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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks  (Read 5349942 times)
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March 20, 2018, 10:14:15 AM
 #37421

If you get lucky and find more shares - faster than expected - then the pool may put your work difficulty up, assuming your hash rate is higher.
This will mean you'll average less shares of greater value - which is expected to end up the same.

If you get unlucky and find less shares - slower than expected - then the pool may put your work difficulty down, assuming your hash rate is lower.
This will mean you'll average more shares of lesser value - which is expected to end up the same.

In other words, no matter how "lucky" your miner is, it all ends up the same anyway. Smiley

But a "share" itself is just a way to prove your miner is doing some work, and (in general) has no influence on the block itself, right? So the goal of the "work difficulty" set to each miner is to maintain a balance between the load on the pool (too much shares submitted needs lots of processing power on the pool side in order to handle them) and making sure the miner actually WORKS for you (and not for some other pools at the same time). Am I correct?
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March 20, 2018, 10:16:55 AM
 #37422

Hi, I am new here and have Newbie questions?

I set my T9 to mine in kano pool, but many questions poping up my head

1. to set my wallet address, the kano pool web site ask me for password, what password it should be? i don't remember to set password for my wallet address.
Your kano.is login account password

Quote
2. what is the minimum amount of BTC to get payment?
Any reward of 0.00010000 BTC or more.
Any smaller ones will gather as dust to be paid later.
Any that or larger will be sent out (as it explains on the web site Help->Payouts) after each time we find a block.
(This will, however change soon)

Quote
3. how i can see the amount of BTC produced/mined, in other words where i can see my miner progress?
Since we're PPLNS we all get a reward every time someone finds a block.
So next block we find, you'll see a reward under Account->Rewards not long after.

Quote
4. It is normal that my worker higher invalid % than block %? checking on detail shows many stales?

thanks, i would appreciate any reply with answers  Huh
Well that depends on how much higher Smiley

Also, if you are not near the node you are mining to, try a closer node.
The nodes are listed here in the first post.
https://bitcointalk.org/index.php?topic=789369.0

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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March 20, 2018, 10:21:09 AM
 #37423

If you get lucky and find more shares - faster than expected - then the pool may put your work difficulty up, assuming your hash rate is higher.
This will mean you'll average less shares of greater value - which is expected to end up the same.

If you get unlucky and find less shares - slower than expected - then the pool may put your work difficulty down, assuming your hash rate is lower.
This will mean you'll average more shares of lesser value - which is expected to end up the same.

In other words, no matter how "lucky" your miner is, it all ends up the same anyway. Smiley
Well yes and no Smiley
Yes you're not expected to vary much from expected luck.
No, you can get lucky and unlucky sometimes, and find more or less shares than expected.

Quote
But a "share" itself is just a way to prove your miner is doing some work, and (in general) has no influence on the block itself, right? So the goal of the "work difficulty" set to each miner is to maintain a balance between the load on the pool (too much shares submitted needs lots of processing power on the pool side in order to handle them) and making sure the miner actually WORKS for you (and not for some other pools at the same time). Am I correct?
Well, basically yes Smiley
However, a block is a share also, that just happens to have the difficulty, or more, of a block.
So we definitely want everyone to find those shares also Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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March 20, 2018, 10:42:29 AM
 #37424

Hi, I am new here and have Newbie questions?

I set my T9 to mine in kano pool, but many questions poping up my head

1. to set my wallet address, the kano pool web site ask me for password, what password it should be? i don't remember to set password for my wallet address.
Your kano.is login account password

Quote
2. what is the minimum amount of BTC to get payment?
Any reward of 0.00010000 BTC or more.
Any smaller ones will gather as dust to be paid later.
Any that or larger will be sent out (as it explains on the web site Help->Payouts) after each time we find a block.
(This will, however change soon)

Quote
3. how i can see the amount of BTC produced/mined, in other words where i can see my miner progress?
Since we're PPLNS we all get a reward every time someone finds a block.
So next block we find, you'll see a reward under Account->Rewards not long after.

