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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 27. (Read 5352067 times)

legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
The problem with us getting so small in the past year, is the "ramp" has gotten out of control - almost 200 days.
It seems often I hear the obvious that people don't want to join a pool where their reward will be paid out slowly over the next 100-200 days.

Setting it to 3 Days solves that problem permanently.

Are you going to leave the 3ND even if the pool recovers its former 100+ PH/s hashrate?
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Well well. This is good news..... as someone who has tried to jump on at Kano, I’ve always been put off from the 154-176 day ramp up times whenever I looked at it. Specially this close to the halving, I basically wrote the pool off entirely.

But now, it’s back in the picture as a realistic option for me! I think it’s a great move!
Mine on! and come on over to Discord if you have any questions/issues you want to discuss Smiley

struggling to jump in Discord, keeps pushing me out.
Well it takes 10 minutes before you can type anything.

As for connecting, the invite should only be necessary the first time if you have setup a discord account.
Anyway, the pinned message explains how to get a role so your account will always list the channel when you login.
Without a role, I think you just need to browser bookmark the channel (and use the bookmark after you login to Discord)
newbie
Activity: 17
Merit: 3
Well well. This is good news..... as someone who has tried to jump on at Kano, I’ve always been put off from the 154-176 day ramp up times whenever I looked at it. Specially this close to the halving, I basically wrote the pool off entirely.

But now, it’s back in the picture as a realistic option for me! I think it’s a great move!
Mine on! and come on over to Discord if you have any questions/issues you want to discuss Smiley

struggling to jump in Discord, keeps pushing me out.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Well well. This is good news..... as someone who has tried to jump on at Kano, I’ve always been put off from the 154-176 day ramp up times whenever I looked at it. Specially this close to the halving, I basically wrote the pool off entirely.

But now, it’s back in the picture as a realistic option for me! I think it’s a great move!
Mine on! and come on over to Discord if you have any questions/issues you want to discuss Smiley
newbie
Activity: 17
Merit: 3
Well well. This is good news..... as someone who has tried to jump on at Kano, I’ve always been put off from the 154-176 day ramp up times whenever I looked at it. Specially this close to the halving, I basically wrote the pool off entirely.

But now, it’s back in the picture as a realistic option for me! I think it’s a great move!
legendary
Activity: 3892
Merit: 4331
The pool did not score since Dec 16, I get that, but now it is all cancelled.
Good lesson not to believe in ramp down promises.

Well rather than watch the pool die while people keep leaving ... months ago ... I've done something about it.

So can you, and get back to 100% in 3 days by pointing your miners back here.

Good lesson to NOT do nothing when the pool requires a change ...

I understand why you did it; not very amused, but, whatever.
Having said that, I hope that you will be able to attract more miners.
I like the pool and it would have been sad to see it go. Maybe this would help.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
The pool did not score since Dec 16, I get that, but now it is all cancelled.
Good lesson not to believe in ramp down promises.

Well rather than watch the pool die while people keep leaving ... months ago ... I've done something about it.

So can you, and get back to 100% in 3 days by pointing your miners back here.

Good lesson to NOT do nothing when the pool requires a change ...
legendary
Activity: 3892
Merit: 4331
The pool did not score since Dec 16, I get that, but now it's all cancelled.
Good lesson not to believe in ramp down promises.
legendary
Activity: 2254
Merit: 2419
EIN: 82-3893490

And ... REMINDER that everyone who finds a block (for the next 18 before the halving) gets a bonus 0.1 BTC

That reminds me...I need to beat my miners to spur them on.  I need to get me a piece of that bonus pie! Cheesy

right? would be awesome if i found my first one while the bonus is in play.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)

And ... REMINDER that everyone who finds a block (for the next 18 before the halving) gets a bonus 0.1 BTC

That reminds me...I need to beat my miners to spur them on.  I need to get me a piece of that bonus pie! Cheesy
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd.
... and what was the "ramp" then? Smiley

If you check history on your "Rewards", you can see what it was.
"N Range"

However, in 2017 April to October the ramp was mostly ... around 3 days or less.

The problem with us getting so small in the past year, is the "ramp" has gotten out of control - almost 200 days.
It seems often I hear the obvious that people don't want to join a pool where their reward will be paid out slowly over the next 100-200 days.

Setting it to 3 Days solves that problem permanently.

--

Anyway, for anyone else who's unhappy about it ... ... ... coz they left the pool ... ... ... point your miners here and in 3 days you'll be back where you were before.

--

Edit: I told everyone in Discord about it on 1-Jan-2020 ... and a lively discussion ensued Smiley
There has been a lot of discourse on it since then.

And ... REMINDER that everyone who finds a block (for the next 18 before the halving) gets a bonus 0.1 BTC
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
The real benefit is it could help the pool get back to a size that is relevant to today's mining environment.  There have been several larger miners that wanted to mine here but could not wait for the long ramp-up period.  The fixed time, 3-day ramp would make it easier for those miners to justify taking advantage of the low pool fees (plus txns) here on KanoPool.  Getting the pool size back up is a benefit to all of us.
member
Activity: 658
Merit: 21
4 s9's 2 821's
It really only affects users who left with all or part of their hashrate in the last few months. If you weren't paying attention that this was coming and were so inclined to move all or some of your hashrate back before the switch you lost shares, if a block is found in the timeframe that you would have still received a payout
Moving forward you can re-evaluate and decide if you want to come back - 3 days and you are fully ramped up. This is beneficial to any small miner who couldn't fathom waiting 60 days or whatever it was for the full 5ND ramp up.
It does suck for people who ramped up fully under the steady reminder that you would receive a 5ND rampdown period. Like any service though it's at the discretion of the service provider.

Exactly.  3 day ramp is so much better for everyone all the way around. 
legendary
Activity: 1554
Merit: 2037
It really only affects users who left with all or part of their hashrate in the last few months. If you weren't paying attention that this was coming and were so inclined to move all or some of your hashrate back before the switch you lost shares, if a block is found in the timeframe that you would have still received a payout
Moving forward you can re-evaluate and decide if you want to come back - 3 days and you are fully ramped up. This is beneficial to any small miner who couldn't fathom waiting 60 days or whatever it was for the full 5ND ramp up.
It does suck for people who ramped up fully under the steady reminder that you would receive a 5ND rampdown period. Like any service though it's at the discretion of the service provider.
member
Activity: 658
Merit: 21
4 s9's 2 821's
So all us long term miners just lost MONTHS of shares?? I recall you said you'd never do this.  Huh

You may want to re-read what kano did again. 
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd.
hero member
Activity: 544
Merit: 589
Thanks for the non-"evil empire" option Kano. I couldn't move before with the long ramp-up and halving coming up, but now that that's not an issue, I'm in.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Hello,
if with the new ramp I just lost months of gains.
I disconnected my miners (profitability) with the old calculation my ramp should have gone down slowly to 0 for several weeks) or it just went to 0.
it's not cool

And if you had stayed your next payout could have been higher than you expected.  It's all about choices.
newbie
Activity: 5
Merit: 2
Hello,
if with the new ramp I just lost months of gains.
I disconnected my miners (profitability) with the old calculation my ramp should have gone down slowly to 0 for several weeks) or it just went to 0.
it's not cool
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
So all us long term miners just lost MONTHS of shares?? I recall you said you'd never do this.  Huh
If you are still mining, you haven't lost anything.
Most long term miners will find that the reward on the next block will be higher than the last one
assuming the pool hash rate is the same.
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