Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1984. (Read 5352429 times)

Thanks for your comment, even though I am perfectly aware about all of that including the part that you said Kano must sleep. So you don't need to be sarcastic like that.

I was just wondering why my second payout on https://www.blocktrail.com/BTC/tx/a8a8b85b019db40034e260e31ac18e42e682a36b465b2b147e86da2df7069846, take so long to get confirmed. It got 5 confirmations as I am writing this, so it took almost 3 hours. My guess is that the transaction fee for that is too low, i.e only 0.001 BTC. As I wrote before, I am testing this pool. This kind of figures are the ones that I am after, to decide whether the pool is good or not.

"When are payments sent out?

The block 'Status' must first reach '+101 Confirms' on the Blocks page, and then is flagged as 'Matured', before the reward is distributed.
The block reward is sent out manually soon after that."



Kano must sleep from time to time so he will process payments as soon as he can. block 384805 is still being confirmed through the network so that might be confirmed when Kano processes the payments for block 384724.

actually looks like a payment just went through. But payment for block 384805 is still to be processed once 101 confirms has been done and Kano manually processes it.

I believe the minimum payout is 0.0001 BTC. But don't take my word, wait for Kano to confirm this.

I am also testing this pool for the first time since yesterday. I got my first payout for mining in about few hours with 100 Gh/s. I am wondering why my second payout has been unconfirmed in more than 2 hours now, https://www.blocktrail.com/BTC/tx/a8a8b85b019db40034e260e31ac18e42e682a36b465b2b147e86da2df7069846. That makes me wonder as well what will happen to my third payout from https://www.blocktrail.com/BTC/block/000000000000000004255fdaeb53238eae239e2bd28f7f90f693fb2e6090eee7.

is there a minimum payout amount? just wondering how much my small miner needs to make in dust payments before I find out if everything is working.?

Well
For the last 100 blocks we're over 100% and the last 5 blocks ... just not 'red october' in the middle.

Not surprised, I've noticed antpool hashrate go up by over 20 PH/s in little over a week. Looks like people have got their S7's in time for Christmas.

Awesome! at this pace we'll balance to 100% luck very soon

... and another

Holy crap....

Congrats Capn and BTCWoman it is nice hitting multiple blocks per day with the smaller hash we have, and I think it is like a nice family reunion on thanksgiving.
If thanksgiving were more about us making money and patting each other on the back for it
Thinking a bit more it does indeed sound like a pretty funky great Turkey Day. Maybe the new Chicken is Turkey, Bock Bock 

Load up the Frozen Turkey blaster and lets start blowin more blocks away. GG

The estimated diff increase is looking blasted bad, so may as well do it up now.

Lets see what we can get going with some playing around with hash tonight 

party time is right!

Bitcoin Difficulty:   65,848,255,180
Estimated Next Difficulty:   72,643,178,782 (+10.32%)

384724 (Main Chain)    2015-11-22 01:44:00    0000000000000000102564492d78838b852eab19e527fc07dae931c88afb97ce   at 76.072%
384498 (Main Chain)    2015-11-20 19:15:26    0000000000000000041dabfdc7d31bc68ad589556404d973d960d799af4d7246


party time!!!

Another block!

Yeah those two number may produce the same result, but the actual result changes over time.
If the pool was always 100% lucky, the pool hash rate stayed where it is now, and your hash rate stayed constant, then the block % would also equal your payout % every time.
If the pool hash rate average changes or your hash rate average changes, then they wont be equal.

The basic mining rules (ignoring difficulty changes) are:
If your average hash rate goes up/down, you expect to average more/less BTC per day (yeah that's not 'per block')
If the pool hash rate goes up/down the pool expects to average more/less blocks per day.

However at the block level, if the expected blocks per day goes up (coz the pool hash rate went up), that would also mean that the expected payout per block, for the same hash rate, will go down - since your hash rate hasn't changed, just the pool's hash rate has changed - which is now expected to find more blocks to pay the increase in shares submitted. Your expected daily reward is still the same for the same hash rate, but now since there are expected more blocks per day, your average payout per block will drop to counter balance that.

The thing that determines the effect on your daily average you receive, if you have a constant hash rate, is the pool's "luck".
While your hash rate is the same and the pool's hash rate is the same, you get the same reward per block
If the pool's luck is above/below 100%, that means there are more/less blocks found than expected, so your average daily reward goes up/down (again due to there being more/less blocks found than expected)

Congrats on solving a block, Capn!  I only hope to have the same luck with my S3+, good to see that they still can produce a share better than today's difficulty.

I was playing this song  https://www.youtube.com/watch?v=hKRAFPHD8W4

Cool, thanks!! Why the devils number? LOL

It is sooo cool you found a block with your miners I send you a small extra of 0.00666BTC for finding this awesome block

yyy.worker1 (1THs) - 0.05% block ~0.01 btc
zzz.worker1 (1THs) - found block (= yyy.worker1(0.05%)) ~ 0.01 btc ?

HiYa folks,

Just a quick bit of info on my mining. I have been doing this a long time, almost since the BTC concept began (Silkroad and all) and was solo mining using just my CPU. I didn't have anything more than what my computers had built into them and being a 'geek' for this and a retired custom system builder, my stuff is usually the best that I can afford, better than the stock stuff on the shelves. In all that time I was never lucky enough to find a single block. Slushs Pool came around and I gave that a shot for the better part of a year (maybe more), hated the payout. Tried Eligius, P2P, and GiveMeCoins (still mine LTC & PPC there) and still never hit a block. I knew when kano.is came online but was intimidated by the numbers being pumped out. I've been on BCT a lot longer than my profile shows, mainly as a lurker and seeker of knowledge. I finally felt comfortable with mining here and always knew this was the place to mine. Best pool around, don't know much about the solo pool, but with my luck, it's pool mining on www.kano.is for me. Best OPs in the biz!!

I learned all the in's & out's, but being the 'average joe', I still had cost to consider. I am retired, my sig line is true and this is what is built now:

Two - S3+ operating (CapnBDL.1&2) in the pool.
Two - RockMiner rBox110 (CapnBDL.3&4) in the pool
Five - USB RedFury sha on GiveMeCoins PPC pool
Three - Gridseed Blades with 1 always mining LTC @ GiveMeCoins and the other 2 mining whatever scrypt I feel might offer a reward in trading for BTC
One - nVidia GTX750Ti2GB video card mining 'quark' on a multi-payout pool.
Any additional equipment pops my circuit breaker (maxed out)

All of these are running overclocked with the exception of the s3's (the electricity outweighed ROI)

I have some other miners NOT on-line (both sha & scrypt), soon to be 'fleabay' listed. (good stuff)

I am ROI on equipment but the electricity cost is close to break even. It's my retirement hobby.

This is the first time (and last) I've ever given out any detail on my experience or equipment, but I am 'NO NOOB' at this. Not sure why I felt the need to air all this out but there it is.

YEA for the pool...My first block, happy to share.

CapnBDL