KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[rifleman74]

I've been with Kano since Jan 17th. I wanted to give it a shot for 2 weeks to see how it worked out as I've heard some very good things. Unfortunately, it is not what I was hoping it would be. The Ramp is much too long a period of time, the look and feel of the online site needs some serious TLC and the time between blocks -what can I say about that. Hopefully Kano can make some improvements and things turn around.

Good luck folks. BTC

lol, you'll be back once this block is cracked.

[1714026558]

1714026558

[fjtropepe]

I've been with Kano since Jan 17th. I wanted to give it a shot for 2 weeks to see how it worked out as I've heard some very good things. Unfortunately, it is not what I was hoping it would be. The Ramp is much too long a period of time, the look and feel of the online site needs some serious TLC and the time between blocks -what can I say about that. Hopefully Kano can make some improvements and things turn around.

Good luck folks. BTC

I will pay you daily payouts here at Kano. Just enter in my worker name and you will be all set. 

It has always amazed me how the mind works. Countless studies have shown time and time again that people will spend 20 for an item with free shipping rather than 13 with 3 dollar shipping. Something with the brain. Immediate gradification is a powerful drug. Bitmain really hit that one out of the park.

[minergain.com]

A little more clear math would be appreciated... also a numeric result is expected.

Although not exactly what you are asking, if you check out the home page (of minergain.com) you will see a CDT (Coins per Day per Th/s) for Kano / Slush that is updated every 15 minutes for the past week, month, quarter and year.  Some of these are hidden on mobile phones so use a desktop to see them all.  Obviously this the past - which has no impact on future "randomness", but should give some idea what the long term results may be.  The one big thing to notice is how rapidly Slush is decreasing.

[DPoS2]

I've been with Kano since Jan 17th. I wanted to give it a shot for 2 weeks to see how it worked out as I've heard some very good things. Unfortunately, it is not what I was hoping it would be. The Ramp is much too long a period of time, the look and feel of the online site needs some serious TLC and the time between blocks -what can I say about that. Hopefully Kano can make some improvements and things turn around.

Good luck folks. BTC

lol, you'll be back once this block is cracked.

He does have some points though..  the math shows opportunity.    If Kano at 80% luck pays the same as Slush at 100% there is a huge opportunity to get some bigger miner farms to join.

It seems the only way all this makes sense is if the bigger miner farms that join Slush are getting some kind of tiered payout that is robbing from the little guys.  If the pool operator is taking from everyone that would make no sense for a big farm to stay there.

So the million dollar question is how big do you have to be to get that favored payout at a place like Slush?  And if that can be found and broadcasts, then any miner that is not getting that favored rate should join a pool like Kano.

If this type of marketing can be put in motion, then I would say do a promotional ramp up of say half the normal time to get people to come and then once the pool has grown the ramp up can back to normal as an incentive to stick around.

Because the problem right now with this pool is that the expected blocks per month is now single digits and that is a huge % swing on luck per block.  If Feb has 5 blocks expected and you only get 4 that is 80% right there..  if you only get 3? Then this pool is toast

[VRobb]

Changing the 'ramp' is not how PPLNS works, nor would it be appreciated by those already at the 5Nd.  If you want less 'ramp' time, increase the pool's hashrate by mining here! 

[Leonid2806]

нaдo вaлить c этoгo кaнo cлишкoм дoлгo ищyт нaдo кaнo пyлy cкopocтя дoбaвлять yлyчшaть пyл кaк дpyгиe дeлaют пpoцeнт кaнo бepёт c кaждoгo мaйнepa 0.9%

[DPoS2]

Changing the 'ramp' is not how PPLNS works, nor would it be appreciated by those already at the 5Nd.  If you want less 'ramp' time, increase the pool's hashrate by mining here! 

You really missed the point and will be hoping to get 2 blocks in a month soon.. so sure, even if you solo mine 'the math works out' if you can live 7000 years or whatever

[Grog!]

A little more clear math would be appreciated... also a numeric result is expected.

Although not exactly what you are asking, if you check out the home page (of minergain.com) you will see a CDT (Coins per Day per Th/s) for Kano / Slush that is updated every 15 minutes for the past week, month, quarter and year.  Some of these are hidden on mobile phones so use a desktop to see them all.  Obviously this the past - which has no impact on future "randomness", but should give some idea what the long term results may be.  The one big thing to notice is how rapidly Slush is decreasing.

Thank you for your very good reply. CDT is even better argument :-) I was calculating CDT ≈ 0,00016 for slush in January 2016... but well, looks like I was a few optimistic (and probably wrong!) :-)

What I don't understand is: "The one big thing to notice is how rapidly Slush is decreasing."

Do you mean from "profit for miners" perspective? and from where you notice that?

[clgrissom3]

A little more clear math would be appreciated... also a numeric result is expected.

