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621  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: December 09, 2015, 10:07:45 PM
does the 5N starts all over again if you leave for couple of hours & back or it's pro rated ?

The 5Nd never starts or stops, it is continuous.
It is always the number of shares in 5 times the network difficulty before the currently found block.

Your payout is based on your percentage of those shares submitted.

If you stop mining you stop submitting shares, but everyone else keeps submitting, therefore your percentage goes down.
622  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: December 09, 2015, 08:08:36 PM
I am seeing a lot of new users here asking/talking about the 5 times Network Difficulty.
I am going to try to explain and simplify it:

Let us pretend that the current difficulty is 1000.  Cheesy
Then that means we should expect that 1 in every 1000 shares submitted would solve a block.
If we solve a block on the 1000 share, then we would have solved it at 100%

With a PPLNS structured payout each block found gets payed out based on the LNS (Last N Shares) in this case the N = 5. So in our example the LNS = 5 x 1000 = 5000 shares.

If you just started with the pool and we found a block on the 1000th share (100%) and you had submitted 10 shares, you would not receive payout of 10/1000 = 1% of the block because the payout takes into account the LNS, so your payout would be 10/5000 = 0.2%

Now lets say we find another block on the 1000th share and you submitted another 10 shares, again you won't get the 1% but instead you will get 20/5000 = 0.4% so you get paid for the previous shares submitted as well.

Now lets get wild and say we just found our 5th block on the 1000th share (5 in a row at 100%) and you submitted 10 shares each block, your total would be 50 and total shares would be 5000 so 50/5000 = 1% now you have reach the full "ramp up" and are getting full payout.

This is what ends up working out great if we find blocks more often than 100%, you have the potential of getting your shares paid more times.

Example continued: Lets say you have been mining with us for a long time (your fully "ramped up") and we find 4 blocks at 100% and 2 at 50%, that gives us the total 5Nd of 5000 shares, but we found 6 blocks. You have submitted your usually 50 shares during that time so you are at 50/5000 = 1%, but now so now you are getting 1% of 6 blocks instead of 1% of 5, but you have not submitted any more shares.

This is what we are talking about with the 5Nd, you won't be getting full payout until you have been mining here for the duration of the 5Nd. You will still get paid for all shares submitted and those shares are not getting paid any less, and if the pool is lucky you get paid more.

I know a lot of us like to mention this because people tend to join CKPool then they see their first payout and think "Wow this pool pays awful, I'm leaving", but then when they leave they should still see payments coming in and in the end they probably got just as much as they would have somewhere else, and if the pool was on a luck streak even more.

Hopefully that helps, anyone please feel free to correct me on anything or fill in with something I missed.

I think this may have been my longest post ever.  Grin

edit: I just looked at the "Shifts" page on Kano.is and we are currently sitting at getting paid 8 times for some shares! Everyone keep eating chicken!
623  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: December 08, 2015, 09:47:24 PM
now a block yeah ?

Always thinking that!  Cheesy
624  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: December 08, 2015, 08:30:41 PM
thx zach. pic is clearer now. couple of hours now. let's see how it goes when a block comes.

will be mining here for couple of days or longer.

Just remember your payouts will be much lower until you have been mining for the full 5Nd (currently around 5 days).
And when (if  Wink ) you leave you will keep getting paid for blocks after you leave, as long as the shares you submitted are within the 5Nd window.
625  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: December 08, 2015, 07:06:35 PM
what's the avg payout per th/s after fees ?

http://ckpoolmonitor.zachmonroe.com/

Keep in mind that chart assumes you have already reached 5Nd at that point. It is also a very rough estimation.

Here are some of my rewards vs what that chart shows:



As you can see the actual varies substantially. If the pool hash rate was more consistent it would be more accurate.

Edit: Added image with more information
626  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: November 18, 2015, 01:52:00 AM
thank you sir may I have another

Yes!  Cheesy
627  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 17, 2015, 01:46:34 PM
Difficult to believe that we have yet another variant of the S7. Not sure that I can make much more sense of this one the the previous batches.
Back to the tight spec on the PSU and they have upped the default frequency. I can only think that they have done a rev on the BM1385 or are selecting?

I also can't make the numbers add up.

