Right now, the main distribution modes are PPS, PPLNS, PPS+, FPPS, SOLO, let's take a look at their related introductions.
PPS (Pay Per Share): Based on the ratio of the effective workload submitted by the mining machine to the difficulty of the entire network, the mining pool will deduct the mining pool mining fees from the sum of the theoretical block rewards of the mining pool, and then settle with the miners. This fee rate model allows the mining pool to take greater risks, but it can guarantee the stable income of the miners. Even if the mining pool does not explode for a whole day, the miners can still get the corresponding income.
PPLNS (Pay Per Last N Share): According to the ratio of the effective workload submitted by the mining machine to the difficulty of the entire network, the mining pool will deduct the mining handling fee from the actual sum of the block rewards in the mining pool and settle with the miners. Under this fee rate model, the income of miners has closely related to the actual number of blocks exploded in the mining pool.
PPS+: This is a combination of PPS and PPLNS rate models, which is, the Coinbase reward for exploded blocks is settled by PPS according to the theoretical number of exploded blocks in the mining pool, and the miner's fee/transaction fee is based on the miners obtained by the actual exploded block of the mining pool. Fees are settled in accordance with PPLNS.
FPPS: Full PPS. The theoretical block rewards of the mining pool and theoretical miner fees/gas fees for the past period of time are all settled in accordance with PPS.
SOLO: Under this settlement method, all the profits are distributed to the miner who digs the block. Other miners do not participate in the distribution. The mining pool charges a certain fee for the operation and maintenance of the mining pool. The SOLO model is relatively rare, and its chances of gaining revenue are comparable to winning the lottery.