(also saying 11 TH/s isn't a lot sure sounds crazy given what hashrates were 2 years ago...)
Yeah, it wasn't too many years ago the entire network was 11Ths. |
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The problem is the payout system...PPLNS is far too risky for any serious pro-miner...regardless of size.
There is a very good reason why BTC is by far the largest pool in the world...
One must acknowledge that their PPS payment plays a significant role in that success.
Pools switched to PPLNS because of miner demand. PPS pools will always go bankrupt, it is an inevitable outcome. Unless you own ASIC miner factory, I guess. |
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Thanks for it, sorry about this post.
No problem just move it to the "Alternate Cryptocurrencies" or "Other CPU/GPU" section. |
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user: my wallet
Does "my wallet" mean your Bitcoin Address? |
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Hi, i hope that someone can help me. I am sorry i am a newbie.
I mined in kanopool, i have earned near 0.02 btc but i never recived one payment.
Please can someone help me?
Thank you very much!
You haven't given any details, so there is no way to know what your issue is. But maybe it's related to this earlier post? https://bitcointalk.org/index.php?topic=789369.msg30311506#msg30311506 |
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Since I'm new to Kano, I wanted to find out what the average bitcoin payout has been over the last month or so. I'm trying out Kano based on all the reviews, however I'm used to somewhat instantaneous results with other pools showing their payout rates and paying out every few days. I understand the premise of Kano being smaller but with bigger rewards per miner, but I'm curious what the historical payout rate has been.
Sounds like your used to PPS, Pay Per Share, Pools. This pool is PPLNS, that is a major difference so you'll need to study on that. PPS has a flat rate regardless of luck. PPLNS is luck based. So if the pool has really good luck you can get paid allot more, the flip side, of course, if luck is bad then you can get paid less. Over long periods of time you'll be allot better off here. PPS pools have a habit of going broke due to bad luck and leaving people unpaid when that happens. That won't happen here. What they are leaving out is how small the pool got in the last few months.. which really screws up balance. One day of a big pool = 2 or 3 months here. That wasn't the case until recently... So one bad day at a big pool means come back in 3 to 4 days to see if it evens out.. but here, you have to come back about 9 months from now just to see if the 'luck works out' for a similar dataset If you don't think that means anything, then I guess you think every 38 spins of a roulette wheel will always pick all the numbers once. That is the mentality here that 'luck evens out' even with a tiny pool. yup.... Pool size has nothing to do with Luck. It has to do with how many shares are submitted before a block is found. |
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Since I'm new to Kano, I wanted to find out what the average bitcoin payout has been over the last month or so. I'm trying out Kano based on all the reviews, however I'm used to somewhat instantaneous results with other pools showing their payout rates and paying out every few days. I understand the premise of Kano being smaller but with bigger rewards per miner, but I'm curious what the historical payout rate has been.
Sounds like your used to PPS, Pay Per Share, Pools. This pool is PPLNS, that is a major difference so you'll need to study on that. PPS has a flat rate regardless of luck. PPLNS is luck based. So if the pool has really good luck you can get paid allot more, the flip side, of course, if luck is bad then you can get paid less. Over long periods of time you'll be allot better off here. PPS pools have a habit of going broke due to bad luck and leaving people unpaid when that happens. That won't happen here. |
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but I got fucked very bad by PPLNS at Kano and can't risk the variance from tiny pools.
Ironic, since it's the miners that demanded PPLNS type payout systems. |
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why not do a marketing push
Why? Why not just concentrate on making the best pool possible and let the chips fall where they may? Kano seems to be an Means Justifies the Ends type person. There aren't enough of those around these days. |
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I just connected to kano pool this morning about 12 hours ago, running Ebit E9+ and hshing steadily at about 9.3+ TH/s.
These are my numbers (rewards) below:-
Worker Name: Work Diff :Last Share Shares :Diff :Share Rate ĢElapsed :Invalid Block % :Hash Rate
xxxxxx.worker 7.380k 1s 21,984 168,874,973 9.59THs 1m 16s 0.128% 0.001% 9.55THs
Total: 1 (1 active workers) 21,984 168,874,973 9.59THs 0.128% 0.001% 9.55THs
Are these numbers correct? Seems like half of what I got from slushpool for 12 hours of mining.
Can advise please?
It takes time to populate open shifts with shares on this pool. Slush, I believe, populates shifts very quickly which means the depopulate very quickly as well, meaning that yoiu have a higher chance of shares not being paid at all. This pool has a long period of open shifts, 5 Times Difficulty, which means that you have a much lower chance of shares not being paid. So once your 5 times difficulty of shifts is populated with shares you will see normal payouts. When you stop mining you will continue to get paid for your open shifts until your 5ND is fully depopulated. |
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I noticed that KanoPool has a default stratum difficulty of 4089, and my Avalon6 recently dropped down to 2689.
Any idea why? Is this a bad thing? Should I restart it?
The pool adjusts the difficulty to achieve 18 shares per minute, whether the adjustment is up or down. It's normal. |
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I am running a blizzard, and as I understand it, it should be about 6 GPU's. I have been running a week now, but it seems I am about another 3 weeks before I hit the pay out threshold. (currently at .00103....)
Am I wasting my time and spinning my wheels?
Yes you are spinning your wheels. Bitcoin difficulty has been way too high, for about 5 years now, to mine with GPU's. Please read the forum rules which explains this. https://bitcointalk.org/index.php?topic=2415854.msg24714338#msg24714338 |
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