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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 188. (Read 5352229 times)

member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
I've been waiting all night for this.
Lol. I've found it passes the time faster to try getting some sleep.

Or, maybe you adhere to the "No sleep til Brooklyn BTClockies!" approach...
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
Ahh, Saturday morning and a BLOCK!!!

Thanks, CryptoStar!
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
legendary
Activity: 1568
Merit: 2037
I've been waiting all night for this.

Mine on.
newbie
Activity: 41
Merit: 0
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
newbie
Activity: 65
Merit: 0
Sorry to hear it. Electricity is killing me too, need that price to go back up. Normally I would thank you for lowering the difficulty for the rest of us, but your buyer will take over.

My summer pricing just started. I don't like it but it should be ok for the time being.

I'm happy my mining box is working well. The heat is being removed and the sound is unnoticeable upstairs. Outside it sounds like a dryer exhaust.

It is nice having the three machines purring along and not having to worry about anything at the moment.

Though, I've already thought about improvements for the box when I pick up my next three miners.  Smiley
newbie
Activity: 103
Merit: 0
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?

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...
newbie
Activity: 18
Merit: 0
My Mining days are over.....  All equipment is sold.  TH/s = 0.0

Guy who bought it will probably put the stuff on kano too.

Been fun.  Less work for me now...

I see we found another block and i didnt even have to do anything for it!
Sorry to hear Gopher, best of luck to you.   
Wow. Same here. Hope you came out on top!

Here I am about to use my rewards to buy a 741, and you're callin' it quits... Weird.
...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?
Regardless of any "flak" you may get, it sounds like you've put a lot of thought into it and came to the best decision for yourself considering your multi-faceted situation.

I respect that you made an informed decision. Best of luck!

Sorry to hear it. Electricity is killing me too, need that price to go back up. Normally I would thank you for lowering the difficulty for the rest of us, but your buyer will take over.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
My Mining days are over.....  All equipment is sold.  TH/s = 0.0

Guy who bought it will probably put the stuff on kano too.

Been fun.  Less work for me now...

I see we found another block and i didnt even have to do anything for it!
Sorry to hear Gopher, best of luck to you.   
Wow. Same here. Hope you came out on top!

Here I am about to use my rewards to buy a 741, and you're callin' it quits... Weird.
...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?
Regardless of any "flak" you may get, it sounds like you've put a lot of thought into it and came to the best decision for yourself considering your multi-faceted situation.

I respect that you made an informed decision. Best of luck!
member
Activity: 118
Merit: 14
just hope that sales drop to nothing and miners start burning out.  :-)  difficulty will go down.
I hope the fire sale of hardware from Bitmain stops "Real Soon Now."    Bring back the days where miners are a lot harder to come by.

I find the situation of the underpricing of the underground empire's equipment to be similar to a middle earth quote.

"The Elves may fear the Dark Lord, and they may fly before him, but never again will they listen to him or serve him."

As long as Avalon/Canaan can supply us and accept bitcoin as payment there is no good long term reason to turn to the other source.

Short term, yeah, many will go that route, but just keep in mind what you are supporting and what their goals seem to be.





member
Activity: 658
Merit: 21
4 s9's 2 821's
just hope that sales drop to nothing and miners start burning out.  :-)  difficulty will go down.
I hope the fire sale of hardware from Bitmain stops "Real Soon Now."    Bring back the days where miners are a lot harder to come by.

Firesales stop when BTC hits $12,500 and above again. 
jr. member
Activity: 104
Merit: 5
I just changed my payment address,so the payment from the latest block which is at 92 confirmations will go to the old address or the new?
It goes to the address that was in place when the block was found.
jr. member
Activity: 104
Merit: 5
just hope that sales drop to nothing and miners start burning out.  :-)  difficulty will go down.
I hope the fire sale of hardware from Bitmain stops "Real Soon Now."    Bring back the days where miners are a lot harder to come by.
newbie
Activity: 42
Merit: 0
I just changed my payment address,so the payment from the latest block which is at 92 confirmations will go to the old address or the new?
jr. member
Activity: 196
Merit: 4
Guys,

A real sad day for me.  I've had to switch 5 of my Avalon 741s off, BTC price drop puts the 741s in negative territory until a price pickup.  Still got the 841s mining on Kano  Grin

this makes no sense... unless you were to keep it off permanently?

If you continue to mine, you will get BTC, even if value is lower that expenses, the increase in BTC value will increase all of what you had even what you mined at a supposed loss becuase your calculation was done for the " moment" when BTC value was down.

The only thing you do by doing this temporary shut down is not make any bitcoin, and when you start back up again, you had that much lost time mining...... while difficulty went up.  

so unless you plan on keeping them off permanently, there is no point to wait until BTC value goes back up.

FYI  S7 profitability according to nicehash calculator is also about  -$5.00 per month now too.


just hope that sales drop to nothing and miners start burning out.  :-)  difficulty will go down.
jr. member
Activity: 196
Merit: 4

My Mining days are over.....  All equipment is sold

Aww man!!! Who's gonna ask for a Pool Restart when we get a ~300% Block??? Ha!!! Goodluck!!!

Funny you remembered that.. but if you look back since the last time I asked for that, there has been some sort of issue where a restart was done, then right after that a bunch of blocks that were sub-100% were found right after that...  so....  there may be something :-)
newbie
Activity: 23
Merit: 0
about 2000 cnd on the positive side.

5 months, huge electrical bill, and only 1.138 bitcoin.  This value at 11000 cnd (for the BTC) is included with the profit of 2000 cnd after if I sell it.
 for most of the miners I paid the Pre Dec 19 price of 1530 USD plus PSU and shipping.  So when all i said and done, my 2 to 2.5 month break even point was long lost since I am over 5 months now.

...

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?

We all have to make the decisions that we think is best for our particular situation. Not everyone got into mining to build a business around it. There are plenty of people who have been happy just being a small home miner or hobby miner. Up until the last year or so that was still feasible. With the rapid increase in the network difficulty over the last year it doesn't make sense now for most people and it's going to make less and less sense as the difficulty continues it's upward climb.

I faced this same decision myself early this year. Been mining here since I started in Feb 2017 with 3 Bitmain R4's. As the price of BTC dropped and the network difficulty rose these things are less and less profitable. I was looking at probably going negative returns by summer on them. I decided that I enjoy doing this and being a small part of the mining community, so I'm staying. I bought 3 841's in April which I absolutely love. The quality of these things compared to the Bitmain machines is huge. I don't understand why they aren't more popular. I just sold my 3 R4's on eBay for about $1,000 each and used the proceeds of that to buy 3 more 841's which will be here on Monday.  That at least should keep me above water for a good while.  I'm a bit shocked that I could sell those R4's for as much as someone can buy 3 841's.

For me, I treat mining as an investment that also gives me enjoyment and satisfaction and expect a payoff in the future. But it is a very risky investment for sure so it isn't going to fit into everyone's portfolio.
jr. member
Activity: 50
Merit: 1
Mining since 2018
Guys,

A real sad day for me.  I've had to switch 5 of my Avalon 741s off, BTC price drop puts the 741s in negative territory until a price pickup.  Still got the 841s mining on Kano  Grin
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