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Author Topic: [~220PH] KanoPool kano.is 0.9% fee 4.8of 10BTC giveaway 🐈 US,UK,JP,NYA,OR,DE,SG  (Read 5179479 times)
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dutchlincoln
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April 09, 2018, 06:14:28 PM
 #39141

No rewards past 3 days...  Angry


i have to admit that its a hard bite to mine here.... Past week got me profit of one day mining at nicehash....
Hope to see better within next week, or i'll put all of them back to nicehash again... Sorry..

Not sure you understand how this pool works.  We had an incredibly lucky last month, and now things are returning to the mean.   

BTW, if you go back to NiceHash, you'll be making even less than you did here.   Simple math.


MINE ON WITH KANO-SAN!

i dont do math, fiction, promises and spells. I like to be sure, so i mined for one month full power on nocehash als devided my nett profit by the days i mined, so i know what i earn for a day. I am confident to say that (up til now) it is WAY more than i earned over here.
But as stated, ill leave it for another week and check the regular payouts. It should go (way) up...

we'll see.

And yes, i know what the 5n3q2xyz and pplnsbla thing is..

So you are going to compare a month of mining on NH to 2 weeks here on Kano?  I must be missing the logic somewhere Huh

Am i so smart, or are.....

c'mon, its not rocket science... Just read. One month of hashing profit devided by the days of hashing is revenue per day, right?
If you know this, you can compare everything (ok. minus 1-2% diff. increase..)

NATURALLY you dont compare a month of mining on "A" with 2 weeks mining at "B"...  (did i really just explained that??  Huh )
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dutchlincoln
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April 09, 2018, 06:21:39 PM
 #39142

Can't use logic, some people think Antminers are Magic money printing machines Smiley
That always baffled me.

Whenever I hear people complaining about anything less than 6 months ROI, I just shake my head. I mean if I made a machine that printed $100 every day, and every two weeks it printed a little less. I wouldn't part with it, for less than what I thought I could make with it for at least the next year or two.

The fact that ASIC mfg's continue to sell machines to us still amazes me. I understand that in the beginning they had to recoup startup/R&D costs, but now Bitmain is rolling in cash and Avalon ain't doing too bad either. I would have thought they would all have become like Bitfury by now and just fill their own farms.

easy to explain....
If you make a product that cost you $300 and sell it for $2300, you make $2000 instantly. (your buyer needs 6 months of ROI, and another 6 months to have the same profit you do.)
YOU manufacture the next batch within 2-4 weeks for $300 each, and start the same game again.

One year later: who made the most profit?  Cheesy


logic?  Cool
rifleman74
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April 09, 2018, 06:26:41 PM
 #39143



Am i so smart, or are.....

c'mon, its not rocket science... Just read. One month of hashing profit devided by the days of hashing is revenue per day, right?
If you know this, you can compare everything (ok. minus 1-2% diff. increase..)

NATURALLY you dont compare a month of mining on "A" with 2 weeks mining at "B"...  (did i really just explained that??  Huh )


But you were comparing it on your very first post.   
rifleman74
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April 09, 2018, 06:30:28 PM
 #39144

And there goes away some of the hash.    Crack this block and get onto the next one!



MINE ON WITH KANO-SAN! 
dutchlincoln
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April 09, 2018, 06:34:01 PM
 #39145




But you were comparing it on your very first post.   

dont want to be nitpicking but read it again...
rifleman74
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April 09, 2018, 06:39:21 PM
 #39146


dont want to be nitpicking but read it again...



No rewards past 3 days...  Angry


i have to admit that its a hard bite to mine here.... Past week got me profit of one day mining at nicehash....
Hope to see better within next week, or i'll put all of them back to nicehash again... Sorry..



You're comparing right there.    
nazzer
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April 09, 2018, 06:52:01 PM
 #39147

And there goes away some of the hash.    Crack this block and get onto the next one!

And yet, I'm sitting at rank ~80 ...

