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Author Topic: [~40PH] KanoPool kano.is 0.9% fee 4.3of 10BTC giveaway 🐈 US,UK,JP,NYA,OR,DE,SG  (Read 5187860 times)
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clgrissom3
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March 09, 2018, 08:50:39 PM

Time for a good old fashioned BLOCK FRIDAY! Cheesy

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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kano
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March 09, 2018, 11:05:11 PM

The miner exists, that's not the problem here.  It's how well it performs on a pool with asicboost enabled vs not.  

It will not run without ASICBOOST on the pool. It is hardcoded into the miner driver. You can only run the Dragon miner on pools that support the stratum changes that ASICBOOST needs. You can read the speculation thread - they hacked the driver to force it to hash at a non-AB pool, and it did something like 4 TH.

well if they starat building them that way i guess all the pools will need asic boost
Well - there clearly aren't that many in existence at the moment ... most likely none ...

Since the beginning of the year there are only 12 blocks (out of 10809) that have a version that isn't 0x20000000

All of those 12 have a version of 0x20000012 and they were all empty blocks mined by BTC.TOP (eleven) and Canoe (one)
All being empty probably means they are Covert AsicBoost, or just the usual crap empty blocks by most pools - most pools still do mine empty blocks - even slush does.

FYI the 12 blocks this year are:
Code:
2018-01-01 13:48:00.356487 UpdateTip: new best=0000000000000000003bdcf6918edfcd97a9059263fd395825ed4d9893875523 height=502051 version=0x20000012 log2_work=87.776815 tx=287971508 date='2018-01-01 13:48:08' progress=1.000000 cache=3.0MiB(583tx) warning='1 of last 100 blocks have unexpected version'
2018-01-02 01:17:44.789560 UpdateTip: new best=00000000000000000057bcaaacb218fbd38c347dc73a950f61716e65160ed05c height=502126 version=0x20000012 log2_work=87.780196 tx=288101441 date='2018-01-02 01:17:50' progress=1.000000 cache=65.5MiB(61582tx) warning='2 of last 100 blocks have unexpected version'
2018-01-06 06:46:54.058780 UpdateTip: new best=00000000000000000021d2d4b838670a1a970e69d7330827e10a704225a3cde2 height=502803 version=0x20000012 log2_work=87.810363 tx=289686857 date='2018-01-06 06:46:58' progress=1.000000 cache=174.1MiB(133700tx) warning='1 of last 100 blocks have unexpected version'
2018-01-08 16:53:38.192066 UpdateTip: new best=00000000000000000011b4db68e2f052572fdfd93c8293257b7727429f5418b9 height=503198 version=0x20000012 log2_work=87.827676 tx=290543710 date='2018-01-08 16:53:45' progress=1.000000 cache=134.1MiB(122466tx) warning='1 of last 100 blocks have unexpected version'
2018-01-13 11:23:36.181593 UpdateTip: new best=000000000000000000169ae5a9eed6972a2ed1322d57c818f977f05f16a08c2a height=504027 version=0x20000012 log2_work=87.863534 tx=292134843 date='2018-01-13 11:13:50' progress=0.999994 cache=175.6MiB(137947tx) warning='1 of last 100 blocks have unexpected version'
2018-01-19 22:29:39.877408 UpdateTip: new best=0000000000000000001213ccd3c8bb82048b3836ba146eb1e7f36fa30c65fa34 height=505058 version=0x20000012 log2_work=87.913219 tx=293939811 date='2018-01-19 22:29:56' progress=1.000000 cache=76.6MiB(31554tx) warning='1 of last 100 blocks have unexpected version'
2018-01-30 00:30:21.372304 UpdateTip: new best=000000000000000000292ecd5467e96309d28c7dedcda3480d658182d64cb204 height=506736 version=0x20000012 log2_work=87.996037 tx=296280252 date='2018-01-30 00:30:25' progress=1.000000 cache=135.2MiB(51183tx) warning='1 of last 100 blocks have unexpected version'
2018-02-07 23:51:20.353495 UpdateTip: new best=0000000000000000001084f4ca958301230dd738362455ecabb0d17f6daed056 height=508175 version=0x20000012 log2_work=88.070093 tx=298253147 date='2018-02-07 23:51:26' progress=1.000000 cache=148.2MiB(34809tx) warning='1 of last 100 blocks have unexpected version'
2018-02-21 12:54:18.724562 UpdateTip: new best=00000000000000000046850487510041a397a9e30934eab85864bd2fb2aa3179 height=510240 version=0x20000012 log2_work=88.179539 tx=300706266 date='2018-02-21 12:54:23' progress=1.000000 cache=182.5MiB(41535tx) warning='1 of last 100 blocks have unexpected version'
2018-02-28 01:19:53.290623 UpdateTip: new best=00000000000000000048a93ce52112aa8608f21f2f30961b75c413bf5d939e0c height=511243 version=0x20000012 log2_work=88.231904 tx=301894656 date='2018-02-28 01:19:59' progress=1.000000 cache=116.0MiB(23757tx) warning='1 of last 100 blocks have unexpected version'
2018-02-28 02:31:52.265986 UpdateTip: new best=00000000000000000042a0ea923a2104b82283ff5df4a1cacd323a39d043c2b7 height=511255 version=0x20000012 log2_work=88.232519 tx=301904432 date='2018-02-28 02:31:59' progress=1.000000 cache=104.4MiB(23438tx) warning='2 of last 100 blocks have unexpected version'
2018-03-03 15:06:20.072255 UpdateTip: new best=00000000000000000029678c12cbff2e550159b758714ef1ccbe2b0eca7d5eda height=511824 version=0x20000012 log2_work=88.26139 tx=302608191 date='2018-03-03 15:06:25' progress=1.000000 cache=119.0MiB(19782tx) warning='1 of last 100 blocks have unexpected version'

