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Poll
Question: Do you mine at antpool or kano.is pool?  (Voting closed: February 06, 2016, 10:15:23 PM)
antpool - 3 (4.6%)
kano.is pool - 52 (80%)
both - 4 (6.2%)
neither - 6 (9.2%)
Total Voters: 65

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Author Topic: Lifetime pool luck for antpool vs kano.is or why aren't you mining with kano.is  (Read 16273 times)
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philipma1957
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January 23, 2016, 10:15:23 PM
 #1

I quoted this post and I am asking based on math below why don't you mine at kano.is pool


People are kind of oblivious, everyone flock to the bigger agglomeration, its a survival instinct. By default the miners are set to Antpool, too and then they advertise 0% fee. So people thing the less = better. But Antpool keep the txfee, so the fee is much higher than Kano's 0.9%.

The other thing is that Bitmain might be keeping a lot of S7 for themselves. It would be rather profitable for them to do so.

Antpoool last month Luck

24 Hours       3 Day         1 Week       2 Weeks       1 Month 
106.00%     108.00%     111.00%     107.00%     103.00%

https://www.antpool.com/poolStats.htm

and it claims lifetime to be 100%  lets say that is true

kano.io claims lifetime to be 104.33%  lets say that is true.




so an antpool miner that earns 100 coins before fees before fees =  97.5 coins  after 2.5 % fee and no transaction fees  so total of 97.5 coins
a miner that mined with kano  would be getting 104.33 coins = 103.39 coins after .9% fee    and about 4 blocks worths of fees say 1 more coin 104.39 coins


so a big time miner not in China    is getting 97.5 coins after fees at antpool  and a bigtime miner with kano would be getting 104.39 coins


  So I get if you are in China why mining at antpool makes sense due to firewall issue.     but 97.5 coins vs 104.39 coins  no contest where anyone should mine.




I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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philipma1957
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January 23, 2016, 10:22:13 PM
 #2

here is luck chart for antpool


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
philipma1957
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January 23, 2016, 10:23:48 PM
 #3

here is luck chart for antpool in a second color




and here is kano.is luck chart.


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
philipma1957
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January 23, 2016, 10:41:43 PM
 #4

So antpool = 100% lifetime


Kano = 104.33 % lifetime.


fee for antpool is 2.5% so if you would have earned 100 coins after fees you get 97.5 coins.


and no transaction fees  or 97.5 coins


Same guy at kano  earns 104.33 coins  due to better kano luck  pays .9%   and has 103.39 coins

and gets fees for around four blocks  which is now about 1 maybe 1.2 coins   so 104.39 to 104.59 coins at kano


We all know if you are in China  firewall kind of sticks you inside China pools  but lots of us are outside China  and what the fuck are we doing if we are not mining at kano.is


Let me tell you a thing about luck that many here do not understand.

it does not even out to 100% in the real world of btc mining.


 Why is that?  Well  lets pretend that antpool used dial up for internet service and kano.is uses  a fast provider like Verizon.

Any one could see kano.is would have better luck then antpool  since dial up is slow as shit compared to fiber optics.

And kano would have 120% luck with antpool doing 75% luck

Not the case of course since antpool has life time luck of 100% and kano.is has lifetime luck of 104.33 %

But kano.is is a master coder and one of the prime developers of cgminer {-ck has done a lot of work at it.}.  So of all the people in the world whom do you think has the best chance of writing the best code.

So I ask why are you mining at the wrong pool?

All miners in China are more likely to do this simply do to connection issues.  what about the rest of us? why not mine at kano.is










I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
aarons6
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January 23, 2016, 10:50:43 PM
 #5

dont forget that antpool keeps the tx fees.. so their "fee" is actually higher..

0% fees and PPLNS earnings. (The tx fee is not paid out to miners for maintaining cost and the bonus for our engineers.)

philipma1957
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January 23, 2016, 11:03:24 PM
 #6

dont forget that antpool keeps the tx fees.. so their "fee" is actually higher..

0% fees and PPLNS earnings. (The tx fee is not paid out to miners for maintaining cost and the bonus for our engineers.)


look close i put in a number for that in the post above.

the math is stunning anyone that can connect well to kano and use antpool instead is tossing away a ton of money

@ all forum members if you see a flaw with my math please post.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 23, 2016, 11:14:50 PM
 #7

Kano all the way. Antpoo/Bitmain tech deserves none of my money.

