What we all need to remember is
a) the 10BTC incentive does *NOT* come from miners share, it's a separate, funded by separate means, set of funds
b) it doesn't *NOT* penalize the small guys any more than their small hashrate does
c) BUT WHAT IT DOES DO is get us back to the diff curve and hopefully ahead of it.
d) it will have a dilutive effect on your payments, but only because of the relationship of your shares to the pool shares
e) it will shorten the *5Nd* ramp time for everyone
f) and most important if *should* have the effect of causing more blocks to be found in the equivalent amount of time.
d) is really the only thing that might be of issue with some, but f) should more than make up for that.
Just my .05,
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 444. (Read 5352229 times)
February 21, 2018, 02:32:42 PM
February 21, 2018, 02:32:38 PM
Mate the only point that you make is that you are an imbecile. Nothing you are saying is new to us "old heads" we knew about it years before you even had an inkling of it in your head. We knew, we consider and we plan our mining around our knowledge, anything you say is just bad gas. I am one of the few have put up with the rubbish spewing from your fingers but its just boring now, so from no on it'll just be when someone who doesn't know better quotes you that I'll have to put up with it.
The number of miners makes no difference, its just about the size of the pool. Its nothing to do with the pool per-se, its to do with the people mining at the pool, and their ability to increase their hash rate to keep the pool and their income viable. Its better to have less miners with more hash power than more miners with less hash power.
If people want to have a consistent income from mining they have to keep buying hardware to keep up with the difficulty, its the same since day 1 of mining and will always be the same.
If anything the difficulty to keep up is to do with the slow down in technology innovation around mining and the greed and control of a single primary supplier. In the past hardware has got faster, more efficient and cheaper, this has changed recently, that and the increase in value of bitcoin and the subsequent "gold rush" mentality of new miners means its tougher and tougher to maintain that steady growth.
People getting into it now are only just realising what we "old heads" knew 18 months ago. You can't do this at home anymore, you have to have your gear colo'ed somewhere with cheap and abundant power. Problem is that there is no room at the inn for most of the hosting companies.
100% Agree (especially the 1st paragraph!!).
I've been meaning to post something very similar to this is what I think almost every time I read most of the new posts.
Mine On!!
Old heads.. haha my old account is from 2011 jackoff.. and looks like Kano is doing the gambling promo that I suggested yet he scoffed at me anyway... but not for small miners of course. But glad he is doing something. Good to try to grab hash from other pools.. I believe the better move is a temporary shortened ramp up time since as pointed out by many, long ramp up times only benefit current big miners since the diff almost always goes up thus your ramp down period isn't equal to your ramp up. But 'old farts' will complain it isn't fair even as the pool evaporates and they do nothing to bring people in
February 21, 2018, 02:26:18 PM
I’m looking for a block. Has anybody seen one?
February 21, 2018, 01:50:53 PM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Add up all of the "little guys" hash and and contribution to finding a block and reconsider how valuable they actually are. I don't mean this in a disrespectful way at all, I'm just saying to make it seem like it is an unfair treatment, add up the total investment and compare it to other's investment. This isn't saying the little guys don't add value, I'm saying to compare apples to apples.
I was envisioning a small bonus to smaller miners by those who were willing to chip in, but the more I think about that, the more I see how that could potentially hurt the pool and attract too many new miners still complaining about the payouts and to be honest, the small miners are not really the goal. Bottom line, there shouldn't be much complaining about payments unless the pool was shrinking or losing hash. I like Kano's idea more and more to get the big miners here and see where that goes. Anyone who can't seem to help themselves from complaining has no obligation to stick around and I really don't understand the point in trying to convince others that the system doesn't work. Why not just go peacefully?
Anyways, I've said it before, this is my new home. I'm not leaving unless I quit mining all together for whatever reason. Otherwise, this is my home and I don't take kindly to vermin trash talkin' my home. Life aint' fair nor is lady luck.
I hope my post was not taken in the wrong light I fully understand why the pool would benefit from some larger whales pointing some hashrate here in the long run its good for us all more blocks = more pay, + more hashrate helps the pool stay competitive. Already seen the hashrate rise a touch so that is a good sign. + I know its out kano's pocket which dose show how much he cares about pushing the pool up the ladder.
Come On Block...
No, it wasn't. I just added more to my general response. I understand where you were coming from. My own takeaway has evolved as well.
MINE ON!!!!!!!!!!!!!!!!!!!!
February 21, 2018, 01:42:24 PM
Yep remember, Kano-san is talking about adding EXISTING HASH to the pool, not brand new hash. Take some from over there and put it over here...that helps all of us.
