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

[16plato]

Kano, can you reset my login? Getting a login failed too many attempts for some reason... (16plato)

Done.

Still not working. I usually login from a few different places.

[1714877878]

1714877878

[1714877878]

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[1714877878]

1714877878

[Shazam!!!]

<SNIP>

I was anticipating a payout on almost a daily basis...

Welcome!!!

 Although, in BIG CORPORATE POOLS, there can be enough overall hashrate for daily payouts, they are smaller than the rewards here.
Not to mention, the fees are higher, or altogether hidden in fine print. Also, people who join Kano'sPool with the "I get paid daily"
frame of mind, see smaller Rewards during the 5nd ramp, and instantly feel they are getting less than they deserve. They input their
numbers into an online calculator, and don't see the same results. However, those calculators don't figure in the 5nd. Out of fear, they start assuming they're better off somewhere else, before learning about the 5nd and getting their first "full power" rewards.

As Biffa stated, it all evens out. There is 100% truth to that statement. The variance can be nerve rattling at first, but when you
start getting full rewards, and you IGNORE the calculator, the initial fog clears. I've always looked at it as...I don't get paid daily at work.

Ultimately, at the end of the day, it's your decision, but if you're in this to learn about Bitcoin and want to earn more over the long run, there's no better Pool. Goodluck!!!

[Ze777]

Evening guys  

Any EU people willing to sell me some mining gear ?
Been hustlin for weeks to try and grab some equipment but nothing around these parts that`s worth a look at,only really really old gear (that i already got a few of) and Scams-Ahoy
Asking for something around let`s say 800-1200$ ?
In desperate need of more TH
Much appreciated

EDIT : If any of you are willing to ship internationally,i`m also in on that,if the shipping costs don`t exceed smth like 200 bucks...Running really really low on options here   

[swanny88]

<SNIP>

I was anticipating a payout on almost a daily basis...

Welcome!!!

 Although, in BIG CORPORATE POOLS, there can be enough overall hashrate for daily payouts, they are smaller than the rewards here.
Not to mention, the fees are higher, or altogether hidden in fine print. Also, people who join Kano'sPool with the "I get paid daily"
frame of mind, see smaller Rewards during the 5nd ramp, and instantly feel they are getting less than they deserve. They input their
numbers into an online calculator, and don't see the same results. However, those calculators don't figure in the 5nd. Out of fear, they start assuming they're better off somewhere else, before learning about the 5nd and getting their first "full power" rewards.

As Biffa stated, it all evens out. There is 100% truth to that statement. The variance can be nerve rattling at first, but when you
start getting full rewards, and you IGNORE the calculator, the initial fog clears. I've always looked at it as...I don't get paid daily at work.

Ultimately, at the end of the day, it's your decision, but if you're in this to learn about Bitcoin and want to earn more over the long run, there's no better Pool. Goodluck!!!

Instead of looking at daily payouts.  I like to look at the whole month or combination of months.

https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing


But I'll admit it is nice getting 3 payouts some days...haha

[Shazam!!!]

Instead of looking at daily payouts.  I like to look at the whole month or combination of months.

https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing


But I'll admit it is nice getting 3 payouts some days...haha

This is Great!!! Would you mind if I shared this in my promoting??? What equipment are you using??? Also, the 3x days are Awesome!!!

[minergain.com]

Instead of looking at daily payouts.  I like to look at the whole month or combination of months.

https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing


But I'll admit it is nice getting 3 payouts some days...haha

This is Great!!! Would you mind if I shared this in my promoting??? What equipment are you using??? Also, the 3x days are Awesome!!!

Shazam, I have all kinds of real-time stats including my kano mining info, BTC prices to the minute, mempool, difficulty and all kinds of real time info.  I am a techy and not always the best at presentation - which you seem great with both.  In any case, I could easily code up a special image/chart or html that you can embed into your promotions if you can come up with something that is easy to understand at a glance (nice formatting).  Here is a monthly summary for my single s9 on Kano - pretty much no down time so around 13.6Th/s average.  The miner rewards page can also show individual block, daily, weekly and yearly summaries.  I also have the pool users and hash that I could average out to the timer period if would be good to include.

KanoPool Monthly BTC Reward List:                        
                        
Date   Blocks   Reward   Dollars   $ Now   Gain   Coin/Day   $/Day   Days
2018-05   6   0.0070868   $62.98    $59.86    -4.96%   0.0005238   $4.65    13.53
2018-04   22   0.0278895   $222.41    $235.56    5.91%   0.0009297   $7.41    30
2018-03   20   0.0545584   $485.70    $460.82    -5.12%   0.0017599   $15.67    31
2018-02   5   0.0177944   $166.24    $150.30    -9.59%   0.0006355   $5.94    28
2018-01   8   0.059831   $832.72    $505.35    -39.31%   0.00193   $26.86    31
2017-12   10   0.0892185   $1,189.85    $753.57    -36.67%   0.002878   $38.38    31
2017-11   16   0.0808605   $626.45    $682.97    9.02%   0.0026953   $20.88    30
2017-10   35   0.0661209   $345.59    $558.48    61.60%   0.0021329   $11.15    31
2017-09   47   0.1068673   $458.01    $902.63    97.08%   0.0035622   $15.27    30
2017-08   48   0.1153894   $446.97    $974.61    118.05%   0.0037222   $14.42    31
2017-07   6   0.0095916   $26.29    $81.01    208.14%   0.0025181   $6.90    3.81
Total   223   0.6352083   $4,863.22    $5,365.16    10.32%   0.0021878   $16.75    290.34

This obviously is ugly too - and one of those fancy charts may look better.  I also have this level of details for flush too, but probably better to just stick with the Kano results?  Anyway, something to consider if you would like me to spin something up for you.