Go Big or Go Home.
DevonMiner
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January 23, 2016, 11:15:01 PM
 #8

kano.is has been a long known gem for the few, but not the many since it started. Propogation of the fact is spreading recently however.

 Grin

 



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January 23, 2016, 11:23:51 PM
 #9

dont forget that antpool keeps the tx fees.. so their "fee" is actually higher..

0% fees and PPLNS earnings. (The tx fee is not paid out to miners for maintaining cost and the bonus for our engineers.)


look close i put in a number for that in the post above.

the math is stunning anyone that can connect well to kano and use antpool instead is tossing away a ton of money

@ all forum members if you see a flaw with my math please post.

Phil I read on a thread just recently that was about the decentralization of mining.  One comment was that when bitmain sells to large customers part of the deal for lower price is that they must point the hw to  Antpool. I don't know if there is any credibility to this but I wouldn't be surprised considering the loss that is occurring with 200 peta.  But like I also think that most is bitmain internal hash on antpool.  I feel Kano is a good representation just how much hash is in is little guys:)

Edit maybe we need to post about it on 8btc I think it is. Also bitmain talk;) hehe
Best regards
D57heinz

As in nature, all is ebb and tide, all is wave motion, so it seems that in all branches of industry, alternating currents - electric wave motion - will have the sway. ~Nikola Tesla~
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January 23, 2016, 11:29:31 PM
 #10

I honestly don't know why anyone would mine to a shit Chinese pool like antpoo or f2p when you have the choice of mining to a pool like kano.is. Guess stupidity and or ignorance are to blame.
philipma1957
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January 23, 2016, 11:32:33 PM
 #11

kano.is has been a long known gem for the few, but not the many since it started. Propogation of the fact is spreading recently however.

 Grin

 





i have a degree in accounting and frankly the math is amazing in favor of kano

104.3  to 97.5   is big difference .  while people love to site luck going level to 100%


that should only be true with perfect    equal pool software/hardware/internet  for every pool in the network.

so a pool with better software hardware or internet can do 100 % + a little more for the life of the pool.


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
philipma1957
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January 23, 2016, 11:49:05 PM
Last edit: January 24, 2016, 01:17:06 AM by -ck
 #12

dont forget that antpool keeps the tx fees.. so their "fee" is actually higher..

0% fees and PPLNS earnings. (The tx fee is not paid out to miners for maintaining cost and the bonus for our engineers.)


look close i put in a number for that in the post above.

the math is stunning anyone that can connect well to kano and use antpool instead is tossing away a ton of money

@ all forum members if you see a flaw with my math please post.

Phil I read on a thread just recently that was about the decentralization of mining.  One comment was that when bitmain sells to large customers part of the deal for lower price is that they must point the hw to  Antpool. I don't know if there is any credibility to this but I wouldn't be surprised considering the loss that is occurring with 200 peta.  But like I also think that most is bitmain internal hash on antpool.  I feel Kano is a good representation just how much hash is in is little guys:)

Edit maybe we need to post about it on 8btc I think it is. Also bitmain talk;) hehe
Best regards
D57heinz


here is f2pool payout for 1 day about 814 coins __________________________________________________

 note it is much longer I had to cut it off at 0.3 btc since 64000 is limit

 https://blockchain.info/tx/92088fe6b9d9c9db84d26481b80104f8ca566649a656b7aa3e67432b346cbf1c

Code:
3EUC1DfLuBw6Quk9uqud6MDkZwGL2x4DQF 45.8052362 BTC
34GL44eQLCwsxXmfEDFZGeKWwxCF2KT5Sq 14.64571276 BTC
1EQkvn9h9fGJwr5pBneohDsKZ5Vhbz1TPB 13.51675455 BTC
1C41DVZY4r1nyyXK6cdEpPxKi5ouuiry4n 8.62960852 BTC
14ywCzmKfhXXTSnRFfsPzw1pdAahV7yhYR 7.91707559 BTC
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MOD EDIT: Put payment in code tags




I cut it here due to size limits  there are 10x the miners below the .3 btc cut off  

I am trying to see if I can get this for antpool.


I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 24, 2016, 01:08:19 AM
 #13

I didn't know or read about kano.is until late December. Since then I pointed my 35 or so TH at the pool. To be honest first week or so at Kano threw me off since the pool was smaller (7 or 8 TH) and 5ND was longer, it was a few small dust payments at the beginning but it paid off once I reached 5ND. Good to see people are realizing how good this pool is, it's better late then never.

