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

News updates about the Prohashing pool
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Steve Sokolowski
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Joined: Wed Aug 27, 2014 3:27 pm
Location: State College, PA

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

Post by Steve Sokolowski » Mon Aug 03, 2020 12:42 pm

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.
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