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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1592. (Read 5352367 times)

legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
I want to know just one thing, why exactly are you giving them away ? What do you get out of this ? And if you win how is shipping costs worked out, i mean will you use insurance or what ? Thanks.

It's a promotion deal kano worked out with Avalon...Avalon will be supplying and shipping a miner to each winner.  Actually this is the 2nd contest kano has done like this.
full member
Activity: 196
Merit: 100
...

Heh, no, there is no pool strategy that will expect more than 100%
Doesn't matter what NDAs you have, there is none.

Block finding is random, so there's no magic pixies that will tell you when any pool will find it's next block or have a run of good (or bad) luck.

If you are selling access to your hardware for above 100% and the fee you are paying means it is still above 100%, and that is always true, then you shouldn't be mining here since that would be stupid to have a way to beat every pool and not always use it.
However, I highly doubt that is true, and again, if it is true, then you shouldn't be mining here.

If you are putting your hardware on rental sites to gain margins when there is a higher price demand, then you also have to note the obvious that e.g. ScamHash takes 3% of your profit already Tongue
(Aside: If you are renting hardware, then ScamHash is getting an enormous 6% of the BTC you are paying)
You may be able to get a higher return, short term, due to price spikes, renting your hardware out, but long term again it will be the high fees that will cut you back down.

--

As for the other guy going on about his 1 week or 2 week comparison:
No, I'll delete any more posts on that subject.

I don't care if it ends up showing the pool is better than every other pool or worse.
It's not a comparison that's going to result in any statistically valid results, so it's pointless and, to be blunt, the results will only be misinformation.
Go learn about statistics and bitcoin mining and then consider doing it properly.

--

P.S. nice to wake up and see another block within minutes of turning my screens on Smiley
Sent 403702, 403712 & 403721 payouts shortly after that, and all confirmed within 10 minutes.

Your argument is actually part of my statement.  You may have glanced over some portion of my post and missed the message.   I stated in my post it's not easily sustainable to achieve 100% in the long term with any pools as even PPS charges high fee so you're never able to get that 100% return.  Also I've mentioned quite a few times in previous posts, that pool hopping is a big risk, so that's definitely not the way to achieve 100% long term.  It's via combination of different things, high premium PPS, Mega Pool PPLNS with 0% fee, renting, contract renting, etc that you're able to achieve this.   That's what I mean by no 1 perfect 1 pool strategy and it may have been misread as as pool hopping.    There is definitely a short windows PPLNS farm that average out to or close to 100% easily with 0% fees, over the long term due to their high hash power, if we're lazy and just want to use 1 pool.  I won't put any names but any experience miner would know what I'm talking about.  100% is good but not great enough for us, as we want to beat that hence the combo mentioned above and often time me gambling here for the big hits like today BAMM! Another block.

You don't follow the rental market as much so you may not be aware of what people are paying for rental hash.  It's definitely not market rate all the time nor 103% which balance out to 100% after fees, you will always have higher and lower renters hence the market rate average price from those variance.  On some days, you're lucky if you can find 10% over market (last week). There's quite a lot of mega hash demands not just at NH but via contract selling, but let's just use NH as an example as most people are familiar with that.  When they need mega hashes they would typically have to pay larger premium, otherwise they will lose their hash rate steadily which is definitely not good for solo lotteries.  This is where we make good profits.  Many of the members here follow the rental cost closely as they supplement some action with renting.  Some have even master the art of using scripts to do price adjustment and automatic refills.   They can validate that there's plenty weeks of 500-3PH+ rental where people are paying stupidly high prices 10-50% over market rate.  Also it's not uncommon to  see spikes where 1 person would come in and rent out 5-10PH wiping out all the hash available for few hrs at ridiculous price.  Now there's other avenues where you can rent hash out via contracts (resource intensive), these people don't want to own the hardware but they need it for the short term use with fixed price.  The price they pay will always be way over 10% of market price with no fees as you set the contract.  Who would want to rent out their physical equipment to others with the overhead and get the same cost as PPS and deal with contract risks?  There are also other ways to gain higher premium but the volume is just not sufficient nor duration hence why we have to supplement with many different combos and pool is a good good chunk chunk of that.   Also it's not everyday you get premium prices.    

