KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2440 blocks

[Node1]

Anyone who was mining on the pool with an apollo, it's blocked from mining PPLNS - only allowed mining Solo.
As mentioned in their thread, they've not bothered to do proper block level testing, so they're relegated to Solo for now.

[…]

User „wavelengthsf“ said he found a block on the testnet. Isn‘t this enought to confirm that the Apollo can find a block?

[wavelengthsf]

Anyone who was mining on the pool with an apollo, it's blocked from mining PPLNS - only allowed mining Solo.
As mentioned in their thread, they've not bothered to do proper block level testing, so they're relegated to Solo for now.

[…]

User „wavelengthsf“ said he found a block on the testnet. Isn‘t this enought to confirm that the Apollo can find a block?

The risk is that a share for the mainnet needs a 64 bit number, and without looking at the source of the miner, you don't know they're handling it well. I've gotten shares as high as 17G with my apollo on the mainnet.

[kano]

Anyone who was mining on the pool with an apollo, it's blocked from mining PPLNS - only allowed mining Solo.
As mentioned in their thread, they've not bothered to do proper block level testing, so they're relegated to Solo for now.

[…]

User „wavelengthsf“ said he found a block on the testnet. Isn‘t this enought to confirm that the Apollo can find a block?

No.

Being able to find a share is not enough proof that a miner works.
A testnet block is actually pretty much the same as a bitcoin pool share.
A miner needs to be able to handle 64 bit shares before it is at least considered tested.
Their code is hidden, so you can't check it either.

A block is just a share with much higher difficulty, the miner doesn't need to know when a share is a block.

Genesis, running buggy software that didn't handle 64 bit shares, was the reason slush lost 28 blocks in a month back in Dec 2015

Alas the apollo team has already claimed that being able to mine any share is good enough testing of their miner.
It's certainly a concern that they sell a miner that isn't even properly tested but leave testing up to the people who buy the miner.

However, I do already know that it works for greater than 32 bit shares.
Someone else has run the miner long enough solo mining on my pool to prove that.
I wonder what their response would have been if I had found proof that the miner didn't handle 64 bit shares ...

Alas apollo has stated that they will create a 32 bit version of their miner, and who knows if that will work, or how to identify the 32bit version.
So until I can see that the 32 bit versions also works, it will continue to be restricted to solo.

[NotFuzzyWarm]

apollo has stated that they will create a 32 bit version of their miner, and who knows if that will work

One has to ask: Why?
Even a RasPi-3 has a 64-bit CPU. What, does someone want to run the software on a Pentium under Win95?

[Node1]

Thank you for detailed information @ wavelengthsf and kano

[DaCryptoRaccoon]

403d without a block starting to wonder if one will ever come round again   

[gt_addict]

403d without a block starting to wonder if one will ever come round again   

Yea it will. I’m hoping I get a notification while im away on a Stag weekend. Usually get a block when I’m on holiday lol.

[SerbianFarm]

Hello Kano,

I wouId like to join your pool, I really like the principes and what you did for the network.

But if I join you now, I am affraid of earning "nothing" : the pool is actually over 300% shares for the current block. If I join you with my "small" hashrate, I will earn almost nothing, because I will no have the time to share suffisantly shares. Am I right ?  (= nothing on the current block + next in long time to wait for)

[kano]

Hello Kano,

I wouId like to join your pool, I really like the principes and what you did for the network.

But if I join you now, I am affraid of earning "nothing" : the pool is actually over 300% shares for the current block. If I join you with my "small" hashrate, I will earn almost nothing, because I will no have the time to share suffisantly shares. Am I right ?  (= nothing on the current block + next in long time to wait for)

Well, it's a case of long term between blocks due to the current small size of the pool.
If we can get some more sizeable miners to join, the time between blocks would reduce dramatically.

With respect to earnings, you'd currently get about a 3 month payout if you mine for more than 3 days before the next block.
The 'current' block is always your share of the work of the 3 days before it's found.

[Biffa]

Also, because of the way bitcoin mining works, we might find a block 3 days after you start mining! 

[paramind22]

Is there a danger that if a block isn't found, all the last year's hash power will be for nothing for the miners involved? (I realize it would at least be circulating the blockchain).

