Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1921. (Read 5352119 times)

Ok good i thought it was just me.. Miners still chuggin along tho..

http://downforeveryoneorjustme.com/kano.is

eidt nvm  miners just failed over back to slush

best Regards
d57heinz

that last christmas block may have taken the site down with it.    miner still humming along though.

Hey guys new here. Have an S7 on the way (first week of January should be hopefully). Pretty excited to start hashing, just sold off my USB miners so a bit bored waiting for the S7 to come in. Have a lowly 3GH/s Avalon Nano running right now

If you are expecting to get an ROI on hardware greater than cost and running expenses, then more hardware will mean better ROI.
If you are expecting to get a negative total ROI then more hardware means more loss.

But that's up to you to calculate based on expected return, your own costs and the cost of the hardware - and any resale value it 'might' have later.

One point to note is that there is no exact date when bitcoin will hit block 420,000. Anyone saying a date is just estimating it.

Once bitcoin reaches block 420,000, the coinbase per block will be half, 12.5BTC
The transaction fees may be the same, higher or lower.
By then the difficulty per block will of course be expected to be higher.
How much higher? No body knows for sure.

No answers as such, since there are 4 unknowns:
1) When block 420,000 will be
2) Network difficulty between now and then
3) Pool Luck between now and then
and
4) The price of bitcoin then

--

Mining at multiple pool will reduce your variance
i.e. expect to make a "below expected reward" closer up to expected and ...
expect to make an "above expected reward" closer down to expected

Luck is fickle so it may make it better or worse, it's just expected to reduce variance.

If you mine at 2 pools with different proven rewards, then the expected result is to end up between the two pools.

The trick is finding another pool with a good track record meeting their expected reward.
... though if you want to discuss any particular other pools, do that at the other pools

Merry Christmas everyone!

Since mining with kano.is, I have decided in investing 6 more s7s and with my current 4 x S7s I am seeing the benefits and I think I am really happy here.

I have newbie question and would like to confirm my logic...

Let's say, I have 10 x S7 now mining x BTCs per period of time

Come 07-19-2016 - BTC reward block halving...

Would I see only 50% of x BTC per period of time?

To get back the 100% x BTC per period of time, would I then need 2 x (10 x S7) = 20 x S7s?

Why I am asking is a fellow miner was comparing maximum pool payout between kano.is and the rest, and advised me to not to put all my S7s "in one basket" because his logic was "every miner should try to get maximum BTC payout from now to July 19th, 2016" before its not worth mining anymore (ie. rewards are less than expense, electricity etc). He also advised me not to chase that dream of getting more s7s after July 19th because the difficulty level at that stage will be too high.

Comments?

I am sorry if I am posting an awkward question here, but I would like to hear expert views from the forum.

Just got a text from Yoshi
New 4.6 in ups hands
Merry Xmas all.

I smell a block

Merry Christmas everyone!

Let's say, I have 10 x S7 now mining x BTCs per period of time

Q: Installed the CKPool Kano app...entered my API but keep getting invalid BTC address notice. Any ideals? Checked everthing closely and re-installed...still same notice...ugh! Help

ftfy

Anyway, I put up the limit to 988,888 yesterday (and edited the first post)

Nothing has changed since the BIP100 vote was added to our (and other) pool coinbase sigs, other than gazik showing that BIP100 was a scam by the bitcoin core devs.
The bitcoin core devs seem to think that they control bitcoin, and that it isn't a peer 2 peer currency.
There are ways to prove them wrong, when you have a very large % of the mining network showing agreement for a change that the devs want to flex their imaginary power and push their agenda and bury it rather than proceeding with the obvious agreement of the majority of bitcoin mining.
The core devs want side chains and are pushing that since that is in their personal financial interest.

There is no need to force anything, there is a need to put in place BIP100 and allow the network vote, to accept or deny it, to occur.

I don't like the idea of block sizes growing at an exponential pre-determined rate, determined by one person.
Over 99% of the mining network has agreed to that and thrown out BIP101

Yes, in general, any block voting will effectively mean that pools will decide the vote, but the simple issue there is that if people care about bitcoin and what they want, they can vote by going to a pool that does what they want.

I also think that what I've done with regards to SPV is a point to show how bitcoin can work.
1 person can't make a change, but 1 person can inform others and make it well known what is going on and effect a change that way.

Happy Saturnalia

... and a payout due in a few blocks