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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1202. (Read 5352527 times)

hero member
Activity: 658
Merit: 500
Visualize whirledps

 Cool Cool Cool  "Weir" everywhere!  Grin

I make a lot of my own foodstuffs...bread, luncheon meat, bacon, dehydrating, etc... and I make my own super-premium ice cream. My favorite is a French vanilla/coffee infused sort that I proudly call "MIckey's Mocha."  Grin

BTW...glad the rain bands didn't do you in. I've got friends down on the SE coast that weren't so lucky...but they'll be OK. Not the first time, and surely won't be the last.

Sorry for the OT.
Thanks! I'd love to try some of that ice cream! How about shipping with some dry ice?  Wink

I met Mickey Hart when he and his band played at a music and arts festival down the road a few years ago. A very nice guy! His band is excellent also. If you ever get the chance, check him out. He is one smart drummer too! Smiley

p.s. Yes, the eastern parts of NC and SC really got slammed and are still flooded. Lots of loss of life from drowning also. When someone in the know tells you to evacuate, you probably should. Sad
We escaped with just a day of rain.
legendary
Activity: 938
Merit: 1000
Good explanation. Point taken !
legendary
Activity: 1726
Merit: 1018
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.

The alternative to all those small payouts, which is what causes you to require a larger fee to move your BTC, is that Kano keeps a hot wallet on the pool side.  A hot wallet makes a hacking target and opens everyone up to the possibility of a large loss.  Kano has said he doesn't want to keep a hot wallet so that's why we get the small payouts which in turn means a larger fee for us to spend it.  What I do is keep a mining wallet and when it hits about 1BTC I move that to another wallet where I keep most of my BTC.  So when I spend, I spend from my larger wallet so I can use a small fee and still get a quick confirmation on the transaction.

One thing that might be useful (if we got more blocks on a regular basis) is a consolidated payout.  It seems like we often get paid for 3 or 4 blocks at a time, so getting that all paid in one lump sum rather than 3 or 4 separate payouts all at the same time, would help a little.  However, the trade off there is that it would become more difficult for the miners to keep track of getting paid for every block.  Maybe if Kano put a txt note on the transaction that included block numbers?  

EDIT:  I see others made the same point while I was typing.
legendary
Activity: 966
Merit: 1003
Because Kano is not a bank. Accumulating balances requires a Hot Wallet. People tend to STORE BTC at pools then cry foul if they can't get access to it after leaving the funds dormant for months if not years.
legendary
Activity: 952
Merit: 1003
Hmmmm... could be he got a point there. Why not having payout once a day to keep the transaction fee down to a minimum ?

A major reason for me coming here was that we DON'T do that. Not enough transparency for me, methinks. That system was used at two previous (un-named) pools I worked with, and I could never quite reconcile the rewards accurately...not that I thought there was chicanery...but if there was, it would be a lot more difficult to find in a "hold and pay" arrangement like that.

EDIT: And, Kano sends zero-fee transactions as we confirm our own...so that would seem to be a moot point.
legendary
Activity: 938
Merit: 1000
Hmmmm... could be he got a point there. Why not having payout once a day to keep the transaction fee down to a minimum ?
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
...Accept our offerings Gatekeeper of Mt. Bitcoin, throw us a few coins...

legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.
I think I understand this. So first of all, the pool does take a comission - 0.9% off the block reward. How can you spend the Bitcoin? High fees because of the Bitcoin network isn't Kano's fault, though it could help if there was an option to set a payout threshold. If your not in a rush to send funds, you can send a small fee transaction (0.002 BTC fees for 100kb maybe) and eventually it will be confirmed, when the network isn't as busy. Kano confirms all non free transactions, so eventually it should be confirmed. SPV mining is worse because it might create a large orphan chain, as they don't verify the transactions and normal mining will confirm mostly legitimite transactions. Combining lots of inputs happens quite a bit, and I wouldn't call it rubbish.

