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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1013. (Read 5352429 times)

legendary
Activity: 3990
Merit: 4597
kano said that bitmain is using asicboost, which everybody thought was just patented software.
now, some info came out that bitmain is using asicboost covertly in hardware...check reddit for details.
This "covert" asicboost would be negated by segwit, apparently, which explains why bitmain is so opposed to segwit.
Current exposé also explains very well why they were mining a lot of empty blocks-check it out.

I am not a specialist in soft or hardware, so don't know if such claims are true, but if they are, i expect a reaction.
It would look like bitmain rejected segwit based on very selfish motives.

EDIT: sources say that Segwit blocks can be mined with Bitmain's hardware. However, and this is critical..
Quote
Using the covert, disabled in public hardware ASICBOOST implementation they can not mine blocks with SegWit commitments.

"they" being Bitmain and possibly other miners in cahoots (large pools in china?)
https://www.reddit.com/r/Bitcoin/comments/63oxzv/so_all_this_bitmain_ver_jihan_bu_drama_is/

tl;dr Allegedly, Bitmain sold you a miner with a hardware feature (that it has control over) that enables 20-30% 'faster' mining for them, but not for YOU (as it is switched OFF in publicly available hardware).
sr. member
Activity: 277
Merit: 250
Block by tru27 with 30.44TH/s!  This is your 3rd Kano block and our 2nd of the day!  Cheesy Cheesy
Love them BLOCKS!
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by tru27 with 30.44TH/s!  This is your 3rd Kano block and our 2nd of the day!  Cheesy Cheesy
full member
Activity: 341
Merit: 100
kano? just another quick ? about dust payments.

If someone has a few tiny dust payments do the dust payments get sent out once someone has enough to be over the threshold / or do you still have to manually send all the dust payments out to some on if they ask??



and sorry in advance if this is a ? you have been asked by others a million times already.
Dust payouts are manual, I avoid them like the plague.

ok well all 15 dust payments when added up is an entire whopping 4 cents US worth of bitcoin. So i'm not going to even think about making anyone go threw haveing to send them manually.   lol I guess I might change my turn if btc ever goes to $100,000. 
hero member
Activity: 1092
Merit: 552
Retired IRCX God
and the opposite is also true with slush.  Someone could be at their full hash rate and working for a long time on a long a block, but if they drop out before the last 1hr and 40 mins or so. Then they get nothing if there scoring hash rate is back down to zero at the time the block is done. No matter how much work was submitted before that last hour and 40 mins it takes to drop to zero hash rate. 
Exactly why I left slush. Large power outage like 8 hrs into a 9.5 hour block and I got paid less than 1/1000th of what I was normally getting per block because my "scoring hash rate" was like 20GH/s. I would have made more if I spent that 8 hrs mining the shittiest shitcoin.  Undecided
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block by schmokeandapancake!  This is your 13th Kano block and our 1st of the day! Cheesy
Schweet!!  Lucky 13th block, nice!  Cool

If was solomining and magically had the same hits along the way: 13 x 12.5 = 162.5 BTC, before any solo pool fees and without tx fees.

But the last 250 blocks' luck, I started here in early Nov 2016 so ~200 blocks found, makes my payout amount significantly lower than that.  Hoping for better luck for the rest of 2017...

good luck to all
Yep your luck has been above 100% - but your PPS reward is about 97% for your shares submitted so not doing too badly Smiley
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
kano? just another quick ? about dust payments.

If someone has a few tiny dust payments do the dust payments get sent out once someone has enough to be over the threshold / or do you still have to manually send all the dust payments out to some on if they ask??



and sorry in advance if this is a ? you have been asked by others a million times already.
Dust payouts are manual, I avoid them like the plague.
newbie
Activity: 5
Merit: 0
Block by schmokeandapancake!  This is your 13th Kano block and our 1st of the day! Cheesy
Schweet!!  Lucky 13th block, nice!  Cool

If was solomining and magically had the same hits along the way: 13 x 12.5 = 162.5 BTC, before any solo pool fees and without tx fees.

But the last 250 blocks' luck, I started here in early Nov 2016 so ~200 blocks found, makes my payout amount significantly lower than that.  Hoping for better luck for the rest of 2017...

good luck to all
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Block by schmokeandapancake!  This is your 13th Kano block and our 1st of the day! Cheesy
Schweet!!  Lucky 13th block, nice!  Cool
full member
Activity: 341
Merit: 100
For those who don't know too much about pool payout methods Smiley

... be aware that a "weighted score" payout scheme like Slush's is hoppable:
https://bitcointalksearch.org/topic/m.1146110
The new method (as of a couple of years ago) is a scored PPLNS, which does make it unhoppable now.
Actually not; if you read the fine print, you get paid based on "scoring hash rate" at the time of block. If you catch the tail end of a block @ slush and your "scoring hash rate" is up to your actual, you get paid as if you submitted full shares the entire time.


and the opposite is also true with slush.  Someone could be at their full hash rate and working for a long time on a long a block, but if they drop out before the last 1hr and 40 mins or so. Then they get nothing if there scoring hash rate is back down to zero at the time the block is done. No matter how much work was submitted before that last hour and 40 mins it takes to drop to zero hash rate. 
full member
Activity: 341
Merit: 100
kano? just another quick ? about dust payments.

