Could you elaborate on this? I mean what form of PPS are you implementing? And what do you mean you will forward the Hashpower to a different pool instead?

But don't you know how many pools have shut down recently due to bad luck and PPS, no seriously DON'T DO STRAIGHT PPS. I want your pool to last, Eligius's system is really the only kind of PPS that can last pretty much indefinitely without bankrupting you or ripping off your miners.
Don't be fooled into thinking that people will run to you as soon as you get PPS. If you all of a sudden get popular, hit a bad round, go into debt for several hundred bitcoins. Then you basically will never recover with standard PPS method. PPS is essentially roulette where you (the pool operator) are the gambler and the player is the house.
I mean look at MTRed which required 120 blocks to go out before it payed its PPS and it still went out of business, Ozcoin is currently out of commission and removed their PPS because it was killing them. There are so many dead pools because of PPS, I mean even BitPenny (which invented PPS) died because of its usage of PPS.
Edit: One last note, your server load is at 1% with only 4500MH/s ie 4.5GH/s which means you would cap out at ~45GH/s so I suggest you upgrade your servers.

Hmm I realized that if you end up using the Eligius system that you might as well just use it for everyone or else it will cause either  the pplns to be weird or the hashpacks to be weird.

Cool thanks for the reply also I added a last part about the PPS system

I had an idea about how to handle the hashpacks to make the system simpler and faster for everyone. Essentially you buy the machines in as much as you need to fulfill orders for now however moving forward I suggest this plan. Only purchase units that produce 50GH (or more if possible), instead of selling people their own personal units just sell them a percentage of the shares generated, proportional to how much they payed for their hashpack IE
I buy a 5GH, instead of you buying specifically just 1 5GH and handling that, just sell me 5GH worth of shares from the 50GH. If there are any GH left over you keep them for the pool to pay off electricity and buying more hashpacks. This way you can handle not dealing with the long shipping times and still supply people with what they payed for. Furthermore if you buy larger supplies of 50GH (or whatever is max) you will save on money per gigahash and space and electricity thus making it more profitable, efficient and faster for everyone involved.
Now obviously if someone orders a 50GH for themselves this is less profitable for you as a pool in one sense as you can't split it out to a variety of people and you need to order a whole nother unit for them, however you could allocate left over space from various other units IE the shares for those units. Actually if you are just selling the shares then you can just sell anything in between 10MH-50GH as you aren't giving them the literal device which makes for more efficient management of units. You can effectively just count all of the shares generated by your units, calculate how much GH went into making it, lets say per 6-24 hours then pay out to everyone who bought a hashpack based on the GH they purchased sort of like a stock rather than purchasing an actual unit. Again this provides for much more efficient handling of the units as you can buy in bulk, split it into much smaller sub divisions and make the most efficient usage of your hashrate/shares produced. You can also allow people to sell back their share of the hashrate which would be based on how you wanted to handle that personally. Either way I would love to see you implement the system I devised above.
Edit: One more note, for the sake of sustaining your pool I suggest you shift from PPS for the hashpacks to Eligius's Capped PPS with Recent Backpay in order to never accidentally drive yourself out of business by having to pay the overhead of 100's of GH of PPS which don't necessarily guarantee a block as fast as you would like, you can then lower the fee down to like 1-2% as you don't need the fee to cover potentially bad rounds.

Hey pkarc is there a reason you haven't been responding in the mining pools thread? Just wondering cause you have been active in this one but not your other for some reason.

I have a suggestion, you might want to make the jackpot optional IE charge like a base 2.5-3% and then have the option to enable being enrolled in the jackpot for another 1% that way if people want to just use your great stats and hashpack services without paying extra for the potential jackpot they can and that should encourage faster miners to join who don't necessarily gain from paying extra just for a chance at 2btc where they could earn that themselves faster if the fee was lower.
Just a thought.

So I just joined and was interested in the hashpacks and am wondering how quick I will be given them if I were to purchase one? I am ready to buy some however until I get some info I am just gonna mine with my computer.
Edit: One other thing to consider, you might have nobody mining in your pool as you have one of the highest pplns fees I have seen. Might wanna try more like %3 or %3.5 or preferably %2.5.

Ok cool just checking.
BTW you should probably make your own thread.

So how exactly are payouts done? Is it the standard p2p 24hour average of the hashrate? Or is it DGM or PPLNS? I assume its not proportional.
Or do you essentially just collect the pay from P2Pool as if the pool were one unit and then distribute the pay based on effort or some form like that?

Count me in, I can dedicate my 0.5 GH/s to this cause.
Edit: Cool #6 locally

The reason I brought up coinbase is that once you link it to your bank account which takes between 2-3 days you can then make purchases instantly without havign to hassle about doing other shady stuff. The only down side is that you have to wait for the transaction to go through, which can take several days in order to get your bitcoins, though they lock the price to whatever you payed so there isnt any price fluctuation weirdness. The other thing about coinbase is that you can also sell bitcoins and have them directly deposit the money into your bank again with a wait but they typically just give you all the money you spent/earned on Friday though they do take the bitcoins while the transaction goes through, either way it is a good service that I have made a couple hundred dollars off of and they dont really charge much of a fee. You can buy bitcoins on coinbase and send them to other wallets or services like mtgox btw and vice versa to cash them out.

Coinbase is pretty nice, I started using it a week ago.

Guys you know that panic selling caused the massive windfall right? You are literally talking metagame about panic selling...

Have you tried using a real miner like BFGminer or CGminer?

hohoho and miss out on a potentially sweet payout? Fat chance

I wanted to post in the alt currency forum so I can get me some free ripples which seem ridiculous.

hello, I am a miner, have been for about half a year, recently bought a BFL little single, really hope that works out.
Recently got into selling bitcoins that I had been accumulating.
Trying to figure out how to buy on mtgox though from the looks of it that site is kinda crappy to be honest.

Butterflylabs has produced and shipped products before and they will do it again, they aren't a scam, they have an office and people actually building things in it...
though I believe this to be true, I mainly just want this to be true so that my $700 purchase will not be in vain.