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Author Topic: [40-400PH] KanoPool kano.is 0.9%fee 4.3of10BTC giveaway 🐈 US,UK,JP,NYA,OR,DE,SG  (Read 5194438 times)
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kano
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February 27, 2018, 03:19:40 AM
 #36561

510992 payout sent and confirmed 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!
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heartlandmining
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February 27, 2018, 03:23:57 AM
 #36562

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...
grrr i got no coupons :/
I've received an avalanche of these today - $100, $125 and $200 varieties.
clgrissom3
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February 27, 2018, 03:26:04 AM
 #36563

510992 payout sent and confirmed Smiley

They get confirmed quickly these days...

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
rifleman74
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February 27, 2018, 03:33:29 AM
 #36564

510992 payout sent and confirmed Smiley

Might as well lower that fee to .00000022 and save yourself the pennies!
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February 27, 2018, 03:49:31 AM
 #36565

I'm surprised these smaller guys aren't going for that 50 TH/s reward.

The block must have distracted everyone. I'm not sure how man smaller miners pay attention to the forum and read it though........so in that case, let's increase the qualifications to 1TH/s - 15 TH/s and see if that attracts a few more.

Someone has to have an easy analogy they can share that helps them understand.

B-B-B-B-B-BLOCK MAN, BLOCK MAN, BLOCK MAAAAAN!!

Nothing happens until something moves.

MINE ON WITH KANO........except DPoS2
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February 27, 2018, 03:53:03 AM
 #36566

...'PASS THE HASH' GIVEAWAY! qualifications and time-frames, I'll highlight them below in red...

- You must be already mining on Kano with a combined hashpower below 10THs between ~500GHs and ~1THs (on the Pool Stats page).
- Send me a direct [Private] message with your user name, if you qualify and wish to participate. Do not reply to this with your user name, as we don't want to flood the forum, unless it is for a general comment.
- I will randomly draw one qualifying user tomorrow Monday midnight CET Monday evening EST. I will then announce the 'winner' and the S9 Avalon6 (3.5THs) will run under its user name until Sunday midnight CET Sunday evening EST.
- Should the machine drop in hashpower or encounter any technical issues, I will not be responsible and liable to make up for it.
Thanks for the continued interest!
Well, folks... This is the most unanticipated announcement: The lucky winner is... No one...

Yeah, exactly. I was surprised too. No one took me up on my offer, so I'm hereby recinding my invitation.

Trust me, I was more than willing to do what I said, but, apparently, this is the way it was meant to be, so...

Mine on!!!

The BTCest mining pool (<1% fee): KanoPool
***PPLNS payouts averaged over the 5Nd to reduce variance***
BSGMiner
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February 27, 2018, 04:13:03 AM
 #36567

I'm surprised these smaller guys aren't going for that 50 TH/s reward.

The block must have distracted everyone. I'm not sure how man smaller miners pay attention to the forum and read it though........so in that case, let's increase the qualifications to 1TH/s - 15 TH/s and see if that attracts a few more.

Someone has to have an easy analogy they can share that helps them understand.

B-B-B-B-B-BLOCK MAN, BLOCK MAN, BLOCK MAAAAAN!!
I feel your pain... I couldn't even give my 3.5THs away. LOL Grin Oh, well. More for me, I suppose.

Anyway, about your promo, I've been totally unavailable today, but I'll take a crack at it tomorrow since I've been wanting to document my findings as my knowledge has grown over the past half-dozen blocks that I've been a part of.

The BTCest mining pool (<1% fee): KanoPool
***PPLNS payouts averaged over the 5Nd to reduce variance***
Pecker
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February 27, 2018, 04:23:24 AM
 #36568

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.

Thank You!

May I ask what CDF[ERL] means and how it is calculated and exactly what do you mean by "the probability of getting worse than that result?"

Compared to what result? luck? % difficulty? CDF itself?

Sorry if it is obvious to everyone else, (newbie) but what does the %luck really mean anything as far as the average miner looking at stats if CDF[ERL} is the real key?




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February 27, 2018, 04:38:00 AM
 #36569

I'm surprised these smaller guys aren't going for that 50 TH/s reward.

The block must have distracted everyone. I'm not sure how man smaller miners pay attention to the forum and read it though........so in that case, let's increase the qualifications to 1TH/s - 15 TH/s and see if that attracts a few more.

Someone has to have an easy analogy they can share that helps them understand.

B-B-B-B-B-BLOCK MAN, BLOCK MAN, BLOCK MAAAAAN!!
I feel your pain... I couldn't even give my 3.5THs away. LOL Grin Oh, well. More for me, I suppose.

