Topic: Quick question, kano.is or slushpool? (Read 3710 times)

It's listed there in the first post, and has been for a very long time, the 3rd one that you removed from your quote?!?:

I really like this website it has everything about the pool in a graphical way. To us noobs it gets more clear

I just wonder why Kano.is doesn't publish the link at least for the registered users?

peace

I would like an invite too. I heard they'll pay miners a higher fee. thanks!

Well the details of that problem at slush that was swept under the carpet, and slush hid the details ...

The problem was that he wasn't even checking statistics properly on the pool at least for the whole month of last December ... ...

For (just) that month of Dec last year at slush:
https://bitcointalksearch.org/topic/m.13482822

Pool found 230 blocks (2 stales) luck was 79.34870522%
So that means they would expect to find 1/(79.34870522/100) * 230 = 289.8598 blocks
So the pool was down (according to luck stats) by 58.9 blocks ... which was 1496.5BTC in December
Yes that was 1496BTC less than expected 100% that the pool got and paid to miners.
You can probably subtract about 1% for orphans.

The chances of being ~20% down on luck for 230 blocks is next to impossible
Any pool should know how many blocks a miner is (currently) expected to have found.
If you don't know that, you won't detect withholding.
If a miner is down 10 blocks it means something is already wrong.

Also chances of being down even ~10% are extremely unlikely on 230 blocks ...

So really we are talking at least 30 blocks missing that you can't account to bad luck.
750BTC

So what actually happened was Genesis Mining was running proxy software pointed at slush that they hadn't properly checked was working to find blocks on the live bitcoin network.
They should have solo mined to test their software, not made the pool miners pay for their testing.

What should have happened is Genesis Mining should have returned all the BTC the pool paid them since they did not (and would not) find any blocks.
But instead, slush decided that the miners should pay the price of Genesis Mining testing their software.

I wonder what deal slush made with Genesis Mining ...

Yeah slush may have the longest running pool, but it's clearly the longest running in the dark not knowing what he should have been doing about checking miners

Edit: I edited this years later due to putting the wrong name

Not sure if your a shill, or just plain ignorant/stupid. You claim that slush pays x1.25 more than other pools, yet I checked that luck stats and for the last 250, it's only at 103%. Other pools can reach this, and there might be some pools that have had better luck recently. You must be comparing slush's recent luck with a pool that has had extremely bad luck. Also, remember when the whole genesis mining thing happened, and luck dropped a lot? Still making that 850$ US? (didn't verify your figures btw) More like 550$ US.

slush pool is the best pool!!!  they share trans. fees.  you get a vote.  they are transparent about everything. great support. vpn stratum servers.
the best real time dashboard out there.
hands down slush pool!!!!!!!!!
average 24 hr per pth is $670 us
slush 24 hr per pth $ 850 U.S. 

My first pool was on Slush and I even found my first block there. It is a pool that had payout problems while I was there, of not paying the proper amount. Then you always have the problem of not getting paid anything if your miners go down within in a certain time before the next block is found.

Since I left Slush I have tried just about every other pool and have found kano's to be the best for me as a set it and not have to babysit it pool. Well ran and honest, so my advice is Kano's pool.

My quick answer is that kano.is pays a little more but slushpool pays more regularly and has less variance. Thats putting the politics of bitcoin aside.

Kano runs a great pool. It's profitable, reliable, well written (by ck and kano), well run, transparent, and has a great and fun community (see the kano pool thread).

Slush is also a very nice pool. It was the first mining pool ever, created by the same person who developed the Trezor. They've invested a lot in upgrading the pool over the years. Slush has more built-in features and has an arguably better looking UI than Kano, but that doesn't make you more money.

One advantage that Slush has is that it offers several Bitcoin standards that you can vote on. The pool will direct your hash rate to the standard you choose. You can also choose no standard if you don't care.

Kano's pool has no voting mechanism. He's also an outspoken critic of Segwit. So if you mine on Kano's pool, you're effectively mining against Segwit. Not that it matters that much given that the pool is a small percentage of the total hashrate.

I've mined on both pools over the years. I recently switched from Kano to Slush because I disagree with Kano's stance on Segwit. Sure I'll have slightly less profitability, but at this stage it's more important for me to vote than eek out a little more profit.

That said, both pools really are great. Either one is a good choice.

Whatever you choose though, stay away from the pools that behave badly, like f2pool and antpool. Those pools have a history of SPV mining, mining empty blocks, etc. Large inefficient pools that centralize mining in China are a poor choice if you care about either short term profitability or the long term viability of Bitcoin itself.

I also provide that service at: https://ckpoolmonitor.zachmonroe.com/
And here is the thread for it if you have any questions: https://bitcointalksearch.org/topic/kanopool-monitor-hashrates-workers-rewards-and-notifications-for-kanpool-1331875

There are also Android and iOS apps as mentioned in the first post of the CKPool thread:

I believe that the site itself has charts of your hashing power, and an API call to see when your last share was. You can use those to give you a notification or let you know if your miners ran into a problem.

Hello, Is there a way to see in kano.is if there was any interruption when hashing? I need that

I think kano hit the nail on the head with this.

The little bit more you might get if you find a block sounds good, but...

What that makes you think: "oooh a little extra if I get lucky and find a block  "

What you should be thinking: "That means I'm getting a little bit less on every block I don't find.  "

Lets play with some imaginary numbers.
You have 35 TH/s.
The pool has 2000 TH/s.
The pool finds 100 blocks.
The fee on every block was 0.35BTC

If you find one of those blocks you get an extra 0.35BTC
If you don't find a block you do not get any extra.

If the pool pays fees to the miners you get 100 blocks x 0.35 BTC / 2000 TH/s x 35 TH/s = 0.6125BTC

Kano all day, every day.

No we average more transaction fees paid to miners, instead.

However, with p2pool, that block finder reward not only means you get paid a little more if you find a block, it also mean you get paid a little less for every other block p2pool finds to cover the block finder reward.

A block finder reward only increases variance, not expected reward.

Then of course there's the issue of not finding many/any blocks per diff change that affects your rewards badly ... ... ...

kano.is don't pay a extra % of the block reward to the
block finder like p2pool does.
Do a bitcointalk search about that topic

I mine with your pool. I think anyone with 1th  or more should  mine at your pool.
I have 24th pointed your way.

And I finally got parts to build a one board s9 which will be pointed your way.

It's just antpool - trying to hide the fact that they are getting larger, but splitting their hash rate across another pool.

Also - current Reward
"PPS - 0 fee"
 soon to be
"PPS - 1.5% fee"

Any PPLNS pool that includes transaction fees has a higher expected payout than that.

My pool for example:
Transaction fees have averaged over 3% for about 6 months or more (and have grown since then too)

So the "expected" payout (that we usually pay more than) is greater than PPS + 1.1%
The 1.1% comes from: pool fee of 0.9% and expected orphans of 1%

The difference is:
Do you want exactly PPS (or PPS - 1.5%) every day, or do you want a varying payout that's expected to be PPS + 1.1% or more?

Seems most people prefer to be paid less

On kano.is we've only had one month since March where the average PPS reward was less than "PPS - 1.5%"
August was "PPS - 3.16%"

September was "PPS - 1.33%" and all others since March have been above PPS - e.g. June was "PPS + 11.59%" ...

Kano pay the fees to the miners ! not sure about slush.

I'm just a bit bigger then you ... Kano FTW !

I'd like a invite too

You think this new bitcoin.com pool worth it vs kano.is?