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Author Topic: [30-400PH] KanoPool kano.is 0.9%fee 3.9of10BTC giveaway 🐈 US,NL,JP,NYA,OR,SG  (Read 5217146 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (2 posts by 2 users deleted.)
Stryfe
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November 28, 2018, 01:57:26 PM
 #43581

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.


This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear.  The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools.  Good luck chasing luck...that usually never works out like folks think it will Smiley

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017  --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if  I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time.  but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

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jimbocuzzi
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November 28, 2018, 04:17:14 PM
 #43582

I still have 15 $55 bitmain coupons for anyone who wants them.
clgrissom3
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November 28, 2018, 04:54:55 PM
Merited by suchmoon (4)
 #43583

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.


This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear.  The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools.  Good luck chasing luck...that usually never works out like folks think it will Smiley

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017  --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if  I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time.  but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

You make a good point and that is exactly how you can make out better on the KanoPool...play the long game.  Mathematically it's the simplest concept you can possibly have.  All pools will hit 100% of the expected blocks they should over time so the only difference between all the pools is 1) pool fees and 2) do they include transaction fees.  Both Kano and Slush pay transaction fees so they are even there.  KanoPool's fee is 0.9% and Slush's fee is 2.0% so over the span of a year you would expect to earn about 1.1% more by mining with Kano and that is holding true.  The math could not be any more basic than that.

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
trev59
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November 28, 2018, 07:16:59 PM
 #43584

KanoPool:     71,432.43THs     Cry
dutchlincoln
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November 28, 2018, 08:15:15 PM
 #43585

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy
clgrissom3
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November 28, 2018, 08:27:23 PM
 #43586

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself Smiley

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
dutchlincoln
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November 28, 2018, 08:40:30 PM
 #43587

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself Smiley

And i think that you are too stupid to operate a calculator....  Grin Grin
 
I know how the pool works, i've been mining nhere for over 6 months...

I'm afraid that you are not capable of understanding that luck on this pool is below average for a very very very long time... Hey, sure, it may differ 1-1.1% in fees, but when another pool comes close(r) to 100% luck (wich is the norm as you state yourself) they still pay more BTC for your hash... Second; when the overall pool hash is so low, it takes much longer to find a block, and kills your 5N rewards when you drop to another pool, as your 5N is already down to zero when the pool eventually finds a block.

So, stop throwing mud, try to better understand what you read, and be a little more respectful okay?  Undecided
dutchlincoln
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November 28, 2018, 08:42:52 PM
 #43588

ps.
It has nothing to do with Kano...
Great guy, responsive, and has a angel's patience...
I am sure there is no better pool operator, definately.
clgrissom3
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November 28, 2018, 08:55:39 PM
 #43589

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself Smiley

And i think that you are too stupid to operate a calculator....  Grin Grin
 
I know how the pool works, i've been mining nhere for over 6 months...

I'm afraid that you are not capable of understanding that luck on this pool is below average for a very very very long time... Hey, sure, it may differ 1-1.1% in fees, but when another pool comes close(r) to 100% luck (wich is the norm as you state yourself) they still pay more BTC for your hash... Second; when the overall pool hash is so low, it takes much longer to find a block, and kills your 5N rewards when you drop to another pool, as your 5N is already down to zero when the pool eventually finds a block.

So, stop throwing mud, try to better understand what you read, and be a little more respectful okay?  Undecided

Yep, I'm too stupid to operate a calculator! Cheesy

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
trev59
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November 28, 2018, 08:55:47 PM
 #43590

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy

I mean the hashrate drop is a pity...nothing more...
SAD!!!        Wink
dutchlincoln
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November 28, 2018, 09:09:06 PM
 #43591

KanoPool:     71,432.43THs     Cry

It seems like i'm not the only one with a calculator...  Cheesy

I mean the hashrate drop is a pity...nothing more...
SAD!!!        Wink

no, why?
Why is the (overall!!) hashrate drop a pitty? It only means more BTC for your Th...

It is a pitty that it effects this pool, true. If it was for me, this pool would have 2Ph!  (omg... Kano would go crazy... Smiley  )
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November 28, 2018, 09:27:10 PM
 #43592

...
luck on this pool is below average for a very very very long time...
...
Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://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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November 28, 2018, 09:36:35 PM
 #43593

...
luck on this pool is below average for a very very very long time...
...
Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.


Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....


