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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1025. (Read 5352445 times)

newbie
Activity: 11
Merit: 0
Not sure if asked already, but in case of network split, which chain will this pool mine on?
newbie
Activity: 26
Merit: 0
Understands now. Thanks

Do I have to stay until payout or it doesn't matter?

Quote
You will be rewarded in all blocks found in the 5Nd after you stop mining ... ... ...

There is an exception. If you drop to dust you don't get it.

Dust is lower then .0001 but that is my  tired old'head  telling me to type this so I could be wrong.
All amounts are rewarded, the payouts are only (automatically) sent for non dust and people who have a payout address.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Do I have to stay until payout or it doesn't matter?

Quote
You will be rewarded in all blocks found in the 5Nd after you stop mining ... ... ...

There is an exception. If you drop to dust you don't get it.

Dust is lower then .0001 but that is my  tired old'head  telling me to type this so I could be wrong.
All amounts are rewarded, the payouts are only (automatically) sent for non dust and people who have a payout address.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Do I have to stay until payout or it doesn't matter?

Quote
You will be rewarded in all blocks found in the 5Nd after you stop mining ... ... ...

There is an exception. If you drop to dust you don't get it.

Dust is lower then .0001 but that is my  tired old'head  telling me to type this so I could be wrong.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Do I have to stay until payout or it doesn't matter?

Quote
You will be rewarded in all blocks found in the 5Nd after you stop mining ... ... ...
newbie
Activity: 26
Merit: 0
Do I have to stay until payout or it doesn't matter?
newbie
Activity: 10
Merit: 0
hi guys  i am new in  bitcoin world  and today a start mine on kano whit an Spondoolies-Tech SP31 .my hash rate is  3.94 th/s  how long i need to wait until my first pay ?i was mining on slush  was much easy to understand it

Hey Je_Mario,

 1) You have to wait for the pool to find a block
 2) That block has to be confirmed 100 times to be payout eligible
 3) After the found block has been confirmed 100 times, it will be paid out when the pool finds its next block (to avoid transaction fees)

Note: You will be paid on a PPLNS basis, so your payments will "ramp up" as you stay on the pool for ~4 days. However, that also means, if you leave the pool, your payments will ramp down over ~4 days (so in the end, you are neither advantaged nor disadvantaged by the ramp... its just a timing thing)

legendary
Activity: 3990
Merit: 4597
By usernamehere! 13TH. Welcome to the acclaim board.

this guy selfdescribed on march 16 as s9v1 ...
legendary
Activity: 952
Merit: 1003
https://imgur.com/a/aXwgH  Thought you all would enjoy this. Reminds me of the many discussions this pool has as well as me🤓

Best Regards
d57heinz
Yup...indeed. Good one.  Kiss
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block! by Tech-Display Smiley
2.1BTC fees
A7v2 Smiley
and a payout confirmed

Nice job Tech-Display!  Welcome to the Acclaim Board with your 1st Kano block! Cheesy

Block Fridayyyyy! Cheesy Cheesy
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Woo Hoo Block Friday begins! Love all those juicy fees, yummy!! Cool
sr. member
Activity: 508
Merit: 250
Block! by Tech-Display Smiley
2.1BTC fees
A7v2 Smiley
and a payout confirmed

Another Biggie my friends! Awesome! 
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block! by Tech-Display Smiley
2.1BTC fees
A7v2 Smiley
and a payout confirmed
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
What size blocks would "BU" have?

My understanding is 8MB.

Find me a block size option that is just a block size option ...
There isn't one, they all throw in some other agenda that they want and pretend it's just a blocksize solution.

I can see that.  I guess it seems like something needs to be done about scaling.  Bitcoin is not scale-able with current tx/sec capabilities.  I don't know much, but when I'm getting lunch at a food cart I do not want to wait for confirmation before they start making my veggie burrito sin queso.

My layman mind looks at SegWit as leaving the blockchain, moving away from decentralization, and the status-quo can lead to high fees.  Unconfirmed txns are down now, but were up to 70,000 at one point.

EDIT: I am concerned about the possibility of a fork in BTc.

Well it's a distributed peer2peer transaction system with a specific blockchain and transaction design.
I don't see Bitcoin as ever being a "all transactions ever occurring on the planet" transaction system.

It's simply one of many available transaction systems.