Seems like the larger miners moving here, a lot of smaller miners (i.e. those that expect being paid per share a.k.a. NiceHashers) can't take the 200% blocks and 7++ days of ramping up.

Edit: or it could be that Kanopool is not yet fully recovered ...

Edit: Hash is back up ... most likely a node failure/failover somewhere Smiley

Mining on Kano Pool with 10 x S9 | 11 x GTX1070 | 10 x 1050Ti | 1 x L3+
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April 09, 2018, 06:59:21 PM
 #39148

I will say this for the new members: toss out the "pay by day" mining calculator. Think in terms of weeks and months, and don't start doubting your rewards during the ramp. I can say this, because I was in those shoes as well. For every day there isn't a block found, there are days when multiple get found. It at times, can feel like you are walking on the edge of a sword during the ramp. Stay strong, and stick it out.

Also, concerning the lower rewards since our hashrate increase: more hashrate = more frequent blocks found. We are gaining more hashrate, and the goal is getting closer. Nobody will be doubtful when we are busting a block a day.

The bottom line is, this is mining. No matter where you choose to contribute, there will be times of trial. That is the nature of the beast!!!
This pool has the best pool operator in the industry,  and keeps getting better by the minute. Bamm!!!

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 ■
rifleman74
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April 09, 2018, 07:06:31 PM
 #39149

And there goes away some of the hash.    Crack this block and get onto the next one!

And yet, I'm sitting at rank ~80 ...

Seems like the larger miners moving here, a lot of smaller miners (i.e. those that expect being paid per share a.k.a. NiceHashers) can't take the 200% blocks and 7++ days of ramping up.

Edit: or it could be that Kanopool is not yet fully recovered ...

Edit: Hash is back up ... most likely a node failure/failover somewhere Smiley

I moved up 4-5 spots, granted I can move around that much on simple hash variation but I saw that one pretty quickly. 
nazzer
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April 09, 2018, 07:11:45 PM
 #39150

Also, concerning the lower rewards since our hashrate increase: more hashrate = more frequent blocks found. We are gaining more hashrate, and the goal is getting closer. Nobody will be doubtful when we are busting a block a day.

Payouts says: The pool hash rate for the last day is roughly 152.59PHs which means the 5Nd 'ramp' is roughly 5days 17hrs.

We're almost to the mythical Block a Day!

Mining on Kano Pool with 10 x S9 | 11 x GTX1070 | 10 x 1050Ti | 1 x L3+
dutchlincoln
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April 09, 2018, 07:26:55 PM
 #39151

Also, concerning the lower rewards since our hashrate increase: more hashrate = more frequent blocks found. We are gaining more hashrate, and the goal is getting closer. Nobody will be doubtful when we are busting a block a day.

Payouts says: The pool hash rate for the last day is roughly 152.59PHs which means the 5Nd 'ramp' is roughly 5days 17hrs.

We're almost to the mythical Block a Day!

I really would love it if it is true. Im a newbie here, so correct me if im wrong, but my hashrate is approx. 135 Th, and avg (8 days later) in my graph is at 92. so, 2/3th. Am i correct if i say that this SHOULD be 135 by now already?

Dont get me wrong, i dont need a daily payout, as im mining for mid to long term anyway, but i DO want the highest profit that is possible with my equipment. All things said; it makes or breaks if it is wise to buy more miners or not, and i would like to know it as fast as possible... Doesnt sound strange i guess..?
rifleman74
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April 09, 2018, 07:34:16 PM
 #39152

Also, concerning the lower rewards since our hashrate increase: more hashrate = more frequent blocks found. We are gaining more hashrate, and the goal is getting closer. Nobody will be doubtful when we are busting a block a day.

Payouts says: The pool hash rate for the last day is roughly 152.59PHs which means the 5Nd 'ramp' is roughly 5days 17hrs.

We're almost to the mythical Block a Day!

I really would love it if it is true. Im a newbie here, so correct me if im wrong, but my hashrate is approx. 135 Th, and avg (8 days later) in my graph is at 92. so, 2/3th. Am i correct if i say that this SHOULD be 135 by now already?