P.S  If you're renting hash to NH, you only pay 3% not 6%.  They get the other 3% from the renter.  Most people set their automatic price for their worker at 13% above market premium to account for that fee and shoot for a 10% minimum baseline.    


legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by Scotty2u2 with 5.03THs!  Welcome to the Acclaim Board with your first kano block!

Edit:  Haha!  I was eating my chicken in the other room and VRobb beat me to the punch on this one!
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
BOOM!  Another block, damn this is the best Tuesday ever!!

-Alright Scotty!  Maximum warp!!
sr. member
Activity: 544
Merit: 250
What font size you use for the time... 1? lol

Should add a time left before days over, like a 24 hour count down Grin
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
After a while your brain automatically associates your time zone time to midnight UTC...for me on the USA East Coast it's 8:00 PM...it's burned in like an old CRT!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!

1:56 to go .. maybe Kano can add the UTC clock on Block page.
It is, at the bottom.   Waaaaaaaaaay at the bottom!

omg wow , that tiny blue stuff. i even scrolled quick to the bottom and only focused on the center copy right lol.
Bottom left is accurate UTC when the page was generated, bottom right is what your browser thinks your local time was when it got the page.
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!

1:56 to go .. maybe Kano can add the UTC clock on Block page.
It is, at the bottom.   Waaaaaaaaaay at the bottom!

omg wow , that tiny blue stuff. i even scrolled quick to the bottom and only focused on the center copy right lol.
sr. member
Activity: 266
Merit: 250
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!

1:56 to go .. maybe Kano can add the UTC clock on Block page.
It is, at the bottom.   Waaaaaaaaaay at the bottom!

better yet just change it to eastern. the world runs of eastern time anyway right. LOL
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!

1:56 to go .. maybe Kano can add the UTC clock on Block page.
It is, at the bottom.   Waaaaaaaaaay at the bottom!
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!

1:56 to go .. maybe Kano can add the UTC clock on Block page.
sr. member
Activity: 266
Merit: 250
....

More power to you that you can have a farm big enough that where you point it matters on a day to day or week to week. I wouldn't mind having that problem, wouldn't mind working for myself and monitoring miners all day.

is this your farm https://www.youtube.com/watch?v=-ihMqEDs4B8. LOL
full member
Activity: 196
Merit: 100
Oooh due to daylight savings time.  We gain an extra hour of Game time compare to Kano's clock.  So 2hrs left of Game Time?  Let me fail everything back to here and kick in the Afterburner to see if we can squeeze in another block!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...

Heh, no, there is no pool strategy that will expect more than 100%
Doesn't matter what NDAs you have, there is none.

Block finding is random, so there's no magic pixies that will tell you when any pool will find it's next block or have a run of good (or bad) luck.

If you are selling access to your hardware for above 100% and the fee you are paying means it is still above 100%, and that is always true, then you shouldn't be mining here since that would be stupid to have a way to beat every pool and not always use it.
However, I highly doubt that is true, and again, if it is true, then you shouldn't be mining here.

If you are putting your hardware on rental sites to gain margins when there is a higher price demand, then you also have to note the obvious that e.g. ScamHash takes 3% of your return already Tongue
(Aside: If you are renting hardware, then ScamHash is getting an enormous 6% of the BTC you are paying)
You may be able to get a higher return, short term, due to price spikes, renting your hardware out, but long term again it will be the high fees that will cut you back down.

--

As for the other guy going on about his 1 week or 2 week comparison:
No, I'll delete any more posts on that subject.

I don't care if it ends up showing the pool is better than every other pool or worse.
It's not a comparison that's going to result in any statistically valid results, so it's pointless and, to be blunt, the results will only be misinformation.
Go learn about statistics and bitcoin mining and then consider doing it properly.

