Pay-Per-Share (PPS)
By CoinGecko | Updated on Aug 13, 2021
You are compensated for each valid share that you contribute. Each share is worth a set amount of cryptocurrency that may be mined. Regardless of whether the pool detects a block or not, miners will always get compensated using the PPS payment method. In other words, miners sell their hashrate to a mining pool for a fixed income. Each mining pool is in charge of its revenues and losses.
Related Terms
Daily Active Addresses (DAA)
On a blockchain, users interact with one another through their addresses, and daily active addresses (DAA) refers to the number of addresses which fulfills the defined activity parameter on a given blockchain.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
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