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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks  (Read 5352017 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.)
VRobb
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March 21, 2016, 10:25:24 PM
 #13101

<snip>
OK, added 4 more random pastel colours below the graph.

Ah, increased pool stat functionality AND shades of Easter to boot!  Nice, lets crack that egg, er, block!  Cheesy

I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH!  Oh The SPEED!!!
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March 21, 2016, 10:30:42 PM
 #13102

I'm pretty sure nhando's hash will go away on occasion when people at Nicehash are paying WAY too much.  Outside of super awesome luck here he'll earn far more doing that (especially if he waits until something like at least 10% premium over what they should be paying).  So he'd hash over there earning more and then move back when people start paying more reasonable prices.

when nice hash pays too much I shift from here  but I set a pretty high bar to move over.

more like .0038 for this jump.  if he can get a certain 110% he kind of has to do it.

▄▄███████▄▄
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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
clgrissom3
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March 21, 2016, 10:41:17 PM
 #13103

Yeah I only put 4 there coz of available space.
I could add another 4..59 below the graph - I set the absolute limit currently to 63 in the code.
Just have to pick 59 more colours that work together Tongue

OK, added 4 more random pastel colours below the graph.

OK, this is pretty cool!  For the longest time I could not get it to stick...until I realized I needed the decimal point.  Old eyes!
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March 21, 2016, 10:44:37 PM
 #13104

When my partners and I were pushing the pool to 40PH with our 7500TH to get us thru them nasty long duration,  Zach's tool would alert me 5mins on the block and I had to wait 5 mins until it was shown on Kano.is.  It was never like that before as it was always instant.
If Zach is using kano.is to get that data, you'll never see it there before here.
If he is using some other source to get that data by analysing a local bitcoind, then the only time he'll know about it before the kano.is web site will know about it is during a CKDB restart.

Yes, currently I am using kano.is to get the data.
And I am only getting the data every 5 minutes, kano.is will always report the block before me.
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March 22, 2016, 01:40:19 AM
 #13105

Block
wolfen
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March 22, 2016, 01:43:36 AM
 #13106

Took a long time for the block to show up on blockchain.info

For those about to block we salute you! AC->BTC
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March 22, 2016, 01:46:08 AM
 #13107

Finally block after long time^^
clgrissom3
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March 22, 2016, 02:23:11 AM
 #13108

Block by omtest!  That would be his 4th kano block!
Legacy2005
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March 22, 2016, 02:43:42 AM
 #13109

whats with the double finds back to back.

first ptox then mystery man 12T, is omtest next?
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March 22, 2016, 03:30:00 AM
Last edit: March 22, 2016, 04:35:04 AM by nhando
 #13110

Nice to see that 2nd block finally.  Let me clarify somethings as there's still too much misconception..........

1) I've been mining at Kano for almost 4 months now with nhando\NBIZ\DROID account.  We've hit 8 blocks collectively during that 4 months so we're basically adding 2 blocks per months average.  Good but not great, I was actually very frustrated pumping so much damn hash and getting no blocks during the droughts.  
2) As CK said, the surge in and out does not change luck.  If the total pool size drops a lot then of course, statistically the time between blocks could be longer, but luck is luck.  
3) I use Zach's tool, so it's very easy for him to validate that each time I put mega hashes on Kano and leave, I lose a lot of money, not profit from it.  It's much to harder to TIME the PPLNS hopping especially with longer 5ND.  When you jump in, it may be hot, but that doesn't help you as much, as it takes time to ramp up and if you hop, your cool down is smaller in profit than if you have steady hash.  This is why big players don't hop between PPLNS with long ramp up windows.  

The opportunity cost for 5PH over 44hrs with an 8 hr break in between or 36hrs total  is around 23btc or $9430.  Of course I'm rounding up my numbers as my hash rate fluctuate all day long so it's definitely much less than that but that's to give you a rough idea.   So If you think I get big money when we hit the blocks earlier on and then leave, it's actually the opposite.  It's best the blocks hit much later, as I get crap pay if it hits early and if there's a long stretch, that is a double whammy as I would either be getting the cool down rewards or nothing.  This is why pool hopping makes less sense then staying over a longer period of time.  Although we have a difference system in place where we must hedge our bets as we have much higher cost.

