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Author Topic: [205+PH] KanoPool kano.is 0.9% fee 6.5 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG  (Read 5158620 times)
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kano
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February 26, 2018, 09:54:06 PM
 #36541

I am confused as to how luck works in all of this....

Is 100% good?  Is lower % better?  Or is higher % better?

Is luck and Diff % relational?

I'm having a hard time understanding the luck part in all of this.  Red is bad, green is good...but luck varies..

Are we trying to be at 100% luck all the time?

https://imgur.com/a/515j6

Thanks!

Expected luck is 100% and if we hit that on every block all is good in the BTC world.  Better luck is less than 100% and worse luck is greater than 100%.  

Our block 509209 was super lucky at 7.588% while our block 491758 was super unlucky at 928.788% Cheesy

Some other pools represent luck in reverse for some reason Huh

Thanks for the info!
A single block's luck is of course so random that it's completely meaningless to try and make any claims about the pool performance based on a single block.
It's all of course related to statistical samples.
A small sample of a large set of data is not going to give a useful representation of that data, and one single block is basically meaningless in that respect.
Aside: there's also the CDF column (that shows the chances of that happening) to compare with any of the very few pools that show that also.

The top two tables are what's useful to see the pool's performance.
The CDF[Erl] is actually the most useful number on the whole page ... and no other pool shows it Tongue
Seriously, most if not all other pool operators have no idea about the statistics of mining.
slush is the best example of that - after running a pool for the longest of all pools, he still had no idea about checking the statistics of his miners in Dec 2015 when they all lost a truck load of BTC due to that.

Anyway, as the number of blocks increases, you get more useful data with the CDF[Erl] which is showing, in the top two tables, the probability of getting worse than that result.
There's also Luck% columns in the tables that show 50% luck as bad luck and 200% luck as good luck.

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!
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rifleman74
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February 26, 2018, 09:55:09 PM
 #36542

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
 

Totally different comparison though, with the pool size being different, as well as the difficulty (and block fees).
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February 26, 2018, 09:56:39 PM
 #36543


Anyway, as the number of blocks increases, you get more useful data with the CDF[Erl] which is showing, in the top two tables, the probability of getting worse than that result.
There's also Luck% columns in the tables that show 50% luck as bad luck and 200% luck as good luck.


See, that's where some people get confused.  On the block percentage, the lower number is "better" or luckier, but on the CDF[Erl], it's the opposite.
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February 26, 2018, 10:01:16 PM
 #36544

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
 

Totally different comparison though, with the pool size being different, as well as the difficulty (and block fees).

You mean to tell me, with the mathematicians in here, nobody can compare past to present? C'mon.

Click these links to learn some truth about Big Corporate mining pools stealing your money and centralizing BTCitcoin!!!
Help support the BTCitcoin community!!! Mine your BTCitcoin at a non-Corporate pool!!! BTC: 1ShazamjsPnpWDNnk3n2tAiKGMdXaSjay
I mine BTCitcoin at a non-Corporate pool with no hidden fees, no empty BTClocks: Kano Pool   ■ get Kano Pool signature banners here ■
kano
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February 26, 2018, 10:11:11 PM
 #36545

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

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!
Shazam!!!
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February 26, 2018, 10:29:40 PM
 #36546

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

Click these links to learn some truth about Big Corporate mining pools stealing your money and centralizing BTCitcoin!!!
Help support the BTCitcoin community!!! Mine your BTCitcoin at a non-Corporate pool!!! BTC: 1ShazamjsPnpWDNnk3n2tAiKGMdXaSjay
I mine BTCitcoin at a non-Corporate pool with no hidden fees, no empty BTClocks: Kano Pool   ■ get Kano Pool signature banners here ■
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February 26, 2018, 10:35:47 PM
 #36547

I am confused as to how luck works in all of this....

Is 100% good?  Is lower % better?  Or is higher % better?

Is luck and Diff % relational?

I'm having a hard time understanding the luck part in all of this.  Red is bad, green is good...but luck varies..

Are we trying to be at 100% luck all the time?



