Bitcoin mining pay per share vs proportional representation

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Archived from the original on 1 December Over time, as the network grows, so does most pool's hash rates. List of historical currencies Barter Alternative currency. Retrieved from " https: Dogecoin Gulden Litecoin PotCoin.

The benefits are that the pool can't go bankrupt, and there is no longer any incentive for pool hoppers to switch to another pool on long blocks. This page was last edited on 27 Juneat GM was invented by Meni Rosenfeld. Therefore, if the round was short enough all miners get more profit, and vice versa. Archived PDF from the original on

IO Gridcoin Nxt Waves. The benefits are that the pool can't go bankrupt, and there is no longer any incentive for pool hoppers to switch to another pool on long blocks. Multipools switch between different altcoins and constantly calculate which coin is at that moment the most profitable to mine.

IO Gridcoin Nxt Waves. The Pay-per-Share PPS approach offers an instant, guaranteed payout to a miner for his contribution to the probability that the pool finds a block. Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency.

Archived from the original on This article needs additional citations for verification. Operator receives portion of payout on short rounds and returns it on longer rounds to normalize payments. Retrieved 7 January

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