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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 243. (Read 5352633 times)

copper member
Activity: 24
Merit: 0
I just found this for Windows:
https://networkguy.de/?p=771

Results:
https://i.imgur.com/ULf3Mzg.png

Edit: I also got a response from sg.kano.is:3333
Excellent Smiley But stick to port 8080 but don't use 3333 Tongue

The reason to use tcping, is to compare the different nodes to work out which is closest.
But don't take too much notice of the actual numbers it returns vs a normal ping Smiley

West Iceland to uk.kano.is 58.81ms
newbie
Activity: 5
Merit: 0
I have a noob question here.  I just received a Terminus R808 pod miner which I pointed to this pool over the weekend.  My miner was online for the last three blocks found.  They have all matured so I would have expected a small fraction to be sent to my online wallet.  Is this amount so small that it gets all eaten up in fees with each transfer?  Just wondering why I have not seen anything yet.

Yes I know it is not profitable.  Just trying to learn the ropes and have some fun.

Thanks.
legendary
Activity: 1694
Merit: 1002
Go Big or Go Home.....
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!
Coz diff increased.

First block 1-May-2017 464270 Diff = 521,974,519,553
Current blocks Diff = 4,022,059,196,165

So Diff increased ... 7.7 times since then.

So you'd expect to find, with the same hash rate, only 1/7.7 as many blocks per day compared to a year ago.

Correct me if I'm wrong, but doesn't this also mean that each one of our miners is expected to generate only 1/7.7 = 12% the amount of BTC it was expected to generate a year ago? With the diff increasing this fast it can't be much longer before the current generation of miners are no longer profitable without a serious jump in BTC value.

I remember 2 or 3 years ago people running 1TH+- miners (S5's/S4+'s,SP20's, C1's) and they only profited about $20-30 per machine , per month and it was STILL profitable to run even at high power prices. Today, an S9 still earns a minimum of +50% even if you're paying the US average of power costs.

I wouldn't recommend an S7 or below though unless you're using solar and have a huge deficit that the crappy power companies give you a laughable credit of around $0.03 on. Then those are still profitable as well.
full member
Activity: 658
Merit: 118

Correct me if I'm wrong, but doesn't this also mean that each one of our miners is expected to generate only 1/7.7 = 12% the amount of BTC it was expected to generate a year ago? With the diff increasing this fast it can't be much longer before the current generation of miners are no longer profitable without a serious jump in BTC value.

You are correct - difficulty rising means that, in order to stay competitive, you must constantly upgrade your farm and added more hash power.

However, no one can predict what the price will do. Even though they were very old, when the price was at $20k, some last gen miners were profitable to run even.
full member
Activity: 350
Merit: 158
#takeminingback
22 BTClocks in the month of April!!! 2 more than March!!!


We're doing great!!! That extra hashrate has really helped. Going into May, I've got some new things I've been working on for
Kano Pool Promotion. We also have K.P. pass the Hash, working on Kano.Island as well. I'm eager to see how things are
going there.

As usual, if anyone has any suggestions, please share your thoughts. Big Thanks to everyone for using our Kano Pool signature
banners!!! Big Help!!! As always, share, tweet, and tell everyone you know, about Kano Pool!!!
newbie
Activity: 23
Merit: 0
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!
Coz diff increased.

First block 1-May-2017 464270 Diff = 521,974,519,553
Current blocks Diff = 4,022,059,196,165

So Diff increased ... 7.7 times since then.

So you'd expect to find, with the same hash rate, only 1/7.7 as many blocks per day compared to a year ago.

Correct me if I'm wrong, but doesn't this also mean that each one of our miners is expected to generate only 1/7.7 = 12% the amount of BTC it was expected to generate a year ago? With the diff increasing this fast it can't be much longer before the current generation of miners are no longer profitable without a serious jump in BTC value.
jr. member
Activity: 61
Merit: 2
Was there again a small issue with the NL node? 28.04 ~17:00 UTC
Yeah it actually reconnected a few times Sad
All the reconnects were immediate though, so no alerts.
Well the AWS option is in the UK, so I guess that's what I could move it to since it will probably have similar response times for Iceland.
OK that'll be the next node I'll update.
I've added a new node: UK uk.kano.is
This is the replacement for the NL node that will be switched off at some point.

Firstly, no one needs to do anything, all changes are automatic and DNS is now set so that NL points to UK.

The ping time from the UK node to the main server is a few ms faster than the NL node.
The ping time from the UK node to Iceland is a couple of ms slower than the NL node.
So ... possibly about a ms faster overall Smiley

Anyone who reconnects to NL from now on (a few miners have already) will connect to the new UK node.

In 8 hours (12:00 UTC) I'll failover all miners left on the NL node so that they'll automatically reconnect to the UK node.

Mine on! Smiley
Done.
All miners still on NL should have failed back to the new UK node.
Both nl.kano.is and the new uk.kano.is point to the UK node.

UK node..great stuff Kano😁
full member
Activity: 350
Merit: 158
#takeminingback
I assume you mean the pass phrase (12 different words) by private key? It might be possible to create a new key in Electrum, but I still havent looked into that.


In Electrum, the 12 words are your "seed". What that means is, if you happen to lose the hard drive in your computer, you can use the "seed" on a fresh install of Electrum to get your private keys, addresses and any bitcoin you had, recovered. The private keys are generated for each address you have. Electrum generates a bunch when it's installed. Never give anyone your private keys.
Electrum has alot of great options, you just need to understand, the importance of, and how to use them.

Make sure you set up a password on your Electrum wallet as well. Check out the forum thread below, for tips and How to's. Goodluck!!!

