KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks

[sorry2xs]

any suggestion on how to quickly add my subtotal BTC earnings for January here at kano.is

[BlInK311]

any suggestion on how to quickly add my subtotal BTC earnings for January here at kano.is

Copy and paste rewards page data into spreadsheet (excel worked for me)   and add the last column.  

[fr4nkthetank]

I think it is very convenient to rent power just to win an Avalon,
because in the end, to win you must have at least a avalon 2 ph / s
and not even be sure to find a block,
for what if you spend on rent, it's quicker to buy new right?
correct me if I'm wrong
 



Here, here.  I rented like 150ths for 3-4 hours for the contest (lol sorry guys, but my antminer s7 has too little of a chance).  at a pretty good price too.  So I have a little chance of winning the prize, and if I dont, in any case, I'll probably get close to what I spent, maybe more.  Last month I rented for 0.06btc of hashing power for the contest, and got 0.065btc back or something like that.  depends on luck.  

edit:  my post editing sucks.  sorry

[sorry2xs]

Thanks Blink311

[clgrissom3]

Haven't completely decided yet, but next time it will probably be the best (lowest) CDF for the whole month

I like the lowest CDF for the month to determine...that would keep the excitement and suspense going through the whole month.  Old geezers like me need that extra excitement to keep from banging my head on the keyboard every time I fall asleep sitting in front of the computer!

[BlInK311]

Kano, why don't you make it the highest CDF for the month with the same hash ranges?  Reward the person who saves us from the longest lack of luck!!

[judypug1956]

Kano, why don't you make it the highest CDF for the month with the same hash ranges?  Reward the person who saves us from the longest lack of luck!!

This is not my pool or contest,but it is a very interesting twist.

[philipma1957]

Kano, why don't you make it the highest CDF for the month with the same hash ranges?  Reward the person who saves us from the longest lack of luck!!

This is not my pool or contest,but it is a very interesting twist.

My main pc is back online.

So I won't be posting with my judypug1956 account.

But I have to say your idea is different.

[bctmke]

Interesting idea but you generally dont want to change the rules of a contest in the middle (especially after someone already received a reward).

[omega015]

Interesting idea but you generally dont want to change the rules of a contest in the middle (especially after someone already received a reward).

I see what you mean about the rules, but each month could be classed as separate contests. As long as the rules are changed in advance and people know, then they can choose to take part (or not). I think most people would be ok with it (well I would at least).

Perhaps kano could offer a voting option, although his decision is final so this just gives an idea on user preference.

[philipma1957]

Interesting idea but you generally dont want to change the rules of a contest in the middle (especially after someone already received a reward).

I see what you mean about the rules, but each month could be classed as separate contests. As long as the rules are changed in advance and people know, then they can choose to take part (or not). I think most people would be ok with it (well I would at least).

Perhaps kano could offer a voting option, although his decision is final so this just gives an idea on user preference.

His pool his give away his rules.

Next contest starts March 1 so  plenty of time for the new rules.

Low cdf for a month  or high cdf for a month both work for me. 

  In fact whatever one he picks and he said low cdf   I will toss in  a two compac stick giveaway for the other one.

[nhando]

I agree, if we make the contest for a winner to be lowest CDF (person brought us the greatest luck) or highest CDF (person saved us), both are good choices.  That also make the contest more fun and last the entire month vs a few hours.  It also help reduce our pool member's cost for those who do very high TH rental in the hope to win during that peak period which also would drive up the renting rate making everyone a loser.

[tlhIlwI]

Lowest CDF - I wonder who will rent a PH or two for 5 minutes after every block find?

Highest CDF - Some already rent to crack those blocks.

Neither will improve rented hash.

I personally don't see a need for a change.  This month was quick, but it could just as easily have gone on for several blocks and/or days with the top miners (who are above the contest threshold) hitting most of the blocks while we wait.  I'm not opposed to a change either... whatever is fine with me.

[philipma1957]

Lowest CDF - I wonder who will rent a PH or two for 5 minutes after every block find?

Highest CDF - Some already rent to crack those blocks.

