santo Domingo,
Published 3 years ago

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Full pay per share, FPPS (Full Pay Per Share)

The full payment per share is very similar to the ordinary payment per share; the only difference is that the group will also pay the transaction fee that is included if the block is found.

Usually when a group finds a block they split the BTC reward to the miners, but with the block reward, a transaction fee reward also comes. This reward is collected for each transaction made on the blockchain (the fee you have to pay when making a transaction). With full pay per share, the pool will also pay the transaction fee rewards to the miners. For example, the Bitcoin in-depth block 639362 had a fee reward of 0.77905516 BTC +
6.25 BTC block reward.

Last payment of N shares (PPLNS)

The Pay-Per-Last N Share system rewards miners only once the group has found the block. The group then goes back in time and checks the valid actions contributed before the winning block. This is called a time window. Miners are paid based on the valid shares they have submitted in that time period. An example of this type is Slush Pool and AntPool.

Let's take an example. If the current block reward is 6.25 BTC (assuming there are no transaction fees) and the operator fee is 20%, the reward available to miners is 5 BTC. If N is 1,000,000 and you provided 50,000 shares, you will receive 5% of the available reward (or 0.25 BTC).


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    X-NODE Location

    Dominican Republic, Santo Domingo, Santo Domingo
    Av. Santiago City Center 344
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