Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1915. (Read 5352119 times)

+1

Only you can make that call. It's purely a function of how much risk you're willing to take for the potential for more gain. Some people prefer all risk with 100% solo, most prefer steady payouts with little risk, even if they'll never recoup the costs of their hardware, while others point a little at both, or switch from one to the other. Only you can know what risk you're willing to take.

OK...I see I am gonna get over shadowed by all the Noob questions....so I am quoting myself above. And...Please... this is a question for 'old' friends, so no Noob answers, OK? Really Guys, thanks for the co-op on this one.

Regards!!

More Monthly:

Month	Pool Avg PH		BTC/THs/Day
August	2.28		0.0095
July	2.67		0.0103
June	1.06		0.0134
May	1.80		0.0075
April	2.02		0.0086
March	3.45		0.0105
February	3.32		0.0095

Thank you for such impeccable support!!  Also when ya get a chance to look at what we talked about seems my browser updated the pw. Locked out again  fml.. it thinks the otp is a new password for whatever reason.. reset fails with otp activated. By all means I'm not in a hurry as i've got zach's monitor so i can at least see my workers if they go down.  thanks again Kano

Best Regards
d57heinz

+1

1 miner  @  13,400 TH/s
2 miners @   6,225 TH/s combined
2 miners @   3,273 TH/s combined
3 miners @   2,416 TH/s combined
2 miners @      727 TH/s combined
12 miners @ 2,255 TH/s combined
22 miners have 28,296 TH/s combined

Slush Pool Hash Rate @ 40,096 TH/s
Top 22 miners have 70.57% of the pool hash rate
Active Users on Slush pool is approximately 5,022 users (miners) and 22 of those 5022 have over 70% of the pool hash rate.  This means 5,000 miners are sharing 30% compared to maybe 310 sharing 30% here at kano.is

Active workers (rigs) approximately 17,000.

Now, compare Slush numbers to your numbers about kano.is top miners having 70% of the pool hash rate...

Here is broken down weekly BTC/THs/Day:

Nov 1 to 7: 0.011289
Nov 8 to 14: 0.005393
Nov 15 to 21: 0.008118
Nov 22 to 28: 0.004809
Nov 29 to Dec 5: 0.010969
Dec 6 to 12: 0.010881
Dec 13 to 19: 0.005943
Dec 20 to 26: 0.004633

You notice that Nov 8-14 and Nov 22-28 are just as low as the last two weeks, but those were when the pool hashrate was around 2PH. Those are the times of bad luck. But notice Dec 6-12, that is the week that the pool hashrate really started climbing on the 6th it was 2.7PH on the 12th is was 4.5PH and that was a very lucky week, 11 blocks!

Pool hashrate will not effect it, only luck will:
Black October we only found 12 blocks!
Pool Average was 2.07PH rewards worked out to 0.005 BTC/THs/Day

September = 0.0095
October = 0.005
November = 0.008
December = 0.0075

4 Month Average = 0.0075 BTC/THs/Day

4 Month decrease of 0.002 or 21%
Difficulty increase of 72%

I would be curious to see what the payout decrease on that PPS pool has been over that period of time, I bet it is a lot more than 21%.

Front end went out for a moment seems ok now

Sorry, everyone will have had a 2 minute drop out there with failover and fail back.

The data centre dropped out for 2 minutes ... I'm chasing them down to find out why.

It does happen to be one of the biggest data centres around ... in Vegas, so it's not like someone pulled the plug ... but anyway everyone has now failed back to kano.is

Edit: the 2 minutes was from 01:14 UTC

anyone else failover?

Best Regards
d57heinz

Our present pool hash rate as of this writing is 5,665 TH/s.  If you enter in that hash rate on Bitcoinwisdom.com/bitcoin/difficulty, you will see that amount of hash rate should earn approximately 30.49BTC per day at present difficulty of 93,448,670,796.

If you divide 30.49BTC by 25BTC per block, that would be 1.2196 blocks per day.  This [more or less] means the pool needs to find 5 blocks every 4 days on average to maintain 100% luck at current pool hash rate and current difficulty.

So, the math I have demonstrated disproves your assumption that... "we must find 2 blocks a day to get paid better than PPS."

