Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 526. (Read 5352367 times)

I don't think it is so easy. Maybe little pools with 0% fees are easier to merge, but fee/for-profit pools have more difficulties. Not a matter of size, a matter of money.  

I am offering daily payouts at Kano equal to what you were receiving. Just plug in my worker name and you are good to go. 

I copied this from a Kano post from a couple of years ago and I added a little to it.

You are probably right. If you'll let them know that they are welcome at Kano we'll have a spot waiting for them.

Good thing we jumped on this early!

Decentralization is great and all but it seems some of the smaller pools need to join forces..  we have slid back down to 40PH
If we could get a couple other small pools to join Kano and get to 100PH that might make things happier for everyone going into 2018.

I rather bring this up now than have people say the same thing in 6 months with 'should of's, could of's' attached to the same ideas.

Letting small pools die slowly hurts everyone involved as probably half go to larger evil pools and less and less of the mining pie stay with the good guys.

Can crack it with a walnut as far as I'm concerned.   Onto the next block asap

Another long block.

Y'all ain't going to be upset if I crack this with a U2, are y'all?


Mine on!

Thanks a mill for that great explanation

The 5Nd means it takes that long to reward your shares.
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.
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 went down for a couple of hours or 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.

This explains it pretty nicely.. except I think people would want some firm examples of "hash rate / 5*network diff = ramp time"  or whatever is accurate

Where's the *like* button when you need it

not sure why you say that... I started on the 16th with 15Th, I'm up to around 8-9Th of ramp after 9 days (with the caveat that the red line may be an approximation given how it's actually calculated)... so the number that has always been under help->payouts seems quite reasonable and accurate.  I've since added another 15Th so I'll have to let those catch up as they will.

Note that the redline is actually not your ramp but the average over the entire period shown (24 days I think). If you are not ramped up and we hit a block the payment will be on a larger amount of hash than the redline shows. Not a huge amount more but more, or at least it has been for me.

if you'd just read back a few posts, you'll see where I answered this...

Shift graph. On the right is what your average is, with a red indication line. It moves up quite slowly.

Hey all!

Sorry if I sound noob but where do I see the ramping status of my s9 in kano's website?

But what you fail to remember is that you continue to get paid *even* after you bail on the pool (shudder the thought).  So the ramp cuts both ways.  But all you have to do is check minergain.com and you'll see why there are die hard fans here... even tho it's a relatively small pool with low block per day counts...

Thanks, I set out with the intention of giving a month or two to the pool anyways. Was just a bit disappointed by the slow ramp while my other S9's were pulling in daily profits on Nicehash, etc.

You have to remember that ramp time is influenced by overall pool hashrate, and if your S9 goes down for just a bit it's going to take time to FULLY ramp because you have those zero shifts in there. I started on January 12th and I'm at 12 out of 13.5 for my initial 13.5 Th/s so it was accurate for me. Also, I missed a few shifts in there thanks to having to do the unthinkable and taking my s9's offline. Just hang in there and wait for the blocks to hit. The day that I started was the beginning of a 4 or 5 block party (You are welcome everyone that was fully ramped!  ) so it will definitely be worth it when I am fully ramped. The last block we hit I was right around 7Th/s ramped so you are on pace to match the math.

hang in there...MINE ON!

Thanks a mill Akadamson. I had a look at that Payments/Help before but to be honest it boggles the mind with all the mathspeak "5N" stuff. Another question, does the ramping reset or slow down after a block is found? I ask because my ramping seems to be happening at a snail's pace. The first 3THs ramp took around 5 days (0.6THs per day). I am up to 5.75THs now from the last block 6.5 days ago. So currently seems to be ramping at roughly 0.4THs per day ( Using that math, it seems to take 3 weeks or so to ramp up a single S9 fully. That's a LONG time in crypto land.