Neither will improve rented hash.

I personally don't see a need for a change.  This month was quick, but it could just as easily have gone on for several blocks and/or days with the top miners (who are above the contest threshold) hitting most of the blocks while we wait.  I'm not opposed to a change either... whatever is fine with me.

no it won't ever last more then 1 week with current rules. (at least 1000 to 1 to last a week)
ph break down for last contest done with lazy math
---------------------------------------------------
8ph = big boys

10ph = people that could win.

10 ph hits a block every 13 or 14 hours  
---------------------------------------------------
so to go 1 week would be a 99.99 cdf block
1 day  would be a 70. cdf block

all very loose math in my head.

But not far off.

I let my rentals play after the contest as I am going with team Kano

But I rather contest last longer then 1 or 2 days.  the way it is now it is a short time and will almost never go as long as 1 week.

[PassThePopcorn]

Instead of changing the rules completely, how about keep them the same but add one little part.

When you find the block you must maintain at the very least an average hashrate equal to what you had when you found the block or equal to the red line for a week. If you rent your hashrate then you would need to ensure you maintain that rental and keep a steady hashrate towards the pool.

[clgrissom3]

I'm really happy to support the Kano pool because Kano and CK are so conscientious about doing everything they can to avoid empty blocks and fighting SPV mining but I'm starting to think bitcoin is heading towards disaster.  You can't even do a simple bitcoin transaction without having to wait hours for the first confirmation to take place.  It's getting to the point where it's painful to use bitcoin for anything other than just collecting it and wait for prices to go up to cash out.

How can you pay for a cup of coffee at Starbucks with BTC and wait for 2 hours for a confirmation before they can give you the coffee?  Something has to give here before bitcoin can be used as a mainstream currency but it's heading in the wrong direction.  You can't even exchange bitcoin between two bitcoin entities anymore without waiting for hours.  

[philipma1957]

Instead of changing the rules completely, how about keep them the same but add one little part.

When you find the block you must maintain at the very least an average hashrate equal to what you had when you found the block or equal to the red line for a week. If you rent your hashrate then you would need to ensure you maintain that rental and keep a steady hashrate towards the pool.

well nicehash could crash

hash rate could jump from .0045 to .0085

Or a guy may have scrapped up .1  and put it all on the line  wins and has no more coin to spend on rentals for the next week.

I can see some justice with your idea   if someone rented 1 ph and hit in an hour or two of the rental.   as some could have been gaming the system doing just that.

[tlhIlwI]

But I rather contest last longer then 1 or 2 days.  the way it is now it is a short time and will almost never go as long as 1 week.

Ah, that makes sense.  I don't really care either way or even how long it lasts. 

I am more concerned about encouraging lots of rented hash due to the withholding potential (seller of hash has no stake in the pool success and can withold blocks while collecting a PPS rate).  So far I see no evidence this has been done in the wild, but it certainly is possible.  Those of us who don't rent for the contest would pay the price as our % goes down.

[clgrissom3]

Instead of changing the rules completely, how about keep them the same but add one little part.

When you find the block you must maintain at the very least an average hashrate equal to what you had when you found the block or equal to the red line for a week. If you rent your hashrate then you would need to ensure you maintain that rental and keep a steady hashrate towards the pool.

This would work great until the day a person wins the Avalon and then his internet goes down for 4 days...not only does he lose 4 days of BTC earnings but he also loses a free Avalon6! 

[Legacy2005]

Perhaps the contest could be done randomly during the month. Kano would pick the start end time and the block found during that time wins it. This would prevent those from cheating the system. No one would know the time period other then kano and perhaps 1 of the guys at the top of the hash power list as they are out anyway. Another idea would be to time a timeframe and all those that find a block get a bonus amount of btc and at the end of the month they can either turn that bonus in for a drawimg ticket or keep the btc bonus. Amd then 1 person is selected at random those that enter.


The miners could also be out up for a drawing/raffle and every X btc buys you a ticket. With an X number of ticket max per person. This could increase funds for kano to inturn get more miners to raffle.