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
Mining Contract
Another term for cloud mining, where users can rent or invest in mining capacity online.
STO
Security Token Offering (STO) refers to a public offering for tokenized digital securities, or in short security tokens traded in cryptocurrency exchanges.
Seed
A value used to initiate generation of pseudorandom number, ususally a string of 12 commen English words.
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
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