PPS (Pay-Per-Share)

PPS is a mining pool payout method compensating based on contributed hashrate.

Related terms

POS

POS, or Proof of Stake, is a consensus method selecting validators based on staked coins.

PPLNS (Pay Per Last N Share)

PPLNS rewards miners based on the number of shares contributed to the last N shares.

PSU

A PSU provides power to ASICs and may be external or integrated.

Payback Period

Payback period is the time it takes for mining hardware to generate revenue equal to its cost.

PoW (Proof-of-Work)

PoW is a consensus method using computational work to validate blockchain transactions.

Power Rate

Power rate is the cost of electricity used in mining, measured per kilowatt-hour.