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Author Topic: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG  (Read 5130916 times)
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The Yorkshire Pudd
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February 04, 2017, 08:17:58 PM
 #23621

Our luck is too low this month. Below 80%, and it keeps decreasing. I saw on antpool, some more than 1,000% luck. Whatis the key of luck?

You need to understand the benefits on mining on a smaller pool versus mining on a mega-pool like ant or f2

It's sort of like being a medium fish in a small pond versus being a very tiny fish in a huge pond.

On a smaller pool, the pool will find less blocks than a mega-pool. But instead of splitting the pool block reward with 700+ people, like on Kano, on ant you will have to split that reward with - I don't know 100,000 or more people.

I'm just pulling number out of thin air here, but if your hash rate earns you $1.00 per block on Kano, that same hash rate might only earn you $0.10 on antpoo. So even with more blocks found, you are still earning much less. And the important part: Tx FEE'S...

You MUST take into consideration that ant does not share the transaction fees with the miners. They keep them for themselves. Sometimes these fees are an extra full Bitcoin or more that is supposed to be shared among the miners. On Kano's pool you get those extra transaction fees on ant you get nothing. (Also the fees to mine on ant are more when all is said a done.)

Okay, that's the last time I'm explaining this for at least another 6 months. LOL  Grin Grin Grin Grin
Mine on!!


You have got to look at the bigger picture and consider the pool is running at 102% luck since it started.  Generally it all averages out. 

What you have to be careful of is how silly short term luck is represented.  Example is that now we have found 4 blocks but our expected is 4.28.   Well you can't find .28 of a block so our luck looks bad.  However if we find another block again fast the luck shoots above 100% and dies down again as time lapses to the point of the expectation exceeding the found blocks again. 

It all averages out in the end.  It's nice to get excited seeing 180% luck or whatever but you then expect that you aren't gunna be hitting again for a while. I believe a part of this is why this pool is set up on the 5rnd reward system really to stop the luck jumpers.  It's not roulette, there is no wonky table with a scewed lucky result.  Just grab ur pick axes and stick with the gang for the bants n gold. 

Hi everyone by the way.  My 1st post lol I've been quietly here mining a couple of weeks.   
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firetreeactual
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February 04, 2017, 08:27:42 PM
 #23622

Yup. You put it pretty well.


To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
clgrissom3
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February 04, 2017, 10:10:56 PM
 #23623

That block hit on the juvia shift...where is citronick and his Lucky Juvia machines! Grin

Something about this "juvia" shift?

Last 3 blocks were juvia - and of the last 7 blocks, 4 were juvia?


Citronic used to swear by juvia shift luck...he even named most of his machines with juvia someway.  I think he just liked the looks of that anime character.  I know luck is not predictable but we do seem to get lots of blocks in the juvia shift. Grin  I just think of him and his machines whenever I see a juvia block come along.

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
kano
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February 05, 2017, 12:12:56 AM
 #23624

...
It all averages out in the end.  It's nice to get excited seeing 180% luck or whatever but you then expect that you aren't gunna be hitting again for a while. I believe a part of this is why this pool is set up on the 5rnd reward system really to stop the luck jumpers.  It's not roulette, there is no wonky table with a scewed lucky result.  Just grab ur pick axes and stick with the gang for the bants n gold. 
...
What the 5Nd does is reduce variance.

Instead of each share averaging getting one payout per block, they average to get 1/5 payout for 5 blocks.
Thus if over the next 5Nd after a share is submitted, we find 5 blocks, then the share will be rewarded it's expected value.

Variance on 5 blocks in 5Nd is of course lower than 1 block in 1Nd

The statistically expected effect of 5Nd on long term miners is the same as the expected effect on hoppers.

The perceived effect on hoppers is that you are less likely to miss getting a reward since your hop mining is still spread out over 5Nd.
Of course it doesn't mean you expect to get more reward, just less often get 'no reward' for shares submitted when hopping.

