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

[kano]

I just noticed in the shift graph page that the time is off by one hour in respect to the graphic itself and the time lines. The rightmost part of the graphic should be the current time, but that is marked two steps behind in the time line (assuming one step is half hour).

I think it takes about an hour to update the chart.  The chart represents 40+days of data so it can't move but so fast

Another sub-100% block!  Another good day!

The shift graph updates once every shift.
Which is (usually) once every 50 minutes (see Help->Payouts)

However, it's a point graph, not a bar graph, so the point shown on the shift graph is half way between the start and end of the shift.
e.g. looking at the 2nd last completed shift right now "bcmqm nodoka"
it started at "Dec‑18 19:40:25" then the next shift "origami" started at "Dec‑18 20:32:08" i.e. that's when "nodoka" finished
Thus the point on the shift graph for "nodoka" is "Dec-18 20:06:16 UTC" which is half way between the two time stamps.

[MoparMiningLLC]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

[kano]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

Each reward calculates and says how long the 5Nd was.
The last reward was 561hr 1m 30s or about 23 and 1/3 days.

[MoparMiningLLC]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

Each reward calculates and says how long the 5Nd was.
The last reward was 561hr 1m 30s or about 23 and 1/3 days.

yes not a quite a month but close - my miners went offline Nov 26th so yes 23 days. so the reward I received yesterday will be my last one until I get back online. I have tried to run a miner in my house but after a few minutes the wife was like "hell no, get that thing out of the house" lol

[rifleman74]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

Each reward calculates and says how long the 5Nd was.
The last reward was 561hr 1m 30s or about 23 and 1/3 days.

yes not a quite a month but close - my miners went offline Nov 26th so yes 23 days. so the reward I received yesterday will be my last one until I get back online. I have tried to run a miner in my house but after a few minutes the wife was like "hell no, get that thing out of the house" lol

Find a room you're not using and exhaust it outside, like literally right next to the window.   I did that for 3-4 months at home, couldn't hear it inside minus walking by the room. 

[Steamtyme]

block found by    luckyant.5CF9BCCE6455 !

I am still offline but I still got a reward, though greatly diminished. but still nice to get something.

Must say I like the size of that last reward. It definitely helps to put some of the worries about getting to small at ease.
We are a nice size right now and still fall into the ever important metric of 100% being within a Diff period, if that makes sense. Now I'm looking forward to a block with that last 20 PH of Pool N average shed.

Stryfe or anyone else who has been priced out of their home situation for the moment. May want to check this out for Cryptoboreas they've updated availability, one bonus for new hardware would be that they are Canadian and you avoid those ROI killing tariffs.

https://bitcointalk.org/index.php?topic=500121.msg48591439#msg48591439


They did run into some issues with expanding and growth this year, due to their local municipal government. However if I weren't still okay at home this is where I'd be sending my gear.

[MoparMiningLLC]

Find a room you're not using and exhaust it outside, like literally right next to the window.   I did that for 3-4 months at home, couldn't hear it inside minus walking by the room. 

no empty rooms in my house. Still working on the electric company to at least turn the one meter back on - even if they wont install the transformer for the larger building. Hard to deal with them though when I work 50-60 hours a week and it being the holidays so a lot of time is spent with the family preparing for next week. Hopefully after the first of the year.

[NomadGroup]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

You can’t say that it is an advantage, simply because you never know when you crack a block, so it could be just when you were just starting to ramp up or when you almost ramped down after you left (if you decided to do so in a shorter term). And you may not hit any blocks while your ramp up is at its highest these days if you don’t stay for a long time.

By the way, you guys should start cracking the blockies pretty good sooN!  The difficulty has dropped by another 10% or so so now we are like we were at the beginning of June or something like that!  

My current daily rewards have more than doubled since after the difficulty drops!  So get ready for a green streak soon! 

[Artemis3]

You can’t say that it is an advantage, simply because you never know when you crack a block, so it could be just when you were just starting to ramp up or when you almost ramped down after you left (if you decided to do so in a shorter term). And you may not hit any blocks while your ramp up is at its highest these days if you don’t stay for a long time.

The whole point of this system is to deter people from doing just that (pool hopping). Once you are fully ramped up you could do things like take down a machine for cleaning and put it back up next day and hardly notice a dent in profit loss.

Also the frequency of the payments doesn't mean its paying less. If something, its paying little bit more (less tx).

You could get payments every day or every month, Does it matter if the sum of everyday payments in a month is equal to a monthly pay?

[NomadGroup]

You can’t say that it is an advantage, simply because you never know when you crack a block, so it could be just when you were just starting to ramp up or when you almost ramped down after you left (if you decided to do so in a shorter term). And you may not hit any blocks while your ramp up is at its highest these days if you don’t stay for a long time.

