KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks

[rifleman74]

Finally a block. Absolutely pathetic reward 0.0002BTC per day for an S9 running 24/7 I do hope we find another block sooner than this one or I will have to bail. Every day counts now as difficulty keeps ramping and more and more miners crowd the field and none of us can afford to run miners at a loss like this for very long.

Bitter much?  The block rewards are fairly small right now, this isn't the age of 16-18BTC blocks.   

Yeah, but a pool that appears to losing ground relative to the other pools is only going to increase variance....  I've ran my miner straight since 1/21 to get a 'reward' that doesn't cover power... Thats not why I mine, but this pool has all the makings of a death spiral if you look at the last 6 months...

https://kano.is/index.php?k=blocks

Don't you think most, if not all of us, ran their miner straight since 1/21?   What makes you more special than the rest of us?

[1715053073]

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[1715053073]

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[1715053073]

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[BTfd2e93]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

[Par Avion]

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

[Waztim]

Low Fees, Subject Matter Expert Running the Pool, 50+ PH's, Luck is Luck..... sometimes it is good, sometimes it is bad..... this pool IS NOT for the weak of heart or those who "expect" daily small payouts. This Pool is for people who understand probabilities, understand the fundamentals of Bitcoin and why we mine here. You cannot make an accurate assessment on a small sample size of information. You have to give it a larger sample size to make an accurate assessment. Bigger the sample (blocks over time) the more accurate your analysis. For me? No matter what the price of Bitcoin, no matter how difficulty goes higher, there is no better place I have found to send my Hash Rate to. None. Mine On With kano-San, the Best Bitcoin Mining Pool on Earth. Come on Block!!!

[akadamson]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

The payout on this last block is the only payout you will get.... Until the next block, there is no payout for 4 days after the first one... the 5N doesn't have anything to do with days.

[DPoS2]

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

They are in denial..  they still think it is just a difference of smaller quicker payouts vs bigger slower payouts and have no clue that they are bottoming out on small datasets

I mean, if you spin a roulette wheel 38 times are you going to get each number once??  Or do you have to spin it 38,000,000 to really get good representation?

Solo mining is viable too right?

[rifleman74]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

You only get paid on new blocks...but you'd like to have a few blocks found in the next few days as you'll see some of the shares "double" counted (or more depending on number of blocks).  Until we find another block, you don't get paid.

[rifleman74]

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

They are in denial..  they still think it is just a difference of smaller quicker payouts vs bigger slower payouts and have no clue that they are bottoming out on small datasets

I mean, if you spin a roulette wheel 38 times are you going to get each number once??  Or do you have to spin it 38,000,000 to really get good representation?

Solo mining is viable too right?

How's antpoo?   Love splitting that 12.5 right?   

[rifleman74]

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

Gee, because the same question is asked 3-5 times in the last 4-5 pages?  Nobody wants to take the time to read and familiarize themselves with this pool (or any other pool).  Not everyone is going to be spoon fed around here. 

[BTfd2e93]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

The payout on this last block is the only payout you will get.... Until the next block, there is no payout for 4 days after the first one... the 5N doesn't have anything to do with days.

Ok ... so that means based on same difficulty/pool hashrates etc .... 0.0036 BTC reward per block per 13.5TH is an expected value?

looking at the history of the pool... it seems the pool averages 2.5-3.5 PH per block.  So if we are looking at steady 54PH (which seems to be number thats been hovering) ... then it would seem the pool can find 15.4 to 21.6 blocks per month?

for an S9, that would be 0.05544 BTC to 0.07776 BTC per month? (based on current diff, hash & luck over the past few months (except current))

or am I off on a tangent?

[rifleman74]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

The payout on this last block is the only payout you will get.... Until the next block, there is no payout for 4 days after the first one... the 5N doesn't have anything to do with days.

Ok ... so that means based on same difficulty/pool hashrates etc .... 0.0036 BTC reward per block per 13.5TH is an expected value?

looking at the history of the pool... it seems the pool averages 2.5-3.5 PH per block.  So if we are looking at steady 54PH (which seems to be number thats been hovering) ... then it would seem the pool can find 15.4 to 21.6 blocks per month?

for an S9, that would be 0.05544 BTC to 0.07776 BTC per month? (based on current diff, hash & luck over the past few months (except current))

or am I off on a tangent?