February 21, 2018, 01:15:32 PM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Add up all of the "little guys" hash and and contribution to finding a block and reconsider how valuable they actually are. I don't mean this in a disrespectful way at all, I'm just saying to make it seem like it is an unfair treatment, add up the total investment and compare it to other's investment. This isn't saying the little guys don't add value, I'm saying to compare apples to apples.
I was envisioning a small bonus to smaller miners by those who were willing to chip in, but the more I think about that, the more I see how that could potentially hurt the pool and attract too many new miners still complaining about the payouts and to be honest, the small miners are not really the goal. Bottom line, there shouldn't be much complaining about payments unless the pool was shrinking or losing hash. I like Kano's idea more and more to get the big miners here and see where that goes. Anyone who can't seem to help themselves from complaining has no obligation to stick around and I really don't understand the point in trying to convince others that the system doesn't work. Why not just go peacefully?
Anyways, I've said it before, this is my new home. I'm not leaving unless I quit mining all together for whatever reason. Otherwise, this is my home and I don't take kindly to vermin trash talkin' my home. Life aint' fair nor is lady luck.
I hope my post was not taken in the wrong light I fully understand why the pool would benefit from some larger whales pointing some hashrate here in the long run its good for us all more blocks = more pay, + more hashrate helps the pool stay competitive. Already seen the hashrate rise a touch so that is a good sign. + I know its out kano's pocket which dose show how much he cares about pushing the pool up the ladder.
Come On Block...
February 21, 2018, 01:00:23 PM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Add up all of the "little guys" hash and and contribution to finding a block and reconsider how valuable they actually are. I don't mean this in a disrespectful way at all, I'm just saying to make it seem like it is an unfair treatment, add up the total investment and compare it to other's investment. This isn't saying the little guys don't add value, I'm saying to compare apples to apples.
I was envisioning a small bonus to smaller miners by those who were willing to chip in, but the more I think about that, the more I see how that could potentially hurt the pool and attract too many new miners still complaining about the payouts and to be honest, the small miners are not really the goal. Bottom line, there shouldn't be much complaining about payments unless the pool was shrinking or losing hash. I like Kano's idea more and more to get the big miners here and see where that goes. Anyone who can't seem to help themselves from complaining has no obligation to stick around and I really don't understand the point in trying to convince others that the system doesn't work. Why not just go peacefully?
Anyways, I've said it before, this is my new home. I'm not leaving unless I quit mining all together for whatever reason. Otherwise, this is my home and I don't take kindly to vermin trash talkin' my home. Life aint' fair nor is lady luck.
February 21, 2018, 12:19:22 PM
ah, didn’t know that was a thing lol. Fixed, thank you!
February 21, 2018, 12:10:37 PM
The Newbie PM block is a default setting that just appeared out of nowhere recently so most folks didn't know about it. 
It's under Personal Message Options.
It's under Personal Message Options.
February 21, 2018, 11:38:27 AM
So I don't post here much, but this has been my go to pool for about almost 3 yrs now. I love it and definitely plan on sticking here long-term, but would like to see some more hash rate here. We're working on getting about 100 more machines online in a couple of months, still working on it!
This might not be appropriate, but want to see the pool keep up which is why I'm posting this here first. Basically we have been working in upstate NY on some build out projects and currently share a space with some local miners and pull about 5 mW.
We are looking to expand our space for another 1000 machines, but are coming up a bit short on funding for the wiring and transformers we will need to put in and all that. Our partner charges $125 a machine to host currently. So we are basically looking for a couple of people that would be willing to pay the monthly fee like 3 months in advance, at some discount for helping us with the funding, to help us close the gap and make this happen. Ideally 1-2 people that could do at least 500 machines.
Been trying to convince some people in our area to allocate some to Kano-warehouse we are in draws about 50 mW so there are some big miners here, so far no luck but will keep trying. Think it would be easier to convince if the pool were larger. And for what it's worth we link to kano on our website too. If you're interested drop me a line for details!
This might not be appropriate, but want to see the pool keep up which is why I'm posting this here first. Basically we have been working in upstate NY on some build out projects and currently share a space with some local miners and pull about 5 mW.
We are looking to expand our space for another 1000 machines, but are coming up a bit short on funding for the wiring and transformers we will need to put in and all that. Our partner charges $125 a machine to host currently. So we are basically looking for a couple of people that would be willing to pay the monthly fee like 3 months in advance, at some discount for helping us with the funding, to help us close the gap and make this happen. Ideally 1-2 people that could do at least 500 machines.
Been trying to convince some people in our area to allocate some to Kano-warehouse we are in draws about 50 mW so there are some big miners here, so far no luck but will keep trying. Think it would be easier to convince if the pool were larger. And for what it's worth we link to kano on our website too. If you're interested drop me a line for details!
Bro, I can't pm you because I'm listed as newbie and you have newbies blocked from pm.
