Could someone explain the round shares and how it works?
From what I gather it is your round share at the time of discovery is your cut?
Yes..
roundshares, or as I prefer to call it: N on pplNs (pay-per-last-N-shares), decides how much you get on a block.
for N = 3000, you have to find at least 1 share from the last 3000 shares, to get your rewards, in this case 1 share means 1/3000=0.0333333%. and more if you get more shares, accordingly.
for N = 100000, similar thing happen.
The thing is, 1 block difficulty is only about N=60000, right now. So there is quite a big possibility, that you get rewarded by the same shares you have been rewarded before on the previous block.
We just need to make it faster, to get faster rewards.
if you have 100 MH/s on current 50GH, your proportional rewards should be 0.2%.
But on N = 100000, your reward on the first block will be your shares/60000, and the next is, (some of your previously rewarded shares + shares on current 60000)/100000, and so on.
There is a window before block difficulty equals to N=100k, until you get similar to prop, but without the pool-hopper negative effect.
Because nicehash or several big miner visits the pool and your round share going down to 0,01%
But the situation what happens on this pool is profitable for nicehash and pool ONLY!