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Mining Pools

How mining pools turn a lottery into a paycheck: share accounting, the PPS, PPLNS, FPPS and solo payout schemes, fees and thresholds, and what pool concentration means for the network.

Beginner

Beginner
Beginner

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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