How Does the Concept of “Premium” Relate to the Fee Charged by a Mining Pool Operator?

Both the options premium and the mining pool fee represent a payment made in exchange for risk management and a service. The options premium is paid by the buyer to the seller for the right to transfer price risk.

The mining pool fee is paid by the miner to the operator for the service of stabilizing their revenue and managing the variance risk of finding a block. Both payments are the cost of outsourcing a specific type of financial risk.