Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1061. (Read 5352445 times)

And another Fatty to bring us back up over 100% for the month. 

Block! by schmokeandapancake

Edit: S9v2

S9v2
Also was a 2min 13s block so not at all bad with 0.8BTC txn fees

Block by Biffa with 91TH/s!  This is your 7th Kano block and our 2nd of the day! 

Looks like an S9... 

Wow...I didn't notice, either, until Carl said something. Nice! My truck needs a new starter... 

Now that is something to get excited about!! 

And I didn't even notice that this is a humongous block at 14.42762603!  This is our new record for post-halving block sizes! 

Block by Rdawg with 96TH/s! (S7?)  This is your 15th Kano block and our 1st of the day! 

And a payout! 

Well PPS payout doesn't include txn fees by definition.

With PPLNS it's up to the pool to decide if they include them or not.
e.g. AntPool doesn't so their expected PPLNS reward is a little under 100% PPS (assuming they get few orphans - but I don't know)

The expected luck here is 99% since I take a stab in the dark at assuming 1% orphans.
The block turn around here is very fast so orphans should be lower than 1%.
History shows them a bit under 1% - 13 orphans for (1720 blocks + 13 orphans) = 0.75%

Gotcha. Plus, most do not include transaction fees in the block reward.


I think I'm picking up what you're putting down.  I don't exactly understand the role of luck beyond a "measurement" or "evaluation" tool.


As a way to try comparing PPLNS with PPS, but not necessarily payments because of the complexities of factors - such as my little S3 went down last night for seven hours.

Thanks for your accessibility and responses. I really like the 5n system - once I figured it out. I think I'll point my S9s here once they arrive from BITMAIN and give PPLNS a go.

Well if you compare to a PPS pool, they are 100% minus the pool fee.
So, e.g. if they charge a 3% fee, then their payout is 97% PPS

The PPS% number on the right is the average PPS paid to everyone on the pool.
It's shown on the top "Block Statistics" table and the "Monthly Statistics" table.
The blue ? at the top right of the "Block Statistics" table explains it when you click on it

Of course it's not an exact PPS value, just the average for "the block count" or "the month", since we're PPLNS not PPS
So if you've mined the whole month with the same hash rate you should have got very close to that PPS% number for the month.
The actual amount can be above or below it depending on when you mined, your hash rate, the pool hash rate and luck during that.

It's simply "mean txn%" * "luck%" * 0.991
0.991 subtracts the pool fee

Since the Mean Tx% is quite high, it easily pushes us above 100% PPS if luck for the month is the expected 99%
As the January figure shows, a Luck% for the month of 96.7% still averaged a bit over 101% PPS here

Stupid automobile and social engineering.  That starter would buy part of an S9.

I had a typo.  I meant to say 99.1%, but your reference to 95% would lead me to think 95% in the CKPool is equal to 100% PPS in other pools because of including fees in the block?


YEAH!!!!

This is good. The starter on the truck just crapped out. 

And a nice fat one too! 

A7v2

Block by cobramining!  This is your 15th Kano block and our 1st of the day!  

And 2 payouts just hit the wallet! 

There is no such thing as stable luck. It not something you can control. The next share your machine, or my machine, or any other machine on the entire bitcoin network might be good enough to solve the block. Then again it might not. That's luck. It's the same as playing the lottery, the only control you have is how many tickets you buy. The more tickets you buy increases the chance of winning. No amount of skill, second guessing, dreaming the winning numbers, or buying it from leprechaun at the luckiest store in town guarantees the win. You are not guaranteed to win, unless you have every possible combination. You're odds of winning do not increase every week that you buy a ticket. Each drawing has it's own separate outcome and you have the exact same odds every drawing provided you have the same number of tickets. There is no cumulative effect. If your odds of winning are 100 million/1, that does not mean that if you play in 100 million drawings you will win one. You might win the first time, but you might never win.

In the bitcoin world, it's how many hash your machine produces or how many the pool you joined produces.

The current world wide hash rate is approximately 3,200,000,000,000,000,000 every second. That's a lot of hashes competing for the solution.

But you can't win if you don't play. 

Meanwhile, there's indications that we're also the fastest full validation pool on the bitcoin network

That bitmain guy who pays for pretty much all the ckpool code changes, runs a web site that uses cgminer to track pool block changes, and of all the full validation pools that don't risk the security of the bitcoin network, we seem to regularly be at the top of the that section of list lately.
https://poolbench.antminer.link/

It's not an overly reliable measure, but it's interesting none-the-less.

Yes - that's called withholding.

No other pool monitors it as well as I do.
I run a luck report that gives a full analysis of all hash power from different perspectives, over multiple time ranges every time before I run a payout.

It would probably be better to look at the web site rather than guessing, it says what the numbers are, which isn't:

It has been under 95% once - December - in all the monthly data shown there for the last 7.x months.