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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks  (Read 5350614 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.)
Grog!
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January 29, 2018, 08:04:04 PM
 #34561

I think what he meant was the Coin per Day per TH/s has been decreasing as you get closer to present time:

0.00018586 CDT for Quarter
0.00014460 CDT for Month
0.00011849 CDT for Week

Name   Payout   Hash Rate   Network %   Users   Current Block   Week CDT   Month CDT   Quarter CDT   Year CDT   Web
KanoPool   PPLNS   39.13PH/s   0.19% of 20.45EH/s   1,302   505456 (7.67Dys)   n/a   0.00016478   0.00018878   0.00040412   kano.is
SlushPool   Hybrid PPS   2.14EH/s   10.47% of 20.45EH/s   17,845   506696 (12.47Mins)   0.00011740   0.00014460   0.00018586   0.00037287   slushpool.com

I don't think he means that, since, according to the data in the webpage, Kano pool is decreasing even more rapidly, having into consideration that kano is 0 CDT for this last Week (not n/a as is written in there... correct Week CDT for kano is ZERO)

But if minergain.com means that, then the question would be: Slush is decreasing its CDT rapidly compared to which other pool?
Yes, it is all very confusing - and you are right, I will change the n/a to 0 in a bit since it is actually 0 for the past 7 days.  

Obviously the weekly value is very meaningful on slush since they get tons of blocks every day now. The Kano weekly is not really that meaningful due to our low hash rate / variance.  For example, if we get a 15BTC block right now, I estimate my S9 reward will be roughly .00055BTC.  If I have my manual calc correct, that would make the weekly CDT equal .0000582.  Hitting 5 of them in the week like we did a couple weeks ago would make it somewhere near .0003.  So yes, if you are looking to stay at Kano for a week or two, this is not the place to be.  The difficulty is the biggest factor on the difference change, but if you look at the Quarter to Month, the decrease is more pronounced on slush.  Ok, now that I am blabbing about this, probably best to forget about it since it is all determined by the blocks we find.  

Maybe I will just say that I am here because I am "gambling" on bitcoin, and I have much better odds of winning bigger here where every block that is found has a much bigger reward - as shown by the yearly CDT.  So what those numbers mean is that every S9 running at 13.5Th/s for a year, you would get about 8% (.153984) more BTC by being with Kano ($2,300 additional at US$15,000 per BTC).

probability is a bitch and it plays with all of us... To say that Slush is decreasing rapidly might be right... but as it is as right as your good luck depends on my bad luck today, but tomorrow is a new day and tomorrow I could win... and then you will be the one decreasing rapidly.

I mean, even saying: "..weekly value is very meaningful on slush since they get tons of blocks..." I believe that bad luck lasts as much as it lasts... If you go to the historical data at minergain.com you will find for sure weekly CDT with greater value for slush than for kano, surelly it could even be found monthly CDTs following that condition. it is more rare, but probability is a bitch! I mean, permanent GOOD LUCK or permanent BAD LUCK doesn't exist in probability...
minergain.com
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January 29, 2018, 08:21:41 PM
 #34562

probability is a bitch and it plays with all of us... To say that Slush is decreasing rapidly might be right... but as it is as right as your good luck depends on my bad luck today, but tomorrow is a new day and tomorrow I could win... and then you will be the one decreasing rapidly.

I mean, even saying: "..weekly value is very meaningful on slush since they get tons of blocks..." I believe that bad luck lasts as much as it lasts... If you go to the historical data at minergain.com you will find for sure weekly CDT with greater value for slush than for kano, surelly it could even be found monthly CDTs following that condition. it is more rare, but probability is a bitch! I mean, permanent GOOD LUCK or permanent BAD LUCK doesn't exist in probability...
I agree and I stand corrected.  And isn't that the truth!  These numbers are 1000% the past and as the experts here have been trying to teach all of us that the past has ZERO bearing or impact on the future, good luck, bad luck or anything.  These numbers may not be meaningful to anyone here at all, but in my years of stock investments, I often do "what if" analysis of my portfolio had been invested differently.  I seldom make any changes when I see the results - because the past is the past.  In any case, that is why I went through the time to code this up.  Although tempting to dump the site, since it is coded up, I will keep it running - but yes, please consider minergain data as "entertainment" value only since I will never make a dime off that site and definitely don't need any liability for no possible ROI.

