KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 370.

minergain.com

member

Activity: 285

Merit: 10

Free mining equipment tracking and reporting

Quote from: Experimenter on March 22, 2018, 02:59:43 PM

Yes, you're right. I wasn't precise enough, and this is an important point.
It's the rewarded shares that are spread over the 5Nd, and that affects the payouts whenever a block is found.

Thanks for the clarification!

I am a newbie (6 months) but have believed this for a long time (about 2 months). nobody has ever told me I am right on it before. I hope that we both are right now! Thanks much and have a great upcoming weekend!

Experimenter

jr. member

Activity: 76

Merit: 2

Quote from: minergain.com on March 22, 2018, 11:55:14 AM

Quote from: Experimenter on March 22, 2018, 10:55:34 AM

As I understand, a 10TH/s miner working only 12 hours per day will give you the same profit as a 5TH/s miner working 24/7. There may be some variance, indeed, but that's expected even with the two identical miners working the same amount of time.
In my understanding, the 5Nd somewhat "spreads" your payouts, thus allowing for more or less equal payments even at times when your miner is off - nothing less, nothing more.

As long as your miner is capable to pay for itself (the electricity costs), it is generally a good idea to leave it mining. At the same time, it is not necessary to keep your miner working when electricity costs are higher than the miner will bring back to you.

I believe you are right about the end profit in your first sentence. I am not sure your payout spread statement is 100% accurate though. As I understand the 5nd ramp, it is actually the shares your miner produces that are distributed over the 5nd (5 times the current difficulty), not your payouts. It does end up with a similar net effect on payouts as what you stated assuming they come at an even pace. So if you are 5% ramped for a block we find, you will get 5% of what you normally would have received. If you are 75% for the next block, you receive 75%. Once you are ramped up, you get 100% of course. Then if you leave, your ramp starts declining. If we find a block when you are at 50%, you will get half the payment. You continue to receive payments on blocks we find until all of your miner shares have expired.

Yes, you're right. I wasn't precise enough, and this is an important point.
It's the rewarded shares that are spread over the 5Nd, and that affects the payouts whenever a block is found.

Thanks for the clarification!

samsilver

newbie

Activity: 15

Merit: 0

Help Kano!

My shares on Kano Account are showing 0 since Mar‑22 13:13:31, why would that be?

VRobb

hero member

Activity: 1610

Merit: 538

I'm in BTC XTC

Pool size and luck are independent.

minergain.com

member

Activity: 285

Merit: 10

Free mining equipment tracking and reporting

Quote from: AerialGopher on March 22, 2018, 01:59:49 PM

You can see this in the stats, the pool grew in the last 1.5 - 2 months, and the percentage of luck has gone UP. This is also true in the past for Kano Pool as well as others.

Yes, it seems like a larger pool is luckier since hard blocks get moved through quicker - and it does offer more options for easier ones afterwards. In October, we were over 200Ph at one point and had two 800%+ blocks which was brutal no matter what the size. So as Kano always says, luck is luck and pretty hard to predict it.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

1 hour block going on here on the network, let's crack it!

MINE ON WITH KANO-SAN!

shadowelite

newbie

Activity: 97

Merit: 0

Yes i would be happy to point my l3+ to kano ltc pool lol

Quote from: ricknamer on March 22, 2018, 12:59:11 PM

Quote from: wavelengthsf on March 22, 2018, 12:53:41 PM

Quote from: Pecker on March 22, 2018, 12:08:37 PM

I guess I don't receive the coupons? Are they from Bitmain? How much are they knocking off and what is price for new S9 with power supply?

How can I get my hands on a few of he coupons? Is it a 1 per customer type coupon?

Thanks!

The coupons they announced today will be issued on April 1, according to the email. Its for people who bought a T9, S9, or L3 recently.

I have too many coupons - I don't even want anything there aside from some more L3s.

Kano - can you start an LTC pool?

AerialGopher

jr. member

Activity: 196

Merit: 4

Quote from: Par Avion on March 22, 2018, 01:48:30 PM

Quote from: AerialGopher on March 22, 2018, 01:20:51 PM

I HATE MYSELF!!!!!

