Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 219. (Read 5352229 times)

Not at all.  2 S9's now but I had a S9 and S7 before.  


I should add that I had to go off line for about 30 hours total around the 5th of the month so I probably lost about .001 for the month because of being offline.  Basically it was 1 Diff.

Yeah you did it again.
Fixed.

You have to use your username to login as it says on the login page, not your email address.

@Minergain

Thanks for the help!!! A simple 1 month spread sheet with 1 S9, like swanny88 did, would be great. Since alot of people use S9's it gives people a good base to start with, when comparing their equipment. This way, it could help people with X amount of S9's or similar hashrates.

Shazam, I have all kinds of real-time stats including my kano mining info, BTC prices to the minute, mempool, difficulty and all kinds of real time info.  I am a techy and not always the best at presentation - which you seem great with both.  In any case, I could easily code up a special image/chart or html that you can embed into your promotions if you can come up with something that is easy to understand at a glance (nice formatting).  Here is a monthly summary for my single s9 on Kano - pretty much no down time so around 13.6Th/s average.  The miner rewards page can also show individual block, daily, weekly and yearly summaries.  I also have the pool users and hash that I could average out to the timer period if would be good to include.

KanoPool Monthly BTC Reward List:                        
                        
Date   Blocks   Reward   Dollars   $ Now   Gain   Coin/Day   $/Day   Days
2018-05   6   0.0070868   $62.98    $59.86    -4.96%   0.0005238   $4.65    13.53
2018-04   22   0.0278895   $222.41    $235.56    5.91%   0.0009297   $7.41    30
2018-03   20   0.0545584   $485.70    $460.82    -5.12%   0.0017599   $15.67    31
2018-02   5   0.0177944   $166.24    $150.30    -9.59%   0.0006355   $5.94    28
2018-01   8   0.059831   $832.72    $505.35    -39.31%   0.00193   $26.86    31
2017-12   10   0.0892185   $1,189.85    $753.57    -36.67%   0.002878   $38.38    31
2017-11   16   0.0808605   $626.45    $682.97    9.02%   0.0026953   $20.88    30
2017-10   35   0.0661209   $345.59    $558.48    61.60%   0.0021329   $11.15    31
2017-09   47   0.1068673   $458.01    $902.63    97.08%   0.0035622   $15.27    30
2017-08   48   0.1153894   $446.97    $974.61    118.05%   0.0037222   $14.42    31
2017-07   6   0.0095916   $26.29    $81.01    208.14%   0.0025181   $6.90    3.81
Total   223   0.6352083   $4,863.22    $5,365.16    10.32%   0.0021878   $16.75    290.34

This obviously is ugly too - and one of those fancy charts may look better.  I also have this level of details for flush too, but probably better to just stick with the Kano results?  Anyway, something to consider if you would like me to spin something up for you.

This is Great!!! Would you mind if I shared this in my promoting??? What equipment are you using??? Also, the 3x days are Awesome!!!

Instead of looking at daily payouts.  I like to look at the whole month or combination of months.

https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing


But I'll admit it is nice getting 3 payouts some days...haha

Evening guys  

Any EU people willing to sell me some mining gear ?
Been hustlin for weeks to try and grab some equipment but nothing around these parts that`s worth a look at,only really really old gear (that i already got a few of) and Scams-Ahoy
Asking for something around let`s say 800-1200$ ?
In desperate need of more TH
Much appreciated

EDIT : If any of you are willing to ship internationally,i`m also in on that,if the shipping costs don`t exceed smth like 200 bucks...Running really really low on options here   

Quote from: drumsticks on May 14, 2018, 11:30:55 AM

I was anticipating a payout on almost a daily basis...

Welcome!!!

 Although, in BIG CORPORATE POOLS, there can be enough overall hashrate for daily payouts, they are smaller than the rewards here.
Not to mention, the fees are higher, or altogether hidden in fine print. Also, people who join Kano'sPool with the "I get paid daily"
frame of mind, see smaller Rewards during the 5nd ramp, and instantly feel they are getting less than they deserve. They input their
numbers into an online calculator, and don't see the same results. However, those calculators don't figure in the 5nd. Out of fear, they start assuming they're better off somewhere else, before learning about the 5nd and getting their first "full power" rewards.

