mining here is a no brainier.
only thing is you need to be patient with the ramp up
after that you will enjoy great rewards
I see people talking about this ramp up, and once again a question from me
What about this ramp up? How long does it take to get fully ramped up.. and when its up, i do get better payout?
I cant ask for much, iam at 23th/s only, but will be adding more soon =)
You will get your full pay based your your shares but it will be spread out and not all at once. You don't lose anything.
My take on a post from Kano a long while back:
The 5Nd "ramp" means it takes that long to reward your shares. It's not a punishment and the ramp isn't missing rewards, it's delaying them to reduce variance. Each share is rewarded in all the blocks found in the 5Nd after the share. That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.
How do the PPLNS payouts work?
The 5Nd "ramp" means the pool rewards 5 times the expected number of shares each time a block is found. So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.
So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.
On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.
On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block. It goes on and on like that until all of the value of the shares you summitted are paid in full.
That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.
This is a simplistic view of the 5Nd payout model because the it is also affected by luck. If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be more than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.
The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day. You would continue to be rewarded if the pool hits a block while you were down. I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit.
The pool hash rate for the last day is roughly 117.77PHs which means the 5Nd 'ramp' is roughly 7days 10hrs right now.This ramp time gets shorter as our hash rate goes up or it gets longer if our hash rate goes down.
