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Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG
by
drumsticks
on 17/04/2018, 18:27:39 UTC
Hi Everyone,

I am rather new here and have a couple of questions.  It seems that the giveaway is quite old, am I correct?  I would assume there are no giveaways at this time?

Also, I have been mining using Kano for a couple of weeks now.  For some reason, my last payout took 4 days and it was just the minimum payout of just over 0.001.  My payouts previously were almost every day of the same amount.  What am I not understanding?

Thank you for any help.


There's quite a bit you probably won't understand unless you do some reading in the forum pages. I guarantee you will find the answers to these concerns as they are brought up quite frequently.

In short, the 7 BTC giveaway is explained on the first page and is for very large miners.

Payouts are sent in the next block found.

The payouts below the minimum are considered dust and will be sent when the code is worked out by Kano.
If you've been here for 2 weeks then you are "ramped up" which is just an average of your shares over the last 5x Network Difficulty . These shares and your work is not forgotten, just spread out so if you unplug, lose power or leave, the payouts will keep paying and ramping back down your average until it hits zero.

For more information, you can look further into the thread or ask a more specific question and most likely get an answer. Just keep in mind these are asked repetitively and you may come across some salty responses.

Thank you for your response and expertise.  I had already read everything in the Help>Payouts section on Kano.is, but being new, it's slightly over my head about the nuances of how it works.  What you expressed about the wind up and wind down actually help put it in perspective much easier than what I read in the help section.  That was a helpful analogy, so thank you for that.

If there is an average of 5 days to help make things more consistent, what doesn't seem to be consistent still is the payout on average.  I will search for more information in this forum to attempt to answer my own question. 

dThank you, again, for your great explanation and how this group can possibly treat the naive.