If the 5Nd was instead 1Nd, when you hop you still expect the same reward, but more often you'll get no reward, but conversely more often you'll get a higher than expected reward.
It still all averages out.

... and you can't game it Cheesy

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
usukan
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February 05, 2017, 08:09:41 AM
 #23625

That block hit on the juvia shift...where is citronick and his Lucky Juvia machines! Grin

Something about this "juvia" shift?

Last 3 blocks were juvia - and of the last 7 blocks, 4 were juvia?


Citronic used to swear by juvia shift luck...he even named most of his machines with juvia someway.  I think he just liked the looks of that anime character.  I know luck is not predictable but we do seem to get lots of blocks in the juvia shift. Grin  I just think of him and his machines whenever I see a juvia block come along.

Yeah - I miss Citronick

hes off doing X11 Asics and Pascal



                                                   
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[/
citronick
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February 05, 2017, 12:44:03 PM
 #23626

That block hit on the juvia shift...where is citronick and his Lucky Juvia machines! Grin

Something about this "juvia" shift?

Last 3 blocks were juvia - and of the last 7 blocks, 4 were juvia?


Citronic used to swear by juvia shift luck...he even named most of his machines with juvia someway.  I think he just liked the looks of that anime character.  I know luck is not predictable but we do seem to get lots of blocks in the juvia shift. Grin  I just think of him and his machines whenever I see a juvia block come along.

Yeah - I miss Citronick

hes off doing X11 Asics and Pascal



Just dropping in to say hello since Juvia is the topic of the moment here  Cheesy
WOW ... Amazing Juvia block streaks!
But Kano is right, no way to rig Juvia here, luck is luck and randomly so.

My group's mining operations still heavily invested in BTC, and doing not bad, thanks to a stronger BTC.
108 x S9-B1s (Summer-Juvia Farm), 120 x A721 (Winter-Gray Farm), and upcoming Avalon farm (codename: Autumn...)

I would love to move the 2+PH farm to kano pool, but the decision is not solely mine alone, and my other investors have a say in their pool of choice. My group's "balanced portfolio" apart from Poloniex BTC & Alt trading, 30% of mining operations are on AMD GPU, X11 and Scrypt ASIC farms... the rest are BTC farm hosted at Labrador - cheap hydro power and coldest place on earth.

Kano and solo.ckpool has many sentimental moments for me - my first Kano block in Juvia shift.... and then 1st solo block (25BTC those days). Learnt many things from Kano and CK, and kano members, made many friends here too - I am in deep gratitude to all of them for teaching me the finer aspects of Bitcoin and the blockchain.

Cheers!
Citronick


If I provided you good and useful info or just bring a smile to your day, consider sending me merit points to further validate this Bitcointalk account.
clgrissom3
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February 05, 2017, 01:58:59 PM
 #23627

It's good to see you drop in from time to time.  Set aside an A7 to point here so you will visit more often! Cheesy

We would love to see Spring, Summer, and Fall Juvia!  Grin

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
firetreeactual
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February 05, 2017, 04:10:25 PM
 #23628

That block hit on the juvia shift...where is citronick and his Lucky Juvia machines! Grin

Something about this "juvia" shift?

Last 3 blocks were juvia - and of the last 7 blocks, 4 were juvia?


Citronic used to swear by juvia shift luck...he even named most of his machines with juvia someway.  I think he just liked the looks of that anime character.  I know luck is not predictable but we do seem to get lots of blocks in the juvia shift. Grin  I just think of him and his machines whenever I see a juvia block come along.

Yeah - I miss Citronick

hes off doing X11 Asics and Pascal



Just dropping in to say hello since Juvia is the topic of the moment here  Cheesy
WOW ... Amazing Juvia block streaks!
But Kano is right, no way to rig Juvia here, luck is luck and randomly so.

