Pay Per Share — a mining pool payout method where miners earn a fixed reward for each valid share submitted, regardless of whether the pool finds a block. Provides consistent income but the pool bears variance risk.
Pay Per Share — a mining pool payout method where miners earn a fixed reward for each valid share submitted, regardless of whether the pool finds a block.
Provides consistent income but the pool bears variance risk.
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.