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

[clgrissom3]

I think the block by 5hdo3 (407144) might be the new low CDF for the April Contest as well!  Way to go!

[yslyung]

couple more hours to go ! right time to fire up those rentals those who are renting !

greener now, yeah !

[philipma1957]

I think the block by 5hdo3 (407144) might be the new low CDF for the April Contest as well!  Way to go!

he looks to be a 75th miner   cdf was 0.021

abramov    has a cdf of 0.019  I am looking for his hash rate

[gpicasso]

Kano's going to have his hands full getting all of these payouts done!

Here is just a thought.  The barrier to entry in bitcoin mining is basically affordable to all, the barrier to profitability is not. Let's not kid ourselves, your not buying 7, 8 ,900 dollar rigs just as a hobby but you do it to make money which will afford you a hobby. All this being said i see the big Chinese mine with a no prisoner taken alive mentality as it should be in business. I see everyone complain but who cares, we will not be able to beat them,  at least we can get this pool up to a level where maybe we can suck a extra 10 blocks a day from these guys. I went to a few pools over the months and settled on this one since after reading the forum each day users and owners seem actually nice to each other and no flaming, the owners are actually in the forum and answer peoples questions.

My proposal to you Ck is, RAID THE COMPETITION.  I do not know what your profit margins are but maybe its time for a 3 month loss leader and in the end if it works you will more than make up for it.  This pool runs 30 to 36ph usually from what i have seen the last few months.

1)Some type of increase payment to the miners if the pool has a avg rate of 40PH but it only kicks in after 2 or 3 weeks you know the best time frame for this, then the next goal is 45 then 50, your the best to decide the increase whether it be by 10 or 5. Make it a 3 month give away up to the halving. Let be known and let it be loud. People will come since your stats match up and are way better than most. I am positive you can slag off from Slush and all the others except the chinese but who cares.

2) If you can slag 15 to 20ph from everyone else you are set for the halving because if the people switch they will see this pool is profitable and wont go back and (not to sound to cutthroat) the other pools will be decimated and might close shop and that leaves you standing with the remaining people switching to you.

Either way you have nothing to lose since if the PH falls below the goals there is no increased payouts.

We will be pointing all our new miners here.

I believe in this pool so hopefully we can get the word out since there is gain for all.

Thanks
GP

[clgrissom3]

I think the block by 5hdo3 (407144) might be the new low CDF for the April Contest as well!  Way to go!

he looks to be a 75th miner   cdf was 0.021

abramov    has a cdf of 0.019  I am looking for his hash rate

You are right...it looks like Abramov is below the threshold as well...I did not catch that with all of the blocks flying!

[philipma1957]

Kano's going to have his hands full getting all of these payouts done!

Here is just a thought.  The barrier to entry in bitcoin mining is basically affordable to all, the barrier to profitability is not. Let's not kid ourselves, your not buying 7, 8 ,900 dollar rigs just as a hobby but you do it to make money which will afford you a hobby. All this being said i see the big Chinese mine with a no prisoner taken alive mentality as it should be in business. I see everyone complain but who cares, we will not be able to beat them,  at least we can get this pool up to a level where maybe we can suck a extra 10 blocks a day from these guys. I went to a few pools over the months and settled on this one since after reading the forum each day users and owners seem actually nice to each other and no flaming, the owners are actually in the forum and answer peoples questions.

My proposal to you Ck is, RAID THE COMPETITION.  I do not know what your profit margins are but maybe its time for a 3 month loss leader and in the end if it works you will more than make up for it.  This pool runs 30 to 36ph usually from what i have seen the last few months.

1)Some type of increase payment to the miners if the pool has a avg rate of 40PH but it only kicks in after 2 or 3 weeks you know the best time frame for this, then the next goal is 45 then 50, your the best to decide the increase whether it be by 10 or 5. Make it a 3 month give away up to the halving. Let be known and let it be loud. People will come since your stats match up and are way better than most. I am positive you can slag off from Slush and all the others except the chinese but who cares.

2) If you can slag 15 to 20ph from everyone else you are set for the halving because if the people switch they will see this pool is profitable and wont go back and (not to sound to cutthroat) the other pools will be decimated and might close shop and that leaves you standing with the remaining people switching to you.

Either way you have nothing to lose since if the PH falls below the goals there is no increased payouts.

We will be pointing all our new miners here.

I believe in this pool so hopefully we can get the word out since there is gain for all.