4860GH/s / 600MHz = 8.1 * 650MHz = 5265GH/s not 5060GH/s


Rich


Number 10 on the list of Specifications

Default Frequency = 625 Mhz
628  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: November 12, 2015, 06:30:40 PM
Dont worry, you will get your payment.

And your payouts will "ramp up" until you have been mining for the full 500%
629  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: November 09, 2015, 09:58:09 PM
I figured by now they would have assumed I am growing pot and blown the door in at 5: AM.

"They" don't look for high power usage, "they" look for cyclic power use that is commensurate with growing cycles (i.e. 12 hours on/12 hours off).  So as long as you don't turn your miners off at night you should not draw "their" attention.

I mine 9-12 hours every day 10pm-7am
(9 hrs, but longer if I'm slow to get around to walking down to the garage basement to switch them off ... which is common)
* kano wonders when "they'll" arrive


I'm pretty sure the only way anyone would be able to see the cyclic power use would be if you have a "smart" meter.
630  Other / Off-topic / Re: 0.5 BTC reward - smart enough to tell me what is wrong with this book cover? on: November 03, 2015, 07:58:14 PM
Creative answers but no correct one so far.

They used ants instead of a honeybadger.



This is very close in the concept.. but no cigar
As said above, it should be an Alpaca. Or a pair of alpaca socks, or at least the BTC symbol.
631  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: November 03, 2015, 07:03:04 PM
Did anyone actually receive compensation for the batch 1 delay?

Nope, nothing yet. I'm curious how long Bitmain will try to wait.
Unfortunately the higher the price goes the less BTC they will refund with because they are calculating with USD.
632  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: November 02, 2015, 08:32:15 PM
Boom!  Grin

Things are slowly getting back on track.
633  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: November 02, 2015, 01:03:14 AM
Finally, one under 100!  Grin
634  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: October 27, 2015, 03:05:16 PM
Alright I'm officially up and running on the pool!

Welcome aboard!

If you want you can track your hash rate here: http://ckpoolmonitor.zachmonroe.com/

It has the following features:
- Hash rate tracking
- Block found notification
- Low Hash rate notification
- Dropped worker notification
635  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: October 25, 2015, 04:03:30 PM
I cheer the block (and wipe away my tears when seeing the reward for all these hours of electricity...)

Your not done being rewarded for them yet! The advantage of 500N!  Grin

That is our first block since I plugged in my S7's.
636  Economy / Collectibles / Re: [WTS] 2oz .999 Silver NastyFans Minted Seats (Gold Version 14/25 Left) on: October 24, 2015, 06:07:03 PM
Yeah, that looks good!
637  Economy / Collectibles / Re: [WTS] 2oz .999 Silver NastyFans Minted Seats (Gold Version 14/25 Left) on: October 23, 2015, 08:29:14 PM
I was hoping there would be more gold highlight on the front.  Not sure where it would go based on the design.

I was worried that too much gold would take away from the beauty of the silver coin.  I could see if it is possible to add more gold around the NastyMining on the front like the green is on the below logo.  Is more gold something people want to see?



Yes, I think that would look good on the front, and do either the "Two Minted Seats" or the address on the back.
638  Economy / Securities / Re: [NastyFans.org] NASTY MINING | POOL | COINS on: October 23, 2015, 08:21:47 PM
Here's the first graphic of the 2oz gold highlighted coins.  The design isn't finalized yet, but the final product will be very similar.  Check out the 2oz coin thread to get all the details on this coin: https://bitcointalk.org/index.php?topic=1199731.0



I love the one on the right! I think partially because of the color, as opposed to being sort of bland.

The images are the two sides of the same coin.
The color is the hologram sticker covering the private key.
639  Other / Archival / Re: . on: October 23, 2015, 07:15:32 PM
Added some great storage cubes.

Thanks Smiley

I'll take the cubes. PM sent.
640  Bitcoin / Pools / Re: [2900 TH] Kano CKPool (kano.is) from the cgminer devs [0.9% PPLNS] on: October 23, 2015, 03:59:03 PM
I just looked through the last couple days on the thread and figured out the problem.

Nobody has mentioned chicken since the last block was found!  Cheesy

I'll eat chicken today.  Grin
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