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
NCDiesel
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January 29, 2018, 08:32:03 PM
 #34563

In regards to supporting both a 741 and 821 on the same controller(I know it has been discussed elsewhere but I have follow-up questions that is more directly related to the pool so I will ask this here):

If I purchase a an 821 to go along with my current 741, it sounds like I'm fine with one controller, as long as I don't use the controller to alter or update any settings or software on the miner itself?   Since I seriously doubt I am enough of a mining geek to ever want to do that, I would prefer the simplicity of a single controller (plus, I would have to blow 10-15 bucks on a mini network switch in addition to the Pi, the case, etc).

Next question:  I would assume "best practice" for this pool (or probably any pool for that matter) is to combine the hashing power of all your machines onto one worker?(would avoid another 5Nd ramp up).  Or is a unique worker; each handling a group of identical machines, helpful in some other way I am not aware of?  

Lastly:  it appears the each controller only supports one worker.   Have I just not looked close enough?   Would an option to support another worker materialize if I plugged in a second USB cable from another AUC?

Inquiring minds would like to know.  Thanks in advance!!!

-------------------------------------
4 Avalon 841s
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January 29, 2018, 08:35:41 PM
 #34564

Changing the 'ramp' is not how PPLNS works, nor would it be appreciated by those already at the 5Nd.  If you want less 'ramp' time, increase the pool's hashrate by mining here!  Wink
You really missed the point and will be hoping to get 2 blocks in a month soon.. so sure, even if you solo mine 'the math works out' if you can live 7000 years or whatever

Fake news! Sad!

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
rifleman74
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January 29, 2018, 08:54:12 PM
 #34565

I left Slush for a number of reasons but here's one of the biggest...

When the pool was 1.52 Eh/s I was getting an average reward of 0.00050955 BTC for 40.5 Th/s.
When the pool was 1.82 Eh/s I was getting an average reward of 0.00036331 BTC for 40.5 Th/s.

The Slush pool is now over 2+ Eh/s so I can't even imagine how much smaller my payouts would be at this point. With my very limited actual results so far on Kano I am seeing an average of 0.02263097 BTC per block found. This is why I jumped to Kano although I do have some concerns if the pool shrinks. If it grows then of course rewards will as well but hopefully that helps us find more blocks as well. I would not change the ramp because it rewards the loyal and not the pool jumpers.


You guys all need to take a sober look at the blocks to blocks expected value on the Monthly stats page and stop drinking the kool-aid for a minute.   What I said about changing the ramp was a temporary promotional offer once you get the marketing ready to go after the bigger miner farms that aren't getting paid extra to be on the bigger pools

Maybe this place just can't be saved




Not happening.  Bye bye


Then you just said bye bye to this pool.. you can then mine your smugness



So why are you still here?   Go back to Antpoo
rifleman74
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January 29, 2018, 08:55:46 PM
 #34566

Each of us can mine where ever we choose. The rule I have always used and it has worked well for me, is as long as the expected time for a block does not exceed 1/2 the time for a difficulty change you should come out pretty well. Right now our expected time for a block is about 80 hours, so well less than 1/2 the time for a difficulty change.

If you go look at the Slush block history they have had several 200% blocks in the last 40 blocks at the time I am typing this. It is just their 200% blocks disappear and no one even realizes they had one in most cases due to the large hash rate. Getting paid more often does not mean you are getting paid more. Which 8 hour a day job would you take of these three:

Paid hourly: $20 per hour
Paid daily: $170 per day
Paid weekly: $900 per week

While it is nice to have a larger pool to lower variance, a larger pool also means a smaller percentage for a given hash rate. I would prefer to mine in a pool that is smaller and get a bigger piece of the pie. That's why I'm here. Mining is all numbers, it is hard to keep emotion out of it but in the end the numbers will tell the story. Sometimes it take a bit longer than others.

Mine on!

wow - you all are missing the point which is why you are the only ones left here.   Once the amount of expected blocks per month gets to single digits you are playing with fire.  Mining has monthly bills. If Feb's expected blocks is 5 and this pool only gets 3 that is a major cut in payouts.  And even if the luck improves the next month, that will be playing catch up at a disadvantage since even if the luck is the same each month, the next month pays less per your TH because of the network increase that the pool is fighting against.

