Payouts of 1.0 BTC might be a bit high.
Someone asked 1BTC or once a week (once the credit is a week old? pool credits from the week? dont know), but 1.0BTC has exploded over the last 6 weeks and is about to get a lot higher.
Of course it's an odd thing - soon it will be downright a waste of power and real money to use anything < 10-20MH/s, if it isnt already (unless it's people at work or school leveraging employer's/school's power lol). Im just playing around with BITCOIN and dont have real gear here, a whole 30-35MH/s woot lol. (possibly not economically viable with airconditioning on in the summer...)
If the market keeps climbing like it is, it's quite possible to asymptotically never get paid - until you stop contributing to the pool. That's a strange incentive to provide to pool members - to leave the pool!
Unless it keeps load on the server down by not having to service pissant miners like me - a nice incentive to GTFO and let the big boys do the real work?
Just wondering whats going to happen when the minimum payout of 1.0BTC is on avg 50 6990's running for a month and is worth $1200 USD. (Sorry thats a top of my head guess, i could be off by a magnitude or 3 -- there's some relatively linear range of values for difficulty:$USD exchange rate on mtgox, bitcharts has the data). You get what I mean.
perhaps payouts should be when they're equivalent to one USD according to MTGOX or average of the largest 3-5 exchanges or something.
Feel free to base it on Euros too, or some basket of currencies. Maybe we should base it on the price of oil, since electricity tracks that somewhat too... lol. Economics 101 fun!
really, it should just be based on the current difficulty, relative, say, to what 1 BTC:cur difficulty is right now. (434883, for reference when this topic is another 3-6 weeks old...)