Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1071. (Read 5352445 times)
February 04, 2017, 03:27:42 PM
Yup. You put it pretty well.
February 04, 2017, 03:17:58 PM
Our luck is too low this month. Below 80%, and it keeps decreasing. I saw on antpool, some more than 1,000% luck. Whatis the key of luck?
You need to understand the benefits on mining on a smaller pool versus mining on a mega-pool like ant or f2
It's sort of like being a medium fish in a small pond versus being a very tiny fish in a huge pond.
On a smaller pool, the pool will find less blocks than a mega-pool. But instead of splitting the pool block reward with 700+ people, like on Kano, on ant you will have to split that reward with - I don't know 100,000 or more people.
I'm just pulling number out of thin air here, but if your hash rate earns you $1.00 per block on Kano, that same hash rate might only earn you $0.10 on antpoo. So even with more blocks found, you are still earning much less. And the important part: Tx FEE'S...
You MUST take into consideration that ant does not share the transaction fees with the miners. They keep them for themselves. Sometimes these fees are an extra full Bitcoin or more that is supposed to be shared among the miners. On Kano's pool you get those extra transaction fees on ant you get nothing. (Also the fees to mine on ant are more when all is said a done.)
Okay, that's the last time I'm explaining this for at least another 6 months. LOL
Mine on!!
You have got to look at the bigger picture and consider the pool is running at 102% luck since it started. Generally it all averages out.
What you have to be careful of is how silly short term luck is represented. Example is that now we have found 4 blocks but our expected is 4.28. Well you can't find .28 of a block so our luck looks bad. However if we find another block again fast the luck shoots above 100% and dies down again as time lapses to the point of the expectation exceeding the found blocks again.
It all averages out in the end. It's nice to get excited seeing 180% luck or whatever but you then expect that you aren't gunna be hitting again for a while. I believe a part of this is why this pool is set up on the 5rnd reward system really to stop the luck jumpers. It's not roulette, there is no wonky table with a scewed lucky result. Just grab ur pick axes and stick with the gang for the bants n gold.
Hi everyone by the way. My 1st post lol I've been quietly here mining a couple of weeks.
February 04, 2017, 02:56:02 PM
That block hit on the juvia shift...where is citronick and his Lucky Juvia machines!
Something about this "juvia" shift?
Last 3 blocks were juvia - and of the last 7 blocks, 4 were juvia?
February 04, 2017, 01:59:52 PM
Our luck is too low this month. Below 80%, and it keeps decreasing. I saw on antpool, some more than 1,000% luck. Whatis the key of luck?
You need to understand the benefits on mining on a smaller pool versus mining on a mega-pool like ant or f2
It's sort of like being a medium fish in a small pond versus being a very tiny fish in a huge pond.
On a smaller pool, the pool will find less blocks than a mega-pool. But instead of splitting the pool block reward with 700+ people, like on Kano, on ant you will have to split that reward with - I don't know 100,000 or more people.
I'm just pulling number out of thin air here, but if your hash rate earns you $1.00 per block on Kano, that same hash rate might only earn you $0.10 on antpoo. So even with more blocks found, you are still earning much less. And the important part: Tx FEE'S...
You MUST take into consideration that ant does not share the transaction fees with the miners. They keep them for themselves. Sometimes these fees are an extra full Bitcoin or more that is supposed to be shared among the miners. On Kano's pool you get those extra transaction fees on ant you get nothing. (Also the fees to mine on ant are more when all is said a done.)
Okay, that's the last time I'm explaining this for at least another 6 months. LOL
Mine on!!
February 04, 2017, 01:51:20 PM
...and...there is no "key" to luck, methinks...that's why it's called Luck.
Useless info...didja know that the ancient god Hap is the root of the term "happy?" Hap was the god of luck.
Well...I figure we're "happy" a good part of the time, eh?
Useless info...didja know that the ancient god Hap is the root of the term "happy?" Hap was the god of luck.
Well...I figure we're "happy" a good part of the time, eh?
