# Announcement About New Payment Mode of BTC: PPLNS

Dear Users,

In order to diversify miner’s payment mode needs, we are so happy to announce that SpiderPool’s BTC mining pool has added a PPLNS payment mode. The specific information is as follows:&#x20;

Payment Mode: PPLNS (Pay Per Last N Shares).

Mining Fee: 2%<br>

What is PPLNS?&#x20;

Rewards are calculated based on the pool’s actual block discovery, divided among miners according to their share contributions over the last N shares. Earnings are subject to the pool's luck and may fluctuate.Overall in the long run, PPLNS will have higher actual income due to lower rates.

New users will be automatically set to the PPLNS model by default, if you wish to switch to a different model, please send a request to our official email(<support@spiderpool.com>). Thank you for your continued support and trust! If you have any questions or suggestions, please feel free to contact our customer service team.

Sincerely,

&#x20;The SpiderPool Team

<br>


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