You can try mining to a wallet service that covers transaction fees for you, like coinbase. Just make sure not to keep too much BTC in there at a time.

makes sense....

Amusing that "Kano giving us pigs" comment.

I'd rather have chickens!!!  Cheesy

after 29 hours..... I think we need the chicken brigade out now!
hero member
Activity: 658
Merit: 500
Visualize whirledps
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.
I think I understand this. So first of all, the pool does take a comission - 0.9% off the block reward. How can you spend the Bitcoin? High fees because of the Bitcoin network isn't Kano's fault, though it could help if there was an option to set a payout threshold. If your not in a rush to send funds, you can send a small fee transaction (0.002 BTC fees for 100kb maybe) and eventually it will be confirmed, when the network isn't as busy. Kano confirms all non free transactions, so eventually it should be confirmed. SPV mining is worse because it might create a large orphan chain, as they don't verify the transactions and normal mining will confirm mostly legitimite transactions. Combining lots of inputs happens quite a bit, and I wouldn't call it rubbish.

You can try mining to a wallet service that covers transaction fees for you, like coinbase. Just make sure not to keep too much BTC in there at a time.

makes sense....

Amusing that "Kano giving us pigs" comment.

I'd rather have chickens!!!  Cheesy
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.
I think I understand this. So first of all, the pool does take a comission - 0.9% off the block reward. How can you spend the Bitcoin? High fees because of the Bitcoin network isn't Kano's fault, though it could help if there was an option to set a payout threshold. If your not in a rush to send funds, you can send a small fee transaction (0.002 BTC fees for 100kb maybe) and eventually it will be confirmed, when the network isn't as busy. Kano confirms all non free transactions, so eventually it should be confirmed. SPV mining is worse because it might create a large orphan chain, as they don't verify the transactions and normal mining will confirm mostly legitimite transactions. Combining lots of inputs happens quite a bit, and I wouldn't call it rubbish.

You can try mining to a wallet service that covers transaction fees for you, like coinbase. Just make sure not to keep too much BTC in there at a time.

makes sense....

Amusing that "Kano giving us pigs" comment.
legendary
Activity: 2772
Merit: 3284
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.
I think I understand this. So first of all, the pool does take a comission - 0.9% off the block reward. How can you spend the Bitcoin? High fees because of the Bitcoin network isn't Kano's fault, though it could help if there was an option to set a payout threshold. If your not in a rush to send funds, you can send a small fee transaction (0.002 BTC fees for 100kb maybe) and eventually it will be confirmed, when the network isn't as busy. Kano confirms all non free transactions, so eventually it should be confirmed. SPV mining is worse because it might create a large orphan chain, as they don't verify the transactions and normal mining will confirm mostly legitimite transactions. Combining lots of inputs happens quite a bit, and I wouldn't call it rubbish.

You can try mining to a wallet service that covers transaction fees for you, like coinbase. Just make sure not to keep too much BTC in there at a time.
legendary
Activity: 952
Merit: 1003

 Cool Cool Cool  "Weir" everywhere!  Grin

I make a lot of my own foodstuffs...bread, luncheon meat, bacon, dehydrating, etc... and I make my own super-premium ice cream. My favorite is a French vanilla/coffee infused sort that I proudly call "MIckey's Mocha."  Grin

BTW...glad the rain bands didn't do you in. I've got friends down on the SE coast that weren't so lucky...but they'll be OK. Not the first time, and surely won't be the last.
hero member
Activity: 658
Merit: 500
Visualize whirledps
And wmabern (The Purple Teddy Bear)  is back. Nice to see you again Grin

LOL. I saw your post on the last page but didn't relate it to me. Smiley

I haven't gone anywhere and have been here the whole time. Except on the day when Hurricane Mathew's rain bands were hitting my house and I had to shut down and close my windows.