Although not exactly what you are asking, if you check out the home page (of minergain.com) you will see a CDT (Coins per Day per Th/s) for Kano / Slush that is updated every 15 minutes for the past week, month, quarter and year.  Some of these are hidden on mobile phones so use a desktop to see them all.  Obviously this the past - which has no impact on future "randomness", but should give some idea what the long term results may be.  The one big thing to notice is how rapidly Slush is decreasing.

Thank you for your very good reply. CDT is even better argument :-) I was calculating CDT ≈ 0,00016 for slush in January 2016... but well, looks like I was a few optimistic (and probably wrong!) :-)

What I don't understand is: "The one big thing to notice is how rapidly Slush is decreasing."

Do you mean from "profit for miners" perspective? and from where you notice that?

I think what he meant was the Coin per Day per TH/s has been decreasing as you get closer to present time:

0.00018586 CDT for Quarter
0.00014460 CDT for Month
0.00011849 CDT for Week

[VRobb]

It sure has, Network diff keeps going up so coins/THs will go down no matter where you are, but we still get more here at kano no matter what people who don't fully understand PPLNS say...  
Mine On!  

[mtaboneweb]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

[rifleman74]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

Right now that reward is less than .00030000      FWIW.

[DPoS2]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

You guys all need to take a sober look at the blocks to blocks expected value on the Monthly stats page and stop drinking the kool-aid for a minute.   What I said about changing the ramp was a temporary promotional offer once you get the marketing ready to go after the bigger miner farms that aren't getting paid extra to be on the bigger pools

Maybe this place just can't be saved

[Grog!]

A little more clear math would be appreciated... also a numeric result is expected.

Although not exactly what you are asking, if you check out the home page (of minergain.com) you will see a CDT (Coins per Day per Th/s) for Kano / Slush that is updated every 15 minutes for the past week, month, quarter and year.  Some of these are hidden on mobile phones so use a desktop to see them all.  Obviously this the past - which has no impact on future "randomness", but should give some idea what the long term results may be.  The one big thing to notice is how rapidly Slush is decreasing.

Thank you for your very good reply. CDT is even better argument :-) I was calculating CDT ≈ 0,00016 for slush in January 2016... but well, looks like I was a few optimistic (and probably wrong!) :-)

What I don't understand is: "The one big thing to notice is how rapidly Slush is decreasing."

Do you mean from "profit for miners" perspective? and from where you notice that?

I think what he meant was the Coin per Day per TH/s has been decreasing as you get closer to present time:

0.00018586 CDT for Quarter
0.00014460 CDT for Month
0.00011849 CDT for Week

Name   Payout   Hash Rate   Network %   Users   Current Block   Week CDT   Month CDT   Quarter CDT   Year CDT   Web
KanoPool   PPLNS   39.13PH/s   0.19% of 20.45EH/s   1,302   505456 (7.67Dys)   n/a   0.00016478   0.00018878   0.00040412   kano.is
SlushPool   Hybrid PPS   2.14EH/s   10.47% of 20.45EH/s   17,845   506696 (12.47Mins)   0.00011740   0.00014460   0.00018586   0.00037287   slushpool.com

I don't think he means that, since, according to the data in the webpage, Kano pool is decreasing even more rapidly, having into consideration that kano is 0 CDT for this last Week (not n/a as is written in there... correct Week CDT for kano is ZERO)

But if minergain.com means that, then the question would be: Slush is decreasing its CDT rapidly compared to which other pool?

[rifleman74]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

You guys all need to take a sober look at the blocks to blocks expected value on the Monthly stats page and stop drinking the kool-aid for a minute.   What I said about changing the ramp was a temporary promotional offer once you get the marketing ready to go after the bigger miner farms that aren't getting paid extra to be on the bigger pools

Maybe this place just can't be saved

Not happening.  Bye bye

[Thrash]

Each of us can mine where ever we choose. The rule I have always used and it has worked well for me, is as long as the expected time for a block does not exceed 1/2 the time for a difficulty change you should come out pretty well. Right now our expected time for a block is about 80 hours, so well less than 1/2 the time for a difficulty change.

If you go look at the Slush block history they have had several 200% blocks in the last 40 blocks at the time I am typing this. It is just their 200% blocks disappear and no one even realizes they had one in most cases due to the large hash rate. Getting paid more often does not mean you are getting paid more. Which 8 hour a day job would you take of these three:

Paid hourly: $20 per hour
Paid daily: $170 per day
Paid weekly: $900 per week

While it is nice to have a larger pool to lower variance, a larger pool also means a smaller percentage for a given hash rate. I would prefer to mine in a pool that is smaller and get a bigger piece of the pie. That's why I'm here. Mining is all numbers, it is hard to keep emotion out of it but in the end the numbers will tell the story. Sometimes it take a bit longer than others.

Mine on!

