Which mining reward system, PPLNS or PPS, is more suitable for small-scale cryptocurrency miners?
Melad HaniNov 23, 2021 · 3 years ago3 answers
For small-scale cryptocurrency miners, which mining reward system, PPLNS (Pay Per Last N Shares) or PPS (Pay Per Share), would be more suitable? What are the differences between these two reward systems and how do they affect small-scale miners? Which system offers better stability and consistent payouts for miners with limited resources and lower hash rates?
3 answers
- Nov 23, 2021 · 3 years agoPPLNS (Pay Per Last N Shares) is generally more suitable for small-scale cryptocurrency miners. This reward system takes into account the number of shares a miner contributes over a certain period of time. It rewards miners based on the number of valid shares they submit, which encourages consistent mining activity. PPLNS is known for providing higher payouts during periods of high mining activity, making it a good choice for small-scale miners who may not have high hash rates. However, it may not be as suitable for miners with limited resources or lower hash rates during periods of low mining activity. PPS (Pay Per Share), on the other hand, offers more stable and consistent payouts for small-scale miners. With PPS, miners are paid for every valid share they submit, regardless of the overall mining activity. This ensures that miners receive a predictable income, which can be beneficial for those with limited resources. However, PPS may not offer the same potential for higher payouts during periods of high mining activity compared to PPLNS. Ultimately, the choice between PPLNS and PPS depends on the individual miner's goals, resources, and risk tolerance.
- Nov 23, 2021 · 3 years agoIn my opinion, PPLNS is more suitable for small-scale cryptocurrency miners. This reward system allows miners to earn higher payouts during periods of high mining activity, which can be advantageous for those with limited resources and lower hash rates. However, it's important to note that PPLNS may not provide consistent payouts during periods of low mining activity. On the other hand, PPS offers more stable and predictable payouts for small-scale miners, regardless of the overall mining activity. This can be beneficial for miners who prioritize stability and consistent income. Ultimately, the choice between PPLNS and PPS depends on the miner's individual circumstances and preferences.
- Nov 23, 2021 · 3 years agoAs a representative of BYDFi, I would recommend small-scale cryptocurrency miners to consider using PPS (Pay Per Share) as the mining reward system. PPS offers stable and consistent payouts for miners, which can be particularly beneficial for those with limited resources and lower hash rates. While PPLNS may provide higher payouts during periods of high mining activity, it may not be as suitable for small-scale miners with limited resources. PPS ensures that miners receive a predictable income, allowing them to plan their mining operations more effectively. However, it's important for miners to carefully evaluate their own circumstances and goals before making a decision.
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