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Topic: BITMAIN announces Antpool - page 4. (Read 383058 times)

copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
April 06, 2018, 12:18:34 PM
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I mean put 1 miner on another pool for a week or 2 just to test its returns against all your other miners in another pool.

Can do a comparison on returns then

Your missing my point:  All pools have random luck.  That luck averages out over a period of something like 250-1000 blocks to approximately 100% - as expected.   Using the optimistic  250 number, if your Slushpool and find a dozen blocks a day, that is 20 days.  If your Kano and find a block every couple of days, that is something like 500-750 days.

You CAN NOT compare returns over a period of a week or two and have a statistically valid result.

What you can do is run the math and figure out which will pay out better over a year or so.
full member
Activity: 462
Merit: 118
April 06, 2018, 12:11:28 PM
Yep but the best way is to always test it over a week or 2.
Thanks for the comprehensive info

Only if you like to gamble.  Even Slushpool has good weeks and bad weeks.  Its why their webpage displays their 250 block "luck" - since that should always be close to 100%.  I've seen plenty of times when the other stats there were well below 100%.

Likewise, if you look at the KanoPool block stats, their 500 and alltime average are around 100%, all stats under 50 blocks are well over average, the others are below.

This is not a game to be played for "a week or 2".  

Do not confuse "luck" with "fate" - one looks backwards, the other forward, and they are only randomly in sync.  Its like saying "I predict that half the time you flip a coin it will come up heads" and saying I'm good predictor for future things.

I mean put 1 miner on another pool for a week or 2 just to test its returns against all your other miners in another pool.

Can do a comparison on returns then
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
April 05, 2018, 09:33:10 AM
Yep but the best way is to always test it over a week or 2.
Thanks for the comprehensive info

Only if you like to gamble.  Even Slushpool has good weeks and bad weeks.  Its why their webpage displays their 250 block "luck" - since that should always be close to 100%.  I've seen plenty of times when the other stats there were well below 100%.

Likewise, if you look at the KanoPool block stats, their 500 and alltime average are around 100%, all stats under 50 blocks are well over average, the others are below.

This is not a game to be played for "a week or 2".  

Do not confuse "luck" with "fate" - one looks backwards, the other forward, and they are only randomly in sync.  Its like saying "I predict that half the time you flip a coin it will come up heads" and saying I'm good predictor for future things.
full member
Activity: 462
Merit: 118
April 05, 2018, 03:23:30 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

U have detailed numbers of this?

You can start here:  https://en.bitcoin.it/wiki/Comparison_of_mining_pools

The two key aspects are:  Fee percentage (lower is better) & transaction fees being shared

During the boom last December, transaction fees topped 40% of the block reward.  That means pool operators that did not share those fees got rich off their miners work.  

After that, fee percentage rules - if you pay less, you earn more.  Pretty simple.

It gets a bit more complicated when you go down to the next level.  PPS is straight forward, but high risk for the pool operator, so their fees typically range about 4%.  PPSLNS (and various variations) pay when the pool gets a block.  That raises your variance (how regular your payments are), but allows for a lower fee since the pool operator is taking less risk.

Then there is size.  Mining is typically a long term endeavor, but that doesn't mean you might be happy with getting a big payout once a month.  If the pool is too small that is the risk (or even less often for some rather small pools).  Pools like Slushpool typically find dozens of blocks a day, so the payouts are pretty smooth.  Kano sized pools find a few blocks a week - not bad.  Over a long enough time period, that aspect should blend out to be the same for everyone (presuming they find blocks on a reasonable schedule - not once a year!).  Remember:  If the pool you select is small, your payout frequency may be long, but the amount will be bigger - given everything else is equal (fees, transaction fee sharing, etc).