The whole point of this system is to deter people from doing just that (pool hopping). Once you are fully ramped up you could do things like take down a machine for cleaning and put it back up next day and hardly notice a dent in profit loss.

Also the frequency of the payments doesn't mean its paying less. If something, its paying little bit more (less tx).

You could get payments every day or every month, Does it matter if the sum of everyday payments in a month is equal to a monthly pay?

It didn’t really matter before (since it did usually sum up to 100% luck at the end of the month) and it might not even matter now for people that have just a few miners (for taking off the shelf for cleaning  ) and put out a couple TH or even a hundred, since they can probably cover the missing amount for the electricity out of their pocket and wait for the next month or more.  Until the luck evens out to 100%.

  BUT for people that push PH’s and get a 10k electricity bill at the end of the month and realize that they have to pay 5k out of their pocket (which they probably don’t have just laying around) because the luck was 50% this month, it really does matter!   And that will get you HOPPING LIKE A GRASSHOPPER, not knowing what to do!  

[kano]

Well if you don't understand variance that may be the case ...

E.g. a miner who makes 30% profit from mining, more than doubled their profit here vs any other pool in Sep.
If they make 20% profit, then Sep was better than a 250% profit month ...
... so I guess they spent all that on drugs, fast women and fast cars

If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...
But that requires some intelligence ...

[NomadGroup]

Well if you don't understand variance that may be the case ...

E.g. a miner who makes 30% profit from mining, more than doubled their profit here vs any other pool in Sep.
If they make 20% profit, then Sep was better than a 250% profit month ...
... so I guess they spent all that on drugs, fast women and fast cars

If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...
But that requires some intelligence ...

Yeah, if the miners saved all the profit from September then they might have had a chance to pay some of their electricity for the following 3 months here, but from the looks of the recent hashrate drop, most of them OBVIOUSLY didn’t and spent it all on Fast Women!

And I don’t understand why are you saying that in September every miner here doubled their profit compared to other pools?  . Is it because of the 130% luck or the 0.9% fee?

 I am not talking about September but rather about the current situation in which a 30% Profit is probably possible only in some place in Venezuela or China.

 But here in North America at this moment you’ll be lucky to just pay your electric bill.  If the luck is 60% this month and even if I know that the luck will be 150% the next, that still isn’t going to do any good for me.

If i don’t pay my bill by the end of this month, i won’t have electricity the next, If i don’t have electricity, I won’t have miners powered up to have them running for the next month when the luck “could be excellent”.  

Then all I get are the payments from the blocks on the ramp down with the miners being off until I could get enough money to pay the bill and start the miners again?  Would be same as hopping, the only difference is that I would be hopping in the same pool from days when I could afford to have the miners on to the days when the are off.

I prefer to keep mine on 24/7, at least until things don’t start to look more stable here.  

 Shouldn’t be hard to understand.  

And you probably meant to say “take the bad with the good”. And not the other way around. 

[rifleman74]

No, he most certainly meant "good with the bad".   Read his entire response again.

[kano]

If you only normally make a 10% profit for 100% luck, then September profit was over 400% of your usual profit.
i.e. if you normally make 10% of 100% then your costs are of course 90%, so Sept was 134% - 90% = 44%
and since you normally make 10% that's 4.4 times your normal profit so 440% of your normal profit in September.
Simple math - though usually it requires a little accounting understanding.
Total/Gross income doesn't mean much, it's Net that matters

Anyway, as rifleman pointed out and can be seen I specifically stated

If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...

Anyway, with the price dropping to about half, unless you were doing better than 50% as profit, that would mean you're losing money no matter what - so the pool luck isn't much of an excuse anyway.

[Hannu]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

I have technical problems about AntMiner  Offline since fall.

[HagssFIN]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

I have technical problems about AntMiner   Offline since fall.

The S5 you have is outdated already, just give it a rest. There is no point to use your time fixing it.

[NomadGroup]

If you only normally make a 10% profit for 100% luck, then September profit was over 400% of your usual profit.
i.e. if you normally make 10% of 100% then your costs are of course 90%, so Sept was 134% - 90% = 44%
and since you normally make 10% that's 4.4 times your normal profit so 440% of your normal profit in September.
Simple math - though usually it requires a little accounting understanding.
Total/Gross income doesn't mean much, it's Net that matters

Anyway, as rifleman pointed out and can be seen I specifically stated

If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...

Anyway, with the price dropping to about half, unless you were doing better than 50% as profit, that would mean you're losing money no matter what - so the pool luck isn't much of an excuse anyway.

