Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 478. (Read 5352229 times)

Lower fees don't make any noticeable difference ... being 0 fee from 19-Nov to 31-Dec didn't do much.

Block reward just increases variance and attracting tiny miners wont help - the pool has to at least pay for itself

The hash rate rose ...

They are in denial..  they still think it is just a difference of smaller quicker payouts vs bigger slower payouts and have no clue that they are bottoming out on small datasets

So the pool need a modern, updated, nice-looking frontend. An even lower fees are necessary, 0.5% is the only possible value for pool to be attractive for miners. May be some reward for those who find a block (with total hashrate per account is lower than 500 Th) is a good measure too if kano has any funds for it.

Please make America this pool great again!  

we need more miners in the pool, more so than ever now, not less.  At a minimum let's not encourage people to leave.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

Thanks, I can see that they're lower, but that doesn't tell me why they're lower. How can they go down if my N Avg has doubled.

The ´Miner Reward´, ´Pool N Avg´, and your ´N Avg´ are different for each payout. Although your hash rate has ramped up, the reward has dropped and the pool hash rate has increased resulting in a smaller payout.

I'm a little confused. Sorry if this has been asked before, if it has please link me to the answer.


Block   Block UTC   Miner Reward   N Diff   N Range   Pool N Avg   Your %   Your N Diff   Your N Avg   Your BTC
508425   9/Feb 20:11   12.44363511   14.378T   366hr 33m 46s   46.80PHs   0.06%   8.373G   27.25THs   0.00724668
505456   22/Jan 03:00   15.06656796   11.159T   407hr 24m 33s   32.68PHs   0.05%   5.773G   16.91THs   0.00779427
504409   16/Jan 00:32   15.23612341   11.158T   443hr 19m 29s   30.03PHs   0.05%   5.074G   13.66THs   0.00692884
504174   14/Jan 10:22   14.25059703   11.154T   449hr 25m 32s   29.61PHs   0.04%   4.937G   13.11THs   0.00630749
504121   14/Jan 02:53   16.75141384   11.144T   450hr 23m 1s   29.52PHs   0.04%   4.852G   12.85THs   0.00729271
504094   13/Jan 22:35   17.76941518   11.144T   451hr 7m 20s   29.47PHs   0.04%   4.803G   12.70THs   0.00765876
503962   13/Jan 01:54   17.47388789   9.672T   389hr 10m 25s   29.65PHs   0.05%   4.458G   13.67THs   0.00805428

How am I earning less on 27 TH's than on 16 or even 13?  I assumed that payout is proportional?

My take on a post from Kano a long while back:

The 5Nd "ramp" means it takes that long to reward your shares.  It's not a punishment and The ramp isn't missing rewards, it's delaying them to reduce variance.  Each share is rewarded in all the blocks found in the 5Nd after the share.  That's simply how it reduces variance. Each share's reward is averaged out over the 5Nd after it.

How do the PPLNS payments work?

The 5Nd means the pool rewards 5 times the expected number of shares each time a block is found.  So each share will be paid approximately 1/5 of it's expected value in each block it gets a reward, but each share is also expected, on average, to be rewarded 5 times in blocks found after the share is submitted to the pool.

So, on the 1st block the pool hits when you start on Kano you get rewarded 1/5 of the value of the shares you submitted for that block.  On the 2nd block the pool hits you get 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block.  On the 3rd block the pool hits you get 1/5 of the value of the shares you submitted for the 3rd block plus 1/5 of the value of the shares you submitted for the 2nd block plus 1/5 of the value of the shares you submitted for the 1st block and on and on like that until all of the value of the shares are paid.  That's also how you would continue to get payouts for the 5Nd ramp down period after you leave this pool.

This is a simplistic view of 5Nd because it is also affected by luck.  If pool luck was always 100% then each share is expected to be rewarded 5 times.
If pool luck is better than 100%, then the average share reward will be better than 5 times. (Love it when it hits 10-12 times!)
If pool luck is worse than 100%, then the average share reward will be less than 5 times.

The 5Nd really helps you out if your miners go down for a couple of hours or are down for a day.  You would continue to be rewarded if the pool hit a block while you were down.  I've seen pools where you would get nothing out of a block if you were down for just an hour or so when the block was hit.

You guys come across as major assholes sometimes...

Everyones in this to make money. Stop being mean to new people. Stop circle-jerking each other and maybe you'd get some new people. This is the exact opposite of what I thought this pool was about; I thought it was active because people helped one another, instead its new miners getting shit on by those that have been here a bit.

You're heading down the right path but the numbers are a little low.   

Ok ... so that means based on same difficulty/pool hashrates etc .... 0.0036 BTC reward per block per 13.5TH is an expected value?

looking at the history of the pool... it seems the pool averages 2.5-3.5 PH per block.  So if we are looking at steady 54PH (which seems to be number thats been hovering) ... then it would seem the pool can find 15.4 to 21.6 blocks per month?

for an S9, that would be 0.05544 BTC to 0.07776 BTC per month? (based on current diff, hash & luck over the past few months (except current))

or am I off on a tangent?

The payout on this last block is the only payout you will get.... Until the next block, there is no payout for 4 days after the first one... the 5N doesn't have anything to do with days.