It wouldn't for small miners, you custody their funds until their balance reaches something like 1mil sats right?
We never custody, but you're right below the threshold wouldn't be paid yet. However, a huge reward like this is going to push many more past that threshold
where do the funds lie in the interim? Not sure I understand
If my guess is right, small miners build shares, and when that number crosses a threshold the pool includes the miner in the block reward. That would make sense to me.