I am not sure if you actually understand how kano pool works after all. I just can't tell from your lengthy complaint. Assuming you have maxed the 5Nd requirement as per pool faq page, you should expect 3.5T / 80000T (pool total) x 12.5 btc (raw reward) = 0.0005 per block. This is higher than the dust cutoff. If you were rewarded less than this by a wide margin, then either 1) your hash is much lower than 3.5T as you claimed; or 2) you haven't max'ed out 5Nd.
This is how kano pool works and the math behind it. Even kano cannot cheat around this, or we wouldn't be on the pool.
At the very least, Kano should state on the pool faq that miners with less power than 0.7T will simply never be paid at all, regardless of how much they max out said requirement. No such statement exists that I noticed, maybe I'm wrong but now I don't like to go to his site because I don't like him having access to my IP. Instead it says 'Do not point CPU / GPU miners to this pool'.
Why should I give Kano my power cost and reward for that ramp up period? Why isn't that 'donation' (or theft, depending on how you want to phrase it) mentioned as part of the fees? Saying the fees are 0.9% is deceptive and not accurate. If that ramp period comes to 2.5 days, then that's 2.5 days of power cost gone and 2.5 days of reward gone, for me, about $20. I should pay $20 for the 'privilege' of mining on his pool? No thanks.
I think he uses that implied write-off as a method of coercing users into staying with his pool.
Current 5Nd should be about 2.5 days.
I can understand it's not possible to require every miner to be patient for such time frame, where I personally have no issue with, this could be found on faq page before you even start mining at this pool.
"Be patient, I just want to rob you for a couple days, but then afterwords, oh man, it's going to be so great!"
And now it comes to this interesting part. While I stay neutral on kano's comment about you being no experience with building system as such, I surely can't give you much credit either. I trust you didn't spend more than 5 minutes laying down pseudo code like this, but you have totally ignored the architecture and design behind the running software. Anyone can say how one would think something works, but without understanding how pieces fit each other, it's nonsense, or garbage, at most.
5 minutes of logic flow does not equate to 5 minutes of work to get it into production. <-- I will stop here, assuming you know software engineering principles well enough.
Actually, my code example is totally unnecessary. Here's why. The clearly evident facts are:
Kano is already tracking payments under the payout threshhold. The website lists them, and marks which ones won't be paid. So that is already done.
Kano already has code to send payments to people. Allegedly, I wouldn't know, this happens all the time.
So the new code required? Add up the unpaid payments, and pay them.
He's put more effort into crook-splaining why he doesn't do this than it would take to actually do it.
I saw you have a lot of emphasis on being factual. Yes, I witnessed this story you had with kano and would agree that you did not evidently spiced it. BUT, please understand that facts can be conflicting too. Your fact does not equate to my fact all the time.
Well... my 'facts' are mostly just direct quotes from Kano. This is not me putting words in his mouth, it's his own admission of not paying out 'dust' miners, keeping some portion of their payments, and ultimately that has added up to over $50k. His words, not mine. Maybe he's lying about it just to piss me off, I wouldn't rule that out. But as it stands, he is pretty brazen about gloating about how much money he has skimmed off the top from users like yourself.
...because, I have 80TH on kano pool. and I audit kano pool payout every week then find that: I pay 0.9% fee, e-v-e-r-y-t-i-m-e.
Not true. The 2.5 day ramp up time period you paid more than that 0.9%, according to your own statements above. Likely, you also got robbed at some point for any time you failed to stay connected 100% of the time.
Now, do I have a comeback to finger point your signature that
Kanopool - The only pool with a 100% fee - "We stole $50k from our users!"
I would not do so.
You removed part of my sig so I filled it back in for you. I'm curious why you would remove it. Does it sting? That's why I've done it. For you, so hopefully you'll eventually get paid what's owed to you. Do you think I care about the $1.40 Kano owes me? Or the $5-$10 I lost in power costs trying his pool out? Sure I'd like to get paid but at this point I'm just offended he gets away with robbing the people making him so much money. It's not necessary. He could just be honest and pay people what they're owed and still make a bucket of money.
