Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 447. (Read 5352229 times)

Poor cryptostarusa will be sad

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

And this is EXACTLY what it's about! Taking back from the corporate monsters, who subliminally slip their pool into everything.
When I made my signature back in December, that's what I was promoting for: Help the smaller pools, and the community they
represent. If, and when, you hear back from Minergain, please let me know. I too, would like to contribute towards marketing
Kano's pool. For now, I'm going to post the sh*t out of your banners on the groups I'm in on social media.

I will say for not being a graphic designer, these are actually pretty damn good and better than I could come up with, as far as that goes.

First one is hard to read IMO, rest are fine.

So for example, this is off the top of my head, but if some of the larger players (or anyone for that matter) was willing to VOLUNTARILY pay a VERY SLIGHTLY extra fee percentage (say roughly .01% or whatever) to be redistributed (god, I hate the way that sounds) to the smaller miners --OR-- an even smaller percentage that could go to a random lucky miner under and over a certain terahash or time frame commitment , it may be interesting enough for others to stick around to hit that second lottery. This would be a completely voluntary program to those who wished to donate back to the pool community.

I for one would be on board. Just an idea......though I don't have any cool graphics to back it up.  

My idea would be to target the millions of workers on Antpool that just aren't taking the time to realize there are other options. So many people I'm sure, just leave their rigs on Antpool because it's bitmain. Bitmain pushes the pool on their site, so I don't see why we couldn't take out some ad space somewhere. I'll chip in on the first run at Minergain if he's open to posting it. But imagine if a graphic were posted on some of these difficulty sites where people track it, or on the bitcoin news sites, any exposure is better than none IF and only if your goal is to bring more people in. Get people talking.

Minergain let me know what some ad space would run on your page and we'll work something out. Again, I know this isn't the fix for what some would argue isn't even broken. I'm happy here at Kano or else I wouldn't be here like many of you. I enjoy the community, even though we argue, we don't see eye to eye, and everyone has their own opinion. But what I can suggest is, if I'm helping a newb anywhere on Bitcointalk in some other random thread and have a signature banner etc. pointing them to Kano, where I mine, they may just ask about it. They might finally google PPLNS and realize there are other options. Who knows, but it's worth a shot. I'm simply trying to bring ideas to life. Someone here said we needed graphics.

I also have no qualms with the site, which is why two of the graphics have a strikingly similar color style to them from the kano site. *tip of the hat* It won't look weird if they saw the graphic color scheme first, it would all tie together.

This is a great start! I've been promoting for a couple of weeks, and everything helps. Great work!

I don't hate them, but I don't see the point. I understand that SOME are attracted by these, but those type of miners aren't the ones planning to stick around because of the "cool design". If you've read the posts and I'm sure you have, a lot of miners are looking for the frequent payouts and that is something you can't control even with more hash, unless you had a significant amount of hash power, you may be able to sway some more chances (still luck). I also understand this is what you're hoping to accomplish with a different design, but I'm used to the Kano site and I have no problems with it.

I do think it wouldn't be such a bad idea to have something like this to work in conjunction with Kano such as minergain, ckpool status, etc. I just personally don't feel like it would make the slightest difference in keeping people in the pool. Not to mention the smaller payouts if we were to say double the hash rate. I'll admit I'm cynical about the idea, but I feel it's for good reason. Just my opinion, nice graphics though.

EDIT: I would like to clarify that I am for more hash power, but I also understand that it is not a direct correlation to increases our block count. I don't want to "hate" on these ideas and discourage anyone. I'm just waiting for an approach that makes the most sense and I believe Kano would know best on how to achieve that. On that note, If Kano has any suggestions that may help, it would be great to share.

Lots of good points, and counterpoints, since my post this morning. I still think it would be helpful for everyone if we recruited
more miners. Though it's starting to seem like the big players here, are much more concerned with keeping smaller players
on the bench. Regardless of people buying better equipment, why not add more people? Is it better to keep people out, and
get a better payout between less people, OR, add more people, and capture more hash power to find blocks quicker, and increase
the frequency of payouts?

Agreed!

Alright everyone...

