FYI to the Members: Coinbase enabled support for BCH today which caused people to freak out and panic sell, nothing good comes from losing ones head when "change" occurs. It is like watching unstable people scream in to the air because they lose an election. Irrational.
Anyway, if you have some reserve, which I did, I took the opportunity to Buy the Dip. BTC dipped below 16K on Coinbase so I bought a little more. So just in case you were wondering why the recent price drop on BTC, that is the reason.
Last time I looked, BCH was trading over 8K, which is very nice since it added another very nice percentage to my overall portfolio. I can now afford to triple up on Hashpower. Diggin it!!
MINE ON WITH KANO-SAN!!!
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 652. (Read 5352367 times)
December 19, 2017, 08:42:37 PM
December 19, 2017, 08:27:45 PM
Now that wasn't so hard to understand. but it does explain the rest like the red on the shifts graph, and the weird names given to the list of shifts ( A B C D E... with odd names instead of letters. )
Those weird (odd) names given to the list of shifts are the names of anime characters...Kano is a huge anime fan for those who didn't know
Awww man, there has got to be a FAQ Section to cover that! or at least a note on that page that explains that. You see, as a new user, there is a whole bunch of info, and when you see 'odd' names that are not referenced anywhere, it makes you wonder.
It was only after I saw it repeats that I realized that those are labels for the shifts and the data is for MY contribution. I originally thought it was other miners names listed in the shifts table and that everyone saw the same data on the shift table. So because I am a bit slow, I was confused. I looked for the pattern of the repeating names, with another unique Hex character set and figured it out.
But there has to be a FAQ for some of these things, or just an information bubble when you hover the mouse over it that explains some of these " non bitcoin "
December 19, 2017, 08:23:18 PM
Ah the days of citronick and juvia cracking blocks like popcorn were great! 
December 19, 2017, 08:20:48 PM
Now that wasn't so hard to understand. but it does explain the rest like the red on the shifts graph, and the weird names given to the list of shifts ( A B C D E... with odd names instead of letters. )
Those weird (odd) names given to the list of shifts are the names of anime characters...Kano is a huge anime fan for those who didn't know
December 19, 2017, 08:19:16 PM
...
So Here is a dumb scenario question. Say I have been mining for2 days, then 5 blocks are found one right after the other, in one day or two. The total shares needed to find the blocks was 5,365,527,376,108. Exactly 4,000,000,000,000 less than 5nD. This would mean that my percentage of those blocks is low because I would have only .03% of 5,365,527,376,108 thus the payout was small too.
...
When we find a block, KanoDB counts back shifts until it totals 5Nd difficulty worth of shares.So Here is a dumb scenario question. Say I have been mining for2 days, then 5 blocks are found one right after the other, in one day or two. The total shares needed to find the blocks was 5,365,527,376,108. Exactly 4,000,000,000,000 less than 5nD. This would mean that my percentage of those blocks is low because I would have only .03% of 5,365,527,376,108 thus the payout was small too.
...
It includes the full shift each time, so the last shift it includes will make the total a little more than 5Nd.
That comes up with a total difficulty number a little above 5Nd - call it PD
If you were mining in that range you'll also have total difficulty of shares - call it YD
Your share of that work is YD / PD
So your part of the miner reward (MR) - is MR * (YD / PD)
That's the numbers on the Rewards page:
PD = "N Diff"
YD = "Your N Diff"
MR = "Miner Reward"
and "Your BTC" is MR * (YD / PD)
December 19, 2017, 08:11:46 PM
Kano, do you have any estimates of how many will be the fee of the pool when 2018 begin?
Back to exactly the same lowest fee it's been, of all pools worth mining at, 0.9% 
That's what the pool started at back in 2014, and will stay at.
Other pools have been much higher over that time and some have reduced their fees, but still none worth mining at with lower fees than 0.9%
December 19, 2017, 08:10:29 PM
Kano, do you have any estimates of how many will be the fee of the pool when 2018 begin?
Same as it's been since the start...0.9% flat. December 19, 2017, 07:21:59 PM
Kano, do you have any estimates of how many will be the fee of the pool when 2018 begin?
December 19, 2017, 06:31:41 PM
So, what's the 5Nd value?
The current Bitcoin network value for Nd is 1,873,105,475,221.6 and thus 5Nd is 9,365,527,376,108.0
Yes 5Nd is a mathematical expression which is (5 X Network difficulty). That is how long shifts are open.