BTW, the bear is a Grateful Dead "Dancing Bear" and not a "teddy bear"  Cheesy. I'm a Dead Head from way back and saw my first Grateful Dead show in 1977!  Grin

EDIT: I've got a tattoo of the same bear on my arm except he is carrying a rose. Smiley

OMG...I knew that about the bear, but wasn't gonna say anything...another DeadHead! Mine Rock on!


 Cool Cool Cool  "Weir" everywhere!  Grin
legendary
Activity: 952
Merit: 1003
And wmabern (The Purple Teddy Bear)  is back. Nice to see you again Grin

LOL. I saw your post on the last page but didn't relate it to me. Smiley

I haven't gone anywhere and have been here the whole time. Except on the day when Hurricane Mathew's rain bands were hitting my house and I had to shut down and close my windows.

BTW, the bear is a Grateful Dead "Dancing Bear" and not a "teddy bear"  Cheesy. I'm a Dead Head from way back and saw my first Grateful Dead show in 1977!  Grin

EDIT: I've got a tattoo of the same bear on my arm except he is carrying a rose. Smiley

OMG...I knew that about the bear, but wasn't gonna say anything...another DeadHead! Mine Rock on!
hero member
Activity: 658
Merit: 500
Visualize whirledps
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need too less inputs.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.

You should post your question or statement in your native language and let one of our multi-lingual members translate for you. I do not understand your post.
legendary
Activity: 1834
Merit: 1080
---- winter*juvia -----
Thanks to the person who pointed 1PH at my Kano account for a while (~1.6G accepted diff)
Much appreciated Smiley

Hope we get some more 1PH visits soon....  Huh
hero member
Activity: 777
Merit: 1003
I think Google translate may have missed a few things in that one.
Not really sure what is going on.  Huh

Anyone going to try and decipher that?
newbie
Activity: 8
Merit: 0
I'm on pool many time and at once with low power find block on pplns, but don't know that Kano put a pig to all of us.
Very good, that blocks accepted without comissions by pool.
But how we can spend this bitcoins? I try to move 1btc, but transaction weight about 100kb, because so many inputs. It's the biggest comission.
I think it not more good as SPV mining with empty blocks. Blocks with synthetical rubbish - analog of empty blocks for network.
For miners pool Kano is pool with hide comission about 5-10% for use mining bitcoins by time.
Of course, if you power more big - this comission less, but for big money you need less inputs too.
Therefore people go out from pool, because china frends not so honest, but not do this harm to their miners and network at all.
Pool is vitally important minimal limit settings for output.
hero member
Activity: 658
Merit: 500
Visualize whirledps
And wmabern (The Purple Teddy Bear)  is back. Nice to see you again Grin

LOL. I saw your post on the last page but didn't relate it to me. Smiley

I haven't gone anywhere and have been here the whole time. Except on the day when Hurricane Mathew's rain bands were hitting my house and I had to shut down and close my windows.

BTW, the bear is a Grateful Dead "Dancing Bear" and not a "teddy bear"  Cheesy. I'm a Dead Head from way back and saw my first Grateful Dead show in 1977!  Grin

EDIT: I've got a tattoo of the same bear on my arm except he is carrying a rose. Smiley
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
In case anyone noticed ... CKDB is restarting at the moment and should be finished restarting shortly.
There's a locking bug in the new code, I'll fix it shortly, it reports in detail what the problem is.
CKDB will be back up in a few minutes.
No miners were affected.
CKDB auto restart completed.
It identified the lock problem at 10:57:38 UTC and exited at 10:58:39 UTC
Restart completed at 11:06:17 UTC (~8.5mins - it was a full hour reload)
OK I've updated the code with the necessary fix.
I'll restart CKDB right now, since it's a specific web access that causes it and probably only one person has done it since the last restart.
The restart will be fast also since the last shift ended 1 minute after the hour.
Restarting ...
CKDB restart completed - bug update applied.
Restart was from 11:45:04 UTC to 11:52:11 UTC (~7mins)
As per normal, no miners were affected.
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