David

EDIT:  If we found 1.2196 blocks a day [Or, 5 blocks in 4 days], we actually got paid better than PPS.  Especially, if you factor in the fees of 2.5% to 3.6% fees of PPS compared to the 0.9% fee here.  The only way to know this for sure is to stay on here 30 days minimum.  Even then is not quite good enough to compare.  You would need to stay on here 3 to 5 months to see for sure.  If you tried this only 8 days to see if we find 10 or more blocks in those 8 days, that may not be enough because it depends on when you entered for those 8 days.  You may have started mining shortly after a day where 2 blocks were just found.  Also, it would take you close to 5 days to reach full payout.  So, if any one tried this pool out to compare it to other pools in terms of payout, you would need to be on here 13 days minimum.  But like I said, that's not giving the pool proper time to compare to a PPS pool.

Sorry, that's incorrect.

That's the point of the whole detail of my post above.

The reward is of course dependent upon luck.
If you join just as luck drops, then your reward will be low until luck changes.
If you join just as luck increases, then your reward will be hi until luck changes.

You CANNOT know when luck will change.
It also happens to change with every single block found.

If you join then mine long term, then the reward is expected to be ... as I have stated many times before ... 99.1% - orphans + txn fees

Your reward level is directly related to the network difficulty and has nothing to do with your hash rate.
It doesn't matter what your hash rate is since EVERY share is paid the same amount per reward as everyone else.
Yeah if someone has 100,000,000 diff shares in a reward range and you have 10,000,000 then yep they'll get 10x what you get ... EXACTLY 10x.
That's what the shift page shows - the same numbers on the right for everyone.

Even your total PPS payout on that account is 94.2% with the current 4 blocks of not so good luck, so I can't see even how you would come up with that statement above.

Hi ZACHM, Thanks

7% is good (if lower can ever be good), I really was expecting a larger drop, I thought it would pretty much have to be inline with the increase in pool hash.

What i wonder is, if you have dropped most or all of the 7% only since the hash increase, that your drop might infact be larger for a full month at current hash rate, that your 7% over your month is because your buffered with the first part of December you were getting a larger reward for the work done then at the 2ph, than you are while its at 5.75ph,

I don't suppose anyone could do the same for first week of December or last week that the pool was at 2ph and then the same for this latest week while the pool was at the 5+ph.

Ste



Kano...

regards your reply, the account that I have been using from my examples, isn't the one that most of the S3's are on, this account is the one that I have been testing and setting up , and its been and used similar, intermittent throughout the whole time its been used, and the drop seems noticeable over this last week on this and also on another account, (friend whom I recommended to use Kano) with 4xS3 has been online for long enough to have a full 5Nd and was also showing the same relative drop now the pool is circa 6ph,

my reason for posting here was only because I saw someone else post similar a few days ago, that they had noticed a drop in their rewards, and before that I hadn't noticed it, but having read the answers to the other poster, It seemed on checking to me that its not possible to stay anything like the same reward level now that the hash rate has almost tripled unless I/we mine with more miners, or unless the pool finds many more blocks within the 5Nd or to move the miners to somewhere that has generally found more blocks per day and mine PPS,   I am coming late to mining, but I am sure that many of the people mining here have already done the same and tested different pools. I did it for a month before I found and recommended the kano pool but that was whileit was 2ph, being almost 6ph seems to give different results, and you probably saw I made a particular point to not name any other pool with regards to your work, which like always is commendable .

I am not saying there is anything wrong with the pool, if i had 100th of the current 6ph I would be chuffed to bits, and totally silent, but with only a handful of S3's, and we cannot afford to double the amount miners online. I am still unsure, was I looking at a drop inline with hash rate increase, or is that buffered by any extra found blocks, found because of the extra hash rate.  I am wondering what to do..

Ste

HERE IS ONE MORE MOST IMPORTANT INFORMATION

On Kano pool Kano or Ck support is great no word to explain (Sometime i do not understand complete maths but its OK. I have trust in them).

On other pool like ant pool support is equivalent to zero...let me put in other word they will steal your hash power and will tell you to fuck off.

I am putting above lines after having experience with antpool.

If someone want a good support + good BTC + free knowledge this is the place.....


This is my view...i leave rest you guys to decide.

Regarding StevenD's payout.

You didn't mine very much at all.

