KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks

[wolfen]

Block by Jays86, his 6th kano block!

busted that long network block.

[thedreamer]

Thank god. A few more long ones and I'm really in the hole.

[zOU]

Sometimes I wonder if we are more happy to find a block or to post that we found a block

Anyway, roll on !

My reward graph is ramping up !

[grifdogr]

me again, I noticed I have a high invalids showing up and has happened before and was wondering if anyone would know why or if this is normal to sometimes have peaks, I am usually much lower than server average. Of course I have a freak in there with 0%, all temps are fine and network is fine here.


0.285%, 0.333%, 0.191%, 0.330%, 0.000%, 0.283%,  0.310%
These were all up in .50 and so on except the one that stayed at zero.
I am trying to learn rather than my last year of dumb mining for fun and I plan to expand.
P.S. we need 10 more blocks today so get on it!!!

[Crispyato]

Thank god. A few more long ones and I'm really in the hole.

Yeah the long blocks are killing me also.  Someone is making money pointing 8PH for half a day here, then leaving everybody else to wait while they drop the work.  It would be nice if they at least stuck around to confirm the blocks.  A STEADY 35-40PH and we would be doing a lot better. 

[clgrissom3]

Block by WHMining_1!  That's his 3rd kano block!  Way to go!

[kano]

... and it confirmed the 403459 payout I sent just before it
- and the 403461 has been confirmed also ... and all before in case anyone was wondering.

[clgrissom3]

Thank god. A few more long ones and I'm really in the hole.

Yeah the long blocks are killing me also.  Someone is making money pointing 8PH for half a day here, then leaving everybody else to wait while they drop the work.  It would be nice if they at least stuck around to confirm the blocks.  A STEADY 35-40PH and we would be doing a lot better. 

And we drop down to 27.9PH once again...

[Legacy2005]

Well at least 27ph worth of miners know its smart to stick around. Perhaps the flux of hash will eventually see the light at the end of the tunnel.

[nhando]

Thank god. A few more long ones and I'm really in the hole.

Yeah the long blocks are killing me also.  Someone is making money pointing 8PH for half a day here, then leaving everybody else to wait while they drop the work.  It would be nice if they at least stuck around to confirm the blocks.  A STEADY 35-40PH and we would be doing a lot better.  

This is not how the PPLNS 5ND works.  It takes a long ramp up time to reach your full payout so hopping around doesn't net you more money.    The entire idea of it is to reduce hoppers.  However people who have big Hashing power also have high operating cost.  There's many variables involve where their miners may be set to hop based on different market changes (PPS prices, etc).  When your operating cost is high while profit margin decrease quickly over time, you need to maximize on guarantee profit of x % over market rate whenever you can rather than gamble.  It's the nature of the business and really doesn't hurt the pool.  I'm starting to like this pool at 25-30PH.  It's just my opinion, no technical thesis behind it, but it seems to run more efficient and the 5ND window of 1day and 12hrs is perfect for me.  

[thedreamer]

I agree with that above. We've had much better luck IMO when we were smaller than when we hit 30PH size. Payments are better and we don't 'need' 5-6+ blocks per day.

I'm sticking around but when I look at my Kano wallet declining for the past 2 weeks slowly. I B&M and worry but rather support this pool than other asian ones.

[VirosaGITS]

I agree with that above. We've had much better luck IMO when we were smaller than when we hit 30PH size. Payments are better and we don't 'need' 5-6+ blocks per day.

I'm sticking around but when I look at my Kano wallet declining for the past 2 weeks slowly. I B&M and worry but rather support this pool than other asian ones.

Do you realize luck for the past 3 months is about 110%? I'm tracking my income per week and its gone up vs expected, not down vs before. Or are you complaining that you're getting 5 payouts of let say 0.01BTC per day instead of 1 payout of 0.15BTC per 3 days?

[thedreamer]

To VirosaGITS, please stop cyber-stalking me and posting your useless and unhelpful crap on any and all threads I post into.
You are ignored and I don't even see your posts but it feels funny having a fan-boy caring so much about me that you reply to everything I post with your dumb comments.

