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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1914. (Read 5352119 times)

legendary
Activity: 1120
Merit: 1001
looks like one of my S7 found a block
I belive it was found when it was mining on kano.is ? I'm not totally sure tho https://gyazo.com/a3beb9469aa81919916a401ce946e316
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Afaik you have to restart bitcoind to get rid of the warning
OK - thanks - I didn't know that.
Guess I'll just ignore it forever now.

You can get Bitcoin-qt to run forever now??

I'm lucky to get a week out of mine.  The last reliable one was .9.5 although .10.0 wasn't too bad.
Yeah only at home do I use qt Smiley

The pool btcds are up as long as ever possible - though I do have a few in case any of them fail.

The message has changed a few times since it was first seen.
I've seen it say 48, 49, 48, 49 and again back to 48 ... the steps after the first time is what suggested to me it was updating.
I'd say it's bugged how it works at the moment since leaving it there forever is pointless and have to restart btcd to clear it is right royal pain in the ass stupid design Smiley

I guess I should check the code and see if there's a bitcoin-cli command to clear it Tongue
legendary
Activity: 3583
Merit: 1094
Think for yourself
Afaik you have to restart bitcoind to get rid of the warning
OK - thanks - I didn't know that.
Guess I'll just ignore it forever now.

You can get Bitcoin-qt to run forever now??

I'm lucky to get a week out of mine.  The last reliable one was .9.5 although .10.0 wasn't too bad.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Afaik you have to restart bitcoind to get rid of the warning
OK - thanks - I didn't know that.
Guess I'll just ignore it forever now.
hero member
Activity: 537
Merit: 524
Afaik you have to restart bitcoind to get rid of the warning
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Kano,

Have you ever seen the bitcoind give this warning..

WARNING: abnormally high number of blocks generated, 48 blocks received in the last 4 hours (24 expected)

Best Regards
d57heinz
Yep pretty common for the last day or so ...
The discussion I saw on reddit seemed to think it was a one off occurrence, but it's been happening for over a day now ...

One could easily calculate the CDF[Erl] for N blocks having a average difficulty of 50% ...
The reddit discussion seemed to lack any useful statistical knowledge Tongue

So N=48 mean=50% assuming no hash rate increase:
http://www.wolframalpha.com/input/?i=CDF%5BErlangDistribution%5B48%2C+48%5D%2C++0.5%5D

Which gives: 0.0000104284 or 0.00104284% chance or 1 in 95892 (about once every 43.76 years)

So clearly the odds are WAY against it being a statistical anomaly since it's still continuing, thus there's at least some hash rate increase related to it ...

Ahhh very nice.. Ive been watching the hash we had a heck of a spike just recently. can be seen really nice here.. http://bitcoin.sipa.be/speed-lin-2k.png  Then i goto this page to see who is behind it Smiley  http://data.bitcoinity.org/bitcoin/hashrate/30d?c=m&t=a

Will i have to do anything to the wallet im mining to or will it just correct itself. I am seeing that the bitcoind process is using a abnormal high amount of ram. Not sure if that related to mempool. Or just a memory leak. Seems to increase the amount of ram i need slowly over time..currently im at 5.92 Gb of ram for that process. Is that normal?

Best Regards
d57heinz
However Smiley

It would appear that the warning system in bitcoin core is bugged Tongue

It's still showing that message for me on all 7 of my bitcoinds but the last 4 hours has only been 25 blocks.

Edit: 22 now Smiley
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
Hi justme, I'm quite new to the pool also having been on for only a week and a half.  I too have been doing much studying as my Engineering geekiness demands before jumping into Bitcoin mining, but if you have the time try to read all 300+ pages of this thread.  You will learn much of the genesis of this pool, its growth, its ideals as per the pool's sysops ck and kano, and indeed some of the politics going on between different pools and the philosophies by which they run.  Fascinating stuff and well worth your time.