I should also point out that any pool claiming to pay more than 100% is getting those rewards from somewhere.  If you see that, read the fine-print.  Pools are not free to run or maintain, they need to charge something to do so unless they are very very small and running in someones basement.  Nothing wrong with that, but your not likely to get the best support, nor will the pool be able to grow much, with such an endeavor.  For instance, one recent pool is advertising 105% payout.  If you read the fine print, that payout is guaranteed so long as the transaction fees are AT LEAST 10% of the block reward.  The 105% simply referred to the block reward, not the combined block + transaction reward.

Yep but the best way is to always test it over a week or 2.
Thanks for the comprehensive info
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
April 04, 2018, 04:08:22 PM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

U have detailed numbers of this?

You can start here:  https://en.bitcoin.it/wiki/Comparison_of_mining_pools

The two key aspects are:  Fee percentage (lower is better) & transaction fees being shared

During the boom last December, transaction fees topped 40% of the block reward.  That means pool operators that did not share those fees got rich off their miners work.  

After that, fee percentage rules - if you pay less, you earn more.  Pretty simple.

It gets a bit more complicated when you go down to the next level.  PPS is straight forward, but high risk for the pool operator, so their fees typically range about 4%.  PPSLNS (and various variations) pay when the pool gets a block.  That raises your variance (how regular your payments are), but allows for a lower fee since the pool operator is taking less risk.

Then there is size.  Mining is typically a long term endeavor, but that doesn't mean you might be happy with getting a big payout once a month.  If the pool is too small that is the risk (or even less often for some rather small pools).  Pools like Slushpool typically find dozens of blocks a day, so the payouts are pretty smooth.  Kano sized pools find a few blocks a week - not bad.  Over a long enough time period, that aspect should blend out to be the same for everyone (presuming they find blocks on a reasonable schedule - not once a year!).  Remember:  If the pool you select is small, your payout frequency may be long, but the amount will be bigger - given everything else is equal (fees, transaction fee sharing, etc).

I should also point out that any pool claiming to pay more than 100% is getting those rewards from somewhere.  If you see that, read the fine-print.  Pools are not free to run or maintain, they need to charge something to do so unless they are very very small and running in someones basement.  Nothing wrong with that, but your not likely to get the best support, nor will the pool be able to grow much, with such an endeavor.  For instance, one recent pool is advertising 105% payout.  If you read the fine print, that payout is guaranteed so long as the transaction fees are AT LEAST 10% of the block reward.  The 105% simply referred to the block reward, not the combined block + transaction reward.
member
Activity: 658
Merit: 21
4 s9's 2 821's
April 04, 2018, 07:48:29 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

U have detailed numbers of this?

Look around, it’s not even close
full member
Activity: 462
Merit: 118
April 04, 2018, 05:38:06 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

U have detailed numbers of this?
member
Activity: 658
Merit: 21
4 s9's 2 821's
April 03, 2018, 12:24:56 PM
As I've stated, I have decided to switch pools to SlushPool three days ago, throughout my time on AntPool I kept all of the stats for my income and decided to share it with you guys.

I switched to SlushPool after reading these forums, and people giving a figure of AntPool paying about 20% less than Slush and Kano. Unfortunately the first full day mining on Slush (16.01) I got 0.00597, which is the second worst payout I've ever had, the worst came on the (07.01) due to dead ports on AntPool, and me averaging 38 TH/s. But as I've come to understand Slush has a lot more variability, so it was just probably unlucky to hit one of the worst days at the beginning.

Slush was really unlucky 3 days ago. It's finally making up for it today it seems. I switched from Slush to Kano just before these blocks hahahawawaawaaa...

Anyways, there'll be good days and bad days. Lately there's been too many bad days on Slush imo. But, even if Antpool paid more than Slush, I'd mine on Slush if Kano wasn't an option.

Although I applaud both of your for switching to a pool that share transaction fees, I'm curious why you did not go to Kano.is?  Slushpool charges 2%, Kano charges 0.9%.  Variance is higher on Kano, but getting better by the day.  UI isn't as slick, but for me, profit is what mattered.  Kano community is great (just check the Kano thread in this section).  There is a fairly steep ramp-up for full payment, but that is just a delay, not a penalty (e.g. if you left, you would continue getting paid as you "ramped down" at the same rate you "ramp up".).