February 21, 2018, 11:26:44 AM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Just no
I have said it once and I will say it again. We need a face palm emoji.
And BTW, the bonus come from Kano's pocket directly and has nothing to do with the PPLNS that provide everyone their rewards.
So he can pretty much do what the fuck he wants with it.
February 21, 2018, 11:25:03 AM
A wall of whining
I'm here because I want a PPLNS pool and I don't give a shit about your PPS preference, i really fucking don't
so GTFO
Thanks,
Appreciated
February 21, 2018, 11:24:52 AM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Just no
I have said it once and I will say it again. We need a face palm emoji.
February 21, 2018, 11:23:07 AM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
https://bitcointalksearch.org/topic/m.30720839
February 21, 2018, 11:21:36 AM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Just no
February 21, 2018, 11:02:42 AM
What about the small miners?
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
Bonus for the larger miners again but no incentive for the smaller miners.
Block bonus should be available to anyone finding a block as you said yourself we are already outside the DIFF curve would seem unfair to pay larger miners extra 1BTC if they find a block yet the smaller miners get nothing for block find bonus??
I understand the attraction this would bring to larger farms but what about the little guys.. We getting squished even more?
There is no difference between me running lower hashrate and finding a block and someone running 9.5ph we are all in this for the same reason, and to reward one and not the other seems unfair?
Bonus structure coiuld be worked out much better way and it would have more reach in the community.. Just my 2 cents but seems little unfair.
February 21, 2018, 10:16:04 AM
Even on ignore phyllonomath is too annoying. He doesn't mine here, so what he says is unimportant and we don't hear him. That's what the ignore button is for.
For the rest, keep calm and mine on!
For the rest, keep calm and mine on!
February 21, 2018, 10:11:02 AM
So I don't post here much, but this has been my go to pool for about almost 3 yrs now. I love it and definitely plan on sticking here long-term, but would like to see some more hash rate here. We're working on getting about 100 more machines online in a couple of months, still working on it!
This might not be appropriate, but want to see the pool keep up which is why I'm posting this here first. Basically we have been working in upstate NY on some build out projects and currently share a space with some local miners and pull about 5 mW.
We are looking to expand our space for another 1000 machines, but are coming up a bit short on funding for the wiring and transformers we will need to put in and all that. Our partner charges $125 a machine to host currently. So we are basically looking for a couple of people that would be willing to pay the monthly fee like 3 months in advance, at some discount for helping us with the funding, to help us close the gap and make this happen. Ideally 1-2 people that could do at least 500 machines.
Been trying to convince some people in our area to allocate some to Kano-warehouse we are in draws about 50 mW so there are some big miners here, so far no luck but will keep trying. Think it would be easier to convince if the pool were larger. And for what it's worth we link to kano on our website too. If you're interested drop me a line for details!
Maybe the 10/3 BTC giveaway might convince some of them? This might not be appropriate, but want to see the pool keep up which is why I'm posting this here first. Basically we have been working in upstate NY on some build out projects and currently share a space with some local miners and pull about 5 mW.
We are looking to expand our space for another 1000 machines, but are coming up a bit short on funding for the wiring and transformers we will need to put in and all that. Our partner charges $125 a machine to host currently. So we are basically looking for a couple of people that would be willing to pay the monthly fee like 3 months in advance, at some discount for helping us with the funding, to help us close the gap and make this happen. Ideally 1-2 people that could do at least 500 machines.
Been trying to convince some people in our area to allocate some to Kano-warehouse we are in draws about 50 mW so there are some big miners here, so far no luck but will keep trying. Think it would be easier to convince if the pool were larger. And for what it's worth we link to kano on our website too. If you're interested drop me a line for details!
See the top of the first post.
I think we need to be about at least about 150 PHs to make the pool visible to large miners - but when someone can point 10PHs at the pool and expect an extra 2 BTC in a month - 10PHs should earn about 25BTC over the next month and should expect to find 2 blocks, so they'd make at least an extra 4% assuming 100% luck - of course they could get an extra 3 BTC if a little lucky
That is a great idea to do something, but it seems that as of now you only have 1 miner on the pool that is more than 10 PHs, might be hard to get 10 people to point their equipment to this pool in that amount. Why not try getting folks who can point at least 100 + THs and give them a smaller reward than a whole bitcoin for finding a block. it appears as of now there are less than 70 users who have more than 100 THs on this pool.
As of right now, it seems as though if we lost the top 10 miners on this pool we would lose 1/2 the power. As a business owner if I were reliant on 2% of my clients to stay in business that is a recipe for disaster. I would rather have 1000 miners hashing 100 THs each join than 10 miners hashing 10 PHs.
February 21, 2018, 10:08:21 AM
So ... in an attempt to get some large miners on board
I'll post this here now and then work out how to get the attention of said larger miners ...
