How does FPPS compare to PPLNS in terms of rewards for cryptocurrency miners?

Can you explain the difference between FPPS and PPLNS in terms of rewards for cryptocurrency miners? Which one is more beneficial for miners?

4 answers
- FPPS (Full Pay Per Share) and PPLNS (Pay Per Last N Shares) are two popular reward systems used in cryptocurrency mining. FPPS guarantees a fixed payout for each share submitted by miners, regardless of whether the block is found or not. On the other hand, PPLNS pays miners based on the number of shares they contribute to finding a block. The reward is distributed among the miners who participated in the last N shares. In terms of rewards, FPPS provides a more stable income for miners as they receive a fixed payout for each share. However, the total payout may be lower compared to PPLNS if the pool has a low block finding rate. PPLNS, on the other hand, offers higher rewards for miners when the pool finds blocks frequently. However, there is a risk of receiving no rewards if the pool has a long block finding gap. Ultimately, the choice between FPPS and PPLNS depends on the miner's risk tolerance and the pool's block finding rate.
Mar 20, 2022 · 3 years ago
- FPPS and PPLNS are two different approaches to rewarding cryptocurrency miners. FPPS guarantees a fixed payout for each share submitted by miners, regardless of whether the block is found or not. This provides a more stable income for miners, especially in pools with a low block finding rate. On the other hand, PPLNS pays miners based on the number of shares they contribute to finding a block. The reward is distributed among the miners who participated in the last N shares. This system offers higher rewards when the pool finds blocks frequently, but there is a risk of receiving no rewards during long block finding gaps. So, it's a trade-off between stability and potential higher rewards.
Mar 20, 2022 · 3 years ago
- When it comes to rewards for cryptocurrency miners, FPPS and PPLNS are two different reward systems that miners can choose from. FPPS guarantees a fixed payout for each share submitted by miners, regardless of whether the block is found or not. This means that miners receive a stable income, but the total payout may be lower if the pool has a low block finding rate. On the other hand, PPLNS pays miners based on the number of shares they contribute to finding a block. The reward is distributed among the miners who participated in the last N shares. This system offers higher rewards when the pool finds blocks frequently, but there is a risk of receiving no rewards during long block finding gaps. So, it really depends on the miner's preference and the pool's block finding rate to determine which system is more beneficial.
Mar 20, 2022 · 3 years ago
- FPPS and PPLNS are two different reward systems used in cryptocurrency mining. FPPS stands for Full Pay Per Share, which guarantees a fixed payout for each share submitted by miners, regardless of whether the block is found or not. PPLNS stands for Pay Per Last N Shares, where miners are paid based on the number of shares they contribute to finding a block, and the reward is distributed among the miners who participated in the last N shares. In terms of rewards, FPPS provides a more stable income for miners as they receive a fixed payout for each share. However, the total payout may be lower compared to PPLNS if the pool has a low block finding rate. PPLNS, on the other hand, offers higher rewards for miners when the pool finds blocks frequently. However, there is a risk of receiving no rewards if the pool has a long block finding gap. So, miners need to consider their risk tolerance and the pool's block finding rate when choosing between FPPS and PPLNS.
Mar 20, 2022 · 3 years ago
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