[Shazam!!!]

@Minergain

Thanks for the help!!! A simple 1 month spread sheet with 1 S9, like swanny88 did, would be great. Since alot of people use S9's it gives people a good base to start with, when comparing their equipment. This way, it could help people with X amount of S9's or similar hashrates.

[kano]

Kano, can you reset my login? Getting a login failed too many attempts for some reason... (16plato)

Done.

Still not working. I usually login from a few different places.

Yeah you did it again.
Fixed.

You have to use your username to login as it says on the login page, not your email address.

[swanny88]

Instead of looking at daily payouts.  I like to look at the whole month or combination of months.

https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing


But I'll admit it is nice getting 3 payouts some days...haha

This is Great!!! Would you mind if I shared this in my promoting??? What equipment are you using??? Also, the 3x days are Awesome!!!

Not at all.  2 S9's now but I had a S9 and S7 before.  


I should add that I had to go off line for about 30 hours total around the 5th of the month so I probably lost about .001 for the month because of being offline.  Basically it was 1 Diff.

[porepete]

Can someone tell me if my brain understands this correctly,so I have 115 TH in the pool and I am making around 0.2 btc per month,if I want to keep making 0.2 per month forever I have to keep adding the same amount of difficulty increase each month in Th,so if the difficulty increases 10% if I add 10 TH my miners will have the same profitability next month.Do i get it?

[kano]

Can someone tell me if my brain understands this correctly,so I have 115 TH in the pool and I am making around 0.2 btc per month,if I want to keep making 0.2 per month forever I have to keep adding the same amount of difficulty increase each month in Th,so if the difficulty increases 10% if I add 10 TH my miners will have the same profitability next month.Do i get it?

Yes.
Though that's roughly correct, since diff changes every 2016 blocks or about every 2 weeks.
So you'd have to add that diff change amount of hash rate every 2016 blocks.

The best way to look at it, is that if you don't sell your BTC, it may be worth a lot more (or a lot less ) in the future

[rifleman74]

Can someone tell me if my brain understands this correctly,so I have 115 TH in the pool and I am making around 0.2 btc per month,if I want to keep making 0.2 per month forever I have to keep adding the same amount of difficulty increase each month in Th,so if the difficulty increases 10% if I add 10 TH my miners will have the same profitability next month.Do i get it?

Yes.
Though that's roughly correct, since diff changes every 2016 blocks or about every 2 weeks.
So you'd have to add that diff change amount of hash rate every 2016 blocks.

The best way to look at it, is that if you don't sell your BTC, it may be worth a lot more (or a lot less ) in the future

Yep I can mine for a "loss" in the short-term, if the longer-term payoffs are really really really great. 

[porepete]

So my goal is to have more than 10 btc in the long run,if I only use the btc I earn to add Th so that I keep making the same amount each month won't I reach my goal faster?

[rifleman74]

So my goal is to have more than 10 btc in the long run,if I only use the btc I earn to add Th so that I keep making the same amount each month won't I reach my goal faster?

But your costs will increase, more miners drawing more electricity (and cooling and whatever) to make that same amount of BTC each month. 

[porepete]

What if we leave out of the equation electricity and cooling costs and just account only for the cost of new miners,than if you add each month for example an s9 bought from the profits of previous months than you will make more btc in the long run instead of just waiting for your miners to become obsolete and than buy new ones.

[rifleman74]

What if we leave out of the equation electricity and cooling costs and just account only for the cost of new miners,than if you add each month for example an s9 bought from the profits of previous months than you will make more btc in the long run instead of just waiting for your miners to become obsolete and than buy new ones.

In theory I guess yes...but remember you're using more and more miners in order to make the same amount of BTC.    Of course if electricity was "free" in your scenario, I'd load up with as many miners as I could get my hands on.

[BSGMiner]

Kinda bummed at the moment reading how far behind I am considering how much the difficulty has risen since I started early this year...

Looks like my current setup has fallen behind profitability and eBay's reselling for 10x less than I paid. Only ~0.05 BTC to be generated over the next full year. That's almost what I'm up to now so far this year. No payoff in sight. Top it off with constant flak from my wife and no help when it shuts off while I'm at work.

Tough pill to swallow is all.

Mine on

Please don't comment--just a voice in the wilderness here...

[rifleman74]

Kinda bummed at the moment reading how far behind I am considering how much the difficulty has risen since I started early this year...

Looks like my current setup has fallen behind profitability and eBay's reselling for 10x less than I paid. Only ~0.05 BTC to be generated over the next full year. That's almost what I'm up to now so far this year. No payoff in sight. Top it off with constant flak from my wife and no help when it shuts off while I'm at work.

Tough pill to swallow is all.

Mine on

Please don't comment--just a voice in the wilderness here...

May look at co-locating your gear somewhere else so that you can possibly expand and "catch back up"?


MINE ON WITH KANO-SAN!

[swanny88]

How does this deal sound for electricity?  89.99 per month unlimited plus 4 cent per Kwh.


Bonus: It's all Wind power

[Kenni88]

BTClock! Lets make it Twosday or three!