In the field of digital currency mining, the mining pool payment model plays a vital role. Among them, the PPS (Pay Per Share) model and the PPLNS (Pay Per Last N Shares) model have attracted much attention from miners. So, which mining model can bring higher mining income? Let's explore it in depth and uncover this mystery.

First, let's start with the PPS model. The PPS model is a way to calculate mining rewards according to the valid shares submitted by miners. Regardless of whether the mining pool mines a block, miners can get a stable income. The advantage of this model is that miners can get a stable mining income and will not be affected by the luck of the mining pool. For example, if a miner participates in mining under the PPS model, regardless of whether the mining pool mines a block, he can get a corresponding reward according to the proportion of shares submitted, which provides a stable source of income for miners.

However, just like the two sides of a coin, the PPS model also has some disadvantages. Since the mining pool needs to bear the risk of the miners, it usually sets a higher handling fee. This means that although miners can get a stable income, the actual rewards they get may be reduced to a certain extent. In addition, since the PPS model has certain risks for mining pools, some mining pools may require miners to mine within a certain period of time to receive rewards, which may not be friendly to some miners who participate in mining temporarily.

Next, let's take a look at the PPLNS model. The PPLNS model is a way to calculate mining rewards based on the shares submitted by miners for the last N times. The advantage of this model is that it can better reward miners who participate in mining for a long time. For example, if a miner participates in mining for a long time, under the PPLNS model, his submitted shares will be fully considered, so that he can get a relatively high reward, which is an incentive for those miners who have been committed to mining for a long time.

However, the PPLNS model also has some disadvantages. Since the model calculates rewards based on the last N submitted shares, miners may have to wait for a while before they can get rewards. Especially when the mining pool is unlucky, it may take miners longer to get rewards, which may not be ideal for some miners who need to get income in time.

In summary, both the PPS model and the PPLNS model have their own advantages and disadvantages. For miners who pursue stable income, the PPS model may be more suitable, while for miners who participate in mining for a long time and are willing to wait for higher rewards, the PPLNS model may be more attractive. When choosing a mining model, miners need to weigh their own circumstances and needs and choose the most suitable method for themselves. Ultimately, no matter which model is chosen, careful consideration and rational decision-making are required to go further on the road of digital currency mining.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

1. Comparison of PPS and PPLNS modes

Pool Mode Fee Notes

Overseas

Btc Guild PPS and PPLNS PPS: 7.5% PPLNS: 3% The world's largest mining pool, but the website is slow to open in China.

Slush PPLNS 2% The second largest mining pool, the daily income is not certain, it depends on luck.

Deepbit PPS 3%

50BTC PPS 3% The third largest mining pool.

Domestic

F2pool PPS 4% The best mining pool in China, fast speed.

175BTC PPS and PPLNS PPS: 5% PPLNS: 2% A new mining pool in China.

2. Pros and Cons

Bitcoin generates a block every 10 minutes, and there will be tens of millions of people competing, and this block will eventually belong to only one person, and the others will get nothing. You may have to mine for 5 years to get a block. Team mining means that once anyone in the team obtains a block, the currency in the block will be distributed to everyone according to their performance, so that everyone can quickly obtain Bitcoin. PPLNS mining pool (the purest team mining) PPLNS, the full name is Pay Per Last N Shares, which means "paying income according to the past N shares", which means that once all miners find a block, everyone will distribute the currency in the block according to the proportion of the number of shares contributed by each person. For example: suppose that Zhang San, Li Si, and Wang Wu are mining in the same PPLNS mining pool. In the past period of time, Zhang San contributed 10 shares, Li Si contributed 3, and Wang Wu contributed 12, which adds up to 25 shares. At this time, the mining pool found a block containing 25 bitcoins. Then, Zhang San will get 10/25 block rewards, that is, 10 bitcoins, while Li Si gets 3 and Wang Wu gets 12.

In the PPLNS mode, luck is very important. If the mining pool can find many blocks in a day, then everyone will get a lot of dividends. If the mining pool cannot find any blocks in a day, then everyone will not get any income. At the same time, due to the lag inertia under PPLNS, your mining income will be delayed. For example, if you join a new PPLNS mining pool, you will find that the income in the first few hours is relatively low. That is because others have contributed a lot of shares in this mining pool. You are new and your contribution is still small, so your income is relatively low when dividends are distributed. As time goes by, the settlement is settled, and when everyone starts a new round of calculations, you will return to the same level as others. In the same way, if you leave the PPLNS mining pool and stop mining, the shares you contributed are still there. In the following period of time, you will still get dividend income until your shares are settled. The free mining pool provided by Bit Era is the mining pool under the PPLNS mode! Generally speaking, the mining pool under the PPLNS mode charges between 2% and 4%, but the Bit Pool is completely free and does not charge any handling fees. The editor really has to brag about it.

PPS mining pool (similar to the part-time job mode) PPS stands for Pay Per Share. In order to solve the situation that PPLNS sometimes has high returns and sometimes has no returns, PPS adopts a new algorithm. PPS gives you a basically fixed daily return based on the proportion of your computing power in the mining pool and estimates the minerals that the mining pool can obtain every day. This example is easy to understand: suppose your computing power is 100M, and the computing power of the entire mining pool is 10000M, then you occupy 1% of the mining pool computing power. Then, assuming that the mining pool estimates that the mining pool can mine about 4 blocks a day, that is, 100 bitcoins, based on the current difficulty and the global total computing power, then the mining pool will pay you 1% of the entire mining pool every day, that is, 1 bitcoin. In this way, even if the mining pool only mines 1 block today, you will get 1 bitcoin (the mining pool loses money). If the mining pool exceeds its performance and mines 10 blocks, you will still only get 1 bitcoin (the mining pool makes a lot of money). How about it, do you feel that this is a stable job? In fact, in order to avoid the risk of losing money, the mining pool of the PPS model often charges a high handling fee of 7%-8%. In contrast.

Personally, I suggest that novices can try PPS. Although the income is a bit lower, it is more stable every day and is not easily frustrated. In the long run, although PPLNS is sometimes more and sometimes less, the overall income will be better due to lower handling fees.

The choice of model depends on what you are pursuing. PPS (stable income, but relatively low income) PPLNS (unstable income, pursuing high income)