FPPS

Related terms

PPS

PPS (pay per share) is a pool payout scheme that pays a fixed amount for every accepted share, calculated from the expected value of that share at the current difficulty, so the pool absorbs all the variance and usually charges a higher fee for doing so.

PPLNS

PPLNS (pay per last N shares) is a payout scheme that distributes each block the pool actually finds among the shares submitted in a window before that block, so miners bear the pool's luck and a miner who leaves shortly before a block forfeits some of the reward.

Transaction fees

Transaction fees are the amounts users attach to Bitcoin transactions to have them included in a block, collected by the miner of that block on top of the subsidy and forming a growing share of mining revenue as the subsidy shrinks.