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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 470. (Read 5352229 times)

newbie
Activity: 57
Merit: 0
It takes around 14 days to ramp up. The red line is an average of 24 days. I don't know why Kano just doesn't add a days to ramp up/down somewhere in the worker info. Should not be too hard to do? And would kill so many queries.

Anyone else feel this ramp up time is a little excessive now? I mean, 7 straight days mining here I feel you should be fully ramped up, not 12.5TH out of 42TH.
member
Activity: 140
Merit: 18
Anyone else feel this ramp up time is a little excessive now? I mean, 7 straight days mining here I feel you should be fully ramped up, not 12.5TH out of 42TH.

How did you determine the 12.5?  It's *NOT* the red line on the shift graph, that is your average hashrate over the entire graph which is like 20 some odd days.

if you have mined for 7 and we are at 45+Ph, then you are probably about 60%, maybe a smidge more, or probably closer to 25Th if we found a block today.

And I doubt you'll get many takers, because ramp isn't about just getting to 100% of your hashrate in payout, its all about reducing variance.  Plus I think people forget, you get it all on the backside if you decide to leave - again depending on where we are on the block shares,  to find a block,  to difficulty.
sr. member
Activity: 461
Merit: 306
Anyone else feel this ramp up time is a little excessive now? I mean, 7 straight days mining here I feel you should be fully ramped up, not 12.5TH out of 42TH.
newbie
Activity: 57
Merit: 0
It's a forum.

forum
ˈfɔːrəm
noun
1. a meeting or medium where ideas and views on a particular issue can be exchanged.
"we hope these pages act as a forum for debate"

For a second there I thought I had stumbled onto the wrong area.  If you people are so happy at other pools, why are you hanging out on this forum?
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
For a second there I thought I had stumbled onto the wrong area.  If you people are so happy at other pools, why are you hanging out on this forum?
newbie
Activity: 10
Merit: 0
Antpoo isn't well liked here  Grin  I haven't had any problems with them, besides when they do go off line every now and than, payouts are consistent daily that's the best part. Some say they rip you off or don't pay a fair share, I rather have small payouts than no payouts at all,  so I'm a happy miner Smiley
newbie
Activity: 30
Merit: 0
Doesn't that mean more fees? I can set Slush theshold to as low as 0.001 BTC - that's around 24 hours of mining with an S9.

no big secret ... at antpool.  i actually prefer Slush better in terms of return slightly, but the payout threshold at slush is higher.  at the current state of security for online wallets, i prefer to withdraw daily, which antpool offers.

yes, if you set slush to lower threshold it charges extra fees.  Antpool you can go to 0.002 .. without any additional fees.
newbie
Activity: 57
Merit: 0
Doesn't that mean more fees? I can set Slush theshold to as low as 0.001 BTC - that's around 24 hours of mining with an S9.

no big secret ... at antpool.  i actually prefer Slush better in terms of return slightly, but the payout threshold at slush is higher.  at the current state of security for online wallets, i prefer to withdraw daily, which antpool offers.
newbie
Activity: 30
Merit: 0
no big secret ... at antpool.  i actually prefer Slush better in terms of return slightly, but the payout threshold at slush is higher.  at the current state of security for online wallets, i prefer to withdraw daily, which antpool offers.
newbie
Activity: 10
Merit: 0
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?

more important than where is why

I understand why. What I am attempting to find out is where. I understand why 100%.

Looks like BTC.com. It’s pretty much the largest pool out there. You can literally sit there starring at your dashboard all day and watch your BTC payout go up every minute. That’s where I first started mining. I didn’t know anything about any other pools. I setup my miner and by the time I opened my dashboard to check my hashrate. I had already got paid some BTC. I was shocked. I think this is why people have a hard time with waiting between blocks. If they are coming from BTC or a similar pool that pays every couple mins then it makes you feel like that’s how it’s suppose to work. You go through these withdraws from not seeing your BTC payout go up once a minute. Patients is the key here because it pays off in the end. Now  I am more knowledgeable about how payouts work and what pools are more about helping BTC grow as a currency instead of greed. I have moved on and am here now. This is where I’ll be staying. I want to help BTC grow as much as I want to get paid.

indeed .... ive mined at Slush, Antpool, Bitcoin.com, viaBTC, nicehash .... and I do get a kick seeing the ticker go up consistently over time.  It was even satisfying when BTC was in the 15000+ range & prior to the difficulty jump.  (i only wish I had joined kano last year instead when kano was on a rampage)

Currently, i've directed most of my hashrate to kano (54TH at kano, 27TH elsewhere to pay the bills) .... I like the crowd here, got a few thrashes at the beginning when asking about what 5nd was ... but thats all good for learning.

I'm still on the fence tho - as i joined at a really bad time, when we had the 600% block.  I'm hopeful that this pool is the one I'm going to stay.  But i'll be fully comforted when ive personally experienced this pool hitting consistently > 6-8 blocks per month.  This is the line where its beneficial for me to be here.... or go back to slush for a lower daily payout.

(54TH at kano, 27TH elsewhere to pay the bills)  Care to enlighten us where this elsewhere is ?
legendary
Activity: 2506
Merit: 1714
Electrical engineer. Mining since 2014.
newbie
Activity: 57
Merit: 0
NOOBS: I think a good analogy to a mining pool is a lotto syndicate. More players (miners) paying (hashing) for more lines (block cracking attempts) increase your odds of winning (cracking a block), but if you do, you need to split it more ways. Only problem is, the lotto keeps adding more balls....requiring miners to have more as well (or at least assume a more metallic consistency Wink
newbie
Activity: 30
Merit: 0
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?

more important than where is why

I understand why. What I am attempting to find out is where. I understand why 100%.