You're heading down the right path but the numbers are a little low.   

[BTfd2e93]

Quick check folks ...

Im fully ramped (N ave 54TH+), for the last block i got 0.0144 BTC for 54TH (4xS9s).

is this amount the 1/5 of 5Nd payout?  So i would receive 0.0144 for the next 4 days based on current hashrates? (assuming no additional blocks are found in between)

this is my 2nd month here, so havent seen payouts in action much (other than the little one from the previous block)  Thanks.

The payout on this last block is the only payout you will get.... Until the next block, there is no payout for 4 days after the first one... the 5N doesn't have anything to do with days.

Ok ... so that means based on same difficulty/pool hashrates etc .... 0.0036 BTC reward per block per 13.5TH is an expected value?

looking at the history of the pool... it seems the pool averages 2.5-3.5 PH per block.  So if we are looking at steady 54PH (which seems to be number thats been hovering) ... then it would seem the pool can find 15.4 to 21.6 blocks per month?

for an S9, that would be 0.05544 BTC to 0.07776 BTC per month? (based on current diff, hash & luck over the past few months (except current))

or am I off on a tangent?

You're heading down the right path but the numbers are a little low.   

Thanks ... was just looking for a layman's interpretation here ... so all good.

[CryptoSol]

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

^This

we need more miners in the pool, more so than ever now, not less.  At a minimum let's not encourage people to leave.

[gusti_]

...
Thanks to both of you for your input. That small payout we got covers electricity and small profit... but it sucks lol.... hope we will get a better next week... or will have to sadly change.

Well there's 3 things.

Firstly, no we don't expect to ever get a 600% block.
Though they should average, over a large number of blocks (10's or 100's of thousands), to be 1 in about 400.
We expect 100%, but luck and expectation are two completely different things

Secondly, if you have ramped up, your next payout would match your expected reward per block.

Thirdly, if you do end up leaving, you'll still get (diminishing) rewards in any blocks found in the 5Nd after you leave.

Can you explain ramp up? What is that

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and The ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payments work?

The 5Nd means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.  On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid.  That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of 5Nd because it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be better than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hit a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit.

Thanks for the explanation, I kinda understand it now

[nazzer]

Let's not hit another 500 for a few more years please ... this one was stressful enough.

100% would be great!

[Mellis]

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

[ecosprog]

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

The ´Miner Reward´, ´Pool N Avg´, and your ´N Avg´ are different for each payout. Although your hash rate has ramped up, the reward has dropped and the pool hash rate has increased resulting in a smaller payout.

[Mellis]

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

The ´Miner Reward´, ´Pool N Avg´, and your ´N Avg´ are different for each payout. Although your hash rate has ramped up, the reward has dropped and the pool hash rate has increased resulting in a smaller payout.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

[robroyman]

Yeah it also doesn't help that the block mined was practically empty....

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

The ´Miner Reward´, ´Pool N Avg´, and your ´N Avg´ are different for each payout. Although your hash rate has ramped up, the reward has dropped and the pool hash rate has increased resulting in a smaller payout.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

[AerialGopher]

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

The ´Miner Reward´, ´Pool N Avg´, and your ´N Avg´ are different for each payout. Although your hash rate has ramped up, the reward has dropped and the pool hash rate has increased resulting in a smaller payout.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

Easy answer, share dilution.  you increased your hash rate ( or still ramping up) and your reward is lower than before in part due to the smaller Block reward  being only 12.44 instead of the other blocks @ 15-16.  The biggest factor is the POOL average has gone from 32.68 to 46.8.  
Basically if you want the rewards to be the same, you have to increase your  hashrate at the same rate as the pool rate  ie whatever that percentage is.  SO when large miners come with 9 or 10 PH, thats a tough one to keep up with. BUT after all he was the one that found that last block.

In reality .00054759 is about 4.50 USD. using 8000 USD for 1 BTC  I do understand over time that stuff adds up.  We are all after those little numbers.

On the upside, since the pool hasrate went up, the probability of finding more blocks goes up. So you should get more payouts than when the pool was at 28 PH.  Only time will tell.