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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1064. (Read 5352445 times)

sr. member
Activity: 277
Merit: 250


Sure  but can you tell me just how small the small miner is?

26.5 TH/s

That's very close to what I run. I have been averaging ~0.6 BTC/mo figured over the last 45 days. All that said, it can vary significantly. That's before power cost.

That looks like about .1 higher than Antpool.  Are the "significant" variations outside .1 range?  Ever had a point when you couldn't pay the electric due to these unexpected variants?  

Thanks!

In this pool the transaction fees are included in the miner reward minus pool fee of 0.9% of the total value of the block.  The antpool does not include the transaction fees.  That is the difference in the payouts you get here.  As always you can reasonably expect 100% everywhere you can point your miners but most places do not give you those transactions fees.  On top of that, PPS pools charge around 4% so your expected earnings drop to ~96% maximum.  Variance can be high here sometimes because of our small size but it is usually measured in days and not over longer time spans so it has never affected my operating costs (electricity, hosting fees, etc).  I've been at the Kano pool for the past 1354 blocks and I have been able to grow my hash from about 20TH to 120TH along the way.

One other note, we do not get daily payouts and most new folks can't seem to wrap their heads around that issue.  We get paid by the block hit based on this explaination found on the Help/Payouts page:

Quote
The block 'Status' must first reach '+101 Confirms' on the Blocks page, and then is flagged as 'Matured' before the reward is distributed.
The block reward transaction is created manually before the block matures, and sent out automatically a minute after the block matures.

The payout uses a zero fee transaction, so we will confirm it with the next block we find after the transaction is sent out.

We have 3 blocks in the queue waiting to be paid out.  As soon as we hit our next block, we will receive all three payouts.  Grin

Edit: corrected grammar usage... Cheesy

Over last 3 months our average reward (after pool fees) has been 13 BTC per block, and 12.9 BTC since the halving. That's an extra ~4% in the pockets of everyone mining here. It may not seem like much, but over the last 1000 blocks (42.5 weeks) it added 1 full BTC extra in my pocket. Pools like Antpool keep that for themselves. Yes the blocks are more frequent there, but the reward is far less. So, if you are in it for the long term, this is the place to be.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)


Sure  but can you tell me just how small the small miner is?

26.5 TH/s

That's very close to what I run. I have been averaging ~0.6 BTC/mo figured over the last 45 days. All that said, it can vary significantly. That's before power cost.

That looks like about .1 higher than Antpool.  Are the "significant" variations outside .1 range?  Ever had a point when you couldn't pay the electric due to these unexpected variants?  

Thanks!

In this pool the transaction fees are included in the miner reward minus pool fee of 0.9% of the total value of the block.  The antpool does not include the transaction fees.  That is the difference in the payouts you get here.  As always you can reasonably expect 100% everywhere you can point your miners but most places do not give you those transactions fees.  On top of that, PPS pools charge around 4% so your expected earnings drop to ~96% maximum.  Variance can be high here sometimes because of our small size but it is usually measured in days and not over longer time spans so it has never affected my operating costs (electricity, hosting fees, etc).  I've been at the Kano pool for the past 1354 blocks and I have been able to grow my hash from about 20TH to 120TH along the way.

One other note, we do not get daily payouts and most new folks can't seem to wrap their heads around that issue.  We get paid by the block hit based on this explaination found on the Help/Payouts page:

Quote
The block 'Status' must first reach '+101 Confirms' on the Blocks page, and then is flagged as 'Matured' before the reward is distributed.
The block reward transaction is created manually before the block matures, and sent out automatically a minute after the block matures.

The payout uses a zero fee transaction, so we will confirm it with the next block we find after the transaction is sent out.

We have 3 blocks in the queue waiting to be paid out.  As soon as we hit our next block, we will receive all three payouts.  Grin

Edit: corrected grammar usage... Cheesy
full member
Activity: 315
Merit: 120


Sure  but can you tell me just how small the small miner is?

26.5 TH/s

That's very close to what I run. I have been averaging ~0.6 BTC/mo figured over the last 45 days. All that said, it can vary significantly. That's before power cost.

That looks like about .1 higher than Antpool.  Are the "significant" variations outside .1 range?  Ever had a point when you couldn't pay the electric due to these unexpected variants?  

Thanks!
legendary
Activity: 952
Merit: 1003
... can somebody please provide the argument for a small miner using the pool and the level of predictability for payments?
Sure  but can you tell me just how small the small miner is?

26.5 TH/s

That's very close to what I run. I have been averaging ~0.6 BTC/mo figured over the last 45 days. All that said, it can vary significantly. That's before power cost.
full member
Activity: 315
Merit: 120
... can somebody please provide the argument for a small miner using the pool and the level of predictability for payments?
Sure  but can you tell me just how small the small miner is?

