Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 468. (Read 5352229 times)
February 13, 2018, 01:52:18 PM
Your abrasive tone does nothing but harm this pool you realize that right?
February 13, 2018, 01:46:09 PM
Looked last night/early this morning before it spiked back up.
Also it makes no difference whether hash is moved here incrementally or all at once. 14 days to get your full payout hash is a long long time when you have a bottom line you need to cover monthly.
Once again I said nothing about round difficulty...only ramp up time and the correlation to difficulty. I really find it comical that all you guys are telling me to study up on this. You going to defend this ramp up time until we find less than one block a month?
Also it makes no difference whether hash is moved here incrementally or all at once. 14 days to get your full payout hash is a long long time when you have a bottom line you need to cover monthly.
Once again I said nothing about round difficulty...only ramp up time and the correlation to difficulty. I really find it comical that all you guys are telling me to study up on this. You going to defend this ramp up time until we find less than one block a month?
If you need to cover monthly, then this may not be the pool for you. It's not going to change, just for you.
Good luck to you.
February 13, 2018, 01:44:15 PM
1) Maybe I'm missing something, but why couldn't you repoint them here in chunks?
2) How would a shorter ramp help since it's not likely for us to hit multiple back to back 500%+ blocks where you'd "lose" the ramp-up 5Nd shares. I'd assume "luck would have it" that we'd continue to approach 100% rather than go farther out in "right field".
Being that this is a forum--as has been pointed out recently--I'd love to hear some other thoughts on this logic.
i have been going by chunks precisely, was up to 280ish last week, having to hear daily complaints of missing daily returns. now, we're back down to 70ish on Kano...!
actually, your second point makes sense... food for thought and subject to discussion. to me, it seems a lot less stressful to have to whole lot run with Kano and figure out the returns once a month, rather following up on a daily basis....
February 13, 2018, 01:38:04 PM
Looked last night/early this morning before it spiked back up.
Also it makes no difference whether hash is moved here incrementally or all at once. 14 days to get your full payout hash is a long long time when you have a bottom line you need to cover monthly.
Once again I said nothing about round difficulty...only ramp up time and the correlation to difficulty. I really find it comical that all you guys are telling me to study up on this. You going to defend this ramp up time until we find less than one block a month?
Also it makes no difference whether hash is moved here incrementally or all at once. 14 days to get your full payout hash is a long long time when you have a bottom line you need to cover monthly.
Once again I said nothing about round difficulty...only ramp up time and the correlation to difficulty. I really find it comical that all you guys are telling me to study up on this. You going to defend this ramp up time until we find less than one block a month?
February 13, 2018, 01:37:47 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
I think you better study up on the built in difficulty curve with BTC (we are way past the middle of the curve). in fact, it's only going to rapidly increase every 13ish days. If you couldn't handle the 600% block, then ya might want to quickly sell your hash and day trade, because it's only going to get harder to find a block, not easier.
February 13, 2018, 01:32:27 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
When did you look, it's been 52Th for the last week or better, sure it varies as does any pool, but the home page is your friend, it will alway tell you and it's 52+
February 13, 2018, 01:29:31 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd.i agree with you from an economical point of view, but must also agree with Kano from an idiological perspective. if the ramp were shorter, like 3nd or even 1nd, i would move over 500 TH or more in a heartbeat. however, having a business to sustain and partners to justify the decision to, makes such a move quite difficult to defend.
2) How would a shorter ramp help since it's not likely for us to hit multiple back to back 500%+ blocks where you'd "lose" the ramp-up 5Nd shares. I'd assume "luck would have it" that we'd continue to approach 100% rather than go farther out in "right field".
Being that this is a forum--as has been pointed out recently--I'd love to hear some other thoughts on this logic.
February 13, 2018, 01:20:04 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd.i agree with you from an economical point of view, but must also agree with Kano from an idiological perspective. if the ramp were shorter, like 3nd or even 1nd, i would move over 500 TH or more in a heartbeat. however, having a business to sustain and partners to justify the decision to, makes such a move quite difficult to defend.
