Thanks for the explanation. Wow 5000 shares a second, that brings up a question. At some point will this number get so high that a minimum difficulty be set on the miner's side so so much traffic isn't being sent?
I've long argued that all pools, not just Eligius, should increase their global minimum difficulty.
At some point, in my opinion, permitting difficulty-1 shares is not helpful because it does not provide feedback to end-line miners that the overall network difficulty is increasing. CPU miners should be met with slowly increasing pool difficulty, just like the global bitcoin difficulty increases over time.
Slow, inefficient miners need that economic feedback from the system.
I will probably start off by increasing the global minimum difficulty to 2 soon.