My group's mining operations still heavily invested in BTC, and doing not bad, thanks to a stronger BTC.
108 x S9-B1s (Summer-Juvia Farm), 120 x A721 (Winter-Gray Farm), and upcoming Avalon farm (codename: Autumn...)

I would love to move the 2+PH farm to kano pool, but the decision is not solely mine alone, and my other investors have a say in their pool of choice. My group's "balanced portfolio" apart from Poloniex BTC & Alt trading, 30% of mining operations are on AMD GPU, X11 and Scrypt ASIC farms... the rest are BTC farm hosted at Labrador - cheap hydro power and coldest place on earth.

Kano and solo.ckpool has many sentimental moments for me - my first Kano block in Juvia shift.... and then 1st solo block (25BTC those days). Learnt many things from Kano and CK, and kano members, made many friends here too - I am in deep gratitude to all of them for teaching me the finer aspects of Bitcoin and the blockchain.

Cheers!
Citronick


Been missing you. Would hope your principals might "see the light," but since I also have another principal...even in my tiny op...I do understand. Keep the shiny side up.  Kiss

EDIT: And I echo your sentiments on how much can be learned here, and the nature of the group.

To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
clgrissom3
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February 05, 2017, 05:32:19 PM
 #23629

Block by blockmines!  This is your 13th Kano block and our 1st of Superbowl Sunday!  Cheesy

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
bit2255
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February 05, 2017, 05:43:43 PM
 #23630

Block by blockmines!  This is your 13th Kano block and our 1st of Superbowl Sunday!  Cheesy

You mean 'SuperBlock" Sunday??   Cheesy
philipma1957
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Avalon 841 rocks


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February 05, 2017, 08:28:16 PM
 #23631

Block by blockmines!  This is your 13th Kano block and our 1st of Superbowl Sunday!  Cheesy

You mean 'SuperBlock" Sunday??   Cheesy

Thats right man. 

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
clgrissom3
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February 05, 2017, 09:29:04 PM
 #23632

Block by wetsuit!  This is your 4th Kano block and our 2nd of Superbowl Sunday!  Cheesy Cheesy

EDIT:  Big fat transaction fees in this one!  Cheesy

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
kano
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February 05, 2017, 09:29:20 PM
 #23633

Block! by wetsuit Smiley
S9v2 Smiley

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
NomadGroup
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February 05, 2017, 09:54:20 PM
 #23634

Yep another FATTY today!  Great!   Grin
kano
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February 06, 2017, 01:50:55 AM
 #23635

... and I only noticed today that I've never posted an update about the bitcoinds running on the (new) main server that generates the work ...

It's running a modified 0.13.1 (there appears to be no real reason to bother with 0.13.2)
The changes are:
 no segwit
 the usual simple speed up from before
 I set the block size to 88,888 on the first work sent after a block change, then it's 988,888 after that
  (the 88,888 size is bigger than the -ck 0.12.x and earlier sizes)
 another minor change I worked out to be useful Smiley

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
huynhdat1989
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February 06, 2017, 03:58:42 AM
 #23636

... and I only noticed today that I've never posted an update about the bitcoinds running on the (new) main server that generates the work ...

It's running a modified 0.13.1 (there appears to be no real reason to bother with 0.13.2)
The changes are:
 no segwit
 the usual simple speed up from before
 I set the block size to 88,888 on the first work sent after a block change, then it's 988,888 after that
  (the 88,888 size is bigger than the -ck 0.12.x and earlier sizes)
 another minor change I worked out to be useful Smiley
Hi Kano,

May I ask you the personal question about Kano.741A7? Do you use Avalon741 7.3Ths? I see your hash rate is 8.0Ths and share rate is very good too. It runs almost equal my Antminer R4.

I am planing to buy 2 Avalons, just consider about their electric efficiency. So I can run 2 R4 and 2 Avalon on kano.
kano
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February 06, 2017, 04:09:16 AM
 #23637

... and I only noticed today that I've never posted an update about the bitcoinds running on the (new) main server that generates the work ...

