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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1470. (Read 5352420 times)

legendary
Activity: 2380
Merit: 1150
Don't know a lot about renting, but: I put som gear into Nicehash, and immedeately, the reported hashrate was down to about 2 Th/s. Then pointed the gear to kano.io, where it reports 4.74. Those are two Avalon 6 which seem to be a tad sour, however, the difference of more than 50% struck me. Repeated it - same result.... So without knowing the details, it seems as if something is a bit fishy.
hero member
Activity: 501
Merit: 500
Reading the thoughts about rentals.
I begin to think that maybe Kano should forbid rentals ?

interesting idea but not sure if he can do that on a technical level.

I have about 30th in real gear  pointed at the pool from:
my house 1 ip from
my friends office 2 ips
from the solar array 3 ips

you send me a pm with an email to contact.

I contact the email and you tell me you want to rent the solar array for a month 25th at x dollars.

you tell me point it to  your account.   I tell you kano banned rentals so if I point it to your account you will be caught.

you say keep it where it is  tell me what is in the btc address  and in a month  give me what it earns above that.

How can anyone stop that?

But stopping nicehash westhash rental  maybe it can be done.

I used to rent a coin or 2 a month from them.  I don't anymore. I think a lot of people have cut back on renting which is why the pool is at 32 ph not 40 ph. Kano need to detect rental hash and clock its shares to get an idea of how lucky or unlucky it is.

I obviously was speaking about banning nicehash/westhash (and any suspected risky rental service) and not about personnal rental such as your solar array example.

I think we all, (as kano pool users) , would not loose anything if we were banning nicehash for precautionary principle.
Worst case scenario : the loss of pool hashrate would maybe get us less block , but bigger rewards.
Best case scenario : we avoid bad shares from renting and get a better ratio

The only kano users that would be injured by this new rule are the pro-rentals, but I think they will accept it because there is a real risk that their rental be not profitabe even for them.
legendary
Activity: 952
Merit: 1003
Renting is a double edged sword.  I know that I've certainly hit blocks from rentals, as have many others.  The problem is that the rental sites hide the nefarious actions of the malicious actors.  You cannot know whether the hash you have rented is truly ever going to solve a block for you.

Let's take the classic block withholding attack as an example.  If I'm a bad actor and I try to point my gear at a regular pool, I might get away with it for a while, but chances are exceptionally good I will be found.  If I instead point my gear to NH, I am hidden.  Since my bad gear is combined with good gear, and my gear can constantly be pointed to different targets, there's no way to ever track me.  It's the perfect hiding place for me, and I'm absolutely guaranteed to get paid.

Yup...guess that's most of my point. If I don't have any knowledge/control/effect on blackhat players being involved in something that affects my bottom line, I don't play that game (if I can avoid it). Whether to block them from a pool is another point, and I think that's up to Kano/CK as it's their op. My own feeling is that if you can come up with hard data that demonstrates with some certainty that a given user/rental shop is not "on the up & up," you get rid of them if you can. BTC has no "owners" as such, but pools do, and I'm getting the impression that Kano's already on this. We'll see how it works out. So far, so good.

Mine on.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Renting is a double edged sword.  I know that I've certainly hit blocks from rentals, as have many others.  The problem is that the rental sites hide the nefarious actions of the malicious actors.  You cannot know whether the hash you have rented is truly ever going to solve a block for you.