Anyway, about your promo, I've been totally unavailable today, but I'll take a crack at it tomorrow since I've been wanting to document my findings as my knowledge has grown over the past half-dozen blocks that I've been a part of.

It is on the table. You have to get him to understand in a way that he could explain it to another newbie and give an example. If you can and he can, the hash is YOURS! 50 TH/s for 5 days. Also, padrinogtr offered another 3 TH/s to add to make a total of 53 TH/s. Pretty cool I thought.

Nothing happens until something moves.

MINE ON WITH KANO........except DPoS2
kano
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February 27, 2018, 04:50:44 AM
 #36570

...
Thank You!

May I ask what CDF[ERL] means and how it is calculated and exactly what do you mean by "the probability of getting worse than that result?"

Compared to what result? luck? % difficulty? CDF itself?

Sorry if it is obvious to everyone else, (newbie) but what does the %luck really mean anything as far as the average miner looking at stats if CDF[ERL} is the real key?
CDF[Erl] is the Erlang distribution of the CDF
The value I show allows you to get the probability of getting a result worse than the data shown.

CDF means Cumulative Distribution Function
What it comes from is the integral under the curve of the probability results of a Poission Distributed random event.

In simple terms, a graph of the chances of finding a block looks like a bell shaped curve.
So you have a curve that shows that the chance of finding a block with zero hashes is zero, the chance of finding a block with infinite hashes is zero, and the chances of whatever in-between vary from close to zero, up to some limit then back down - it's a bell shaped curve.
Here's the Wikipedia page about that: https://en.wikipedia.org/wiki/Cumulative_distribution_function

So anyway, if say you wanted to know how often would you get a worse block than Diff 200%, the CDF can tell you that.
It adds up the area under the bell shaped curve up to 200%
The CDF for 200% is 0.86466471676339 i.e. 86.47% of the time, you expect blocks to be below 200%.
So how about worse than 200%? That's 1/(1-CDF) = 7.389 so that means, on average over a large number of events (blocks) you'd expect about 1 in 7.4 blocks to be over 200%

Now that's all good and fine except, well, that's just looking at a single block.
As I mentioned, a single sample will tell you next to nothing about a large set of events.

In comes the Erlang distribution - https://en.wikipedia.org/wiki/Erlang_distribution
This lets you determine something similar to the CDF but for a number of events.
So as the pool stats page currently says:
Code:
Last 25 Blocks  13.4wks  118.13%  123.08%  0.8219  84.65%  103.25%
We see that the average Diff of those 25 blocks was 118.13%
So what's the chances that you'd get worse than that?
CDF[Erl] for 118.13% for 25 events is 0.8219
Using the earlier calculation 1/(1-CDF[Erl]) = 5.615 so that means, on average over a large number of events (blocks) you'd expect about 1 in 5.6 sets of 25 blocks to average worse (higher) than 118.13%

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!
chauski01
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February 27, 2018, 04:52:03 AM
 #36571

Hi, 1st time poster, long time lurker for kano (2 months  Tongue).  Just saw the kanobtc twitter page and saw only a few members there.  Love the community here in bitcointalk but just wondering why only 16 active in twitter... Smiley

I hope we can all be active there and share tweets from the pool, especially the 10 BTC promo to spread the word so we can increase the pool's hash rate.. Smiley
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February 27, 2018, 04:59:12 AM
 #36572

I'm surprised these smaller guys aren't going for that 50 TH/s reward.

The block must have distracted everyone. I'm not sure how man smaller miners pay attention to the forum and read it though........so in that case, let's increase the qualifications to 1TH/s - 15 TH/s and see if that attracts a few more.

Someone has to have an easy analogy they can share that helps them understand.

B-B-B-B-B-BLOCK MAN, BLOCK MAN, BLOCK MAAAAAN!!



love the line "so in that case, let's increase the qualifications to 1TH/s - 15 TH/s and see if that attracts a few more. "
i second the motion!  Grin

BTCBTCBTC MINE ON @ KANOPOOL
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Mine ON!!!


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February 27, 2018, 05:14:24 AM
 #36573

...'PASS THE HASH' GIVEAWAY! qualifications and time-frames, I'll highlight them below in red...

- You must be already mining on Kano with a combined hashpower below 10THs between ~500GHs and ~1THs (on the Pool Stats page).
- Send me a direct [Private] message with your user name, if you qualify and wish to participate. Do not reply to this with your user name, as we don't want to flood the forum, unless it is for a general comment.
- I will randomly draw one qualifying user tomorrow Monday midnight CET Monday evening EST. I will then announce the 'winner' and the S9 Avalon6 (3.5THs) will run under its user name until Sunday midnight CET Sunday evening EST.
- Should the machine drop in hashpower or encounter any technical issues, I will not be responsible and liable to make up for it.
Thanks for the continued interest!
Well, folks... This is the most unanticipated announcement: The lucky winner is... No one...

