Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 465. (Read 5352527 times)

Further, and I just looked and slushs luck is really no different from ours right now.  Both are unlucky by approx the same percentage on the short term... I didn't look at the longer timeframe.

I'm just a small fish in the wading pool, trying to graduate to the shark tank

Not long after the white paper, I was a linux newbie and built and installed the software for bitcoin and began running it on my cpu. I actually hit a block. I thought that was amusing, but worthless and promptly deleted the software and wallet from my tiny drive so I could keep playing with things that interested me more. I wish I still had those 50 coins.

Bitcoin hit 8000. I decided to try it again.  I purchased a couple of gekko 2pacs and started running them. (I still am).  I found slush, and enjoyed watching my 0.00000012 btc per day accumulate. I purchased some ancient hardware and added it. (2 S4's) Enough to give me a payout and on good days break even. I added an S7 which does the same thing. At times of good luck I make a tiny profit. With bad luck I dont.  That is fine. I consider it to be tuition, and tuition is never free. Right now, It seems that S9's are at the limit of profitability for the same reasons; ie: rising difficulty. I am holding off on buying anything more until I see something that has the potential to improve the odds of profitability. The exception to that is I am purchasing some of sidehacks pod miners to fill a sipolar usb hub, and help support his efforts.

Moving to kano was difficult. I had read about how great it was, but had become addicted to hitting 20 blocks a day. And even if my payout from each block was pitifully small, I could watch it grow as I checked on it 30 times a day.  I finally made the move to kano, hit a block the next day and was depressed by the incredibly small payout. I had to then figure out just what the payout plan was, and why it was so low. I moved back to slush and began reading this forum. After finishing the first and last 100 pages, I decided I had my answer and moved back. Just in time for the +500% block. Ouch. Still, I see the big players have not wavered from running their gear here, so it adds confidence.
I am now at a little over 30% ramp up. Ouch again. But it is improving minute by minute. (A note of what the red line indicates on the shift graph page would be so helpful)

All in all, I am glad to be mining here. I just wish that stupid red line would hurry up and get to the top.
 

Easy to find: https://slushpool.com/stats/blocks/?c=btc
32986   2018-02-14 14:36   08:04:59   2.351 Eh/s   2874674234415   18.10 %   509115   12.80191632 BTC   52

18.10% luck block at Slushpool, roughly 550% difficulty block.
8 hours, meaning 6.5hrs of hash "wasted" based on their scoring.

Dunno why people don't complain more about Slush ...

Edit: I guess you're talking about their 571% Lucky block that took 15 minutes ... only takes off 1.5 hrs or so off their unlucky streak

Edit2: BLOCK BY COBRA! MINE ON!

How much hash are you putting out?

Thanks Cobra - and miner 192.168.3.8

Not sure where you are looking, but Slush reports block % favorable.  E.g. if they find a block in less than network difficulty, they count that as positive luck.  So the 550% block, took them 15 mins, not 8hrs (not sure where this number is coming from I looked back through their block history and I couldn't find an 8 hour block anywhere in that last few days/week).

However, with that said, they are also on the unlucky side by over 20%.  In fact all of their numbers show this.  10 blocks, 50 blocks and 250 blocks.  But what's worse is that their hash has doubled as well and their number of miners has gone from 47000 just a month ago to almost 97000.  Can you imagine how tiny those payout are now.  Both *bad* luck and a doubling in the number of users and hash rates.

I moved from Slush, did all the number comparisons, etc and I think I'll just happily stay here thank you very much.

another block! thank you cobramining!  

Block by the cobra!

Can nobody answer this question?? The luck % column looks like garbage. is this just one long run of bad luck for this pool? Are we so small that bad luck lasts for the last 250 blocks?

Of course! Whenever we see all time highs like that, a flood of new people enter, which is great. However, some of those new users have spent $6k+ on a used S9 on eBay, didn't do much research about how this all works, and then get mad when the pool doesn't act like a hacked ATM spitting money everywhere.

If you're here long term, sit back, plan out how you'll strategically add hashrate to keep competitive, scope out spaces for expansion, all that good stuff.

The journey from a USB stick miner to dozens hosted in multiple data centers around the world is definitely a fun ride, but like everything you have to be thoughtful and plan well.

Why not. For only 300$ usd, you can create a nice electric bill.

I TOTALLY agree but you have to admit that the magic internet money last month was pretty addictive.
I'm definitely going through some withdrawal right now.

Mine on!!

Well you know those BRAND SPANKING NEW V9's - totally not refurbished S7's running at a lower hash but consuming just as much wattage as an S9 - are still available!  Get them while they're hot not sold out still some (suckers) left.

If you guys need daily/weekly payouts and 100% luck to keep your mining operations running, this isn't the pool for you. The extra 1.1% you'll pay at the next best option should balance out the variance risk of a smaller pool.

When we hit blocks the payout is way bigger, but that doesn't help if your mining budget can't absorb bad months without a block.

I understand mining is a new hobby for thousands of people, but those people need to understand that it's not "plug in your miner and the magic internet money comes", its a global race every few minutes.

Wouldn't it be cool if this forum was integrated as a part of https://kano.is/ and it automatically showed the total hashrate and current ramp speed of each poster along with other relevant stats?  It would be easy to see who the posters really are.

Don't be so hard on them; someone told them that BTC was climbing exponentially at the end of 2017 so they jumped into the mining "game" and instantly became bitcoin geniuses.  They can see we are on the wrong pool and doing it all wrong.  We should be thanking them for gracing us with their insightful knowledge and helping us to realize that having our own preferences caused our downfall.  I don't know how I ever reached my breakeven point over a year and a half ago without them!

It seems apparent from their success that they know something you dont.

It's hard to believe the big miners stick around. The top 5 miners are burning through a staggering 61,000 kWh per day for zero reward lmao

believe me or not there is something wrong with this pool, point your miners some where else before its too late  

You are wasting our hashrate and burning your electricity for someone else >>> Think and get burned

Yeah and they found another block an hour later. All balances out. I'm really enjoying the daily payouts from Slushpool