Dont get me wrong, i dont need a daily payout, as im mining for mid to long term anyway, but i DO want the highest profit that is possible with my equipment. All things said; it makes or breaks if it is wise to buy more miners or not, and i would like to know it as fast as possible... Doesnt sound strange i guess..?


The graph calculation line is the entire length, of which you haven't been here the entire time.  All that matters is the red area.  If you've been here for 8 days, you're in at 100% (Assuming no blips on your end).

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April 09, 2018, 07:39:14 PM
 #39153

Also, concerning the lower rewards since our hashrate increase: more hashrate = more frequent blocks found. We are gaining more hashrate, and the goal is getting closer. Nobody will be doubtful when we are busting a block a day.

Payouts says: The pool hash rate for the last day is roughly 152.59PHs which means the 5Nd 'ramp' is roughly 5days 17hrs.

We're almost to the mythical Block a Day!

I really would love it if it is true. Im a newbie here, so correct me if im wrong, but my hashrate is approx. 135 Th, and avg (8 days later) in my graph is at 92. so, 2/3th. Am i correct if i say that this SHOULD be 135 by now already?

Dont get me wrong, i dont need a daily payout, as im mining for mid to long term anyway, but i DO want the highest profit that is possible with my equipment. All things said; it makes or breaks if it is wise to buy more miners or not, and i would like to know it as fast as possible... Doesnt sound strange i guess..?

Graph is longer than 5Nd, just to confuse you. If you've been here more than 7 days you should be expecting full rewards.

Unfortunately, nobody can tell you the future - the expected income you can estimate with: http://tradebtc.net/bitcalc.php

Of course, the above is assuming 100% luck - you can see on the blocks page that luck ~100% over the long term.


Mining on Kano Pool with 10 x S9 | 11 x GTX1070 | 10 x 1050Ti | 1 x L3+
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April 09, 2018, 08:44:24 PM
 #39154

Just added another 841 to the pool. I gotta say, they are a very nice piece of equipment!!! I'm slowly, but surely adding to my hobby farm.
I hope Canaan drops the price again, so i can score a couple more!!!

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 ■
wavelengthsf
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April 09, 2018, 08:50:32 PM
 #39155


Dont get me wrong, i dont need a daily payout, as im mining for mid to long term anyway, but i DO want the highest profit that is possible with my equipment. All things said; it makes or breaks if it is wise to buy more miners or not, and i would like to know it as fast as possible... Doesnt sound strange i guess..?

That's not strange at all. With Nicehash, you're starting off at a 30% loss because of the fees they take out. Their prices are a little over to what the miner would make otherwise not renting to them, and they take 30% from that. So you're effectively mining at a pool with 30% fees, but its truly pay per share, and you don't have to find blocks.

With a real pool, you only get paid when we find a block. The hash rate of the pool and your miner equal your expected rewards over a long sample. Every pool has the same expected payout there. The only thing you can do, then, is focus on the pool with the lowest fee that has the highest block find rate based on your tolerance. Kano is that pool for me - at almost a block a day, I get steady income between the difficulty adjustments. Other pools with no fees would get me a higher per block reward, but fewer blocks, due to their low overall hash rate.  
clgrissom3
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April 09, 2018, 10:15:23 PM
 #39156

Block by bluelagoon!  This is our 1st of BLOCK MONDAY! Cheesy

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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April 09, 2018, 10:16:19 PM
 #39157

bluelagoon's 3rd block! Woot
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April 09, 2018, 10:16:30 PM
 #39158

Block by bluelagoon!

NOOO   A  Block Block Blooooccckkkkk
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April 09, 2018, 10:22:56 PM
 #39159

Yay, block!

The best ~200PH BTC mining pool (<1% fee): KanoPool
***PPLNS payouts averaged over the 5Nd to reduce variance***
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April 09, 2018, 10:33:09 PM
 #39160

BTCamm!!! Thanx bluelagoon!!! Bring on another!!!

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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