What Is the Difference between Pay-Per-Share (PPS) and Proportional (PROP) Mining Pool Payment Methods? ▴ Learn

What Is the Difference between Pay-Per-Share (PPS) and Proportional (PROP) Mining Pool Payment Methods?

Pay-Per-Share (PPS) offers miners a guaranteed payout for each "share" submitted, regardless of whether the pool finds a block. The pool operator assumes the "luck" risk, which means the fee is usually higher to cover this variance.

Proportional (PROP) only pays miners once a block is successfully found by the pool. The payout is proportional to the number of shares submitted by the miner during the round.

PROP shifts the luck risk to the miners, resulting in lower operator fees.

What Is the Concept of ‘Stale Shares’ and How Do They Affect a Miner’s Profitability?

How Do Different Mining Pool Fee Structures Work?

What Happens to the Shares That Were Submitted Immediately after a Valid Block Is Found?

What Is the Difference between a ‘Valid Share’ and an ‘Invalid Share’?