Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 111. (Read 5352229 times)

here is an interesting read!




https://twitter.com/Excellion/status/1034413924605603840

is anyone looking into gettiing the Antminer S9-Hydro?

Oh, I dream about buy Avalon 741 on Canaan, I am offline in mornings on European time (Finland!). Cannot leave that miner alone, its old S5

*** Because for 12 hours of 'work', you'll 'probably' get paid that amount five (5) times EVEN AFTER you've stopped mining ***

Feel free to come on back after you realize that PPLNS essentially averages your payouts over five (5) 100% blocks...

See my sig (it's all true), and we hope to see you back soon!

Edit: To put things in context, my last ramped-up (7.5TH/s) Avalon 741 payout was ~0.0005, so your ramped-up payouts should be something like ~3.75x that (e.g. 0.00186666 @ $7,000/BTC = $13/block). You'd ramp up and down to/from this amount based on how much you've mined here over the past 5Nd.

Edit 2: Do a test. Point one of your miners back here, and watch what happens on your kano.is > Workers > Shift Graph. You'll see your payouts ramp up according to your red avg line that shows how much you've contributed over the last 5Nd. If you repoint your miner again, your payouts and avg line will ramp back down.

Yep luck has been a little lower here, oh well, that's luck.
Been way higher here for the last couple of weeks, oh well, that's luck.

But luck doesn't including ripping off all your miners up to 500 BTC like slush did in Dec 2015, because slush, the longest running pool, never checked that there were problems with their miners and thus even though it was slush pool that was at fault for their lack of due diligence, and for allowing the miner, who was testing faulty code on the pool that withheld all blocks and was the cause, to get away with it, the miners lost out.
https://bitcointalksearch.org/topic/m.13482822

Then there's the recent issue of having a 400PH miner on the pool with no found blocks listed, the pool got a run of 5 blocks statistically worse than any that even this pool has ever had (and we had a pretty bad run last October with a 929% and 875% in 5 blocks, where lots of people left) but slush's luck for those 5 blocks was worse than that ... and their reply:
'Hall of Fame is rather "for fun" statistics ...'

People trust bitmain and slush pool - oh well that's their prerogative I guess.

... and
https://bitcointalksearch.org/topic/m.34577056

Which maths are you using?

https://www.minergain.com/

There's plenty of info and help available, and you can't afford NOT to figure it out ... and once you do, the math will say you can't afford to leave KanoPool.

You may or may not read this or even understand any of it but maybe other newbies will get something from it...

You will get your full pay based your your shares but it will be spread out and not all at once.  You don't lose anything.

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance.  Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payouts work?

The 5Nd "ramp" means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.
 
On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.
 
On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  It goes on and on like that until all of the value of the shares you summitted are paid in full. 

That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of the 5Nd payout model because the it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.

If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hits a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit.

The pool hash rate for the last day is roughly 214.42PHs which means the 5Nd 'ramp' is roughly 7days 19hrs.

I think you're confusing can't with won't. Honestly in the current climate you can't afford NOT to understand. Take the time, read, and hell ask questions, but making uninformed knee-jerk reactions is really not beneficial. Do that for any pool not just this one, but once you fully understand you'll see why this is a good pool.

Which means you didn't read how this pool works before coming aboard.   Good luck at slush.

They are AWSLS servers and you can't use a normal ping on those.  Here's where it first came up in this thread.

https://bitcointalksearch.org/topic/m.35912215

Once you install TCPing, these will work...

tcping stratum.kano.is 8080
tcping de.kano.is 8080
tcping jp.kano.is 8080
tcping nya.kano.is 8080
tcping sg.kano.is 8080
tcping uk.kano.is 8080
tcping us.kano.is 8080

You haven't been able to ping anything but JP and NYA for a while.
You have to find a tcping (try google) and use port 8080 is the best option (and that will work on all nodes)

I can't ping de.kano.is, uk.kano.is, and even stratum.kano.is. Is there any problem?

https://kano.is/

How to mining in this site

slush's N is about 1 hour - not exactly sure how it's calculated, but you'd have to read his web site

Our N is 5Nd - or the equivalent of 5 Network Difficulty of data - currently just under 8 days.

This means that if you have an outage or change your hash rate, like you did yesterday - add miners, the variance here is MUCH lower than at slush.
If you have a lot of outages, every day, and miner failures and generally can't keep your miners working, then slush's 1 hr N doesn't matter.
If you have rare outages/changes in your hash rate, then our 5Nd means MUCH lower variance due to the changes.

However, our pool variance is higher coz we're smaller.

back @ slush


kano - I'll keep an eye on it to see what exactly transpires, probably should have read more into it...

I know my 28Th isn't all that glamorous... but, damnnn

lol - you'll keep being paid for 5nd after you leave - have a read of Help->Payouts (as someone already pointed out)

And where are you pointing your miners to at the moment?

Off board!

Wow.

So it says my percentage of the block was .012... which should have earned me .0015 BTC when solved... $10, right?


But yall hit me with 0.00010210... lolololo ... 70 cents? For mining all day long with yall?

Why in the world would anyone stay?

I don't understand the whole 5ND thing... and I CAN'T AFFORD TO FIGURE IT OUT.