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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2437 blocks  (Read 5350865 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. (50 posts by 3+ users deleted.)
kano (OP)
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August 30, 2015, 11:32:52 AM
 #4481

CKDB restart coming up in a minute.
No miners affected as usual for a ckdb restart (i.e. no pool restart)

Updates you'll see on the web site:
1) The shifts page now also shows how many times each shift has been rewarded -
i.e. how many blocks found on or after the shift inside the 500% limit after that shift
Remember the expected average is ~5 (a little bit above 5 due to the last shift in each payout pushing the 5Nd up on average half a shift)
Of course current shifts will be 0, 1, ... increasing as you go back past each block found
2) The Rewards page includes a truncated UTC date stamp for the block
3) The block statistics table includes an Age field showing how far back that statistic extends from when the last pool block was found
So that also means the time taken to find the last 5, 10, 25, 50, all blocks.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
lucky1974
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August 30, 2015, 02:50:54 PM
 #4482

now all we need is to find a block. 80 hours already and no block.
sloopy
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August 31, 2015, 12:16:49 AM
 #4483

CKDB restart coming up in a minute.
No miners affected as usual for a ckdb restart (i.e. no pool restart)

Updates you'll see on the web site:
1) The shifts page now also shows how many times each shift has been rewarded -
i.e. how many blocks found on or after the shift inside the 500% limit after that shift
Remember the expected average is ~5 (a little bit above 5 due to the last shift in each payout pushing the 5Nd up on average half a shift)
Of course current shifts will be 0, 1, ... increasing as you go back past each block found
2) The Rewards page includes a truncated UTC date stamp for the block
3) The block statistics table includes an Age field showing how far back that statistic extends from when the last pool block was found
So that also means the time taken to find the last 5, 10, 25, 50, all blocks.

This is very good stuff.
I have got to start my own FAQ of Kano notes so I can keep up with these things.

Thank you sir!

By the way, sometimes when you say there is a restart but you do not expect there to be failovers...
What is the difference between those of us who do failover, and the ones who do not?

Transaction fees go to the pools and the pools decide to pay them to the miners. Anything else, including off-chain solutions are stealing and not the way Bitcoin was intended to function.
Make the block size set by the pool. Pool = miners and they get the choice.
kano (OP)
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August 31, 2015, 01:06:23 AM
 #4484

...
By the way, sometimes when you say there is a restart but you do not expect there to be failovers...
What is the difference between those of us who do failover, and the ones who do not?
The pool wont cause a failover if I don't restart ckpool.

The pool is basically made up of 2 main parts:
1) ckpool that you mine to
2) ckdb that manages all the ckpool data, db, payouts etc and the web interface data/php

Restarting ckdb doesn't affect ckpool connections (except in rare unexpected circumstances)

If I restart ckpool, some will failover but most will not.
On a restart, ckpool passes the connections from the old one to the new one, but it's not 100% guaranteed every connection will survive this.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
dog1965
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August 31, 2015, 04:06:58 AM
 #4485

hmmmm 94 hours and still no block.


kano (OP)
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August 31, 2015, 04:19:47 AM
 #4486

hmmmm 94 hours and still no block.

Add in another 4.5PH and it would have been ~24hrs so far Smiley
Slow blocks are ... slow Smiley

Anyone got 4.5PH lying around?

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
dog1965
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August 31, 2015, 05:04:17 AM
 #4487

hmmmm 94 hours and still no block.

Add in another 4.5PH and it would have been ~24hrs so far Smiley
Slow blocks are ... slow Smiley

Anyone got 4.5PH lying around?
your right i just hope it will be rewarding to wait.

dog1965
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August 31, 2015, 05:25:59 PM
 #4488

hmmmm, the pool was doing great and now this 107 hours no block. it really must be a huge block.


Ecnad
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August 31, 2015, 05:50:23 PM
 #4489

We had a good run of blocks the other day, we were due for a slow one.
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August 31, 2015, 05:58:43 PM
 #4490

hmmmm 94 hours and still no block.

Add in another 4.5PH and it would have been ~24hrs so far Smiley
Slow blocks are ... slow Smiley

Anyone got 4.5PH lying around?
If we pitched in on this set up we could add another 4.5PH to the pool https://bitcointalk.org/index.php?topic=1167388.msg12291911#msg12291911  Wink

Mikestang
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August 31, 2015, 06:29:23 PM
 #4491

hmmmm 94 hours and still no block.