[nhando]

Hahah.......ok boys.......simmer down.  Haha.  He's just stating that overall luck have been good at 110% over the past 3 months.  When the stats is bad over 3 months, some would point to good luck at 6months, 1year, etc. Statistically this is only good if you have the same amount of equipment (ie 1 S7) and have been at Kano from the beginning of time and never grew.  Historical performance does not guarantee future results, so to me that doesn't mean anything.  Many things can change as a pool grows.  For example what if the pool was great at 10PH but then grew to 100PH but the infrastructure was never upgraded and suffer poor performance?  What if the total hashing rate was more than efficient for the old low difficulty but is struggling with future ridiculously high difficulties?  This is why the current trends is more important than historical trends.  Also many people have grown their hashing power exponentially over the past 3 months so if recent luck is horrible for the past month and you have 500TH average now, it could easily wipe out all your profit that you made with higher luck percentage at say 5-50TH, etc over 6months before that.  We're at a PPLNS pool because we like to gamble, otherwise we're all be at a PPS pool.  Can't always have great luck and likewise, it can't be shitty forever either.  =)  It's nice to see the luck turn around a bit.  Those nasty stretch were definitely painful for everyone, heck I still haven't fully recover from it!

  

[Crispyato]

Well a month ago at 25PH I liked my rewards also, but they will decline slowly.  That's just Bitcoin mining.  Soon the block will cut in half.  If you don't steadily grow to keep up with the competition and diff increase you may like your reward size but will grow to hate its infrequency.  Other pools are doubling, cutting the reward.  If we were 35PH steady we would be getting 5-15.. Maybe.  We hold 35PH for 6-12hours and get 4-5blocks, but then they take the money and run. It's to bad you don't lose money if you leave before the confirmation of blocks.  I could imagine we would be above %110 like we were when growth was steady.  So instead of blazing through the blocks getting steady blocks along the way we have this pause.  Once we are done with the work here they come again pushing the pool. They make more, we make less.   I rent steady like I own, I don't take the money and run.  I would much rather see the pool gain steam and steadily grow.  I mean we still make better coin here than others.  I just feel like some ballers are taking advantage of 5nd.  We would all do a lot better if were steady even if we fluctuate 8PH. Take three days and pull out slow at least.  I just get pissed when I'm in any pool and we drop %30-40 in a couple hours after hitting blocks.  I don't even need to delve into the technology behind it.  Call it bad luck if the code doesn't support it.  I've mined and tested most every pool since 2012 it never fails.  Sudden drop over %25 equals slow time.  Kano does handle it the best by far of profitable pools, but if excecuted over a longer time period gradually a boost would yield more profit to all.  Including the renter or hopper.  I do think we need a few PH steady base added to compensate for increased competition hashrate.  If you wanna know if you like the reward at 35PH we would need to hold it non stop for a week or 2 for any of us to know if we prefer that speed.  You can't really know if you like small ratio or a growth with more frequency since we haven't seen a steady time period above 27PH for you or anyone else to know.

[philipma1957]

Well a month ago at 25PH I liked my rewards also, but they will decline slowly.  That's just Bitcoin mining.  Soon the block will cut in half.  If you don't steadily grow to keep up with the competition and diff increase you may like your reward size but will grow to hate its infrequency.  Other pools are doubling, cutting the reward.  If we were 35PH steady we would be getting 5-15.. Maybe.  We hold 35PH for 6-12hours and get 4-5blocks, but then they take the money and run. It's to bad you don't lose money if you leave before the confirmation of blocks.  I could imagine we would be above %110 like we were when growth was steady.  So instead of blazing through the blocks getting steady blocks along the way we have this pause.  Once we are done with the work here they come again pushing the pool. They make more, we make less.   I rent steady like I own, I don't take the money and run.  I would much rather see the pool gain steam and steadily grow.  I mean we still make better coin here than others.  I just feel like some ballers are taking advantage of 5nd.  We would all do a lot better if were steady even if we fluctuate 8PH. Take three days and pull out slow at least.  I just get pissed when I'm in any pool and we drop %30-40 in a couple hours after hitting blocks.  I don't even need to delve into the technology behind it.  Call it bad luck if the code doesn't support it.  I've mined and tested most every pool since 2012 it never fails.  Sudden drop over %25 equals slow time.  Kano does handle it the best by far of profitable pools, but if excecuted over a longer time period gradually a boost would yield more profit to all.  Including the renter or hopper.  I do think we need a few PH steady base added to compensate for increased competition hashrate.  If you wanna know if you like the reward at 35PH we would need to hold it non stop for a week or 2 for any of us to know if we prefer that speed.  You can't really know if you like small ratio or a growth with more frequency since we haven't seen a steady time period above 27PH for you or anyone else to know.