I did the math, and I would have made about .05096272008 BTC MORE here than at that other place that starts with the same letter as Snake!

With 6 S9's here, would have been .0085 per day, and at the Snake place was .00637655 per day ( Real numbers ) Feb 25 to Mar 21

Please forgive me.. I doubted the system. I just couldn't handle the long February. Sad

Its over now!

One good month and one bad month =?

Do the math my friend! If it always is expected to be 100% than the math difference in earnings should be roughly 1.1%(fee diff) over time, with consistency in favor of the other guys.

Not one month, This calculation is for one month. I have been here for a while. noticed this before as well. Just Feb was pretty bad, and I got cold feet.

See the reality of it is the expected rate is 100% yes, I will agree, but over how long? The sample has to be big enough.

The pool is growing, so the likelihood of finding a block with the hash rate at the time the block was found is higher in a " Moment sample" where as the calculated percent is actually different then the " Instant" percentage at that instant the block was found. You can see this in the stats, the pool grew in the last 1.5 - 2 months, and the percentage of luck has gone UP. This is also true in the past for Kano Pool as well as others. When the pool stopped growing, luck started to fall off, Yes, I understand that the overall hash rate of the BTC network was going up, nut if you look at the luck and when blocks are found, you will see that when pool growing, the Luck is better. See the many blocks that are well below 100%?
If you expected the luck to be 100 %, then when more has rate was added, and luck stayed 100%, that means it really actually took longer to find that block becuase you spent more time on it.

minergain.com

member

Activity: 285

Merit: 10

Free mining equipment tracking and reporting

Quote from: NomadGroup on March 22, 2018, 01:18:08 PM

I’m sure we all made around the same amount as you back when BTC was almost 20k and the difficulty was lower but we are talking about what a guy can make with his 50 s9’s in this pool now and not what he could have made back in December, no? Easier just to give him the Kano calculator so he can check for himself: http://tradebtc.net/bitcalc.php

I probably should not bother responding, but I am anyway.... There is absolutely ZERO chance to forecast what someone will make from mining in the coming weeks / months / years for any pool. That is due to luck, the price / acceptance of bitcoin, world economic conditions, announcements such as Elon Musk requiring payment for vehicles in BTC, etc, etc. All we are trying to do is give an analysis of past performance of varying pools to try to offer guidance and help to come up with a decision of where to mine. Even the Kano calculator is using assumptions and guesses. There are a lot of business opportunities that are better than mining, and a lot that are worse. To me, mining is a gamble (and very likely a future investment as well). So wherever you choose to (my choice being Kano) - Mine On!

Par Avion

jr. member

Activity: 99

Merit: 4

Quote from: AerialGopher on March 22, 2018, 01:20:51 PM

I HATE MYSELF!!!!!

I did the math, and I would have made about .05096272008 BTC MORE here than at that other place that starts with the same letter as Snake!

With 6 S9's here, would have been .0085 per day, and at the Snake place was .00637655 per day ( Real numbers ) Feb 25 to Mar 21

Please forgive me.. I doubted the system. I just couldn't handle the long February. Sad

Its over now!

One good month and one bad month =?

Do the math my friend! If it always is expected to be 100% than the math difference in earnings should be roughly 1.1%(fee diff) over time, with consistency in favor of the other guys.

gaud

newbie

Activity: 84

Merit: 0

Quote from: DaTongue on March 22, 2018, 01:01:35 PM

Quote from: BSGMiner on March 22, 2018, 07:25:17 AM

Welcome aboard! Rest assured that this pool is for newbies and experienced miners alike. Plus, you'll make more BTC here than elsewhere. As soon as we get our next block, you'll get your first reward as you ramp up towards 100% of your miner's capacity over the past 500% of the Network Difficulty.

Check out the kano.is > Help > Payouts section of the website.

Simply put, when you see your miner's advertised hashrate in the "Your N Avg" column of the website's Rewards section on the webpage, you'll know you're fully ramped up to full payments. However, you never lose anything during the ramp up. It's just delayed to reduce variance.

