Post
Topic
Board Mining support
Merits 1 from 1 user
Re: Antminer s9 firmware
by
mikeywith
on 10/04/2020, 23:30:44 UTC
⭐ Merited by 2alt (1)
Can you go into more detail about pps?

This will be off-topic, there are a dozen resources online about how PPS actually works, but I can tell you what I think you don't understand based on what you wrote.

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he thing about pps is lets say a block takes 2 hours to find. A miner that mined for the 1st hour will still get a payout.

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I always thought those pay per every share regardless. They work great on pools that are constantly finding blocks.

It does not matter if the pool finds a block or not, as a miner that is none of your concern, you get paid for every accepted share even if the pool fails to find a block, in other words, every share has a "price", you submit the share you get paid regardless of anything else.

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Probably really profitable if you have a good hash (not 13.5 lol).

A share is a share, it doesn't matter how many you submit, the only problem would be the minimum payout, which is 0.001BTC for most PPS pools, or 4.5 days at current base, which actually is not that bad after all, pools like viabtc do PPS+, the block rewards are PPS and the block fees are based on PPLNS, and that comes at 4% pool fees which is quite high for some.