That way it is extremely unlikely that a share will go through the entire 5Nd and not get paid, possible but unlikely.
I guess my brain cannot connect the terms used like " This is how long shifts are open" 9,365,527,376,108 ? WHat? Seconds, Hours minutes? The reference everyone makes is to "time" on how long they are open, but I cannot seem to make this compute in my head. so 9,365,527,376,108 is not seconds or minutes.
Is it 9,365,527,376,108 shares?
I know how the number itself is derived ie 5 x Network difficulty, But what units is it? Shares seems to be the only reasonable unit this can be.
Uh, yes, it's shares. Current difficulty is the number of shares it takes to find a block at 100% Luck.
THANK YOU!
This CLEARS the mud.
I get it now. each time a block is found, the pool calculates the percentage of shares I submitted of the last 9,365,527,376,108 before the block was found. This "window" of shares moves as time goes forward.
So Here is a dumb scenario question. Say I have been mining for2 days, then 5 blocks are found one right after the other, in one day or two. The total shares needed to find the blocks was 5,365,527,376,108. Exactly 4,000,000,000,000 less than 5nD. This would mean that my percentage of those blocks is low because I would have only .03% of 5,365,527,376,108 thus the payout was small too.
If I was already mining for a while ( Past the ramp up period ) and I would have more than .03% of the full 5nd - 9,365,527,376,108 because I have been mining 100% of the time, thus payout would be bigger.
The only part about this that has a good and bad is if you get a FAT block with a low percentage of shares from myself, and if the next one is a higher percentage of submitted shares on a "skinny" block.
Now that wasn't so hard to understand. but it does explain the rest like the red on the shifts graph, and the weird names given to the list of shifts ( A B C D E... with odd names instead of letters. )
I have now officially become an expert!
I can see why this works to stop pool hopping, which could kill the pool if people moved a lot of hashing power on and off the pool and if the payouts were done at once when a block was found.
Kano is so smart! I know this because it took me an entire day to untangle the math equations :-) ahah
December 19, 2017, 06:27:33 PM
Why does no one answer this aspect.. What is 5Nd is 9,365,527,376,108.0 How does it relate to "time" as everyone refers to it as.
It relates to time in how long it takes to find that many shares. The higher the hash rate the less time it takes and the lower the hash rate it takes more time. It is variable.
So the open shifts are 5 times 9,365,527,376,108 for this difficulty period. How long a period of time that is depends on the pools hash rate.
Is there a way for me to see where I am at currently in my ramp up journey?
E.g. "sum of my diffs" / "current difficulty"? (I have to admit that those diffs confuse the s**t out of me)
December 19, 2017, 06:16:14 PM
Why does no one answer this aspect.. What is 5Nd is 9,365,527,376,108.0 How does it relate to "time" as everyone refers to it as.
It relates to time in how long it takes to find that many shares. The higher the hash rate the less time it takes and the lower the hash rate it takes more time. It is variable.
So the open shifts are 5 times 9,365,527,376,108 for this difficulty period. How long a period of time that is depends on the pools hash rate.
December 19, 2017, 06:10:35 PM
So, what's the 5Nd value?
The current Bitcoin network value for Nd is 1,873,105,475,221.6 and thus 5Nd is 9,365,527,376,108.0
Yes 5Nd is a mathematical expression which is (5 X Network difficulty). That is how long shifts are open.
That way it is extremely unlikely that a share will go through the entire 5Nd and not get paid, possible but unlikely.
I guess my brain cannot connect the terms used like " This is how long shifts are open" 9,365,527,376,108 ? WHat? Seconds, Hours minutes? The reference everyone makes is to "time" on how long they are open, but I cannot seem to make this compute in my head. so 9,365,527,376,108 is not seconds or minutes.
Is it 9,365,527,376,108 shares?
I know how the number itself is derived ie 5 x Network difficulty, But what units is it? Shares seems to be the only reasonable unit this can be.
Uh, yes, it's shares. Current difficulty is the number of shares it takes to find a block at 100% Luck.
December 19, 2017, 05:58:18 PM
11TH/s vs. 13.5TH/s
If Canaan comes out with a good price point it could really upset the miner hardware world since buttmain came out with the ridiculously overpriced same unit. $201 per TH/s is insane. Come on Canaan make your move!
