Show Posts
Rewards are (of course) each block.
Payouts are each block you earn over dust (0.0001 BTC)
The dust (below 0.0001 BTC) gathers until ... some time in the future.
A small PPLNS pool (like we currently are) has high variance.
A PPLNS pool rewards based on ALL the income of the pool.
Here it's 99.1% of the income - i.e. pool fee is 0.9%
A PPS pool rewards based on ... whatever they decide ... but if they aren't charging you 3% or more in fees, then they have a risk of going broke.
Payouts are each block you earn over dust (0.0001 BTC)
The dust (below 0.0001 BTC) gathers until ... some time in the future.
A small PPLNS pool (like we currently are) has high variance.
A PPLNS pool rewards based on ALL the income of the pool.
Here it's 99.1% of the income - i.e. pool fee is 0.9%
A PPS pool rewards based on ... whatever they decide ... but if they aren't charging you 3% or more in fees, then they have a risk of going broke.
I've read through this thread several times now...and I really want to join Kano. Unfortunately, I need to pay bills regularly
I do have some ideas for the pool's growth though:
1. Focus on the smaller guys! (specifically S9 owners)
2. Explain PPLNS payout & Ramps using 1x S9's hashrate as an example - show graphs/time needed etc.
3. Maybe half the ramp to 2.5Nd? Waiting +-3months for full payout is brutal)
4. Cancel the large miner's BTC reward (not really working + the big fish seem to leave after getting the reward anyway)
5. Use the saved coins to payout all dust bunnies asap & in future (see point 1)
6. Use the saved coins to also hire a website designer (Kano.is seriously needs some love)
7. Lower fees to 0.5% (can be raised again when the pool is larger & regularly finding blocks)...people obviously aren't willing to jump ship for 1.1% saving vs Slush
Kind regards,
Cjs