So it is more than just variance once a pool gets too low to matter anymore



Some of us can afford to absorb the mining bills, it's obvious you can't   Run along little guppy!
clgrissom3
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January 29, 2018, 08:57:02 PM
 #34567

In regards to supporting both a 741 and 821 on the same controller(I know it has been discussed elsewhere but I have follow-up questions that is more directly related to the pool so I will ask this here):

If I purchase a an 821 to go along with my current 741, it sounds like I'm fine with one controller, as long as I don't use the controller to alter or update any settings or software on the miner itself?   Since I seriously doubt I am enough of a mining geek to ever want to do that, I would prefer the simplicity of a single controller (plus, I would have to blow 10-15 bucks on a mini network switch in addition to the Pi, the case, etc).

Next question:  I would assume "best practice" for this pool (or probably any pool for that matter) is to combine the hashing power of all your machines onto one worker?(would avoid another 5Nd ramp up).  Or is a unique worker; each handling a group of identical machines, helpful in some other way I am not aware of?  

Lastly:  it appears the each controller only supports one worker.   Have I just not looked close enough?   Would an option to support another worker materialize if I plugged in a second USB cable from another AUC?

Inquiring minds would like to know.  Thanks in advance!!!

If you have all unique workers you could spot a problem and identify offenders instantly.  If you run them all under one worker then you have to try to pinpoint which machine is causing a drop in hash rate.
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January 29, 2018, 09:00:15 PM
 #34568


...

Then you just said bye bye to this pool.. you can then mine your smugness


So why are you still here?   Go back to Antpoo

Haha!  Play nice kids! Grin
minergain.com
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January 29, 2018, 09:00:54 PM
 #34569

Some of us can afford to absorb the mining bills, it's obvious you can't   Run along little guppy!
As many have mentioned - we are a very patient group of people at this pool.  Lets continue to keep things professional team!

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
lrowland21093
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January 29, 2018, 09:05:30 PM
 #34570

I agree with rifleman74, if your margins are so tight that you cannot afford one or two months of bad luck, then you really have no business being involved in BTC!
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January 29, 2018, 09:21:46 PM
 #34571

I also agree with it being important to handle a few months of bad luck.  In fact I am prepared to lose everything I have put in - much like how I treat the lottery.  Although I can guarantee you that I would do much more heavy duty whining for a year at least if that happened.

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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January 29, 2018, 09:23:06 PM
Merited by Shazam!!! (1)
 #34572

Wow...what a way to return from 36 hours of recovering my workstation's primary HDD fail...  Kiss

I see all these comments, and actually took the time to read the last couple of pages. I run 43TH. I've been mining since the white paper. I've worked at senior levels in banking and IT.

Sure, I'm concerned about the lack of activity. No sane person would not be. I'm not panicking, though, as I sense a number of folks here are doing. I have to cough up USD$1200 every quarter for my hosting fees. I cleared my Core when I thought the government shutdown would be worse than it was (I remember former ones). I have to accumulate that value before Mar 1, and I have to have another two blocks to get there; I had figured before the end of January, but that may take a bit longer. When I get a block reward, however, at present spot that's maybe USD$400. So, once I've made the reserve for hosting, the rest is profit for me until March.

My machines all paid for themselves in less than 90 days. Bitcoin could completely go away tomorrow and I would not go broke by any means. I could have done the same biz plan with ten times that hash, but that's not what I'm into, and didn't want to answer to partners, deal with the paperwork, etc. I'm too old for that shit.  Roll Eyes

This pool has performed well for me for several years. I have no reason to doubt the veracity of Kano, or the operation. Luck is what it is. Kano would be shooting himself in the foot to mess with it all, and I value the transparency here more than anything.

One unrelated question...anyone had to install Core from the snap source in Ubuntu's software center, then bring in a wallet from one's previous Core? The names are different, for one thing.

Mine on.

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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January 29, 2018, 09:38:04 PM
 #34573

In regards to supporting both a 741 and 821 on the same controller(I know it has been discussed elsewhere but I have follow-up questions that is more directly related to the pool so I will ask this here):

If I purchase a an 821 to go along with my current 741, it sounds like I'm fine with one controller, as long as I don't use the controller to alter or update any settings or software on the miner itself?   Since I seriously doubt I am enough of a mining geek to ever want to do that, I would prefer the simplicity of a single controller (plus, I would have to blow 10-15 bucks on a mini network switch in addition to the Pi, the case, etc).