Add in another 4.5PH and it would have been ~24hrs so far Smiley
Slow blocks are ... slow Smiley

Anyone got 4.5PH lying around?
If we pitched in on this set up we could add another 4.5PH to the pool https://bitcointalk.org/index.php?topic=1167388.msg12291911#msg12291911  Wink

I'd rather have 100 S7s, your electricity bill would be much, much less. Cheesy
VirosaGITS
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August 31, 2015, 07:04:28 PM
 #4492

Those miners would only be of interesting if you shipped and hosted them in some private datacenter located in like Québec or China. At 0.02$/kWh this could be very yummy.

Naw we just need to find a way for people to come to Kano. With its great payout i'm not sure why its so deserted. People flock to bigger pools for more stable daily payouts?


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Kexkey
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August 31, 2015, 09:27:45 PM
 #4493

Those miners would only be of interesting if you shipped and hosted them in some private datacenter located in like Québec or China. At 0.02$/kWh this could be very yummy.

Well I'm in Quebec and electricity is not that cheap.  It's more around 0.08$/kWh.  I wish it was 0.02$ though...  Smiley


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dog1965
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August 31, 2015, 10:10:52 PM
 #4494

Bitmain needs some major competition so the S7's price comes down and we can mine on kano's pool and put a end to these big company's Centralized pools they don't need Bitcoin anyway when they already have millions. Its like everything else in life the rich and greedy take over everything.

 
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August 31, 2015, 10:17:01 PM
 #4495

Ik did put some 7Ths in CKpoolin on advise of a guy I spoke with.

But the pool was already running voor about 90hrs!?!?!

Plese give some advise, shall I remove my other hashes away from antpool or wait for the new block at CKpool?

(Am I making profit on this block if I jumped in later?)
kano (OP)
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August 31, 2015, 10:52:59 PM
 #4496

Ik did put some 7Ths in CKpoolin on advise of a guy I spoke with.

But the pool was already running voor about 90hrs!?!?!

Plese give some advise, shall I remove my other hashes away from antpool or wait for the new block at CKpool?

(Am I making profit on this block if I jumped in later?)
The simple issue is that you can never know when a block will hit, or even when good and bad luck blocks will happen.

Looking at the block stats table you'll see that the long term average is above the expected average,
but even in those above average stats there's a 666.666% Diff (15% luck) block, the pool's worst block ever,
meaning that in all those stats there are enough good blocks to more than make up for the bad ones -
which of course is better than what is expected long term.

If anyone joined during that 666.666% block they'd probably never want to come back ever again Smiley
Understandable, but also a misunderstanding of statistics.

However, 'expected' is just that, what to 'expect', but not what 'will' happen.
If everything was as 'expected' then the current block stats table wouldn't show green for all the CDF[Erl] values and wouldn't show better than 100% for all the block history ranges.
The fact that it does show better than 100% luck for all the ranges doesn't mean it will continue to do that either.

All I can say is that the controllable elements, outside luck, that do affect the pool's 'luck' calculation, are better controlled here than most other pools, and the long term luck and orphan history suggests that is true.

The pool also uses a 5 Diff range for PPLNS payouts which reduces the variance in block payouts.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
WBF1
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August 31, 2015, 11:47:36 PM
 #4497

N value crosses backwards over block boundaries right?
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September 01, 2015, 12:05:01 AM
 #4498

I am still so new to mining so since I have been on this block the whole time with a S3 what is the expected payout I mean, I want to do some maintenance on my miner but have staid this long and don't want to miss out of I disconnect for a hour or so.

kano (OP)
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September 01, 2015, 12:50:51 AM
 #4499

I am still so new to mining so since I have been on this block the whole time with a S3 what is the expected payout I mean, I want to do some maintenance on my miner but have staid this long and don't want to miss out of I disconnect for a hour or so.
Disconnecting for an hour or so you can estimate the difference:
Last payout covered a bit over 213hrs (see the Rewards page) - so if you were mining the whole time for the 213hrs when the next block arrives, you'll get ~0.5% less for each hour you are off in the 213hrs before the block is found.

Of course that is assuming the pool stays around the 1.5PHs it is at the moment.
Hash rate changes and % of the 213hrs you've mined changes will of course affect how small a 1hr outage effect will be.

There is no extended effect on not mining - it is simply the % effect on the total mining time.
You aren't penalised extra for not mining or hopping away other than the expected effect of the % you aren't mining.

Simple example:
if you always mine for 9 out of 10 hours, you'd expect to get, on average, over time, 90% reward vs mining 10 out of 10 hours.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
kano (OP)
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September 01, 2015, 12:52:28 AM
 #4500

N value crosses backwards over block boundaries right?
Yes the N boundaries are shift boundaries.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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