If Canaan comes out with a good price point it could really upset the miner hardware world since buttmain came out with the ridiculously overpriced same unit. $201 per TH/s is insane. Come on Canaan make your move!
December 19, 2017, 05:05:01 PM
Hey
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
We have to recruit help. You have a sig. Use it!
Since that other big pool's thread is abandoned by the owner, maybe we can get some help there?
M
December 19, 2017, 05:04:21 PM
Previous ramp post of mine back when the ramp was 3 days:
...
How it actually works, as opposed to how you see a 'ramp', is that your payouts are simply spread out over 5ND which is currently about 3 days.
You get paid for each share you submit, over the 3 days after you submit the share.
What this does is reduce the variance in your payouts.
Something like this if you think of it as submitting a share (s) each block:
If you consider the + to be the reward points when we find a block, the 5ND is simply the time it takes for the overlap of all '5' shares
Of course you keep submitting shares, so the gap appearing at the bottom doesn't begin until you stop mining e.g.:
The height/number of '+'s is the relative reward.How it actually works, as opposed to how you see a 'ramp', is that your payouts are simply spread out over 5ND which is currently about 3 days.
You get paid for each share you submit, over the 3 days after you submit the share.
What this does is reduce the variance in your payouts.
Something like this if you think of it as submitting a share (s) each block:
Code:
s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+
Of course you keep submitting shares, so the gap appearing at the bottom doesn't begin until you stop mining e.g.:
Code:
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
My simplified explanation was almost correct, but Kano's explanation is actually correct
Why does no one answer this aspect.. What is 5Nd is 9,365,527,376,108.0 How does it relate to "time" as everyone refers to it as. I get it is 5x the current difficulty, but What does it represent. I understand that the payout is shifted over the 5 blocks for the current found block.
Maybe I am thinking this is more complicated than what it is... Is it safe to say that if a block is found 1 per day at the exact same hour and minute, that the first block found is all paid out on the 5th day ( when the 5th block is found) and the day 2 block has only had 4 pays, and the third block found on the third day has 3 paid out? ***** And the variance comes in if the number of days is different between blocks say 2 then 3 or 7 days between each block but all different.?
Still does not explain what the 9,365,527,376,108.0 number is. I know its referred to as 5nd, but what Units? How does the number itself relate to the way its calculated, or is everyone saying things like " oh 16 day 5nd is a very long time" and just meaning, Man that took 16 days to find 5 blocks ?
As I understand it:
When a block is found, the block reward is shared proportionately among the last 9,365,527,376,108 shares that miners sent to the pool, up to when the block was found, which currently are approximately the shares submitted in the last 16 and a half days before the block was found.
December 19, 2017, 04:56:28 PM
Hey
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
We have to recruit help. You have a sig. Use it!
Since that other big pool's thread is abandoned by the owner, maybe we can get some help there?
M
December 19, 2017, 04:55:12 PM
Anyone picking up S9's today? Can you get me one? I don't have access to my wallets currently. (USA only)
https://shop.bitmain.com/productDetail.htm?pid=000201712191255054388vvfMz1v06F0
https://shop.bitmain.com/productDetail.htm?pid=000201712191255054388vvfMz1v06F0
Looking at it the shipping doubled as well used to be around 45$ per piece now it's around 80$, I would also believe that the import charge for customs is going to go up as well.
Reasons not to buy S9s:
1 - Each one requires it's own network connection. That means more cable, more addresses, and more maintenance.
2 - Import fees.
3 - Low quality hardware. May be more efficient, but your efficiency goes down the tube if it arrives DOA, and dies part way through.
4 - Their warranty process sucks. You have to send to China, and then they may declare it's not their fault.
5 - It's Bitmain.
M
December 19, 2017, 04:32:47 PM
Anyone picking up S9's today? Can you get me one? I don't have access to my wallets currently. (USA only)
https://shop.bitmain.com/productDetail.htm?pid=000201712191255054388vvfMz1v06F0
https://shop.bitmain.com/productDetail.htm?pid=000201712191255054388vvfMz1v06F0
Looking at it the shipping doubled as well used to be around 45$ per piece now it's around 80$, I would also believe that the import charge for customs is going to go up as well.
December 19, 2017, 04:23:41 PM
Hey
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
I hate it when i get to see most of the blocks been mined by Chinese pools, we need to team up and bring more hash rate and start cracking them blocks too. Come on guys bring those miners to Kano and let's show them what we can do.
December 19, 2017, 04:11:12 PM
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