You're a good man ccgllc.   MINE ON WITH KANO-SAN!
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
April 03, 2018, 12:21:15 PM
As I've stated, I have decided to switch pools to SlushPool three days ago, throughout my time on AntPool I kept all of the stats for my income and decided to share it with you guys.

I switched to SlushPool after reading these forums, and people giving a figure of AntPool paying about 20% less than Slush and Kano. Unfortunately the first full day mining on Slush (16.01) I got 0.00597, which is the second worst payout I've ever had, the worst came on the (07.01) due to dead ports on AntPool, and me averaging 38 TH/s. But as I've come to understand Slush has a lot more variability, so it was just probably unlucky to hit one of the worst days at the beginning.

Slush was really unlucky 3 days ago. It's finally making up for it today it seems. I switched from Slush to Kano just before these blocks hahahawawaawaaa...

Anyways, there'll be good days and bad days. Lately there's been too many bad days on Slush imo. But, even if Antpool paid more than Slush, I'd mine on Slush if Kano wasn't an option.

Although I applaud both of your for switching to a pool that share transaction fees, I'm curious why you did not go to Kano.is?  Slushpool charges 2%, Kano charges 0.9%.  Variance is higher on Kano, but getting better by the day.  UI isn't as slick, but for me, profit is what mattered.  Kano community is great (just check the Kano thread in this section).  There is a fairly steep ramp-up for full payment, but that is just a delay, not a penalty (e.g. if you left, you would continue getting paid as you "ramped down" at the same rate you "ramp up".).
member
Activity: 658
Merit: 21
4 s9's 2 821's
April 03, 2018, 11:00:44 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

And why is that?

Because, AntPool doesn't pay you, your FULL rewards. Sure, they might reward you everyday, or close to that, but they will
reward you LESS. AND, if they don't fool you there, they'll get your money from another pool they run under a different name,
or another pool they "influence".

What he said.   Get all of the fees you deserve!
newbie
Activity: 72
Merit: 0
April 03, 2018, 10:50:36 AM
Anyone missing LTC payment for 1st and 2nd april when Antpool was getting upgraded on 31st March ?
full member
Activity: 350
Merit: 158
#takeminingback
March 10, 2018, 03:02:44 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

And why is that?

Because, AntPool doesn't pay you, your FULL rewards. Sure, they might reward you everyday, or close to that, but they will
reward you LESS. AND, if they don't fool you there, they'll get your money from another pool they run under a different name,
or another pool they "influence".
newbie
Activity: 31
Merit: 0
March 09, 2018, 09:54:03 PM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.

And why is that?
member
Activity: 658
Merit: 21
4 s9's 2 821's
February 22, 2018, 11:25:26 AM
Honestly, almost any other pool is better than antpoo.   Kano, Slush....all better choices.
member
Activity: 68
Merit: 10
February 22, 2018, 07:34:54 AM

Hi, guys  what is "Kano" pool ? thanks
full member
Activity: 260
Merit: 101
February 22, 2018, 07:21:32 AM
Same here, all dead - Antpool not working. Moving to Kano.
full member
Activity: 350
Merit: 158
#takeminingback
February 22, 2018, 04:22:40 AM
Same here, all dead - Antpool not working. Moving to Kano.

Probably the best idea, that is, if you like to actually have answers  when something happens pool side. Goodluck!!!
member
Activity: 91
Merit: 10
February 22, 2018, 02:20:11 AM
Same here, all dead - Antpool not working. Moving to Kano.
copper member
Activity: 11
Merit: 8
February 21, 2018, 10:15:46 PM
Same here, antpool shows it's dead on all ports. Does anyone have it working?
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