Thanks
GP

Where will he get customers from?   If they are not from Antpool , F2pool BWcom  it does not  help the problem.

And my f2pool break down shows about 330 ph ⅔ are big guys  ⅓ small guys.  and 87 percent of the pools gear is in China

so 330 x 13 = 42.90 ph   of that pool is non China gear.  

 that is a small about to pull from

maybe there is a grand total of 100ph of non chinese located gear  on antpool f2pool bwcom

How would you target them to move here.

If these numbers on this screen shot do not bring them here I do not think they will ever come here.

[Sierra8561]

Kano fee's are very fair. And luck is well above average. If that doesn't bring people nothing will. If I was kano no way would I lower my fee.

[PPOC]

Kano's wallet is about to EXPLODE! 

Yep, 2.5BTC payday for kano. Very well deserved!

[dmwardjr]

Kano and CK should NOT lower their fee.  What they have set up now is better than any other pool and very fair.

[gpicasso]

Kano and CK should NOT lower their fee.  What they have set up now is better than any other pool and very fair.

That's why its called a loss leader. Plus no fess are lowered unless the goals are met. Goals not met ,  nothing paid out. There are a lot of other smaller pools out there where people could jump ship. Plus some none chinese that are bigger, people don't switch when people do not know. Raid 10ph from Slush and boom your on your way. Most people will set it and forget and are passive regarding their investments. I was not trying to say that Ck and company are not worth greater compensation. I am just saying for the Chinese point of view they do not care. We had a great day today and i was proposing to position this pool for the future. Yes of course mining is random but within 60 days i will bet anyone Bitmain will be 450 and F2 will be 400. These 2 combined already have 77 blocks for the day and they are shooting for 100. From a business sense it's time to position and figure out a way to knock off the weaker pools.  My company is already hedged with Eth rigs anyway so no big deal . But now it the time to pounce while u still can.

[dmwardjr]

CK and Kano do not have to lower their fees to get people to move here.  Think about it...

How will the one's you want to move here KNOW the fees are lowered UNLESS someone gets the word out AND those people happen to navigate to a website giving them the words to get them to move?

Plenty will move here based on current stats and fees without lowering fees IF people will take the time to get the word out like myself, Phil, and MANY others have done in the past.  Phil, created a couple of threads on the subject of moving.  I sent out approximately 150 PM's to different users on bitcointalk.org to get people to move here.  I'm quite certain several others have done the same.

The problem is getting people to move whom we cannot reach because they never navigate to bitcointalk.org or spend much time on any other websites with the news about CKPool.

[tlhIlwI]

Except for a couple bugs, I have my bot fully maintaining my rental orders since yesterday and have averaged 95TH in blocks 407085 onward.  I am really grinning right now!

[Crispyato]

OMG shut up about ETH.  I'm sick ETH.  This Kano pool BTC mining pool thread.  We don't need to raid or mine ETH.  Doing pretty good here just mining on the awesome pool ck and Kano built. 

[chikenfeed]

CK and Kano do not have to lower their fees to get people to move here.  Think about it...

How will the one's you want to move here KNOW the fees are lowered UNLESS someone gets the word out AND those people happen to navigate to a website giving them the words to get them to move?

Plenty will move here based on current stats and fees without lowering fees IF people will take the time to get the word out like myself, Phil, and MANY others have done in the past.  Phil, created a couple of threads on the subject of moving.  I sent out approximately 150 PM's to different users on bitcointalk.org to get people to move here.  I'm quite certain several others have done the same.
The problem is getting people to move whom we cannot reach because they never navigate to bitcointalk.org or spend much time on any other websites with the news about CKPool.

i just successfully registered but it wont let me log in, am i suppose to wait fora confirmation email?
i have my s7 already aim at it and seams to be mining fine

[dance191]

If Kano thinks there is a way to cut down on the orphans (or do any other improvements), I would vote to increase the fees.

Some quick numbers as an example:  

Say there are 2 orphans a month on average (the last month had 3).  Right now, that is say $20,000 lost due to orphans (50 BTC ~ $400 each).  Kano gets about $180 of that in his fees (0.9%)  However, if say with $1,000 a month in extra servers (increasing the number of nodes, nodes on the other side of the GFW, maybe upgrading the current servers, etc), the number of orphans could be reduced in half (again, just using round numbers as an example), it would be be worth $9,000 a month more to the miners in the pool after paying for those upgrades (25 BTC at $400 = $10,000 more - $1,000 in new charges = $9,000 more a month), but result in $910 a month in extra expenses to Kano ($1,000 extra in expenses to Kano + only $90 more in fees to Kano).  Long story short, if there is a way to improve things where the net result is more BTC to the members & Kano, even though there is technically an increase in the fee (say from 0.9% to 1.4%, 1.9%, etc) I see no reason not to do it.

