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Author Topic: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG  (Read 5151325 times)
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clgrissom3
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February 27, 2018, 01:13:32 AM
 #36561

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 Kano Pool, the Best Bitcoin Pool in the World!
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gaud
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February 27, 2018, 01:36:00 AM
 #36562

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...

grrr i got no coupons :/

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
WBF1
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February 27, 2018, 01:39:35 AM
 #36563

Since there seem to be a lot of n00bs here asking about luck and such...

Its worth pointing out bad luck has more of a psychological impact than good luck.

Imagine 3 blocks solved.

Scenario 1 - each block takes 100% of expected work.

Scenario 2 - first block takes 50% of expected luck (high luck), block 2 takes 100% expected work, block 3 takes 150% expected luck

If hash rate stays the same, both scenarios in total take the same amount of time.

But the 150% block seems worse because it's bad luck for a long amount of time (when hashrate is constant, amount of work = amount of time). While the 50% block seems good but not as good as the 150% block is bad, since its good luck but for a short amount of time.

Basically the good times are short and the bad times are long. You gotta think logically and not let emotions confuse you.

Focus on the long term luck stats. And don't shoot yourself in the foot by pool hopping. Just set it and forget it.

Assuming nothing has changed for the worse with the pool back end, kano (and before that kano + -ck... sorry to hear about the disagreements...) this pool is optimised and transparent to the point that it puts its members in the best possible situation to get lucky.

Anonymous, no-registration, no-frills BCH Mining - http://luckypool.co - Get Lucky Today!
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February 27, 2018, 02:39:02 AM
 #36564

Since there seem to be a lot of n00bs here asking about luck and such...

Its worth pointing out bad luck has more of a psychological impact than good luck.

Imagine 3 blocks solved.

Scenario 1 - each block takes 100% of expected work.

Scenario 2 - first block takes 50% of expected luck (high luck), block 2 takes 100% expected work, block 3 takes 150% expected luck

If hash rate stays the same, both scenarios in total take the same amount of time.

But the 150% block seems worse because it's bad luck for a long amount of time (when hashrate is constant, amount of work = amount of time). While the 50% block seems good but not as good as the 150% block is bad, since its good luck but for a short amount of time.

Basically the good times are short and the bad times are long. You gotta think logically and not let emotions confuse you.

Focus on the long term luck stats. And don't shoot yourself in the foot by pool hopping. Just set it and forget it.

Assuming nothing has changed for the worse with the pool back end, kano (and before that kano + -ck... sorry to hear about the disagreements...) this pool is optimised and transparent to the point that it puts its members in the best possible situation to get lucky.

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

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
kano
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February 27, 2018, 03:02:08 AM
 #36565

...
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%

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!
kano
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February 27, 2018, 03:19:40 AM
 #36566

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!
heartlandmining
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February 27, 2018, 03:23:57 AM
 #36567

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
 #36568

510992 payout sent and confirmed Smiley

They get confirmed quickly these days...

I proudly mine at the Kano Pool, the Best Bitcoin Pool in the World!
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February 27, 2018, 03:33:29 AM
 #36569

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
 #36570

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
 #36571

...'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 best ~200PH BTC mining pool (<1% fee): KanoPool (https://kano.is)
***No lost work during the 5Nd PPLNS payout ramp-up***
BSGMiner
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February 27, 2018, 04:13:03 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!!
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 best ~200PH BTC mining pool (<1% fee): KanoPool (https://kano.is)
***No lost work during the 5Nd PPLNS payout ramp-up***
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February 27, 2018, 04:23:24 AM
 #36573

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?





KANO POOL ... THE BEST PLACE TO MINE PERIOD!

BTC: 1nkwjDHsKwrDAi22QSFqA84nscFj6Lhye

Do Something or Do Nothing? I prefer to take the chance!
perfectplus174
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February 27, 2018, 04:38:00 AM
 #36574

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
 #36575

...
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!
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February 27, 2018, 04:52:03 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

MINE ON @ KANOPOOL
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February 27, 2018, 04:59:12 AM
 #36577

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

MINE ON @ KANOPOOL
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February 27, 2018, 05:14:24 AM
 #36578

...'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!!!
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February 27, 2018, 05:17:03 AM
 #36579

...
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

1MNYcr4MoB7uGcvGYxvKzvNqTxHEN7NGaJ btc love me Cheesy
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February 27, 2018, 05:19:17 AM
 #36580

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!!!
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