KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 78.

dutchlincoln

member

Activity: 434

Merit: 30

Quote from: clgrissom3 on November 28, 2018, 03:27:23 PM

Quote from: dutchlincoln on November 28, 2018, 03:15:15 PM

Quote from: trev59 on November 28, 2018, 02:16:59 PM

KanoPool: 71,432.43THs Cry

It seems like i'm not the only one with a calculator... Cheesy

You're just not capable of understanding that pool size has no effect on the miner's total reward. We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout. You really should take up a hobby that involves less math before you hurt yourself

And i think that you are too stupid to operate a calculator.... Grin

I know how the pool works, i've been mining nhere for over 6 months...

I'm afraid that you are not capable of understanding that luck on this pool is below average for a very very very long time... Hey, sure, it may differ 1-1.1% in fees, but when another pool comes close(r) to 100% luck (wich is the norm as you state yourself) they still pay more BTC for your hash... Second; when the overall pool hash is so low, it takes much longer to find a block, and kills your 5N rewards when you drop to another pool, as your 5N is already down to zero when the pool eventually finds a block.

So, stop throwing mud, try to better understand what you read, and be a little more respectful okay? Undecided

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: dutchlincoln on November 28, 2018, 03:15:15 PM

Quote from: trev59 on November 28, 2018, 02:16:59 PM

KanoPool: 71,432.43THs Cry

It seems like i'm not the only one with a calculator... Cheesy

You're just not capable of understanding that pool size has no effect on the miner's total reward. We still get the same amount...there will be fewer blocks but we will get more BTC with each block so it's still the same total payout. You really should take up a hobby that involves less math before you hurt yourself

dutchlincoln

member

Activity: 434

Merit: 30

Quote from: trev59 on November 28, 2018, 02:16:59 PM

KanoPool: 71,432.43THs Cry

It seems like i'm not the only one with a calculator... Cheesy

trev59

newbie

Activity: 17

Merit: 0

KanoPool: 71,432.43THs Cry

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: MoparMiningLLC on November 28, 2018, 08:57:26 AM

Quote from: clgrissom3 on November 27, 2018, 04:39:47 PM

Quote from: dutchlincoln on November 27, 2018, 11:43:30 AM

Quote from: BSGMiner on November 27, 2018, 11:20:31 AM

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear. The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools. Good luck chasing luck...that usually never works out like folks think it will

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017 --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time. but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

You make a good point and that is exactly how you can make out better on the KanoPool...play the long game. Mathematically it's the simplest concept you can possibly have. All pools will hit 100% of the expected blocks they should over time so the only difference between all the pools is 1) pool fees and 2) do they include transaction fees. Both Kano and Slush pay transaction fees so they are even there. KanoPool's fee is 0.9% and Slush's fee is 2.0% so over the span of a year you would expect to earn about 1.1% more by mining with Kano and that is holding true. The math could not be any more basic than that.

jimbocuzzi

copper member

Activity: 123

Merit: 3

I still have 15 $55 bitmain coupons for anyone who wants them.

MoparMiningLLC

legendary

Activity: 2254

Merit: 2419

EIN: 82-3893490

Quote from: clgrissom3 on November 27, 2018, 04:39:47 PM

Quote from: dutchlincoln on November 27, 2018, 11:43:30 AM

Quote from: BSGMiner on November 27, 2018, 11:20:31 AM

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear. The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools. Good luck chasing luck...that usually never works out like folks think it will

Do not get me wrong, I love supporting Kano but for the 2 months that I have been on kano pool I have earned .08342365 - 5 other miners with same hash rate on another pool have earned .12601409 so for the 2 months I have essentially "lost" out on almost 1/3rd of the profit I would have made had I not used Kano.

Now I realize we have had 2 low luck months and had I been on for September and using my average pymt amount, I would be at .19364022 for Kano and the other pool, including Sept would only be at .18942017 --- so Kano would have been better for me had I been on the pool longer. Short term may not always look good but for long term, Kano would be more profitable for me.

edit** and had I been here the whole year or if I was willing to put all my miners on one pool - and had been here the whole year, I would prolly have quite a bit more than I have now, considering that BTC value and rewards have decreased over time. but to use the average I get now (yes, I know it would have been higher earlier in the year) I would have made .89 BTC off the 200 blocks mined by Kano pool. where as the same 5 miners earned .753 BTC on slush - and that is actual based on the value/reward/difficulty that was in play at that time.