10 BTC giveaway to LARGE miners
Anyone with NON-RENTAL hash rate - i.e. their own miners, who shows on the rewards page a "Your N Avg" of exactly 9.5PH/s or more -
yes a large miner - for any block that they find, will get a bonus 1 BTC block finder reward for up to a maximum of 3 blocks per miner.
Total BTC I'll be giving out will be 10 BTC i.e. a total of ten 1 BTC block finder rewards.
The bonus 1 BTC block finder reward will not be taken from the block reward to miners - i.e. no miners will be getting paid less due to the block finder reward.
So how can a large miner get this 1, 2 or 3 BTC bonus reward?
They have to ramp up to over 9.5PHs then find a block.
Are there any quick ways to ramp up to 9.5PHs?
Yep - if you have 20PHs then you'll ramp up to 9.5PHs in less than 2.5Nd i.e. twice as fast.
Of course if you have more than that, the ramp to 9.5PHs will be faster again.
Does this affect the ramp time?
Yes, adding more hash rate to the pool reduces the time of the 5Nd ramp.
e.g. at the moment assuming we were 50PH/s then adding another 10PH/s to the pool would reduce the ramp time by 20%
If you know anyone on any bitmain pools or slush (which is probably now a bitmain pool also) with over 10PH then tell them about it
... and cryptostarusa can't get it
I'll post this here now and then work out how to get the attention of said larger miners ...
10 BTC giveaway to LARGE miners
Anyone with NON-RENTAL hash rate - i.e. their own miners, who shows on the rewards page a "Your N Avg" of exactly 9.5PH/s or more -
yes a large miner - for any block that they find, will get a bonus 1 BTC block finder reward for up to a maximum of 3 blocks per miner.
Total BTC I'll be giving out will be 10 BTC i.e. a total of ten 1 BTC block finder rewards.
The bonus 1 BTC block finder reward will not be taken from the block reward to miners - i.e. no miners will be getting paid less due to the block finder reward.
So how can a large miner get this 1, 2 or 3 BTC bonus reward?
They have to ramp up to over 9.5PHs then find a block.
Are there any quick ways to ramp up to 9.5PHs?
Yep - if you have 20PHs then you'll ramp up to 9.5PHs in less than 2.5Nd i.e. twice as fast.
Of course if you have more than that, the ramp to 9.5PHs will be faster again.
Does this affect the ramp time?
Yes, adding more hash rate to the pool reduces the time of the 5Nd ramp.
e.g. at the moment assuming we were 50PH/s then adding another 10PH/s to the pool would reduce the ramp time by 20%
If you know anyone on any bitmain pools or slush (which is probably now a bitmain pool also) with over 10PH then tell them about it
... and cryptostarusa can't get it
Just bumping this amazing promotion so everyone who does not catch up on reading the pages they missed can see it.
February 21, 2018, 09:57:02 AM
The problem is the payout system...PPLNS is far too risky for any serious pro-miner...regardless of size.
There is a very good reason why BTC is by far the largest pool in the world...
One must acknowledge that their PPS payment plays a significant role in that success.
PPLNS has become ridiculously unfair. ramp up heavily favours large miners and severely punishes small ones.
It will continue to become even more unfair and riskier as the diff rises.
PPLNS is also VERY punitive to miners who cannot risk allocating there hash rate full time and mine intermittently to help reduce Variance.
I tried to support this pool many times for many months only to incur a HUGE loss in revenue.
I suggest considering changing the pools payout system to a proportional payout system.
In 5 years there will only be ONE pool..if bigger was not better there would not be any pools.
There is a very good reason why BTC is by far the largest pool in the world...
One must acknowledge that their PPS payment plays a significant role in that success.
PPLNS has become ridiculously unfair. ramp up heavily favours large miners and severely punishes small ones.
It will continue to become even more unfair and riskier as the diff rises.
PPLNS is also VERY punitive to miners who cannot risk allocating there hash rate full time and mine intermittently to help reduce Variance.
I tried to support this pool many times for many months only to incur a HUGE loss in revenue.
I suggest considering changing the pools payout system to a proportional payout system.
In 5 years there will only be ONE pool..if bigger was not better there would not be any pools.
Not mining here anymore and almost at the end of my ramping down in my mining adventure in this pool (with very negative economical balance, BTW). But I think and I share my thinking:
Wouldn't be wonderful that the pool would let you choose the reward system? At least PPS or PPLNS (maybe other exotic ones also just for fun). Sure some will feel more confortable choosing their own paying method according with the commitment to the pool or their mining strategy.
This would help me, when the Hashrate issue with the pool has been resolved, to consider to start mining here again for a while... and maybe, who knows , is not just me the only one thinking like this... Just speculating, I am very speculative guy...
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