How NoxHash Calculates Your BTC Earnings — The FPPS Formula Explained
Learn exactly how NoxHash calculates daily Bitcoin payouts using the FPPS formula — with a worked example, FPPS vs PPS vs PPLNS comparison, and why it matters.
FPPS (Full Pay Per Share) is the payout model NoxHash uses to pay your Bitcoin earnings every minute. It pays you a steady, predictable share of the block reward and transaction fees based on the hashrate you rent — regardless of whether our pool actually finds a block that day. Stable income, no luck factor.
What "FPPS" Actually Means
FPPS stands for Full Pay Per Share. It is a mining pool payout model where the pool pays miners a guaranteed fixed amount for every valid "share" of work they submit — regardless of whether the pool itself finds a block that day. The word "full" is the key detail: unlike older PPS, FPPS pays both the block subsidy (currently 3.125 BTC per block after the April 2024 halving) and the average transaction fees included in each block.
For you as a NoxHash renter, this translates into a simple promise: your earnings reflect the network's average output, not the pool's short-term luck. If Bitcoin's network produces 450 BTC across 144 blocks today, FPPS pays you your proportional slice of that 450 BTC based on the hashrate you rent — even if our specific pool happened to find zero blocks in the last 24 hours.
Steady daily income
No "unlucky week" where the pool finds zero blocks and you earn nothing. FPPS smooths out variance completely.
Transaction fees included
You earn your share of mempool fees too — a meaningful boost when the network is busy or post-halving.
Pool luck is the pool's problem
The pool absorbs the variance. You get paid on expected output, calculated from real network data.
The FPPS Formula — Broken Down Piece by Piece
Here is the exact formula NoxHash uses to compute how much BTC you earn each day. Don't let the math intimidate you — every term maps to something measurable, and we'll walk through each one.
daily_btc = (your_hashrate / network_hashrate) × (block_subsidy + avg_tx_fees) × 144 × (1 − pool_fee)
Each term in plain English:
| Term | What it means | Typical value (2026) |
|---|---|---|
| your_hashrate | The TH/s you rent. Fixed by your plan. | 50–1,000 TH/s (tier-based) |
| network_hashrate | Total Bitcoin hashrate worldwide. Grows over time. | ~800–900 EH/s |
| block_subsidy | New BTC minted per block. Halves every 4 years. | 3.125 BTC (post-April 2024 halving) |
| avg_tx_fees | Mempool fees collected per block. Varies with network demand. | ~0.05–0.3 BTC/block |
| 144 | Blocks per day, fixed by Bitcoin's 10-minute target. | Constant |
| pool_fee | Pool's cut. Already absorbed by NoxHash — not deducted again from you. | 1–2% |
For live values of network hashrate, difficulty, and average transaction fees, you can cross-check against the public dashboards on mempool.space mining data — an independent, open-source Bitcoin explorer that tracks the same metrics our pools report.
Worked Example — A Pro Tier Miner (350 TH/s)
Let's plug in real 2026 numbers for a renter using a single Pro Miner (350 TH/s, $100/month). This is the middle-weight plan that most users land on after the free trial.
Inputs
- your_hashrate = 350 TH/s = 0.00035 EH/s
- network_hashrate = 850 EH/s (mid-range 2026)
- block_subsidy = 3.125 BTC
- avg_tx_fees = 0.15 BTC per block (illustrative)
- 144 blocks/day
- pool_fee = already absorbed in the rental price
Step-by-step math
- Your share of the network:
0.00035 / 850 = 4.12 × 10⁻⁷ - Total reward per block:
3.125 + 0.15 = 3.275 BTC - Network BTC/day:
3.275 × 144 = 471.6 BTC - Your slice:
4.12 × 10⁻⁷ × 471.6 ≈ 0.000194 BTC/day
Result
≈ 0.000194 BTC/day → ~0.0058 BTC/month
At a reference BTC price of $95,000, that's approximately $551/month gross from the Pro Miner — before rental cost ($100) and the 1.5% withdrawal fee. Real results depend on live network conditions.
Two things worth flagging in that example. First, the transaction fee component matters — at 0.15 BTC/block, fees add about 4.8% to your gross. When the mempool is congested, this can spike much higher. Second, the network hashrate keeps growing, so your slice of the pie shrinks gradually over the rental period. This is why we include realistic, conservative assumptions rather than selling best-case numbers.