Quote
4. It is normal that my worker higher invalid % than block %? checking on detail shows many stales?

thanks, i would appreciate any reply with answers  Huh
Well that depends on how much higher Smiley

Also, if you are not near the node you are mining to, try a closer node.
The nodes are listed here in the first post.
https://bitcointalk.org/index.php?topic=789369.0

thanks for your quick reply

I am using NY node, due to I am in latin America, and check the invalid and stale, please:

orker Name:   Work Diff   :Last Share   Shares   :Diff   :Share Rate   «Elapsed   :Invalid   :Stale   :Dup   :Hi   :Rej   Block %   :Hash Rate
JDLSantos.MiltonDLS002   7.061k   7s   20,653   179,599,639   5.34THs   39m 56s   0.334%   543,725/58   0/0   57,372/14   0/0   0.006%   7.93THs
Total: 1 (1 active workers)   20,653   179,599,639   5.34THs       0.334%       0.006%   7.93THs
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March 20, 2018, 10:47:09 AM
 #37425

Hi, I am new here and have Newbie questions?

I set my T9 to mine in kano pool, but many questions poping up my head

1. to set my wallet address, the kano pool web site ask me for password, what password it should be? i don't remember to set password for my wallet address.

2. what is the minimum amount of BTC to get payment?

3. how i can see the amount of BTC produced/mined, in other words where i can see my miner progress?

4. It is normal that my worker higher invalid % than block %? checking on detail shows many stales?

thanks, i would appreciate any reply with answers  Huh
 



Bro! welcome to KANOPOOL!  Would like to set your expectation that the pool does not payout everyday and only pays when a block is found.
The payment is based on shares and it is called REWARDS in kanopool terms.

We depend on luck which always comes around back to 100% or the "expected". (my opinion, dear kanopool PROs, please dont scold me for saying this, just simplifying things to fellow newbie  Cheesy)

So in general, we only have to hope for a block found every month and hope for that expected 100% to be hit.

In general, this pool is fun as to the reason the community is very active and everyday you wake up, there is something new being talked about. Smiley
Also, the fees are very minimal.  If the pool is very lucky in that certain month, it will certainly hit (the BTC earnings) way way way higher than other pools. (tried antpool and slushpool).   If unlucky, we have to endure and shoulder some electricity cost and hope the next month will get lucky to cover up the current month and the next month.  Its just this cycle here in kanopool.  But what is best is yung community!  Lips sealed

in your questions above, im only capable to answer you 2 things:
2. what is the minimum amount of BTC to get payment?
- as Kano-san mentioned, its about the dust payment, but you don't have to worry about this since your using T9 and that is 12TH.
- at 58 PH a T9 with 12TH with BTC reward @ 12.5 will give you around 0.002586 BTC (rough estimate assuming the pool hash of 58 remains thesame and this is also asusming you are fully ramped up)

3. how i can see the amount of BTC produced/mined, in other words where i can see my miner progress?
- just look at your SHIFT graph page, youll see a small number that says "xx.yy av" (that is your ramped up average = this value should be around 12TH when your fully ramped up)
- if your referring to the BTC blocks found, you can go to the POOL > BLOCKS page, youll see the BTC block reward value there, also the expected and the blocks already found for the current month.
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March 20, 2018, 10:59:22 AM
 #37426

...
I am using NY node, due to I am in latin America, and check the invalid and stale, please:

orker Name:   Work Diff   :Last Share   Shares   :Diff   :Share Rate   «Elapsed   :Invalid   :Stale   :Dup   :Hi   :Rej   Block %   :Hash Rate
JDLSantos.MiltonDLS002   7.061k   7s   20,653   179,599,639   5.34THs   39m 56s   0.334%   543,725/58   0/0   57,372/14   0/0   0.006%   7.93THs
Total: 1 (1 active workers)   20,653   179,599,639   5.34THs       0.334%       0.006%   7.93THs

OK probably ping stratum.kano.is and compare to nya.kano.is
If they are about the same, then use stratum.kano.is as your first pool and that should reduce the stales a little.

