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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 139. (Read 5352229 times)

member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
Heh this was fun to see in slush, in response to my post about the terrible luck:

Unlike some competitors, we have always focused our energy and attention on improving our service rater than accusing our competition and we will continue to do so. Bad luck happens and probability of one in X surely does not refute it. We believe that we are the most transparent pool around with the huge amount of data we are publishing. And considering the market share, it seems that miners appreciate this approach and our service better.
...
lol, I said close to the same thing, just in a lot less words.  
BTC ./kano --verbose Grin
legendary
Activity: 1638
Merit: 1005
still unable to setup 2FA, no matter what I do!
always giving invalid code

Close and open your applications make sure to use the code just right after it refresh on your application.

I had this issue before.

member
Activity: 658
Merit: 21
4 s9's 2 821's
Heh this was fun to see in slush, in response to my post about the terrible luck:

Unlike some competitors, we have always focused our energy and attention on improving our service rater than accusing our competition and we will continue to do so. Bad luck happens and probability of one in X surely does not refute it. We believe that we are the most transparent pool around with the huge amount of data we are publishing. And considering the market share, it seems that miners appreciate this approach and our service better.

I guess it means "please ignore it coz we are bigger than them"
(then pretend it never happened)

When we had a run of bad luck last October ... that was a little better than their run of bad luck ... I did some important additions to KDB and reprocessed the 3 months of shares around the time of the bad luck to independently verify there were no lost blocks.
This involved adding completely independent share checking code to KDB, original code all written by me, not copied from anywhere else, and using the OpenSSL SHA256 hash function to also ensure the hash itself was done with different code to ckpool.
i.e. there are two completely independent checks of each share in KanoPool - one more accurate check done by KDB and one slightly less accurate check done by the ckpool code.

Also of note, the share log I have in KDB (which is in the old source git) permanently stored in the pgsql database, is what he is talking about regarding "a huge amount of data"
That data I use for the luck report - and I added it to the public KDB git long before they ever did it - and I also back processed it to the beginning of KanoPool in Sep 2014.

It also contains more information than they have.
However, no I do not publish it, since if you remove the unique user information you cannot verify the shares.
Not sure how they can do that without removing the user information ... but I can ensure you their data is one of either:
1) there is still user based information in their supplied data
or
2) you can't verify the supplied data

Edit: and to prove my point about the user information: a share that is a block will of course identify the user who found the block.
That will also identify the unique work that the user had, since in the coinbase data hashed there is a unique id for each user.
Thus to verify the data for a block, you must know the unique id of the user who found the block.
Thus you can of course associate other data published with the same user.

lol, I said close to the same thing, just in a lot less words. 
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Heh this was fun to see in slush, in response to my post about the terrible luck:

Unlike some competitors, we have always focused our energy and attention on improving our service rater than accusing our competition and we will continue to do so. Bad luck happens and probability of one in X surely does not refute it. We believe that we are the most transparent pool around with the huge amount of data we are publishing. And considering the market share, it seems that miners appreciate this approach and our service better.

I guess it means "please ignore it coz we are bigger than them"
(then pretend it never happened)

When we had a run of bad luck last October ... that was a little better than their run of bad luck ... I did some important additions to KDB and reprocessed the 3 months of shares around the time of the bad luck to independently verify there were no lost blocks.
This involved adding completely independent share checking code to KDB, original code all written by me, not copied from anywhere else, and using the OpenSSL SHA256 hash function to also ensure the hash itself was done with different code to ckpool.
i.e. there are two completely independent checks of each share in KanoPool - one more accurate check done by KDB and one slightly less accurate check done by the ckpool code.

Also of note, the share log I have in KDB (which is in the old source git) permanently stored in the pgsql database, is what he is talking about regarding "a huge amount of data"
That data I use for the luck report - and I added it to the public KDB git long before they ever did it - and I also back processed it to the beginning of KanoPool in Sep 2014.

It also contains more information than they have.
However, no I do not publish it, since if you remove the unique user information you cannot verify the shares.
Not sure how they can do that without removing the user information ... but I can ensure you their data is one of either:
1) there is still user based information in their supplied data
or
2) you can't verify the supplied data

Edit: and to prove my point about the user information: a share that is a block will of course identify the user who found the block.
That will also identify the unique work that the user had, since in the coinbase data hashed there is a unique id for each miner.
Thus to verify the data for a block, you must know the unique id of the miner who found the block.
Thus you can of course associate other data published with the same miner and user.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
Block by sidewinder! Cheesy

A fast start for our 1st of BLOCK TUESDAY! Cheesy
Yay! Here's to a few more today! Wink
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
just pointed 8 S9s, waiting for my 5ND  Roll Eyes


Should be close to six days even now on the 5nd


MINE ON WITH KANO-SAN!

is reaching the 5ND relative to the hashrate?
Relative to the pool hash rate yes.