See the FPPS formula working on your own dashboard
You've seen the math. Create an account, activate the free 2-day Basic Miner trial, and watch FPPS credit real BTC to your balance every minute — using the exact formula we just walked through.
FPPS vs PPS vs PPLNS — Why NoxHash Chose FPPS
There are three dominant payout models in Bitcoin mining, each with different trade-offs between stability, total payout, and risk. For cloud mining renters — who pay a fixed USD cost and need to forecast ROI — stability matters more than squeezing every last satoshi. Here's how the three compare.
| Factor | FPPS (NoxHash) | PPS | PPLNS |
|---|---|---|---|
| Block subsidy paid? | Yes | Yes | Yes (when block found) |
| Transaction fees paid? | Yes — the "full" in FPPS | No | Yes (when block found) |
| Payout variance | Very low — fixed | Low | High — luck-based |
| Who bears pool-luck risk? | Pool | Pool | Miner |
| Typical pool fee | 1–2% | 2–4% | 0–1% |
| Best suited for | Cloud renters who need predictable ROI | Cautious miners OK with lower yield | Large solo miners chasing max upside |
For a NoxHash user renting for 1–24 months at a fixed USD price, PPLNS would be a bad fit — a string of unlucky weeks could leave you unable to cover the rental cost. FPPS eliminates that risk entirely by decoupling your income from our pool's block-finding luck.
Why Transaction Fees Will Matter More Every Halving
Here's a detail most cloud mining guides skip. Bitcoin halves the block subsidy every ~4 years: 6.25 BTC → 3.125 BTC (April 2024) → 1.5625 BTC (~2028) → 0.78125 BTC (~2032). The subsidy is trending to zero over time by design.
Transaction fees, however, are not halved — they scale with network demand. As the subsidy shrinks each cycle, the fee component of each block becomes a larger percentage of total miner revenue. Pools that only pay PPS (subsidy only, no fees) will quietly underpay their miners more and more with every halving.
FPPS captures fee upside
When the mempool spikes (ordinals, ETF flows, bull markets), fees can briefly exceed the block subsidy. FPPS passes that directly to you.
Future-proof your payouts
After the 2028 halving, fee revenue could approach half of total mining income. FPPS is the model designed for that reality.
Pool fee is already priced in
The 1–2% our pools charge is absorbed in NoxHash's operating costs. We don't deduct it from your payouts a second time.
Transparent on-chain data
Every input to the FPPS formula (hashrate, subsidy, fees) is publicly verifiable on-chain. No trust in a black box required.
Frequently Asked Questions
Does NoxHash deduct the pool fee from my earnings?
No. The 1–2% pool fee is part of our operating cost, included in the monthly rental price. Your dashboard shows gross BTC credited per minute based on the full FPPS formula. The only fee applied to you directly is the 1.5% withdrawal fee when moving BTC off-platform.
Why does my daily payout drop even though my hashrate didn't change?
Your hashrate is fixed, but the network's total hashrate grows roughly 10–30% per year as new ASICs come online. Since the formula divides yours by the network's, a growing denominator shrinks your slice. Transaction fee levels also fluctuate daily with mempool demand.
Is FPPS guaranteed to pay more than PPS or PPLNS over time?
FPPS consistently beats PPS because it adds transaction fees on top of the subsidy. Versus PPLNS, FPPS usually wins on average due to lower variance, though a lucky PPLNS run can briefly outpay it. For fixed-cost rental users, FPPS's predictability is worth more than PPLNS's occasional upside.
How often are FPPS payouts credited to my NoxHash balance?
Every minute. Your wallet balance increments continuously as our miners submit shares, so you can watch BTC accumulate in near-real-time on the dashboard. There's no daily settlement delay or batch payout — once credited, BTC is yours and can be withdrawn (subject to the 0.00001 BTC minimum).
Can I verify the FPPS math myself?
Yes. Pull the live network hashrate, subsidy, and average block fees from any public Bitcoin explorer. Plug your rented hashrate into the formula. The result should closely match your 24-hour dashboard payout, minus minor second-to-second variance in mempool fee levels.
Not financial advice
The worked example and numbers in this guide are illustrative only. Actual Bitcoin earnings depend on live network hashrate, difficulty, transaction fee levels, and BTC market price — all of which change constantly and can move significantly against you. Past results do not guarantee future performance, and renting at a high BTC price near a market peak carries real loss risk. Only invest funds you can afford to lose, and consult a local tax advisor about crypto income in your jurisdiction.