26.5 TH/s
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
I recently learned about the CKPool from a YouTube video, BitCoin Master I believe.

I like the shared fees, not-China and as a hobby miner with an S3 who is waiting for two S9s I think this is a better model than Antpool.  However, I do not understand the payout percentage.  I am sure this has been covered, but can somebody please provide the argument for a small miner using the pool and the level of predictability for payments?

Thanks!  I am happy to be joining the BTC world. 


Sure  but can you tell me just how small the small miner is?


100gh
1000gh
2000gh
5000gh    are all small in my book.


I can make a good argument   to mine here if you are 1000gh to 5000gh  or larger.

But if you are tiny  no  don't mine here.

Under 500gh  and you are close to dust.  If dust you won't be paid  for  years ??   or maybe never.

but 2000gh  and you would be paid.





full member
Activity: 315
Merit: 120
I recently learned about the CKPool from a YouTube video, BitCoin Master I believe.

I like the shared fees, not-China and as a hobby miner with an S3 who is waiting for two S9s I think this is a better model than Antpool.  However, I do not understand the payout percentage.  I am sure this has been covered, but can somebody please provide the argument for a small miner using the pool and the level of predictability for payments?

Thanks!  I am happy to be joining the BTC world. 
full member
Activity: 266
Merit: 119
Thanks kano, flashed the controller and MM firmware and it went with no problems. I was worried that DHCP mods would be overwritten,  but there was an option to save the configuration. Pretty happy that I can play now with the voltage offsets.
hero member
Activity: 658
Merit: 500
Visualize whirledps
Allllllrrriiiigghhhhhttt!!!!! 29 freaking HOURS!!!!When this levee breaks it's gonna take out the town. They won't feel no pain!

LOOOOOOKKKKKKKOOOOOOOUUUUUUUTTTTTTTTTTTTT!!!!!!!!!

FAAAAAALLLLLLLLLLLLIIIIIIIIIINNNNNNNNNNNNNNGGGGGGGGGGG

BBLLLLLLLLOOOOOOOOOOOOOOOOOOOOCCCCCCCCCCCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKK!!!!!!!!!!


Yeah, just being a little melodramatic. Wink I know we just passed 120.27 %
Just getting the throngs of people already lined correctly and not smashing those of front!! Smiley

Smiley Best wish and Happy Mining!!  Grin Grin

**Kano. I was told by a poster in another thread that I "must have been a winner for a new Avalon". given away by you for supporting your argument. Just wanted to know if it would be cheaper for you yo send to my work or home?   Grin Grin
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Well ... considering it's only just hit 120%, you'll find this or longer on average 1 in every 3.3 blocks ...
Time is not a factor in the determination, the number of hashes is.
hero member
Activity: 658
Merit: 500
Visualize whirledps
Allllllrrriiiigghhhhhttt!!!!! 29 freaking HOURS!!!!When this levee breaks it's gonna take out the town. They won't feel no pain!

LOOOOOOKKKKKKKOOOOOOOUUUUUUUTTTTTTTTTTTTT!!!!!!!!!

FAAAAAALLLLLLLLLLLLIIIIIIIIIINNNNNNNNNNNNNNGGGGGGGGGGG

BBLLLLLLLLOOOOOOOOOOOOOOOOOOOOCCCCCCCCCCCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKK!!!!!!!!!!
hero member
Activity: 658
Merit: 500
Visualize whirledps
Thank you, Dear Kanoians, for welcoming me back to the pool and making me feel right at home with a sweet 26-hour block!!
I wish I owned a "replicator!".

Time for Some BLOOOOOOOOOCCCCCCCCCCCCCCCCCKKKKKKKKKKKKKKKKKKKKKSSSSSSSSSSSSSSSSSS!!!!!!!!

Make it So!!!  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
I put 2 R4 to kano, the hashrate and share rate are too low. It goes back to normal everytime I update my minimum difficulty. Could you check something wrong? My name is huynhdat1989.R4 and .R402.
So I have to update minimum difficulty every 2 hours, it is so inconvinient.
The difficulty will go down to the appropriate value for your miner.

Higher difficulty = fewer shares
 is the same as
lower difficulty = more shares

Same expected statistical reward.

If there's a problem with your miner and needs a higher difficulty, then set it in the Workers->Management page.

Edit: the bitmain web site says
Quote
Hash Rate 8TH/s (Batch 3) and 8.7TH/s (Batch 4). Variation of ±5% is expected
and your shift graph is showing around 16.2TH/s for the past day or so, so it looks like they are mining fine already.

