I'll be putting up a poll this week on the BTC Guild website to see what the users want:
A) Payout Change
1) Proportional
2) SMPPS
3) PPLNS
4) Straight PPS [will require a much larger fee due to risk]
I say use the KISS method (Keep It Simple Stupid). Straight Proportional w/2% fee and PPS.
These other payment methods seem to try to reduce flexibility of the miner and are hard to verify. But of course I haven't seen a good explanation of them either.
Sam
They make the pool less attractive to pool hoppers and trust me people are hopping the living shit out of BTC-Guild. You short blocks get split many way and your long blocks get split few ways. If you tallied your total shares contributed and total earnings you will find you made significantly less than "expected value".
That's all well and good. But what is the exact explanation as to what these payment methods are? All I ever hear anyone saying is the N stands for the amount of time you are in that round. How is that variable measured?
I have a non dedicated machine with a low end GPU mining 24/7 and the pools often say the miner is not active because it may not submit a share for 2 or 3 minutes, just now it took 10 minutes to submit shares but it is still churning away at 34.5Mhs. So do I get dinged for that? do I get banned for pool hopping?
I think we needlessly over complicate things sometimes. I'll just wait to see what Eleuthria's explanation is when he posts his poll, I guess.
Sam