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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 174. (Read 5352633 times)

legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block! by jimmy Smiley

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)
newbie
Activity: 53
Merit: 0
I have 1 last $100 Bitmain coupon to give away. PM ONLY with proof you are a miner on KanoPool.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
...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 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.
Good reminder on the Winter heat aspect. Also, it's good to know at least some still have some last generation miners lying around, which leads into my next comment.

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... Cry

Edit2: What also kills me is that this 10.7+T (200+%) Diff block would've been ~500% back in January!
full member
Activity: 350
Merit: 158
#takeminingback
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?


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.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
jr. member
Activity: 238
Merit: 5
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?

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 Wink
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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?
newbie
Activity: 31
Merit: 0

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.
Hi since you mentioned dancing and chicken as if this is some kind of cult well I can't change your mind on that better informed persons like Shazam!!! and BSGMiner have given you excellent advice all i can add is my 2 cents I am new here before i started mining and joined a pool i did research for about 2 or 3 week to read everything I could i can honestly say KanoPool is by far the better option not only in terms of pay and transparency but Kano provides really really exceptional service i listened to Shazam's advice and read i think something like 100 pages of this thread and i genuinely was surprised by the support I don't believe you get a supportive community like this without good intentions and respect for one another only advice I can give everyone specially if you are new is before posting anything here just read as many previous pages as possible.
full member
Activity: 350
Merit: 158
#takeminingback

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.

jr. member
Activity: 33
Merit: 2
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.
Indeed, but justice sometimes gets its way, specially if there is money loss.

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???

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?
legendary
Activity: 952
Merit: 1003
It seems someone on the board has been partaking way too much of their namesake...methinks...  Kiss
full member
Activity: 350
Merit: 158
#takeminingback
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.
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???
jr. member
Activity: 33
Merit: 2

Probably because there is no legitimate slander issue. You really need to take some time, and read back through some
threads in this forum. There is a lot of history, I believe, you are not aware of. Also, you don't realize, Kano, has been very
vocal in other threads, many times, and the Moderators delete the posts trying to silence certain subjects. Who's the
Moderators???

Do some research before going on a hunt, especially before hunting in the prey's den.

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.
full member
Activity: 350
Merit: 158
#takeminingback
End of intermission.....


Actually, I just re-sent this post that was removed couple of hours ago. I wonder why...


Probably because there is no legitimate slander issue. You really need to take some time, and read back through some
threads in this forum. There is a lot of history, I believe, you are not aware of. Also, you don't realize, Kano, has been very
vocal in other threads, many times, and the Moderators delete the posts trying to silence certain subjects. Who's the
Moderators???

Do some research before going on a hunt, especially before hunting in the prey's den.
jr. member
Activity: 33
Merit: 2
End of intermission.....


Actually, I just re-sent this post that was removed couple of hours ago. I wonder why...
full member
Activity: 350
Merit: 158
#takeminingback
jr. member
Activity: 33
Merit: 2
Lulz about "freedon of speech" - that statement usually shows up when someone is trolling or failing to provide valid information or ignoring what's been posted.
Read the black text in the white header in the top of every page Smiley

I am fine with moderation, I don't think a forum or thread needs to guarantee the freedom of speech . BUT... if you insult other people, pools or companies, then you should do it in a neutral space, not where you are the moderator, among other things: because those that you insult have right to defense... If you take that right away from them, then you might have legal problems.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...

Yeah, the math doesn't add up. The total of the top 100 miners barely approaches 60PH so I can't see how the remainder could add up to another 90PH or so.

I see it listed as around 85PH elsewhere which would be a lot closer to the stats on the site.
As he stated in his own thread, ckpool gets the pool hash rate wrong.

That's also what I said here before, it was over-reading the pool rate by something like 5%
The Pool shift graph shows it correctly - but he doesn't keep the actual share information to be able to do that (or any necessary tests on share data)

With the new faster server here, it's showing correct now, so it might be an under powered server problem, though I'm not sure.
full member
Activity: 350
Merit: 158
#takeminingback
In summary from earlier....

Someone who left Kano's Pool in February, because of a terribly difficult block and joined a "rival" pool, came back today to be
boastful of the increased hashrate of said pool, hashrate that's from a seriously crappy operated company.  While blinded by
boasting, the person lost control of trying to find a valid point, and resorted to the "my rights" defense.

Note: Halongmining is a shady, unimpressive company. Anyone who's done honest research, that can read, knows this.
They will sell those miners, from the extra HashPower that "said" pool is currently using, and the average numbers of "said"
pool will drop. Some of that HashPower might reconnect, but probably not a significant amount, considering the fact that
Halongmining doesn't promote the use of their equipment on "said" pool. Kinda ironic if you really think about it. Halongmining
won't even promote the pool, they use for testing. Shady AF......
member
Activity: 71
Merit: 10
Epic Sunday afternoon conversation, but...

We need more blocks!

MINE ON!!!

Edit: The most surprising info was that the ckpool is now 150PH! Wow... Wasn't it just 10x less?! Weird.


All from Halong miners, one miner is 50+PH    I have a friend's couple of miners on there to make a comparison, so I'm keeping an eye on it.


But for now, it's time to MINE ON WITH KANO-SAN!


Yeah, the math doesn't add up. The total of the top 100 miners barely approaches 60PH so I can't see how the remainder could add up to another 90PH or so.

I see it listed as around 85PH elsewhere which would be a lot closer to the stats on the site.

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