The 5Nd is an amount of shares sent to the pool equivalent to 5 average 100% blocks of shares.

If the pool hash rate hasn't changed (but it does all the time Tongue) then the 5Nd on the Help->Payouts page should be close.

If the pool doubled in size then it would take half as long to get to 5Nd
If the pool halved in size then it would take twice as long to get to 5Nd

When we find a block, your reward is based on how much of the last 5Nd of pool shares you submitted.
So if you've only been mining for e.g. 4Nd then you'd get 4/5 of what your hash rate would expect.
Same as if you stop mining, your shares last for 5Nd after you leave.
It takes 5Nd to reward each share.

If you didn't already, have a read of the Help->Payouts page.

always great info here. not in any way complaining and anything else. I am aware of the payments, pool system....

so if I do have 14T and reach the 5ND, and I throw on top it 100T?
It will take 5Nd to change from 14T to 114T

Again it's coz shares submitted take 5Nd to be rewarded - to reduce variance, their reward gets averaged over the equivalent of 5 100% blocks.

So it takes 5Nd to change your hash rate (up or down)
full member
Activity: 500
Merit: 105
just pointed 8 S9s, waiting for my 5ND  Roll Eyes


Should be close to six days even now on the 5nd


MINE ON WITH KANO-SAN!

is reaching the 5ND relative to the hashrate?
Relative to the pool hash rate yes.

The 5Nd is an amount of shares sent to the pool equivalent to 5 average 100% blocks of shares.

If the pool hash rate hasn't changed (but it does all the time Tongue) then the 5Nd on the Help->Payouts page should be close.

If the pool doubled in size then it would take half as long to get to 5Nd
If the pool halved in size then it would take twice as long to get to 5Nd

When we find a block, your reward is based on how much of the last 5Nd of pool shares you submitted.
So if you've only been mining for e.g. 4Nd then you'd get 4/5 of what your hash rate would expect.
Same as if you stop mining, your shares last for 5Nd after you leave.
It takes 5Nd to reward each share.

If you didn't already, have a read of the Help->Payouts page.

always great info here. not in any way complaining and anything else. I am aware of the payments, pool system....

so if one do have 14T and reach the 5ND, and later throw on top it 100T?

full member
Activity: 500
Merit: 105
still unable to setup 2FA, no matter what I do!
always giving invalid code
Use the apps suggested on the web site and make sure your device has the correct time to the second.

You can check the time is correct on your device by just going to https://kano.is/
In the bottom left is the correct current server UTC time.
In the bottom right is the local time your device thinks it is.
Check they have the same or very close MM:SS
They are quite small so you'll have to expand them to read them.

If they are more than a few seconds different then you will regularly have trouble using 2FA as it explains on the 2FA page.
It they are out by 30 seconds then you wont be able to ever get it right.

thanks. it works with freeOTP.
was trying to use google authenticator
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
just pointed 8 S9s, waiting for my 5ND  Roll Eyes


Should be close to six days even now on the 5nd


MINE ON WITH KANO-SAN!

is reaching the 5ND relative to the hashrate?
Relative to the pool hash rate yes.

The 5Nd is an amount of shares sent to the pool equivalent to 5 average 100% blocks of shares.

If the pool hash rate hasn't changed (but it does all the time Tongue) then the 5Nd on the Help->Payouts page should be close.

If the pool doubled in size then it would take half as long to get to 5Nd
If the pool halved in size then it would take twice as long to get to 5Nd

When we find a block, your reward is based on how much of the last 5Nd of pool shares you submitted.
So if you've only been mining for e.g. 4Nd then you'd get 4/5 of what your hash rate would expect.
Same as if you stop mining, your shares last for 5Nd after you leave.
It takes 5Nd to reward each share.

If you didn't already, have a read of the Help->Payouts page.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
still unable to setup 2FA, no matter what I do!
always giving invalid code
Use the apps suggested on the web site and make sure your device has the correct time to the second.

You can check the time is correct on your device by just going to https://kano.is/
In the bottom left is the correct current server UTC time.
In the bottom right is the local time your device thinks it is.
Check they have the same or very close MM:SS
They are quite small so you'll have to expand them to read them.

If they are more than a few seconds different then you will regularly have trouble using 2FA as it explains on the 2FA page.
It they are out by 30 seconds then you wont be able to ever get it right.
full member
Activity: 500
Merit: 105
just pointed 8 S9s, waiting for my 5ND  Roll Eyes


Should be close to six days even now on the 5nd


MINE ON WITH KANO-SAN!

is reaching the 5ND relative to the hashrate?
full member
Activity: 500
Merit: 105
still unable to setup 2FA, no matter what I do!
always giving invalid code
newbie
Activity: 51
Merit: 0
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following:

1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03 Cry)
2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 Smiley)
3) How much does that new miner cost? (For an 841: 0.11 Sad)
4) How much BTC do I already have?
5) How much much $ am I willing to invest?

