KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[baazju]

It's not helping that each pool is reporting info differently.  So what is the maximimum block reward before all fees?  25 bitcoins?  I'm still trying to understand how it's showing 25.98 btc when all I hear is 25 bitcoins per block is the reward minus pool fees and TX fees.

25BTC + TX Fees - Pool Fees.

[1714684798]

1714684798

[1714684798]

1714684798

[1714684798]

1714684798

[1714684798]

1714684798

[nhando]

It's not helping that each pool is reporting info differently.  So what is the maximimum block reward before all fees?  25 bitcoins?  I'm still trying to understand how it's showing 25.98 btc when all I hear is 25 bitcoins per block is the reward minus pool fees and TX fees.

this block had alot of fees..
https://live.blockcypher.com/btc/block/000000000000000008e57759ebf80d3e2771dd97f9bac3f238897bf865f36e25/

TOTAL TRANSACTED
113,578.0427 BTC

TOTAL FEES
0.9829 BTC

Thank you.  Now I understand it.  So Slush is actually including the fees into the Block Value rather than deduct like Kano.  Now you can see how people can easily be confused as there's no standardization.  Ok, no more questions from me before people start screaming. 

[Xunknown]

Thank you.  Now I understand it.  So Slush is actually including the fees into the Block Value rather than deduct like Kano.  Now you can see how people can easily be confused as there's no standardization.  Ok, no more questions from me before people start screaming. 

Just to clarify the block value is always 25BTC + the fees included with the transactions confirmed in that block.  On Kano the value displayed is this amount - the pool fee.  The slush page shows the whole block value BUT miners are not paid off this amount.  Somewhere in the background on Slush the pool fee is deducted and then the remainder is divided up to the miners.  Slush is a little deceptive by using the pre pool fee amount as it could be interpreted by some as the blocks on Slush are higher value.

Just another example of why kano.is is the best pool out there.  Transparency !!!

X

[nhando]

Now time for another BLOCK!  Let's GO!  WOOT!

[dangerdawg]

Transparency is one of nice things about this pool.  It's a big attraction.  You can scarcely get an answer to questions about the pool from some of the others, let alone a straight answer.  Also, many myths are dispelled here.  I like it when we call "Bullshit" on disparaging folk, like Mr. clueless "selfie".     

[kano]

The blocks page shows the block value.

The rewards page shows the miner reward value.

That's seemed to make sense to me when I did that ...
(as per the column headings ...)

Edit: since the current base block reward is 25BTC and I steal 0.9% of that, that would mean that the (current) absolute minimum "Miner Reward" would be ... 24.775BTC
Of course unlike other pool that make up all sorts of bullshit excuses why they generate empty blocks, we don't.
So, so far there has never been a 24.775BTC "Miner Reward", it's always been higher.

[yslyung]

The blocks page shows the block value.

The rewards page shows the miner reward value.

That's seemed to make sense to me when I did that ...
(as per the column headings ...)

Edit: since the current base block reward is 25BTC and I steal 0.9% of that, that would mean that the (current) absolute minimum "Miner Reward" would be ... 24.775BTC
Of course unlike other pool that make up all sorts of bullshit excuses why they generate empty blocks, we don't.
So, so far there has never been a 24.775BTC "Miner Reward", it's always been higher.

" steal " us few more blocks hahaha

[kano]

Stole another one

[kano]

Avalon has shipped the next Avalon6 to our 2nd winner kilowatt
I've added the winning details to the first post
https://bitcointalk.org/index.php?topic=789369.0
as below:

Pool block 488:
https://www.blocktrail.com/BTC/block/396089
Worker: kilowatt.3
Found: 2016-02-01 05:54:54+00
188.492% of expected Difficulty
CDF of 0.848

... and yes the 3rd month competition will be changed a little, and certainly be CDF related

[marvykkio]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

[kano]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

Yes.

[marvykkio]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

Yes.

ok
tnx

[omega015]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

As the pool grows and the hash rate increases and assuming your hash rate stays the same, your rewards will be less BUT the pool is expected to find more blocks so you will get more smaller payments. As kano confirmed, yes your payments are normal and expected.

FYI my rewards are now about 1/4 of what they were 2 months ago, but then we were only getting 1-2 blocks a day where as now we get around 3-5 blocks. (I haven't worked out the average number of daily blocks)


EDIT: I meant 2 months not 3.

[Matias]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

There is more haspower now in the pool, so we find blocks more often, but the blocks are divided to larger audience.

[stonebone]

my gain was 0.031 / 0.032 btc
now it dropped to 0.025btc
it's normal?

Higher pool hash rate = faster block finds = more payouts to be divided by more user hash = lower payouts when your hash rate has not grown at the same percentage like the pool.

So at the end, it does not really matter. The nice thing about the higher pool hash rate is the lower variance (means more regular from a time perspective) in payouts for the individual contributor.

To sum up: Higher pool hash rate = more and more regular but smaller payouts

[marvykkio]

thank you all for the answers

[marvykkio]

blockkkkkkkkkk

[CrashBitz]

Avalon has shipped the next Avalon6 to our 2nd winner kilowatt
I've added the winning details to the first post
https://bitcointalk.org/index.php?topic=789369.0
as below:

Pool block 488:
https://www.blocktrail.com/BTC/block/396089
Worker: kilowatt.3
Found: 2016-02-01 05:54:54+00
188.492% of expected Difficulty
CDF of 0.848

... and yes the 3rd month competition will be changed a little, and certainly be CDF related

Hi kano,
Do you have to register for the competition, or just be mining and be eligible?

Crash

[aarons6]

Avalon has shipped the next Avalon6 to our 2nd winner kilowatt
I've added the winning details to the first post
https://bitcointalk.org/index.php?topic=789369.0
as below:

Pool block 488:
https://www.blocktrail.com/BTC/block/396089
Worker: kilowatt.3
Found: 2016-02-01 05:54:54+00
188.492% of expected Difficulty
CDF of 0.848

... and yes the 3rd month competition will be changed a little, and certainly be CDF related

Hi kano,
Do you have to register for the competition, or just be mining and be eligible?

Crash

it says on the first page you dont have to register but if you mine to an address you have to be able to sign it to verify you are who it belongs to..

[wttbs]

Kano.is found 498 blocks now. How are we gonna celebrate block 500 ??  

I will send 500 satoshi to the finder of Kano CK Pool Block #500, KANO and -CK if every miner on this pool does this they will get a nice bonus. I guess everybody can afford 1500 satoshi to spend.