[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"glossary-related-en-fpps-full-pay-per-share":3,"glossary-term-en-fpps-full-pay-per-share":35},{"items":4},[5,11,17,23,29],{"id":6,"slug":7,"term":8,"shortDefinition":9,"firstLetter":10},"8b7bc8a3-1168-489f-9b27-00d97652227d","stratum-protocol","Stratum Protocol","The Stratum Protocol is a communication protocol used in Bitcoin mining to facilitate the efficient exchange of information between miners and mining pools. It allows miners to connect to a pool’s server, receive work (mining tasks), submit results (shares), and receive block rewards. Stratum is designed to reduce latency, optimize performance, and allow for scalable, low-bandwidth communication between mining hardware and pool operators.","S",{"id":12,"slug":13,"term":14,"shortDefinition":15,"firstLetter":16},"b2252bee-32e0-4565-ba81-9a64bb422b35","difficulty-adjustment","Difficulty Adjustment","Difficulty adjustment is the process by which the Bitcoin network changes the mining difficulty every 2016 blocks to ensure that new blocks are mined at a consistent rate of one every 10 minutes. This adjustment is designed to accommodate fluctuations in the network's total computational power.","D",{"id":18,"slug":19,"term":20,"shortDefinition":21,"firstLetter":22},"6ce97587-7230-452d-89bb-3abef6f26ff0","power-supply-unit","Power Supply Unit (PSU)","A Power Supply Unit (PSU) is a crucial component in a Bitcoin mining rig that converts electrical power from the wall outlet (AC power) into the appropriate DC power required by mining hardware, such as ASIC miners or GPUs. The PSU provides the necessary voltage and current to run the mining device.","P",{"id":24,"slug":25,"term":26,"shortDefinition":27,"firstLetter":28},"472268cf-ad8b-4f8e-bfd9-765eeab0c981","hash","Hash","A hash is a fixed-length string of characters generated by applying a cryptographic function to input data. Hashes uniquely represent transactions. Even a small change in the input produces a completely different hash, making it essential for security in Bitcoin mining and block validation.","H",{"id":30,"slug":31,"term":32,"shortDefinition":33,"firstLetter":34},"a9498b6a-3be3-4f39-8b5e-b42c8a52b490","asic-application-specific-integrated-circuit","ASIC (Application-Specific Integrated Circuit)","ASIC (Application-Specific Integrated Circuit) is a type of hardware designed specifically to perform a particular task - in the case of Bitcoin mining, ASICs are tailored to solve the cryptographic puzzles required for Proof of Work (PoW) mining. ASICs are optimized for efficiency, speed and power&","A",{"term":36},{"id":37,"locale":38,"slug":39,"term":40,"h1":40,"shortDefinition":41,"simpleExplanationHtml":42,"howItWorksHtml":43,"exampleHtml":44,"contentHtml":45,"aliases":46,"abbreviations":47,"algorithms":48,"faq":49,"seoTitle":68,"seoDescription":69,"status":70,"publishedAt":71,"updatedAt":72},"c1cd9775-ba3b-41b4-b03f-dc26e14d8510","en","fpps-full-pay-per-share","FPPS (Full Pay Per Share)","FPPS (Full Pay Per Share) is an enhanced payout model used by mining pools to distribute rewards to miners. In FPPS, miners are paid a fixed amount for each share they contribute to the pool, just like the standard PPS model. FPPS goes a step further by including both the block reward and the transaction fees in the payout, ensuring that miners receive 100% of the reward from both sources.","\u003Cp>FPPS (Full Pay Per Share) is a variation of the PPS (Pay Per Share) payout system. Like PPS, miners in a pool are paid for every share they submit based on the pool’s difficulty level and block reward. However, unlike the standard PPS model, FPPS includes not only the block reward (the fixed amount of Bitcoin created for each mined block) but also the transaction fees that miners collect from transactions included in that block.\u003C\u002Fp>\u003Cp>In essence, FPPS ensures that miners receive 100% of both the block reward and transaction fees, distributed proportionally based on their contribution to the pool. This makes FPPS a more favorable option for miners who want a predictable income stream, including rewards from both the mined block and the associated transaction fees.\u003C\u002Fp>","\u003Cp>The FPPS model works similarly to the standard PPS payout model, with the key difference being that it includes transaction fees in addition to the block reward. Here’s how it works:\u003C\u002Fp>\u003Col>\u003Cli>\u003Cp>\u003Cstrong>Shares Submitted\u003C\u002Fstrong>: Miners contribute shares to the pool by solving partial mining puzzles, which are then submitted to the pool.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Block Mined\u003C\u002Fstrong>: When the pool successfully mines a block, the pool receives both the block reward (currently 6.25 BTC) and transaction fees (fees collected from Bitcoin transactions included in the block).\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Reward Distribution\u003C\u002Fstrong>: The pool operator distributes the total rewards (block reward + transaction fees) to miners according to their contribution, with the amount each miner receives being proportional to the shares they submitted.