Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2136. (Read 5352067 times)
March 10, 2015, 02:40:08 PM
347038 looks to be staying here...
March 10, 2015, 04:55:07 AM
My question is what happens to the share count on a orphan block? Is the count thrown out and restarts over or are they still counted?
The block share count restarts.Everything else counts it as if there was no block - i.e. there'll be no payout and (soon) the rewards will disappear.
The new block stats (that I'm working on) also treat it correctly that way - as does the total at the bottom of the current blocks web page.
Edit: of course the actual shares count everywhere as if they are part of the next block that will be found - but that doesn't show that way on the blocks page since it shows the actual orphan separately.
March 10, 2015, 04:33:19 AM
My question is what happens to the share count on a orphan block? Is the count thrown out and restarts over or are they still counted?
March 10, 2015, 12:41:18 AM
There was about 50 minutes between the next block and apparent orphan does that necessarily mean that one pool/miner found it first, or that it was recorder by a node that block in question was solved by another an then the other miner was the right order. Are there any time stamps involved, I would guess no? Also, I know I am getting way off here... but, what does "first relayed by" mean exactly?
Sorry for getting a bit off topic :/
On blockchain you are looking at unreliable information that they put up and pretend it is reliable.Sorry for getting a bit off topic :/
"first relayed" by is the IP address that blockchain got it from.
Remember, blockchain is nothing more than another node on the bitcoin network.
Blocks and transactions get passed around the network, one after the other as they spread around the world.
Most people are not connected to blockchain, so blockchain gets most of their information 2nd, 3rd, 4th ... etc... hand.
March 09, 2015, 10:36:30 PM
There was about 50 minutes between the next block and apparent orphan does that necessarily mean that one pool/miner found it first, or that it was recorder by a node that block in question was solved by another an then the other miner was the right order. Are there any time stamps involved, I would guess no? Also, I know I am getting way off here... but, what does "first relayed by" mean exactly?
Sorry for getting a bit off topic :/
Sorry for getting a bit off topic :/
March 09, 2015, 10:33:19 PM
It appears that Blockchain and Blocktrail both are not reporting an orphan at that height yet.
FYI
After our last orphan this pool went on a BLOCK rampage.
If I remember we had +1% of network of blocks found with much less hash rate.
March 09, 2015, 10:24:24 PM
It appears that Blockchain and Blocktrail both are not reporting an orphan at that height yet.
March 09, 2015, 10:15:03 PM
The payout information still needs correcting (will be done later)
I'll need to manually correct that (flag/remove it) since it shows the numbers but that payout of course wont happen.
The code that flags an orphan has yet to do the reward adjustments.
Also, the code that automatically detects the orphan didn't actually work - since the block was still in bitcoind but just as an orphan.
Will also need to fix that in the ckdb code.
I'll need to manually correct that (flag/remove it) since it shows the numbers but that payout of course wont happen.
The code that flags an orphan has yet to do the reward adjustments.
Also, the code that automatically detects the orphan didn't actually work - since the block was still in bitcoind but just as an orphan.
Will also need to fix that in the ckdb code.
March 09, 2015, 10:13:53 PM
Poor little orphans, someone should find them a wallet to call home. 
So what's an orphan anyways?
It's a misnomer.So what's an orphan anyways?
It's a block with no children in the main chain.
and it's parent has disowned it, not died
Basically, when 2 pools/people find a block at the same time, they are distributed around the internet.
Each bitcoind that receives them in the order they get them, decides either:
1) I've not seen any block at this height before. OK, I decide this is the next OK block
2) I've already seen a block at this height before, so you aren't the winner (but I'll hang on to you just in case that changes later)
The next network block will do the same thing and usually decide the winner as long as an orphan race doesn't happen with that block and thus repeat the process.
BUMMER
I remember the 1st ORPHAN! nothing was worse than the second block we ever found was a orphan.
I got over it (kind of) and just kept on hashing.
by my figurers it cost about 7BTC.
It's still the best pool you can point all your miners at.
March 09, 2015, 10:12:00 PM
I assume we don't get paid for orphans (and now clearly marked as such under bocks) ..... but still showing value under rewards!
March 09, 2015, 09:55:08 PM
Poor little orphans, someone should find them a wallet to call home.
So what's an orphan anyways?
It's a misnomer.So what's an orphan anyways?
It's a block with no children in the main chain.
and it's parent has disowned it, not died
Basically, when 2 pools/people find a block at the same time, they are distributed around the internet.
Each bitcoind that receives them in the order they get them, decides either:
1) I've not seen any block at this height before. OK, I decide this is the next OK block
2) I've already seen a block at this height before, so you aren't the winner (but I'll hang on to you just in case that changes later)
The next network block will do the same thing and usually decide the winner as long as an orphan race doesn't happen with that block and thus repeat the process.
March 09, 2015, 09:52:51 PM
That last block is an orphan
2nd orphan block since the pool started.
Seems like the pool doesn't realise it's an orphan yet.
I'll fix that shortly.
2nd orphan block since the pool started.
Seems like the pool doesn't realise it's an orphan yet.
I'll fix that shortly.