Yeah, exactly. I was surprised too. No one took me up on my offer, so I'm hereby recinding my invitation.

Trust me, I was more than willing to do what I said, but, apparently, this is the way it was meant to be, so...

Mine on!!!

not to mention the 3TH i was gonna add
o well
MINE ON!!!!

230TH Mining For Kano!!!
gaud
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February 27, 2018, 05:17:03 AM
 #36574

...
but u can only get lets say lucky to the tune off 7% out of hundred u can get 900% unlucky lol and even if we mine 2 blocks in a row it could never make up for not mining a block for a month Cheesy
The stats show otherwise Smiley
Last 500 blocks includes the 928% block and the 875% block and the last month of blocks.
Yet the luck for the last 500 blocks, that includes all those, is ... 99.73%

o yes the math always works out as logically expected that's the beauty of math but my statement speaks to the emotion of why people worry more about the negative it is because it CAN be so much worse then the positive can be good  Cheesy
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February 27, 2018, 05:19:17 AM
 #36575

Hi, 1st time poster, long time lurker for kano (2 months  Tongue).  Just saw the kanobtc twitter page and saw only a few members there.  Love the community here in bitcointalk but just wondering why only 16 active in twitter... Smiley

I hope we can all be active there and share tweets from the pool, especially the 10 BTC promo to spread the word so we can increase the pool's hash rate.. Smiley

that twitter account is less than a week old that's the reason. and so is the Facebook page and group.

230TH Mining For Kano!!!
Shazam!!!
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February 27, 2018, 09:24:32 AM
 #36576

Hi, 1st time poster, long time lurker for kano (2 months  Tongue).  Just saw the kanobtc twitter page and saw only a few members there.  Love the community here in bitcointalk but just wondering why only 16 active in twitter... Smiley

I hope we can all be active there and share tweets from the pool, especially the 10 BTC promo to spread the word so we can increase the pool's hash rate.. Smiley

The Twitter page, has only been active for a few days. There is a few people here, that have taken it upon themselves, to help
promote Kano's Pool. Anyone who would like to contribute towards marketing Kano's Pool, is more than welcome, to give us
a hand.

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 27, 2018, 09:27:12 AM
 #36577

Quick question - going to mine on under-clocked S5 (about 900 GH/S) to build up a few shares while I wait for an S9 to come on-line. Will the 900 GH/S get me above the dust threshold?

Thanks
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February 27, 2018, 09:42:11 AM
 #36578

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...
grrr i got no coupons :/
I've received an avalanche of these today - $100, $125 and $200 varieties.

Happy to take a couple off your hands Wink About to make a small batch buy.
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February 27, 2018, 09:51:05 AM
 #36579

Hi, 1st time poster, long time lurker for kano (2 months  Tongue).  Just saw the kanobtc twitter page and saw only a few members there.  Love the community here in bitcointalk but just wondering why only 16 active in twitter... Smiley

I hope we can all be active there and share tweets from the pool, especially the 10 BTC promo to spread the word so we can increase the pool's hash rate.. Smiley

The Twitter page, has only been active for a few days. There is a few people here, that have taken it upon themselves, to help
promote Kano's Pool. Anyone who would like to contribute towards marketing Kano's Pool, is more than welcome, to give us
a hand.

Following - any groups you think might be worth promoting the pool on?
WBF1
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February 27, 2018, 10:03:29 AM
 #36580

...
but u can only get lets say lucky to the tune off 7% out of hundred u can get 900% unlucky lol and even if we mine 2 blocks in a row it could never make up for not mining a block for a month Cheesy
The stats show otherwise Smiley
Last 500 blocks includes the 928% block and the 875% block and the last month of blocks.
Yet the luck for the last 500 blocks, that includes all those, is ... 99.73%

o yes the math always works out as logically expected that's the beauty of math but my statement speaks to the emotion of why people worry more about the negative it is because it CAN be so much worse then the positive can be good  Cheesy

Yeah I mean technically I suppose there is no upper limit to how much work a miner or a pool can do before finding a block, while there is technically a lower limit. Not sure what the luck number would be for a block solved on the first share of work done. Would love to find out though.

But the sample size of the data set of shares is so big that you're unlikely to get into a situation of impossibly high luck over a long term. And if you do, there's probably something else at play, like technical issues or bad actors somewhere.

Anonymous, no-registration, no-frills BCH Mining - http://luckypool.co - Get Lucky Today!
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