Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 154. (Read 5352627 times)

PPLNS = "After a block is found, payment is configured based on a maximum set number of shares instead of just distributing rewards based on the total number of shares during that round. If a user does not have any shares in the window of shares that are being rewarded, there will be no payment to the user. This window of accepted shares can pay out miners from past rounds even if they did not participate in the current round. The number of shares contained in a PPLS reward system vary based on the level of difficulty set to each block."

Thanks for the reply. So based on yours and the above definition is the window, the level of difficulty or the shift (of aprrox 50 mins)? And because of the current '5Nd' each share gets paid out roughly over 6 days currently. Could you post the calc for this?  "204.15PHs which means the 5Nd 'ramp' is roughly 6days 4hrs."

Any share submitted in the last 5Nd when we find a block, gets a reward.
You don't have to be mining at the time the block is found, only you have to have shares in the range before the block was found:
What this means is that (as stated on the page linked in the previous post) when we find a block, KDB counts back all shares submitted until it has counted the equivalent value of 5 'expected' blocks worth of shares.

So as diff is currently about 5 bazillion, when we find the next block, all the previous 25 bazillion worth of shares will be included in the reward.
This also means that each share gets about 1/5 of it's PPS value.
But since we include 25 bazillion each time a block is found, then on average each share gets rewarded 5 times so is expected to average to get 5/5 of it's PPS.

Of course if you want it more accurate, you should replace '5 Bazillion' with 5,077,499,034,879.0 and '25 Bazillion' with 25,387,495,174,395.0
Of course there's no point saying  5 Trillion, since Trillion is not an SI unit, and it differs in some countries.
T in TH does NOT stand for 'Trillion' it stands for the SI unit 'Terra' meaning 10^12
So you could say something like: 5 and 25 TerraDiff worth of shares

Now if you are mining 50% of the time, what you will end up expecting to get is a reward for 50% of your hash rate, of course.
Also, like on any non-PPS pool, if you don't mine all the time, you will get higher variance than the normal pool variance.

Now one more thing to add - price switching is a fallacy.
You don't get the price at the time you switch, you get the price some time a day or more later when you finally get and convert the mined 'other' coin ... less the extra fees to convert that 'other' coin vs the price and fees to convert BTC

Welcome! All work is paid--even if you stop mining, and we find more blocks within 500% of the network difficulty after you stop.

Edit: See here for a detailed explanation of the payout process: https://kano.is/index.php?k=payout

Edit 2: Due to the ramp up/down behavior of PPLNS, you'll hit full payouts within approximately 6 days at the current pool hashrate. However, as mentioned, you'll also continue to receive ramp down payouts for approximately 6 days after you stop mining.

Hi there,

I run about 50 S9's with profit switching using awesome miner. I am trying to wrap my head around PPLNS though. Is every share you commit to the pool paid out or are you only paid out if you are currently mining towards the pool when a block is found?

Also with regards to shifts. Does it matter what time length the miners spend on the pool? I.e. if they switch between 30 minutes or 1.5 hours?

Thanks

Here's to you getting the next block! Hurry, please.

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Here block, here block!

Here blocky blocky blocky here blocky blocky blocky

Enough about the coupons....it's time to crack this block!


MINE ON WITH KANO-SAN!

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Chicken will be consumed, the dancing will commence, and mining on with kano-san continues.


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