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Bitcoin & Mining

Pay-Per-Last N Shares (PPLNS)

Also: PPLNS

A payout method that, when the pool finds a block, pays miners based on their shares among the last N shares submitted. It rewards miners who stay loyal to the pool but leaves them carrying more luck variance.

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General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.

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