US EditionThe Evolution of Bitcoin Mining Pool Rewards: Fixed & Upfront Payouts
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The Evolution of Bitcoin Mining Pool Rewards: Fixed & Upfront Payouts
Since the early days of Bitcoin, pools have played a central role in distributing and smoothing rewards for miners. Payout structures evolved over time, from luck-based systems like solo mining and Pay-Per-Last-N-Shares (PPLNS) to predictable models like Pay-Per-Share (PPS) and Full-Pay-Per-Share (FPPS). But one risk remained: hashprice volatility. Even with regular payouts, miners were still exposed to fluctuations driven by Bitcoin price, netw…
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