It's running a modified 0.13.1 (there appears to be no real reason to bother with 0.13.2)
The changes are:
 no segwit
 the usual simple speed up from before
 I set the block size to 88,888 on the first work sent after a block change, then it's 988,888 after that
  (the 88,888 size is bigger than the -ck 0.12.x and earlier sizes)
 another minor change I worked out to be useful Smiley
Hi Kano,

May I ask you the personal question about Kano.741A7? Do you use Avalon741 7.3Ths? I see your hash rate is 8.0Ths and share rate is very good too. It runs almost equal my Antminer R4.

I am planing to buy 2 Avalons, just consider about their electric efficiency. So I can run 2 R4 and 2 Avalon on kano.
Well I think it's on default settings Smiley
I've not changed it in any way since I got it and plugged it in.

Temperatures have been high here for the last month, some sort of record for the last 135 years I think (when it was last average hotter)
It lives in an underground garage with an A7 721 and it is quite warm down there when I go switch them off around peak electricity time.
They seem to be around 6THs and 8THs

The 2 together show a total at the wall of around 2450W or more for 14THs though I have seen peaks on the meter of 2500W

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
huynhdat1989
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February 06, 2017, 04:25:01 AM
 #23638

... and I only noticed today that I've never posted an update about the bitcoinds running on the (new) main server that generates the work ...

It's running a modified 0.13.1 (there appears to be no real reason to bother with 0.13.2)
The changes are:
 no segwit
 the usual simple speed up from before
 I set the block size to 88,888 on the first work sent after a block change, then it's 988,888 after that
  (the 88,888 size is bigger than the -ck 0.12.x and earlier sizes)
 another minor change I worked out to be useful Smiley
Hi Kano,

May I ask you the personal question about Kano.741A7? Do you use Avalon741 7.3Ths? I see your hash rate is 8.0Ths and share rate is very good too. It runs almost equal my Antminer R4.

I am planing to buy 2 Avalons, just consider about their electric efficiency. So I can run 2 R4 and 2 Avalon on kano.
Well I think it's on default settings Smiley
I've not changed it in any way since I got it and plugged it in.

Temperatures have been high here for the last month, some sort of record for the last 135 years I think (when it was last average hotter)
It lives in an underground garage with an A7 721 and it is quite warm down there when I go switch them off around peak electricity time.
They seem to be around 6THs and 8THs

The 2 together show a total at the wall of around 2450W or more for 14THs though I have seen peaks on the meter of 2500W

Wow, it is amazing. The Avalon run higher THs than they advertised. I heard many post said the antminers run lower than the fact.
I think I will try 2 x Avalon 741 or newer model.

Thank kano,
firetreeactual
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February 06, 2017, 05:02:05 AM
 #23639

I know a number of folks who are running in the hundreds of A721s (although not necessarily here); I've got one here that consistently runs around 6.6-6.8TH, and this is the tropics (20N). The A6 runs similarly.

My experience with power is with 120V. Both the A721 and the A6 I run here at home (I've got some S7s in Labrador) pull an average of 1155W each (measured separately) at the wall; it varies from 1100 to 1200, but the average is indeed close to the spec, at least here.

To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
clgrissom3
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February 06, 2017, 05:13:38 AM
 #23640

I know a number of folks who are running in the hundreds of A721s (although not necessarily here); I've got one here that consistently runs around 6.6-6.8TH, and this is the tropics (20N). The A6 runs similarly.

My experience with power is with 120V. Both the A721 and the A6 I run here at home (I've got some S7s in Labrador) pull an average of 1155W each (measured separately) at the wall; it varies from 1100 to 1200, but the average is indeed close to the spec, at least here.

I have 2 A721s where one runs at 6.6 and the other runs 6.8 consistently for weeks on end.  It is refreshing to see equipment that runs higher than advertised!  

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
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