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: dutchlincoln on November 27, 2018, 11:43:30 AM

Quote from: BSGMiner on November 27, 2018, 11:20:31 AM

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

I have a feeling that your calculator tells you what you want to hear. The "total picture" covers more than just "currently" and if you look at what you earned for the year at Kano it was higher than those other pools. Good luck chasing luck...that usually never works out like folks think it will

dutchlincoln

member

Activity: 434

Merit: 30

Quote from: BSGMiner on November 27, 2018, 11:20:31 AM

10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

This is totally true. Thats why i look at the total picture, and not the rewards individually.
And my calculator tells me that currently, i do better as on Kano...

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: BSGMiner on November 27, 2018, 11:20:31 AM

Quote from: dutchlincoln on November 27, 2018, 08:18:21 AM

It has a lot to do about luck, especially with these pices, especially when profit is low already.

The 5N ramp really sucks and has no value at all, as the block finds are so long from eachother, the hasrate on the way down is as good as worthless when eventually a block is found...
I switched to another pool to try my luck there, and luckily i did the right thing...

No FUD to Kano or anything, but at the moment it is a Bad luck pool....
When numbers turn green again, i might join, but for now i'm making (way) more profit elsewhere...

Sorry, i'm in it for the results, nut just fun only...

So, basically, you just can't stomach variance, and that's on you. It's in no way indicative of this being a bad pool or even PPLNS for that matter. 10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

I didn't hear anyone complaining about September's luck, and long-term luck here is good. :shrug:

That's exactly right on the Sept luck...that was one great month. Luck is luck....

BSGMiner

member

Activity: 490

Merit: 16

1xA921 + 1xA741 + Backup-->1xA6 ;)

Quote from: dutchlincoln on November 27, 2018, 08:18:21 AM

It has a lot to do about luck, especially with these pices, especially when profit is low already.

The 5N ramp really sucks and has no value at all, as the block finds are so long from eachother, the hasrate on the way down is as good as worthless when eventually a block is found...
I switched to another pool to try my luck there, and luckily i did the right thing...

No FUD to Kano or anything, but at the moment it is a Bad luck pool....
When numbers turn green again, i might join, but for now i'm making (way) more profit elsewhere...

Sorry, i'm in it for the results, nut just fun only...

So, basically, you just can't stomach variance, and that's on you. It's in no way indicative of this being a bad pool or even PPLNS for that matter. 10 rewards per month of a 30x reward is exactly the same as 30 rewards per month of a 10x reward.

I didn't hear anyone complaining about September's luck, and long-term luck here is good. :shrug:

robinsoz

newbie

Activity: 13

Merit: 0

Quote from: dutchlincoln on November 27, 2018, 08:18:21 AM

It has a lot to do about luck, especially with these pices, especially when profit is low already.

The 5N ramp really sucks and has no value at all, as the block finds are so long from eachother, the hasrate on the way down is as good as worthless when eventually a block is found...
I switched to another pool to try my luck there, and luckily i did the right thing...

No FUD to Kano or anything, but at the moment it is a Bad luck pool....
When numbers turn green again, i might join, but for now i'm making (way) more profit elsewhere...

Sorry, i'm in it for the results, nut just fun only...

When numbers turn green - the chance of them staying green for the next couple of weeks is exactly the same as it is today. It is a random thing - and the 5ND is sort of nice for people who sometimes mine part of the day and then have their miners turned off or the rest of the day (although, in the grand scheme of things that does not matter either.) I wish Kano would finish the accounting code - but other than that this is the best pool there is.

dutchlincoln

member

Activity: 434

Merit: 30

It has a lot to do about luck, especially with these pices, especially when profit is low already.

The 5N ramp really sucks and has no value at all, as the block finds are so long from eachother, the hasrate on the way down is as good as worthless when eventually a block is found...
I switched to another pool to try my luck there, and luckily i did the right thing...

