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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 653. (Read 5352367 times)

jr. member
Activity: 196
Merit: 4
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:
Code:
                        s----+-----+-----+-----+-----+
                  s----+-----+-----+-----+-----+
            s----+-----+-----+-----+-----+
      s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+
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.:
Code:
                        s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
                  s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
            s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
      s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
s----+-----+-----+-----+-----+s----+-----+-----+-----+-----+
The height/number of '+'s is the relative reward.

My simplified explanation was almost correct, but Kano's explanation is actually correct  Smiley

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 ?
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Haha! Had me going there for a second Cheesy
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
False alarm there, Jim.  That was 12 hours ago!  Wink
newbie
Activity: 71
Merit: 0
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
So my site has been grabbing 5 minute detailed info for a few pools in my upcoming minergain site but dont have the info live yet.   Eventually this data can use your real miner data to do "what if scenarios - even though luck is luck".  So all this got me wondering so I thought I would share some real comparison info...  So if you were with slush for December, here would be your btc per Th that your miners submitted....
      
Total: 0.003702629 per Th/s.  

So if you have an S9 like me with 13.5Th/s, that is .0499854915 BTC for the month (assuming fully "vested" in the PPNLS).  As I have mentioned before, the 5 blocks found on Kano (even with the current 8 day delay) is .04509834.  If we got another block today, it would be roughly .054 BTC for the month.  And if we picked off another one tomorrow, it would be roughly .063 BTC.  So yes, there is a little more gambling here, but the potential upside is way more than the sites that give lots of blocks per day...  And isn't that really why we are all in this "business" - gambling?  That is exactly why I moved to Kano from Slush after just one month with them...  I can afford a little electricity if needed, but with that said, my full power bill was paid by the 3rd of this month...  I also purchase coins on the exchanges, and this is a much smaller investment per BTC - just slower.  Anyway, just to give a little perspective for the newbies (me included).
So this block officially puts me at .05392541 for the month with one S9 (.00399447 per Th) which is .0002104 BTC / day / Th.  That pushes Kano ahead of slush for the month by 7.31% and gives us around 4.5 days breathing room - meaning that if we find another block before 5 days we push the gain even further.  Mine on and congrats koelby.

When you say " For the Month" are you meaning December 1 til now or for the last 30 days?

sorry - Dec 1 to now...
member
Activity: 210
Merit: 15
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley
Thanks for the note, Kano.

For the person questioning why go Avalon v. an S9...ask any of us whom have done extended (as in months) mining with both. I would venture to guess you would hear (1) reliability (the Avalons, in my experience, are significantly better designed & built), and (2) there are some of us whom have been around a long time who prefer to not support the Bitmain onslaught in any case.

 Kiss

I agree, they just need to increase their availability. I keep checking on their US Distributor Website and the 741's are always sold out. Also a question for anybody on the Forum. Who has done business with Minerwarez and how would you rate their sales and support? Thanks in advance. MINE ON WITH KANO-SAN!!
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
So, that reward wasn't too shabby. I guess my first two were smaller, because I had only been mining for a few days. I will give it a month or two. Should be doubling my hash rate next week. Thanks for all of the posts, it's been very informational.

Hi there,

Just got my S9 onto KanoPool last night and have been mining for about 9 hours.  Is it normal to not see much action in the rewards/payment areas of the management site?  Don't mind me, I'll be the first one to admit I'm a noob so just trying to extract some information that makes sense to me about what the miner is actually achieving.  Any tips would be much appreciated - thanks!

Step 1 - Go back and read the last 20 pages or so of this forum.  It won't take that long to do and you will discover a gold mine of info about your question. This question has been asked and answered hundreds of times over the years and several times over the past couple of weeks. Smiley

Step 2 - Wait 14 days so you will have reached your full 5Nd and have earned several blocks.  If it doesn't all make sense by then, post your question here again. Smiley
member
Activity: 658
Merit: 21
4 s9's 2 821's
So, that reward wasn't too shabby. I guess my first two were smaller, because I had only been mining for a few days. I will give it a month or two. Should be doubling my hash rate next week. Thanks for all of the posts, it's been very informational.

Hi there,

Just got my S9 onto KanoPool last night and have been mining for about 9 hours.  Is it normal to not see much action in the rewards/payment areas of the management site?  Don't mind me, I'll be the first one to admit I'm a noob so just trying to extract some information that makes sense to me about what the miner is actually achieving.  Any tips would be much appreciated - thanks!

No block found, then no payments due.   
newbie
Activity: 24
Merit: 1
So, that reward wasn't too shabby. I guess my first two were smaller, because I had only been mining for a few days. I will give it a month or two. Should be doubling my hash rate next week. Thanks for all of the posts, it's been very informational.

