Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 28. (Read 5352311 times)

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

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.

Thanks Kano!  The long 'ramp up' time seems to have been a big hang up for miners that were considering joining the KanoPool.  The 3 day N should make it much easier to get to full TH.

So all us long term miners just lost MONTHS of shares?? I recall you said you'd never do this. 

I've done an update to KDB and put it live (already)

With this update, I've changed the pool's N in PPLNS to 3 Days rather than 5Nd as it was before.

So, the next block we find, it will ONLY reward all shares in the 3 Days prior to the block.

For new miners or miners considering joining, this means that it will take 3 days for your shares to 'ramp up' to full reward
as opposed to the 5Nd value that was around 148 days on the last block we found.

This also means that if you leave the pool i.e. no longer mining, after 3 days your shares will have 'ramped down'.

Applying the two above if you have an outage, after 3 days you will have 'ramped down' but also you can then 'ramp back up' within 3 days after you reconnect your miners.

The 'expected' result is still the same as before, however, since the pool is currently small, and the average block time is quite a bit more than 3 days, the variance, due to this change, of your rewards while 'ramping up' or 'ramping down' is much higher.
What this basically means is: that during that 'ramp' (up or down) the expected chance of a reward is 1 in X/3 where X is the average expected days per block based on the current pool hash rate - which is currently about 5 weeks.

Hopefully this will attact more miners, and help us get that average block time much more regular!

Come visit Discord with the link on the Home Page if you have any questions.

ahh that could explain why some would have larger amounts than others.

There were a few folks over the years that forgot to put in a wallet address when they started their new KanoPool account.  This was in spite of the big red letter warning on the top of each page they saw each time they logged into their account.  All of the payouts they got while having no payout address went into their dust account no matter how large it was if I remember correctly.

I was more leaning towards those who earn a few dust payments while ramping up. but yes if you were consistently under the dust level even at full ramp, I can see the dust adding up to quite a bit.

I do not think many are in your boat but I could be wrong. I am wrong quite often

either way, that .3 BTC will be nice to have for you - congrats!

Firstly, yep the accounting is live and working fine.

As mentioned a couple of times, the Rewards page is the same data as before, but for a rare few also includes some 'adjustments' at the bottom
e.g. bonuses

The Payments page lists all the bitcoin payments you have received from the pool, in the blockchain.
It includes the transaction number and the vout number in the transaction, (and the address of course) that you received your payment.
So a full 100% proof of payment.
There's also a CSV download link at the top right of the Payments page (something I mentioned I'd add years ago )

What anyone is owed, is the total Rewards+Adjustments - Payments.
It will go to your current address.
You can now also set your payout address to be a bc1 address.

As for the next block payout after we find the next block, it will be divided into 3 transactions.
The 3 transactions will be everyone who is above dust in the block payout:

1) The usual block payout for anyone who doesn't have any owed dust
2) A 2nd separate transaction that is combined for anyone left out of 1) coz they are owed dust - it will be the combination of the block reward+owed dust
3) I have to make a separate 3rd transaction for a (very) few who have both account and address mining in case 2) above.

Those who aren't mining, or only have a few GH/s on the pool and are mining dust, will get their outstanding dust some time after the above.

This is most awesome news that the accounting software is done and nearly ready
to be switched on...thanks Kano

Stryfe said
I know this is a long time in coming but ultimately this ends up being just a few
cents to maybe a couple of dollars. I do not think anyone has a substantial amount of unpaid "dust"

Well, I have over .3btc in "dust" as I erroneously mined here for over a month
nearly 2 and a half years ago

I have kept mining here ever since then, even though most of the last year it was
costing me more to run my s9's and t9's than I was earning from them after
paying hosting fees in Iowa

When I get it I will probably update the old s9's and t9's to a few s17, but will have to send
them further north to avoid the trump tax in Iowa, BTW is there any demand for a few old s9/t9
units in Bettendorp, s9's running two boards t9's appear all good...all early models

cheers

I use my R4 as a space heater, and mine here with it...    At ~800W it's the same as running one on low setting.  Which is enough for winter where I live.  As always, YMMV.

Well if it was mining here that might help

I own an R4 still running it 24/7 but we don't get winter in the tropics, my question is: Does the R4 makes for a good space heater? Or you need something stronger?

Great White North = Canada so I'd say no... 

Bob & Doug McKenzie anyone?

Anyone?

Bueller?

Also, It was CAD97.42 Customs into Canada for an S17.

I see.  Yeah usually they don’t let you spend them on what’s really needed. 

I have no idea where that is but can I send some to you and then come and pick them up from Texas?  Or is it a long drive and I better just pay the Trump? 

I stand corrected - I found there is a button I have to click (it does not show well on my phone) to switch between purchase coupons and order coupons. I also have coupons which are 150 and I can use those one per miner vs using the 153 + 41 for 194 off an order - the order would have to be for 1,940 to use both which means at least 2 miners.  Either way, I need to decide tonight what I will order.

I also emailed Carol @ Bitmain to see if there was any way to use both a purchase and an order coupon on the same order. I pretty much know the answer but maybe they will be greedy for another sale?

The spot order thing is new, my 10% Jan 31 coupons allow me to allocate them to any type of order. And you can combine them. But you can't combine them with the unlimited date coupons.

I got them from him, it was a $41 and a $153 but they expire at end of January and will only let me apply them to spot orders which right now is limited to the S9's  of which these both only will credit about $10 to the order - was hoping to use them on a T17, at least to use the 153 on a T17 and maybe the 41 on a S9 but that 10% of order thing just kills the coupons.

I'm in the US, but all except the R4 were sent to the Ice Mines of Hoth in the Great White North.  So no Trump tax for me!