Author

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2018. (Read 5352429 times)

legendary
Activity: 1274
Merit: 1000
Not really. The more hash rate at the pool, the LESS you get paid.

Not really.

If the pool solves more blocks, you get paid MORE; more quantity and more frequency.  There's a break point where too many miners will result in you getting paid less quantity, but 2PH is not that point.  I should do the math, but there will be several "maximum" number of users / hash rate combinations that result in maximum payouts to pool participants.
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Not really. The more hash rate at the pool, the LESS you get paid.
About 2PH or under is perfectly fine.

Who cares about getting paid daily if it's more than it would be at any other place?  Roll Eyes
hero member
Activity: 575
Merit: 500
With other words, it's in our all best interest if whe increase the Hasrate at CKpool?

Agree, I have all mine at Kano. We rally only need like 5ph to be paid daily or more but 5ph would pretty much seal the deal.
newbie
Activity: 49
Merit: 0
With other words, it's in our all best interest if whe increase the Hasrate at CKpool?
legendary
Activity: 1274
Merit: 1000

My problem is that at antpool you get payed every day and somehow that feels better for me?


If there were more blocks solved at Kano ckpool (i.e. more hash pointed at the pool) then you would be paid daily here, too.  Or more than once per day, pending block confirms.
newbie
Activity: 49
Merit: 0
I started once mining at slush, but they are really bad in my opinion.

hero member
Activity: 575
Merit: 500
I don't get why not more people mine here. Second most profitable pool and you would be supporting the good guys instead of incompetent and greedy chinese miners.
http://organofcorti.blogspot.de/2015/09/september-13th-2015-mining-pool.html
I get that people like PPS but longterm they get more BTC at ckpool than on F2Pool or Antpool.

Maybe it is the UI? But  smart miners shouldn't care about that.

OK, so this is the second best pool to mine? Whick one is better?

My problem is that at antpool you get payed every day and somehow that feels better for me?

But, I will give a second try and when I move to my new location soon I will connect all my miners,
which is about 25Ths at the moment to CKpool and we'll see at the at the end of the month wich one is most profitable...

And the GUI, I like it, makes me thik of the old days when we had DOS, ow hated Windows 3.1 in the start, and 95, and 98 and.........



Well the stats say bitminter has been a bit better last 26 weeks but they just got 2 orphans this week so that will drop and Kano will be on top over 26 weeks. If you look at the link above, Kano is the best by far over 4 and 13 weeks. I did a 30 day compare with slush during the month of no fees and sent same hash to slush and Kano. Kano beat slush by about 10%. Just saying....
newbie
Activity: 49
Merit: 0
I don't get why not more people mine here. Second most profitable pool and you would be supporting the good guys instead of incompetent and greedy chinese miners.
http://organofcorti.blogspot.de/2015/09/september-13th-2015-mining-pool.html
I get that people like PPS but longterm they get more BTC at ckpool than on F2Pool or Antpool.

Maybe it is the UI? But  smart miners shouldn't care about that.

OK, so this is the second best pool to mine? Whick one is better?

My problem is that at antpool you get payed every day and somehow that feels better for me?

But, I will give a second try and when I move to my new location soon I will connect all my miners,
which is about 25Ths at the moment to CKpool and we'll see at the at the end of the month wich one is most profitable...

And the GUI, I like it, makes me thik of the old days when we had DOS, ow hated Windows 3.1 in the start, and 95, and 98 and.........

hero member
Activity: 575
Merit: 500
I don't get why not more people mine here. Second most profitable pool and you would be supporting the good guys instead of incompetent and greedy chinese miners.
http://organofcorti.blogspot.de/2015/09/september-13th-2015-mining-pool.html
I get that people like PPS but longterm they get more BTC at ckpool than on F2Pool or Antpool.

Maybe it is the UI? But  smart miners shouldn't care about that.

Publicity, knowledge, etc. People are Lazy.

People just google a pool and point it there or maybe they don't they just go with what the seller of their miner tell them. For instance Bitmain heavily push people into using Antpool since they can continue making money of the miner they build without spending a single extra dime.

They don't think 1-3% more is worth bothering or they don't even know they can get more. They get misled by AntPool saying 0% fee. So they think its the best. They don't understand no tx fee reward is quite significant and will be more and more as the block reward halves.

If everyone came to know of Kano/CK's pool, then it would surely get much more hashrate, but perhaps not before it get more hashrate first. Its not particularly interesting for people when you tell them its possible they won't get a payout for one week. Small pool mean variance and most people unconsciously flock to the bigger group. Basic survival impulse.

