Quote from: clgrissom3 on April 24, 2016, 03:23:08 PM

Quote from: Newko on April 24, 2016, 01:14:19 PM

Quote from: UfoRia on April 24, 2016, 01:49:52 AM

The goal is to throw a bunch of hash at the right time (gamble), but throw an average amount when two blocks take longer than the expected daily.

Ufo

Hmmmm...isn't that kinda like trying to predict when to bet big on roulette wheel based on previous spins? I don't think that will work because same as each spin of wheel is independent of previous spin (the roulette wheel has no memory), next block that Kano pool is trying to bust has no relation to previous block.

Best method for successful mining is:
1. Mine on Kano
2. Keep steady hash so your 5ND stays steady.
3. Mine on Kano

[edit] Nothing wrong with throwing extra rental hash (assuming good price) once in a while (for fun), but recognize that results are also random. It will increase your 5ND for a bit and if we crack a block during that time you'll get extra profit, but if we don't crack a block, then you'll get less profit because your expense was higher.

Haha! Gamblers never seem to grasp the concept of independent random events. That's where the gambler's fallacy comes from. I once watched a friend playing roulette go all in on black after the wheel hit a string of 26 reds in a row...and it landed on red. Cheesy

this is why the 50 and 100 block history matters really nothing else.

My theory is our coin toss is stacked in our favor due to superior software set up.

so we toss 55 heads and 45 tails.

I have no idea if my theory is true but as long as the 50 and 100 block marks show this to be true this is the place to be.

Block Made # -------- 50 block luck % ------------100 block luck %

826 ___________ 120.23 _______________ 115.50

827 ____________ 116.50 ________________114.38

828 missed it

829 ----------------- 118.18 ---------------------- 115.40

830 ------------------- 117.51 --------------------- 114.91

I am looking to show everyone this is the place to mine.

https://bitcointalk.org/index.php?topic=1338693.msg14646641#msg14646641

Another way to think of it is black jack card counting.
Perfectly legal edge and it was exactly that for years.

Too many people discovered it and casinos outlawed it.

I feel this pool has a software edge and the 50 to 100 blocks continue to show that edge.