Next question:  I would assume "best practice" for this pool (or probably any pool for that matter) is to combine the hashing power of all your machines onto one worker?(would avoid another 5Nd ramp up).  Or is a unique worker; each handling a group of identical machines, helpful in some other way I am not aware of?  

Lastly:  it appears the each controller only supports one worker.   Have I just not looked close enough?   Would an option to support another worker materialize if I plugged in a second USB cable from another AUC?

Inquiring minds would like to know.  Thanks in advance!!!

If you have all unique workers you could spot a problem and identify offenders instantly.  If you run them all under one worker then you have to try to pinpoint which machine is causing a drop in hash rate.
Probably not appropriate for this forum.  But if you run a 741 and an 821 on the same controller, which firmware will you run on the controller?  the 821 or the 741?  And when  it comes time to update the MM firmware one won't know how to do that other.  You get the I2C block with either, and rPi3's are pretty cheap and the firmware is online for free.  So why not put the 741's on one and the 821's on the other... That's my plan.

Besides at the end of the day aren't you infinitely more happy that you don't have to have a million enet cables connected, one each to every miner like you do on some brands Smiley...

But seriously, this really isn't a Pool question, it's a hardware one and you would probably be served better asking it there to the Avalon guys.
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January 29, 2018, 10:00:07 PM
 #34574

Ive switched from slush 5 days ago to come here...I used to make about 120$ every 3 days there... Now that im with kano, I still havent made a single dime and im getting to 3th on the ramp....still 11th to go...

Im just hoping I didnt made a bad decision switching here because of diff rising and that ramping... Time is money and its fly
!! I came here because of all the good comments on the op and it looks like a big fam.

Anyways, I've put all my trust in Kano and feel like im here to stay!

Lets mine on and CRACK A DAMN BLOCK!
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January 29, 2018, 10:09:19 PM
 #34575

You guys and your drama...  Kiss

Quit yapping and get jiggy. Block is around the corner.
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January 29, 2018, 10:10:45 PM
 #34576

It sure has, Network diff keeps going up so coins/THs will go down no matter where you are, but we still get more here at kano no matter what people who don't fully understand PPLNS say...  Cheesy
Mine On!  Cool

I understand it, but it's still terrible marketing.  The pool isn't going to grow.

I switched and am on day 8 or 9 of 'slushpool' detox, and I understand ithe ramp, but the pool is never going to grow much bigger until it's moderated a bit.  16-24 days for full ramp?  That is an eternity in crypto, and this pool has all the makings for a pool of ghost miners still trying to crack a block after a year or more at sea.  Even a 1 week ramp would keep out most of  the rifraf.  

Either way, I hope it works out, am leaving my hash here, and hoping we crack a block soon...  But the future seems like the pool will stay the same size as everyone else grows.  Not good.

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January 29, 2018, 10:39:41 PM
 #34577

In a bunch of other hobbies that I have, it seems the same concept applies... Appliance operators and those that understand the technology and how to apply it.  I drank the slushie and left it because the more I understand the process the more this pool makes sense.  When I was an appliance operator, slushies seemed/felt good... but they were just slushies.

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January 29, 2018, 10:43:57 PM
 #34578

I do agree that the ramp up and ramp down are far too long, since they are more than 14 days (difficulty adjustment).  I know more hash rate would help get that further down, but it can be one minor negative to new miners who come online with kano.




MINE ON WITH KANO-SAN!
leowonderful
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January 29, 2018, 10:47:03 PM
 #34579

IIRC a few posts back someone compared their rewards on Kano versus rewards they received on Slush, and the rewards from Kano were far greater than Slush's. Mathematically Kano will always pay more than Slush with lower fees as luck comes and goes. The only way the ramp will go down is if more people join. That's just how PPLNS works on this pool to reduce variance.
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January 29, 2018, 10:49:53 PM
 #34580

I do agree that the ramp up and ramp down are far too long, since they are more than 14 days (difficulty adjustment).  I know more hash rate would help get that further down, but it can be one minor negative to new miners who come online with kano.




MINE ON WITH KANO-SAN!


Don't you have some miners at that other pool?  Smiley
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