KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks

[shid0]

it looks like, according to BTC.com, that we mined block 507,708 earlier today.... am i missing anything?

EDIT: also showing on blockchain.info

No that was another pool.

My apologies, too eager to crack a block.

[1715149803]

1715149803

[1715149803]

1715149803

[luxMiner]

it looks like, according to BTC.com, that we mined block 507,708 earlier today.... am i missing anything?

EDIT: also showing on blockchain.info

No that was another pool.

ha!

false alarm... keep on mining...!!

[Newko]

This pool seems to be ONLY for the people who spent megabucks on mining equipment.

Their web page should have a warning that you can mine for MONTHS and never see a penny.

I'm a small miner and I've done quite well here over last two years (better than other pools I mined on). I haven't cracked a block yet, but small miners do crack blocks from time to time, so maybe I'll get lucky and crack one soon.  Mine on!

[Vertflyer]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

[fjtropepe]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

In simplest form, it is like attempting to find the combination to a digital lock. If you find the combination you get the reward. You may or may never find the combination depending how many characters are in the password (difficulty). By bringing your friends on board with you and joining your effort your chances increase. The more friends that you have helping out the faster you will find the combination (statistically). You agree to split the reward, when found, by taking the total number of attempts made by the group and dividing out the winnings. In other words, to find your reward: Reward / total attempts made * number of attempts you personally made. So to answer your question, all you need is one worker (machine) to get the job done. Numbers is what gets that same job done expeditiously.

[jeecom]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

My understanding is that each machine is truly independent of each other.  The concern I have is that if you have two machines, I don't think they collaborate so they can actually waste effort by trying the same solutions that did not work.

[ricknamer]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

My understanding is that each machine is truly independent of each other.  The concern I have is that if you have two machines, I don't think they collaborate so they can actually waste effort by trying the same solutions that did not work.

You realize the chances of that happening are infinitely small, right?

[bit2255]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

In simplest form, it is like attempting to find the combination to a digital lock. If you find the combination you get the reward. You may or may never find the combination depending how many characters are in the password (difficulty). By bringing your friends on board with you and joining your effort your chances increase. The more friends that you have helping out the faster you will find the combination (statistically). You agree to split the reward, when found, by taking the total number of attempts made by the group and dividing out the winnings. In other words, to find your reward: Reward / total attempts made * number of attempts you personally made. So to answer your question, all you need is one worker (machine) to get the job done. Numbers is what gets that same job done expeditiously.

Nicely said!! (All newbies should read this - it might just reduce the number of posts significantly  )

Mine On!!

[Newko]

Newbie question. When a block is cracked did others in the pool directly share work to crack that block? I’m not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.

My understanding is that each machine is truly independent of each other.  The concern I have is that if you have two machines, I don't think they collaborate so they can actually waste effort by trying the same solutions that did not work.

Nicely said!! (All newbies should read this - it might just reduce the number of posts significantly  )

Mine On!!

I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the  solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work.  Pretty sure Kano can explain this much more accurately.

Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.

[wavelengthsf]

I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the  solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work.  Pretty sure Kano can explain this much more accurately.

Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.

Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.

We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.  

The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.

[rifleman74]

I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the  solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work.  Pretty sure Kano can explain this much more accurately.

Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.

Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.

We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.  

The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.

But we're still on "this block", so in essence...yes we're still trying to "crack this block". 

[Newko]

I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the  solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work.  Pretty sure Kano can explain this much more accurately.

Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.

Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.

We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.  

The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.

Thanks for the extra details
While I couldn't recognize a Merke root from a ginger root or a nonce from a sconce, it's nice to know I at least had the general concept down. I also knew that once the network finds a block we've moved on to trying to solve the next, so yeah, "cracking this block" is just a convenient, albeit innacurate expression.
Gonna do more reading to see if I can ever really understand this at a deep level.
Thanks again  Mine on!

[Newko]

I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the  solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work.  Pretty sure Kano can explain this much more accurately.

Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.

Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.

We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.  

The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.

But we're still on "this block", so in essence...yes we're still trying to "crack this block".  

Yes, this block for us, as in the next block the we finally solve,  but we've been working on lots of different network blocks since we cracked our last one. We'll all still use the "this block" expression though because it is convenient for our discussion purposes. That said........Let's crack this block!  

Edit: And of course, at any point in time, the block we are trying to solve is "this block". It's just that "this block" is a group of different blocks since our last one. Ok, I think this horse is dead so I'll stop beating it. 

[heartlandmining]

But we're still on "this block", so in essence...yes we're still trying to "crack this block". 

echo $_ | sed "s/this block/our next block/g"

But we're still on "our next block", so in essence...yes we're still trying to "crack our next block". 

Yep.  That's better.

[Newko]

But we're still on "this block", so in essence...yes we're still trying to "crack this block".  

echo $_ | sed "s/this block/our next block/g"

But we're still on "our next block", so in essence...yes we're still trying to "crack our next block".  

Yep.  That's better.

+1 

[wavelengthsf]

And of course, mine on!

[bigolin]

Fire sale again boys! Get 'em while they're hot!

buy low and HODL!

[rifleman74]

Fire sale again boys! Get 'em while they're hot!

buy low and HODL!

Get your miners, get your miners!

[Waztim]

The Fundamentals, they haven't changed. There will only ever be 21 million bitcoin ever created. ~4 million have been lost forever. If people think Bitcoin is dead, they are fools. Bitcoin is THE coin to which all others are priced against. Don't worry about price, Fear, Uncertainty and Doubt is what makes long term miners and HODL's wealthy. Stay the course and MINE ON WITH KANO-SAN, the best Bitcoin Mining Pool on Earth!! Come on Block!!BTCBTC

[BSGMiner]

This pool seems to be ONLY for the people who spent megabucks on mining equipment.

Their web page should have a warning that you can mine for MONTHS and never see a penny.

Except that would be false unless you ignored the bold red warning on the front web page ...

Subtle, very subtle... I had to go remind myself what Kano was referring to.

Don't point CPU or GPU miners at the pool.