The battles are scheduled at regular intervals, regardless of the number of submissions. When battle takes place, the warriors fight their neighbours and move up or down the ranks depending on the number of wins or losses.
The hill is unlimited in size. LP and '94 Standard warriors can be submitted to the same hill. The battle settings are decided from the warriors'
Apparently, the system is similar to the rankings used in Japanese Sumo. To find out more, visit the DynaHill FAQ.