Quote from: nazzer on March 22, 2018, 07:37:36 AM

Step 1: Login
Step 2: Check top right - Hash Rate is not 0
Step 3: Account -> Settings -> set your BTC payout address
Step 4: BTCBTCBTC

Thanks both of you for your reactivity to answer me :-)
This makes sense now, a bit more... It's not like the other pools I tried where you see your gain in real time, so it can be "strange" for mining newbiez :-)

So I guess it will be difficult to obtain a accurate profitability per day. It will depend of the users effort?

yes strange but if yer here for the long term all luck moves to 100% and here has lowest fees and best community so here is best.

hey minus the nicehash attack month is this a new all time ph record for pool ?

NomadGroup

sr. member

Activity: 508

Merit: 250

Quote from: ricknamer on March 22, 2018, 12:59:11 PM

Quote from: wavelengthsf on March 22, 2018, 12:53:41 PM

Quote from: Pecker on March 22, 2018, 12:08:37 PM

I guess I don't receive the coupons? Are they from Bitmain? How much are they knocking off and what is price for new S9 with power supply?

How can I get my hands on a few of he coupons? Is it a 1 per customer type coupon?

Thanks!

The coupons they announced today will be issued on April 1, according to the email. Its for people who bought a T9, S9, or L3 recently.

I have too many coupons - I don't even want anything there aside from some more L3s.

Kano - can you start an LTC pool?

Kano don’t mess with no Altcoins my friend, I’ve already asked him.

AerialGopher

jr. member

Activity: 196

Merit: 4

I HATE MYSELF!!!!!

I did the math, and I would have made about .05096272008 BTC MORE here than at that other place that starts with the same letter as Snake!

With 6 S9's here, would have been .0085 per day, and at the Snake place was .00637655 per day ( Real numbers ) Feb 25 to Mar 21

Please forgive me.. I doubted the system. I just couldn't handle the long February. Sad

Its over now!

NomadGroup

sr. member

Activity: 508

Merit: 250

Quote from: minergain.com on March 21, 2018, 12:55:33 PM

Quote from: NomadGroup on March 21, 2018, 12:24:26 PM

Quote from: minergain.com on March 21, 2018, 07:56:52 AM

Quote from: Rnmack on March 21, 2018, 07:01:06 AM

Im awaiting a shipment of 50 S9's. This doesnt meet your requirement to participate in the giveaway, so why should I choose this pool for my 50 miner farm?

Probably the biggest reason is the 0.9% fee versus 2 or more of most other pools. If your alternative is slushpool, you can look at the stats on the home page of minergain.com and see that for a year, kano provides an average of 0.00032379 BTC per Th / Day versus 0.00029488 (after pool fees). If I have my math right, with 50 S9's running at 13.5Th/s, that is 79.77+BTC versus 72.65+BTC so more than 7 BTC additional with Kano. Obviously this is historical, so this WILL be different for the next 365 days but gives you an idea. Unfortunately I am not tracking other pools yet but probably similar. So you can consider going to Kano the potential of a 7BTC bonus - and since random is random, it could be a fair bit higher since you would take a bigger percentage of the rewards in a 80Ph pool versus a 2.85Eh.

You definitely got something wrong there buddy. If we were getting average of 0.00032379 per th/day then just one s9 would be making us more around $1180 per month! Which isn’t true, since one s9 can make you only around $250-$300 max per month.

This is over the 12 months which obviously the difficulty was much less 12 months ago with a lot higher BTC rewards back then (and lower dollars since it was under $3k). Using the spot price of BTC when the reward was earned, I made $1189 in December and am already at $338 this month. As I mentioned, that is the past which has no bearing on the future. I have not had anyone do a detailed review of my numbers and math. If you are interested in confirming both, I am happy to share the details. If you look at the past week CDT of 0.00015486 and quarterly of 0.00012451, the difficulty change has made an obvious net earnings change since it is less than half of the yearly per day average.