Actually the profit in this pool in September wasn’t the question I’ve asked.

  I asked how did you calculate that the profit was double than any other pool?  If for example the luck in September was 100% in another pool and here it was 134% how would it make it more than double of profit?  Is it because of the 0.9% fee compared to let’s say 2%?  

And yes, if I wasn’t making 50% clean profit back then I would probably loose some money after electric bill nowadays, but It would still cover most of my electricity bill by the end of the month, when here if we get only half of the expected blocks by the end of the month, that would leave me with thousands of dollars to pay from my pocket, which I don’t have.  I think I explained MY situation pretty clear and I really don’t care how others pay to run their miners, I’m just sharing my case.

Besides.  I don’t know how long is the ramp up time these days but I definitely wouldn’t have the 10-20k to pay the electric company up front the first month.  

And Kano, I would love to hear your comment on why so many miners have left last month.  You think it was because of the drop of BTC price or did it have something to do with the pools luck?

The mining has become an industrial level business and it is very hard to stay afloat if you don’t have a couple hundred grand stashed away to gamble with.  But I don’t have more money to gamble with other than what I’ve made almost all in the Casino Kano.  

Don’t get me wrong guys, I don’t have nothing against Kano pool, simply because it has made me more than 20 BTC in like a year with just 3 s7’s at the beginning and then I added only like 7-S9’s.  These days of course I have a quite a few more and can only wish I had them all a year ago!  

I miss those days when we were getting like 12 blocks per day with just like 20PH!  


Merry Christmas to all and a Happy New Years.....

[Hannu]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

I have technical problems about AntMiner   Offline since fall.

The S5 you have is outdated already, just give it a rest. There is no point to use your time fixing it.

Yea i know, but bitcoin pool ASIC reward? 12.5 BTC... BTC hashing have been big digital industry. Biggest pools is on ASIA.

[NomadGroup]

That's the PPLNS advantage, slow to ramp up, slow to ramp down...

yep! I am getting at least something! I think I have been offline for a month now

I have technical problems about AntMiner   Offline since fall.

The S5 you have is outdated already, just give it a rest. There is no point to use your time fixing it.

Take it to the local Antique shop to see how much they will give you for it, for that price you might be able to buy the newest model Insilicon 47Th  

[Hannu]

If you only normally make a 10% profit for 100% luck, then September profit was over 400% of your usual profit.
i.e. if you normally make 10% of 100% then your costs are of course 90%, so Sept was 134% - 90% = 44%
and since you normally make 10% that's 4.4 times your normal profit so 440% of your normal profit in September.
Simple math - though usually it requires a little accounting understanding.
Total/Gross income doesn't mean much, it's Net that matters

Anyway, as rifleman pointed out and can be seen I specifically stated

If luck evens out 100%, then you OBVIOUSLY need to take the good with the bad ...

Anyway, with the price dropping to about half, unless you were doing better than 50% as profit, that would mean you're losing money no matter what - so the pool luck isn't much of an excuse anyway.

Actually the profit in this pool in September wasn’t the question I’ve asked.

  I asked how did you calculate that the profit was double than any other pool?  If for example the luck in September was 100% in another pool and here it was 134% how would it make it more than double of profit?  Is it because of the 0.9% fee compared to let’s say 2%?  

And yes, if I wasn’t making 50% clean profit back then I would probably loose some money after electric bill nowadays, but It would still cover most of my electricity bill by the end of the month, when here if we get only half of the expected blocks by the end of the month, that would leave me with thousands of dollars to pay from my pocket, which I don’t have.  I think I explained MY situation pretty clear and I really don’t care how others pay to run their miners, I’m just sharing my case.

Besides.  I don’t know how long is the ramp up time these days but I definitely wouldn’t have the 10-20k to pay the electric company up front the first month.  

And Kano, I would love to hear your comment on why so many miners have left last month.  You think it was because of the drop of BTC price or did it have something to do with the pools luck?

The mining has become an industrial level business and it is very hard to stay afloat if you don’t have a couple hundred grand stashed away to gamble with.  But I don’t have more money to gamble with other than what I’ve made almost all in the Casino Kano.  

Don’t get me wrong guys, I don’t have nothing against Kano pool, simply because it has made me more than 20 BTC in like a year with just 3 s7’s at the beginning and then I added only like 7-S9’s.  These days of course I have a quite a few more and can only wish I had them all a year ago!  

I miss those days when we were getting like 12 blocks per day with just like 20PH!  


Merry Christmas to all and a Happy New Years.....

20 PH/s you get good profit. $3,694.61/24h + ASIC blockie on bitcoin pool? If you have free electricity, you get $79/24h savings on budget.

Merry Christmas and Happy New Year!