If you want something that handles the whole planet, then you are not talking about Bitcoin, you need to design something else.
The problem I see about, not with, Bitcoin, is too many people saying they want something else, core included, and then trying to change Bitcoin into something else (and that will fail)

Bitcoin works as it is and does what it does.

As soon as someone says "I want it to do more transactions per second", then the obvious retort is "How many?"
No matter what you do, there will always be a trade-off limit of transactions, beyond which a reliable peer2peer system wont be viable.

Yep more transactions/a bigger block size would be ideal at the moment, but suddenly growing too much or trying to reach too high will fail.
full member
Activity: 315
Merit: 120
What size blocks would "BU" have?

My understanding is 8MB.

Find me a block size option that is just a block size option ...
There isn't one, they all throw in some other agenda that they want and pretend it's just a blocksize solution.

I can see that.  I guess it seems like something needs to be done about scaling.  Bitcoin is not scale-able with current tx/sec capabilities.  I don't know much, but when I'm getting lunch at a food cart I do not want to wait for confirmation before they start making my veggie burrito sin queso.

My layman mind looks at SegWit as leaving the blockchain, moving away from decentralization, and the status-quo can lead to high fees.  Unconfirmed txns are down now, but were up to 70,000 at one point.

EDIT: I am concerned about the possibility of a fork in BTc.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block! by mediv Smiley with 12THs Smiley
Probably an A6
2.26BTC txn fees Smiley
and a payout

I really love the big fat ones like this...and a payout as well! Cheesy

So what about a switch to BU?  Wouldn't increasing the blocksize allow more transactions and, thus, more fees?  
Find me a block size option that is just a block size option ...
There isn't one, they all throw in some other agenda that they want and pretend it's just a blocksize solution.

However, my actual requirements are something that isn't "set it to X and then we'll fix it again next time"
i.e. next time should be quite a way away.
BIP100 solved that problem without assuming the internet will be upgraded by warp travelling aliens in the near future (BIP101)
legendary
Activity: 3586
Merit: 1099
Think for yourself
Block! by mediv Smiley with 12THs Smiley
Probably an A6
2.26BTC txn fees Smiley
and a payout

I really love the big fat ones like this...and a payout as well! Cheesy

So what about a switch to BU?  Wouldn't increasing the blocksize allow more transactions and, thus, more fees? 

Yes, more fees but lower fees as well.  The more block space available the more lower fee/no fee transactions get processed as well.

What size blocks would "BU" have?
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
https://imgur.com/a/aXwgH  Thought you all would enjoy this. Reminds me of the many discussions this pool has as well as me🤓

Best Regards
d57heinz
full member
Activity: 315
Merit: 120
Block! by mediv Smiley with 12THs Smiley
Probably an A6
2.26BTC txn fees Smiley
and a payout

I really love the big fat ones like this...and a payout as well! Cheesy

So what about a switch to BU?  Wouldn't increasing the blocksize allow more transactions and, thus, more fees? 
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
By usernamehere! 13TH. Welcome to the acclaim board.

Longtime lurker, first time poster! I logged into my miner today to check on it, and saw that it found my first block! I couldn't believe it since I'm just a small hobby miner, so came here and to kano.is to verify.  Grin Grin

I hope it's not my last.  

https://i.imgur.com/N6qe5i8.png

FWIW: S9v1

I was curious about what the chances are of getting a block on March 11th with a hashrate of 13TH/s.  So I did the math on this and it looks like with 13TH/s hashing rate, a machine had a probability of 0.00036% of finding a block with the given the network hashrate of 3,550,270 TH/s.
13/3,550,270 = 0.0000036 == .00036% probability of finding a block every second
...
Current diff 460,769,358,090.7 (and was when you found the block)
13TH/s is 1 in 1,761.9 of finding a block in a day.
http://tradebtc.net/bitcalc.php

However, the reality is that if you consider someone with 25PH/s would be 3125 x A7 741 miners, and one of those 3125 8TH/s miners finds a block, as is expected to happen at the moment once every ~22hrs, it's no different to one miner on a 25TH/s pool with 8THs finding a block.

Yes it's lucky for that specific 8TH/s to find a block, but one of them is expected to find one on average every ~22Hrs, so it's not unexpected, but rather, it's expected Smiley
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