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

[dutchlincoln]

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

[clgrissom3]

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear.  The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools.  Good luck chasing luck...that usually never works out like folks think it will

[MoparMiningLLC]

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear.  The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools.  Good luck chasing luck...that usually never works out like folks think it will

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017  --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if  I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time.  but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

[jimbocuzzi]

I still have 15 $55 bitmain coupons for anyone who wants them.

[clgrissom3]

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear.  The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools.  Good luck chasing luck...that usually never works out like folks think it will

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017  --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if  I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time.  but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

You make a good point and that is exactly how you can make out better on the KanoPool...play the long game.  Mathematically it's the simplest concept you can possibly have.  All pools will hit 100% of the expected blocks they should over time so the only difference between all the pools is 1) pool fees and 2) do they include transaction fees.  Both Kano and Slush pay transaction fees so they are even there.  KanoPool's fee is 0.9% and Slush's fee is 2.0% so over the span of a year you would expect to earn about 1.1% more by mining with Kano and that is holding true.  The math could not be any more basic than that.

[trev59]

KanoPool:     71,432.43THs     

[dutchlincoln]

KanoPool:     71,432.43THs     

It seems like i'm not the only one with a calculator... 

[clgrissom3]

KanoPool:     71,432.43THs    

It seems like i'm not the only one with a calculator...  

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself

[dutchlincoln]

KanoPool:     71,432.43THs    

It seems like i'm not the only one with a calculator...  

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself

And i think that you are too stupid to operate a calculator.... 
 
I know how the pool works, i've been mining nhere for over 6 months...

I'm afraid that you are not capable of understanding that luck on this pool is below average for a very very very long time... Hey, sure, it may differ 1-1.1% in fees, but when another pool comes close(r) to 100% luck (wich is the norm as you state yourself) they still pay more BTC for your hash... Second; when the overall pool hash is so low, it takes much longer to find a block, and kills your 5N rewards when you drop to another pool, as your 5N is already down to zero when the pool eventually finds a block.

So, stop throwing mud, try to better understand what you read, and be a little more respectful okay? 

[dutchlincoln]

ps.
It has nothing to do with Kano...
Great guy, responsive, and has a angel's patience...
I am sure there is no better pool operator, definately.

[clgrissom3]

KanoPool:     71,432.43THs     

It seems like i'm not the only one with a calculator... 

You're just not capable of understanding that pool size has no effect on the miner's total reward.  We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout.  You really should take up a hobby that involves less math before you hurt yourself

And i think that you are too stupid to operate a calculator.... 
 
I know how the pool works, i've been mining nhere for over 6 months...

I'm afraid that you are not capable of understanding that luck on this pool is below average for a very very very long time... Hey, sure, it may differ 1-1.1% in fees, but when another pool comes close(r) to 100% luck (wich is the norm as you state yourself) they still pay more BTC for your hash... Second; when the overall pool hash is so low, it takes much longer to find a block, and kills your 5N rewards when you drop to another pool, as your 5N is already down to zero when the pool eventually finds a block.

So, stop throwing mud, try to better understand what you read, and be a little more respectful okay? 

Yep, I'm too stupid to operate a calculator!

[trev59]

KanoPool:     71,432.43THs     

It seems like i'm not the only one with a calculator... 

I mean the hashrate drop is a pity...nothing more...
SAD!!!        

[dutchlincoln]

KanoPool:     71,432.43THs     

It seems like i'm not the only one with a calculator... 

I mean the hashrate drop is a pity...nothing more...
SAD!!!        

no, why?
Why is the (overall!!) hashrate drop a pitty? It only means more BTC for your Th...

It is a pitty that it effects this pool, true. If it was for me, this pool would have 2Ph!  (omg... Kano would go crazy...   )

[kano]

...
luck on this pool is below average for a very very very long time...
...

Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

[dutchlincoln]

...
luck on this pool is below average for a very very very long time...
...

Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....


2018 November…   53.99%
2018 October           84.71%
2018 September   134.25%
2018 August           95.66%
2018 July                  104.82%
2018 June                   85.60%
2018 May                   98.60%
2018 April                   100.37%
2018 March           143.33%
2018 February           44.10%
2018 January           116.47%
2017 December           99.76%


Avarage of past year: 85,6175%

[kano]

...
luck on this pool is below average for a very very very long time...
...

Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....

.
.
.

Avarage of past year: 85,6175%

Math fail.
Average for the past year including incomplete November but including December (as you did) is 97% luck
Found 200 Expected 206.53

-

Now I'll educate you on the meaning of a luck %

There have been low luck points in the last 115 weeks and high luck points also.
Alas more low than high.

Same as for this yeah up to October.
But this year those total low and high have averaged out to 101% at the end of October, but taken a dive for November.

So, no you are incorrect.

I wont point out the fact that over all time luck is still 101.5% ... oh wait I just did

[BSGMiner]

[dutchlincoln]

...
luck on this pool is below average for a very very very long time...
...

Nope - just this month ... which is NOT a very very very very long time.

Stats for this year up to the end of October is 101% luck
180 blocks found, 177.99 expected.

So no idea why you'd make that completely incorrect statement.

Last 1000 Blocks   115.9wks   luck:   96.68%

source: own website....

Well then I'll educate you on the meaning of that.

There have been low luck points in the last 115 weeks and high luck points also.
Alas more low than high.

Same as for this yeah up to October.
But this year those total low and high have averaged out to 101% at the end of October, but taken a dive for November.

So, no you are incorrect.

I wont point out the fact that over all time luck is still 101.5% ... oh wait I just did

ok.
Well, for now i will take my loss then and gamble at a different pool for now for 2% less... Since i switched a few weeks ago, it seems that my personal average might be higher after all then...

And again: nothing personal. Same as current, you just try to explain me, instead of throw mud or anything. I appreciate and respect that. Great example for many others, chapeau, hounestly.

[kano]

As I edited my post above:

.
.
.

Avarage of past year: 85,6175%

Math fail.
Average for the past year including incomplete November but including December (as you did) is 97% luck
Found 200 Expected 206.53

[kano]

Now to throw one more point into this
You CAN average months if you are looking at the PAPPS% number since that is average reward for the month.

So using the months listed on the web site:
2018 November… 53.92%
2018 October 84.93%
2018 September 134.59%
2018 August 95.93%
2018 July 105.36%
2018 June 87.48%
2018 May 99.26%
2018 April 101.19%
2018 March 144.89%
2018 February 44.93%
2018 January 152.40%
2017 December 127.65%

So the average month PAPPS% is 102.7% PPS rewarded
(including November so far)