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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March 09, 2018, 11:16:58 PM

It has been fun mining with you guys. I'll unfortunately probably be pointing my few TH back at Slush sometime in the next few days (until next winter or Kano finishes the accounting code).

Reason has nothing to do with being unhappy with the pool but is rather because I run obsolete bitcoin miners in the winter for heat and in the summer to soak up excess solar power off a solar array. With the weather warming up I'll soon be below dust level.

Good luck to all. Smiley
Good luck helping them mine empty blocks Cheesy

slush's last empty block was a week ago:
https://btc.com/0000000000000000000d637d922588b7d30c85fd35d87b42ef86a8ce9609764e

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
Rabinovitch
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March 09, 2018, 11:24:50 PM

Good luck helping them mine empty blocks Cheesy


The majority of people don't care about empty blocks, about bitcoin's network "health" and the future of the cryptocurrencies in general. All they need from mining are regular payouts. That's why they prefer Antpool and other Chinese crap. That's why every little miner is important here at your pool. Not only those who was lucky enough in this embodiment to deploy 5 or more Phs of hashing power... That's why I was talking about at least little additional reward for blockfinder even with 20-30 Th, as soon as you decided to attract more hashing power here.

Argh...  And I wrote a complex php script using curl to "log in" to my S9 / D3 miners to monitor and reboot them.  An api would have been much easier!  Are there reference docs that are easy to find on the web?  Bitmain's site does not have a lot of help documents that I could find.

Is your script for sale or you can share it with the community without charge?

From Siberia with love!
Never do any business with Kirill Stepanenko (Volgograd, Russia)
Пpoфeccиoнaльнo зaнимaюcь paзвёpтывaниeм фepм (ASIC, GPU, BURST), oбopyдoвaниeм пoмeщeний для мaйнингa.
kano
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March 09, 2018, 11:41:07 PM

To restart a Bitmain miner using linux wget Smiley

Code:
wget --timeout=10 --tries=1 --user=root --password=$pass -O - http://$ip/cgi-bin/reboot.cgi

$pass is the miner password
$ip is the IP address of the miner

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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March 10, 2018, 12:41:55 AM

Added a 4th S9, (sorry I too hate shitmain), any future improvements will be Canaan. Mine on. Thank you Kano for all your hard work.
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March 10, 2018, 01:47:20 AM

It has been fun mining with you guys. I'll unfortunately probably be pointing my few TH back at Slush sometime in the next few days (until next winter or Kano finishes the accounting code).

Reason has nothing to do with being unhappy with the pool but is rather because I run obsolete bitcoin miners in the winter for heat and in the summer to soak up excess solar power off a solar array. With the weather warming up I'll soon be below dust level.

Good luck to all. Smiley
Good luck helping them mine empty blocks Cheesy

slush's last empty block was a week ago:
https://btc.com/0000000000000000000d637d922588b7d30c85fd35d87b42ef86a8ce9609764e

Give me a rational reason to stick around once my average hashrate drops below half a Terrahash and I値l stay - like I said I値l be back at some point. Wink I prefer to mine on whichever pool I feel contributes the most to the network - but do like to get paid occasionally. Even at my highest hashrate when all my miners were running, I have wondered at times if I was leaching more from this pool than I was contributing - given the transaction fee cost of sending a few dollars worth of bitcoin after every block.
WBF1
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March 10, 2018, 02:10:19 AM

Kano-

On one of my pools or miners i used to track highest difficulty share mined per second or something and chart it on a graph.

I know itd be pointless, but maybe a fun way to "pass the time" to show a graph like that. Plus then we could all get angry about how close we get to solving a block.

