KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[Raymond_B]

I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

I think you're confusing can't with won't. Honestly in the current climate you can't afford NOT to understand. Take the time, read, and hell ask questions, but making uninformed knee-jerk reactions is really not beneficial. Do that for any pool not just this one, but once you fully understand you'll see why this is a good pool.

[1713497069]

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[clgrissom3]

Off board!

Wow.

So it says my percentage of the block was .012... which should have earned me .0015 BTC when solved... $10, right?


But yall hit me with 0.00010210... lolololo ... 70 cents? For mining all day long with yall?

Why in the world would anyone stay?

I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

You may or may not read this or even understand any of it but maybe other newbies will get something from it...

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

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 payouts work?

The 5Nd "ramp" 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.  It goes on and on like that until all of the value of the shares you summitted are paid in full. 

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 the 5Nd payout model because the 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 more 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 hits 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.

The pool hash rate for the last day is roughly 214.42PHs which means the 5Nd 'ramp' is roughly 7days 19hrs.

[lok8nusa]

~
I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

There's plenty of info and help available, and you can't afford NOT to figure it out ... and once you do, the math will say you can't afford to leave KanoPool.

[Par Avion]

~
I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

There's plenty of info and help available, and you can't afford NOT to figure it out ... and once you do, the math will say you can't afford to leave KanoPool.

Which maths are you using?

https://www.minergain.com/

[kano]

~
I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

There's plenty of info and help available, and you can't afford NOT to figure it out ... and once you do, the math will say you can't afford to leave KanoPool.

Which maths are you using?

https://www.minergain.com/

Yep luck has been a little lower here, oh well, that's luck.
Been way higher here for the last couple of weeks, oh well, that's luck.

But luck doesn't including ripping off all your miners up to 500 BTC like slush did in Dec 2015, because slush, the longest running pool, never checked that there were problems with their miners and thus even though it was slush pool that was at fault for their lack of due diligence, and for allowing the miner, who was testing faulty code on the pool that withheld all blocks and was the cause, to get away with it, the miners lost out.
https://bitcointalk.org/index.php?topic=77000.msg13482822#msg13482822

Then there's the recent issue of having a 400PH miner on the pool with no found blocks listed, the pool got a run of 5 blocks statistically worse than any that even this pool has ever had (and we had a pretty bad run last October with a 929% and 875% in 5 blocks, where lots of people left) but slush's luck for those 5 blocks was worse than that ... and their reply:
'Hall of Fame is rather "for fun" statistics ...'

People trust bitmain and slush pool - oh well that's their prerogative I guess.

... and
https://bitcointalk.org/index.php?topic=789369.msg34577056#msg34577056

[BSGMiner]

I'm on board!

Off board!
...
70 cents?
...
Why in the world would anyone stay?

*** Because for 12 hours of 'work', you'll 'probably' get paid that amount five (5) times EVEN AFTER you've stopped mining ***

Feel free to come on back after you realize that PPLNS essentially averages your payouts over five (5) 100% blocks...

See my sig (it's all true), and we hope to see you back soon!

Edit: To put things in context, my last ramped-up (7.5TH/s) Avalon 741 payout was ~0.0005, so your ramped-up payouts should be something like ~3.75x that (e.g. 0.00186666 @ $7,000/BTC = $13/block). You'd ramp up and down to/from this amount based on how much you've mined here over the past 5Nd.

Edit 2: Do a test. Point one of your miners back here, and watch what happens on your kano.is > Workers > Shift Graph. You'll see your payouts ramp up according to your red avg line that shows how much you've contributed over the last 5Nd. If you repoint your miner again, your payouts and avg line will ramp back down.

[Hannu]

I'm on board!

Off board!
...
70 cents?
...
Why in the world would anyone stay?

*** Because for 12 hours of 'work', you'll 'probably' get paid that amount five (5) times EVEN AFTER you've stopped mining ***

Feel free to come on back after you realize that PPLNS essentially averages your payouts over five (5) 100% blocks...

See my sig (it's all true), and we hope to see you back soon!