Whoever stole that block also solved 346914. Quick 50BTC.
Poor little orphans, someone should find them a wallet to call home.
So what's an orphan anyways?
So what's an orphan anyways?
An orphan is a block that loses the race to be accepted by the majority. It happens when 2 miners submit a block solution at or near the same time. Both get added to the chain. Eventually one wins the race. It stays on the chain. The loser becomes the orphan.
March 09, 2015, 09:50:31 PM
Poor little orphans, someone should find them a wallet to call home.
So what's an orphan anyways?
So what's an orphan anyways?
Come on now. Little orphan Annie? Nothing?
A block that does not get confirmed is an orphaned block and thus not paid.
March 09, 2015, 09:47:40 PM
Poor little orphans, someone should find them a wallet to call home.
So what's an orphan anyways?
So what's an orphan anyways?
March 09, 2015, 09:45:24 PM
That last block is an orphan
2nd orphan block since the pool started.
Seems like the pool doesn't realise it's an orphan yet.
I'll fix that shortly.
2nd orphan block since the pool started.
Seems like the pool doesn't realise it's an orphan yet.
I'll fix that shortly.
March 09, 2015, 09:44:30 PM
Case in point... after the 225% block the pool found another one after only 27.04%. The more blocks the pool finds in the 500% (~60 hours) timeframe, the more you as a miner will make for your shares. That's the gamble with PPLNS pools. Good luck streaks reward the miners. Bad luck streaks cost the miner.
I think Kano says it best here:
When you find a share, that share lasts N time (give or take a bit because Kano's pool actually is a touch more than N typically). For every block the pool finds during that time, the share is paid. The higher your hash rate, the more shares you have that get paid during that N time. So, pool finds 1 block? You get paid once. Pool finds 100 blocks? You get paid 100 times.
I think Kano says it best here:
Quote
it's your shares that get rewarded when we find a block, not a hash rate.
When you find a share, that share lasts N time (give or take a bit because Kano's pool actually is a touch more than N typically). For every block the pool finds during that time, the share is paid. The higher your hash rate, the more shares you have that get paid during that N time. So, pool finds 1 block? You get paid once. Pool finds 100 blocks? You get paid 100 times.
March 09, 2015, 09:41:44 PM
I see we hit another block 45 minutes or so ago and I don't see a reward for it. But I also see the network has not hit another block since so there are zero confirmations (although the blocklist on the website lists it as 1 confirm). When should I expect to see the reward posted to my rewards list?
March 09, 2015, 09:35:53 PM
Ah... Now I got it. I thought it was like this before, but then the 500% thing you guys threw at me confuzzled me. All set now. 
This forum needs a 'Thank You' button like my SMF Forum. Highly usable.
This forum needs a 'Thank You' button like my SMF Forum. Highly usable.
March 09, 2015, 09:14:11 PM
So, I'm basically getting paid the same amount for a block that takes 225% vs one that takes 37%. Even though I stayed in the 225% one the whole time, while jumped out of the 105% one while messing with my miners.
...
Yes and No ...
it's your shares that get rewarded when we find a block, not a hash rate.For the 225% block, everyone in the pool is mining it.
The block only has 25.nnnBTC
The reward comes from the block.
... and the shares average, over time, to get rewarded 5 times in the 5 blocks after the shares so it takes time (~60hrs) for each share to reach it's reward limit.
Of course it could be 0, 1, 2, 3, 4, 5 or more times, but the long term average is expected to be 5 times.
Aside: the PPLNS N 500%Diff setting means that all shares in all blocks 500% or less, will get at least one reward.
Also as philipma1957 said above, the reward averages out over time and once you've mined for the full 500% (about 60 hours) your reward each block should be close to your hashrate % of the pool - unrelated to how long the block was.
March 09, 2015, 09:04:01 PM
So, I'm basically getting paid the same amount for a block that takes 225% vs one that takes 37%. Even though I stayed in the 225% one the whole time, while jumped out of the 105% one while messing with my miners.
I am completely misunderstanding this PPLNS , 500% thing. *Sorry I'm a bit thick at this*. Usually I'm good at math, but this just doesn't jive with me. LOL
What's odd though, is that it still is a higher income than the Mining Earnings calculators I compared against, so I'm not concerned.
Weird
I am completely misunderstanding this PPLNS , 500% thing.
*Sorry I'm a bit thick at this*. Usually I'm good at math, but this just doesn't jive with me. LOLWhat's odd though, is that it still is a higher income than the Mining Earnings calculators I compared against, so I'm not concerned.
Weird
225% = bad
100% = average
37% = good
pretend you are the only miner in the world. all the gear is free. you have 1 cost power.
225% means it cost more power to get the block = bad.
37% means not much power was spent to get the block good.
another ways to look at it is you have 1 machine pout of 100 machines.
exactly 1% of the pool . so once you have been in the pool long enough (about 62 hours) you will always get 1% if you always hash 1% of the pool power.
so each block will always pay the same ~ .2475 btc .
so the 225% means a long wait for the coins
the 37% means a short wait for the coins. always realize below 100% means better then average.
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