FPPS
FPPS is a payout scheme where the pool pays for every share the way PPS does, and adds a cut of the transaction fees from the block on top.
What FPPS is
The name stands for full pay per share. The word full is about what goes into the reward. A found block has two parts: the network subsidy and the fees from the transactions inside it. Plain PPS pays only for the subsidy, while FPPS splits both parts among the participants.
The math works like this: the pool takes the network's average fees over a period, adds them to the subsidy, and derives the price of one share from that total. You get your cut whether the pool got lucky with blocks or not. The pool keeps the risk of bad days for itself and bakes it into its fee.
On Bitcoin, FPPS is the most common scheme today, and most large pools run it by default. For someone with one or two asics the difference from PPS is small, but on days when the network is congested and fees climb, the extra part gets noticeable. In quiet weeks it shrinks to a few percent.
The short version
| Stands for | full pay per share |
| What gets paid | subsidy plus a share of the block fees |
| Difference from PPS | PPS does not pay transaction fees |
| Who takes the risk | the pool, so its fee runs higher than PPLNS |
| Where you meet it | the main scheme at large Bitcoin pools |
What to check when picking an FPPS pool
Compare the bottom-line percentage, not the scheme's name. One pool will list FPPS with a 4 percent fee, another will split the same terms into two smaller lines. Read the fee page to the end, withdrawal charges included.
The fee part of the payout floats with network load, and that is normal. If yesterday's payout was higher than today's at the same hashrate, most likely network fees dipped, not the pool starting to shortchange you.
Example
An Antminer S21 at 200 TH/s on an FPPS pool earns the same base as under PPS, plus a cut of the fees. On a busy day for the network the extra can add a few percent on top, on a quiet one almost nothing. Over a year FPPS usually comes out slightly ahead of plain PPS, because network fees rarely drop to zero.
Related terms
Where to go next on the site
Hardware
- Antminer S21 tool
Coins
- Bitcoin coins
Numbers
Questions and answers
How FPPS differs from PPS
In what the payout includes. PPS pays only for the subsidy, FPPS adds a share of the fees from the block's transactions. At an equal pool fee, FPPS pays more.
Why the payout changes day to day at the same hashrate
The fee part floats: it depends on network load. The subsidy base stays stable and only moves along with difficulty.
Is FPPS better than PPLNS
Over a long stretch they end up close. FPPS gives smooth income and takes a higher cut, PPLNS pays a bit more to those who sit on one pool for months.
How the terms connect
Every link in the chain is clickable. Orange marks where you are now.
Looking for an ASIC miner
The catalog holds 212 models. You can compare them by hashrate and by joules per terahash, then plug your own rate into the calculator and see what stays in your pocket.
Page written and checked by Denys Klimchuk. Updated .