Just an idea I had anyway.

If the data was available thru an api I could throw something together.

Anonymous, no-registration, no-frills BCH Mining - http://luckypool.co - Get Lucky Today!
kano
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March 10, 2018, 02:53:43 AM

Kano-

On one of my pools or miners i used to track highest difficulty share mined per second or something and chart it on a graph.

I know itd be pointless, but maybe a fun way to "pass the time" to show a graph like that. Plus then we could all get angry about how close we get to solving a block.

Just an idea I had anyway.

If the data was available thru an api I could throw something together.
I don't track or store the 'current' 'best share' on purpose Smiley
If you submit 1000 valid shares, and your work difficulty is X, every one of those shares is worth X, no matter how high the difficulty is.
As long as they are X or more, they are worth X.
This is how all reasonable and fair payout systems work.

Any other valuation of shares adds yet more variance to your rewards and allows people to take advantage of that.

Many people look at the "best share" value and assume it means something, when in fact it means nothing at all ... unless it's a block.

You miner knows it's "best share" if you are curious to see what it is.

However, I do store every share above a limit for my regular statistical analysis, but no I wont be showing graphs of that.

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!
gaud
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March 10, 2018, 02:57:07 AM

Kano-

On one of my pools or miners i used to track highest difficulty share mined per second or something and chart it on a graph.

I know itd be pointless, but maybe a fun way to "pass the time" to show a graph like that. Plus then we could all get angry about how close we get to solving a block.

Just an idea I had anyway.

If the data was available thru an api I could throw something together.
I don't track or store the 'current' 'best share' on purpose Smiley
If you submit 1000 valid shares, and your work difficulty is X, every one of those shares is worth X, no matter how high the difficulty is.
As long as they are X or more, they are worth X.
This is how all reasonable and fair payout systems work.

Any other valuation of shares adds yet more variance to your rewards and allows people to take advantage of that.

Many people look at the "best share" value and assume it means something, when in fact it means nothing at all ... unless it's a block.

You miner knows it's "best share" if you are curious to see what it is.

However, I do store every share above a limit for my regular statistical analysis, but no I wont be showing graphs of that.

to simplify "close only counts in horseshoes and hand grenades " Cheesy
Coltcaine
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March 10, 2018, 03:04:31 AM

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance
gaud
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March 10, 2018, 03:05:10 AM

It has been fun mining with you guys. I'll unfortunately probably be pointing my few TH back at Slush sometime in the next few days (until next winter or Kano finishes the accounting code).

Reason has nothing to do with being unhappy with the pool but is rather because I run obsolete bitcoin miners in the winter for heat and in the summer to soak up excess solar power off a solar array. With the weather warming up I'll soon be below dust level.

Good luck to all. Smiley
Good luck helping them mine empty blocks Cheesy

slush's last empty block was a week ago:
https://btc.com/0000000000000000000d637d922588b7d30c85fd35d87b42ef86a8ce9609764e

Give me a rational reason to stick around once my average hashrate drops below half a Terrahash and I値l stay - like I said I値l be back at some point. Wink I prefer to mine on whichever pool I feel contributes the most to the network - but do like to get paid occasionally. Even at my highest hashrate when all my miners were running, I have wondered at times if I was leaching more from this pool than I was contributing - given the transaction fee cost of sending a few dollars worth of bitcoin after every block.

cant say as i understand why u shutting em all down to begin with ? solar power is infinite once u have it installed and as i understand it deterioration of solar panels is a function of time more then use.if they generate to much heat make yer self cooler boxes to muffle sound and do a great job of controlling heat (one of these https://www.youtube.com/watch?v=HhNS2ElN5Mk)
gaud
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March 10, 2018, 03:11:01 AM

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance

closer to 3 weeks now. and by ramp up it simply means there is a much larger time frame looked at when calculating your fair share of the block basically looks at last 3 weeks and calculates your % input compared to everyone else and thats how much of the block u get. this help keep people from pool jumping and smooths things out if u have internet down for a day or issues it will go largely unnoticed in your pay (within reason). pay per TH depends on the block size and the total hash of everyone in the pool at the time as i understand it (again if your fully invested over the last 19 days i think  is the exact number someone better at math might be able to pull that out fer u.)
clgrissom3
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March 10, 2018, 04:07:15 AM
Merited by suchmoon (1)

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance.  Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payouts work?

The 5Nd "ramp" means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.
  
On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.
 
On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  It goes on and on like that until all of the value of the shares you summitted are paid in full.  

That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of the 5Nd payout model because the it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.

If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hits a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit. Grin

EDIT 3/10/2018:

Go here and look down the page for the section "PPLNS acts like the reward 'ramps up' when you first start mining" to see the current ramp time span.

https://www.kano.is/index.php?k=payout

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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March 10, 2018, 04:14:32 AM

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payouts work?

