KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1465.

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Quote from: kano on May 15, 2016, 07:12:49 PM

I deleted them both Tongue

One was advertising

The other was incorrect coz it's not from the miners reward

I don't mind Jonny posting here often with his (vague) advertising Tongue

but yeah leave the payout promotions of other pools in their pool threads

We already have Avalon contest, active thread group, responsive and learned Admins, etc. great bunch of "Kanoes"..... what more do you want?

I have been with other pools before (the ones that shall not be named), I don't think it's as vibrant as kano.is, ..... hey .... one crazy week we had a chicken ritual posting of everything chicken - calling the Rooster god for more blocks.... that really made my day - off topic definitely but worth coming home to spend first hour on computer.

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

I deleted them both Tongue

One was advertising

The other was incorrect coz it's not from the miners reward

I don't mind Jonny posting here often with his (vague) advertising Tongue

but yeah leave the payout promotions of other pools in their pool threads

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

A real-world example is p2pool. The block finder receives a 0.5% reward, meaning the remaining miners receive 99.5%.

organofcorti

donator

Activity: 2058

Merit: 1007

Poor impulse control.

Quote from: kano on May 15, 2016, 05:05:53 PM

Quote from: firetreeactual on May 15, 2016, 02:58:51 PM

Quote from: Efficiency V on May 15, 2016, 02:38:48 PM

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

Kind of off topic, but I think it would be interesting if a pool did provide a small reward to the actual person that find the block. Nothing big, just something to make it interesting and even more of an intensive to have a high overall hash rate to be the finder. Possibly a slightly larger portion of the 25 btc than they would have received.. or half the transaction fee amount gained. The pool would need to of course be transparent as to who the user name or some ID of the finder and the extra reward they received. Surprised no pool as implemented something like this yet.

Not OT, I think...but rewarding the finder really won't accomplish anything except for adding to the op's work, and taking a small bit from all the pool miners...and the pool op. No miner actually "finds" a block by any specific, personal method or effort...it is truly a pool effort...ergo, offering a reward for finding something that one has no control over finding is somewhat illogical. I think that's why it is not used anywhere. If such a reward were being done simply for making the "finder" feel warm and fuzzy, then I don't think I could go along with that. Mining is its own reward. You earn what you earn, and on some days that is really abundant, and on others it is nonexistent...zip. IMHO.

Well, I look at it from a mathematical POV
Same reason why the pool doesn't pay orphans.
~~Both increase variance and~~ the extra BTC has to come from somewhere ...
Edit: correction - actually they don't increase variance Tongue

they reduce it a little and lower the average payout a little most of the time.
In the case of a block reward, the side effect is to reduce, by a tiny amount, the average reward of the majority.
Anyone with a BDR >= 1 gains, everyone else loses a little.
(and of course all the txn fees are already part of the total reward, minus the pool fee)

... and on a complete tangent

Kranium won this weeks ~0.25BTC for having the lowest CDF in the competition on Sunday ... I'll send that today
... but that comes out of my pool fee, not everyone else's rewards

Just on the variance point (and not that it really matters) -- it actually does increase variance of the reward paid to each miner, but not to the pool. A simplified example:

If there are 100 payouts of n btc then the variance is low. If instead there's 1 payout of 2n btc and 99 payouts of of 98/99n btc, then the variance is increased.

Think of variance as 'bumpiness', and it makes more sense.

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

Quote from: firetreeactual on May 15, 2016, 02:58:51 PM

Quote from: Efficiency V on May 15, 2016, 02:38:48 PM

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

Kind of off topic, but I think it would be interesting if a pool did provide a small reward to the actual person that find the block. Nothing big, just something to make it interesting and even more of an intensive to have a high overall hash rate to be the finder. Possibly a slightly larger portion of the 25 btc than they would have received.. or half the transaction fee amount gained. The pool would need to of course be transparent as to who the user name or some ID of the finder and the extra reward they received. Surprised no pool as implemented something like this yet.