AFAIC, this is the only pool to have your hardware pointed to.  Set and forget.  Grin
Cheers,
VRobb
newbie
Activity: 6
Merit: 0
Just wanted to say hi, been mining with this pool for a few days now as (justme). New to it all so any help about cranking my 2 lil S3's would be kind.

Been reading up as much as i can but i get burried below all the info for now ;-)
legendary
Activity: 3486
Merit: 2287
Top Crypto Casino
Ahhh a new block after lunch feels good  Cool
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Kano,

Have you ever seen the bitcoind give this warning..

WARNING: abnormally high number of blocks generated, 48 blocks received in the last 4 hours (24 expected)

Best Regards
d57heinz
Yep pretty common for the last day or so ...
The discussion I saw on reddit seemed to think it was a one off occurrence, but it's been happening for over a day now ...

One could easily calculate the CDF[Erl] for N blocks having a average difficulty of 50% ...
The reddit discussion seemed to lack any useful statistical knowledge Tongue

So N=48 mean=50% assuming no hash rate increase:
http://www.wolframalpha.com/input/?i=CDF%5BErlangDistribution%5B48%2C+48%5D%2C++0.5%5D

Which gives: 0.0000104284 or 0.00104284% chance or 1 in 95892 (about once every 43.76 years)

So clearly the odds are WAY against it being a statistical anomaly since it's still continuing, thus there's at least some hash rate increase related to it ...

Ahhh very nice.. Ive been watching the hash we had a heck of a spike just recently. can be seen really nice here.. http://bitcoin.sipa.be/speed-lin-2k.png  Then i goto this page to see who is behind it Smiley  http://data.bitcoinity.org/bitcoin/hashrate/30d?c=m&t=a

Will i have to do anything to the wallet im mining to or will it just correct itself. I am seeing that the bitcoind process is using a abnormal high amount of ram. Not sure if that related to mempool. Or just a memory leak. Seems to increase the amount of ram i need slowly over time..currently im at 5.92 Gb of ram for that process. Is that normal?

Best Regards
d57heinz
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Kano,

Have you ever seen the bitcoind give this warning..

WARNING: abnormally high number of blocks generated, 48 blocks received in the last 4 hours (24 expected)

Best Regards
d57heinz
Yep pretty common for the last day or so ...
The discussion I saw on reddit seemed to think it was a one off occurrence, but it's been happening for over a day now ...

One could easily calculate the CDF[Erl] for N blocks having a average difficulty of 50% ...
The reddit discussion seemed to lack any useful statistical knowledge Tongue

So N=48 mean=50% assuming no hash rate increase:
http://www.wolframalpha.com/input/?i=CDF%5BErlangDistribution%5B48%2C+48%5D%2C++0.5%5D

Which gives: 0.0000104284 or 0.00104284% chance or 1 in 95892 (about once every 43.76 years)

So clearly the odds are WAY against it being a statistical anomaly since it's still continuing, thus there's at least some hash rate increase related to it ...
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Kano,

Have you ever seen the bitcoind give this warning..

WARNING: abnormally high number of blocks generated, 48 blocks received in the last 4 hours (24 expected)

Best Regards
d57heinz
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
How long have you been mining on kano.is?

Somebody says it`s good pool. Im in coffee brake now on workplace...  Smiley Couple of days, and i need help with config.
S7 in my mind. Its 180 GH/s S1 in use.
member
Activity: 98
Merit: 10
Hate waiting but should have my part in Wednesday to get my hash back up to 6TH.
legendary
Activity: 1500
Merit: 1002
Mine Mine Mine
2 x block today ? me likey quickie

been moving around n see how does the reduced variance works out.

not looking good atm.

back here for a bit to rebuild the 5dn.

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Hello,

Wheres my shares?  Huh I have followed info and i have antminer s1 running all the time
I have coinmotion account in Finland

1NCmczeEcL3rrNcRpcXZFYLDuGTNcMe3JD
If you mean the username account on the pool of 'Hannu'?

