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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2201. (Read 5352747 times)

sr. member
Activity: 478
Merit: 250
thanks. some people seem to have difficulty with (known) variables in simple algebraic expressions, so i'm trying to clear it up for them with tangible figures.  with the current pool hashrate it appears to be ~66.4 hours until people start receiving full payments. and if you quit this moment you'll receive your (diminishing) share % of any block found in the next 66 hours (at current pool hashrate)
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4

If you are the type of miner that wants a transparent honest pool that pays very well where the developer actually is involved in the pool's thread and takes the time to read and answer posts then by all means mine here.

+1

Good pool luck recently ... brace yourself ... this week should statistically be 'rocky'  Shocked

But then again, this pool always surprises  Grin

Actually, no it "shouldn't" be "anything" Smiley
The history of blocks has zero effect on future blocks found.

So the fact that we keep doing better than expected doesn't mean anything for the future.

Yes the last 42 blocks, we mined only ~80% of the shares expected to find those 42 blocks - which is very nice indeed Smiley
(that basically means that anyone who mined for all those 42 blocks should have been paid something like 125% * 99.1% of expected PPS)

Next, we may get a run of bad red blocks or a mix of red and green, more green, or maybe even hit one of the terrible bright red 800%+ blocks that are ever so rare Sad
It's random, and always will be.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
let me ask this to hopefully clear up the question for people... the last 500% thing, is that in regards to the overall difficulty of 40,640,955,017. so essentially you're paying for a miner's share % over the last 203.xxx billion or so pool shares?
Yep
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
I've only been on a couple days with 2.1TH. I'm trying to understand the 500% thing.
https://bitcointalksearch.org/topic/m.10108762

But basically, each share you get is paid (0, 1, or more times) in each block found 5N (500% Network difficulty) after you submit the share.
If every block was found at exactly 100%, then each share would be paid 5 times, 1/5 of the expected payout amount for that share.
It reaches full payment at that 500% point (and gets no more after that)

So, basically, your payout for each share is spread over time in the future (500% Network difficulty).

Once you have been mining for 5N (500% Network difficulty) each payout will have shares through the whole payout period approximating to your hash rate so each payout will match pretty closely to what you'd expect for your hash rate.

Once you stop, you still receive (decreasing) payouts for the blocks found in the 5N (500% Network difficulty) after you stopped
(Edit: as the remaining shares fall off the end of the 500% payouts)
sr. member
Activity: 478
Merit: 250
let me ask this to hopefully clear up the question for people... the last 500% thing, is that in regards to the overall *current* difficulty of 40,640,955,017. so essentially you're paying for a miner's share % over the last 203.xxx billion or so pool shares?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Agreed, sic...

However, I don't think their English was very well.

That may be why they were ignorant of their payout being low the first time.
Well they'll get a surprise if they keep getting paid after they leave Smiley
newbie
Activity: 56
Merit: 0
I've only been on a couple days with 2.1TH. I'm trying to understand the 500% thing.
sr. member
Activity: 471
Merit: 250

If you are the type of miner that wants a transparent honest pool that pays very well where the developer actually is involved in the pool's thread and takes the time to read and answer posts then by all means mine here.

+1

Good pool luck recently ... brace yourself ... this week should statistically be 'rocky'  Shocked

But then again, this pool always surprises  Grin

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
hero member
Activity: 777
Merit: 1003
I have only been on this pool for a few days, but based on the payouts I have been getting I ran some quick numbers.
My payouts are ranging between 0.014 BTC/TH/Day and .028 BTC/TH/Day. These are very rough number I know, especially for only a couple days.
I'm hoping when Kano gets the payouts working on the pool's site there will be a way to access them with the api and I can graph them on my monitor site (http://ckpoolmonitor.zachmonroe.com) and I'll be able to see a rolling average.

That would be the type on information that might help to keep people on the pool.
Show them that after several days the payouts will be higher.

I used to pick my pool by using http://poolpicker.eu/table?algo=sha-256
The best rate showing on there right now is 0.0125 BTC/TH/Day so I am definitely doing better than that on here.
sr. member
Activity: 478
Merit: 250
sjc1490 for a second i thought it could've been then N in the payment  equation or something and i was even more confused than before. posting the payment links never hurts, because people always seem to struggle with the 500% thing.
sr. member
Activity: 351
Merit: 250
Hey Kano,
Have you added support for AMT Prisma's and Tubes yet? I recall seeing something but don't want to bother Sidehack if they're not suppoted. For some reason I can't access them remotely.

Thanks
hero member
Activity: 546
Merit: 500
i didn't see the word nonce or extranonce in any of those 3 posts??? my question wasn't realated to payments

Sorry wasn't meant for your quote. Remoted in to desktop and have some serious lag. Grabbed wrong post. Went back and edited.
sr. member
Activity: 478
Merit: 250
i didn't see the word nonce or extranonce in any of those 3 posts??? my question wasn't realated to payments
sr. member
Activity: 478
Merit: 250
I chortle every time is see 'nonce', because it means something very different here.

i full blown guffaw when i see someone chortle and then not offer any extra info that could be helpful  Roll Eyes
hero member
Activity: 546
Merit: 500
i put my rig 24 to the pool


profit 0.006

hashrate 11.5t slow payments and nothing to check balance.


For me no its clever enough


need put more information in the pool

In time i just change my rig to antpool......

It kills me how people don't go back and read any prior pages before posting, if they did they would see Kano as well as others have explained how payouts here are calculated. They would also see how others as well as myself have stated how if you mine long enough to reach the 500% mark that with our current luck (for lack of a better word) payouts will be more than anywhere else.

If they would have read they would have also seen that if you are they type of miner that needs a payout as soon as a block is found or some type of glitzy GUI then by all means mine somewhere else.

If you are the type of miner that wants a transparent honest pool that pays very well where the developer actually is involved in the pool's thread and takes the time to read and answer posts then by all means mine here.

Ok, I am through ranting just get tired of same type of post every few days when all the poster had to do is take the time to read the thread.

sr. member
Activity: 289
Merit: 250
i put my rig 24 to the pool


profit 0.006

hashrate 11.5t slow payments and nothing to check balance.


For me no its clever enough


need put more information in the pool

In time i just change my rig to antpool......
hero member
Activity: 1246
Merit: 501
I chortle every time is see 'nonce', because it means something very different here.
sr. member
Activity: 478
Merit: 250
Options to change that from a miner are not relevant to bitcoin mining.
We don't have that in master cgminer nor does the pool require it for any reason.

i figured if anyone could give me a proper response it'd be you or CK, thanks!
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