Essentially, it comes down to simple math whether this will work out better or worse for your situation...

And if you believe that BTC will rise a bit within that next year.   That also helps. 

Thats the ultimate question, if BTC rises. The more investment, the better. Looks like I have the right line of thoughts just a matter of pulling out from fiat wallet rather than BTC, since BTC price is not encouraging at the moment.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by sidewinder! Cheesy

A fast start for our 1st of BLOCK TUESDAY! Cheesy
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Hahaha! Kano took care of the spammer! Grin
member
Activity: 658
Merit: 21
4 s9's 2 821's
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following:

1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03 Cry)
2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 Smiley)
3) How much does that new miner cost? (For an 841: 0.11 Sad)
4) How much BTC do I already have?
5) How much much $ am I willing to invest?

Essentially, it comes down to simple math whether this will work out better or worse for your situation...

And if you believe that BTC will rise a bit within that next year.   That also helps. 
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
[...]
Any others?
What I've been noodling around recently has been the following:

1) How much does Kano's TradeBTC calculator estimate that my miner will get over the next 365 days--assuming it will last that long? (In my case: 0.03 Cry)
2) How much does Kano's TradeBTC calculator estimate that a new miner will get over the next 365 days--assuming it will last that long? (Avalon 841: 0.14 Smiley)
3) How much does that new miner cost? (For an 841: 0.11 Sad)
4) How much BTC do I already have?
5) How much much $ am I willing to invest?

Essentially, it comes down to simple math whether this will work out better or worse for your situation...
member
Activity: 658
Merit: 21
4 s9's 2 821's
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:

1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty

Any others?

wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!).
after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla....

..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion).
Sounds like someone was lying to you.
A miner uses less network in a day than watching a single video on youtube.

Miner network per day:
18 SPM to node + tcp data reply from node
Each share also has a reply from the node + tcp data reply to the node
2 work per minute from node + tcp data reply to the node
1 extra work per network block from node + tcp data reply to the node

A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername)
the tcp data reply is about 51 bytes
The share reply is about 98 bytes
with again a tcp reply of about 51 bytes.

So total per share is about 390 bytes
At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day.
= about 10.1MBytes a day in shares

Second is the work, data on one I jsut checked was 1317 bytes
This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number Smiley
the tcp data reply is again about 51 bytes.

So total per work is about 1370 bytes
You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day
= under 4.2MBytes a day in work

So say about 15MB a day per miner ...


not lying to me directly, I am aware about the miner's data usage, but that's the way it is. people at very high levels have something in mind...

Nah, it's just an excuse. 
full member
Activity: 500
Merit: 105
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:

1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty

Any others?

wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!).
after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla....

..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion).
Sounds like someone was lying to you.
A miner uses less network in a day than watching a single video on youtube.

Miner network per day:
18 SPM to node + tcp data reply from node
Each share also has a reply from the node + tcp data reply to the node
2 work per minute from node + tcp data reply to the node
1 extra work per network block from node + tcp data reply to the node

A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername)
the tcp data reply is about 51 bytes
The share reply is about 98 bytes
with again a tcp reply of about 51 bytes.

So total per share is about 390 bytes
At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day.
= about 10.1MBytes a day in shares

Second is the work, data on one I jsut checked was 1317 bytes
This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number Smiley
the tcp data reply is again about 51 bytes.

So total per work is about 1370 bytes
You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day
= under 4.2MBytes a day in work

So say about 15MB a day per miner ...


not lying to me directly, I am aware about the miner's data usage, but that's the way it is. people at very high levels have something in mind...
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time.
So it depends on factors that affect ROI:

1. Future technology mining roadmap e.g. introduction of 7nm
2. Bitcoin price outlook e.g. filing for Bitcoin ETF
3. Network difficulty

Any others?

wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!).
after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla....

..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion).
Sounds like someone was lying to you.
A miner uses less network in a day than watching a single video on youtube.

Miner network per day:
18 SPM to node + tcp data reply from node
Each share also has a reply from the node + tcp data reply to the node
2 work per minute from node + tcp data reply to the node
1 extra work per network block from node + tcp data reply to the node

A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername)
the tcp data reply is about 51 bytes
The share reply is about 98 bytes
with again a tcp reply of about 51 bytes.

So total per share is about 390 bytes
At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day.
= about 10.1MBytes a day in shares

Second is the work, data on one I jsut checked was 1317 bytes
This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number Smiley
the tcp data reply is again about 51 bytes.

So total per work is about 1370 bytes
You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day
= under 4.2MBytes a day in work

So say about 15MB a day per miner ...
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