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

[WBF1]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

You set rules and mentioned an answer but didn't mention a question, so im gonna assume the answer is 42.

Oops! I copied and edited the original which was following a quote. I can't fix it at this point in time, I'll have to come back to that.

The competition is basically to explain the 5Nd in the simplest form. There have been many explanations, but it is still somewhat of a mystery to many. It was in response to a certain member (padrinogtr) not being able to get it no matter what. He has to understand the answer in a way that he can explain it to others. I'm assuming he's a he...

Well the simplest explanation of 5Nd is that its 5*Nd where Nd currently = 3,007,383,866,429.7 and so 5Nd = 15,036,919,332,148.5

But if you mean the whole of PPLNS, its basically a moving average window.

The foundations you have to get first are:

- mining is done in shares.

- shares have difficulty

- a single, 100-difficulty share is (for PoW purposes) roughly equal to 100, 1-difficulty shares.

- Nd is the expected amount of work to be done in order to find a block (but this is an expected statistical average, meaning IN GENERAL and AT THIS POINT IN TIME, if you do 3,007,383,866,429.7 shares of work, you will solve block). When we talk about these % that get higher, Nd (or 1Nd, same thing) = 100%

So on kano.is when a block is solved, it looks at work done by all members in a window the size of 5Nd numbers of shares backwards in time, and splits the rewards of the newly solved block proportionally among the work done in that window (after skimming the pool fee of 0.9% off the top).

Here are some pictures

Scenario A:



In this scenario, 1Nd = 700 shares. When block AA is solved, the pool looks back 5Nd worth of shares, calculates the total shares, then divides the block rewards accordingly.

Total shares = 3500 ... Miner 1 = 500 ... Miner 2 = 1000 ... Miner 3 = 2000

Miner 1 = 14.28% ... Miner 2 = 28.57% ... Miner 3 = 57.14%

So if block reward is, say, 13 BTC, then

Miner 1 gets 1.83 BTC ... Miner 2 gets 3.68 BTC ... Miner 3 gets 7.36 BTC ... pool gets 0.117 BTC


-----

Scenario B



In this scenario, when block Z is solved, the pool looks back 5Nd worth of shares (as above), calculates the total shares, then divides the block rewards accordingly.

Total shares = 3500 ... Miner 1 = 1775 ... Miner 2 = 900 ... Miner 3 = 825

So if block reward is 13 BTC again

Miner 1 gets 6.53 BTC ... Miner 2 gets 3.31 BTC ... Miner 3 gets 3.03 BTC ... pool gets 0.117 BTC

-----

Note that these scenarios are simplified and the 5Nd window doesn't always end on the same time a block is found. I just did that to make things simple. I believe Kano does the 5Nd calculation by the shifts, which is explained on the help page https://www.kano.is/index.php?k=payout. Roughly, though, shifts are every 50 min or less and are defined by work changes, block solves, or pool restarts. Specifically though, shifts are NOT defined by amount of work done.

So realistically, there should be even smaller verticals inside each block-solve worth of work that are the shifts. It's just that in my examples, the 5Nd worth of work done in shifts would fit nicely into the block-solves worth of work.

Ninja edit2: someone please correct me if any of the above is wrong, but I'm 99% sure I've explained accurately. Whether it was simple enough... well... who knows.

[Jeremiah1610]

Canaan wants that block reward, almost 12k Th

[WBF1]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC  5 day - 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I'll take you up on that offer Unfortunately I'm unlikely to get above 800/900 GH/s for a week or two.....   Mining with the same username I use on this board.

It's not just a giveaway. He wanted an explanation of 5Nd and/or PPLNS in general... with pictures even!

[nazzer]

Last time I posted about the pool getting the expected block at 100% we got the block at 101%

Here's posting again at the expected %

Woo-hoo! BLOCK

Must be testing the new 841's

[padrinogtr]

Bingo!!!

[BSGMiner]

block, Block, BLOCK, bLoCk, BlOcK!!!

[kano]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

[Toll-Booth-Jim]

I APPROVE THIS BLOCK!!!

[Toll-Booth-Jim]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Smaller size = less BTC?

[soma909]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC  5 day - 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I'll take you up on that offer Unfortunately I'm unlikely to get above 800/900 GH/s for a week or two.....   Mining with the same username I use on this board.
https://imgur.com/msSFSBv.png

https://imgur.com/AZdQqYn.png

It's not just a giveaway. He wanted an explanation of 5Nd and/or PPLNS in general... with pictures even!

So I can just copy paste the PPLNS explantions from kano.is then

How about: PPS is for suckers who mine on dodgy pools - PPLNS is where it's at!

[storeship]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Not had much luck lately, another Friday block, lets crack another one today..

[perfectplus174]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC  5 day - 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I'll take you up on that offer Unfortunately I'm unlikely to get above 800/900 GH/s for a week or two.....   Mining with the same username I use on this board.

It's not just a giveaway. He wanted an explanation of 5Nd and/or PPLNS in general... with pictures even!

So I can just copy paste the PPLNS explantions from kano.is then

How about: PPS is for suckers who mine on dodgy pools - PPLNS is where it's at!

You're missing the point of the contest though.  Read the rules.

[rifleman74]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Smaller size = less BTC?

Yes, but that's the breaks.   Make the next solved block bigger!


MINE ON WITH KANO-SAN!

[kano]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Smaller size = less BTC?

