PoW (Proof-of-Work)

PoW (Proof-of-Work)

Consensus mechanism requiring computational work to secure the network (used by Bitcoin).

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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.

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