Author

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1625. (Read 5352322 times)

legendary
Activity: 2506
Merit: 1714
Electrical engineer. Mining since 2014.
80 min and no new blocks in the network  Shocked
full member
Activity: 196
Merit: 100
No offense but we just want to see blocks rather than read PDF files.  Points 2 and 3  read, but that doesn't make things any better.  Mathematics also hurts brain while drinking.  =)  Tons of blocks will be the best medicine to cure my hangover.
sr. member
Activity: 419
Merit: 250
I always seem to end up posting this link after particularly difficult blocks. Please read it. Or at the very least, please read through numbered points 2 and 3...

http://organofcorti.blogspot.com/2015/07/faq-bitcoin-mining-and-luck-statistic.html
full member
Activity: 196
Merit: 100
What a crazy long hangover!!  Let's take 2 Tylenol and get back at it.  Come on BLOCKS!!!!
hero member
Activity: 770
Merit: 523
Two blocks this morning then silence? Grrrrr
Come on!
Wolfpack smelled the first block this morning. Let's try again.
Yeah, low CDF, that's the ticket!
Hey, the pile of 5th rents on nh are back, I think this is good.
sr. member
Activity: 305
Merit: 250
The variance is well within expectations, but the timing sure could have been better.  We have the high CDF part of the contest covered, let's get on with more on the low CDF side!
hero member
Activity: 630
Merit: 506
What gives on the blocks, Mr. Luck just lock himself in the closet  Undecided
hero member
Activity: 735
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
man these blocks today are being stubburn
legendary
Activity: 924
Merit: 1000
Dark Passenger Bitcoin miner 2013,Bitcoin node
Yeah it would appear that my bilge pumps have failed me again Grin
sr. member
Activity: 305
Merit: 250
Asking for a block (or several) again... can I get one right away like when I asked this morning?

I'm starting to lose on last night's rentals!
full member
Activity: 238
Merit: 100
I can't afford a PH.  I've been working up with small long rents.  Where are you guys getting these prices ?  Nice hash or something else?  I've been using MRR, just to pricey.  Every time I use nice hash my order just gets burned up at a higher hash rate than requested or stops running. How would you make a profit on a smaller scale?  I used to have more investment, but my contract work hasn't come in for a month. Looking for something new.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Diff is going up guys.  This pool is great, but if we keep paying high rental prices we all lose money.  Even the lowest market price is way to high for the diff.  

Not sure what you're talking about.  Kano renters are getting much much smarter and are usually paying below or just at market rate.   My reverse rental business haven't been as good as it used to be.  Used to get 10-30% easily, now many people can rent below market rate due to larger hashing availabilities  19PH vs 7-8PH.


See those huge orders for .0027 and .0026?  Way way under market price, so basically that's the smart way to play leverage. 

yeah you need to wait to mine with rentals  a .29 or lower is good


the .28 at 1000th   .27    at 2000th  and .26  at 4000  are all really good.
newbie
Activity: 56
Merit: 0
time for some block finding. lets see it
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
my only issue is the rising diff and the 1/2ing. would hate to send the units off just for only a few months just to have to get them shipped back and sell them or scrap them. and cost wise it is better to do a year at a time, but then again that's a large chunk of change to plop down at once.

might stick it out till new hardware is released if there is any and then get those hosted.

do you have to send psu to them (toomin) as well or just the unit and they supply the psu? not sure how they do it since power is metered.

I bought Gold rated PSUs for each of my S7s from Toomim for $80 each and they have been working great.  They have Platinum rated PSUs for $120 as well which can save you $4 a month per S7 but I didn't try those.  I did check with Oregon Mines and they normally allow you to pay month to month.  They are also a little cheaper than Toomim bit I don't have any personal experience with them.

The interesting thing about bitcoin mining is everything we do is super risky, from buying hardware with 90 day warranties to having faith in BTC itself.  I just took a risk, sold all the hardware I had in my garage (to make sure I would never be tempted to power things back up one day), used the money I got to upgrade to S7s and had them shipped directly from Bitmain to Toomim (my first 4 were Batch 1 that were wayyyy overpriced).  I was scared to death that I had done the wrong thing but now I am only 24 days away from my break even point in all this stuff.  I literally have -$834.95 left in my spreadsheet to make up and it turns from red to black.  What will happen this summer?  Who knows...it will either work out roses for all of us, go right down the crapper, or fall somewhere in the middle.  That's how we roll everyday!

I hope everything works out and we keep the kano party going!

EDIT:  The great thing is I can connect directly to my miners!  https://i.imgur.com/ujQokM4.jpg  This is one of my Batch 1s with fans at 35%...


When you guys hosts, what happened when there's equipment failure?  Is it up to you to work with the vendor or do the hosting people do it for you?