Edit: To put things in context, my last ramped-up (7.5TH/s) Avalon 741 payout was ~0.0005, so your ramped-up payouts should be something like ~3.75x that (e.g. 0.00186666 @ $7,000/BTC = $13/block). You'd ramp up and down to/from this amount based on how much you've mined here over the past 5Nd.

Edit 2: Do a test. Point one of your miners back here, and watch what happens on your kano.is > Workers > Shift Graph. You'll see your payouts ramp up according to your red avg line that shows how much you've contributed over the last 5Nd. If you repoint your miner again, your payouts and avg line will ramp back down.

Oh, I dream about buy Avalon 741 on Canaan, I am offline in mornings on European time (Finland!). Cannot leave that miner alone, its old S5

[Apprentice]

is anyone looking into gettiing the Antminer S9-Hydro?

[Apprentice]

here is an interesting read!




https://twitter.com/Excellion/status/1034413924605603840

[Raymond_B]

is anyone looking into gettiing the Antminer S9-Hydro?

I think the general consensus is it's kind of a gimmick and is priced too high.

[Hannu]

is anyone looking into gettiing the Antminer S9-Hydro?

18 Th/s! ASIC   Next generation products.

[rifleman74]

~
I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.

There's plenty of info and help available, and you can't afford NOT to figure it out ... and once you do, the math will say you can't afford to leave KanoPool.

Which maths are you using?

https://www.minergain.com/

Yep luck has been a little lower here, oh well, that's luck.
Been way higher here for the last couple of weeks, oh well, that's luck.

But luck doesn't including ripping off all your miners up to 500 BTC like slush did in Dec 2015, because slush, the longest running pool, never checked that there were problems with their miners and thus even though it was slush pool that was at fault for their lack of due diligence, and for allowing the miner, who was testing faulty code on the pool that withheld all blocks and was the cause, to get away with it, the miners lost out.
https://bitcointalk.org/index.php?topic=77000.msg13482822#msg13482822

Then there's the recent issue of having a 400PH miner on the pool with no found blocks listed, the pool got a run of 5 blocks statistically worse than any that even this pool has ever had (and we had a pretty bad run last October with a 929% and 875% in 5 blocks, where lots of people left) but slush's luck for those 5 blocks was worse than that ... and their reply:
'Hall of Fame is rather "for fun" statistics ...'

People trust bitmain and slush pool - oh well that's their prerogative I guess.

... and
https://bitcointalk.org/index.php?topic=789369.msg34577056#msg34577056

Even if all that is true, it is still more profitable and consistent than here. Interesting. Don't be CNN

Not even close...

[Apprentice]

Off topic!

When cleaning the hashing boards from dust, one fell down on the floor... ouch!
It is being detected as a chain but with only 13 asic chips (ooooo...), No xxxxxxx. It is not hashing.

Any suggestions please?

[Steamtyme]

What style miner, has a board or chain no longer pointing at the pool? brought it on topic

You should check to see if there is a loose heatsink maybe you knocked a chip loose in the chain?? Just speculating on that one. I'm not really sure how all the chains operate if 1 chip goes dead or is loose.

My T9+ has a chain that has never hashed fully because the second chip in the chain has an issue. ! chip hashes it's little heart out that's all.

Edit: Also if no one can help you don't be afraid to venture out into the great unknown that is "mining support" there are still some helpful people out there.

[kano]

Block! from 1FX
Welcome to the acclaim board and the giveaway board
That's a 0.5 BTC bonus for 1FX since he's ramped up to above 5PH and below 9.5PH for that block

[bullnw]

Hello admin,

OOT
Question: should I have to ramp up to 5ND again if I changed the worker name to btc wallet addressed only from uid.login workername?

i already changed the login workername with only btc wallet addresses, and I checked it is not merged with uid bullnw.

is it possible the kano pool merged my previous hashrate 5ND ?

thank you

[kano]

Hello admin,

OOT
Question: should I have to ramp up to 5ND again if I changed the worker name to btc wallet addressed only from uid.login workername?

i already changed the login workername with only btc wallet addresses, and I checked it is not merged with uid bullnw.

is it possible the kano pool merged my previous hashrate 5ND ?

thank you

The 5Nd doesn't work that way.

