Quote from: bctmke on February 01, 2016, 03:49:36 PM

Quote from: CrashBitz on February 01, 2016, 11:46:39 AM

Quote from: swilla on February 01, 2016, 10:52:59 AM

Quote from: CrashBitz on February 01, 2016, 10:39:00 AM

Quote from: swilla on February 01, 2016, 10:32:26 AM

Not saying fair. Superior. What software does your miner run? BFGminer or CGminer? Who created it? Questions you should ask yourself. From personal experience, kano is superior! Do what you want but kano and ck are the best options you have. No questions asked. (but if you do have a question, they will answer them again.!)

I'm running an S5.
So, I don't know the answer to your question: the s/w is whatever is on the miner.

Why is kano superior? This is the question I'm asking

I choose slush with vey little information to go on based on a compromise of size vs block solutions (not really relevant as bigger payouts come less frequently with smaller miners and vice versa), their interface (dashboard), and support for noobs like me.

Bitmain uses cgminer. Try kano, whom happens to be one of the developers, and you won't regret it. As far as your earlier question about %, no kano is not 100%, we are over 105% overall. Try to find a pool that can beat that Wink

!

So the begs the question: How can their luck, in the long term, be better than 100%?

As Kano mentioned luck is expected to converge towards 100% but just because a pool is having high luck it DOES NOT mean that down the road that pool will have offsetting bad luck.

Important points when choosing a pool:
All things being equal - you SHOULD make the same amount at two different pools over time. The smaller pool will pay out less frequently but you will get a bigger share, while a larger pool will pay out more often but you will get a smaller share.

Things that can affect that:
- overall luck
- pool fees
In the case of slush, their overall luck has been fairly awful. What this means is you get a smaller piece of the pie (because of their size) AND you're getting paid less frequently.

Compare to Kano where being a smaller pool - you get a bigger piece during each payout but overall luck is also higher (meaning that you actually end up getting paid a bit more too).

Its all about doing your research, learning and understanding. And then making the best choice for you.

What then, in the scenario of BTCMining, is luck?
If having high luck now does not mean you'll have low luck in the future, then it's not luck in a classical sense. (i.e. if Im choosing a side in a coin toss, in the long term a 'fair' coin will be 50/50 H/T, so you might have high luck for some time, but this will be offset by low luck later to end up at 50/50 in the long term)

Crash