PPS is short for "pay-per-share" reward system. This means that the miner will receive a reward get paid for each valid contributed share. There are some other proportional reward systems, where not all miners who contribute get paid, but NiceHash only uses PPS.
The NiceHash stratum engine implements an innovative algorithm, which detects the shares' validity and the pool's stability.
When a seller submits their work a share to NiceHash, it is validated by our stratum engine and validator. A If a share is validated by our engine, but is rejected by the buyer's pool by stratum protocol definitionthis means that there is something wrong with the pool whether it's misconfigured, using the wrong algorithm, or has temporary micro issues and the provider's work was valid.
In this case, the provider gets paid for the asic bitcoin mining calculator pps they provided. So, in this case, it is the buyer's responsibility to switch to other pools. However, if the provider's rig is misconfigured and is producing some not necessarily all invalid sharesthese shares are detected by our engine and for those shares, the provider doesn't get paid and the buyer doesn't pay for thembecause it's the provider's responsibility to provide properly configured and stable mining rigs.
B Our engine additionally checks the responsiveness of the buyer's pool. When a buyer's pool becomes unresponsive pool being DDoSed, pool is having performance issues, etc. This detection is much faster than ordinary mining software detection cgminer, etc.
The buyer can set multiple orders with multiple pools and thus ensure that the majority of their orders will get processes, even if some of the pools are unstable.
C Some buyer's pools generate asic bitcoin mining calculator pps of work restarts. This is usually a symptom of coins with very low difficulty or multipools, which are switching coins very fast and don't have an efficient implementation of coin switching.
In some cases, this is also a result of some custom private pools. Excessive work restarts reduce the miner's efficiency, especially with fast ASIC miners with weak asic bitcoin mining calculator pps. We have addressed this issue by rewarding providers sellers with extra shares, paid by buyers, when fast work restarts occur. What is the PPS reward system? How exactly does pay-per-valid-share and get-paid-per-valid share work?
General help How to start as a seller? What is happening with your computer when you are selling the hashing power? What is hashing power and why would anyone buy it? Is my hardware supported? How to check which graphics card GPU do I have? How much can you earn? What is the service fee for sellers? Asic bitcoin mining calculator pps can you use earned Bitcoins?
Why has your balance or profitability decreased? Can asic bitcoin mining calculator pps change your BTC address? Can you transfer funds from external wallet to internal wallet? Why did your mining balance drop to 0?
Why has the estimated payout date changed? Is it better to choose NiceHash wallet or an external wallet provider? Your wallet provider changed your BTC address. Asic bitcoin mining calculator pps can you do? How to properly use and understand Profitability calculator Mining Which Stratum servers are available?
How can you choose the optimal NiceHash stratum server? Where can you see your mining status? Why are you getting rejected shares? Is it normal that the speed jumps up and down? What happens when there are no orders? What if your hardware is not listed in the profitability calculator? Can you mine only when the price is attractive enough?
Will you lose your balance if you turn off or update NiceHash Miner or if you shut down or restart your PC? Why are there no devices shown in NiceHash Miner? Why is your profitability online different than in NiceHash Miner?
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