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Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG
Ok! I understand now!!thanks for help!
You are very welcome, my friend
The hardest part for miners that are new to this pool is understanding the 5ND and PPLNS payout system, and getting used to our variance (i. e. some days we hit 3 blocks and sometimes it takes 3 days to get 1 block). However, once you've been mining here for a while (more than a couple months) you'll begin to see that this is the most profitable place to mine. Kano, our pool operator is incredible at staying on top of everything and keeping us informed, and this community of miners are very knowledgeable, helpful and fun!
For sure, there have been difficult months (Feb was brutal!), but by hanging in there, eventually our luck turns around and we are back in the black. Thanks for joining us! You'll be happy you did
Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG
Hello!i was mining on the pool with 65 TH for more than 2 days when the block happened...my reward was for 25TH as it says at the rewards page...can someone explain that to me?i should get more than 60 usd for more than 2 days but i got 16 instead...
If you were only mining for 2 days, then you weren't fully ramped up (takes approx 7 days to get to your full 5ND) so your reward sounds about right. Do a quick search on this topic and you'll get many explanations of 5ND and PPLNS payout system. In the meantime, mine on!Re: [125+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG
I am now at KANO with ~250 th/h and so far I dont see any advantage to slushpool.
I get ~0.0079 bitcoin for a block found ~2 days at kano with 250 th/s
I get ~0.0250 bitcoin every day for n blocks with 150 th/s
so what's the point on staying at kano? Or do I just have to wait to get more % share of the network after these "7 days and 10 hours" ?
I get ~0.0079 bitcoin for a block found ~2 days at kano with 250 th/s
I get ~0.0250 bitcoin every day for n blocks with 150 th/s
so what's the point on staying at kano? Or do I just have to wait to get more % share of the network after these "7 days and 10 hours" ?
Can't happen over night mate. You have to be patient.
Ditto!!! Once you get that "paid by the day" out of your mind, and let the reality of the ACTUAL rewards settle, you'll understand it.
Try to think of it as a Regular paycheck. When I go to work, I get paid on Friday. Not every day.
The ramp will be over before you know it, and your percentage will be much, much better. Be strong!!! Purge that Corporate filth from your mind!!! Ha!!!
sure, i'll wait and compare within the next few weeks.
Mine on!
Re: [45+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
the S9 hash give-away draw is done.
i will announce (and configure) as soon as i get Kano's feedback...
EDIT
...and the winner is BSGMiner!
now go get us that block!!
Oh, this is so awesome! I just randomly logged in after work and saw 2 workers! i will announce (and configure) as soon as i get Kano's feedback...
EDIT
...and the winner is BSGMiner!
now go get us that block!!
Thank you so much! This is so cool!!!
Thanks luxMiner, for making it more fun to mine here!
Now let's crack this block!
Re: [45+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
Signed up pointed my miners over lets hope they find a block here at some point
they were on a solo mission for the past year .
DrSha is in the building..
https://imgur.com/a/ac26S
Thanks for that info kano that cleared up the confusion surrounding that.
Welcome, DrSha! Every bit of hash helps. Mine on! they were on a solo mission for the past year .
DrSha is in the building..
https://imgur.com/a/ac26S
Thanks for that info kano that cleared up the confusion surrounding that.
Re: [45+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
You guys are acting like I am trying to steer people away from this pool when I am doing the opposite. I am merely making suggestions. The same people that complain that this pool may become too small to maintain relevance dont want to hear varying opinions from their own. I dont fail to see anything, long term miners, that dont intend to ramp down ever, dont have any benefit to this long ramp up time as it is 25% of your btc earned in the first month lost. If you want to gain new miners you have to try new things to maintain relevance. Speaking from experience.