Looks like BTC.com. It’s pretty much the largest pool out there. You can literally sit there starring at your dashboard all day and watch your BTC payout go up every minute. That’s where I first started mining. I didn’t know anything about any other pools. I setup my miner and by the time I opened my dashboard to check my hashrate. I had already got paid some BTC. I was shocked. I think this is why people have a hard time with waiting between blocks. If they are coming from BTC or a similar pool that pays every couple mins then it makes you feel like that’s how it’s suppose to work. You go through these withdraws from not seeing your BTC payout go up once a minute. Patients is the key here because it pays off in the end. Now  I am more knowledgeable about how payouts work and what pools are more about helping BTC grow as a currency instead of greed. I have moved on and am here now. This is where I’ll be staying. I want to help BTC grow as much as I want to get paid.

indeed .... ive mined at Slush, Antpool, Bitcoin.com, viaBTC, nicehash .... and I do get a kick seeing the ticker go up consistently over time.  It was even satisfying when BTC was in the 15000+ range & prior to the difficulty jump.  (i only wish I had joined kano last year instead when kano was on a rampage)

Currently, i've directed most of my hashrate to kano (54TH at kano, 27TH elsewhere to pay the bills) .... I like the crowd here, got a few thrashes at the beginning when asking about what 5nd was ... but thats all good for learning.

I'm still on the fence tho - as i joined at a really bad time, when we had the 600% block.  I'm hopeful that this pool is the one I'm going to stay.  But i'll be fully comforted when ive personally experienced this pool hitting consistently > 6-8 blocks per month.  This is the line where its beneficial for me to be here.... or go back to slush for a lower daily payout.
member
Activity: 266
Merit: 13
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?

more important than where is why

I understand why. What I am attempting to find out is where. I understand why 100%.

Looks like BTC.com. It’s pretty much the largest pool out there. You can literally sit there starring at your dashboard all day and watch your BTC payout go up every minute. That’s where I first started mining. I didn’t know anything about any other pools. I setup my miner and by the time I opened my dashboard to check my hashrate. I had already got paid some BTC. I was shocked. I think this is why people have a hard time with waiting between blocks. If they are coming from BTC or a similar pool that pays every couple mins then it makes you feel like that’s how it’s suppose to work. You go through these withdraws from not seeing your BTC payout go up once a minute. Patients is the key here because it pays off in the end. Now  I am more knowledgeable about how payouts work and what pools are more about helping BTC grow as a currency instead of greed. I have moved on and am here now. This is where I’ll be staying. I want to help BTC grow as much as I want to get paid.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
... even out ...
yup....
Pool size has nothing to do with Luck.  It has to do with how many shares are submitted before a block is found.
Must be that time of the week for DPoS2 to post Smiley

One thing completely wrong about his post is that luck isn't expected to even out
It is expected to approach 100% from whatever side it is currently on.

Having a bad block doesn't make lots of good block come around to fix the bad block.

Case in point, we just had an ~600% blocks and we've already passed 111% on this one.

Large (enough) sample stats are all you can expect to give you a good idea of expected results.

Kano,

At some point, does the much larger network hash rate make the statistics not hold up?  I have my junky miners mining on a couple of lottery tickets, but realistically, they will never return anything.   It would seem that once a contributor gets too small, relative to the total network hash, then the frequency of the pool hitting a block is going to dwindle.
Size doesn't affect luck.
You can't get too small to find a block.

Size affects expected time to find a block and thus variance.

Once a pool gets below 'expected' finding multiple blocks every diff change, then difficulty has a direct effect on all your payouts and thus pool fees become irrelevant when diff changes are worse than the pool fee %
newbie
Activity: 78
Merit: 0
... even out ...
yup....
Pool size has nothing to do with Luck.  It has to do with how many shares are submitted before a block is found.
Must be that time of the week for DPoS2 to post Smiley

One thing completely wrong about his post is that luck isn't expected to even out
It is expected to approach 100% from whatever side it is currently on.

Having a bad block doesn't make lots of good block come around to fix the bad block.

Case in point, we just had an ~600% blocks and we've already passed 111% on this one.

Large (enough) sample stats are all you can expect to give you a good idea of expected results.

Kano,

At some point, does the much larger network hash rate make the statistics not hold up?  I have my junky miners mining on a couple of lottery tickets, but realistically, they will never return anything.   It would seem that once a contributor gets too small, relative to the total network hash, then the frequency of the pool hitting a block is going to dwindle.
member
Activity: 126
Merit: 10
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?

more important than where is why

I understand why. What I am attempting to find out is where. I understand why 100%.
jr. member
Activity: 33
Merit: 2
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?

more important than where is why
member
Activity: 126
Merit: 10
Here is what really interests me. Where are these people leaving to mine at? Obviously, they know so much about statistics and luck... Where are they going?
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
For all you new miners to kano, pay no attention to DufusPOS2. What he says is unimportant, and we do not hear him (via the ignore button).   Cheesy Besides, we all know what POS stands for, right?  Roll Eyes
For the rest of us, Mine on as always!  Cool
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