Bitcoin mining is a tough and uncertain business.

Full Pay Per Share payouts (FPPS) helps with “insurance” against payment uncertainty, but it’s also not a free lunch.

nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqypvlhmnnd80hwy7mh75mhkcgjtrzaw5jjgexzhr07fu8mguyedms7ydwvc3 explains:

https://bitcoinmagazine.com/technical/fpps-is-not-a-free-lunch-for-bitcoin-miners?ref=blog.rigly.io

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What is FPPS?

FPPS = Full Pay Per Share

FPPS is a payout scheme where #Bitcoin miners receive a guaranteed reward for each share they contribute—whether the pool finds a block or not.

It gives miners a more stable income stream, lowers their risk, and allows them to worry less about luck and focus more on mining's nuts and bolts (like literal hardware).

But it’s hardly a free lunch. ICYMI, nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqypvlhmnnd80hwy7mh75mhkcgjtrzaw5jjgexzhr07fu8mguyedms7ydwvc3 wrote about this last month.

https://primal.net/e/nevent1qvzqqqqqqypzqh4nl2ld8qq00kxzxlh5khzk7k82zmjf07k5pn7awska6u66qv7dqyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqswymjekpf24ud3tu3jstjqrhpx0v0esrv3lavu0n3n3yhgzlys0wgkanjh7