--

P.S. nice to wake up and see another block within minutes of turning my screens on Smiley
Sent 403702, 403712 & 403721 payouts shortly after that, and all confirmed within 10 minutes.
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
My point exactly.  People here seems to think that big hoppers are milking the system and are taking away from them, it's quite the opposite.  Short term hoppers most often are the ones paying into the system.   The people who stay usually have more to gain from it, as you can see from my examples.  I'm a gambler so I just do things differently.  =)  That 4th block was definitely totally unexpected and is helping my bleeding. 


I think you missed the point...no one thinks you are milking the system.  You are doing us all a great service by pointing your considerable hash here.  I think you are losing money in the long run by hopping back and forth and the frustration for those of us that don't hopity-hop is seeing the 2-4PH drop after a block or in the middle of a slow spell.  A drop of that size for a day or two is most certainly costing the collective us a block or 2 every once in a while (statistically) and we smaller guys depend on those extra blocks to help keep us caught up because of the smaller per block payouts.  I'd bet you would see your profits be higher simply by staying put right here for a 6-12 month stretch but since there is no real way to test it you will never believe it.  You say you are a gambler so why not take a gamble by keep half your hash here nonstop for 6 months and do your normal thing with the other half.  Then you would see which works better...and you could tell us all "I told you so" if you were right!  Cheesy

We did split the hashing before to do a comparison test.  That's why you see separate account for NBIZ and DROID for a few months.  Long term even though Kano have the strongest historical luck of any pool right now at 104-107%, that's neither guaranteed nor sustainable forever.  Even if you can get 100% luck over the long term, you're doing fantastic.  Unfortunately there's no guarantee of 100% since PPS charges you a ton in fees making it 96-97.5%.  My partners strategy is definitely more risk adverse and the income is more guaranteed.  It does not include any long window PPLNS pools and the minimum returns  is at 100%.   That's a very nice worst case scenario baseline right?  Even better is that they will always have higher return averages as they also able to sell out hash rate to different places not just NH for good premiums.  Their running average return for the past 3 months well exceed 120% which is not sustainable at any pool out there.  So for every 5 months, it's like you're getting an extra month of free return hence how we're able to ROI much faster.  Of course this strategy requires many different different tools and resources, all of which I can't share in details due to Non Disclosure Agreements.  The same reason why I can't share their infrastructure farm pics and was asked to stop sharing mine as well.  This is why you see my farm thread stopping a couple of months ago.  

Why do I still mine here you may ask?  It's like an addiction.  It's very addictive to gamble here and see the 150-400% days even though it's equally painful on the sucky days.  For small to medium size miner, it's much more simple to find a good pool you like and just stay put.  For the bread and butter businesses, there's no such thing as a perfect single pool strategy, especially in this business where operating cost typically increase while profit margin decrease at such rapid pace.  

P.S HOT DAMN............another BLOCK?  U feel that HIGH?  There's nothing like that awesome feeling you get when that ZACH Block ALERT HITS!!!  

7 on the day , I think we can get 1 more. Did you point everything to finish the daily gamble ?
hero member
Activity: 770
Merit: 500
I want to know just one thing, why exactly are you giving them away ? What do you get out of this ? And if you win how is shipping costs worked out, i mean will you use insurance or what ? Thanks.
full member
Activity: 196
Merit: 100
My point exactly.  People here seems to think that big hoppers are milking the system and are taking away from them, it's quite the opposite.  Short term hoppers most often are the ones paying into the system.   The people who stay usually have more to gain from it, as you can see from my examples.  I'm a gambler so I just do things differently.  =)  That 4th block was definitely totally unexpected and is helping my bleeding.  