Hi there,

Just got my S9 onto KanoPool last night and have been mining for about 9 hours.  Is it normal to not see much action in the rewards/payment areas of the management site?  Don't mind me, I'll be the first one to admit I'm a noob so just trying to extract some information that makes sense to me about what the miner is actually achieving.  Any tips would be much appreciated - thanks!
newbie
Activity: 8
Merit: 0
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley


I am wondering if you can shed light onto the S9 vs 821.

Per the specs, the S9 comes out on top in terms of efficiency so I assume the first choice would be to go with the S9 that is currently available.

I have read that people have been anti-bitmain but what are the exact reasons for this?

What would be the benefits of getting say a 761 instead of an S9.

Essentially, what would be the reasons why someone would forego an S9, which has better efficiency and power for a 761 / 741

We're comparing the Avalon 8 vs the S9.

But a big factor would be price...even if the A8 includes the PSU.  Bitmain has made their move, now it's Canaan's turn tomorrow. 

The antminer S9 is out right now for $2725 USD - holy shit!

I hope the A8 will be under $2000 - seems worth it at that price.


member
Activity: 658
Merit: 21
4 s9's 2 821's
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley


I am wondering if you can shed light onto the S9 vs 821.

Per the specs, the S9 comes out on top in terms of efficiency so I assume the first choice would be to go with the S9 that is currently available.

I have read that people have been anti-bitmain but what are the exact reasons for this?

What would be the benefits of getting say a 761 instead of an S9.

Essentially, what would be the reasons why someone would forego an S9, which has better efficiency and power for a 761 / 741

We're comparing the Avalon 8 vs the S9.

But a big factor would be price...even if the A8 includes the PSU.  Bitmain has made their move, now it's Canaan's turn tomorrow. 
legendary
Activity: 952
Merit: 1003
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley
Thanks for the note, Kano.

For the person questioning why go Avalon v. an S9...ask any of us whom have done extended (as in months) mining with both. I would venture to guess you would hear (1) reliability (the Avalons, in my experience, are significantly better designed & built), and (2) there are some of us whom have been around a long time who prefer to not support the Bitmain onslaught in any case.

 Kiss
newbie
Activity: 8
Merit: 0
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley


I am wondering if you can shed light onto the S9 vs 821.

Per the specs, the S9 comes out on top in terms of efficiency so I assume the first choice would be to go with the S9 that is currently available.

I have read that people have been anti-bitmain but what are the exact reasons for this?

What would be the benefits of getting say a 761 instead of an S9.

Essentially, what would be the reasons why someone would forego an S9, which has better efficiency and power for a 761 / 741
newbie
Activity: 40
Merit: 0
So, that reward wasn't too shabby. I guess my first two were smaller, because I had only been mining for a few days. I will give it a month or two. Should be doubling my hash rate next week. Thanks for all of the posts, it's been very informational.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
Yeah the picture isn't correct - that's the 741 picture.
The prototype A8 I saw in September included a PSU as part of the miner Smiley
member
Activity: 210
Merit: 15
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.
Looking at purchasing 5 of these, it will max out my power availability but naerly double my TH/s contribution to the Pool. My BCH converted to BTC will easily cover the cost. MINE ON WITH KANO-SAN.   
member
Activity: 658
Merit: 21
4 s9's 2 821's
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.

With the PSU's included, wonder if they will be sold for $2500?
full member
Activity: 658
Merit: 118
Looks like Canaan has some more specs on the A8 up: https://canaan.io/product/avalonminer-821/

Hope to pick a few of these up and get my TH/s up there towards the top of the stats.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block! by koelby Cheesy
Welcome to the acclaim board Cheesy

16.86 BTC Smiley

Nice to see an overnight block! Cheesy

To all newbies here, there is an easier way to figure out what you will make on this pool.  It is 100% correct every time and you don't have to run around in a panic like your hair is on fire.

Record and observe.  As each block arrives you will see exactly how it all works.
member
Activity: 210
Merit: 15
Thank you, Koelby, for the block! Nice work!  Grin
So after all that agonizing by some of the new miners, that block was under 300% difficulty, our luck for Dec is still almost 93%, and our PAPPS is over 110%  Grin

Moral of the story: Patience my new fellow miners, this is still and we always be the best and most profitable place to mine.  mine on!

Patience, Maturity, Understanding, Self Control, Common Sense and above all else, THE DATA tells the story. Why would I want to pay higher fees on less BTC, yet have the same fixed cost. Yes Congrats to Koelby for finding the Block. MINE ON with KANO-SAN!!!
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