If someone has a few tiny dust payments do the dust payments get sent out once someone has enough to be over the threshold / or do you still have to manually send all the dust payments out to some on if they ask??



and sorry in advance if this is a ? you have been asked by others a million times already.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by schmokeandapancake!  This is your 13th Kano block and our 1st of the day! Cheesy
hero member
Activity: 1092
Merit: 552
Retired IRCX God
For those who don't know too much about pool payout methods Smiley

... be aware that a "weighted score" payout scheme like Slush's is hoppable:
https://bitcointalksearch.org/topic/m.1146110
The new method (as of a couple of years ago) is a scored PPLNS, which does make it unhoppable now.
Actually not; if you read the fine print, you get paid based on "scoring hash rate" at the time of block. If you catch the tail end of a block @ slush and your "scoring hash rate" is up to your actual, you get paid as if you submitted full shares the entire time.
donator
Activity: 2058
Merit: 1007
Poor impulse control.
For those who don't know too much about pool payout methods Smiley

... be aware that a "weighted score" payout scheme like Slush's is hoppable:
https://bitcointalksearch.org/topic/m.1146110

The new method (as of a couple of years ago) is a scored PPLNS, which does make it unhoppable now.
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
Can someone tell me what the :Hi column means in the invalid detail for a worker?  I have an S7 which is generating over 7% invalids, from whatever the :Hi column means.  I want to figure out if there is anything I can do to the fix it.

It is soon getting replaced by an R4 but I am curious to understand what that column means.

Thanks!

Hey mining buddys,

One cereal give me S5, now what is need to 750W PSU.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
For those who don't know too much about pool payout methods Smiley

... be aware that a "weighted score" payout scheme like Slush's is hoppable:
https://bitcointalksearch.org/topic/m.1146110
full member
Activity: 315
Merit: 120
The discussions about changing the PoW to stop a majority rule is beyond stupid.

SegWit?

Be nice to hit this "almost-an-hour-long" block!  Grin

Truth.  It should be chunky ...
hero member
Activity: 658
Merit: 500
Visualize whirledps
Be nice to hit this "almost-an-hour-long" block!  Grin

It's our turn!

Come on BLOCKSSSSSSSSSSSSSSSSSSSSSS!!!!!!!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...
Meanwhile, on the subject of voting, our top miners are clearly bringing in more hash rate and more soon, we'll see when it happens Smiley
When we get to a few % of the network I'll then be discussing with them (and anyone else who points multiple PHs of hardware at the pool long term) about that voting.

Cool to know. I'm sure people will be happy to hear about planning.  I only threw less than 30 TH, so you won't be missing much.  I just hope I don't find my first block, now.  Cheesy  

I hope I'm still welcome in this forum. I feel terrible.  I simply followed a mantra of 1 hash = 1 vote.

On some of your comments in the past about being a small pool ...  my impression is that the pool and this thread have a larger weight than measured by hashrate.  I think discussions echo out.  Signaling would be more significant than you expect, imo, and it's an important decision to make.  Let's just keep finding blocks and growing bitcoin!

:cheers:
Well I guess to expand on that point, I have made it clear, I think, why the pool isn't voting at the moment.

When I make the PH comment, I don't mean that power sways my decision, I simply mean that I'm open to 'discussions' about what to vote if they can convince me otherwise on technical or philosophical grounds.
But it's based on the fact also that even with the pool at 30PHs we really don't have a say in what happens since we certainly can't directly affect the vote outcome.
'When' we get a lot bigger, then we will have a direct say in it Smiley

However, as I've already said, if the network takes the required swing to accept an option, then those left over should also take that option.
By 'required swing' of course I mean 75% for BU or 95% for SegWit

In either case I expect that if momentum gets going above 50% for either option, it shouldn't be long after that for the rest to switch over also, but until the actual switch point, it's still undecided.

If some other option pokes it's head up that most agree with, then that could solve it also.

Edit: The bottom line is that bitcoin is a peer2peer transaction system, and if the majority says 'X' is what the system should now be, then that's what bitcoin now is.
The discussions about changing the PoW to stop a majority rule is beyond stupid.
If groups want some other alt-coin then go create it, but bitcoin is a distributed peer2peer transaction system that is not controlled by some minority that thinks they are the Bitcoin God.
full member
Activity: 315
Merit: 120
I've personally sent out 3 transactions with fees around 3c and each has been confirmed in what I considered a reasonable amount of time considering the low fee: 33mins for the 1st one and 3.5hrs for 2nd and 3rd

I am totally with you.  It has been great!  I was so used to it that I sent an important transaction with a "high" fee.  It stinks because, as you know, sometimes manufacturers are about timing.  The low fees are great.

I think I sent at a bad time because there were 2,000-ish unconfirmed ... then, 13,000 shortly thereafter.

So what I'm saying is yep something needs to be done soon, but nope neither of the options seem like a good long term solution at the moment.

I agree.  I don't think it's perfect.  

Meanwhile, on the subject of voting, our top miners are clearly bringing in more hash rate and more soon, we'll see when it happens Smiley
When we get to a few % of the network I'll then be discussing with them (and anyone else who points multiple PHs of hardware at the pool long term) about that voting.

Cool to know. I'm sure people will be happy to hear about planning.  I only threw less than 30 TH, so you won't be missing much.  I just hope I don't find my first block, now.  Cheesy  

I hope I'm still welcome in this forum. I feel terrible.  I simply followed a mantra of 1 hash = 1 vote.

On some of your comments in the past about being a small pool ...  my impression is that the pool and this thread have a larger weight than measured by hashrate.  I think discussions echo out.  Signaling would be more significant than you expect, imo, and it's an important decision to make.  Let's just keep finding blocks and growing bitcoin!

:cheers:
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