Pay Per Last N Shares — a pool payout method distributing block rewards proportionally based on shares submitted in the recent window. Rewards are less consistent than PPS but the pool retains less.
Pay Per Last N Shares — a pool payout method distributing block rewards proportionally based on shares submitted in the recent window.
Rewards are less consistent than PPS but the pool retains less.
This mining concept is essential for understanding how proof-of-work blockchains secure transactions and create new coins. Important for miners evaluating profitability and hardware decisions.