Author

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 429. (Read 5352229 times)

sr. member
Activity: 419
Merit: 250
Since there seem to be a lot of n00bs here asking about luck and such...

Its worth pointing out bad luck has more of a psychological impact than good luck.

Imagine 3 blocks solved.

Scenario 1 - each block takes 100% of expected work.

Scenario 2 - first block takes 50% of expected luck (high luck), block 2 takes 100% expected work, block 3 takes 150% expected luck

If hash rate stays the same, both scenarios in total take the same amount of time.

But the 150% block seems worse because it's bad luck for a long amount of time (when hashrate is constant, amount of work = amount of time). While the 50% block seems good but not as good as the 150% block is bad, since its good luck but for a short amount of time.

Basically the good times are short and the bad times are long. You gotta think logically and not let emotions confuse you.

Focus on the long term luck stats. And don't shoot yourself in the foot by pool hopping. Just set it and forget it.

Assuming nothing has changed for the worse with the pool back end, kano (and before that kano + -ck... sorry to hear about the disagreements...) this pool is optimised and transparent to the point that it puts its members in the best possible situation to get lucky.
newbie
Activity: 84
Merit: 0
Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?

Yep, you have 8 to use, 1 per unit purchased.  You can also donate them if you wish to the email address of another Bitmain account holder.

EDIT: You cannot use any of these coupons to buy just a PSU...

grrr i got no coupons :/
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?

Yep, you have 8 to use, 1 per unit purchased.  You can also donate them if you wish to the email address of another Bitmain account holder.

EDIT: You cannot use any of these coupons to buy just a PSU...
jr. member
Activity: 196
Merit: 4
Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?


I have 35 $100 vouchers... can only use 1 voucher per miner...

So why would they tell me in their email that they sent one 100 USD coupon to me account, and then put on 8 but not allow me to use them at the same time.  Just a ploy to get more sales?
This was becuase of an L3 that i bought back in december, that was supposed to be batch 1 that they forgot to send to me.

Just tried a dummy order, and it is as you said, 1 coupon allowed.  Bummer, I would of bought an A3 since it would of been almost FREE! HAHA

member
Activity: 238
Merit: 11
Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?


I have 35 $100 vouchers... can only use 1 voucher per miner...
member
Activity: 238
Merit: 11

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

Statiscally, those events are independent, can't use them to forecast "future luck" ... but it's highly unlikely over time for our luck to be this low - so even though there's the expectation to approach 100% luck, there really isn't any certainty Smiley

Having said all that ... at 100% luck this pool earns more per TH than other pools...curse you, damned variance!
jr. member
Activity: 196
Merit: 4
Anyone ever receive Coupons from Bitmain?  They have mine listed with a Coupon ID, Info:  100 USD,  Total Count: 8  Consumed: 0    Sales Order: Yes   Repair-Fee Order: No   Valid: 2018-06-01

Does this mean I have  8 x 100 USD coupons to buy more of their shit?  or am I reading that wrong?
member
Activity: 658
Merit: 21
4 s9's 2 821's

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

yea i have jst been looking at the general block stats over the last year and monthly output jst seems to go down every month even when hash goes up. but it is true all statistical probabilities eventually work out so there should be better times ahead Cheesy

And why not RIGHT NOW!   CRACK THIS BLOCK!


MINE ON WITH KANO-SAN!
newbie
Activity: 84
Merit: 0

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!

yea i have jst been looking at the general block stats over the last year and monthly output jst seems to go down every month even when hash goes up. but it is true all statistical probabilities eventually work out so there should be better times ahead Cheesy
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
We REALLY got hit bad with two blocks around 900% in October.  Those really dropped our rate a lot.  I know it will come around - and the nice part is with the smaller hash rate (bigger payouts per Th we submit) - when it does come back, we will be doing the SUPER HAPPY DANCE!  Those stats will turn around very quickly!
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
Expected luck is 100% and if we hit that on every block all is good in the BTC world.  Better luck is less than 100% and worse luck is greater than 100%.  

Our block 509209 was super lucky at 7.588% while our block 491758 was super unlucky at 928.788% Cheesy

Some other pools represent luck in reverse for some reason Huh
I think I finally have the notices configured now but have a question about how to display luck.  Right now I am showing the diff % as the luck.  Does that make the most sense to everyone?  I have it setup so that the system sends out text alerts right away once it gets the block number and value.  Then when it gets the pool hash rate, it sends the email with a lot more details.  Right now I am estimating the pool hash rate based on the shares submitted.  Should be close to the BTC per Th for your miners but wont be perfect.  Anyway, let me know if I should change the luck percentage around...
newbie
Activity: 65
Merit: 0
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224


That's the ramp up...things are getting better for you!

Indeed they are. As expected. I have always been the instant gratification type. The ramp up was extremely difficult. Hell, waiting over 2 hours for a block on slush was difficult. But I know that if this paid less than slush, there would be 0 big miners here. So I had to temper my pool hoppiness and wait. I believe waiting will pay.
member
Activity: 658
Merit: 21
4 s9's 2 821's
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224


That's the ramp up...things are getting better for you!  Notice how you actually made more with the fees on the last block smaller.
newbie
Activity: 65
Merit: 0
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.

new miner here. 21 Th/s since Feb 9,  .01486477btc
each payout is larger than the last. First one was 0.00059088. Last one was 0.00626224
newbie
Activity: 84
Merit: 0
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com

jst seem that our luck hasnt been great as of late :/ sluch has better payout up to the point where the yearly amount is done.
newbie
Activity: 84
Merit: 0
I am confused as to how luck works in all of this....

Is 100% good?  Is lower % better?  Or is higher % better?

Is luck and Diff % relational?

I'm having a hard time understanding the luck part in all of this.  Red is bad, green is good...but luck varies..

Are we trying to be at 100% luck all the time?

https://imgur.com/a/515j6

Thanks!

i look at it like a job where u are paid 1000 buckaroos a week this salary was calculated for a 50 hour work week. sometimes yer lucky and only have to work 5 hours in a week ( 10% lucky ) sometime u suck and have to work 100 hours grrr (200% lucky though the luck is bad after 100% ) Cheesy

although the work week resets and u are paid when a block is found instead of time related.
full member
Activity: 350
Merit: 158
#takeminingback
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.

Thanks Kano!

https://www.minergain.com
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
minergain has that on his web site.
full member
Activity: 350
Merit: 158
#takeminingback
To help ease the mind of new members, could any senior members share the amount of coin they've earned, at the th/s that they had at the time of the earnings, near or over 6 months?
I think it may help some new members put earnings into perspective that way. Thanks in advance!!!
 

Totally different comparison though, with the pool size being different, as well as the difficulty (and block fees).

You mean to tell me, with the mathematicians in here, nobody can compare past to present? C'mon.
member
Activity: 658
Merit: 21
4 s9's 2 821's

Anyway, as the number of blocks increases, you get more useful data with the CDF[Erl] which is showing, in the top two tables, the probability of getting worse than that result.
There's also Luck% columns in the tables that show 50% luck as bad luck and 200% luck as good luck.


See, that's where some people get confused.  On the block percentage, the lower number is "better" or luckier, but on the CDF[Erl], it's the opposite.
Jump to: