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How does PPLNS differ from other mining reward systems in the cryptocurrency industry?

avatarsanjida tajubaNov 23, 2021 · 3 years ago3 answers

Can you explain the key differences between the PPLNS mining reward system and other mining reward systems in the cryptocurrency industry?

How does PPLNS differ from other mining reward systems in the cryptocurrency industry?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    PPLNS, or Pay Per Last N Shares, is a mining reward system that takes into account the number of shares contributed by miners over a certain period of time. Unlike other mining reward systems, PPLNS rewards miners based on the number of shares they contribute, rather than the amount of work they do. This means that miners who contribute more shares will receive a larger portion of the mining rewards. PPLNS is often considered more fair and balanced compared to other reward systems.
  • avatarNov 23, 2021 · 3 years ago
    PPLNS differs from other mining reward systems in that it takes into account the number of shares contributed by miners, rather than the amount of work they do. This means that miners who contribute more shares will receive a larger portion of the rewards. Other reward systems, such as PPS (Pay Per Share), distribute rewards based on the amount of work done by miners. PPLNS is often preferred by miners who are looking for a more fair and balanced reward system.
  • avatarNov 23, 2021 · 3 years ago
    PPLNS is a popular mining reward system in the cryptocurrency industry. It differs from other reward systems by taking into account the number of shares contributed by miners. This means that miners who contribute more shares will receive a larger portion of the rewards. Other reward systems, such as PPS and PROP (Proportional), distribute rewards based on the amount of work done by miners. PPLNS is often considered more fair and rewarding for miners who actively contribute to the mining pool.