KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[NomadGroup]

I’m ready for another block!  Anyone else? 

And Kano, thanks for the early payout! 

[1714059946]

1714059946

[1714059946]

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[1714059946]

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[dzimmerm56]

I’m ready for another block!  Anyone else? 

And Kano, thanks for the early payout! 

Indeed yes!

Just remember with our lower hash rate variance is going to be higher.
The rewards when they happen, are very nice though.

[NomadGroup]

I’m ready for another block!  Anyone else? 

And Kano, thanks for the early payout! 

Indeed yes!

Just remember with our lower hash rate variance is going to be higher.
The rewards when they happen, are very nice though.

It’s all good partner! 

With the payouts as fat as the last 9 we can handle a wait time of a 100 hours once in a while! 

[firetreeactual]

Wowzers...my Core full node is running 124 connections...highest I've noticed.

[wolfen]

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

[VTdude12]

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

Agreed.  Roger V & others are promoting their a$$ off and Bitmain is laughing their recent BCH-only sales right to the bank.

It's been very funny seeing the articles written in the mainstream media about "BTC slump & BCH rally" with almost no real WHYS being answered besides 2x being called off = there are none!

Also, very interesting to see the BCH trade volume is ~37% coming from Korea.  Pump n dump coming sooooon

[smutboy420]

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.

[rifleman74]

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.

Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.

[NomadGroup]

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

Agreed.  Roger V & others are promoting their a$$ off and Bitmain is laughing their recent BCH-only sales right to the bank.

It's been very funny seeing the articles written in the mainstream media about "BTC slump & BCH rally" with almost no real WHYS being answered besides 2x being called off = there are none!

Also, very interesting to see the BCH trade volume is ~37% coming from Korea.  Pump n dump coming sooooon

Looks like the end of the BTC classic gave the BCH a push as well!

https://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&id=d3e208c496&e=925d4962a6

[kano]

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.

Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.

Telling people to mine somewhere else and I wonder where that 16 number comes from?
The current work (right now) is 18.715...

[kano]

Great to see us back to "normal".
I like the biggish payments these days  


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees
Obviously I'll announce things when they are ready ...

I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.

[rifleman74]

Great to see us back to "normal".
I like the biggish payments these days  


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees
Obviously I'll announce things when they are ready ...

I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.

Thanks for the hard work kano-san!

[SkyLakeMine]

How long does it take from the time I start mining at Kano to the time when I get full credit for my hashrate when a block is found? I have mined at Kano before but not long enough to give it a fair chance. I know there is some formula where N is 5 but can someone translate that to hours? If I start mining at noon then at what time would I be fully credited when a block is found? At other pools I know it takes an hour or two. Similar at Kano or longer or shorter?

(As a sidebar, I really think Kano might be a good pool to mine at since block transaction fees are high right now with all these high fee transactions in the mempool. And sharing transaction fees with miners seems the only sustainable model in the distant future when halving of block rewards means that sharing fees is the only way we miners are going to get paid. Care to comment on that view?)

[rifleman74]

How long does it take from the time I start mining at Kano to the time when I get full credit for my hashrate when a block is found? I have mined at Kano before but not long enough to give it a fair chance. I know there is some formula where N is 5 but can someone translate that to hours? If I start mining at noon then at what time would I be fully credited when a block is found? At other pools I know it takes an hour or two. Similar at Kano or longer or shorter?

(As a sidebar, I really think Kano might be a good pool to mine at since block transaction fees are high right now with all these high fee transactions in the mempool. And sharing transaction fees with miners seems the only sustainable model in the distant future when halving of block rewards means that sharing fees is the only way we miners are going to get paid. Care to comment on that view?)

log in, click payout in the upper right below your hash rate, the information is there.

The pool hash rate for the last day is roughly 45.87PHs which means the 5Nd 'ramp' is roughly 7days 9hrs.

[unnknownuser]

Hello guys, I'm still waiting for my Antminers to come and I'm planning to join Kano's pool. But before, I have some questions:

Assume I'd have an Antminer S9 (14 THs) and assume that the pool's hashrate stays at 45 PHs, would I get after the ramp up roughly the 14/45000 of every block found by the pool?

How can I calculate the average time needed by the pool depending on the pool hashrate to find a block?

Thanks in advance, I really like this thread and I'm looking forward to be part of it.

[kano]

Hello guys, I'm still waiting for my Antminers to come and I'm planning to join Kano's pool. But before, I have some questions:

Assume I'd have an Antminer S9 (14 THs) and assume that the pool's hashrate stays at 45 PHs, would I get after the ramp up roughly the 14/45000 of every block found by the pool?

How can I calculate the average time needed by the pool depending on the pool hashrate to find a block?

Thanks in advance, I really like this thread and I'm looking forward to be part of it.

Average blocks per day on my pool calculator.
It defaults to the current pool hash rate when you first go to the page:
http://tradebtc.net/bitcalc.php
Pool Average Blocks per Day: (currently 0.66)

How much you'll expect to earn is 100% PPS * MeanTx% * 0.991 (pool fee)
i.e. if pool luck is 100%, then you expect to get 99.1% of the MeanTx% times 100% PPS
My calculator above gives 100% PPS * 0.991 if you enter your hash rate.
You'd multiply that by MeanTx% - which varies a lot
(there's also "BTC to expect per Day per TH/s:" near the top - that's based on 100% PPS)

How much you will actually get, depends on pool luck.
If luck is above 100% then you'll earn more.
If luck is below 100% then you'll earn less.
Variance here is now quite high due to the low 45PH/s pool hash rate.

[unnknownuser]

...

Thanks a lot, I didn't know you have a calculator. This makes it easier.

[Bigsky]

Wowzer,

Just saw a 25.9btc block

Never seen 13btc transaction fees before

[powrslave]

[rifleman74]

Wowzer,

Just saw a 25.9btc block

Never seen 13btc transaction fees before

All of these transactions waiting are slowly getting eaten up by blocks.   It's a great time to be a miner!