As Biffa stated, it all evens out. There is 100% truth to that statement. The variance can be nerve rattling at first, but when you
start getting full rewards, and you IGNORE the calculator, the initial fog clears. I've always looked at it as...I don't get paid daily at work.

Ultimately, at the end of the day, it's your decision, but if you're in this to learn about Bitcoin and want to earn more over the long run, there's no better Pool. Goodluck!!!

Still not working. I usually login from a few different places.

Glad to see you're still kickin' butt Elaine!  Keep safe over there, and MINE ON! 

Miners are rewarded with new BTC in addition to the transaction fees included in the block. How the pool operator divvies that all up is the difference.

When all the coin are generated (note that I did not say all blocks are "found") there will still be blocks to be processed, and my assumption is that our ASICs will still be doing the same thing, but only for tx fees and no additional BTC reward. How that will play out in reality, which will be a direct result of spot price, is anyone's guess, I think.

I'm probably wrong, but I'm still half wonky after three weeks on a disaster op, a staph infection, and a few other fun things. Mine on. 

By the time all the blocks have been found we'll likely be dead and there will likely be a new form of currency.

Please don't take this the wrong way but google is great at answering a ton of these questions that aren't related to the pool.  The next subject I would read up on is "difficulty" and how it affects the amount of BTC you can earn per day/month/week.


Here is another good page to read as well.

https://bitcointalksearch.org/topic/kanopool-kanois-lowest-09-fee-since-2014-worldwide-2432-blocks-789369

Yes, the last block had roughly .51BTC in it as fees (after kano's pool fee was deducted).   

Yes when a block is found, this pool includes the transaction fees when it pays the miners on the pool, proportionately to the amount of hash power each miner provides to the pool.

But when all the bitcoins run out, we will just be mining blocks for the fees alone.

Thanks again, Biffa.  I'm on board with everything you said.  Just curious, are we not paid with any sort of transaction fees now?  I thought that was the #1 way we were getting paid with Blocks being found as a bonus.

drumsticks, it works the other way around too.

Sometimes we might go a few days and only find one block, and other days we find a few blocks in one day. In the end, over time it evens out to around 100% of what is expected.

That "over time" bit depends on the size of the pool, this is called variance. The larger the pool the smaller the variance, so that it evens out to 100% of expected in a shorter time.

At the moment I would say we have good months and bad months, but over a year we hit 100% or greater expected return.

When all the bitcoins run out, we will be mining for the transaction fees, but that won't happen for a long time as there are nearly 4 million blocks yet to mine.

Thank you, Biffa.  I didn't realize we were paid only for finding blocks.  I thought finding a block was like an added bonus of some sort, not the only way we get paid. 

My understanding is completely incorrect now and I will have to reread how this all works.  I was thinking the average of the difficulty was supposed to help even out our payouts but I don't see it actually working out in this manner.  Especially, when there is no payout for 5 days and nothing to come of it after all of that time.  That's a lot of cost and time for nothing. This is not a complaint, but a realization that there is more risk to mining in this manner than I was thinking originally.  I was anticipating a payout on almost a daily basis, but it's far from that after seeing recent payouts over the past couple of weeks.  Basically, there are times where we could essentially get paid nothing for offering our service.

What happens when all of the BTC blocks are found?  Are these ASICs basically rendered useless?  I understand that the ASICs are meant for SHA-256, so maybe Bitcoin Cash or another SHA-256 crypto is what we would be forced to switch to?  Is this what would have to happen?

Thank you.

No thats correct, and tallies with my payouts.

You only get payouts when we find blocks, and only then after 100 confirmations of that block.

Hello Kano Members,

I have been running a few ASIC miners here for a while and usually see that sometimes it takes a few days for payouts to catch up.
Recently,  I have been seeing payouts maybe every other day and then between May 3rd and May 8th, there was no payouts happening.  Since then, there was two payouts on May 9th and then one payout for the 11th, 13th and 14th of May.  There was one day where my ASIC miners went down for about 1/2 a day over this past weekend, but I don't think that would have caused any issues for what seems to be missing payouts.  Is anyone else experiencing this or could there be something wrong happening with just my account?

Thank you.