How Is the Guaranteed Payout in PPS Calculated?

The guaranteed payout per share in the PPS scheme is calculated by dividing the expected block reward (including the base reward and expected transaction fees) by the expected number of shares required to find a block (the difficulty). This calculation provides a deterministic value for each share of work submitted.

The pool operator uses the current network difficulty and the coin's price to determine the fiat or crypto value of the payout.