Not OT, I think...but rewarding the finder really won't accomplish anything except for adding to the op's work, and taking a small bit from all the pool miners...and the pool op. No miner actually "finds" a block by any specific, personal method or effort...it is truly a pool effort...ergo, offering a reward for finding something that one has no control over finding is somewhat illogical. I think that's why it is not used anywhere. If such a reward were being done simply for making the "finder" feel warm and fuzzy, then I don't think I could go along with that. Mining is its own reward. You earn what you earn, and on some days that is really abundant, and on others it is nonexistent...zip. IMHO.

Well, I look at it from a mathematical POV
Same reason why the pool doesn't pay orphans.
~~Both increase variance and~~ the extra BTC has to come from somewhere ...
Edit: correction - actually they don't increase variance Tongue

they reduce it a little and lower the average payout a little most of the time.
In the case of a block reward, the side effect is to reduce, by a tiny amount, the average reward of the majority.
Anyone with a BDR >= 1 gains, everyone else loses a little.
(and of course all the txn fees are already part of the total reward, minus the pool fee)

... and on a complete tangent

Kranium won this weeks ~0.25BTC for having the lowest CDF in the competition on Sunday ... I'll send that today
... but that comes out of my pool fee, not everyone else's rewards

firetreeactual

legendary

Activity: 952

Merit: 1003

Quote from: Efficiency V on May 15, 2016, 02:38:48 PM

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

Kind of off topic, but I think it would be interesting if a pool did provide a small reward to the actual person that find the block. Nothing big, just something to make it interesting and even more of an intensive to have a high overall hash rate to be the finder. Possibly a slightly larger portion of the 25 btc than they would have received.. or half the transaction fee amount gained. The pool would need to of course be transparent as to who the user name or some ID of the finder and the extra reward they received. Surprised no pool as implemented something like this yet.

Not OT, I think...but rewarding the finder really won't accomplish anything except for adding to the op's work, and taking a small bit from all the pool miners...and the pool op. No miner actually "finds" a block by any specific, personal method or effort...it is truly a pool effort...ergo, offering a reward for finding something that one has no control over finding is somewhat illogical. I think that's why it is not used anywhere. If such a reward were being done simply for making the "finder" feel warm and fuzzy, then I don't think I could go along with that. Mining is its own reward. You earn what you earn, and on some days that is really abundant, and on others it is nonexistent...zip. IMHO.

yslyung

legendary

Activity: 1500

Merit: 1002

Mine Mine Mine

Quote from: Efficiency V on May 15, 2016, 02:38:48 PM

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

Kind of off topic, but I think it would be interesting if a pool did provide a small reward to the actual person that find the block. Nothing big, just something to make it interesting and even more of an intensive to have a high overall hash rate to be the finder. Possibly a slightly larger portion of the 25 btc than they would have received.. or half the transaction fee amount gained. The pool would need to of course be transparent as to who the user name or some ID of the finder and the extra reward they received. Surprised no pool as implemented something like this yet.

RTF Thread Title, something says some giveaway ?
give the transaction amt to finder, yeah prolly then what does the pool eat/run/survive ?

meh ain't wasting my time. outta here looking for blocks.

thedreamer

legendary

Activity: 1694

Merit: 1002

Go Big or Go Home.....

Pool and payouts are fine as they are.. No need for more gimicky stuff.

Efficiency V

newbie

Activity: 25

Merit: 0

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

Kind of off topic, but I think it would be interesting if a pool did provide a small reward to the actual person that find the block. Nothing big, just something to make it interesting and even more of an intensive to have a high overall hash rate to be the finder. Possibly a slightly larger portion of the 25 btc than they would have received.. or half the transaction fee amount gained. The pool would need to of course be transparent as to who the user name or some ID of the finder and the extra reward they received. Surprised no pool as implemented something like this yet.

firetreeactual

legendary

Activity: 952

Merit: 1003

Nice way to wake up here...sore as heck from yesterday, but all these blocks to book. Good stuff.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Thx for the reply Kano!
I wouldn't ask for a payment unless I had a few dollars worth of bitcoin anyways,
I just wanted to make sure that if I bought another couple miners and kept earning some dust in the meantime,
that I would eventually be able to accumulate some payment.

hoosier_13

member

Activity: 62

Merit: 10

Let's get the last 100 over 100%!

delicin33

full member

Activity: 143

Merit: 100

Quote from: usukan on May 15, 2016, 02:09:12 AM

Block solvers do not get an extra reward.

