If the pool mines 1000shares and I mined 10shares and the pool get one block I get: 10/1000*50BTC= 0.50BTC???
^^^^ or is that proportional lol
No this is proportional. SMPPS would pay 50BTC(10/difficulty) as long as there are enough funds available to cover the payments. You're right to say in the long run they both work out to be the same but the future of bitcoins cannot be predicted.
Now I get it! so SMPPS and PPS is I get same amount of BTC regardless of short or long round.
So my miners get same amount regardless of short round or long round for the work done?
other words 100h of work is 100h work regardless of round length, only thing is 10shares/difficulty, incase there is not pool funds it is transfered to next round regardless if I mine next round.
In proportional pools the miners get "happy" everytime there is a short round because they spent few mhash for getting BTC while "sad" in a long round.
-------------------------------Is this correct:
PPS an SMPPS example: difficulty is 1000shares, I have mined 100shares, the pool has mined 4000shares and 3 blocks.
Pool got unlucky because neutral result is 4 blocks.
100shares is 0.1block= 5BTC, the Pool only collected 75% so from this round I get: 3/4*5= 3BTC +3/4BTC now.
Next round all the miners of that round get their BTC, hopefuly for it is good round so there is leftover BTC so that I get some of the rest of the 1/4 that I missed on unlucky round(1/4*5=5/4 BTC).
It seems to me that both are different formulas to same goal: you get what you mined.
The difference is that PROP works individial rounds, you get lucky and mine in short rounds you make more BTC on average than other miners in other pools or rounds make for each share.
While in SMPPS and PPS you hope the pool collect one block for less shares than the difficulty level.