Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 457. (Read 5352527 times)

What he said.   MINE ON WITH KANO-SAN!   Heard some rumors that a big boy or two will be moving back here in the next few weeks. 

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So far we're thrashing our hashrate on kano.is >> Kano is making BTC from our hashrate and we are waiting for blocks to crack 

Hitting blocks is a necessity, but not to be viewed as the sole component governing a successful mining operation.  BTC price, difficulty, power costs, and even the international political climate are all significant components to the bottom line.  Some of these are predictable - even "calculatable" - until they're not.

Currently 12 blocks in the next 30 days would put us over 100% luck as we should come in around 10.5 blocks in that time frame. Obviously the # of blocks expected changes as the hash rate changes so the numbers here are irrelevant as soon as I type them. With that said, we will get what we get. 12 to 15 blocks would not surprise me nor would 8.

There will be variance no matter where you mine. We have no control over that and guessing is just that, guessing.

I think we all need to look at all the reasons to mine. Most are mining to make money. We should also mine to support the network and keep it healthy. The large mining pools provide a somewhat consistent payout but take a bigger piece of the pie than t he smaller pools like Kano. The large pools do not help keep the hashing power distributed and the network secure. We need miners distributed across the network more evenly to support the network. This Bitcoin world is managed by miner decisions and with the recent influx we have a whole lot of people who do not understand that. My hope is that the mining world would smarten up a bit and that we do not self destruct.

Any miner that wants to continue mining into the future should be mining on a pool that has less than 10% of the network hash. At least it would be a good start.

Mine on.

Luck. Think long term.

just a quick poll folks ...

how many of you think we will hit at least 12 blocks a month, in the medium term?

I'd be curious to do a survey of our pool's members on your guesses?

Stay tuned and/or check back as I will be running all the numbers for my recent rewards, and I'll provide my findings here since there were some things I have learned during the ramp up, pool changing size, etc. that I would like to share.

I have no desire or need to search your "old account".

I invited you to respond because I made an assumption based on what you post AND your name to which you only pointed to your "old account" and still have not commented on whether or not you CURRENTLY mine. So did I get the name or assumptions wrong?

I may be a douche, but at least this place will be smelling fresher once the stench is flushed out.

PAAAAAAAARTY!
PARTY
PARTY
PARTY
PARTY
PARTY

It's *Friday* (ok, at least in the US it is)... isn't there supposed to be some kind of party going on?

Someone told me to come here for a party!!!!  

What he said.  MINE ON WITH KANO-SAN! BTC BTC BTC BTC BTC BTC BTC BTC

Yep, your ramp down was quicker as the pool hash rate grew.  It works both ways. 

One thing is for sure...hopping into and out of a 5Nd pool like that is a sure fire way to not get a full reward.

So before I post any images, I've been working on just some small graphics to advertise our pool we are all dedicated to. Kano, do you want me to get with you privately before open posting these since it is your name involved? If you are good with it being posted openly I will post them for people to scope out and bash me for. (I don't do graphic design....I'm a nerd but not that kind of nerd)

It's apparent that you have issues, in the multiple interpretations of the phrase.

Why not post your rewards table and your shifts so as to figure out the crux of your woes?  If you have some misunderstanding about how rewards are computed or even a bad board, wouldn't you want to know before enduring the same on another pool?

So that rifleman74 doesn't have to say it - if you don't actually want to take the time to understand the mathematical constructs the pool is built upon, then maybe this pool isn't for you.

Here's the problem that I see what what you said.

3wks = 21 days.  Your mush have/had a single S9 as you say 13.5 Th/s is what you are expecting.

Lots of the S9's are having a problem where they drop one hash board - I don't know what the issues is, but if that was the issue, that would account for the 9Th you referenced.  If not, then  there has to be some other issue, but if you were really on the pool 24/7 for 3wks, there is no reason that you wouldn't have been 100% ramped up.

I jumped into this pool on 1/18, in 15 days I was fully ramped, it grew in pool size since then so the ramp timeframe shortened.   I added another 15Th/s to it on the 24th and that took 13 days to ramp.

I saw my first payout on the 600% block and my payout was based upon 100% of what I had on the pool, I saw my second payout 4 days later (maybe it was 5) it was also based upon 100% of what I had on the pool.  And my 3rd payout was a day later also based upon 100% of what I had on the pool.

The only way any of us can armchair quarterback what happened is for you to tell us when you joined the pool, with how much hash, were you on it 7/24 from the start, for what length of time and then provide the listing of your payouts.  From that we might be able to offer some suggestions.

Beyond that to just jump in and offer all the negativism, isn't very productive either for you or us.  There are a lot of really bright people here who know how this system works.  It may not be what you want to hear, but it will be based in some experience.

Post your reward table...it always paints the true picture.

I'm not going to argue, but of course you obviously were not fully ramped. I say this because by your own admission you were ramping down. Had you stayed and been fully ramped you wouldn't see those numbers you are upset by.

I can only go on what my results have been, and they are right where they should be, when they should have been. So no issues with the pool for me. Sorry you didn't have the same experience but just because for whatever reason you had a bad experience or ran into some issues with your miner, doesn't mean every small miner (like me) needs to run for the hills. Not sure what your issue was but instead of trying to sound an alarm, why not reach out to Kano and figure out what the issue was. That seems like the most logical choice to me.

Also you have to remember that if the pool hashrate jumps up a bit, then the ramp down will be quicker. If you ramped up say at 25 PH/s pool hashrate and ramped down at 50 Ph/s hashrate then you would definitely have two completely different timelines there.

Jeez, Binance got 2 rewards from Kano website which are "0.00033964", "0.00039784" lol. My "so-called 5Nd" was ramping down from 9th, and was at 8.6 when they blocks were found. Each were registered at 1.55THs, 1.37THs. So, it took 3 weeks to get to 9Th, (not full 13.5!) but about a week to get down to nothing from there.

I'm sorry guys, the fact that nobody could calculate a simple reward calculation that a miner would get threw a red flag and people were just shut and up and mine and sh*t lol. And now that I see the results, it's either the system is broke or it's a pool that aims to benefit few big miners!

I really hope this doesn't get deleted, small time miners should know about the reality before they jump.

And one last time, don't tell me "if you were fully ramped" shit when you reply to this.

Maybe we'll crack this 60m block ...

Edit: guess not...next one, definitely