Bittersweet Block day for me ... what with the 14% difficulty increase and the huge selloff in the past few hours, I've now switched off all my miners as they've gone below breakeven on electricity for me.
Last two blocks averaged 110TH for me as I also had to switch a few off prior due to electrical issues.
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 173. (Read 5352229 times)
June 10, 2018, 10:22:31 PM
June 10, 2018, 10:19:27 PM
June 10, 2018, 10:14:51 PM
Aw hell yeah! Back-to-back block cracking action from jimmy and tscupajoe! Fantastic! 
June 10, 2018, 10:09:07 PM
Double block!
Block by TSCupaJoe
Block by TSCupaJoe
Dang! This is our 2nd of BLOCK MONDAY!
TSCupaJoe with only 58.66TH/s! Welcome to the Acclaim Board with your 1st Kano block!
HS is it monday? I was out in the woods all weekend! Tell me clg lives in New Zealand or someplace where he's a day ahead of me!
DOUBLE BUBBLE!!!!! Thanx Jimmy and TScupajoe!
@Kano...nice work one the pool upgrades, Appears she's running on all cylinders!!!!!
June 10, 2018, 10:03:34 PM
KABOOOOOOM!
MINE ON WITH KANO-SAN!
MINE ON WITH KANO-SAN!
June 10, 2018, 09:53:47 PM
Double block!
Block by TSCupaJoe
Block by TSCupaJoe
Dang! This is our 2nd of BLOCK MONDAY!
TSCupaJoe with only 58.66TH/s! Welcome to the Acclaim Board with your 1st Kano block!
June 10, 2018, 09:51:45 PM
June 10, 2018, 09:51:19 PM
Double block!
Block by TSCupaJoe
Welcome to the acclaim board with your first block on the pool
Block by TSCupaJoe
Welcome to the acclaim board with your first block on the pool
June 10, 2018, 09:45:03 PM
Block! by jimmy 
Note that was a 10s block (10 seconds after network block 526929) so yeah it's pretty empty since the network is the same.
Edit: and that was our first block totally generated and processed by 0.16.0
As I mentioned before, all the nodes have been 0.16.0 (with minor additions by me and others) for a while, and they all submit the blocks also except when ckpool fails to, but now the new main server is also 0.16.0 (... with the same additions)
Great work, Kano!Note that was a 10s block (10 seconds after network block 526929) so yeah it's pretty empty since the network is the same.
Edit: and that was our first block totally generated and processed by 0.16.0
As I mentioned before, all the nodes have been 0.16.0 (with minor additions by me and others) for a while, and they all submit the blocks also except when ckpool fails to, but now the new main server is also 0.16.0 (... with the same additions)
P.S. - The troll is strong with this one.
June 10, 2018, 09:42:38 PM
Finally! Thanks, Jimmy!
June 10, 2018, 09:31:21 PM
Block! by jimmy
Note that was a 10s block (10 seconds after network block 526929) so yeah it's pretty empty since the network is the same.
Edit: and that was our first block totally generated and processed by 0.16.0
As I mentioned before, all the nodes have been 0.16.0 (with minor additions by me and others) for a while, and they all submit the blocks also except when ckpool fails to, but now the new main server is also 0.16.0 (... with the same additions)
Note that was a 10s block (10 seconds after network block 526929) so yeah it's pretty empty since the network is the same.
Edit: and that was our first block totally generated and processed by 0.16.0
As I mentioned before, all the nodes have been 0.16.0 (with minor additions by me and others) for a while, and they all submit the blocks also except when ckpool fails to, but now the new main server is also 0.16.0 (... with the same additions)
June 10, 2018, 09:28:35 PM
I have 1 last $100 Bitmain coupon to give away. PM ONLY with proof you are a miner on KanoPool.
June 10, 2018, 07:48:29 PM
...Keep running previous generation miners that currently operate at a loss?
Personally, around 6k is my break even point, and I'll mine at a loss if I need to. I do plan on investing in newer equipment, as itbecomes available. Just buying the BTC outright can be tricky, with the drastic price fluctuations we've seen over the weekend.
Also, at this price, it's the equivalent of ~16 blocks for me, so I could potentially make more running my equipment.
I've already disconnected my less than Profitable equipment, and I'll probably run it in the winter for heat.
If BTC shoots up, that may be a good time to sell them as their demand on the open market will probably go up as well.
Edit: What kills me, though, is that some controllers and PSUs are going for more $ than an Avalon6, and an AUC2 is going for 1/2 the $ of an Avalon6...
Edit2: What also kills me is that this 10.7+T (200+%) Diff block would've been ~500% back in January!
June 10, 2018, 07:29:54 PM
Changing the subject slightly--lots of thoughts left unmentioned here, but my main intention is about benefiting the pool and our wallets now and in the future...
