KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks

[clgrissom3]

Block-Block!  This one was by by wmtomlinso with 18THs!  This is his 2nd Kano Block!  Block-Block!

[VRobb]

Nice double block quick hits for the latest installment of our patent pending kano ckpool Block Fridays!! 

[firetreeactual]

Sheesh...sorry I brought up that subject a while back...didn't mean to start a firefight. Thanks for cleaning it up, Kano.

...and we're still mining along. Got the spare S7 to my partner's place and the N300 crapped out so I couldn't get it connected to the main router (needs to be wireless). He's anxious to get on here with us on his own. Another day or two. Imua... 

[hhumaidan]

Ate a double down meal from KFC.

Should that be sufficient for more blocks??!

[rmw85]

Ate a double down meal from KFC.

Should that be sufficient for more blocks??!

Oh it blocks alright. Just not the blocks you want!

[klaufi]

Hey,

Would anyone be willing to do a ELI5 on why i should mine on Kano, instead of Nicehash for example?

I started my two S7's a few days ago on Kano, and they are still there.
A buddy of mine claims that the payout is better at Nicehash,
After reading a lot about pools while waiting for the miners arrived i somehow picked Kano, but honestly i'm not sure why..

Sorry if this doesnt belong here.

[clgrissom3]

Hey,

Would anyone be willing to do a ELI5 on why i should mine on Kano, instead of Nicehash for example?

I started my two S7's a few days ago on Kano, and they are still there.
A buddy of mine claims that the payout is better at Nicehash,
After reading a lot about pools while waiting for the miners arrived i somehow picked Kano, but honestly i'm not sure why..

Sorry if this doesnt belong here.

Here is a post from Kano a while back....basically, we are in a low spot right now but this pool has been historically fantastic at earning miner's money.  Just look at the pool's lifetime of 106.22%...there is no other mining venture that can claim that kind of success.  Also, you cannot find a better pair of operators than Kano and Ckolivas who were the primary developers of cgminer that runs on virtually every piece of mining hardware out there and they are the developers of the CKPool software that this pool runs on.  They are present and transparent which is unheard of in the pool environments elsewhere.

The advantage here is that the expected results are high due to:
1) Pool fee is only 0.9%
2) Reward includes all txn fees, and over the last 100 blocks that has more than covered the pool fee (101% txn fee average)
3) Pool orphans/lost blocks are, currently, 2 out of 463 or 0.43%, and considering our block change times, it seems the actual expected % could even still be lower

Using those 3 numbers you get an expected reward of 101.0% * 99.1% * 99.57% = 99.66%
(completely ignoring block finding luck)

Of course block finding luck is just that, luck, and past luck has no effected on future luck,
however, the fact that we have had, long term, greater than 100% luck means the rather important point, that the pool itself is not at fault causing negative luck
What do I mean by this? Well simply that if we had a year of bad luck (e.g. low 90's%) , it's gonna be pretty hard to explain that with statistics even with a pool the size we've had over the past year (let alone with a larger pool); instead, such long term bad luck would really suggest that there is something wrong with the pool.
However, that hasn't been the case. Not only have we been well above the low 90's% and thus well within acceptable results for luck, we've been above 100%, suggesting quite clearly that there's nothing in the way the pool works holding back luck.

Yes we've had periods of good and bad luck, and as stated before, the effect on rewards of the bad (and good) luck has been reduced by the pool's growth, but even as we have grown, we've seen no problems with luck changing over the month or 2, it's just continued to be random as before, and fortunately, better than expected

[Xircom]

Kano, are you by any chance able to see if we are under false hash attack?
I know its a bald claim, but the way our hash rates behaves it looks very similar to when I was at Slush.CZ.

[clgrissom3]

Kano, are you by any chance able to see if we are under false hash attack?
I know its a bald claim, but the way our hash rates behaves it looks very similar to when I was at Slush.CZ.

We are actually at 100.66% for the month of May...while that's not what we are used to here it's hardly bad luck or an attack.  It's even slightly higher than the expected results for the current difficulty.

[philipma1957]

Kano, are you by any chance able to see if we are under false hash attack?
I know its a bald claim, but the way our hash rates behaves it looks very similar to when I was at Slush.CZ.