Otherwise, 0.334% isn't all that bad.
Not being close to any of the nodes will make it a little higher, but that's OK.
Also, the Hi shares will probably not get any more since they usually happen when you first connect, and Hi don't matter.
So you should see the 0.334% go down a little over time.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
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March 20, 2018, 11:09:08 AM
 #37427


Guys, anybody knows where he went?  7 PH gone... so sad..
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March 20, 2018, 12:41:21 PM
 #37428

cryptostarusa=   7,713.58THs  awesome!





Guys, anybody knows where he went?  7 PH gone... so sad..

Huh?
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March 20, 2018, 12:50:21 PM
 #37429

cryptostarusa=   7,713.58THs  awesome!
Guys, anybody knows where he went?  7 PH gone... so sad..
Huh?
Yep. 7PH gone... And replaced with 10! Grin

Mine on!

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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March 20, 2018, 01:10:43 PM
 #37430

Small Miner Bonus Hash Giveaway

Week 1 in progress.




MINE ON WITH KANO-SAN!!!

Mine at Kano Pool. https://kano.is
S3 firmware by Kano.
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March 20, 2018, 01:15:10 PM
 #37431

C'mon, crack a block already ...

I'll wager cryptostar will break it Smiley

Vega 56 | Vega 64 | RX580 | GTX1070 | 1050Ti | S9 | L3+
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March 20, 2018, 01:24:36 PM
 #37432

Just received my 6 S9s from Bitmain. Now what to do with the 4 I don't have room for?    Huh

Colocation maybe??? I know alot are full, but you just might find an open spot.

I have still space for about 50. Location Iceland.
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March 20, 2018, 01:31:24 PM
 #37433

...
I am using NY node, due to I am in latin America, and check the invalid and stale, please:

orker Name:   Work Diff   :Last Share   Shares   :Diff   :Share Rate   «Elapsed   :Invalid   :Stale   :Dup   :Hi   :Rej   Block %   :Hash Rate
JDLSantos.MiltonDLS002   7.061k   7s   20,653   179,599,639   5.34THs   39m 56s   0.334%   543,725/58   0/0   57,372/14   0/0   0.006%   7.93THs
Total: 1 (1 active workers)   20,653   179,599,639   5.34THs       0.334%       0.006%   7.93THs

OK probably ping stratum.kano.is and compare to nya.kano.is
If they are about the same, then use stratum.kano.is as your first pool and that should reduce the stales a little.

Otherwise, 0.334% isn't all that bad.
Not being close to any of the nodes will make it a little higher, but that's OK.
Also, the Hi shares will probably not get any more since they usually happen when you first connect, and Hi don't matter.
So you should see the 0.334% go down a little over time.

We need a server in Iceland Tongue
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March 20, 2018, 02:05:31 PM
 #37434


So in general, we only have to hope for a block found every month and hope for that expected 100% to be hit.


I think that is a bit pessimistic - its more like a block every few days right now.  March has found 9, and its only the 20th.

Mined for a living since 2017.  Dabbled for years before that.
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March 20, 2018, 02:19:28 PM
 #37435

So in general, we only have to hope for a block found every month and hope for that expected 100% to be hit.
I think that is a bit pessimistic - its more like a block every few days right now.  March has found 9, and its only the 20th.
My thought exactly. I was gonna comment on that, but this pesky day-job got me sidetracked.

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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March 20, 2018, 02:42:40 PM
 #37436

Hi, I am new here and have Newbie questions...
...If unlucky, we have to endure and shoulder some electricity cost and hope the next month will get lucky to cover up the current month and the next month.  Its just this cycle here in kanopool...
Sorry if it sounds like I'm splitting hairs here, but I only bring a mere ~3.5THs to the pool, and I still cover my electricity costs.

You may consider a bad month like February "electricity laundering", but, hey, any month that I can exchange electricity for Bitcoin gives me an opportunity to make more than the USD I paid my electric with.

