PEGA Pool Introduces FPPS Payout Model for Bitcoin Miners
PEGA Pool, the British 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. Apart 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 set PEGA Pool apart from other mining pools.
As a British bitcoin mining pool, PEGA Pool is the only one of its kind, offering the world a trustworthy 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 working together to ensure that they always provide the best quality mining pool, as well as provide their clients with incentives to make a positive difference and support them in their mission.
The company was built by long-time bitcoin miners who knew that in addition to eco-friendliness, something had to change financially if the industry reached its full potential. As a result, the company uses the FPPS payout model, which means miners are paid for every share they contribute to the pool, regardless of whether or not a block is found. 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 don’t see a block.
PEGA Pool’s full-pay-per-share model incentivizes miners to switch to renewable energy sources and is one of the highest-paying Bitcoin mining pools for revenue per tera hash. The platform is open to all bitcoin mining clients, regardless of their energy source. Clients mining with renewable energy are not only rewarded for positively making an impact on the environment, but they pay 50% lower pool fees. For those mining with fossil fuel sources, 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 so doing, is setting 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 are putting their clients first and ensuring that they are paid for their contributions to the network, even if they don’t see a block. And proof of their commitment to the environment is evidenced by the fact that they have planted over 208,074 trees, resulting in a yearly offset of 5,558 tons of carbon dioxide. PEGA Pool is the future of bitcoin mining and an organization whose potential is untapped.
McClatchy newsroom and editorial staff were not involved in the creation of this content.