My math is crap but if you run 80TH you should be on top of this already

PPLNS here is based on 5N - so it averages your performance over a longer period than "n" i.e. about 2 days previous to hitting a block.

Your rewards - all depend on the luck of the pool.

Pool has good luck - you earn more.
Pool has bad luck - you earn less.

As an example (and assuming you have been mining at 80TH for 2 days previous) these are some guesstimates of your daily earnings (based on my actual earnings here).

Yesterday at 80TH - you would have earned about 0.512 BTC (8 blocks)

The day before at 80TH - you would have earned 0.192 BTC (3 blocks)

On average - if the pool has 100% luck you might earn approx 0.256 BTC +/- (based on a particular point in time yesterday - 4 blocks - but as hash keeps increasing lately on the pool your per block payout decreases but the number of blocks SHOULD increase - my math falls apart at this point)

The luck here seems to usually be over 100% - so you might hope for slightly better.

A clear comparison with F (something) Pool (PPS at 4% fee) which currently pays 0.00248538 BTC/TH - you would earn 80 x 0.00248538 = 0.199 BTC approx if they actually paid out to this figure.

Hope that helps - cheers - usukan

Quote from: chillfactr on May 15, 2016, 12:25:24 AM

So how do i find out how much btc i make daily on pplns with around 80-90 TH?
do block solvers get xtra reward?
and how do the payments get redistribusted?

this is so confusing the pplns?

any help would be appreciated

Also need to consider the Pool N Avg &Miner Reward , if the pool N Avg up and your N avg stay, u earn less, take my 3 x S7 on ckpool as example, avg 14.12 th

Block   Block UTC    Miner Reward   N Diff   N Range    Pool N AvgYour %   Your N Diff   Your N Avg   Your BTC
411777   14/5/2016 21:23   25.02282113   981.647G   32hr 53m 31s   35.61PHs   0.04%   388.205M   14.08THs   0.00989558

411656   14/5/2016 0:07   25.11204797   972.629G   37hr 10m 54s   31.21PHs   0.05%   439.721M   14.11THs   0.01135303

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

Quote from: Shiroslullaby on May 15, 2016, 07:00:20 AM

Im currently only running a few stick miners on CKPool so my payments are very low.
The site states "Dust payments below 0.00010000 BTC are not sent out yet."

I've earned just over the total minimum, but not in one payment.
What do I have to do to actually get this deposited in a wallet?
Do I have to wait for it to hit a certain total? Do I make a request somewhere?
Should I wait until I have a certain amount before I get paid if Im paying a transfer fee?

Very new to all this and any help is greatly appreciated!

Unless it's at least a few dollars, I'm not gonna do a manual dust payout until ...
... some time in a galaxy far far away, once I implement 'accounting'
i.e. when the pool knows your actual balance.

At the moment payouts are straight forward, you get part of a block based on your work and that covers what you're owed.
The only things missing from that are dust, and accounts that have forgotten to set a payout address.
In the latter case, people contact me once in a blue moon and I do a manual zero fee txn from the 'more than dust' pool wallet balance of their unpaid total (well above dust) amount.

The dust itself, well think of it this way ... by the time you finally get it, it may actually be worth something

citronick

legendary

Activity: 1834

Merit: 1080

---- winter*juvia -----

Quote from: kano on May 14, 2016, 05:18:55 PM

Well #9 will confirm the next 3 payouts.
They came due while I was asleep and I then spent an hour this morning getting everything going again coz my desktop stopped just after I went to sleep and the pool wallet often takes 5 minutes to process a network block ...
Yep I do sleep

BLOCK!!