February 04, 2017, 01:17:53 PM
Whatis the key of luck?
Finding a hash that meets or exceeds current difficulty as quickly as possible.
Edit: and this pool does it without creating empty blocks.
February 04, 2017, 01:06:30 PM
Our luck is too low this month. Below 80%, and it keeps decreasing. I saw on antpool, some more than 1,000% luck. Whatis the key of luck?
February 04, 2017, 11:20:45 AM
Congrats Jorge on your 1st block..someday for me hopefully..
February 04, 2017, 10:52:15 AM
block
February 04, 2017, 05:23:29 AM
I know you are all busy, but there is an attack on bitcoin right now which i want to explain. Basically BTC.TOP mining pool will spend up to $100M to attack any chain they do not like. So if they decide to hardfork bitcoin and you do not follow they will attack your chain. What they are hoping to accomplish with this is to control what miners signal and what they dont. My wish is for more miners to join SegWit to show and to resist that this type of attempted coercion is not ok. Have a nice day. And good luck with the mining.
As I have stated many times in this thread, kano.is does not signal segwit.Signalling segwit is about ... signalling segwit, it is in no way a show of anything else.
February 04, 2017, 03:28:50 AM
I know you are all busy, but there is an attack on bitcoin right now which i want to explain. Basically BTC.TOP mining pool will spend up to $100M to attack any chain they do not like. So if they decide to hardfork bitcoin and you do not follow they will attack your chain. What they are hoping to accomplish with this is to control what miners signal and what they dont. My wish is for more miners to join SegWit to show and to resist that this type of attempted coercion is not ok. Have a nice day. And good luck with the mining.
Can you provide evidence of this?
February 04, 2017, 02:59:07 AM
I know you are all busy, but there is an attack on bitcoin right now which i want to explain. Basically BTC.TOP mining pool will spend up to $100M to attack any chain they do not like. So if they decide to hardfork bitcoin and you do not follow they will attack your chain. What they are hoping to accomplish with this is to control what miners signal and what they dont. My wish is for more miners to join SegWit to show and to resist that this type of attempted coercion is not ok. Have a nice day. And good luck with the mining.
February 03, 2017, 07:36:09 PM
Block by Vasilisa916 with 104TH/s! This is your 2nd Kano block and our first of Block Friday! 
EDIT: BIG fat block!
EDIT: BIG fat block!
Yeah! Definitely a fatty!!! Haha
February 03, 2017, 06:49:46 PM
...
We are reaching to the 200% of difficulty. I saw some block we need to solve in 700% difficulty. If that happens all the tkme, we will make no profit?
I already answered that one to you ...We are reaching to the 200% of difficulty. I saw some block we need to solve in 700% difficulty. If that happens all the tkme, we will make no profit?
https://bitcointalksearch.org/topic/m.17714450
Good evening Kano,
Do you know how to check the antminer R4 is used or new? And how many mining hours on it? Thank you Kano,
February 03, 2017, 05:51:04 PM
I am a very newbie. Do you know how to check if antminer is used or not? If we can check, do we know how many mining hours on them?
Thank you very much
Thank you very much
February 03, 2017, 05:42:37 PM
...
We are reaching to the 200% of difficulty. I saw some block we need to solve in 700% difficulty. If that happens all the tkme, we will make no profit?
I already answered that one to you ...We are reaching to the 200% of difficulty. I saw some block we need to solve in 700% difficulty. If that happens all the tkme, we will make no profit?
https://bitcointalksearch.org/topic/m.17714450
February 03, 2017, 02:48:17 PM
Nice reward for it too. WOW!!
February 03, 2017, 02:44:47 PM
That block hit on the juvia shift...where is citronick and his Lucky Juvia machines!
February 03, 2017, 02:18:35 PM
Block!
haha Block! February 03, 2017, 02:17:48 PM
Block by Vasilisa916 with 104TH/s! This is your 2nd Kano block and our first of Block Friday!
EDIT: BIG fat block!
EDIT: BIG fat block!
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