The diff since you started mining (10-November) have been:
Block: 389088   Diff: 93448670796.324   Since: 2015-12-18 20:09:07.197 UTC   PPS: 0.02675 satoshi per 1 diff share
Block: 387072   Diff: 79102380900.226   Since: 2015-12-06 23:30:40.718 UTC   PPS: 0.03160 satoshi per 1 diff share
Block: 385056   Diff: 72722780642.547   Since: 2015-11-24 02:34:53.816 UTC   PPS: 0.03438 satoshi per 1 diff share
Block: 383040   Diff: 65848255179.703   Since: 2015-11-11 10:12:04.127 UTC   PPS: 0.03797 satoshi per 1 diff share
Block: 381024   Diff: 62253982449.761   Since: 2015-10-29 04:25:51.207 UTC   PPS: 0.04016 satoshi per 1 diff share

For the range around 24-Dec you mined from part way into shift Dec-23 14:26:35, to part way into shift Dec-24 09:06:25
So that was actually less than a day worth of mining.
To be exact, it was from 2015-12-23 14:44:12  to 2015-12-24 09:16:55 = 18hrs 32min 43s
(but you submitted 12 shares before that while disconnecting and reconnecting workers)
Your S3 averaged around 436.29 GHs for that time

The total difficulty you submitted was 6,847,686
At 436GHs that would be expected to take 67455s = 18hrs 44min 16s ... so that's pretty close

Anyway, 6,847,686 * PPS = 6,847,686 * 0.02675 / 10^8 = 0.00183176 BTC <- 100% PPS value for those shares

--

The actual db storage of all your shares (just showing valid difficulty you submitted and the bitcoin difficulty range) is:

i.e. 100% PPS for all your shares submitted is:
8277724 * 0.02675 + 13514246 * 0.03797 + 1091829 * 0.04016 = 0.00778413 BTC

Your total rewards: 0.00732936 = 0.00732936 / 0.00778413 PPS = 94.2% PPS

--

The blocks after the last time you mined (18.5hrs) have been 121.169%, 190.836%, 193.605%, 8.930% with a mean of 128.638% or luck of 77.74% ...

--

So basically, your mining stints have been very short and thus would expect to be subject to high variance, your last mining stint was before the last 4 blocks with a luck of only 77.74% so far, and yet you still have 94.2% PPS on all your shares so far ...

I'm not seeing anything like you suggest ... ...

--

Edit: also I'm not sure why you keep showing the fact that you don't mine for 5Nd and then say you should get 5Nd?
If you mine for 18.5 hours out of 4 days then your average hash rate will of course be MUCH lower than your miner says.
Simple math 426 * 18.5/96 = 82GHs

Look at the shifts page ... that shows you getting around 436.29 GHs for the last lot of shifts except the first and last shift that you didn't mine the whole shift.

Here are my numbers for November and December so far:


November
Avg Hash Rate = 15.605 THs
Total BTC = 3.75469745
BTC/THs = 0.2405964438
BTC/THs/Day = 0.2405964438 / 30 days = 0.00801988146

December
Avg Hash Rate = 15.945 THs
Total BTC = 3.21162685
BTC/THs = 0.2014151087
BTC/THs/Day = 0.2014151087 / 27 days = 0.00745981884


So that is a decrease of 0.00056006262 BTC/THs/Day or about 7%
Difficulty has increase 50% so I think a decrease of only 7% is pretty good.

I had already moved by the 27th, so the payments are short of a full 5Nd, but at current payments, I doubt the shortfally being more than 0.0001x, the 27th payments were for work done within the rolling 5Nd, If I had set out to do a full comparison, I might have set a full and proper start and stop, and taken more care, but the issue is that the payment drop is so much that it really sticks out no matter what.

On the alternative pool that I am trying , my current  Estimated Daily Reward is  0.00234946 BTC  and this has been pretty much true for the last few days.

This is almost twice the payment I received in November per day when this pool was 2ph and quite number of times more than the S3 receives now its 6ph.

How much were other people receiving in November, am I going nuts, or is it only me that seen a drop.

per 1000GH, how much per day, as an average reward did people get when the pool was 2ph, compared to now its 6ph ?

Ste

Yes, apple vs hazelnut.

This is what keeps grabbing my attention, and likely what sky_g is referring to:

You compare Kano ->
384195   18/Nov 19:04   24.82829424   329.586G   178hr 36m 31s   2.20PHs   0.00%   13.514M   90.27GHs   0.00101805
-and-
390432    27/Dec 07:42   24.81187616   469.898G   96hr 59m 1s   5.78PHs   0.00%   6.848M   84.24GHs   0.00036157

With your other pool ->
25808   27/12/2015 19:28   66 minutes   40.05 Ph/s   455.9 Gh/s   0.00028074   25.17061072 BTC   99

It appears you didn't have a S3 (~450GH/s) pointed at Kano for the full 5nd when it was at the other pool. You are comparing an apple to a hazelnut...