The "ramp down" effect can be very important even for those of us who never plan to leave. As you know, sh-t happens, such as power outages, and that is when "ramp down" really helps. Say your gear goes down for 6 hours and we hit a block, you'll still get paid (almost your full amount because 5 hours offline doesn't hurt your avg hash rate that much over the 5ND). If you mine on PPS pool and your gear goes down, then you get paid nothing if they hit a block when your down. Very important difference.Mine on, my friend
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
@DrSha: Thanks for the extra info on how mining works a few pages back. I turned off the "noob filter" on my messaging - didn't realize I had it turned on.
@Kano: Thanks for all the detailed info on what actually occurs during mining. I'm gonna have to read it about 100 times before I can pretend to understand it all Hahaha.
The luckiest kid who went to high school with Kano is the one who sat behind him in math class - they both got straight A's - lol
Mine on!
@Kano: Thanks for all the detailed info on what actually occurs during mining. I'm gonna have to read it about 100 times before I can pretend to understand it all Hahaha.
The luckiest kid who went to high school with Kano is the one who sat behind him in math class - they both got straight A's - lol
Mine on!
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
But we're still on "this block", so in essence...yes we're still trying to "crack this block".
echo $_ | sed "s/this block/our next block/g"
But we're still on "our next block", so in essence...yes we're still trying to "crack our next block".
Yep. That's better.
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work. Pretty sure Kano can explain this much more accurately.
Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.
Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.
We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.
The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.
But we're still on "this block", so in essence...yes we're still trying to "crack this block".
Edit: And of course, at any point in time, the block we are trying to solve is "this block". It's just that "this block" is a group of different blocks since our last one. Ok, I think this horse is dead so I'll stop beating it.
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
I could be completely wrong here, but my understanding is that each miner is given work to do and while that work is independent of everyone else's work, everyone is contributing to finding the solution. That means, even a low hash rate worker has a chance of solving the block. I have always assumed that solving the block was a "brute force" method, so the pool just hands out work to everyone (Here, try this. Now, try this., etc.) The reason larger hash rate miners crack many (most?) of the the blocks is because they can try so many more attempts than a low hash rate miner. However, the attempts that a small miner makes (even if they fail) are still helping the pool because those are attempts that the other miners don't have to make because Everyone gets unique work. Pretty sure Kano can explain this much more accurately.
Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.
Your understanding is correct. It is the total hash rate that matters, and workers are given their own space that will pretty much never overlap with the space of other miners.
We're all brute forcing a double SHA256 hash with slightly different parameters (nonce, time, extraNonce) and some of the same (merkle root, previous block, version) and each miner has effectively an infinite search space with those variables.
The other thing to remember is that while people talk about "cracking this block" its actually been hundreds of blocks on the network, we just didn't brute force it before someone else on the network did.
While I couldn't recognize a Merke root from a ginger root or a nonce from a sconce, it's nice to know I at least had the general concept down. I also knew that once the network finds a block we've moved on to trying to solve the next, so yeah, "cracking this block" is just a convenient, albeit innacurate expression.
Gonna do more reading to see if I can ever really understand this at a deep level.
Thanks again
Mine on!Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
Newbie question. When a block is cracked did others in the pool directly share work to crack that block? Im not sure if block mining is truly distributive, or statistically distributive, as in you only need one machine to find the block, and the more machines the quicker.
My understanding is that each machine is truly independent of each other. The concern I have is that if you have two machines, I don't think they collaborate so they can actually waste effort by trying the same solutions that did not work.
Nicely said!! (All newbies should read this - it might just reduce the number of posts significantly
)Mine On!!
Edit: To cut to the chase, assuming two pools are run exactly the same (e.g Kano S3 pool and Kano S9 pool) a 100PH pool made up of nothing but miners running S3 rigs, will be just as successful at cracking blocks as the 100PH pool made up of nothing but S9 rigs. (Not talking efficiency here, just block solving capability). Total pool hash rate is what counts, not how you got there.
Re: [50+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
This pool seems to be ONLY for the people who spent megabucks on mining equipment.
Their web page should have a warning that you can mine for MONTHS and never see a penny.
