Mining Pool Payout Structures: How They Work and What You Should Know
When joining a mining pool, one of the most important considerations for a miner is the payout structure. Mining pool payout structures determine how and when rewards are distributed among the pool members, which can significantly impact your earnings. In this article, we’ll take a deep dive into the different payout structures used by mining pools, explain how they work, and discuss how miners using lotto miners , ASIC miners , or other hardware can choose the best pool for their needs. null What Are Mining Pool Payout Structures? Mining pools combine the computational power of multiple miners to increase the chances of solving a block and earning rewards. When the pool successfully mines a block, the rewards are divided among all contributors based on the amount of computational work (hash power) they’ve provided. However, the way these rewards are distributed can vary from pool to pool, depending on the payout structure used. The payout structure dictates how the pool divides the ...