Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 22. (Read 5352633 times)

Just reset your password on the web site.  You can also create another account if you like.  It's up to you.

Hi everyone. Looking to switch over to here when bitminter shuts at the end of the month. Im only a hobby miner with some gekkos (1.8Th) so wont be winning any prizes or blocks for my contribution lol.

I did mine here a couple of years ago when I had some bigger gear but im in the UK and electricity prices suck so had to scale down. What I wanted to know is whether my old account would still be stored in the system or would I need to create another one?  Can’t for the life of me remember my password but can provide email addresses. Thanks.

Sweet!

Can't wait to see my name on that list

BLOCK by Canaan!
Woot!

I've moved my reply here since it belongs here (as does Phil's ...)


The smallest blocks we've found were obviously those very shortly after another network block when the mempool was close to empty, but not empty.
There's always between 0 and 30 seconds of network time for more transactions to appear, so that's why it's VERY rare for work to be empty.

You are ignoring the CDF[Erl] and not applying any statistical results to your "really bad luck"
It isn't really bad luck, it's quite well within expected probabilities.

kano.is shows CDF[Erl] which states quite clearly how expected the results are:

Also note that the PAPPS% reward for the last 500 blocks (the worst CDF[Erl] value) is 99.68% PPS

Not really.

Assuming 5ND was kept instead of changed to 3 days in Jan:

Say you had 54TH mining end of Feb, and turned them off March 1st, ramp down time was around 146 days in Jan, it would have been more in March, but for arguments sake lets keep it the same.

Block was found on 2th May, which is 81 days after you turned off your miners. So by then you would have ramped down by at least 55% or roughly 24TH.

Pool N avg was 7.45PH when the block was found and the block was worth 8.31423879 BTC

So your pool reward percentage would have been 0.024/7.45*100 which equals 0.322147651%

That's 8.31423879 x 0.322147651% or 0.026784125 BTC

BTC price was aprox $9750 so the most you could have lost was pretty much $261

If you would have kept mining the entire time after the switch to 3 days you would have made 0.05356825 or around $522 when the block was found in May

Well, if you mean illegal firmware violating the cgminer license, put out by hackers on this forum who charge ridiculous fees ...
why would I be happy about supporting people using that?
Of course not.

As for rentals, or that 'other' legal firmware,
that's part of the reason why it's not ready yet ... though that part is complete, but requires the rest of the solo code to be complete of course.

The new system completely automatically disconnects and bans miners when they connect, and can also ban their IP permanently.
Some of the banning in the past was automatic and some required me to trigger it manually when I checked things.
The new one is fully automatic, but it doesn't replace the old one, just adds another method to do it.

It also has an option in those rules to allow solo users for some of the rules.
If you want to risk using some rental source, it will allow you to do that for some rental sources on solo.

It also means I am able to more easily detect issues related to where different types of mining are coming from and what they are using.
i.e. KDB now includes reports of it immediately upon request.

CPU/GPU will always be banned since they are a waste of any pool's resources, and you'd require millions of them to match a single miner ...
Edit: even a tiny NewPac USB miner is over 1000 times faster than a CPU and over 100 times faster than a GPU

Edit2: the next update also includes the correction of the pool block difficulties, since the pool has now got so small.
Using the TotalDiff/NetworkDiff is incorrect.
While in the past, we were a much larger pool, and this made negligible difference and on only a very few blocks that crossed difficulty boundaries, over the past year this has been clearly incorrect and noticeable (like all the other small pools has for years ...)
With the update, blocks in the last year will be updated also, and the new code (in testing) already handles this correctly.
It is actually a major issue in calculating the value correctly also even using the largest language double value available in C, due to lack of precision.
Using a running total also gives rise to incorrect values, however, as has always been the case here, KDB shows an estimate first when the block is found, but re-calculates it with an update. The new estimate is calculated correctly but contains the small running precision issue, that gets larger as the number of shares increases, however the re-calculation resolves that by grouping results within shifts, within difficulty ranges, before doing the calculation.

Are you lifting the firmware restrictions to solo miners?

Hey Diesel,
Yes, all of us long-term kanopool miners lost months of shares when the N (number of shares) changed from 5Nd (5 times current network diff) to just 3 days some time back.  Kano explained why, and with your miners off you lost all your shares after 3 days once that change happened.
Bummer, but it is the way if a smaller pool is to survive.

I've had a few PM questions about this, so I'll post it here (again) and reply with this link if anyone else asks:

Firstly, this is a PPLNS pool.
It means that every time we find a block, the reward is distributed to all shares in the last N

However, as discussed extensively back in January in Discord and a little in here also, from January, I changed the N to be 3 days.