I’m sure we all made around the same amount as you back when BTC was almost 20k and the difficulty was lower but we are talking about what a guy can make with his 50 s9’s in this pool now and not what he could have made back in December, no? Easier just to give him the Kano calculator so he can check for himself: http://tradebtc.net/bitcalc.php

BSGMiner

member

Activity: 490

Merit: 16

1xA921 + 1xA741 + Backup-->1xA6 ;)

Quote from: DaTongue on March 22, 2018, 01:01:35 PM

Thanks both of you for your reactivity to answer me :-)
This makes sense now, a bit more... It's not like the other pools I tried where you see your gain in real time, so it can be "strange" for mining newbiez :-)

So I guess it will be difficult to obtain a accurate profitability per day. It will depend of the users effort?

Minergain.com does a good comparison using a calculation called CDT (Coins per Day per THs). Just multiply this by your miner's advertized hashrate to help you estimate that.

DaTongue

newbie

Activity: 12

Merit: 0

Quote from: BSGMiner on March 22, 2018, 07:25:17 AM

Welcome aboard! Rest assured that this pool is for newbies and experienced miners alike. Plus, you'll make more BTC here than elsewhere. As soon as we get our next block, you'll get your first reward as you ramp up towards 100% of your miner's capacity over the past 500% of the Network Difficulty.

Check out the kano.is > Help > Payouts section of the website.

Simply put, when you see your miner's advertised hashrate in the "Your N Avg" column of the website's Rewards section on the webpage, you'll know you're fully ramped up to full payments. However, you never lose anything during the ramp up. It's just delayed to reduce variance.

Quote from: nazzer on March 22, 2018, 07:37:36 AM

Step 1: Login
Step 2: Check top right - Hash Rate is not 0
Step 3: Account -> Settings -> set your BTC payout address
Step 4: BTCBTCBTC

Thanks both of you for your reactivity to answer me :-)
This makes sense now, a bit more... It's not like the other pools I tried where you see your gain in real time, so it can be "strange" for mining newbiez :-)

So I guess it will be difficult to obtain a accurate profitability per day. It will depend of the users effort?

ricknamer

jr. member

Activity: 126

Merit: 1

Quote from: wavelengthsf on March 22, 2018, 12:53:41 PM

Quote from: Pecker on March 22, 2018, 12:08:37 PM

I guess I don't receive the coupons? Are they from Bitmain? How much are they knocking off and what is price for new S9 with power supply?

How can I get my hands on a few of he coupons? Is it a 1 per customer type coupon?

Thanks!

The coupons they announced today will be issued on April 1, according to the email. Its for people who bought a T9, S9, or L3 recently.

I have too many coupons - I don't even want anything there aside from some more L3s.

Kano - can you start an LTC pool?

wavelengthsf

full member

Activity: 658

Merit: 118

Quote from: Pecker on March 22, 2018, 12:08:37 PM

I guess I don't receive the coupons? Are they from Bitmain? How much are they knocking off and what is price for new S9 with power supply?

How can I get my hands on a few of he coupons? Is it a 1 per customer type coupon?

Thanks!

The coupons they announced today will be issued on April 1, according to the email. Its for people who bought a T9, S9, or L3 recently.

firetreeactual

legendary

Activity: 952

Merit: 1003

Quote from: Yrth on March 22, 2018, 11:46:43 AM

Quote from: heartlandmining on March 22, 2018, 09:52:36 AM

And even more coupons spewing out today. Someone is trying to clear out their inventory for sure.

They are doing the same thing they have done in the past. When a competitor comes out with a rival product, they pull things like this to maintain their market share. Though I don't remember them being quite this aggressive with the coupons before.

How many will buy an Avalon or risk money on an as of yet vaporware Dragonmint miner, when you can get an antminer for almost half the price?

Short answer: A whole bunch of us would buy an Avalon over anything else. Costs are already coming down, and the Canaan gear is much more reliable. I've run extensively using BiteMe, Avalon, and some others over the years, and at this point won't take on anything but Canaan gear. I'm replacing my S7s in Labrador with A8s as I'm able.

Mine on.

gaud

newbie

Activity: 84

Merit: 0

Quote from: ccgllc on March 22, 2018, 12:21:30 PM

Quote from: heartlandmining on March 22, 2018, 09:52:36 AM

And even more coupons spewing out today. Someone is trying to clear out their inventory for sure.

Think its more like "Lets try and retain some customers"...

na asic boost out by mid year new chips by end year they want to sell u there garbage at full prices b4 they get stuck with it

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