No FUD to Kano or anything, but at the moment it is a Bad luck pool....
When numbers turn green again, i might join, but for now i'm making (way) more profit elsewhere...

Sorry, i'm in it for the results, nut just fun only...

NomadGroup

sr. member

Activity: 508

Merit: 250

Quote from: kano on November 26, 2018, 03:35:52 PM

Quote from: BSGMiner on November 25, 2018, 10:04:56 PM

Quote from: kano on November 25, 2018, 05:04:40 AM

Oh in case anyone didn't notice - there was a block by cryptostarusa 1.5hrs ago

We also hit a record failover 5min pool hash rate of 993.25PHs for a few minutes earlier today

Yeah, I missed that one for a while due to being heads down on a networking change here at home, but glad to see were mining away regardless of the BTC price craziness. Glad I don't rely on the price alone to justify keeping my miners running.

Love live the BTC!

Heh - and another new high score record as we have a couple of large miners abandon ship due to the luck this month:

5min hash rate of 4.55EH at 20:03 UTC (about half an hour ago)

I think many big miners will start abandoning the ship soon Kano (not just here) and it isn’t just because of luck but because they just simply can’t pay the electricity bills at this price of BTC. I’ve heard that many are shutting down their farms until the difficulty will go down or the price will go back up. I doubt that at even 5-6 cent per kilowatt the machines can pay for electricity that they use, not even talking about any kind of profit. Things ate starting to look bad, hopefully it will change soon!

kano

legendary

Activity: 4592

Merit: 1851

Linux since 1997 RedHat 4

Quote from: BSGMiner on November 25, 2018, 10:04:56 PM

Quote from: kano on November 25, 2018, 05:04:40 AM

Oh in case anyone didn't notice - there was a block by cryptostarusa 1.5hrs ago

We also hit a record failover 5min pool hash rate of 993.25PHs for a few minutes earlier today

Yeah, I missed that one for a while due to being heads down on a networking change here at home, but glad to see were mining away regardless of the BTC price craziness. Glad I don't rely on the price alone to justify keeping my miners running.

Love live the BTC!

Heh - and another new high score record as we have a couple of large miners abandon ship due to the luck this month:

5min hash rate of 4.55EH at 20:03 UTC (about half an hour ago)

MoparMiningLLC

legendary

Activity: 2254

Merit: 2419

EIN: 82-3893490

finally figured out what the issue was with the disconnects... for some reason, Awesomeminer was trying to do profit switching on my ASIC's so it would keep jumping them from one pool to the next.

Not sure why it was trying to apply profit switching to my ASIC's but after finding the setting and turning it off, my miners have not disconnected.

BSGMiner

member

Activity: 490

Merit: 16

1xA921 + 1xA741 + Backup-->1xA6 ;)

Quote from: kano on November 25, 2018, 05:04:40 AM

Oh in case anyone didn't notice - there was a block by cryptostarusa 1.5hrs ago

We also hit a record failover 5min pool hash rate of 993.25PHs for a few minutes earlier today

Yeah, I missed that one for a while due to being heads down on a networking change here at home, but glad to see were mining away regardless of the BTC price craziness. Glad I don't rely on the price alone to justify keeping my miners running.

Love live the BTC!

MoparMiningLLC

legendary

Activity: 2254

Merit: 2419

EIN: 82-3893490

awesome! I was out for a week traveling to Washington and Oregon and we had 2 blocks! let's end this month with a bang and get a good streak going - November needs a few more blocks!

clgrissom3

legendary

Activity: 1736

Merit: 1032

Carl, aka Sonny :)

Quote from: kano on November 25, 2018, 05:04:40 AM

Oh in case anyone didn't notice - there was a block by cryptostarusa 1.5hrs ago

We also hit a record failover 5min pool hash rate of 993.25PHs for a few minutes earlier today

Thanks cryptostar!

This is our 1st of BLOCK SUNDAY! Cheesy

Biffa

legendary

Activity: 3234

Merit: 1220

All hail the mighty cryptostarusa! Grin

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 78. (Read 5352140 times)