I know this puts a positive spin on things; however, the fact remains that if you look at MinerGain.com, you'll see it's still more profitable here than the big pools like Slush.

Never forget that big, corporate pool miners pay a premium for daily payouts!

Mine on with Kano!

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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March 20, 2018, 02:49:29 PM
 #37437


So in general, we only have to hope for a block found every month and hope for that expected 100% to be hit.


I think that is a bit pessimistic - its more like a block every few days right now.  March has found 9, and its only the 20th.

lol i would guess he is trying to refer to the blocks PER month column resulting in 100% i cant imagine how bad a luck % we would have if we only found 1 block per month lol. me i start to get alittle cranky after 72 hours :/.
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March 20, 2018, 02:54:52 PM
 #37438

cryptostarusa=   7,713.58THs  awesome!
Guys, anybody knows where he went?  7 PH gone... so sad..
Huh?
Yep. 7PH gone... And replaced with 10! Grin

Mine on!

Yep, probably just changed his name, removing the usa.  He's just fine.


MINE ON WITH KANO-SAN!
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March 20, 2018, 03:58:21 PM
 #37439

Hi, I am new here and have Newbie questions...
...If unlucky, we have to endure and shoulder some electricity cost and hope the next month will get lucky to cover up the current month and the next month.  Its just this cycle here in kanopool...
Sorry if it sounds like I'm splitting hairs here, but I only bring a mere ~3.5THs to the pool, and I still cover my electricity costs.

You may consider a bad month like February "electricity laundering", but, hey, any month that I can exchange electricity for Bitcoin gives me an opportunity to make more than the USD I paid my electric with.

I know this puts a positive spin on things; however, the fact remains that if you look at MinerGain.com, you'll see it's still more profitable here than the big pools like Slush.

Never forget that big, corporate pool miners pay a premium for daily payouts!

Mine on with Kano!


Exactly my point, the Feb death month...  Cheesy
This is just to set an expectation to new joiners that not all are good months but in generall all in all, as what all people here say and after my personal experience, kanopool is still the best.  Just have to set the expectations that there are months that what we call are sloOOow..  Cheesy

So my Feb earnings vs expenses.
I was fully ramped up until we got the feb 600% block.. ouch... for the whole month of feb, 1 X S9 fully ramped up only got me around 0.0187XXX BTC.
Feb 28 BTC closed at around 10,200 USD.  Unfortunate for me, electricity bill is around USD 0.2 cents per KWh.  
So i had to cover up for the electricity expenses for the death month.  Im OK with it since as what we always expect is, if there is a down month, there will always be a good month, which i believe could happen and is happening this month.. So as what KANO-SAN always mention, luck always evens out and goes back to 100%? Grin

Just wanted to clarify things out to set the right expectation again.  Because just like me, when i was fairly new to kanopool, i had soo much expectations and didnt really understand what things were, just just realized only early this year and unfortunate enough i was one of the newbies that was hit by the DEATH month of feb, but i endured and believed and stayed..thanks to this amazing community!
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March 20, 2018, 04:06:27 PM
 #37440


So in general, we only have to hope for a block found every month and hope for that expected 100% to be hit.


I think that is a bit pessimistic - its more like a block every few days right now.  March has found 9, and its only the 20th.

lol i would guess he is trying to refer to the blocks PER month column resulting in 100% i cant imagine how bad a luck % we would have if we only found 1 block per month lol. me i start to get alittle cranky after 72 hours :/.

Referring to the MONTHLY STATISTICS > LUCK %

From what i understand, it was always mentioned in the thread that luck always evens out and goes back to a 100%.
So looking at JAN + FEB + current MAR, were actually already at 96% luck which is now almost 100% so the FEB death month should have already been almost covered by now with the earnings from JAN - MAR (including the FEB death month).

Again, just want to set expectation to newbies that it wont be fast... but KANOPOOL is still the best pool alive with this very active community we have  Cheesy
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