I would be happy to pay 1.9% in fees, if that somehow meant I made 1% (or more) mining than what I am currently making.  And this is a purely selfish argument, I could make an additional argument that he has taken good care of us, and we should take good care of him (but I will not, as I think the selfish argument is more persuasive .  

Since Kano's fee is such a small amount of the reward, I wonder if additional resources might be useful.  Eligius is a good example.  The 0% fee left me with about 87% luck there.  With 0%, how much can they really do to improve things there?  That means I was actually paying a 13% fee, rather than a 0% fee.  Lower fees are not necessarily better for anyone.

Kano would be the only one who knows if he thinks improvements could be made.  I am just bringing up the possibility that with additional resources Kano might be able to squeeze even more insanely good luck out of the system.  He mentioned the other day about possibly getting some hardware behind the GFW.  It *might not* make economic sense for him to pay for it, but it *might* make sense for the miners to pay for it (with a small increase in fees).  Again, only Kano would know, I just want to bring it up for discussion.

Kano, what do you think?  Are there some improvements that could bring in a net positive result for the pool's earnings (if the pool paid for them), but would cause a net negative if you paid for them?  Are there any things you have been thinking about doing, or have hesitated doing as they would be overly costly to you?

[citronick]

Amazing Day this has been - waking up to 11 blocks!!!

We have broken the record of 8 per day to 11 !!!

And take a look at the all time luck ... 108.13% WOW! and another stat of 50 blocks every 11 days - no excuse why not mining at Kano.

My returns have covered rental and loaded up BTCs for this Friday and next week, plus additional coins to savings vault. And still have a coin or two to spare.

To mark this historic day - Wednesday Block Party - I will drop a few THs at ckpool, surely kano.is will pass on some luck that way!

[DarKSm0ke]

Keep the block coming! We will break the GFW!!

[gpicasso]

CK and Kano do not have to lower their fees to get people to move here.  Think about it...

How will the one's you want to move here KNOW the fees are lowered UNLESS someone gets the word out AND those people happen to navigate to a website giving them the words to get them to move?

Plenty will move here based on current stats and fees without lowering fees IF people will take the time to get the word out like myself, Phil, and MANY others have done in the past.  Phil, created a couple of threads on the subject of moving.  I sent out approximately 150 PM's to different users on bitcointalk.org to get people to move here.  I'm quite certain several others have done the same.

The problem is getting people to move whom we cannot reach because they never navigate to bitcointalk.org or spend much time on any other websites with the news about CKPool.

But again i have thought about it and again it is goal orientated, it is a loss leader and nothing happens unless they reach the required benchmarks since it is their profit margins they need to manage. As to getting the word, there has to be other places for brand recognition than this forum. I found this pool from a guy i saw on youtube last year talking about pools that he has used, at the time it only had about 1000 views but it brought me here so thats a start.

[kano]

Another Block!  Number 11 by 5hdo3 with 74THs and his 2nd kano block!

Edit:  Dang, now I have to adjust my spreadsheet...I had it set for a max of 10 per day!  I love having a problem like this!

Heh yep, 9 blocks in the payout queue, I currently allow 8, so 2 (very) minor changes to handle more than 8.
... I made this change quite a while back moving from 4 to 8 ... now 8 to 12

[citronick]

CK and Kano do not have to lower their fees to get people to move here.  Think about it...

How will the one's you want to move here KNOW the fees are lowered UNLESS someone gets the word out AND those people happen to navigate to a website giving them the words to get them to move?

Plenty will move here based on current stats and fees without lowering fees IF people will take the time to get the word out like myself, Phil, and MANY others have done in the past.  Phil, created a couple of threads on the subject of moving.  I sent out approximately 150 PM's to different users on bitcointalk.org to get people to move here.  I'm quite certain several others have done the same.

The problem is getting people to move whom we cannot reach because they never navigate to bitcointalk.org or spend much time on any other websites with the news about CKPool.

Maybe one of us creative lot could design a "Come to Kano.is - Block parties every week!" - signature banner.

All kano.is members can use this signature, since many of us also roam around many threads in Bitcointalk.org.