If you've got hate in your heart...let it out.

I am by no means a graphic designer but we've all been saying we need to do SOMETHING to spread the word. I've come up with a few graphics and as of now I'm just wanting input or if you can do it better then by all means, please do it better. I just wanted to do something because my measly hashrate is not doing anything apparently I haven't discovered a single block.

So please give me your thoughts and let's think of ways to spread the word. If someone can let me know the specific sizes these images need to be I don't mind creating banners, signatures, whatever you need to spread the Kano word.

Without further ado...I will be adding images one by one and editing the post to see which ones actually post and which you have to follow the link for.

Yep, while the short-term swings are nice (and bad), it's all about what BTC will be 2-4 years from now.  We're still at the beginning stages.

in the crypto space, you cannot be short-term results oriented, otherwise the swings will destroy you.

you need to answer one fundamental question to yourself and that is: why did i get into crypto, or specifically bitcoin, in the first place? for me, once i managed to answer the question for myself, i was able to make a commitment in investing a substantial amount of time and money. the actual amount is not a finite figure but relative to my means.

i'm turning my back to a quite lucrative estate business to be in this space, because i'm just too tired and fed-up of the current world and climate, and all the bs that this business represents.

the current price of bitcoin is a distraction. weather it surges or plummets 80% tomorrow, my reaction should be pretty much the same, and it actually is. why is that? because i am reminded by my version of the answer to the question. do i want to be involved in bitcoin for the immediate dollar gain and feel like an investment genius, or for the potential role it may play in our lives 5, 10 years from now, or even more?

that is the only justified speculation... i.e. the off-chance that bitcoin (or some form of crypto) may actually save us in the end...... how it gets there, is irrelevant.

This never gets old... Ha!

We will enjoy it......except for DPoS2

How's BTC.com?

Yep, this is a bravo mining in the making. 

I don't mine of any of the larger pools I do not think they play by the rules and I do fear they short change miners out of there earnings.
I myself mined for 2 years solo.. yes 2 years. without a single block to be found.

I now mine here at kano I have very low power only 2.5th online with a further 2.5 awaiting to come online next few days.

I know that cpu was no longer viable dew to demand on cpu and difficulty and no pools accept GPU or CPU anymore so technically they are obsolete in the BTC game..

Satoshi told us in his whitepaper that an attacker on the chain would find it more profitable to play by the rules..  But my understanding of this would be that would be find on one chain.. But we have two chains now so any attempt to "attack" bitcoin for personal gain would now benefit the attacker as they can mine a separate chain and still earn.

he also stated

We consider the scenario of an attacker trying to generate an alternate chain faster than the honest
chain.  

"Block height. BCH is currently ahead by 8143 blocks."
https://fork.lol/blocks/height

The race between the honest chain and an attacker chain can be characterized as a Binomial
Random Walk.  The success event is the honest chain being extended by one block, increasing its
lead by +1, and the failure event is the attacker's chain being extended by one block, reducing the
gap by -1.
The probability of an attacker catching up from a given deficit is analogous to a Gambler's
Ruin problem.

The above statement is true if both chains are of the same specification.

But this did not take into factor a new chain with "emergency" DIFF adjustment being used to create a longer chain?

If I am mistaken correct me on this.

He also stated in the whitepaper
The probability drops exponentially as the number of blocks the
attacker has to catch up with increases.   With the odds against him, if he doesn't make a lucky
lunge forward early on, his chances become vanishingly small as he falls further behind.

Now... what better way to get a foothold than to pump the Bitcoin DIFF so while on the other hand having a much lower DIFF on 2nd chain and being ahead of BTC chain by a fair bit..

Anybody can participate, even with GPU, but don't expect to get rich. The fairness isn't the making a profit part, it's participating in the system. I think you have the whole idea wrong. Miners weren't "kicked" from bitcoin.

All you have attested to is even more reason why you should support a smaller pool if you believe in BTC. The more people panic and jump to slushpool, BTC, antpool or whatever, the more they are encouraging what you fear. The market is controlling the outcome. Bitcoin is still in it's infancy when you think about the potential it has.