I think you missed the point...no one thinks you are milking the system.  You are doing us all a great service by pointing your considerable hash here.  I think you are losing money in the long run by hopping back and forth and the frustration for those of us that don't hopity-hop is seeing the 2-4PH drop after a block or in the middle of a slow spell.  A drop of that size for a day or two is most certainly costing the collective us a block or 2 every once in a while (statistically) and we smaller guys depend on those extra blocks to help keep us caught up because of the smaller per block payouts.  I'd bet you would see your profits be higher simply by staying put right here for a 6-12 month stretch but since there is no real way to test it you will never believe it.  You say you are a gambler so why not take a gamble by keep half your hash here nonstop for 6 months and do your normal thing with the other half.  Then you would see which works better...and you could tell us all "I told you so" if you were right!  Cheesy

We did split the hashing before to do a comparison test.  That's why you see separate account for NBIZ and DROID for a few months.  Long term even though Kano have the strongest historical luck of any pool right now at 104-107%, that's neither guaranteed nor sustainable forever.  Even if you can get 100% luck over the long term, you're doing fantastic.  Unfortunately there's no guarantee of 100% since PPS charges you a ton in fees making it 96-97.5%.  My partners strategy is definitely more risk adverse and the income is more guaranteed.  It does not include any long window PPLNS pools and the minimum returns  is at 100%.   That's a very nice worst case scenario baseline right?  Even better is that they will always have higher return averages as they also able to sell out hash rate to different places not just NH for good premiums.  Their running average return for the past 3 months well exceed 120% which is not sustainable at any pool out there.  So for every 5 months, it's like you're getting an extra month of free return hence how we're able to ROI much faster.  Of course this strategy requires many different different tools and resources, all of which I can't share in details due to Non Disclosure Agreements.  The same reason why I can't share their infrastructure farm pics and was asked to stop sharing mine as well.  This is why you see my farm thread stopping a couple of months ago.  

Why do I still mine here you may ask?  It's like an addiction.  It's very addictive to gamble here and see the 150-400% days even though it's equally painful on the sucky days.  For small to medium size miner, it's much more simple to find a good pool you like and just stay put.  For the bread and butter businesses, there's no such thing as a perfect single pool strategy, especially in this business where operating cost typically increase while profit margin decrease at such rapid pace.  

P.S HOT DAMN............another BLOCK?  U feel that HIGH?  There's nothing like that awesome feeling you get when that ZACH Block ALERT HITS!!!  

Edit - I lied, just checked and their performance was 115 not 120%+.  Still not too shabby.  The overall team's performance took a giant ZAP from my gamble here after though, haha.   But this week looks like an opportunity to to make some of it back,
member
Activity: 62
Merit: 10
Let's get a couple more to close out the day!
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by GLORYTrading!  That is a whopping 16 kano blocks for him!
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Just a quick update of my test as my miners start to normalize here.

My 2 miners on antpool are doing approx .0470btc per 24 hours.
My 2 miners on ck are averaging 9.45THs and getting about .008BTC per block.

I need kano to find approx 5.875 blocks per 24 hour period to make what I make on antminer.

I've only been back on antmine for about 2 full days, and I was on ck for about a week.

We'll see if there is anymore normalization to be had after another week or so.



so the problem is you are using tiny samples that mean nothing a two day sample on antpool with 2 s-7's

and a 6 day sample on kano.is  don't mean anything in that they are too short to matter.

l am not sure if you  have 4 s-7s or 2 that you move back and forth.
also not sure if you get 9.45 th on antpool
same as 9.45 th on kano.is

lets say you have the same 9.45th on antpool   lets say they did the 0.0470 each day just like you said.

if you run 9.45 th with 100% luck you should earn 0.02872 

so the sample you give from antpool if accurate reflects antpool had a 2 day hot streak  and paid 0.047 a day instead of normal of 0.02872

so if you want to think that antpool will pay 0.047 a day for 9.45th rather then 0.02872 a day  you can think that.

but they can not maintain that for any length of time.

you would be getting  0.047/0.02872 = 163.649 % luck   

this is simple math and antpool does not have 163% good luck over any long time run period



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