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Beginner guides

Guides that assume no prior knowledge of mining. Start here if you are plugging in your first machine or deciding whether to.

Mining PoolsBeginner

What Is a Mining Pool and How Do Payouts Work?

A mining pool pools hashrate so that block rewards arrive as small, regular payments instead of a rare jackpot. The scheme a pool uses to split those rewards, PPS, FPPS or PPLNS, decides who carries the risk of a slow week and how much the pool keeps.

8 min read · reviewed

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