It is just for the beginning, for example when the difficulty I set are 4800 and 4042. They get about 17-18THs total.
But when the system modify to 5860 and 5200. The total share rate is reduce about 14-15THs. Do you know how to set fixed difficulty. My miners run faster at lower difficulty.
Again, unless there is a problem with your miners, the difficulty makes no difference.
When difficulty goes up, you get less shares, when difficulty goes down you get more shares.

Most miners take at least an hour to settle into their hash rate.

Also as I said above:
If there's a problem with your miner and needs a higher difficulty, then set it in the Workers->Management page.

The 14THs <-> 18THs is probably just variance.

Look at the web site to see what it is really doing, since the web site says what you will be paid, it doesn't matter what the miner says.
Also the hash rate will vary every shift - that is expected.
The higher the difficulty, the more it will vary.
member
Activity: 101
Merit: 10
I put 2 R4 to kano, the hashrate and share rate are too low. It goes back to normal everytime I update my minimum difficulty. Could you check something wrong? My name is huynhdat1989.R4 and .R402.
So I have to update minimum difficulty every 2 hours, it is so inconvinient.
The difficulty will go down to the appropriate value for your miner.

Higher difficulty = fewer shares
 is the same as
lower difficulty = more shares

Same expected statistical reward.

If there's a problem with your miner and needs a higher difficulty, then set it in the Workers->Management page.

Edit: the bitmain web site says
Quote
Hash Rate 8TH/s (Batch 3) and 8.7TH/s (Batch 4). Variation of ±5% is expected
and your shift graph is showing around 16.2TH/s for the past day or so, so it looks like they are mining fine already.

It is just for the beginning, for example when the difficulty I set are 4800 and 4042. They get about 17-18THs total.
But when the system modify to 5860 and 5200. The total share rate is reduce about 14-15THs. Do you know how to set fixed difficulty. My miners run faster at lower difficulty.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
I put 2 R4 to kano, the hashrate and share rate are too low. It goes back to normal everytime I update my minimum difficulty. Could you check something wrong? My name is huynhdat1989.R4 and .R402.
So I have to update minimum difficulty every 2 hours, it is so inconvinient.
The difficulty will go down to the appropriate value for your miner.

Higher difficulty = fewer shares
 is the same as
lower difficulty = more shares

Same expected statistical reward.

If there's a problem with your miner and needs a higher difficulty, then set it in the Workers->Management page.

Edit: the bitmain web site says
Quote
Hash Rate 8TH/s (Batch 3) and 8.7TH/s (Batch 4). Variation of ±5% is expected
and your shift graph is showing around 16.2TH/s for the past day or so, so it looks like they are mining fine already.
member
Activity: 101
Merit: 10
I put 2 R4 to kano, the hashrate and share rate are too low. It goes back to normal everytime I update my minimum difficulty. Could you check something wrong? My name is huynhdat1989.R4 and .R402.
So I have to update minimum difficulty every 2 hours, it is so inconvinient.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Same here...looking pretty decent with almost 30TH, a day more for 5Nd. When we get these last two A6s back online (my partner finally got his wife to allow them...and they've got free power...lol...) with a coloc, we should be at around 37TH. What I'm pleased with is that the Avalon gear hashes consistently at more than expected with no issues.

also note that pps%  is 101 for Jan and 116 for Feb

One good thing about a 5 day n is positive variance can be very big.

Surely that's the same as saying "One bad thing about a 5 day n is the negative variance can be very big" isn't it?

no it is not it is the exact opposite.

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Same here...looking pretty decent with almost 30TH, a day more for 5Nd. When we get these last two A6s back online (my partner finally got his wife to allow them...and they've got free power...lol...) with a coloc, we should be at around 37TH. What I'm pleased with is that the Avalon gear hashes consistently at more than expected with no issues.

also note that pps%  is 101 for Jan and 116 for Feb

One good thing about a 5 day n is positive variance can be very big.

Surely that's the same as saying "One bad thing about a 5 day n is the negative variance can be very big" isn't it?
Yes. No. See the next post Cheesy

However, he's pointing out that the variance, at the moment, up to the current block, is very positive.
newbie
Activity: 24
Merit: 0
Same here...looking pretty decent with almost 30TH, a day more for 5Nd. When we get these last two A6s back online (my partner finally got his wife to allow them...and they've got free power...lol...) with a coloc, we should be at around 37TH. What I'm pleased with is that the Avalon gear hashes consistently at more than expected with no issues.

also note that pps%  is 101 for Jan and 116 for Feb

One good thing about a 5 day n is positive variance can be very big.

Surely that's the same as saying "One bad thing about a 5 day n is the negative variance can be very big" isn't it?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Network 'glitch' at the SG node at 20:56 UTC
Looks like everyone at SG failed over but connected back a couple minutes later.
All OK again.
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