not to disagree but last year the network had a 90 day flat hash rate


see here:

https://bitcoinwisdom.com/bitcoin/difficulty


Jul 11 2015   51,076,366,303   3.39%   365,618,871 GH/s   so on July 10 rate was 49.402

Jun 28 2015   49,402,014,931   -0.58%   353,633,397 GH/s
Jun 14 2015   49,692,386,355   4.42%   355,711,957 GH/s
May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s  on apr5 rate was 49.446

so apr 5 to July 10 is 96 days  and rate did a tiny drop



Mar 18 2016   165,496,835,118   4.46%   1,184,672,491 GH/s
Mar 04 2016   158,427,203,767   -3.10%   1,134,066,098 GH/s
Feb 19 2016   163,491,654,909   13.44%   1,170,318,852 GH/s


So from feb 19 to about march 31 is 40/41 days   and we will be from 163.9 to 165.4  a tiny jump

so if this extends to a few more jumps we could have 70 days at 1 % jump.

which means this pool does not need much growth for a little bit 40 days for sure maybe more.

[nhando]

Well a month ago at 25PH I liked my rewards also, but they will decline slowly.  That's just Bitcoin mining.  Soon the block will cut in half.  If you don't steadily grow to keep up with the competition and diff increase you may like your reward size but will grow to hate its infrequency.  Other pools are doubling, cutting the reward.  If we were 35PH steady we would be getting 5-15.. Maybe.  We hold 35PH for 6-12hours and get 4-5blocks, but then they take the money and run. It's to bad you don't lose money if you leave before the confirmation of blocks.  I could imagine we would be above %110 like we were when growth was steady.  So instead of blazing through the blocks getting steady blocks along the way we have this pause.  Once we are done with the work here they come again pushing the pool. They make more, we make less.   I rent steady like I own, I don't take the money and run.  I would much rather see the pool gain steam and steadily grow.  I mean we still make better coin here than others.  I just feel like some ballers are taking advantage of 5nd.  We would all do a lot better if were steady even if we fluctuate 8PH. Take three days and pull out slow at least.  I just get pissed when I'm in any pool and we drop %30-40 in a couple hours after hitting blocks.  I don't even need to delve into the technology behind it.  Call it bad luck if the code doesn't support it.  I've mined and tested most every pool since 2012 it never fails.  Sudden drop over %25 equals slow time.  Kano does handle it the best by far of profitable pools, but if excecuted over a longer time period gradually a boost would yield more profit to all.  Including the renter or hopper.  I do think we need a few PH steady base added to compensate for increased competition hashrate.  If you wanna know if you like the reward at 35PH we would need to hold it non stop for a week or 2 for any of us to know if we prefer that speed.  You can't really know if you like small ratio or a growth with more frequency since we haven't seen a steady time period above 27PH for you or anyone else to know.

Once again, another confusion on how 5ND works.  No one comes in and can simply take the money and run.  They pay for it with their shares during the time they're here.  Likewise when they leave, they "MAY" get some of it on the way out if blocks hit during the remaining short window.   The current 5ND is at 1 day and 12hrs.  If I come in throw 5PH and I help the pool score 4 blocks immediately, do you know how much I get?  Very little as my ramp up time takes a long time, however EVERYONE ELSE in the pool who is fully ramped up, WINS a much larger slice from my effort.  Now if I bounce after those 4 blocks and if we never  hit any blocks during my remaining 5ND period, guess, what?  I lose everything.  Do you know the opportunity cost for running 5PH for 1 day? $6250.  The 5ND benefits more for the people who stay, not the hit and run people as you can end up with nothing to show for it if we hit a nasty long duration.  

