Mining Pools

Terms used in mining pools, including shares, workers, pool fees, payout systems, Stratum, pool luck and other concepts.

Pool Worker

A logical mining unit used by a pool to track computational work separately.

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PPLNS

A payout scheme based on a miner’s contribution within a defined window of recent shares.

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Stratum V1

The first widely adopted version of the Stratum protocol for pool mining.

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Stale Share

A share associated with a mining job that is no longer current.

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Invalid Share

An incorrect share that the pool does not accept as completed work.

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Rejected Share

A share that the pool does not accept for further accounting.

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Stratum

A communication protocol used by miners to interact with mining-pool infrastructure.

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Pool Fee

A fee deducted by the pool from a miner’s calculated reward.

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Mining Pool

Infrastructure for combining miners, distributing computational work, and calculating payouts.

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Payout Scheme

Rules for calculating and distributing rewards among mining-pool participants.

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FPPLNS

A PPLNS variant using a fixed calculation window or rule for credited shares.

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Payout Threshold

The minimum accumulated balance required before a payout is processed.

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VarDiff

A mechanism that dynamically adjusts share difficulty to a miner’s hashrate.

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Stratum V2

A newer generation of Stratum designed for more efficient and secure mining communication.

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Solo Pool

A pool mode where the reward for a found block is attributed to the participant that finds it.

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Pay Per Share

A payout scheme where rewards are calculated for each accepted share.

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Share Difficulty

The difficulty level used by a pool to regularly track a miner’s computational work.

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Valid Share

A correct share accepted by the pool and credited as completed work.

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Share

An intermediate computational result used by a pool to measure a miner’s work.

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Pool Mining

A collaborative mining model based on combining the computing resources of multiple participants.

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