February 13, 2018, 01:17:35 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
But you're here. What incentivized you? I had no incentives other than a recommendation and my own research into the pool. I don't see the point in incentivizing someone more than the small pool fee and community willing to help and answer questions. The amount of complaining is somewhat turning me off from the forum, but not the pool. If you want to incentivize people, quit discouraging them. I'm not saying you specifically, but there are others.
If all the posts are bitchy twats complaining about the blocks, then nobody is going to want to mine here. That's my take, though I've been wrong before.
What incentivized me? I personally have had Kano’s help in the past with my pool when it came to malicious miners and I am forever grateful for that. Of all the pool owners he seems to be the most honest/trustworthy and genuinely cares about the overall health of the network. I can not stand merge mining/high fees or the withholding of transaction fees to its miners. That brought me here. Not one complaint about luck/blocks etc just this ramp up ramp down is absurdly long.
February 13, 2018, 01:16:43 PM
...nobody is going to want to mine here...
...except probably DPoS2...
Haha! It works everywhere.WWDPoS2D?
What would DPoS2 do?
February 13, 2018, 01:14:21 PM
...nobody is going to want to mine here...
...except probably DPoS2...
Haha! It works everywhere. February 13, 2018, 01:13:16 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd.i agree with you from an economical point of view, but must also agree with Kano from an idiological perspective. if the ramp were shorter, like 3nd or even 1nd, i would move over 500 TH or more in a heartbeat. however, having a business to sustain and partners to justify the decision to, makes such a move quite difficult to defend.
February 13, 2018, 01:09:07 PM
...except probably DPoS2...
An instant classic! This would be the perfect Grumpy Cat or Bad Luck Brian meme.Any takers?
February 13, 2018, 01:05:39 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
But you're here. What incentivized you? I had no incentives other than a recommendation and my own research into the pool. I don't see the point in incentivizing someone more than the small pool fee and community willing to help and answer questions. The amount of complaining is somewhat turning me off from the forum, but not the pool. If you want to incentivize people, quit discouraging them. I'm not saying you specifically, but there are others.
If all the posts are bitchy twats complaining about the blocks, then nobody is going to want to mine here. That's my take, though I've been wrong before.
February 13, 2018, 01:04:49 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
Think positive. You'll be fully-ramped up if this block takes over 500% like the last one! 
February 13, 2018, 12:59:51 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
I've got about 260th/s pointed here and I've been mining here for 2 years. When I joined the 5nd was like 36 hours and made way more sense than it does now. I would agree that 5nd could be shortened to 3nd or even a 1nd with our current hashrate. I think it would attract lot more new miners. Every time I have brought this up in the past it was shot down. Kano was against changing because it increases the variance and would be to the detriment of those who already reached the 5nd. February 13, 2018, 12:39:16 PM
Guys...not a noob here....my point is, pointed 50 terahashes at the pool when it was at 52ph, it is now in the mid 40s. Anyone with substantial hash has generators for backup as do I. The two week ramp up on major hash is killer as it takes away 25% of your earnings for the first month you mine. If one was to pull out of Kano they’d still get hash, I know that. It’s been that way for years. But what didn’t occur in years was only 1 block solve in half a months time. When you are not seeing the increase in hashrate and seeing an increase in round time, the only logical conclusion is to shorten ramp up/ramp down time. This does not incentivize anyone to point new hash here.
February 13, 2018, 12:23:24 PM
To all the newbies on here, I am one myself. I had all the same questions or concerns, but I will say I am here to stay for reasons beyond the obvious stated.
The ramp up: This concerned me because it felt "unfair" that my equipment wasn't getting the recognition.....until I understood how it worked AND why. I am no longer concerned.
Luck: This concept wasn't that hard to grasp once I realized that is indeed all that is factored into finding a block. Nobody bitches about not winning the lottery off their one or 10 tickets they bought (except probably DPoS2) when there are lottery pools with thousands of tickets.