In the past the pool N was 5Nd which was 5 times the network difficulty.
Alas, with a (now) small pool, no one would get their expected reward for something close to a year when they join.
Which no one in their right mind would do that.

As I stated many times, this change affects negatively (very quickly) those who stop mining or leave the pool.
Solution: don't do that

P.S. this of course also means that the badly named and misunderstood 'ramp up' is also only 3 days.
Get back in and you'll be back to expecting full reward per block in only 3 days.

lol i dont think he thinks you are, more like looking for a way to show that you are not. like proof - rather than taking your word. he may not have history with you to yet trust you. I think those that do have history though do trust you - especially with no empty blocks and no blocks lost.

I have lost blocks on other pools but never here.

Discussion when it's finished and ready, I'm really only replying since someone seems to think I'm trying to rip people off

I think he might be asking if, as miners, can we tell? like when we look on the list of miners (stats page) can we see who is solo vs pool - that way when a block is found and is on the blocks page - it is easily confirmed that the miner is solo or pool.

I have one question - which you probably most likely answered and I either forgot or missed it - the pool hash rate, will that reflect only "pool" miners or will it include all accounts? or will there be two sets of stats - one for the pool miners and one for the solo miners?

As I said, an account can only ever be one, and to become solo it must be flagged (within 2 hours of creation) before any mining and a few other requirements.
There will be no way to swap. If you want a different type of account, you have to create a new one.

Anyone who finds a block should already know they've found it, and the pool will of course already now immediately (the microsecond that the block is found) who found it and if it was solo or pooled - it will report it as such immediately as it already does but with the added distinction of being pooled or solo.
The already present user list will also be clear who is pooled and who is solo - two separate lists.
Expecting that I could pretend that a pooled miner didn't find the block when they were pooled mining, seems a rather odd thing to suggest.
The reverse, of taking a solo block away from the ONE person who found it, well that's not really gonna work too well either since they should know also.
Thus I don't see the problem.

Also, no two accounts can use the same payout address, that is there in the old public git code I wrote and will never be removed, since it causes balance calculation problems if any 2 accounts are allowed to use the same address, thus if an account is already receiving rewards to a non-solo address, they can't suddenly get solo rewards to that address - so it would be obvious in that case.

As for trust, well miners already put their trust in any pool they use, even ones where the operators don't give a shit and lose many blocks due to negligence and lack of interest, coz they're too busy working for Sol Press and don't care and they've already made thousands of BTC

Fudging blocks back and forth is simply a pool operator risk of being caught, like any other that you can think pools might want to do, yet everyone mines on pools anyway, even the ones that have already ripped of their miners large amounts ... like slush.

For accountability sake. How will other miners know who is mining for solo and who isn’t.  How do we know that solo miners only get rewarded for solo blocks and community miners get paid for work completed.  I know you have trust.  But this is a trustless environment.  Your making it so that I have to trust you don’t do something nefarious if one pool has had a dryer spell over the other.  It’s obvious the incentive is there to cheat since slower blocks result in less and less miners.   I guess what I’m asking is how will users personally verify prior to blocks being found who is on what pool?   This system that is supposed to be trustless sure is relying a ton on trusting others won’t do what’s best for them.  Idk. Sorry to be that pain. Just want some things to be done right. If we are to right the ship that is the financial system one must think of all the angles one can be defrauding another!

BR

It will just be an account setting that can be set on a band new, unused account.
You wont be able to swap things back and forward - ever.
All the mining will be the same - same miner settings - same HIGH quality and PROPERLY managed servers.
No lost MULTIPLE blocks due to NEGLIGENCE like the Derp pools.
Same fee as the rest of the pool 0.9%
It will simply be, if you find a block and the account is flagged as solo, it's a solo reward.
KDB is of course full of up coming changes about this to separate everything - hash rate, rewards, finder type etc.

I've listed all the details in discord a few months back, and will post them here when it's ready - prolly in a few weeks.

Now back to working on this payout+dust today for all the current miners ...

Bam!  The elusive Block has been found.  Thank you, sir, may I have another?  

And what's this I read about a kano-solo pool??  Cool!  You da Man!

I’m glad you finally got it guys!  It was getting close to a half year mark.  I wish you would have got it before the halving, oh well at least it’s finally cracked!  Congrats! 

Hallelujah! We finally cracked another!

Congratulations on the recent block 👏

Wishing you all growth and prosperity in the coming months.