If you switch your hash rate from one account to another or from one address to another, the resulting total reward will be the same.

As it says on Help->Payouts, the 5Nd is not withholding rewards, it's spreading them out - so the result of pointing 100TH as 1 or more accounts, or switching from one account to another account, will not affect the total reward at all.

Edit: I guess to add one more point, in case you only look at one or other account, as one account ramps down, the other account ramps up, but again the total reward of the 2 is the same as if you had only used 1

[bullnw]

Hello admin,

OOT
Question: should I have to ramp up to 5ND again if I changed the worker name to btc wallet addressed only from uid.login workername?

i already changed the login workername with only btc wallet addresses, and I checked it is not merged with uid bullnw.

is it possible the kano pool merged my previous hashrate 5ND ?

thank you

The 5Nd doesn't work that way.

If you switch your hash rate from one account to another or from one address to another, the resulting total reward will be the same.

As it says on Help->Payouts, the 5Nd is not withholding rewards, it's spreading them out - so the result of pointing 100TH as 1 or more accounts, or switching from one account to another account, will not affect the total reward at all.

Edit: I guess to add one more point, in case you only look at one or other account, as one account ramps down, the other account ramps up, but again the total reward of the 2 is the same as if you had only used 1

Ok it means that If only change the worker name into btc address it wont affect the total reward.
other question: why now when I login using UID the data and etc did not showing anything...i.e. the worker name showing zero hasrate.
thank you

[kano]

Hello admin,

OOT
Question: should I have to ramp up to 5ND again if I changed the worker name to btc wallet addressed only from uid.login workername?

i already changed the login workername with only btc wallet addresses, and I checked it is not merged with uid bullnw.

is it possible the kano pool merged my previous hashrate 5ND ?

thank you

The 5Nd doesn't work that way.

If you switch your hash rate from one account to another or from one address to another, the resulting total reward will be the same.

As it says on Help->Payouts, the 5Nd is not withholding rewards, it's spreading them out - so the result of pointing 100TH as 1 or more accounts, or switching from one account to another account, will not affect the total reward at all.

Edit: I guess to add one more point, in case you only look at one or other account, as one account ramps down, the other account ramps up, but again the total reward of the 2 is the same as if you had only used 1

Ok it means that If only change the worker name into btc address it wont affect the total reward.
other question: why now when I login using UID the data and etc did not showing anything...i.e. the worker name showing zero hasrate.
thank you

Because the account has no previous mining.

If you mine to an address, it's mining information is stored under that address, not some other account.

Mining to an address account is not the same as mining to an account that uses the same address.
They are two different unrelated accounts that the payout happens to go to the same address.

[bullnw]

Hello admin,

OOT
Question: should I have to ramp up to 5ND again if I changed the worker name to btc wallet addressed only from uid.login workername?

i already changed the login workername with only btc wallet addresses, and I checked it is not merged with uid bullnw.

is it possible the kano pool merged my previous hashrate 5ND ?

thank you

The 5Nd doesn't work that way.

If you switch your hash rate from one account to another or from one address to another, the resulting total reward will be the same.

As it says on Help->Payouts, the 5Nd is not withholding rewards, it's spreading them out - so the result of pointing 100TH as 1 or more accounts, or switching from one account to another account, will not affect the total reward at all.

Edit: I guess to add one more point, in case you only look at one or other account, as one account ramps down, the other account ramps up, but again the total reward of the 2 is the same as if you had only used 1

Ok it means that If only change the worker name into btc address it wont affect the total reward.
other question: why now when I login using UID the data and etc did not showing anything...i.e. the worker name showing zero hasrate.
thank you

Because the account has no previous mining.

If you mine to an address, it's mining information is stored under that address, not some other account.

Mining to an address account is not the same as mining to an account that uses the same address.
They are two different unrelated accounts that the payout happens to go to the same address.

OMG ok then I revert back using uid then..thanks