Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2027. (Read 5352429 times)

grats on blocks

Website is down but miners are still mining

Kind of Ironic i was saying last 2 weeks were tough since we had such low Hashrate. Then 2 hours later we had found 3 blocks ^_^"

My thoughts exactly!  Congrats to our block finders!

Good job  . What type of miner was it?

I found a block!

From my viewpoint, I don't consider us small miners, instead, we are electricity conservatives!        I'm loving this pool. It's a fun and loyal group.

Agreed, it's so much better when I see Kano CKPool show up on Blockchain.info instead of F2Pool or AntPool mining a 1 transaction 0KB block.

It just seemed like we were about to pop a few in a row! I don't know why, but it is much more satisfying hitting blocks on this pool then your standard larger pools.  

Keep it up guys! 

Yeehaw.

Nice to wake up to some blocks! Go CKPool 

Wow!  Relatively small miners hitting blocks!  That's good that's good!  Nice wake up this morning!... 

one more block .
2.462%  

Due to:

P.S. Just got another block

And just in case all the explanations weren't clear enough. The reason those values are gecox22's current numbers is is because of the 5Nd method. Basically after 5 blocks you would have your expected 5Nd gh of 450gh or whatever speed it is its running, if properly, at.

You're getting paid for 94 and 43 GH/s, your S3 should be more like 450 GH/s.  Therein lies your low payouts.

Yeah i have to say. You're pretty attentionate and your pool is performing very well.
Luck has felt pretty rough for the past 2 or so week but it probably just feel that way because we dropped drastically in Hashrate.

Thanks

Of course the payouts are dependent upon the luck of the pool, which fortunately, over time, has been > 100%

But the high expected average is the main factor in that.

Ignoring orphans, the recent expected average is 100% PPS
 Block rewards averaged over the last 50 blocks: 25.234287 BTC = 100.9% PPS
 So pool miner reward of 99.1% of 100.9% is 100% PPS if pool luck was 100%

... it's also interesting to note that pool luck over the last 50 blocks is currently 111.47%

Also the pool itself and how it handles work changes keeps orphans at a very low rate.
So far only 2 since the pool started (2 in 313 or 0.64%) so that would push the 100% PPS average down to 99.36% if pool luck was the expected 100%

Link regarding payouts: https://kano.is/index.php?k=payout

Firstly the meaning of the fields.
My miner reward for that block:
Miner Reward - the part of the full block (99.1%) paid to all miners
N Diff - the 5Nd value actually used - as the Help->Payout page mentions, it's usually a bit more than 5Nd (and should average half a shift more)
N Range - the time range for the "N Diff" - i.e. how far back in time shares were rewarded for this block
Pool N Avg - Pool's average hash rate over "N Range"
Your % - Of all shares that were rewarded in that block, that was "Your %" of them
Your N Diff - Your total difficulty of shares rewarded - which will match: "N Diff" * "Your %"
Your N Avg - Your average hash rate over the full "N Range" time period - if you didn't mine 100% of "N Range" then your average hash rate will of course be lower than your miner's total hash rate
Your BTC - Your reward

Note that the hash rates will be shown as per the pool's actual accepted shares.

Your reward per block is dependent upon how much work you supplied in the reward range.

The Reward range is 5Nd (as it says in the pool help page) so if you haven't been mining for the full 5Nd then your reward for a given block will be proportional to your % of the range that you were mining.

The long term side effect of the 5Nd is to reduce variance.

Another way to word what actually happens in the calculation to produce this result is:
Your shares get rewarded in the 5Nd after each share is submitted, so it takes a while for each share to be fully rewarded.
Each share is expected to be rewarded 5 times (plus a tiny bit more) on average - so ~5 times.
Any more blocks found in the 5Nd after each share will reward those shares again, with an expected average of being rewarded a total of 5 times if pool luck was always 100%

That's really great to hear and I am glad you happy!

Hi all
Just want to give my observations using Kano's pool.
I have mined on most all of the popular pools for bitcoin. From my own experience Kano's pool pays the best.
I have had as much as 17ths of equipment that I own, also have rented a lot of hash with different pools.
Kano's pool has always paid better than Ant-pool,Btc guild, slush and I started with Bitminter ( I have NOT had any hash pointed at Bitminter
since last August) .  Recently I pointed some of  my hash at Antpool for 6 weeks. I was ready to quit mining again because I was not making any money.  Then  I sent everything back to Kano pool and it feels like I have new life again. I will keep my miners here nonstop and add rented hash with no worries.

Long story short........ THANK YOU KANO !    You have a great pool and I lost money when I tried other pools.
Now if you can get the MORONS to stop the hard fork on block size...................

I value your hard work and commitment to the pool and Bitcoin.
 
 pingster