Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1946. (Read 5352097 times)

Sounds good...  Thanks for spreading the word!!!

bringing my buddy to the pool, not big but abt 20+ ths. will be here in couple of hours still early at this part of the world.

let's go rock & roll !

& he might convince his buddy to bring over 160ths.

Yes the added latency will increase stales (at block change time)
Also the new "Show Details for Invalids:" at the top of the workers page will show you exactly why you are getting invalids.

Edit: those stats reset each time we find a block.

I managed to find a proxy I can use.  Brought 17Th to the pool.

Edit: Running a proxy does result in slightly higher stales (0.5%)

Thank you very much, wikkidtt.  I've been sleeping.  Stayed up too late last night.

I know this block is a bit long at the moment.  A good way of looking at it is your 5N is accumulating.  When a block is found, you are a little higher up in the N range to get a little higher payout.

2 minute count down

Edit: done (4 minutes ago)

Your pool/bitcoind configuration decides what transactions are in your block work.

If you configure your bitcoind to ignore transactions with e.g. high relay fee requirements or tiny block size limit, you can drastically reduce the amount of transactions in your blocks you find.

Some pools generate them on purpose - e.g. SPV mining or like how eligius works

The exception to this is if you actually empty the entire transaction list in your bitcoind and then request new work before any new transactions come in.
The two ways to empty it are:
1) restart bitcoind (yeah that should be rare) and ask for work exactly when it first starts before it gets any transaction (very rare)
2) create a block using all the transactions you have in your bitcoind then request new work before any new transactions come in (next to impossible - and also even less likely with how kano.is works)

In the case of kano.is I know it has only happened once ... coz the code didn't allow it ... that problem was item 1)
So I had to fix it to allow it recently.
https://bitbucket.org/ckolivas/ckpool/commits/3e112c73e3c5e4bf59965b263cf65b5547514c88
Of course that wouldn't be a case of ckpool ignoring a block if one was found, that was just the database back end of ckdb needed fixing to store the empty work information.

It wont happen by accident except in such rare situations that it's pretty much valid to say it wont at all unless you configure it to happen.
Even in the rare case where we had empty work here, that was only block work sent to miners, no one actually found any blocks when it happened for the very short time they had 'no transaction' work.
If someone did happen to find a block, yes we'd all get a 25BTC block instead of the typical almost 1% more than that.

In the very early days of bitcoin there were very few transactions and it was possible that there were no transactions outstanding to mine into a block and there was only the block reward (which was 50BTC at the time). These days with ~10k transactions always pending, there is never a period where there are no transactions outstanding.

This pool would never, under ordinary circumstances, generate an empty block so your question is moot.  It only "just happens" if the pool software allows for it.  I am of the opinion, as are many others, that bitcoin itself should not allow "empty" blocks regardless of which pools are doing what, but that's another topic...

me want some chicken too. hungry !!! yum yum.

yeah nice to see the red line on shift graph.

happy to see many joined.

time for block & reward miners.

Eating a nice chicken roaster now. Fingers crossed.

I found an empty block once, I wasn't particularly looking for it and it just happened. I thought it just happened sometimes because you just happen to satisfy the proof-of-work and you couldn't force it or look for those only. Does this pool somehow refuse the 25 BTC if it happens to hit on one? Would anyone?

It is too bad that this needs to even be stated. Mining Empty Blocks defeats the purpose of mining and thereby devalues mining itself. Mining is to continue the blockchain and verify transactions, right?

I don't have enough knowledge on the subject, but I don't understand what advantage anyone thinks they get by mining Empty Blocks. Even if it was 30 seconds quicker to get the work changed over, does it really increase their luck in solving it quicker than any other pool/miner? 

Just again to let everyone know, this will be coming up in an hour.
I'll post once more just before then.

Meanwhile
Pool has been powering along at over 5PH since yesterday (well 'my' yesterday)
The block change times have also gone down some more with -ck's changes in there to improve that also.
Still sending out work with transactions left, right and centre and getting good txn fees

No SPV and no Empty Blocks ... and super fast block changes.

Just remember, for all the new miners coming in

The 5Nd means it takes that long to pay your shares.
The ramp isn't missing payouts, it's delaying them to reduce variance.

Your shares are rewarded in all blocks found in the 5Nd (currently about 4.5 days) after they are submitted.
Thus they get rewarded ~1/5 of their value per block found, with an expected average of ~5 rewards (if luck is 100%) in 5 blocks

That's simply how it reduces variance, each share's reward is averaged out over the (currently) 4.5 days after it.

We don't need beer, we need chicken!  Go have some chicken with that beer.

It seems here that we go about a day with nothing and then we hit a few in a short timeframe and then we go a day and then hit a few. 

Clearly it's not quite that consistent but that just seems the general vibe since I've started here a number of weeks ago.

Gentleman, the only thing we need now is a new block!
Just opened my first beer for this evening, I'll hope this can solve the problem 

Ok. Moved 5th over and will move another 5th tomm. And if all goes well in a month I'll move another 10-15th over and wait another month And do the same again

Had 'em up 2+ hrs. Going by the miner status and the pool,  they're running as expected.

+1