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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1062. (Read 5352445 times)

full member
Activity: 315
Merit: 120
Yes difficulty increases - pretty much every diff change every ~2 weeks (2016 blocks)
That's called 'more miners'

Can miners or pools be subject to attack?
full member
Activity: 315
Merit: 120
Think 30 days at a time .  Not daily .

Good to note.  I must say this 70 hours between blocks gets a little ... unpredictable on the short.

Or leave a small pool go to a big one.

It looks like a lot of people have done that since October when you look at PH/s.  It also looks like PPS% was well below 91.9 the last few months.  As a small novice who believes in the idea of CKPool, and decrentralizations, I'd like to include others to join.  

It's good to know it takes a longer time span. It does seem to take a little while longer than I would expect to hit a block.

The point is I want to know more about Bitcoin. The difficulty just increasing and the lucky is unstable.

I think difficulty has to do with the number of miners and luck has to do with something on the blockchain.  I'm with you.  Good question.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4


Our lucky is unstable. Is everything wrong with the Bitcoin market?

You need to stretch your mind a bit.

Think 30 days at a time .  Not daily .

Or leave a small pool go to a big one.

Small pools will have ups and downs day by day.

The point is I want to know more about Bitcoin. The difficulty just increasing and the lucky is unstable.
Yes difficulty increases - pretty much every diff change every ~2 weeks (2016 blocks)
That's called 'more miners'

Variance is https://en.wikipedia.org/wiki/Variance
member
Activity: 101
Merit: 10


Our lucky is unstable. Is everything wrong with the Bitcoin market?

You need to stretch your mind a bit.

Think 30 days at a time .  Not daily .

Or leave a small pool go to a big one.

Small pools will have ups and downs day by day.

The point is I want to know more about Bitcoin. The difficulty just increasing and the lucky is unstable.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'


Our lucky is unstable. Is everything wrong with the Bitcoin market?

You need to stretch your mind a bit.

Think 30 days at a time .  Not daily .

Or leave a small pool go to a big one.

Small pools will have ups and downs day by day.
member
Activity: 101
Merit: 10


Our lucky is unstable. Is everything wrong with the Bitcoin market?
hero member
Activity: 658
Merit: 500
Visualize whirledps
Let's solve some BLOCKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
 

Damn, gotta unplug one of the S7's so I can do a load of laundry. Maybe I'll get a LONGGGGG extension cord and run it to my neighbors house for times like this. LOL
The perils of a home miner living on the electrical edge of breakers breaking.  Grin
I'll have it back online after the last spin cycle.  Cool

EDIT: The laundry is in the dryer. S7 crackn' those numbers again. Back to mining!! Yeehaahh!  Grin Grin
That is all.  Cool
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
I'm mining for approx ~4 days and yet to receive my first payout. I'm wondering if there's any support around? BTW; my stats can be found on www.kano.is/address.php?a=1PVKX97TKFAC24yxnFVB789DFC9BwkRqR3 (Mining with an under-clocked SP20E)... Any help would be much appreciated.

Yeah there's the last 2 payouts awaiting us finding a block as per Help->Payouts at the bottom https://kano.is/index.php?k=payout
The rest of your mining over the last month, has been rewarded already other than the dust of course.
hero member
Activity: 658
Merit: 500
Visualize whirledps
Hey folks!  Grin

I know it's not earth-shattering, but I've put my three, slightly under-clocked S7's back on the pool. Hoping I can help out in some way. Unfortunately, I'll only be able to run them ~8 hours a day during the week and probably 16 hrs/day on weekends for now.

They are mainly doubling as space heaters spread around the house. Thus too loud to run during non-waking hours. If I had more power available in my "coin room", I'd put them in there and run 24/7. But they are barely turning profit as is and I would also loose the benefit of the heating assistance if they were in the room with the S9's.

So hopefully that massive ~13TH will help out some. One of the S7's found a block on here many moons ago. I think it was one of the S7's, but it may have been an S9. Anyway....

Let's solve some BLOCKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
 
full member
Activity: 173
Merit: 100
Unless I haven't had enough coffee, that figures to about 1.5 S3s...?  Cool

Yup, pretty much  Cheesy
legendary
Activity: 952
Merit: 1003
Unless I haven't had enough coffee, that figures to about 1.5 S3s...?  Cool
hero member
Activity: 777
Merit: 1003
Oh, sorry I misread your other post, I saw "~4 hrs/day" not "~4 days".  Embarrassed

Mine On!  Wink
full member
Activity: 173
Merit: 100
Mining with that miner only 4hrs per day, I would estimate your effective 5ND hashrate would be 200-250 GH/s.
You need to be over 400 GH/s to be above dust level.