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
Personally, around 6k is my break even point, and I'll mine at a loss if I need to. I do plan on investing in newer equipment, as it
becomes available. Just buying the BTC outright can be tricky, with the drastic price fluctuations we've seen over the weekend.
Also, at this price, it's the equivalent of ~16 blocks for me, so I could potentially make more running my equipment.
I've already disconnected my less than Profitable equipment, and I'll probably run it in the winter for heat.
June 10, 2018, 07:12:56 PM
...
Best of luck with all that volcano action.Stay safe!
June 10, 2018, 07:12:07 PM
Changing the subject slightly--lots of thoughts left unmentioned here, but my main intention is about benefiting the pool and our wallets now and in the future...
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
Good ones as we enter Bitcoin paradox. Price falling so mining not profitable anymore at current electricity prices. But we all wait for 25k for starters, who knows
June 10, 2018, 07:09:47 PM
Changing the subject slightly--lots of thoughts left unmentioned here, but my main intention is about benefiting the pool and our wallets now and in the future...
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
?: Keep running previous generation miners that currently operate at a loss?
Pros:
+They'll never generate more BTC than they do right now
+The BTC price could then go up making it worth running them at a loss for a while
Cons:
-Selling it would probably result in more money than they will profit over the rest of their lives
-Buying BTC instead of electricity would profit more than running the miner
Thoughts?
June 10, 2018, 06:48:37 PM
Their payout scheme design allows small miners to take BTC from large miners if the small miners are lucky.
It's a gamblers payout scheme.
So basically no one with a lot of hash rate but an idiot would mine there.
Bitcoin is business and livelihood for most miners now, gambling on that is pure stupidity.
Correct me if I am wrong, but: isn't mining very similar to gambling? Your pool stats are strongly affected by the concept LUCK... I think LUCK is the strongest factor affecting the payout (Remember those hard to crack UNLUCKY blocks and all they your miners dancing and eating chicken... BTW, is that stupid?). If you agree that mining is very similar to gambling then, Why you say that gambling is stupid and yourself is a miner who runs a mining pool forked from the repository of that guy who runs that other pool which you say it is a joke and where only idiot gamblers would mine?
I'm just very much amazed that you can tag people as stupid just because they mine in THAT pool with NO FEE which is reaching now 150+ PH.
I'd wish Minergain.com could add to his web service "that" pool to check if the people mining there are stupids as you claim.
June 10, 2018, 05:27:32 PM
I don't think I have the obligation of reading the whole forum or to point out every breaking of the law just because I want to know why the owner of this pool is publishing things like: stupid person or scammer company or joke of a service. I was just passing by made some questions, then I got moderation warning and finally I got moderated...
Anyway... Giving you that the other pool have slander kanopool in the past (even I haven't checked/verified). Have Halong insulted Kano saying he is an scammer? Do the miners in that other pool also insulted Kano saying that he is stupid?
If you want these questions answered, you're going to have to be "just passing by" the threads and see for yourself. Otherwise, you
seem to be singling out 1 person. That's called profiling, or stalking, according to the "law". Also, there is an entire thread, where people are calling Halongmining's business practices a scam. You can go look, but you probably won't. You are setting your sights on 1
individual specifically. Good day.
June 10, 2018, 05:02:21 PM
I appreciate your advises.
About hunting in the prey's den I need to say that and the end everyone needs to follow the law. I think to insult people, tagging them as stupids and other issues that I have been pointing out goes into categories of: defamation, libel, slander, aspersion... If you add the moderation issue, I mean, not letting the affected people to defend themselves, then we have here a very dangerous cocktail. Still... thank you for your advise.
You are welcome. However, the "law" here is policed by moderators, and is very different than any one country's mandated laws.About hunting in the prey's den I need to say that and the end everyone needs to follow the law. I think to insult people, tagging them as stupids and other issues that I have been pointing out goes into categories of: defamation, libel, slander, aspersion... If you add the moderation issue, I mean, not letting the affected people to defend themselves, then we have here a very dangerous cocktail. Still... thank you for your advise.
There are many comments in "that other pool" about Kano, that could be deemed derogatory, but you are not there standing in
defense for the "law". Why??? There are literally threads slandering Kano, but the Moderators don't delete them. Why??? Have
You reported those threads because they are defamation of Kano's character??? Probably not. Why???
defense for the "law". Why??? There are literally threads slandering Kano, but the Moderators don't delete them. Why??? Have
You reported those threads because they are defamation of Kano's character??? Probably not. Why???
I don't think I have the obligation of reading the whole forum or to point out every breaking of the law just because I want to know why the owner of this pool is publishing things like: stupid person or scammer company or joke of a service. I was just passing by made some questions, then I got moderation warning and finally I got moderated...
Anyway... Giving you that the other pool have slander kanopool in the past (even I haven't checked/verified). Have Halong insulted Kano saying he is an scammer? Do the miners in that other pool also insulted Kano saying that he is stupid?
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