Let's take the classic block withholding attack as an example.  If I'm a bad actor and I try to point my gear at a regular pool, I might get away with it for a while, but chances are exceptionally good I will be found.  If I instead point my gear to NH, I am hidden.  Since my bad gear is combined with good gear, and my gear can constantly be pointed to different targets, there's no way to ever track me.  It's the perfect hiding place for me, and I'm absolutely guaranteed to get paid.
legendary
Activity: 952
Merit: 1003
Interesting discussion. I've never considered renting for two reasons, the first that I don't see enough transparency in any of the renting ops to make me comfy that they're doing what they say they're doing, and the second being that I'm too paranoid to forget the first reason.  Grin

While I've only been back to mining in earnest for a few months, I've been involved with the system since it began. I've seen every sort of attempt at gaming the system. I know CK made it clear earlier that there really isn't a way to "game" the network as such (agreed), but dishonesty raises its head wherever there are humans, and there are certainly ways to run a flim-flam around folks' vulnerabilities. This area (renting) is one. I learned a hard lesson when I lost a bundle (it didn't seem like a bundle then, but sure does now) at Mt. Gox, for example, as did many others. As a result I don't keep any BTC in anyone's wallet but mine, unless I'm exchanging, and it's only there momentarily.

Whatever effect the rentals have on ckpool is rather out of my ability (or desire, actually) to try to figure out with any accuracy...however, I'm quite confident that Kano has the desire, the ability, and sufficient PepsiMax to prevail.  Cool

Geez...I'd give just about anything for another 60A in my flat.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
NH/WH is very easy to identify: their IP addresses.  To ban them would simply be to blacklist their IP addresses at the firewall.

That's what I was thinking...it should be pretty easy to identify NH/WH rentals.

simple to do:

 a 1 week ban then 1 week have them back

 then compare numbers.

do that 5 times  ten weeks in all.

See what happens with five tests.  if good  wait 10 weeks and do the tests again.

1)ten weeks of test ½ on ½ off >>   if huge difference consider ban if close results do step 2
2)ten weeks nothing   >>>>>>>    if huge difference consider ban if close results do step 3
3)ten weeks of test ½ on ½ off >>>   if huge difference consider ban


seems fair enough
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
NH/WH is very easy to identify: their IP addresses.  To ban them would simply be to blacklist their IP addresses at the firewall.

That's what I was thinking...it should be pretty easy to identify NH/WH rentals.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
NH/WH is very easy to identify: their IP addresses.  To ban them would simply be to blacklist their IP addresses at the firewall.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Reading the thoughts about rentals.
I begin to think that maybe Kano should forbid rentals ?

interesting idea but not sure if he can do that on a technical level.

I have about 30th in real gear  pointed at the pool from:
my house 1 ip from
my friends office 2 ips
from the solar array 3 ips

you send me a pm with an email to contact.

I contact the email and you tell me you want to rent the solar array for a month 25th at x dollars.

you tell me point it to  your account.   I tell you kano banned rentals so if I point it to your account you will be caught.

you say keep it where it is  tell me what is in the btc address  and in a month  give me what it earns above that.

How can anyone stop that?

But stopping nicehash westhash rental  maybe it can be done.

I used to rent a coin or 2 a month from them.  I don't anymore. I think a lot of people have cut back on renting which is why the pool is at 32 ph not 40 ph. Kano need to detect rental hash and clock its shares to get an idea of how lucky or unlucky it is.
hero member
Activity: 501
Merit: 500
Reading the thoughts about rentals.
I begin to think that maybe Kano should forbid rentals ?
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Why is everyone so coy about stating what site is "bad" to rent from, and what sites are "good"?

Seems really childish.  

Nicehash and Westhash are the only site I rent from.

The issue is a big guy like f2pool can point 5ph at nicehash from 5 locations   ask a lower price.  

So they get rented and point to kano.is or mmpool.org or bravo-mining.com

All of the 5ph  tosses out  every hash over 200,000,000,000 current diff is 194,000,000,000

  so if it hashes high enough to hit a block say 201b  it gets tossed.

Once in a blue moon it hits a block in that 194 b to 200b slot

More often or not when it has a good hash it is tossed.  

 So if 5ph points to a pool like bravo-mining  which only has 1ph of hard gear  luck can get killed off.
With kano.is luck can be dented



Yeah I stopped renting I think the rentals do worse then the 'real' gear.

I just did a decent sized rental no luck with it.