I'm not sure...haven't had to cross that bridge yet with Toomim!  When I was with the DC in China, I bought every S5 I had directly from them and they would just swap out the machine if it failed or consistently low hashed.
full member
Activity: 196
Merit: 100
my only issue is the rising diff and the 1/2ing. would hate to send the units off just for only a few months just to have to get them shipped back and sell them or scrap them. and cost wise it is better to do a year at a time, but then again that's a large chunk of change to plop down at once.

might stick it out till new hardware is released if there is any and then get those hosted.

do you have to send psu to them (toomin) as well or just the unit and they supply the psu? not sure how they do it since power is metered.

I bought Gold rated PSUs for each of my S7s from Toomim for $80 each and they have been working great.  They have Platinum rated PSUs for $120 as well which can save you $4 a month per S7 but I didn't try those.  I did check with Oregon Mines and they normally allow you to pay month to month.  They are also a little cheaper than Toomim bit I don't have any personal experience with them.

The interesting thing about bitcoin mining is everything we do is super risky, from buying hardware with 90 day warranties to having faith in BTC itself.  I just took a risk, sold all the hardware I had in my garage (to make sure I would never be tempted to power things back up one day), used the money I got to upgrade to S7s and had them shipped directly from Bitmain to Toomim (my first 4 were Batch 1 that were wayyyy overpriced).  I was scared to death that I had done the wrong thing but now I am only 24 days away from my break even point in all this stuff.  I literally have -$834.95 left in my spreadsheet to make up and it turns from red to black.  What will happen this summer?  Who knows...it will either work out roses for all of us, go right down the crapper, or fall somewhere in the middle.  That's how we roll everyday!

I hope everything works out and we keep the kano party going!

EDIT:  The great thing is I can connect directly to my miners!  https://i.imgur.com/ujQokM4.jpg  This is one of my Batch 1s with fans at 35%...


When you guys hosts, what happened when there's equipment failure?  Is it up to you to work with the vendor or do the hosting people do it for you?
hero member
Activity: 630
Merit: 506
Block time?

I may have access to some warehouses where i live and the electricity their is 8.5¢/kWh and might host from them in the near future.
full member
Activity: 196
Merit: 100
Diff is going up guys.  This pool is great, but if we keep paying high rental prices we all lose money.  Even the lowest market price is way to high for the diff.  

Not sure what you're talking about.  Kano renters are getting much much smarter and are usually paying below or just at market rate.   My reverse rental business haven't been as good as it used to be.  Used to get 10-30% easily, now many people can rent below market rate due to larger hashing availabilities  19PH vs 7-8PH.


See those huge orders for .0027 and .0026?  Way way under market price, so basically that's the smart way to play leverage. 
full member
Activity: 238
Merit: 100
Does anyone know a far market placed rental site for longer rents or rented/owned hash?  Somewhere with a profit margin under the diff estimates or at least near the diff estimates?  Maybe I just need a new rig and to get it hosted.  I'm just looking at the loss from a short bad luck period and the worst part is I paid %30-50 over what you might make at %100 or more. Some are paying 0.01TH\day, driving the price.  I'm also seeking an interest bearing wallet.  I know this is off topic, but I trust you guys. 
full member
Activity: 238
Merit: 100
Diff is going up guys.  This pool is great, but if we keep paying high rental prices we all lose money.  Even the lowest market price is way to high for the diff. 
full member
Activity: 196
Merit: 100
my only issue is the rising diff and the 1/2ing. would hate to send the units off just for only a few months just to have to get them shipped back and sell them or scrap them. and cost wise it is better to do a year at a time, but then again that's a large chunk of change to plop down at once.

might stick it out till new hardware is released if there is any and then get those hosted.

do you have to send psu to them (toomin) as well or just the unit and they supply the psu? not sure how they do it since power is metered.

I bought Gold rated PSUs for each of my S7s from Toomim for $80 each and they have been working great.  They have Platinum rated PSUs for $120 as well which can save you $4 a month per S7 but I didn't try those.  I did check with Oregon Mines and they normally allow you to pay month to month.  They are also a little cheaper than Toomim bit I don't have any personal experience with them.

The interesting thing about bitcoin mining is everything we do is super risky, from buying hardware with 90 day warranties to having faith in BTC itself.  I just took a risk, sold all the hardware I had in my garage (to make sure I would never be tempted to power things back up one day), used the money I got to upgrade to S7s and had them shipped directly from Bitmain to Toomim (my first 4 were Batch 1 that were wayyyy overpriced).  I was scared to death that I had done the wrong thing but now I am only 24 days away from my break even point in all this stuff.  I literally have -$834.95 left in my spreadsheet to make up and it turns from red to black.  What will happen this summer?  Who knows...it will either work out roses for all of us, go right down the crapper, or fall somewhere in the middle.  That's how we roll everyday!

I hope everything works out and we keep the kano party going!

EDIT:  The great thing is I can connect directly to my miners!  https://i.imgur.com/ujQokM4.jpg  This is one of my Batch 1s with fans at 35%...


Congrats on the ROI.  It's always good to hear these awesome story, instead of the usual cry of "I can't ROI even if I have free electricity".  That is the silliest thing I always hear.  If that's the case, no one would be mining at all.  The trend is not looking good right now.  Blocks are coming in real slow with just 1 in the last 1hr 40mins in total.
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