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Change in terminology to "full pay-per-share"

Posted: Mon Aug 03, 2020 12:42 pm
by Steve Sokolowski
It was brought to our attention that it seems that, at some time around 2018 when bitcoin transaction fees became very high, some mining pools redefined the term "pay-per-share" to mean that a pool is not including the transaction fees its payouts. It now appears that the term "full pay-per-share" is more appropriate for the way that Prohashing's default payout mode works. While many pools that advertise "full pay-per-share" are still not paying out merge-mining rewards, the term at least seems closer.

There are no changes to the way the system actually works, as Prohashing has always paid transaction fees and merge-mining rewards. Later today, we'll be rolling out a new version of the website with the terms changed.