2018 November…   53.99%
2018 October           84.71%
2018 September   134.25%
2018 August           95.66%
2018 July                  104.82%
2018 June                   85.60%
2018 May                   98.60%
2018 April                   100.37%
2018 March           143.33%
2018 February           44.10%
2018 January           116.47%
2017 December           99.76%


Avarage of past year: 85,6175%
kano
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November 28, 2018, 09:44:11 PM
 #43594

...
luck on this pool is below average for a very very very long time...
...
Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....

.
.
.

Avarage of past year: 85,6175%
Math fail.
Average for the past year including incomplete November but including December (as you did) is 97% luck
Found 200 Expected 206.53

-

Now I'll educate you on the meaning of a luck %

There have been low luck points in the last 115 weeks and high luck points also.
Alas more low than high.

Same as for this yeah up to October.
But this year those total low and high have averaged out to 101% at the end of October, but taken a dive for November.

So, no you are incorrect.

I wont point out the fact that over all time luck is still 101.5% ... oh wait I just did Tongue

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://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!
BSGMiner
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November 28, 2018, 09:47:50 PM
 #43595


The BTCest mining pool (<1% fee): KanoPool
***PPLNS payouts averaged over the 5Nd to reduce variance***
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November 28, 2018, 09:49:47 PM
 #43596

...
luck on this pool is below average for a very very very long time...
...
Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....
Well then I'll educate you on the meaning of that.

There have been low luck points in the last 115 weeks and high luck points also.
Alas more low than high.

Same as for this yeah up to October.
But this year those total low and high have averaged out to 101% at the end of October, but taken a dive for November.

So, no you are incorrect.

I wont point out the fact that over all time luck is still 101.5% ... oh wait I just did Tongue

ok.
Well, for now i will take my loss then and gamble at a different pool for now for 2% less... Since i switched a few weeks ago, it seems that my personal average might be higher after all then...

And again: nothing personal. Same as current, you just try to explain me, instead of throw mud or anything. I appreciate and respect that. Great example for many others, chapeau, hounestly.
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November 28, 2018, 09:52:43 PM
 #43597

As I edited my post above:

.
.
.

Avarage of past year: 85,6175%
Math fail.
Average for the past year including incomplete November but including December (as you did) is 97% luck
Found 200 Expected 206.53

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://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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November 28, 2018, 09:59:11 PM
 #43598

Now to throw one more point into this Smiley
You CAN average months if you are looking at the PAPPS% number since that is average reward for the month.

So using the months listed on the web site:
2018 November… 53.92%
2018 October 84.93%
2018 September 134.59%
2018 August 95.93%
2018 July 105.36%
2018 June 87.48%
2018 May 99.26%
2018 April 101.19%
2018 March 144.89%
2018 February 44.93%
2018 January 152.40%
2017 December 127.65%

So the average month PAPPS% is 102.7% PPS rewarded Smiley
(including November so far)

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://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!
dutchlincoln
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November 28, 2018, 10:02:22 PM
 #43599

As I edited my post above:

.
.
.

Avarage of past year: 85,6175%
Math fail.
Average for the past year including incomplete November but including December (as you did) is 97% luck
Found 200 Expected 206.53

i just took the average of each month. Added, and devided, so average is correct i presume.

well anyway: when i look at the block performance, i (me, personally) see that theaverage of the past 2 year is 96,68%
Oh, its great that the performance was outrageausly good in 2015, but what good does it do for the current miners? When you calculate the performance from day1 it might be 101,49% indeed, but the past 2 years it didn't, and it seems to be declining only... Last year:92,65% so, thats everyone that started in november 2017, right? (60 weeks average...)

i dont want to throw mud or anything, dont get me wrong. (i didnt start the numbers actually, in respect to Kanopool...)
dutchlincoln
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November 28, 2018, 10:13:11 PM
 #43600

Now to throw one more point into this Smiley
You CAN average months if you are looking at the PAPPS% number since that is average reward for the month.

So using the months listed on the web site:
2018 November… 53.92%
2018 October 84.93%
2018 September 134.59%
2018 August 95.93%
2018 July 105.36%
2018 June 87.48%
2018 May 99.26%
2018 April 101.19%
2018 March 144.89%
2018 February 44.93%
2018 January 152.40%
2017 December 127.65%

So the average month PAPPS% is 102.7% PPS rewarded Smiley
(including November so far)

Right is right and wrong is wrong: Calculated it, and true as it can be, i admit.
I just looked at luck.



(this, by the way, is what i appreciate about you personally. Thx.)




i'm working on some extra hash. I might add it again. I'll consider.  Wink
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