Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 139. (Read 5352527 times)

In reference to the whole Flush, oops, Slush debacle:

The only reason that Pool got sooo big, ultimately, is Familiarity. Far too many people buy equipment, THEN research what
pool to join. They do a google search, and quickly identify Slush as " The World's First Bitcoin Mining Pool". Instantaneously
they think, it has to be the best because, it's the first, and it's soo big. Slush must be Trustworthy.

After joining, the user is mesmerized by the sleek gui, and the instant gratification of a daily payout, which every online
calculator makes them believe they must get. Most feel a sense of false security watching the blocks being found, one after
another, not ever understanding or learning what really happens "behind the scenes" of that slick gui. To them, everything
is simply "plug and play" and Slush is on call running the "boards".

It's at that point of blissful ignorance, that they are actually being taken advantage of, by a Corporate Committee. The users
don't realize, Slush, is comparable to The Wizard of Oz. Sure, he did start a Cooperative Mining effort, and began laying the
foundation for Pools, but he took the money and run, so to say. The reigns were handed over to a Committee. Slush went on
to other areas, and focused his time on Hardware Wallets. He just gets Royalties for "his" name at this point. That Committee
completely controls the pool, from behind the curtain of Slush's namesake.

Meanwhile, at Slushpool, the Committee focused on Growth. That's where things like Mass advertising, and a slick gui paid
off in spades. Imagine if you will, how much money that Committee earns, from that 2% fee. That's surely going to motivate
them, to keep the users coming to them. They completely understand, how advertising to the "instant gratification" miner
works. That's why Slush is now advertised as "The World's First Bitcoin Mining Pool to Support Asicboost". They worked
very closely with Halongmining, and their Marketing team, to ensure Slush would get the Lion's Share of DragonMint users.
Hell, Halongmining doesn't even advertise for the pool they test their equipment on, and that pool operator wrote their software.
They know users are Familiar with the name--Slush. They can appear to be Trustworthy to consumers, if Slush vouched for them.
It's a Corporate Win/Win that made Millions of dollars.

All the while, users see the pool plow through blocks, and they get their daily payouts. However, are they getting their fair share???
Do they even notice, or suspect any foul play??? Do any of them question how Trustful, the "World's First" is??? Probably not, and
that Corporate Committee understands that, as long as the user is receiving, what the online calculator tells them they SHOULD
earn, nobody will bat an eye. Most of their users have very little knowledge, of what their equipment ACTUALLY does. They just
buy it, hook it up, add Flush as their pool of choice and BOOM!!! They're the owner of a Magical Money Machine, just like the one
they read about online.

Ignorance is Bliss!!!

I am running few miners using pi3, wifi to LAN + switch to connect multiple miners.
working great.

I have been helping my neighbor with exactly that.  He has 13 miners running on a verizon unlimited.  Not sure unlimited is important since miners do not use all that much bandwidth.  He only has about 2 bars and I actually do not know his ping times, but he is mining consistently.  The hot spot does drop off once in a while (every few days) so I built up a system that resides inside of his firewall.  The system logs in to each miner each minute and if it is below 70% hash rate (can be overriden if a board is bad), it reboots the miner.  I am also putting in a Digital Loggers Web Power Switch that has built in ping ability.  I have the verizon box, the network switch, pfsense router and miner monitoring system on this device.  The first two power cycle if the 2 minute ping to 8.8.8.8 fails twice.  The other devices power cycle if they do not ping directly.

Obviously having more bars is better for ping times and if you ever travel, it is best to have some sort of reboot system in place (Edit - even if it is your neighbor!).

oops, I just re-read and a cell hotspot is not a wifi hotspot is it!  Oh well, the power switch still may be helpful to some here.  Mine On!

Anyone here got any experience/advice to running a miner off a wifi hotspot?

BTC ./kano --verbose

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

I had this issue before.

lol, I said close to the same thing, just in a lot less words. 

Heh this was fun to see in slush, in response to my post about the terrible luck:


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.

Yay! Here's to a few more today!

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)

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?

thanks. it works with freeOTP.
was trying to use google authenticator

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 ) 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.

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.

is reaching the 5ND relative to the hashrate?

still unable to setup 2FA, no matter what I do!
always giving invalid code

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.

Block by sidewinder!

A fast start for our 1st of BLOCK TUESDAY!

Hahaha! Kano took care of the spammer!

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