I'm running it 24 hours a day. My current hashrate is 800+ GH/s
hero member
Activity: 777
Merit: 1003
Mining with that miner only 4hrs per day, I would estimate your effective 5ND hashrate would be 200-250 GH/s.
You need to be over 400 GH/s to be above dust level.
full member
Activity: 173
Merit: 100
Considering your hashrate and the timing, I'd think you had a couple dust rewards (which won't go out until someday...) and you now have a couple payments waiting for our next block to confirm them since they are zero cost transactions.

Just a guess, tho.  If you want better stats you should setup an account/username and then more info is available from the webpages.



I've created an account but I'm going to bother creating a worker or changing configuration in miner.
I'll let it running and hopefully payment will come sooner or later.  Wink
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Considering your hashrate and the timing, I'd think you had a couple dust rewards (which won't go out until someday...) and you now have a couple payments waiting for our next block to confirm them since they are zero cost transactions.

Just a guess, tho.  If you want better stats you should setup an account/username and then more info is available from the webpages.

full member
Activity: 173
Merit: 100
I'm mining for approx ~4 days and yet to receive my first payout. I'm wondering if there's any support around? BTW; my stats can be found on www.kano.is/address.php?a=1PVKX97TKFAC24yxnFVB789DFC9BwkRqR3 (Mining with an under-clocked SP20E)... Any help would be much appreciated.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4

[...]but implying the pool could pay them sounds the same as saying the pool fees are high.


Not really, and pool does not pay them, it gets them back with the extra space on the next block. It's basically like this:

(To make things simple, lets say tx is 10kB, and the lowest tx fee of the last block per kB is 1mBTC, thus tx fee is 10mBTC)

- Pool pays for tx fees, i.e. 10mBTC
- On the next block, there will be 10kB more space for transactions. Thus, the block will be worth ~10mBTC more, that will go to the pool.

Pool fee stays the same, rewards for miners stays the same... but earlier!

Note: for this to work the tx for the payments needs to pay the same price per kB as the lowest paying 10kB of the last block (since it will be more or less the same as the next one, and its data already available) This amount is not gonna be 0.

99.1% of the reward goes to the miners.
If the reward was (magically) 10mBTC more, then the miners get 9.91mBTC of that ...

Me (the pool) getting 0.09mBTC more per block doesn't pay the fees ... which currently would need about 17.5mBTC per payout
... so I have to increase the fees, or running the pool suddenly costs me a whole lot more ... about 0.7BTC a month to add txn fees at the moment that supposedly would confirm in 25 blocks ... then when there's spam, that increases the cost per 1K to confirm, I'd have to increase the fees even more ...

Of course if any of our blocks contain any zero fee transactions (other than the payout) then removing the payout would not increase the reward at all in those blocks ...
... as I've already pointed out ... removing the payout will not magically add the same amount of mBTC in fees coz the end of the block is normally low or zero fee transactions.

Or we continue to do it as I do ... zero fee txn so no one pays any txn fees to get their (non-dust) rewards.
Since that's WAY better than any other pool, I like the idea also.
Even Slush decided to add that on his pool - I guess he liked my idea Tongue ... though he charges more than twice the pool fees I do.
newbie
Activity: 11
Merit: 0

[...]but implying the pool could pay them sounds the same as saying the pool fees are high.

[/quote]

Not really, and pool does not pay them, it gets them back with the extra space on the next block. It's basically like this:

(To make things simple, lets say tx is 10kB, and the lowest tx fee of the last block per kB is 1mBTC, thus tx fee is 10mBTC)

- Pool pays for tx fees, i.e. 10mBTC
- On the next block, there will be 10kB more space for transactions. Thus, the block will be worth ~10mBTC more, that will go to the pool.

Pool fee stays the same, rewards for miners stays the same... but earlier!

Note: for this to work the tx for the payments needs to pay the same price per kB as the lowest paying 10kB of the last block (since it will be more or less the same as the next one, and its data already available) This amount is not gonna be 0.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4

Pool fees here are low, if you think they are too high, then by all means, mine somewhere with lower fees, that also pays txn fees to the miners, i.e. above PPS Smiley

Where is this coming from? O_o I didn't say anything about high fees, why this random invitation to mine somewhere else?

O_o
Well I'd have to increase the fees if you want me to pay the transaction fees, I think they are currently low, but implying the pool could pay them sounds the same as saying the pool fees are high.

I don't charge high fees, to spend on payout transactions ... though all the big pools also charge extra fees to get your BTC from them.
Thus they have no transparency since the BTC disappears into a dark hole somewhere and comes back out when you ask them to send it to you, less extra fees.

BTC doesn't flow from nowhere. Nothing random.
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