This is me pushing 2.5 to 5PH on March 19 at 23:00 and this is all I get for the first 3 blocks.  Even after 8hrs, I'm not even close to my full 5ND.  
403461   20/Mar 07:13   24.81528415   836.506G   34hr 34m 55s   28.86PHs   2.99%   25.050G   864.22THs   0.74312898
403459   20/Mar 07:09   24.84549272   834.617G   34hr 30m 51s   28.85PHs   2.96%   24.716G   854.36THs   0.73577033
403423   20/Mar 02:10   24.84919479   839.999G   36hr 7m 40s   27.74PHs   0.76%   6.389G   210.97THs   0.18899344


That very fast 2nd block was a blessing but it's still during my cool down period so I don't make much.  This is where it's better to have your hash spread out over long period of time rather than just hit big and run.   So as you can see, it's not easy to make money easy doing a hit and run on that 5ND.  So sure, I'm a huge target when things go bad, people like to point fingers.  Frankly I really don't care and it will never bother me.  Just remember, no one profits when the pool goes thru bad luck and my loss is always exponentially more than most here, so it's in my best interest to make sure the pool I mine at have a higher chance of being profitable.  

P.S  I'm sure on the next bad block, I will hear the same whining again, at which, I can now simply do a copy and paste or simply mine with a BTC address.  

Edit : 3rd block just hit so definitely an even bigger blessing.  Better late than never. Back in the 103% WOOT!  Haha

Just "Mining" my own business.
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March 22, 2016, 03:54:48 AM
 #13111

3rd

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
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March 22, 2016, 03:58:40 AM
 #13112

Nhando. Dont worry what people say or point fingers at i cant image what the daily cost is to run that much equipment. At least you are here when you can be and thats good enough.

Btw where are the pics of the farm.
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March 22, 2016, 04:02:00 AM
 #13113

The S7 came in, and is online.

Damn thing sounds like a Huey at idle.  Cool

To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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March 22, 2016, 04:02:24 AM
 #13114

Cheers jmww for punching out a quick 22% diff block! Schweet!  Grin

I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc
These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70
Pushing a whopping 1/5 PH!  Oh The SPEED!!!
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March 22, 2016, 04:15:59 AM
 #13115

hopefully the cooler weather will keep up for a while in Houston..... don't want to have to modify the cooling situation.

In the meantime moar blox plz
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March 22, 2016, 04:22:38 AM
 #13116

Nice to see that 2nd block finally.
...
The simple fact is that you cannot hop to increase profit.
If you make more, it's purely luck, there is no special strategy to make more. It's not possible.

Hopping has the expected effect of, long term getting the same reward ratio as not hopping.
Simply put, as the block stats show, you run long term, you expect to do OK.
However, if you randomly mine on and off then your reward ratio has MUCH higher variance.
Sometimes that's a profit and sometimes that's a loss.
In both cases, it's way more obvious since ... that's called higher variance Smiley

--

Also, anyone paying attention to the last 5, 10, 25 block stats, and making judgements based on them, means you don't understand statistics.
A simple thing to consider is:
Code:
0.86466471676339  200.000%  1 in 7.4
0.63212055882856  100.000%  1 in 2.7
0.95021293163214  300.000%  1 in 20.1
i.e. we expect, at 30PHs, to get, on average, a 200% or LONGER block almost every second day ... ... ... ...
(30PHs = average ~7.3 blocks in 2 days)
If that happened, as expected, that would mean we'd have a GOOD 100% expected long term block average.

But the 2nd number also says, we expect on average, almost 2/3 of blocks under 100% and ~1/3 of blocks over 100%
Yep a bit over 1/3 of ALL blocks are expected, on average, to be over 100%

How about a 300% block? Statistically we expect, on average, one about every 5.5 days, i.e. yep! a bit more than once a week.

These numbers should make it quite clear why hopping has such high variance.
You pick a single day to mine that gets a 300% block and bam - you suddenly have a low chance of getting a positive return ... but that's expected to happen, on average, about every 5.5 days ...

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
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March 22, 2016, 05:55:38 AM
 #13117


Yeah I only put 4 there coz of available space.
I could add another 4..59 below the graph - I set the absolute limit currently to 63 in the code.
Just have to pick 59 more colours that work together Tongue

OK, added 4 more random pastel colours below the graph.

Thank you very much.

I just noticed and thought " oh crap, these 4 have always been there and I didn't see them...."

kano (OP)
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March 22, 2016, 07:30:42 AM
 #13118

... and just to prove my point how it really is random and you can't predict it Smiley
4 blocks in the past 6 hours Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
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March 22, 2016, 07:37:57 AM
 #13119

... and just to prove my point how it really is random and you can't predict it Smiley
4 blocks in the past 6 hours Smiley

and the double blocks by the same guy that was brought up earlier presents itself again..

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March 22, 2016, 07:38:49 AM
 #13120

... and just to prove my point how it really is random and you can't predict it Smiley
4 blocks in the past 6 hours Smiley

and 2 blocks by jmww !

Congrats !

This is very nice to see the big miners hitting some too Smiley

jmww is making his way up on the acclaim board Cheesy Cheesy

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