What are the differences between PPLNS and PPS mining rewards in the cryptocurrency industry?
jb1zOct 04, 2021 · 4 years ago1 answers
Can you explain the key differences between PPLNS and PPS mining rewards in the cryptocurrency industry? How do these two mining reward systems work and what are the advantages and disadvantages of each?
1 answers
- Sai balajiJan 03, 2024 · 2 years agoAs an expert in the cryptocurrency industry, I can tell you that PPLNS and PPS are two popular mining reward systems. PPLNS rewards miners based on the number of shares they contribute, which means that the more shares you contribute, the more you will earn. PPS, on the other hand, rewards miners for every valid share they submit, regardless of whether the share leads to a block being mined or not. This means that even if you contribute fewer shares, you will still earn a fixed reward for each share. Both systems have their pros and cons, and it ultimately depends on the miner's preference and the specific mining pool they are using. However, PPS is generally considered more stable and predictable, while PPLNS can result in higher earnings if the pool finds blocks frequently.
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