If you want to "win" more, then join a large pool, if you want to increase your chances of "winning", but like bigger payouts, join a pool that averages your probability to suit your desires.
More terahash doesn't equal that many more blocks, just that many more lottery tickets. To complain about the cost of lottery tickets vs how many lottery tickets it takes for you to win is not the concern of the pool. I hear a lot of complaining about the cost of electricity and how it's not profitable to mine in this pool. It's not going to be profitable to mine any pool that consistently gets 600% bad luck blocks. That being said, there is no way that I know of to increase or decrease LUCK. You can only increase your probability by adding more terahash (buying more tickets). Other than that it is LUCK!
noun: luck
1.
success or failure apparently brought by chance rather than through one's own actions.
"it was just luck that the first kick went in"
synonyms: success, prosperity, good fortune, good luck
"I wish you luck"
antonyms: failure, misfortune
chance considered as a force that causes good or bad things to happen.
"luck was with me"
synonyms: fortune, fate, destiny, Lady Luck, lot, the stars, karma, kismet; More
fortuity, serendipity;
chance, accident, a twist of fate
"it is a matter of luck whether it hits or misses"
something regarded as bringing about or portending good or bad things.
"I don't like Friday—it's bad luck"
synonyms: good fortune, good luck; More
a fluke, a stroke of luck;
informala lucky break
"with luck you'll make it"
antonyms: bad luck, misfortune
verb informal
verb: luck; 3rd person present: lucks; past tense: lucked; past participle: lucked; gerund or present participle: lucking
1.
chance to find or acquire.
"he lucked into a disc-jockey job"
North American
achieve success or advantage by good luck.
"I lucked out and found a wonderful woman"
The pool size: When I started in December, the pool size was around 25PHs and has been going up. There have been instances of VERY good luck where we hit 4 blocks in 2 days!! I was happy.....though my miners were not fully ramped up as I was adding more. I wish I could have had my full hash rate, but I understand the ramp up and reducing variance. There are people here who have been mining for a long time and it is kind of bullshit for someone to pop in for a couple days and reep the rewards off terahash that was not theirs, but as a collective and putting in your commitment, you actually JOIN the pool instead of visit it.
If it weren't for the ramp up, there is a chance that I would have been bouncing around to different pools. I was encouraged to check out Kano's pool from a friend in AUS as I'm in the US. I am more than pleased with the responses from Kano and the support from "members". I'm here to stay and ride out the bad luck while celebrating the good luck. I'm also not trying to pay my bills with mining, I would like to pay for the equipment someday, in increments and put away bits of coin until this shit becomes more mainstream. Kind of like how everyone wishes they did from the beginning, well guess what, I still feel that this is the beginning and there is a long way to go.
I'm in for the future and I'm in for Kano. Thanks for the support from everyone and to the newbies, please take whatever approach to mining that better suits your needs so long as you actually understand what those are.
MINE ON!!!
The ramp up: This concerned me because it felt "unfair" that my equipment wasn't getting the recognition.....until I understood how it worked AND why. I am no longer concerned.
Luck: This concept wasn't that hard to grasp once I realized that is indeed all that is factored into finding a block. Nobody bitches about not winning the lottery off their one or 10 tickets they bought (except probably DPoS2) when there are lottery pools with thousands of tickets.
If you want to "win" more, then join a large pool, if you want to increase your chances of "winning", but like bigger payouts, join a pool that averages your probability to suit your desires.
More terahash doesn't equal that many more blocks, just that many more lottery tickets. To complain about the cost of lottery tickets vs how many lottery tickets it takes for you to win is not the concern of the pool. I hear a lot of complaining about the cost of electricity and how it's not profitable to mine in this pool. It's not going to be profitable to mine any pool that consistently gets 600% bad luck blocks. That being said, there is no way that I know of to increase or decrease LUCK. You can only increase your probability by adding more terahash (buying more tickets). Other than that it is LUCK!
noun: luck
1.
success or failure apparently brought by chance rather than through one's own actions.