For quality risers, splitters or 133 CFM fans, please visit my eBay listings,
http://www.ebay.com/sch/hawkfish007/m.html?_ipg=50&_sop=12&_rdc=1
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January 24, 2016, 01:20:55 AM
 #14

I didn't know or read about kano.is until late December. Since then I pointed my 35 or so TH at the pool. To be honest first week or so at Kano threw me off since the pool was smaller (7 or 8 TH) and 5ND was longer, it was a few small dust payments at the beginning but it paid off once I reached 5ND. Good to see people are realizing how good this pool is, it's better late then never.

This pool should be at 50 to 75 ph right now as I type.

The only reason it is not that high is people have not sat down and done the math.

I will be doing comparison to f2pool next month and I already know Kano.is smacks that pool down even harder the. It does to ant pool.

People need to understand that to beat the 104.33 % lifetime luck of Kano.is ant pool would need to do

106.5% life time luck not the 100% luck it does now .

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 24, 2016, 05:04:33 AM
 #15

Found Kano at the end of Nov (came from slush) and it became very obvious very fast how superior it was to anything else

NXS is on the move!   Come subscribe to our subreddit  https://www.reddit.com/r/nexusearth/
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January 24, 2016, 05:50:25 AM
 #16

Found Kano at the end of Nov (came from slush) and it became very obvious very fast how superior it was to anything else

people think that the network pool luck behaves like a clean coin toss with a coin.

the truth is that network luck is simply not equal due to software of the pool, hardware of the pool, finally network connections to the pool.

so my proposal is kano.is is at a life time 104.33 because it has better pool setup then antpool.

further more antpool does a moron idea to speed up like empty blocks.

causes less fees for them and actual lets kano.is earn bigger fees which kano.is gives to the miner.

104.5  coins vs 97.5 coins are the lifetime stats.

big difference for a big miner.

me i mine around 2 coins a month so i may be at 25 coins a year vs 24 coins a year.

I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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January 24, 2016, 06:43:55 AM
Last edit: January 24, 2016, 07:34:11 AM by Biodom
 #17

two possibilities:

1. Luck is not really luck, but something else. To me it is starting to look this way, especially since some pools have luck that is so low that it shouldn't be happening at all.

2. It is still just tossing of the coin and all major pools have similar professionalism. 104% number is skewed by 200% in the beginning and in October-November there was a stretch of pretty dismal luck. So, luck was ~70% on a Oct3-Nov28 stretch-was it a less awesome connection, software, etc., then?
Maybe not, and it was just randomness at play. If this is true, this pool's luck will fluctuate around 100% long term.

make your pick, but I kind of know what you would say already.

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January 24, 2016, 07:14:57 AM
 #18

everyone talk about luck, well i know something about that-been working in casino industry nearly 2 decades.
ive done tons of analisys of probability, counting of possibility of losing/wining,house edge etc.
Luck does exist but.....
If you are newbie in casino , you are counting purely on luck and that is it.
But if you know something about the game-sections, neighbour bets etc ,you can increase your luck and minimize your loss.
Same in btc world-if your pool is set up properly(or better, like kano`s) you have bit more chance to find block than the others.
Kano`s pool better luck comes not only from pure luck, but from better settings, constant working with problems etc, its called human factor, and Kano and CK are those factors increasing our luck by implementing their knowledge.

Yes,It is so simple.

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January 24, 2016, 07:26:09 AM
 #19

everyone talk about luck, well i know something about that-been working in casino industry nearly 2 decades.
ive done tons of analisys of probability, counting of possibility of losing/wining,house edge etc.
Luck does exist but.....
If you are newbie in casino , you are counting purely on luck and that is it.
But if you know something about the game-sections, neighbour bets etc ,you can increase your luck and minimize your loss.
Same in btc world-if your pool is set up properly(or better, like kano`s) you have bit more chance to find block than the others.
Kano`s pool better luck comes not only from pure luck, but from better settings, constant working with problems etc, its called human factor, and Kano and CK are those factors increasing our luck by implementing their knowledge.

Yes,It is so simple.

very true, but only LONG TERM. They were also working just as hard in Oct-Nov with 70% luck then.
That said, I think that they proved themselves already many times over, so call me an optimist.
Of course, any trend reverses for you as soon as you join in...
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January 24, 2016, 10:02:35 AM
 #20

I 100% love mining at Kano.is, simply an amazing pool. I too dont understand why more people dont mine here, but hopefully this thread will help shed positive light on the pool and bring more users. I love watching the pool grow more each day!
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