Yep - as I said, there were very few transactions available at the time - even segwit transactions - we include both types in our blocks.
Fewer transactions mean smaller rewards - as you can see on the Blocks page it was 12.51725753BTC and on the Rewards page the miner reward was 12.40460222BTC

[kano]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Not had much luck lately, another Friday block, lets crack another one today..

Well considering most blocks are not very high in transactions at the moment - as I said - a block is a block
Antpoo just had a 8,387 byte block - even smaller - 1/3 of the transactions we had
The last block above 16BTC was 34 blocks ago, block 511,574 coz it was a 40 minute block.
I certainly don't think a block close to 100% is unlucky ...

[rifleman74]

Another tiny one - but this was REALLY tiny.
The block was 35 seconds after the previous network block and the txn mempool was pretty empty - the block size was only 34,103 bytes!
There were quite a few small blocks before it, but that was the smallest in the last 10 network blocks.
Well - a block is a block

Not had much luck lately, another Friday block, lets crack another one today..

Well considering most blocks are not very high in transactions at the moment - as I said - a block is a block
Antpoo just had a 8,387 byte block - even smaller - 1/3 of the transactions we had
The last block above 16BTC was 34 blocks ago, block 511,574 coz it was a 40 minute block.
I certainly don't think a block close to 100% is unlucky ...

100% is what we expect, now let's raise our expectations for this block and get it quick!


MINE ON WITH KANO-SAN!

[soma909]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC  5 day - 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I'll take you up on that offer Unfortunately I'm unlikely to get above 800/900 GH/s for a week or two.....   Mining with the same username I use on this board.
https://imgur.com/msSFSBv.png

https://imgur.com/AZdQqYn.png

It's not just a giveaway. He wanted an explanation of 5Nd and/or PPLNS in general... with pictures even!

So I can just copy paste the PPLNS explantions from kano.is then

How about: PPS is for suckers who mine on dodgy pools - PPLNS is where it's at!

You're missing the point of the contest though.  Read the rules.

Yes I know. My replies were meant jokingly. There are probably 500 questions/complaints in the thread already - "why are my payments less than poolx", "I hash at this or that TH/s but my share stats look like they are divided by 5" etc.

[gaud]

Welp, my plan took a dive. I'm gonna tweak my rules a bit and give it one last shot before I call it off because it's going to get lost in the pages anyway. I think the changes will open it up to a lot more miners who may have a good answer (including NEW miners).

-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
BTC  5 day - 50 TH/s giveaway !!!! BTC


I want to see how well the small miners understand this and can explain it on a level where YOU(and others, including myself) fully understand it. I want that light bulb to go off and have ZERO doubt about how we are getting paid for our shares and I will donate 50 TH/s for a period of 5 days to a lucky winner.

My rules:

1- You have to have been mining on Kano's Pool with a hash rate between 1 and 20 TH/s
2- The rewarded hash has to be pointed at Kano's pool.  (to be confirmed by Kano)
3- You have to submit your answer in response to this quote and give 2 working examples including the payouts calculated.
4- padrinogtr will have to be able to explain his new understanding with his own example in response to the submitted answer and have the answer's accuracy verified by Kano.
5- New miners to the pool are welcome, though you will have had to have been here for at least the last block (this will help ramp your 5Nd up much sooner!!)

The 5 day 50 TH/s award will start as soon as I am able to see confirmation and have access to my controllers. I will of course need a worker name.
I understand this is dependent on some cooperation from others, but hey it's 50 TH/s on the line and I'm currently only running about 70 TH/s, so it's a big deal to me.

5 days - 50 TH/s .... don't let us down padrinogtr!!!!!! There was talk of others donating some hash too. If their offer is still good, that hash will be separate and in addition to the 50 TH/s I am donating.

*Of course, this is for fun and in the event of a hash rate failure, I will not be obligated to make it up as noted in prior promotions. I hope I'm not leaving out any details. I will stay active with the announcements as well as open to hearing some feedback or details that should be edited.


Thanks everyone and MINE ON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

I'll take you up on that offer Unfortunately I'm unlikely to get above 800/900 GH/s for a week or two.....   Mining with the same username I use on this board.
https://imgur.com/msSFSBv.png

https://imgur.com/AZdQqYn.png

It's not just a giveaway. He wanted an explanation of 5Nd and/or PPLNS in general... with pictures even!

So I can just copy paste the PPLNS explantions from kano.is then

How about: PPS is for suckers who mine on dodgy pools - PPLNS is where it's at!

You're missing the point of the contest though.  Read the rules.

Yes I know. My replies were meant jokingly. There are probably 500 questions/complaints in the thread already - "why are my payments less than poolx", "I hash at this or that TH/s but my share stats look like they are divided by 5" etc.

if kanos explanation worked he wouldn't still be confused and there would be no contest lol.

and to that other fellow i do NOT aprove this block i want another one !!!

[Shazam!!!]

Sooo nice to wake up to a found Block!!!

[Vene]

Hi,
I am new to the pool. 
I have joined few days back. I am cranking around 37Th/s

So just wanted to check how exactly are shifts and rewards calculated.

Here are my shifts on the last block.
https://www.dropbox.com/s/p1eb92ekp0xha2v/shifts.JPG?dl=0

And here is the reward.
https://www.dropbox.com/s/sf8e3wv1nnez7bl/reward.JPG?dl=0

Of course I dindt work all shifts for the block but reward looks so tiny for 3 days of cranking with approx 37Th/s. 

Thanks.