"it was just luck that the first kick went in"
synonyms: success, prosperity, good fortune, good luck
"I wish you luck"
antonyms: failure, misfortune
chance considered as a force that causes good or bad things to happen.
"luck was with me"
synonyms: fortune, fate, destiny, Lady Luck, lot, the stars, karma, kismet; More
fortuity, serendipity;
chance, accident, a twist of fate
"it is a matter of luck whether it hits or misses"
something regarded as bringing about or portending good or bad things.
"I don't like Friday—it's bad luck"
synonyms: good fortune, good luck; More
a fluke, a stroke of luck;
informala lucky break
"with luck you'll make it"
antonyms: bad luck, misfortune
verb informal
verb: luck; 3rd person present: lucks; past tense: lucked; past participle: lucked; gerund or present participle: lucking
1.
chance to find or acquire.
"he lucked into a disc-jockey job"
North American
achieve success or advantage by good luck.
"I lucked out and found a wonderful woman"
The pool size: When I started in December, the pool size was around 25PHs and has been going up. There have been instances of VERY good luck where we hit 4 blocks in 2 days!! I was happy.....though my miners were not fully ramped up as I was adding more. I wish I could have had my full hash rate, but I understand the ramp up and reducing variance. There are people here who have been mining for a long time and it is kind of bullshit for someone to pop in for a couple days and reep the rewards off terahash that was not theirs, but as a collective and putting in your commitment, you actually JOIN the pool instead of visit it.
If it weren't for the ramp up, there is a chance that I would have been bouncing around to different pools. I was encouraged to check out Kano's pool from a friend in AUS as I'm in the US. I am more than pleased with the responses from Kano and the support from "members". I'm here to stay and ride out the bad luck while celebrating the good luck. I'm also not trying to pay my bills with mining, I would like to pay for the equipment someday, in increments and put away bits of coin until this shit becomes more mainstream. Kind of like how everyone wishes they did from the beginning, well guess what, I still feel that this is the beginning and there is a long way to go.
I'm in for the future and I'm in for Kano. Thanks for the support from everyone and to the newbies, please take whatever approach to mining that better suits your needs so long as you actually understand what those are.
MINE ON!!!
February 13, 2018, 12:01:49 PM
You guys are acting like I am trying to steer people away from this pool when I am doing the opposite. I am merely making suggestions. The same people that complain that this pool may become too small to maintain relevance don’t want to hear varying opinions from their own. I don’t fail to see anything, long term miners, that don’t intend to ramp down ever, don’t have any benefit to this long ramp up time as it is 25% of your btc earned in the first month lost. If you want to gain new miners you have to try new things to maintain relevance. Speaking from experience.
The "ramp down" effect can be very important even for those of us who never plan to leave. As you know, sh-t happens, such as power outages, and that is when "ramp down" really helps. Say your gear goes down for 6 hours and we hit a block, you'll still get paid (almost your full amount because 5 hours offline doesn't hurt your avg hash rate that much over the 5ND). If you mine on PPS pool and your gear goes down, then you get paid nothing if they hit a block when your down. Very important difference.Mine on, my friend
February 13, 2018, 11:49:12 AM
You guys are acting like I am trying to steer people away from this pool when I am doing the opposite. I am merely making suggestions. The same people that complain that this pool may become too small to maintain relevance don’t want to hear varying opinions from their own. I don’t fail to see anything, long term miners, that don’t intend to ramp down ever, don’t have any benefit to this long ramp up time as it is 25% of your btc earned in the first month lost. If you want to gain new miners you have to try new things to maintain relevance. Speaking from experience.
The more hash that joins, the less the ramp up time is. Pretty obvious what the scenario for you is here.
And the hash rate hasn’t gone up. So no benefit.
Yes it has, pool has doubled.
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