[bigolin]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

You guys all need to take a sober look at the blocks to blocks expected value on the Monthly stats page and stop drinking the kool-aid for a minute.   What I said about changing the ramp was a temporary promotional offer once you get the marketing ready to go after the bigger miner farms that aren't getting paid extra to be on the bigger pools

Maybe this place just can't be saved

HOLY SHIT!

This whole time I've been mining at a pool that needed saving?
FML.

If only the pool operator were cool enough to do something to entice new people, or even reward the loyal ones that have been here for a minute like offering no fee mining for a certain period of time, maybe a "Promotional" period of time. Is it too late for us to get a new pool operator that actually cares about us and is forward thinking like this guy?

[DPoS2]

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.

You guys all need to take a sober look at the blocks to blocks expected value on the Monthly stats page and stop drinking the kool-aid for a minute.   What I said about changing the ramp was a temporary promotional offer once you get the marketing ready to go after the bigger miner farms that aren't getting paid extra to be on the bigger pools

Maybe this place just can't be saved

Not happening.  Bye bye

Then you just said bye bye to this pool.. you can then mine your smugness

[DPoS2]

Each of us can mine where ever we choose. The rule I have always used and it has worked well for me, is as long as the expected time for a block does not exceed 1/2 the time for a difficulty change you should come out pretty well. Right now our expected time for a block is about 80 hours, so well less than 1/2 the time for a difficulty change.

If you go look at the Slush block history they have had several 200% blocks in the last 40 blocks at the time I am typing this. It is just their 200% blocks disappear and no one even realizes they had one in most cases due to the large hash rate. Getting paid more often does not mean you are getting paid more. Which 8 hour a day job would you take of these three:

Paid hourly: $20 per hour
Paid daily: $170 per day
Paid weekly: $900 per week

While it is nice to have a larger pool to lower variance, a larger pool also means a smaller percentage for a given hash rate. I would prefer to mine in a pool that is smaller and get a bigger piece of the pie. That's why I'm here. Mining is all numbers, it is hard to keep emotion out of it but in the end the numbers will tell the story. Sometimes it take a bit longer than others.

Mine on!

wow - you all are missing the point which is why you are the only ones left here.   Once the amount of expected blocks per month gets to single digits you are playing with fire.  Mining has monthly bills. If Feb's expected blocks is 5 and this pool only gets 3 that is a major cut in payouts.  And even if the luck improves the next month, that will be playing catch up at a disadvantage since even if the luck is the same each month, the next month pays less per your TH because of the network increase that the pool is fighting against.

So it is more than just variance once a pool gets too low to matter anymore

[minergain.com]

I think what he meant was the Coin per Day per TH/s has been decreasing as you get closer to present time:

0.00018586 CDT for Quarter
0.00014460 CDT for Month
0.00011849 CDT for Week

Name   Payout   Hash Rate   Network %   Users   Current Block   Week CDT   Month CDT   Quarter CDT   Year CDT   Web
KanoPool   PPLNS   39.13PH/s   0.19% of 20.45EH/s   1,302   505456 (7.67Dys)   n/a   0.00016478   0.00018878   0.00040412   kano.is
SlushPool   Hybrid PPS   2.14EH/s   10.47% of 20.45EH/s   17,845   506696 (12.47Mins)   0.00011740   0.00014460   0.00018586   0.00037287   slushpool.com

I don't think he means that, since, according to the data in the webpage, Kano pool is decreasing even more rapidly, having into consideration that kano is 0 CDT for this last Week (not n/a as is written in there... correct Week CDT for kano is ZERO)

But if minergain.com means that, then the question would be: Slush is decreasing its CDT rapidly compared to which other pool?

Yes, it is all very confusing - and you are right, I will change the n/a to 0 in a bit since it is actually 0 for the past 7 days.  

Obviously the weekly value is very meaningful on slush since they get tons of blocks every day now. The Kano weekly is not really that meaningful due to our low hash rate / variance.  For example, if we get a 15BTC block right now, I estimate my S9 reward will be roughly .00055BTC.  If I have my manual calc correct, that would make the weekly CDT equal .0000582.  Hitting 5 of them in the week like we did a couple weeks ago would make it somewhere near .0003.  So yes, if you are looking to stay at Kano for a week or two, this is not the place to be.  The difficulty is the biggest factor on the difference change, but if you look at the Quarter to Month, the decrease is more pronounced on slush.  Ok, now that I am blabbing about this, probably best to forget about it since it is all determined by the blocks we find.  

Maybe I will just say that I am here because I am "gambling" on bitcoin, and I have much better odds of winning bigger here where every block that is found has a much bigger reward - as shown by the yearly CDT.  So what those numbers mean is that every S9 running at 13.5Th/s for a year, you would get about 8% (.153984) more BTC by being with Kano ($2,300 additional at US$15,000 per BTC).