The payout dam has burst its seams!!!

Edit: oh no..... it didn't wait for the last 2 in queue, so close.... but no cigar!
Edit2: oh yes..... #411773 is also paid out! Wow... so many BTCs, its like hitting a mini jackpot in Vegas!

Cozy

newbie

Activity: 32

Merit: 0

Quote from: Shiroslullaby on May 15, 2016, 07:00:20 AM

Im currently only running a few stick miners on CKPool so my payments are very low.
The site states "Dust payments below 0.00010000 BTC are not sent out yet."

I've earned just over the total minimum, but not in one payment.
What do I have to do to actually get this deposited in a wallet?
Do I have to wait for it to hit a certain total? Do I make a request somewhere?
Should I wait until I have a certain amount before I get paid if Im paying a transfer fee?

Very new to all this and any help is greatly appreciated!

Well it looks like your headed in the right direction if ya got the miners mining to this pool and all. However stick miners are way too little to make any BTC. I started with a U3 miner (still run it with cgminer) and have some dust payments sitting there too. Its just to little for the pool to screw around with is my take. If you look at the whole network or pool hash rates and what those stick miners do i think you will know what i mean. Well good luck.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Im currently only running a few stick miners on CKPool so my payments are very low.
The site states "Dust payments below 0.00010000 BTC are not sent out yet."

I've earned just over the total minimum, but not in one payment.
What do I have to do to actually get this deposited in a wallet?
Do I have to wait for it to hit a certain total? Do I make a request somewhere?
Should I wait until I have a certain amount before I get paid if Im paying a transfer fee?

Very new to all this and any help is greatly appreciated!

usukan

legendary

Activity: 1590

Merit: 1002

Block solvers do not get an extra reward.

My math is crap but if you run 80TH you should be on top of this already

PPLNS here is based on 5N - so it averages your performance over a longer period than "n" i.e. about 2 days previous to hitting a block.

Your rewards - all depend on the luck of the pool.

Pool has good luck - you earn more.
Pool has bad luck - you earn less.

As an example (and assuming you have been mining at 80TH for 2 days previous) these are some guesstimates of your daily earnings (based on my actual earnings here).

Yesterday at 80TH - you would have earned about 0.512 BTC (8 blocks)

The day before at 80TH - you would have earned 0.192 BTC (3 blocks)

On average - if the pool has 100% luck you might earn approx 0.256 BTC +/- (based on a particular point in time yesterday - 4 blocks - but as hash keeps increasing lately on the pool your per block payout decreases but the number of blocks SHOULD increase - my math falls apart at this point)

The luck here seems to usually be over 100% - so you might hope for slightly better.

A clear comparison with F (something) Pool (PPS at 4% fee) which currently pays 0.00248538 BTC/TH - you would earn 80 x 0.00248538 = 0.199 BTC approx if they actually paid out to this figure.

Hope that helps - cheers - usukan

Quote from: chillfactr on May 15, 2016, 12:25:24 AM

So how do i find out how much btc i make daily on pplns with around 80-90 TH?
do block solvers get xtra reward?
and how do the payments get redistribusted?

this is so confusing the pplns?

any help would be appreciated

chillfactr

full member

Activity: 637

Merit: 131

So how do i find out how much btc i make daily on pplns with around 80-90 TH?
do block solvers get xtra reward?
and how do the payments get redistribusted?

this is so confusing the pplns?

any help would be appreciated

firetreeactual

legendary

Activity: 952

Merit: 1003

Came back from CERT training/recertification to two new blocks...I guess I should maybe do that more. Beats eating chicken. Undecided

EDIT: ...and if I remember correctly, the pool grew by 10PH while I was out showing people how to use a fire extinguisher and crib up a collapsed concrete wall...I guess I really DO need to go do that more often. Fire One (the FD chief) wouldn't mind, I'm sure. I'm volunteer...no overhead. Grin

And we do know you sleep, Kano...we just can't figure out where the heck you find the time to do it. You're a keeper, kid.

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