We are actually at 100.66% for the month of May...while that's not what we are used to here it's hardly bad luck or an attack.  It's even slightly higher than the expected results for the current difficulty.

look at this set of numbers

Block Statistics

Description   Time   MeanTx%   Diff%   Mean%   CDF[Erl]   Luck%

Last 5 Blocks   1.4days   101.4%   112.96%   112.96%   0.6651   88.53%    too short to mean much

Last 10 Blocks   2.5days   101.5%   97.11%   97.11%   0.5054   102.98%  good
Last 25 Blocks   6.0days   101.7%   94.79%   94.79%   0.4214   105.50%  good
Last 50 Blocks   12.5days   101.5%   90.89%   90.91%   0.2690   110.00%  good

  from 51 to 100 really shit luck happened


Last 100 Blocks   27.8days   101.5%   109.17%   109.80%   0.8372   91.07%



from blocks 101 to 250 luck was very good

Last 250 Blocks   8.4wks   101.3%   93.33%   92.92%   0.1302       107.62%  really good
Last 500 Blocks   19.0wks   101.2%   92.36%   91.30%   0.0234       109.52%  really good

All - Last 923 Blocks   87.1wks   100.9%   93.49%   94.14%   0.0356   106.22% really good.

[Xircom]

It's not due to the luck, but Behavior of hash rate. The trent reminds me of the slush attack.

[klamp]

I think it's more likely the "Chicken's Revenge" 

[wolfen]

Running 28 s7's on my new java proxy. Will see how it does.

[wmabern]

Slightly OT....

The rentals on WH are going crazy!
I started my small 30TH rental pointed at Kano @ .0028 and stopped chasing the price upward just now @ .0032. Lots of people renting 100's and even 1,000's of miners all the way up to .0042!! Crazy.

I quit. Just gonna let my order sink along with my 5N 

BTW, anyone know if the top miner - at 11 PH - is a rental or a farm? Just curious.

Let's find some blocks!!!

[clgrissom3]

Slightly OT....

The rentals on WH are going crazy!
I started my small 30TH rental pointed at Kano @ .0028 and stopped chasing the price upward just now @ .0032. Lots of people renting 100's and even 1,000's of miners all the way up to .0042!! Crazy.

I quit. Just gonna let my order sink along with my 5N 

BTW, anyone know if the top miner - at 11 PH - is a rental or a farm? Just curious.

Let's find some blocks!!!

Kano posted a couple of days ago that that it appears to be hardware...at least when he was at 6PH.

[wmabern]

Thanks. Wasn't sure if it was the same BTC address.

Wish I had a farm and cheap free electricity! LOL

[kano]

It's not due to the luck, but Behavior of hash rate. The trent reminds me of the slush attack.

I run a luck report, and a (no longer manual) analysis of that report, every time before I complete processing payouts ... i.e. average a bit more than once a day.

The cause of the problem at Slush would show up here LONG before any single miner got to anywhere near the problem that occurred there (thanks to organofcorti's brilliant analysis of the simple way to spot such a problem)

Though there is still more development I'm doing on the analysis process, I see no pattern to the luck vs hash rate
(... and cringe every time I look at those two very short, but very unlucky, bad luck streaks of 4 and 5 blocks close together at the end of April and start of May ... ...)

[clgrissom3]

I've always thought it would be cool to have a property with a grain mill run by a water wheel.  I would take out the mill stones and put in a giant generator that would be driven by the water wheel...there were several of these mills back home where I grew up.  Free electricity (after the generator paid for itself) and I could get off the grid!

[cavaliersrus]

Slightly OT....

The rentals on WH are going crazy!
I started my small 30TH rental pointed at Kano @ .0028 and stopped chasing the price upward just now @ .0032. Lots of people renting 100's and even 1,000's of miners all the way up to .0042!! Crazy.

I quit. Just gonna let my order sink along with my 5N 

BTW, anyone know if the top miner - at 11 PH - is a rental or a farm? Just curious.

Let's find some blocks!!!

mines been at .0028 im not taking it any higher its been offline for about 4-5 hours

[wmabern]

Slightly OT....

The rentals on WH are going crazy!
I started my small 30TH rental pointed at Kano @ .0028 and stopped chasing the price upward just now @ .0032. Lots of people renting 100's and even 1,000's of miners all the way up to .0042!! Crazy.

I quit. Just gonna let my order sink along with my 5N 

BTW, anyone know if the top miner - at 11 PH - is a rental or a farm? Just curious.

Let's find some blocks!!!

mines been at .0028 im not taking it any higher its been offline for about 4-5 hours

I'm taking mine back down to .0028 also and just let it sit. Maybe it will get some action overnight once some of the BTC's are burned up.
I normally don't go as high as .0032, but just wanted to add 30TH to my three S7's in hopes of a weekend run.
Oh well, I'm currently blasting away @ 13.81 TH
I can smell my block from here!