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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 187. (Read 5352229 times)

newbie
Activity: 51
Merit: 0

Is everyone holding as I am doing for more than 6 months which effectively means more fiat going into BTC.


Personally, My intentions at this moment, are to use my profits to retrieve more equipment to increase my hashrate. After I reach an amount I'm content with, I will hold and watch prices.

I am not acquiring more equipment, not selling any BTC. Electricity paid by fiat. Just wondering how much BTC to hold.
 Huh
legendary
Activity: 1568
Merit: 2037
*snip*

So here I am, trying to sell all my miners (with PSU) at 1 go, if possible. Details of these miners below:

1. E9+ at 9.2TH/s, 5 months old, direct bought from China ShenZhen, hardly used.
2. S9, ordered in Dec 17 and received in Jan 18, 13.5TH/s, mining since Feb 2018.
3. M3 at 11TH/s, delivered in March 2018, Never mined at all.

And of course escrow is a must, kindly note that shipping cost + escrow fee is at buyer's expense.
*snip*

Hey there just a word of advice, you might be better off to start a topic in the Marketplace and link to it here. It will prevent a ton of messages on the subject popping up on this thread.

When you do so , post pictures with your BTC talk name written on paper for proof of ownership. Include things like where you are shipping from and your asking price.

Good luck with your new job and sale.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
Cool update here--no increase in hashpower yet, though...yet:

I did what I think is a pretty awesome upgrade for "the little Avalon 6 that could"!

I'M ON 220 VOLT POWER NOW, BABY!!!

You've undoubtedly heard of it being done before, so add me to the list of those that made the switch, and, oh, what a switch it is... Half the noise too!

It's gettin' a little late tonight to give the gory details with church and all in the morning, so I'll upload some pics tomorrow.

To be continued...
member
Activity: 684
Merit: 19
Hey all fellow miners,

I have invested over usd$20k over the last 6 months, when my FOMO kicked in last Dec.

Bought my 1st E9+, then a S9 and lastly a Whatsminer M3. Not all $20K was invested into miners, some I used for ICOs, and some other cryptos.

Long story short, I am quite busy with my new job and am gonna get out of crypto for awhile.

So here I am, trying to sell all my miners (with PSU) at 1 go, if possible. Details of these miners below:

1. E9+ at 9.2TH/s, 5 months old, direct bought from China ShenZhen, hardly used.
2. S9, ordered in Dec 17 and received in Jan 18, 13.5TH/s, mining since Feb 2018.
3. M3 at 11TH/s, delivered in March 2018, Never mined at all.

Would prefer someone who is keen, to purchase all 3 miners at 1 go. I'm too caught up with this new job and has no time to arrange for multiple shipping.

And of course escrow is a must, kindly note that shipping cost from Singpore + escrow fee is at buyer's expense.

No low-ballers please/low-baller's offer will be ignored.

Thank you

note: ONLY PM REPLIES, kindly don't post any reply here.
newbie
Activity: 1
Merit: 0
Hi, does anyone have 250 bitmain to spare? Want to add abit more to the pool. Thanks
newbie
Activity: 41
Merit: 0
Another 21Th added to the pool.  Grin
jr. member
Activity: 196
Merit: 4
haha  hopefully, I left them configured for my account here..  Maybe he will plug them in and run them and forget to change the config?  hmm likely not...


Just curious, How many miners did you sell?  Were they S7's or S9's?



6 x S9's  I had 7 before, but sold one back in February for alot more.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.


I was never sure if the user count was active user or active devices?  I guess it has to be active users.


Yeah there's a lot more miners+proxies than that connected to the pool Smiley
At the moment, it's (very roughly) 11,000
full member
Activity: 350
Merit: 158
#takeminingback
We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.


I was never sure if the user count was active user or active devices?  I guess it has to be active users.



I asked awhile ago for promotional info:

https://bitcointalksearch.org/topic/m.31878955
newbie
Activity: 103
Merit: 0
We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.


I was never sure if the user count was active user or active devices?  I guess it has to be active users.

full member
Activity: 350
Merit: 158
#takeminingback
We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.
newbie
Activity: 103
Merit: 0
If your hash rate stays the same, then 2 things:

1) As the pool hash rate increases, your reward per block will decrease.
As the pool hash rate increases, we expect to find blocks more often.
Thus it works out the same.

