Bitcoin Forum

Bitcoin => Pools => Topic started by: Jigor on May 04, 2017, 09:29:30 PM



Title: Did i do good?
Post by: Jigor on May 04, 2017, 09:29:30 PM
Recently started mining about a day ago with a s7. I was mining on Antpool for about a day when i started researching that everyone said that kano.is is way better. I looked at kano.is and saw thats its not as big as antpool, but has better payouts. Does it effect how much i will make if i use a larger pool where blocks are found faster or a smaller pool where they are slower?


Title: Re: Did i do good?
Post by: VRobb on May 04, 2017, 09:33:07 PM
No, it all averages out.  More rewards that are smaller = fewer rewards that are larger.  I've been at kano.is since I started mining.
Plus the miners get the txn fees at Kano, which is not insignificant.


Title: Re: Did i do good?
Post by: kano on May 04, 2017, 10:29:53 PM
Recently started mining about a day ago with a s7. I was mining on Antpool for about a day when i started researching that everyone said that kano.is is way better. I looked at kano.is and saw thats its not as big as antpool, but has better payouts. Does it effect how much i will make if i use a larger pool where blocks are found faster or a smaller pool where they are slower?

No, it all averages out.  More rewards that are smaller = fewer rewards that are larger.  I've been at kano.is since I started mining.
Plus the miners get the txn fees at Kano, which is not insignificant.


To be specific, Bitmain (Antpool) keeps the txn fees which at the moment are over 10% of the block reward.
i.e. mining on Antpool is paying them over 10% in fees - i.e. more than 10 times the fees on my pool.
If you mine PPS on their pools you add about another 3% in fees you are paying them - so yeah they have ridiculously high fees there.


Title: Re: Did i do good?
Post by: wmabern on May 05, 2017, 12:48:41 AM
Recently started mining about a day ago with a s7. I was mining on Antpool for about a day when i started researching that everyone said that kano.is is way better. I looked at kano.is and saw thats its not as big as antpool, but has better payouts. Does it effect how much i will make if i use a larger pool where blocks are found faster or a smaller pool where they are slower?

To paraphrase Goldilocks of "Goldilocks & the Three Bears" fame , "Ahhh, this porridge is just right," she said happily and she ate it all up."

Welcome to Kano pool where more things are "just right".  :D

COMEONBLOCKSSSSSSSSSSSSSSSSSSSSS!!!!!!  ;D ;D ;D ;D ;D ;D ;D