Due to large losses, I cannot run the Goldcoin pool as a PPS pool anymore.
STARTING 7/15 this pool will change over to Proportional with a 1.5% feeUnfortunately it looks like I have lost about 120K GLD since the PPS mine opened.
The amount of miners and hash rate is just too low to support a PPS pool.
I will reconsider changing back to PPS when Goldcoin has grown enough to support a PPS pool.
Nobody will need to do anything, I will just switch the payout method to Proportional and it will be transparent. No need to re-register, the balances in your accounts will remain.
There will be 5 confirms to payout, just to ensure pay out does not occur on a orphan block.