100% PPS means that you get paid for 100% of hashrate in your cabinet. As you can see in demo-account (login / password: test / test) calculations is simple:
YOUR DAILY HASHRATE * ALGO PRICE = DAILY PAYMENT (The sum on your wallet is the same as the sum in the cabinet)
100% PPS means (again as I stated) you are currently charging about a 1% fee (which also is too low for a PPS pool to not go bankrupt)
You need to use the PPLNS reward method to be able to get zero fee.
I 've double checked the calculations of Meni Rosenfeld (by November 17, 2011). Really cool work -- I think every miner should read it before connecting his rigs to any pool.
First of all, he wrote this paper in 2011 when on SHA256 alogo was not so many coins and as was said in introductions "In this paper we describe the various scoring systems used to calculate rewards of participants
in Bitcoin pooled mining".
Therefore, if you want to calculate the probability of the collapse of my pool or conditions sufficient for its existence, you must take into account the market indicators of all coins for SHA256. If there are scientific works on this topic, then I will gladly read it, because I searched a lot and had to use materials from related topics such as economics for myself.
Incorrect.The size of the pool is completely unrelated to the sufficient conditions.
If you have PPS BTC miners on your pool, it will go broke - simple fact.
If you don't have BTC miners on your pool then move this to the altcoin area of the forum.
As the simplest example of how that can happen.
If your first BTC block is 300% difficulty (probability 1 in 20.1 blocks being 300% or worse) you will need to pay out 37.7 BTC before you get any mined BTC.
i.e. your pool will need about $127,000 dollars to be able to afford to pay your miners if you get a 300% block.
There is no guarantee that you will ever recover that $127,000 from the BTC mining, that's the risk of running a PPS pool and why you need a wallet balance of
4316.875 BTC (with your 1% fee)