You never connected to the pool to mine, so you have no shares.
The account also has no payout address.

There is no address mining to 1NCmc... ever connected to the pool either.

I guess next time you show up in IRC using that other name you use we'll have to point you to somewhere that can translate english to finnish http://kano.is/
( though last time I did  tell you to use https://translate.google.com/ )
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Hi kano & ck,

I have been mining here for a while now, & even got lucky and found my 'first ever' block although I have been mining BTC almost from the beginning (2010). Now, it would seem the 'little guy' mining is dead. I run 24/7 using 2 S3+s and 2 rBox110s for ~1.12TH total.

I have come to know and respect both of you for your knowledge, dedication, hard work & experience, so I need some advise. With the pools increase in hashrate and everything occurring with BTC halving, network diff on the rise, etc, I have been contemplating returning to the days of solo mining again.

I would like to hear your thoughts on the matter. "Should I stay or should I go?" (needs music) I want your professional opinion. Give it to me straight. Solo or pool? Why?

Thanks for the good/bad times.

Respectfully,
CapnBDL
     Cool

OK...I see I am gonna get over shadowed by all the Noob questions....so I am quoting myself above. And...Please... this is a question for 'old' friends, so no Noob answers, OK? Really Guys, thanks for the co-op on this one.

Regards!!
Well to state the expected statistics ... Smiley

Firstly, you have to consider what the cost is to mine.
Some people rent and others use their miners.

If you rent then you can expect the PPS cost of mining to be greater than the PPS reward.
i.e. a net expected loss.

If you mine with your own hardware, then the cost is a combination of getting the hardware, managing the hardware and electricity cost.
i.e. PPS - cost. Hopefully cost is less than PPS ...

However to put the PPS values into relevant expectation.
If you mine millions of blocks then you would expect:
Code:
 0.63212055882856  100.000%  1 in 2.7
 0.77686983985157  150.000%  1 in 4.5
 0.86466471676339  200.000%  1 in 7.4
 0.95021293163214  300.000%  1 in 20.1
 0.98168436111127  400.000%  1 in 54.6
 0.99326205300091  500.000%  1 in 148.4
 0.99752124782333  600.000%  1 in 403.4
i.e. in the first case, you'd expect to have to break even or worse (100% PPS or more) to get 25BTC for 1 in 2.7 blocks.
i.e. one in a fraction more than 2.7 blocks you find, you are expected to lose

In the second case, you'd expect to have to mine 37.5BTC or more (150% PPS or more) to get 25BTC for 1 in 4.5 blocks.

So when pool mining, you expect long term to get 100% - fees - orphans + txn fees
and same for solo mining.

But with pool mining, if you don't find a block, you get paid your expected proportion, whereas with solo mining you get paid only if you find a block.
Long term they both work out the same, but mining solo is the higher short term risk choice since you can win or lose all Smiley
legendary
Activity: 1590
Merit: 1002
HERE IS ONE MORE MOST IMPORTANT INFORMATION

On Kano pool Kano or Ck support is great no word to explain (Sometime i do not understand complete maths but its OK. I have trust in them).

On other pool like ant pool support is equivalent to zero...let me put in other word they will steal your hash power and will tell you to fuck off.

I am putting above lines after having experience with antpool.

If someone want a good support + good BTC + free knowledge this is the place.....


This is my view...i leave rest you guys to decide.

100% agree with you on this. Wish I had landed here a long time ago.
hero member
Activity: 777
Merit: 1003
How long have you been mining on kano.is?
hero member
Activity: 1063
Merit: 502
RIP: S5, A faithful device long time
Hello,

Wheres my shares?  Huh I have followed info and i have antminer s1 running all the time
I have coinmotion account in Finland

1NCmczeEcL3rrNcRpcXZFYLDuGTNcMe3JD
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