Maybe Kano can take up a collection for marketing, I'd surely donate. If all 175 miners on Kano chipped in .1 or so and Kano puts that to marketing, banner ads on BTC sites and maybe some press. I bet we can pickup 5-10 Ph. Especially since he can show the stats to back it up, look at the all time stats!!! Nothing beats real numbers to backup your marketing. With a 12-15Ph poll, the variance would be pretty stable and if the luck continues on this road, everyone would do better then Ant or F2.
legendary
Activity: 1302
Merit: 1068
I don't get why not more people mine here. Second most profitable pool and you would be supporting the good guys instead of incompetent and greedy chinese miners.
http://organofcorti.blogspot.de/2015/09/september-13th-2015-mining-pool.html
I get that people like PPS but longterm they get more BTC at ckpool than on F2Pool or Antpool.

Maybe it is the UI? But  smart miners shouldn't care about that.

Publicity, knowledge, etc. People are Lazy.

People just google a pool and point it there or maybe they don't they just go with what the seller of their miner tell them. For instance Bitmain heavily push people into using Antpool since they can continue making money of the miner they build without spending a single extra dime.

They don't think 1-3% more is worth bothering or they don't even know they can get more. They get misled by AntPool saying 0% fee. So they think its the best. They don't understand no tx fee reward is quite significant and will be more and more as the block reward halves.

If everyone came to know of Kano/CK's pool, then it would surely get much more hashrate, but perhaps not before it get more hashrate first. Its not particularly interesting for people when you tell them its possible they won't get a payout for one week. Small pool mean variance and most people unconsciously flock to the bigger group. Basic survival impulse.
hero member
Activity: 968
Merit: 547
I don't get why not more people mine here. Second most profitable pool and you would be supporting the good guys instead of incompetent and greedy chinese miners.
http://organofcorti.blogspot.de/2015/09/september-13th-2015-mining-pool.html
I get that people like PPS but longterm they get more BTC at ckpool than on F2Pool or Antpool.

Maybe it is the UI? But  smart miners shouldn't care about that.
hero member
Activity: 742
Merit: 500
I was looking in the wallet and what do we have here: few small payments from 1N6LrEDiHuFwSyJYj2GedZM2FGk7kkLjn because i pointed few miners over here some time ago...

Now i'm full speed on this pool;D
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Can we have a restart please?  Cheesy

Nice job! Was that a WestHash rental?

I have some westhash rentals and Betarigs rentals going here as the price moves.
Also have my own rigs in there, so not sure which one hit.
hero member
Activity: 543
Merit: 500
Can we have a restart please?  Cheesy

Nice job! Was that a WestHash rental?
sr. member
Activity: 419
Merit: 250
Can we have a restart please?  Cheesy
No restart required, as stated above, you just found our next block Smiley

ROFL.. WOOHOO!! Wink

More like  Grin AMIRITE?
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Can we have a restart please?  Cheesy
No restart required, as stated above, you just found our next block Smiley

ROFL.. WOOHOO!! Wink
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Can we have a restart please?  Cheesy
No restart required, as stated above, you just found our next block Smiley
legendary
Activity: 1736
Merit: 1006
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Can we have a restart please?  Cheesy
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Lulz funny about Eligius lying about pools.

As I've stated before, the expected rewards on this pool are quite specific and very simple to calculate.
1) (total block reward * 99.1%) * orphan rate

Now a few rather simple facts.
Eligius doesn't pay total block reward, they pay less, they pay a absolute maximum of 100% PPS ... less reduce that by the orphan %
You can check any of their miners on their block page and see that they aren't 100% PPS

Next, what is the average total block reward here?
Over the 323 blocks found, our average total block reward is 25.12814881BTC
Or ... 100.51% PPS

How many orphans have we had?
Two.
First one was the 2nd block found on the pool, and only one more in the almost year since then.
2 out of 327 = 0.61% i.e. 99.39% ok
Of course sooner or later we'll get more orphans, but the fact that our pool handles block changes WAY faster than that 'other' pool means we expect our orphans to be a lot lower.

So our current expected payout is 100.51% * 99.1% * 99.39% = 99.00%

Yes I took into account all 3 actual relevant numbers - I didn't ignore any

Now for people being paid here at the pool, there's another interesting factor that is of course historical only.
The pool luck over the past year has averaged 103.48%

Then of course if we look at the past 200, 100 and 50 blocks:
Average total block reward:
200 blocks: 25.15175945 100.61%
100 blocks: 25.20158867 100.81%
50 blocks: 25.22162929 100.89%

And of course historical luck Smiley
100 blocks: 106.02%
50 blocks: 107.21%
Jump to: