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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 2205. (Read 5352097 times)

legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
337099 and 337109 payouts sent and confirmed
The new block (337209) +101 confirmed 337109 Smiley
Payout 337209 sent and confirmed
Payout 337274 sent and confirmed
legendary
Activity: 966
Merit: 1003
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Glad to see the pool behaving as it should ... random Cheesy
legendary
Activity: 966
Merit: 1003
Aaaaannnd we gotta greeny Cheesy
legendary
Activity: 1232
Merit: 1000
#337099 found. Now we need a couple fast and green blocks...
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4

No I'm wondering why block halving in general would be considered good news?  We would be getting less per block found, and theres absolutely no guarantee price will go up

I don't care what you are "wondering" about 'WHY" I asked "MY" question.

I'm telling you I asked it cause I first thought it would be December, 2015.

Anyone would know one would be getting fewer bitc per block when it halves.

I just wanted to know WHEN it halved.

Go try to put words in someone else's mouth.  Not working here buddy!
Hmm, OK, not sure what is wrong with asking "why" ...

Indeed the drop from 50 -> 25 did not trigger a double in the price of bitcoin, so it was indeed an immediate (temporary) loss in mining revenue.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Block reward halving is every 210,000 blocks
First one from 50 to 25 was Nov 2012.
From https://blockchain.info/block-height/209999 to https://blockchain.info/block-height/210000

Next one (420,000) from 25 to 12.5 will be about Oct-Nov 2016.

210,000 blocks is ~4 years at 10 minutes per block.
Since difficulty has almost always gone up since 210,000 and thus on average blocks have been less than 10 minutes, it will most likely be less than 4 years between 210,000 and 420,000
full member
Activity: 134
Merit: 100
Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock:
http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes)


Thank You very much!!!

Book Marking it now...

After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year.

That is excellent news to hear.

how is that excellent news?

It's excellent if one thought it was December 2015; like I did.

No I'm wondering why block halving in general would be considered good news?  We would be getting less per block found, and theres absolutely no guarantee price will go up

I don't care what you are "wondering" about 'WHY" I asked "MY" question.

I'm telling you I asked it cause I first thought it would be December, 2015.

Anyone would know one would be getting fewer bitc per block when it halves.

I just wanted to know WHEN it halved.

Go try to put words in someone else's mouth.  Not working here buddy!

I'm sorry if that came across badly.. I didn't mean it in a derogatory manner... i get it now that I reread it, you thought it would half in 2015 but it's 2016  Grin

I thought I was missing something and there was a benefit to block halving..

sorry for the mixup
full member
Activity: 134
Merit: 100
Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock:
http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes)


Thank You very much!!!

Book Marking it now...

After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year.

That is excellent news to hear.

how is that excellent news?

It's excellent if one thought it was December 2015; like I did.

No I'm wondering why block halving in general would be considered good news?  We would be getting less per block found, and theres absolutely no guarantee price will go up
full member
Activity: 134
Merit: 100
Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock:
http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes)


Thank You very much!!!

Book Marking it now...

After that news, I will most definitely invest in rigs and power upgrade to the house to assure I have a minimum of 130 TH/s by the end of the year.

That is excellent news to hear.

how is that excellent news?
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Since bitcoin block reward cut in half in December 2012, does that mean it will not cut in half again until December 2016?
It can only be an estimate, but here's a countdown clock:
http://bitcoinclock.com/

Reward-Drop ETA: 2016-07-31 03:44:40 UTC (82 weeks, 2 days, 22 hours, 20 minutes)
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Payout 336786 sent and confirmed
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Payout 336711 sent and confirmed
hero member
Activity: 543
Merit: 500
Next block found at 90%

Unfortunately you can't accurately estimate the network hash over less than a week or 2.
That's why the difficulty adjust is every 2016 blocks (2 weeks)
Any site that shows you numbers based on less than 1000 or so blocks, is no more accurate than divination using the cut out hearts of fluffy bunny rabbits ...

P.S. it's 2015 here in less than 15 minutes Smiley

Happy New Year Kano! Here's to a prosperous year for the pool.

Cheers!
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Next block found at 90%

Unfortunately you can't accurately estimate the network hash over less than a week or 2.
That's why the difficulty adjust is every 2016 blocks (2 weeks)
Any site that shows you numbers based on less than 1000 or so blocks, is no more accurate than divination using the cut out hearts of fluffy bunny rabbits ...

P.S. it's 2015 here in less than 15 minutes Smiley
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Block found 341% - so not that bad at all actually Smiley

Edit: 341% also means that all shares in the block will be paid since we pay the last 500%
hero member
Activity: 1249
Merit: 506
my measly 2.5TH comes back in about 35 minutes, not like it will help much, but you never know.
sr. member
Activity: 471
Merit: 250

Pool luck has been very good recently, but of course this has to change at times. This pool currently shows 3,488THs ... by comparison look at BitMinters luck over the last week. They have roughly half the hash rate, and the last six blocks average 4+ days to 50 minutes.

legendary
Activity: 1232
Merit: 1000
Ok this is how I am feeling waiting on this block...


legendary
Activity: 1218
Merit: 1001
This has probably been addressed already, so sorry if I can't seem to locate it, but is there a way to remove workers that are no longer used from the worker list?
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