So ive been trying to game out and think this through myself.

So im thinking it could go something like this

*im retarded so anything i think is literally irrelevant and in no way probably right*

As hash price continues its inevitable trend downward. As it will do so with each halving more miners are going to want more consistent payouts( this model i believe would only be Sustainable in a market where subsidy is larger, as it get smaller this would play out) miners are going to flock to pools that use this scheme. Almost parasitic of sorts (they only care about the payout nothing else) it will centralize mining, but in this way we know cheap power is in no way centralized. So having a centralized pool paying out alot of payments to ever increasing more participants i believe this is going to make it ever more increasing burden on the pool doing so. Think of this scheme AS some sort of UBI. We know these models can never be sustained. As economics has shown us.

Idk what else this could do, do miners try to bleed dry the sugar pool bank rolling everyone? Or is this going to be forever into the one pool to rule them all? Self interest is going to happen but as economics has shown us anytime any type of monopoly has been created the monopoly will use its power negatively in some way that will create the situation to arbitrage the monopoly and benefit in dping so. What is going to be the vector that creates the arbitrage? Im still trying to flesh out the ideas in my head, but with everything thats been going on ive been mulling it over more and more.

But what do i know im an idiot.