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Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
by
nazzer
on 11/02/2018, 01:39:02 UTC
I wasn't sure by what it meant ramp up. So essentially pay is held until this time frame has passed?

Whats the point of a ramp up period? It says to reduce variance but how does it accomplish that?

Payment per block is paid according to the number of shares you've sent to the pool over 5x the current difficulty.

At current pool hash rate and network difficulty, this works out to all the shares you've submitted over the past 13.5 days.

The reward you get is then (Your Shares) / (Total Shares submitted to pool over 5Nd) * (Block Reward + tx fees) - 0.9% Pool fee.

So, if you pool hop during the 5Nd period, you're submitting fewer shares to the pool compared to people who didn't at the same hash rate.

Edit: This is aimed at reducing pool variance by discouraging pool hopping.

I understand this already but my point is being missed. When looking at the shifts, the reward stated was about 0.086. When looking at the payment section, the reward was 10% this amount. I had mined for about 10 days. I hadn't mined since the start of the block but that should be irrelevant because the payout method doesn't base anything on time but rather shares submitted. Has my reward gone missing? Why is there a major difference in the stated reward and the actual payout. Am i not understanding something here? Can someone please actually just explain it instead of telling to the read links that I have already read or copy and pasting something from kanos site?


You mention that its uncommon to have unpaid shifts but looking at my shift reward, it says 0.08655 and going into my payments after the block matured, i received 10% of what was rewarded at 0.0085898. I am also not even sure if that was the shift that was paid. In my payments, that amount appeared before the block matured but payment was only sent out after the block matured however the reward information tells me that I only had about 40% my actual hashing. Someone please tell what to do. I have been thwarted.

I seriously doubt you have been thwarted.

Did you read - https://kano.is/index.php?k=payout

There is a 13 day +/- ramp up on this pool (also works to your advantage when you leave as it's 13 day +/- ramp down

How many days had you been on the pool when we found that block, if it was less than 13, then you got some percentage less than 100% because you hadn't completely the ramp up

From what i understand, I had been mining for about 10 days when the block was found but if its a ramp, shouldn't the yield but proportional to the time spent on the ramp. I received 10% of my shares. Does this mean kano stole 90% of my hashing power's yield? 0.08 btc is not an insignificant amount and this is 10 days of mining that i could have been getting paid elsewhere to do. Also, although it has a ramp down, there is no point in that because if you leave the pool, why would you earn anything if you didn't hash anything. This concept on the surface only seems to be a deterrent for people to bounce back and forth between pools but is ultimately just a costly deterrent for the typical user. A lot can be earned in 13 days and I spend a lot on electricity so this ultimately cost me a lot of my profitability because now, a good portion of time must be spent to make up for the lost resources in the days past that were spent on not earning anything while wasting electricity.

On the shift page, latest block rewarded is 0.08655 satoshis per 1000diff share.

So the calculation is:

You've been mining for ~10 days, your single S9 is up to 73.5% of the ramp (10/13.5)
This means your average hash rate over 5Nd is 9.9 TH/sec
Reward rate is 0.08655 so 9.9 / reward rate of 0.08655 = 0.0085898

My numbers used to calculate:

Your reward:

0.0085898 BTC = 858,980 Satoshi
858,980 Satoshi /  0.08655 satoshi reward per 1000 diff = 9.924667822 TH
9.92 / 13.5 = 73.5% of maximum hash rate of 1 S9
73.5% * 13.5 days = 9.924 days of mining on Kano.

Important: On all pools, you only get paid when a block is found.