Bitcoin & Mining

Pay-Per-Share (PPS)

Also: PPS

A pool payout method that pays a fixed amount for each valid share of work, whether or not the pool finds a block. The pool absorbs the luck, so payouts are steady, and pools usually charge higher fees for it.

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.