[kano]

Is there a danger that if a block isn't found, all the last year's hash power will be for nothing for the miners involved? (I realize it would at least be circulating the blockchain).

A block will be found. Like the 2432 blocks before it.
Alas the timing of when it will be found is uncertain, like on any pool.
The difference here at the moment is that the pool hash rate makes the 'expected' time to a block a few months.
See Help->Luck on the web site to understand block finding probabilities: https://kano.is/index.php?k=poisson

[Tornado_of_Coins]

Correct me if im wrong, but if those huge farms with 10, 100, 1000x times the hash rates we have are getting blocks, is it possible were not getting any because of that? Like think of it in terms of us being a single S9 and them being 1000 S9's and were both solo mining?

[kano]

Correct me if im wrong, but if those huge farms with 10, 100, 1000x times the hash rates we have are getting blocks, is it possible were not getting any because of that? Like think of it in terms of us being a single S9 and them being 1000 S9's and were both solo mining?

Every single hash that everyone does has the same chance of finding a block.
If someone is hashing 100x faster than you, then they 'expect' to find 100x the blocks you do.

It's not a race to get a block, since each hash you do has no effect on the previous one.
KanoPool sends you new work every time a bitcoin network block is found, so you just keep on hashing.

The 'expected' time per block is 100% difficulty of mining shares.
That mining does not care if you were only mining on 1 block, or 1000 blocks, as long as you keep switching work quickly each time a bitcoin network block changes, you keep counting those hashes.
When you are too slow to switch work, that's called a 'stale' share.
Of course some 'stale' shares can't be avoided - but the pool average shown at the moment is 0.18%
The % of your own shares that will be 'stale' will depend on how far you are from the node you mine to and how quickly your miner can switch work when told to.

Help->Luck explains the statistics.
https://kano.is/index.php?k=poisson

[DaCryptoRaccoon]

Any calculations on how we are looking mathematically on expected kano?  I enjoy those posts where you breakdown the pool stats.

Lets hope we smash a block soon I could really use a payday!

[kano]

Any calculations on how we are looking mathematically on expected kano?  I enjoy those posts where you breakdown the pool stats.

Lets hope we smash a block soon I could really use a payday!

That's the number on the top left of the web site pages.
Currently 312.11%

[paramind22]

I'm not a pessimist by nature and always champion the little guy when I can, but every year more miners are being made so every year things change.   I don't doubt you will find another block, but it seems like it could be like this more and more.

[kano]

I'm not a pessimist by nature and always champion the little guy when I can, but every year more miners are being made so every year things change.   I don't doubt you will find another block, but it seems like it could be like this more and more.

I point out the share levels every once in a while in the discord channel, best so far this month is a 3.9T share.
Less than 5 times higher than that equals a block.
We've also had 5 over 1T so far this month, it's just random, we'll get the next one soon enough.

[thatguyontheinterweb]

Hi, I was doing some of my own math, probably not that good, but it makes sense to me, so correct me if I'm wrong.
Kanopool is currently hashing                                 ~5PH/s
Slushpool (what I mainly mine out of) is hashing at  ~6800PH/s
Worldwide is currently hashing                                ~150000PH/s
Blocks mined a day                                                ~150 blocks

I think it's accurate to say that depending on your pools size is the likelihood to finding a block.

So if there are 150 blocks a day mined and if your pool is mining 1EH/s, chances are you'll get 1 block a day compared to the total hash rate. Seems right to me because Slush averages about 6-7 blocks/day. So, applying this to Kanopool, 150 blocks/day * ~1/30000 of the mining share = 1 block/200 days. Is this about right? The odds of hitting a block depending how lucky/unlucky you are?

The last block Kanopool mined was 436 days ago, so chances are that the pool is well overdue. Which to me sounds like I should divert the few miners I have at Kanopool (about 50TH/s, just what I can do on my own). However, 1/30000 is just such a small chance that it may just be likely that getting that lucky may not happen.

I guess what I'm asking is, is my math accurate and can you add something that I may/may not know to add my miners in, albeit small? I want to help, but I can't deny the slow and steady of Slushpool.

[paramind22]

mmpool just mined a block, and that's a pretty small pool.  I think it had been about 3 years for them.