Of course you would expect statistically the time between next block will slow down if the  pool loses 25% of it's hashing power.  However in return for the lower pool size from that 25% loss, you gain bigger payouts for that delay.  So please stop complaining about people who come and go.  No one on this pool is large enough to move the pool 25%.  Majority of the people have jump at some point, but everyone just like to point the finger at the bigger guys as it's more visible.  Luck is luck, people coming and leaving does not change luck.  The whole concept of Bitcoin is to make money.  There's no loyalty to any pool regardless of what people say (exception for the tiny few), most will bounce to whatever is most profitable to them.      

[sloopy]

I agree with that above. We've had much better luck IMO when we were smaller than when we hit 30PH size. Payments are better and we don't 'need' 5-6+ blocks per day.

I'm sticking around but when I look at my Kano wallet declining for the past 2 weeks slowly. I B&M and worry but rather support this pool than other asian ones.

Do you realize luck for the past 3 months is about 110%? I'm tracking my income per week and its gone up vs expected, not down vs before. Or are you complaining that you're getting 5 payouts of let say 0.01BTC per day instead of 1 payout of 0.15BTC per 3 days?

Very good points.

Actually, I am so very tired of seeing any form of complaint regarding payouts here.
Does anyone think the facts which have been bragged about by so many are any less valid today?

We have the Dream Team of Pool Ops, the fastest propagation times of any other non-spv pools EVEN times some SPV mining pools.
Not to mention zero transaction blocks who are commonly the very same SPV pools where it was shown today that with the right code you can solve a block within the same times or less but still manage to include transactions.  

In my opinion if you cannot be supportive, if you do not have the intelligence, if you are a fair-weather fan then good riddance. Don't let the door hit you in the ass on the way out.

Common sense tells you with scaling comes issues, with more size comes problems. I for one believe that Kano and CK have done a miraculous job of handling the few issues while at the same time providing enhancements.

Look at the work and transparency from these guys when Block With-holding was suspected and shown. More information was provided than any other pool during the same events. Consider how it was handled, and obviously shut down. Personally I have all the faith one could that people attempting these types of things in the future will be busted.

So again I must say, this is the best pool available. If you think you will earn more with your PPS, or more with your pools which have lied, who never answer support questions and who certainly do not have a forum presence then by all means all of you should go to that pool.

Luck is a finicky bitch and if you are not prepared for her you are in the wrong activity.

Having said that I wish you all the best, I hope you get rich beyond your wildest dreams no matter where you mine, but for me, I am staying right here where the consistency has been proven, the code has been proven far more than any other pool to have positive results, and I have resources tied to the best in the business answering questions and providing results.

Good day

[Crispyato]

Please do disagree.  A theory based on observation needs challenging and insight.  I don't see how comparing last year applies now.  Antpool and f2pool are topping 300PH, last year they were what...80PH. I'm just guessing, maybe you can find a pool growth table. I believe even small pools need to hold a similar ratio as they have in the past to large pools to hold their own competitively.  It seems like yesterday they were at 170PH.  Plus, you know the mining companies will be clearing out for new halving rigs.  I know April we have a big 149w/TH release coming.  I haven't even checked out hardware releases maybe you guys know more.  Really what makes me say we need to hold 35PH steady is just how well we do when hit that number.  I just think at a solid 35PH consistently in current conditions would be if we can push our luck at that number, we would probably see more profit at that number steady.  Um, I don't think dreamer is complaining, he is stating his opinion.  I respect him. LOL remember when I told you I'd let you throw the first punch?  He still consistently mines here and was the first to refer me to Kano when I was losing money in slush.  I debate payout/pool size in my head constantly.

[aarons6]

i understand where thedreamer is coming from..
back last year.. when i was making .04-.05 a block, we would get those days where you would get 2, 3 or even 4 blocks a day and mine WHOLE weeks worth of bitcoin in one day.. it was a huge amount.
it seems now we are expecting those blocks just to break even..

but its not all the pool speed.. the difficulty has doubled since then. so if it wasnt for the increased pool speed we would be worse off.