Quote from: un_ordinateur on July 24, 2014, 03:12:08 PM

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?

This pool is a PPS variation so it rewards (block reward / estimated # of shares per block) to every share, the estimated # of shares block, depends on the pool dificulty and the network difficulty but it does not takes into account the orphans.
So when a block found by the pool is orphaned the rewards of that block and the next one, should be the half of a normal block to avoid that 1-2% of global bad luck/shelved shares (in the case of double orphan it should be 1/3, etc.)

Anyway global variance seems to affect a lot more than the orphans, since April my account have been at least twice at 100% of rewarded shares even with the block withholding issue we had a couple of months ago and I am right now at 98.8% with this week bad luck.