2) However, every 2016 blocks (or about every 2 weeks) your reward drops due to difficulty increases.

The next difficultly change is going to leave a mark.  lol
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
If your hash rate stays the same, then 2 things:

1) As the pool hash rate increases, your reward per block will decrease.
As the pool hash rate increases, we expect to find blocks more often.
Thus it works out the same.

2) However, every 2016 blocks (or about every 2 weeks) your reward drops due to difficulty increases.

Edit: ... and if you mine at the small pools that don't find lots of blocks each 2 weeks, you will be rewarded less - they like to leave that fact out.
newbie
Activity: 103
Merit: 0
Forgive my ignorance and for perhaps being a conspiracy theorist but I've noticed a strange increase in the hash rate of the pool while actual users has decreased.  I see that when the pools hash rate increases (while my contribution stays the same) my reward goes down significantly. I only have 3 S9's so I know my contbibution is small but when I started, the pool was around 48K TH/S and its now like 234K TH/S.  For me the only variable to change is the pool's hash rate.  I find this strange since the user count when I began 4 months ago was around 1450 users.  Now a few hundred less user's we're at a much bigger hash rate.  Just like every other pool, my rewards keep dwindling week after week.  Thanks in advance.  DH.  




I'm sure there has been a ton of S7's and lower equipment drop off this pool over the last couple of months and each s9 equals 3 times the hash rate of a S7.  


The biggest thing that affects earnings is difficultly.  example at the current hash rate and difficultly we should find about 30 blocks for the month but when the difficultly changes in a few days the number for the month should be closer to 27 blocks expected. (this assumes hash rate stays the same which everyone knows this is a moving target)

at 45 ph we would only be expected to find 6.24 blocks for the month.  5.52 block if the difficulty change estimate is correct in 3.2 days.
newbie
Activity: 7
Merit: 0
Forgive my ignorance and for perhaps being a conspiracy theorist but I've noticed a strange increase in the hash rate of the pool while actual users has decreased.  I see that when the pools hash rate increases (while my contribution stays the same) my reward goes down significantly. I only have 3 S9's so I know my contbibution is small but when I started, the pool was around 48K TH/S and its now like 234K TH/S.  For me the only variable to change is the pool's hash rate.  I find this strange since the user count when I began 4 months ago was around 1450 users.  Now a few hundred less user's we're at a much bigger hash rate.  Just like every other pool, my rewards keep dwindling week after week.  Thanks in advance.  DH. 

full member
Activity: 350
Merit: 158
#takeminingback

Is everyone holding as I am doing for more than 6 months which effectively means more fiat going into BTC.


Personally, My intentions at this moment, are to use my profits to retrieve more equipment to increase my hashrate. After I reach an amount I'm content with, I will hold and watch prices.
newbie
Activity: 51
Merit: 0

So I know I will get flak about this post, and thats ok, I know people will say that its a long term investment for mining.  I agree, but it is too long, at least for me.  What do you think is a reasonable amount of time?

@AerialGopher, are you selling BTC immediately or holding? That is what I understand that mining is a long term investment.

I am also curious of what is a good time for ROI?
12 months or more with the current BTC price?
Is everyone holding as I am doing for more than 6 months which effectively means more fiat going into BTC.

member
Activity: 210
Merit: 15
Thanks Kano. It appears to be correct. I have other uses of the 2FA function and they work. Interesting, I will figure it out with the info you provided. As always you are a great resource and truly a SME. Thank you for the help.

MINE ON WITH KANO-SAN!! KANO POOL The BEST BITCOIN Mining Pool on Earth!!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
KANO,

My 2FA is not working with the KANO site.

Nothing has changed on my end.

Thanks in advance for looking in to it.

Mine On With Kano-San
Check the time on your phone.
The 2FA code on the server only changes when you change it Smiley

You have to have the correct time on your phone and it has to match the web server - the web server shows it (in tiny letters) at the bottom left in UTC on the server (the correct time) and your device time in the bottom right - which may or may not be right.

Edit: the console log shows you checking the time each time just after 30s so it would appear each time it was too slow with the previous 30s code.
The code changes every 30s at HH:MM:00 and HH:MM:30 (and you can only try it once each 30s)
member
Activity: 210
Merit: 15
KANO,

My 2FA is not working with the KANO site.

Nothing has changed on my end.

Thanks in advance for looking in to it.

Mine On With Kano-San
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