I'm a small miner and I've done quite well here over last two years (better than other pools I mined on). I haven't cracked a block yet, but small miners do crack blocks from time to time, so maybe I'll get lucky and crack one soon. Their web page should have a warning that you can mine for MONTHS and never see a penny.
Mine on!Re: [55+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
Some very sensitive fellas here these days. I'm just a little piss ant hobby miner, but I've been here two years so I know who the good guys & gals are...and Carl is one of the good guys - very knowledgeable and very helpful. And Kano really knows his stuff, is totally transparent and brutally honest (sometimes a bit kurt, but we like him that way - no BS). Soooo...I really appreciate all the new miners helping out this pool, but for goodness sake, if you can't take some corrective criticism, well yes...exit signs are clearly marked. No offense intended.
Mine on!
Mine on!
Re: [40+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
This may seem like a dumb question, but is there somewhere I can look on the site that will show we are getting close to a block or we don't know until it's found? The way Kano worded his response about getting to 100%, I feel like maybe I am missing something. Trying to better understand it all. Thank you for shedding light.
On the Kano.is site in the top left next to shares is a %. That is the expected work to find a block, at 100% a block is expected. How far over or under 100% is the diff%.
History has no effect on future luck.
But this actually means something else also:
The next block is always 'expected' to be 100% from 'now' not 100% from the last block.
A simple example to explain that would be:
If I run a pool and then when it gets to 90% Diff, shut down the pool, and start a new pool.
Will that new pool be expected to find a block in the first 10% Diff?
No, there's a bunch of CDF stats about the likelihood of that, but the expected next block, for the new pool is 100% at the point when it first starts.
The reason this makes sense is that: Luck is a measurement of the past - but luck plays no part in what you 'expect' to happen.
So when some other pool says "Hey we're close to 100% we should find a block soon" then you know to stay away from that pool if the pool OP doesn't correct that false statement.
People like to hang out near Roulette tables and after seeing 10 reds go big on Black but it is still the same odds each spin
https://www.caesars.com/casino-gaming-blog/latest-posts/table-games/roulette/gambling-myth-monte-carlo-fallacy
Re: [40+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
It's always nice to wake up and find out that we found a block while I was sleeping
Thanks Cobra!
Thanks Cobra!
Now you know what it feels like to be a firefighter! BTCBTCBTC
Re: [38+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
Did you mean slushpool.com ?
Why are you thinking it's better?
PS
ping stratum.slushpool.com
PING stratum.slushpool.com (54.160.42.250): 56 data bytes
--- stratum.slushpool.com ping statistics ---
6 packets transmitted, 0 packets received, 100% packet loss
Why are you thinking it's better?
PS
ping stratum.slushpool.com
PING stratum.slushpool.com (54.160.42.250): 56 data bytes
--- stratum.slushpool.com ping statistics ---
6 packets transmitted, 0 packets received, 100% packet loss
Never mind. I saw here on the forum experienced members were jumping to Slush when those tx fees were freaking high.
The experienced and knowledgable miners stay right here.
Re: [38+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,JP,NL,NYA 🐈
Im thinking about joining Kano pool. I started out mining recently at BTC.com but have recently learned that they are more concerned with themselves than the crypto community. Can anybody with experience tell me what to expect differently switching to Kano? Currently I get some BTC every minute or so it seems like and then get the payout at 6pm every night with a little extra from transaction fees. Im just curious what to expect from Kano. Ill only have about 20th to bring to the pool for now until I get some more mining funds and can buy a few more miners.
You need two things here at Kano pool. Patience and a decent pair of dance shoes. If you can summon up some patience and stick out your ramp-up time you will have higher payouts than anywhere else. You will also experience a very active pool community and a very responvie pool operator.
I always have patience for money. I still havent figured out the whole ramp up thing yet but Ill figure it out as I go.
You've made a smart move by joining this pool. mine on!
[Edit] Oh, and in addition to block dancing, eating chicken is also important important part of increasing our luck
Today I'll be making chicken tikka masala so pretty sure we'll find a block today.