The 5Nd means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.  On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid.  That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of the 5Nd payout model because the it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hits a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit. Grin

The pool hash rate for the last day is roughly 54.94PHs which means the 5Nd 'ramp' is roughly 14days 21hrs right now.

ok that makes sense now but if i have 1 th/s and kano pool finds 5 blocks in a month what would my estimated payout be for the month?
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March 10, 2018, 04:15:13 AM

It has been fun mining with you guys. I'll unfortunately probably be pointing my few TH back at Slush sometime in the next few days (until next winter or Kano finishes the accounting code).

Reason has nothing to do with being unhappy with the pool but is rather because I run obsolete bitcoin miners in the winter for heat and in the summer to soak up excess solar power off a solar array. With the weather warming up I'll soon be below dust level.

Good luck to all. Smiley
Good luck helping them mine empty blocks Cheesy

slush's last empty block was a week ago:
https://btc.com/0000000000000000000d637d922588b7d30c85fd35d87b42ef86a8ce9609764e

Give me a rational reason to stick around once my average hashrate drops below half a Terrahash and I値l stay - like I said I値l be back at some point. Wink I prefer to mine on whichever pool I feel contributes the most to the network - but do like to get paid occasionally. Even at my highest hashrate when all my miners were running, I have wondered at times if I was leaching more from this pool than I was contributing - given the transaction fee cost of sending a few dollars worth of bitcoin after every block.

cant say as i understand why u shutting em all down to begin with ? solar power is infinite once u have it installed and as i understand it deterioration of solar panels is a function of time more then use.if they generate to much heat make yer self cooler boxes to muffle sound and do a great job of controlling heat (one of these https://www.youtube.com/watch?v=HhNS2ElN5Mk)

Solar power is being used for other things - like running irrigation pumps. I only mine when there is a surplus...as we are not set up to feed it back into the grid.
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March 10, 2018, 04:42:38 AM

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payouts work?

The 5Nd means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.  On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid.  That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of the 5Nd payout model because the it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hits a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit. Grin

The pool hash rate for the last day is roughly 54.94PHs which means the 5Nd 'ramp' is roughly 14days 21hrs right now.


i dont know what happened but this explanation hit me in the right spot and i can see clearly now how it works Grin. dont ask me to explain it myself but i got it now. only six month later  Tongue

230TH Mining For Kano!!!
gaud
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March 10, 2018, 04:56:32 AM

I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment.  Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payouts work?

The 5Nd means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.  On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid.  That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of the 5Nd payout model because the it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hits a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit. Grin

The pool hash rate for the last day is roughly 54.94PHs which means the 5Nd 'ramp' is roughly 14days 21hrs right now.


i dont know what happened but this explanation hit me in the right spot and i can see clearly now how it works Grin. dont ask me to explain it myself but i got it now. only six month later  Tongue

lol glad u got it this is what i thought at first b4 everyone started explaining it to you so i adapted now im confused again lol. and i thought the ramp up increased with the recent difficulty increase i guess im lost with that too. all and all whatever shows up shows up Cheesy. it is good to know i only got 5 and a half months left to go b4 i understand though Tongue
clgrissom3
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March 10, 2018, 05:23:49 AM


...snip...

ok that makes sense now but if i have 1 th/s and kano pool finds 5 blocks in a month what would my estimated payout be for the month?

Use Kano's calculator to do your what if calculations Grin

http://tradebtc.net/bitcalc.php

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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March 10, 2018, 06:30:29 AM

Kano- do you think you'd make the stratum changes on this pool to support the new overt ASICBOOST?
Not before getting access to one.
I'm not stupid enough to assume any code is just going to work when created by a certain person who loses blocks on his pools and calls that 'misfortune'
Testing properly is a way to avoid that Tongue
But hackers usually have no idea about such things.
Experience tells you otherwise.

So if they don't actually exist ... then no they wont be supported Cheesy

I ordered one - so if I get it, I'd be open to sending it to you to test / integrate (and trust you'd send it back Smiley )
No need to send it to me - just to point it somewhere and let me test it properly and see what happens.
So ... I'm setting up a new node in South Africa and I thought ... well it won't hurt to see what happens if I run the latest git code for that ...
LOL core dumped, crashed before it even connected to anything ...
... how unexpected ... NOT Smiley
No problem of course, switched back to my earlier version ... runs ok.

Looks like that AsicBoost testing will also be fixing already known bad code.

I'll mention about the new node for anyone close to it, after I've let it run for a while and see how it performs in that remote part of the planet ...

Thanks for this Kano B-) moved over about 122Th to the South Africa node to "test" will move the rest of in the next few days.

MINE ON!!!
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