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Mining
Earnings
How are Earnings calculated?
Binance
2020-03-24 11:19

Currently, the Binance Mining Pool uses the FPPS Settlement Model that assumes the Luck Value of completed blocks so the workers do not have to. Theoretically, Earnings and Transaction Fees are distributed to workers based on hash rate. The Settlement Calculation Method is as follows:

FPPS = Theoretical Average Daily Settlement Earnings * (1 + Transaction Fee Rate) * (1 - Mining Pool Fee Rate)

The theoretical Earnings and Transaction Fee Rates for the day can be found in the Block Explorer in the average Block Transaction Fee Rate for the current settlement period.

The Mining Pool Fee Rate is 2.5%.


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