PoW (Proof-of-Work)
Consensus mechanism requiring computational work to secure the network (used by Bitcoin).
Related terms
POS
Proof of Stake; consensus mechanism selecting block producers based on staked coins.
PPLNS (Pay Per Last N Shares)
Pool payout method rewarding miners based on shares contributed after a block is found.
PPS (Pay-Per-Share)
Pool payout method paying fixed rate per valid share regardless of block luck.
PSU
Power Supply Unit delivering electricity to mining hardware.
Payback Period
Time required for mining revenue to recover initial hardware cost.
Power Rate
Electricity cost per kWh, a primary operating expense in mining.
Every Day You Wait is Revenue You Lose
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