I won't do one for a while.


Lol so much for not renting.

ive switched places i rent from. it a touch more but at least if the unit under performs or just outright sucks a refund is given.

edit: nice block. hopefully we can get back on the green track and those fair weather miners (5 ph) worth can come back.

I emptied my nicehash wallet with that rental.  I had a cancel so I thought my wallet was empty I was mistaken but  now it is empty.

see links:

https://i.imgur.com/8KXGt8P.png
https://i.imgur.com/CshOkgq.png
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
You take a chance with any rental gear no matter from which site you purchase it.  You as the person renting have absolutely no control over the underlying hardware, and both the rental sites, and the gear owners are getting paid no matter whether the gear can solve a block or not.  A caveat here is that MRR will indeed refund the customer should the gear rented not perform as advertised.

I don't know that it's coy, but rather that every rental site hides and protects bad actors by the very nature of the way the rental sites work.
legendary
Activity: 2044
Merit: 1000
Why is everyone so coy about stating what site is "bad" to rent from, and what sites are "good"?

Seems really childish.  
sr. member
Activity: 266
Merit: 250

Yeah I stopped renting I think the rentals do worse then the 'real' gear.

I just did a decent sized rental no luck with it.

I won't do one for a while.


Lol so much for not renting.

ive switched places i rent from. it a touch more but at least if the unit under performs or just outright sucks a refund is given.

edit: nice block. hopefully we can get back on the green track and those fair weather miners (5 ph) worth can come back.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by cvokey with 33THs!  That would be his 4th Kano Block!  Cheesy
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
I just did a decent sized rental no luck with it.

I won't do one for a while.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
I could be wrong - but

I believe that most of these NiceHash and WestHash rentals have been firing blanks.

When luck cuts out rentals - things improve.

Should this be correct:

- A lot of folk here have wasted a lot of BTC on rentals
- The hardware miners have been buggered on their 5N rewards

Have we got many blocks on rentals?
% wise via hash rate - dont mean to create any work - but maybe you have already done this analysis?

Cheers

I stopped renting when we started having the back to back long blocks because it was draining my coins...but here on Kano I had 1 block with 42THs of real iron and then I rented 350THs from NH/WH for 2.5 months straight and hit 3 blocks with that.
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
I've been saying this for months.... Lips sealed

Not all rental places seem suspect. But one ahem.... major one does... Cheesy
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
I could be wrong - but

I believe that most of these NiceHash and WestHash rentals have been firing blanks.

When luck cuts out rentals - things improve.

Should this be correct:

- A lot of folk here have wasted a lot of BTC on rentals
- The hardware miners have been buggered on their 5N rewards

Have we got many blocks on rentals?
% wise via hash rate - dont mean to create any work - but maybe you have already done this analysis?

Cheers
No, that's what I'm working on ... as I mentioned earlier Smiley
They don't only fire blanks, but there certainly are some users that are rentals with below average 'luck'
But until I've done the full analysis (weeks away ...) I'll not know.
Since there really is a LOT of hashes from rentals (i.e. one source to check) it will be quite clear if the rental place is screwing with anything.

Yeah I stopped renting I think the rentals do worse then the 'real' gear.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
I could be wrong - but

I believe that most of these NiceHash and WestHash rentals have been firing blanks.

When luck cuts out rentals - things improve.

Should this be correct:

- A lot of folk here have wasted a lot of BTC on rentals
- The hardware miners have been buggered on their 5N rewards

Have we got many blocks on rentals?
% wise via hash rate - dont mean to create any work - but maybe you have already done this analysis?

Cheers
No, that's what I'm working on ... as I mentioned earlier Smiley
They don't only fire blanks, but there certainly are some users that are rentals with below average 'luck'
But until I've done the full analysis (weeks away ...) I'll not know.
Since there really is a LOT of hashes from rentals (i.e. one source to check) it will be quite clear if the rental place is screwing with anything.
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