Post
Topic
Board Pools
Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread)
by
un_ordinateur
on 24/07/2014, 15:12:08 UTC
Ok, I may have answered a lot of questions on this forum, but I have one now.

It has been often said on this forum that because of the orphaned block, the pool payout to miners converges to about 97% PPS, instead of 100%.

Therefore, if blocks were -never- orphaned, the payout would converge to 100% PPS. However, it is my understanding that when a block is orphaned, the pool (and the Bitcoin Network) act as if that block had never existed.

Therefore, I do not see how it makes a difference to the payout value that some block are orphaned, since acting as if it had never existed, is the same as if no block was ever orphaned, no?