FPPS — Full Pay Per Share
Updated October 2026
What Is FPPS?
Full Pay Per Share (FPPS) is an enhanced version of PPS where miners receive a fixed payout for shares on both the block reward and transaction fees. The pool calculates a theoretical average transaction fee over a recent period and includes that in the fixed per-share rate.
With standard PPS, you typically only get the block reward portion. Transaction fees — which can represent 10-30% of total miner income on busy networks like Bitcoin — are kept by the pool or distributed separately. FPPS fixes this by paying you for tx fees upfront, just like the block reward.
How FPPS Works
1The pool monitors the average transaction fee per block over a rolling window (e.g., the last 24 hours).
2It calculates a theoretical total reward per block = block reward + average tx fees.
3This theoretical reward is converted into a fixed per-share payout rate.
4You get paid this fixed rate for every share, regardless of actual block findings.
5If actual tx fees are higher than average, the pool profits. If lower, the pool absorbs the loss.
FPPS vs PPS vs PPS+
| Feature | PPS | PPS+ | FPPS |
|---|---|---|---|
| Block reward | Fixed | Fixed | Fixed |
| Tx fees | Usually no | Proportional | Fixed |
| Income stability | High | High | Highest |
| Typical fee | 2-4% | 2-3% | 3-4% |
FPPS Pros & Cons
Pros
- Maximum income stability — block reward + tx fees both fixed
- No need to monitor pool luck or block frequency
- You capture tx fee value even during low-activity periods
- Predictable cash flow for electricity and hosting costs
Cons
- Highest pool fees (3-4%)
- If actual tx fees spike above average, the pool keeps the surplus
- Pool needs very large reserves to sustain unlucky streaks
- Fewer pools offer FPPS compared to PPS or PPLNS
FPPS Pool Examples
| Pool | Fee | Scheme |
|---|---|---|
| Binance Pool | 4.0% | FPPS |
| Braiins Pool | 0.0% | FPPS |
| CloverPool | 0.0% | FPPS |
| Foundry USA Pool | 0.0% | FPPS |
| global.l6pool.com | 1.0% | FPPS |
FAQ
About FPPS payouts
What is FPPS in mining pools?
FPPS (Full Pay Per Share) is an enhanced PPS scheme where miners receive fixed payouts for both block rewards AND transaction fees. The pool calculates a theoretical average transaction fee and includes it in the fixed per-share rate, giving miners the most stable income of any scheme.
What is the difference between FPPS and PPS?
PPS pays a fixed rate based only on block rewards. FPPS pays a fixed rate based on block rewards PLUS transaction fees. With FPPS, you capture tx fee value even when network activity is low, but you pay higher pool fees (3-4%) for this stability.
Why are FPPS fees the highest?
FPPS fees are highest (3-4%) because the pool operator takes on maximum risk. They must guarantee fixed payments for both block rewards AND transaction fees, which requires large reserves and sophisticated risk management. If actual tx fees drop below the theoretical average, the pool loses money.
Who should use FPPS?
FPPS is best for miners who prioritize maximum income stability above all else. If you need predictable cash flow to cover fixed costs like electricity, hosting, and loan payments, FPPS removes almost all variance risk — at the cost of higher fees.
