Bad luck
I would like to point out that lifetimes stats for luck on kano.is
are 101.17% for 2429 blocks
but that for the last 1000 blocks
the luck is 96.02%
and for the last 500 blocks
the luck is 92.41 %
This last 500 blocks took 153.8 weeks
153.8 weeks is very close to 3 years ago.
May 27 2017 is 3 years ago.
June 15 or June June 16 2017 is 153.8 weeks ago
My point is once BTC became valuable or more valuable
Kano.is has had really bad luck.
Coinbase price on:
June 11 2017 about 3000
July 13 2017 about 2300
Aug 14 2017 about 4300
Sept 15 2017 about 3700
Oct 17 2017 about 5500
May 27 2020 about 9200
I could go on and since I am a stupid moron I will go on.
500/.92 = 543.47
so kano.is is off 43.47 blocks since his last 500 blocks made.
So As a stupid moron I ask why has kano.is had brutal luck over the last 500 blocks made by the pool.
Why did kano.is have great luck when they made the first 1929 blocks
the luck was so good when blocks were worth very little
the luck is brutal when blocks became valuable.
Does it mean anything? I don't know I am a stupid moron.
but 105% for 1929 blocks. coins under 3000
and 92% for 500 blocks. coins over 3000
So even if solo.ckpool sucks and lost 3 to 4 blocks out of 255 blocks
kano.is has had a 500 block 153.8 week unlucky streak.
But as i said I am a stupid moron. Please correct my math if I made any errors.
Personally if possible I would mine in a:
kano.is solo pool
solo.ckpool
pps+ pool
this is the problem with kano.is an extended downturn since may of 2017
PPS is more and more what people want.
If it's good for the miner / pool operator has to be determined on an individual basis.
Personally, I have about $7.50 in dust left on Kano's pool since 2016. Due to PPLNS and the lack of luck, it's just a write off to me at the moment, never going to get paid and unless I put some crap miner on there when they happen to get lucky and find a block I'm never going to get paid. In terms of crypto mining losses it's a small one.
For smaller pools like Kano and Laurentia, PPS is looking to be the only way to gain more users. A small user might mine there knowing they will get paid what they mine (minus the fee) if they grow into a larger miner they might stay.
But, very few larger miners are going to move to or start with a small PPLNS pool.
Same with Laurentia I am not going to mine here, I just changed out some equipment and barely have 1PH.
It's all older, outdated, inefficient gear. But since I have fixed power costs it works for me.
Since I have fixed expenses PPS works best for me.
Having had many discussions with other people what I am doing seems to be a recurring theme.
-Dave