Thanks!

i look at it like a job where u are paid 1000 buckaroos a week this salary was calculated for a 50 hour work week. sometimes yer lucky and only have to work 5 hours in a week ( 10% lucky ) sometime u suck and have to work 100 hours grrr (200% lucky though the luck is bad after 100% ) Cheesy

although the work week resets and u are paid when a block is found instead of time related.

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
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February 26, 2018, 10:46:03 PM
 #36548

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
sruyle
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February 26, 2018, 10:58:37 PM
 #36549

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224

Stop wasting money. Mine at kano.is
rifleman74
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February 26, 2018, 10:59:13 PM
 #36550

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224


That's the ramp up...things are getting better for you!  Notice how you actually made more with the fees on the last block smaller.
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February 26, 2018, 11:00:01 PM
 #36551

To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224


That's the ramp up...things are getting better for you!

Indeed they are. As expected. I have always been the instant gratification type. The ramp up was extremely difficult. Hell, waiting over 2 hours for a block on slush was difficult. But I know that if this paid less than slush, there would be 0 big miners here. So I had to temper my pool hoppiness and wait. I believe waiting will pay.

Stop wasting money. Mine at kano.is
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February 26, 2018, 11:56:43 PM
 #36552

Expected luck is 100% and if we hit that on every block all is good in the BTC world.  Better luck is less than 100% and worse luck is greater than 100%.  

Our block 509209 was super lucky at 7.588% while our block 491758 was super unlucky at 928.788% Cheesy

Some other pools represent luck in reverse for some reason Huh
I think I finally have the notices configured now but have a question about how to display luck.  Right now I am showing the diff % as the luck.  Does that make the most sense to everyone?  I have it setup so that the system sends out text alerts right away once it gets the block number and value.  Then when it gets the pool hash rate, it sends the email with a lot more details.  Right now I am estimating the pool hash rate based on the shares submitted.  Should be close to the BTC per Th for your miners but wont be perfect.  Anyway, let me know if I should change the luck percentage around...

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 3 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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February 27, 2018, 12:28:28 AM
 #36553


jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 3 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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February 27, 2018, 12:34:15 AM
 #36554


jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

yea i have jst been looking at the general block stats over the last year and monthly output jst seems to go down every month even when hash goes up. but it is true all statistical probabilities eventually work out so there should be better times ahead Cheesy

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
rifleman74
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February 27, 2018, 12:37:14 AM
 #36555


jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

yea i have jst been looking at the general block stats over the last year and monthly output jst seems to go down every month even when hash goes up. but it is true all statistical probabilities eventually work out so there should be better times ahead Cheesy

And why not RIGHT NOW!   CRACK THIS BLOCK!


MINE ON WITH KANO-SAN!
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February 27, 2018, 12:49:42 AM
 #36556

Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?
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February 27, 2018, 12:55:23 AM
 #36557


jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

Statiscally, those events are independent, can't use them to forecast "future luck" ... but it's highly unlikely over time for our luck to be this low - so even though there's the expectation to approach 100% luck, there really isn't any certainty Smiley

Having said all that ... at 100% luck this pool earns more per TH than other pools...curse you, damned variance!

Mining on Kano Pool with 10 x S9 | 11 x GTX1070 | 10 x 1050Ti | 1 x L3+
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February 27, 2018, 12:56:11 AM
 #36558

Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?


I have 35 $100 vouchers... can only use 1 voucher per miner...

Mining on Kano Pool with 10 x S9 | 11 x GTX1070 | 10 x 1050Ti | 1 x L3+
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February 27, 2018, 12:58:05 AM
 #36559

Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?


I have 35 $100 vouchers... can only use 1 voucher per miner...

So why would they tell me in their email that they sent one 100 USD coupon to me account, and then put on 8 but not allow me to use them at the same time.  Just a ploy to get more sales?
This was becuase of an L3 that i bought back in december, that was supposed to be batch 1 that they forgot to send to me.

Just tried a dummy order, and it is as you said, 1 coupon allowed.  Bummer, I would of bought an A3 since it would of been almost FREE! HAHA

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February 27, 2018, 01:13:32 AM
 #36560

Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?

Yep, you have 8 to use, 1 per unit purchased.  You can also donate them if you wish to the email address of another Bitmain account holder.

EDIT: You cannot use any of these coupons to buy just a PSU...

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