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Full Payment\u003C\u002Fstrong>: In FPPS, miners receive a fixed payout for each share, which includes both the block reward and the transaction fees, ensuring they are paid the full reward from both sources.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Fol>\u003Cp>The FPPS model is beneficial because it provides a more predictable and stable income for miners, as they are guaranteed a payout based on every share they contribute, and the payout includes all of the rewards, not just the block reward.\u003C\u002Fp>","\u003Cp>Let’s consider a mining pool that successfully mines a block, and the total reward consists of the following:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp>\u003Cstrong>Block reward\u003C\u002Fstrong>: 6.25 BTC\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Transaction fees\u003C\u002Fstrong>: 0.25 BTC\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Total reward\u003C\u002Fstrong>: 6.5 BTC\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Miner A\u003C\u002Fstrong> contributes 100,000 shares.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Miner B\u003C\u002Fstrong> contributes 50,000 shares.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Total shares submitted\u003C\u002Fstrong>: 150,000 shares.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>The pool payout per share is calculated as:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cp>\u003Cstrong>Payout per share\u003C\u002Fstrong> = 6.5 BTC \u002F 150,000 shares = 0.0000433 BTC per share.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Miner A’s payout\u003C\u002Fstrong> = 100,000 shares * 0.0000433 BTC = 4.33 BTC.\u003C\u002Fp>\u003C\u002Fli>\u003Cli>\u003Cp>\u003Cstrong>Miner B’s payout\u003C\u002Fstrong> = 50,000 shares * 0.0000433 BTC = 2.165 BTC.\u003C\u002Fp>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>\u003C\u002Fp>","\u003Cp>In this example, both Miner A and Miner B receive payouts that include both the block reward and the transaction fees, and their payouts are directly proportional to the shares they contributed to the pool.\u003C\u002Fp>",[],[],[],[50,53,56,59,62,65],{"answer":51,"question":52},"The main difference between FPPS (Full Pay Per Share) and regular PPS (Pay Per Share) is that FPPS includes not only the block reward but also the transaction fees collected during the mining process. In PPS, miners only receive the block reward, whereas FPPS ensures miners are paid for the transaction fees as well, offering more consistent payouts.","What makes FPPS different from regular PPS?",{"answer":54,"question":55},"FPPS benefits miners by providing them with a more predictable and stable income, as they receive both the block reward and the transaction fees for every share they contribute. This increases the overall payout per share, making it a more attractive option for miners who want to receive the full reward from mining activities.","How does FPPS benefit miners?",{"answer":57,"question":58},"FPPS can be more profitable for miners compared to other payout models, especially in cases where transaction fees are significant. Since miners are paid for both the block reward and transaction fees, FPPS ensures they receive a larger portion of the rewards. However, the profitability also depends on the pool’s fee structure and the overall network difficulty.","Is FPPS more profitable than other payout models?",{"answer":60,"question":61},"In FPPS, transaction fees collected from Bitcoin transactions included in the mined block are distributed along with the block reward. This ensures that miners receive the full compensation for their contribution, including the fees miners would typically miss in other payout models like PPS."," How are transaction fees handled in FPPS?",{"answer":63,"question":64},"One downside of FPPS is that the pool operator typically charges a higher fee than other payout models like PPS or PPLNS, as they need to cover the cost of distributing both the block reward and transaction fees. Miners should compare pool fees before joining a pool to ensure that the added benefits of FPPS outweigh the costs.","Are there any downsides to using FPPS?",{"answer":66,"question":67},"Yes, miners can switch to a pool that uses the FPPS model at any time. However, miners should consider factors such as pool fees, reliability, and payout history before switching pools. FPPS is often chosen for its stability and predictability in payouts, especially for miners who value regular, consistent earnings.","Can I switch to a mining pool that uses FPPS?","FPPS (Full Pay Per Share): Definition, How It Works, and Benefits","What is FPPS (Full Pay Per Share) in Bitcoin mining? Learn how FPPS guarantees full payouts for each share, its benefits for miners, and how it differs from other payout models.","published","2026-05-02T22:14:40.979Z","2026-05-02T22:14:36.469Z"]