PEGA Pool introduces FPPS payout model for Bitcoin miners
PEGA Pool, the UK eco-friendly bitcoin mining pool, has recently announced the official launch of their platform and the introduction of their Full Payment Per Share (FPPS) payout model for bitcoin miners. Aside from being one of the highest paying pools, PEGA Pool helps offset miners’ carbon emissions by planting trees. The high payout structure and environmental friendliness sets PEGA Pool apart from other mining pools.
As a UK bitcoin mining pool, PEGA Pool is the only one of its kind, offering the world a trusted and reliable mining pool built by miners. PEGA Pool is dedicated to reducing bitcoin mining’s carbon footprint and creating a more sustainable industry. They have a highly skilled team of experts who work together to ensure that they always provide the best quality mining pool, as well as incentivize their clients to make a positive difference and support them in their mission.
The company was built by longtime bitcoin miners who knew that in addition to environmental friendliness, something had to change economically if the industry was to reach its full potential. As a result, the company uses the FPPS payout model, which means miners are paid for each share they contribute to the pool, regardless of whether a block is found or not. This payout model differs from other pools that use the Pay Per Share (PPS) model, which only pays out when a block is found. Using the FPPS model, PEGA Pool ensures that miners are paid for their contributions to the network, even if they do not see a block.
PEGA Pool’s full-pay-per-share model encourages miners to switch to renewable energy sources and is one of the highest paying Bitcoin mining pools for revenue per terahash. The platform is open to all bitcoin mining customers, regardless of their energy source. Renewable energy mining clients are not only rewarded for having a positive impact on the environment, but they pay 50% lower pool fees. For fossil fuel miners, PEGA Pool uses a portion of their pool fees to plant trees to partially offset their carbon footprint.
PEGA Pool is a company that cares, listens and acts, and in doing so sets an example for other mining pools to follow. They are not just another mining pool; they are a pool built by miners, for miners, with a focus on sustainability and fair payment. Their FPPS payout model is just one example of how they put their customers first and ensure they get paid for their contributions to the network, even if they don’t see a block. And proof of their commitment to the environment is proven by the fact that they have planted over 208,074 trees, resulting in an annual offset of 5,558 tons of carbon dioxide. PEGA Pool is the future of bitcoin mining and an organization whose potential is untapped.
The McClatchy newsroom and editorial staff were not involved in the creation of this content.