Electrum Thread:
https://bitcointalk.org/index.php?board=98.0
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
Regarding wallets: I'm a firm believer in running a full Bitcoin Core node.   Its fine if you listen only, but at least you are in full control of your private keys.

I have one wallet in full communication mode, DNATing port 8333 to it so that it can fully participate in the network.  That is my contribution to blockchain health.  I use it to store small quantities of bitcoins I use for daily purchases.

I also run a closed wallet that only connects to the DNATed one over my LAN.  It has no other network connectivity - ensured by both the lack of DNAT forwarding on the firewall, and via UFW rules blocking all incoming traffic on the box itself (just in case my LAN gets hacked).  Access is via the console only.  That is my equivalent of cold storage.  The only time I hook up a console is when I want to send coins to the first wallet.  (I briefly allowed SSH access to facilitate cut & pasting receiving and sending addresses to the first wallet.)  This wallet, with its limited and fixed in number keys, is backed up to a USB device that is stored in my safety deposit box.  Encrypted of course.
jr. member
Activity: 48
Merit: 14
I've been mining to Exodus desktop wallet for a while. Today when I opened it I got a warning that it seems like I'm mining there or keep getting small frequent payments and because of the fees adding up from number of small payments they are at the moment over half my balance if I was to send my BTC somwhere else Huh

I paniced for a while, but there must have been something wrong with the info because now when looking at my available balance it's about 96 % of my total balance. Hope this is the case.

Anyway Exodus doesn't seem to be the right choice to mine to. I know I read about Electrum somewhere (maybe that was discussed in this thread) and I also installed it and changed my payout address from Kano there today to try it out. I'll see what happens when the next block matures.

When sending BTC from Electrum there seems to be a setting for the fees depending on how long (how many blocks) I'm prepared to wait for until the transaction. As I find Exodus much more newbie-friendly I was thinking about mining to Electrum for a while (maybe 5 blocks to try it out) and then try to send everything to Exodus at once with the fee setting targeted at, for example within, 10 blocks which would keep the fees down.

Is this a good or bad idea and what would you insted suggest to keep the fees as low as possible?

It's always safest to mine to an address where you have control over the private key. If you export your private key to Electrum you can make use of Electrum's fee setting without needing to change mining address.

I consolidate whenever I see a large amount of small TX's (10+) - latest Electrum 3.1.3 tells me in advance how many bytes the transaction is going to be and I can set 1 sat/byte directly. My personal practice is mining to 1 hardware wallet, and consolidate to a second hardware wallet.

Thanks nazzer for the input.

I probably should have done as you wrote, but I'm up and running now with Electrum 3.1.3 since yesterday. I used and stored the key created in Electrum and set up the BTC-adrress, also created in Electrum, to my settings in Kano. Payment for the last block was sent to Electrum so it seems to work just fine.

I assume you mean the pass phrase (12 different words) by private key? It might be possible to create a new key in Electrum, but I still havent looked into that.

I still don't have any such amounts of bitcoin that I can't afford to lose, but I assume that a hardware wallet is the way to go in the near future.

Mine on!
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting

For people that love numbers.  Here are my stats for the month with an average of about 15.99 THs.


https://docs.google.com/spreadsheets/d/1TUQ7eEWaMKaAW1QjAHy34KL9nQ09R6dPrRELAH7gG0I/edit?usp=sharing
If you want to see some additional information including dollars earned when the block is found and current dollars, you can upload your rewards to a free minergain account.  Create and confirm the account, setup the kano pool then upload on the rewards tab.  

** edit: We also have historical dollar to about 2 dozen international currencies since the first of 2017 so I could quickly add a preference setting to allow you to see prices in your currency.  Let me know if this is of interest.
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
Hi sorry... I resolved the issue, although it took me 7 hours of trial and error due to the nature of the failure on one of the switches.  Therefore I locked that other thread.

Fortunately, it was NOT PFSense, but rather a Netgear GS316 gone flaky.  Would have been a lot shorter day if it, and an old TP-Link switch I used for testing, had just outright died instead of kinda-work-sometimes.
Glad you got it going and so sorry it took so long to figure it out.  I work with digital signage and have seen ports die over the years.  We also have video/audio transmitters where the power adapter gets "weak" but still runs things.  I am sure you have all kinds of spares and was a huge amount of connections / infrastructure to test, but all the smaller miners (like me) should take note that just about anything can get flakey (or flat out die) over the years and to be prepared with backup equipment / configuration settings just in case. 
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Was there again a small issue with the NL node? 28.04 ~17:00 UTC
Yeah it actually reconnected a few times Sad
All the reconnects were immediate though, so no alerts.
Well the AWS option is in the UK, so I guess that's what I could move it to since it will probably have similar response times for Iceland.
OK that'll be the next node I'll update.
I've added a new node: UK uk.kano.is
This is the replacement for the NL node that will be switched off at some point.

Firstly, no one needs to do anything, all changes are automatic and DNS is now set so that NL points to UK.

The ping time from the UK node to the main server is a few ms faster than the NL node.
The ping time from the UK node to Iceland is a couple of ms slower than the NL node.
So ... possibly about a ms faster overall Smiley

Anyone who reconnects to NL from now on (a few miners have already) will connect to the new UK node.

In 8 hours (12:00 UTC) I'll failover all miners left on the NL node so that they'll automatically reconnect to the UK node.

Mine on! Smiley
Done.
All miners still on NL should have failed back to the new UK node.
Both nl.kano.is and the new uk.kano.is point to the UK node.
member
Activity: 254
Merit: 11
Call 811 before you dig
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!

Gotta add more hash to keep up!   Simple as that.


MINE ON WITH KANO-SAN!!!

Yeah. And in that spirit, I have another 741 inbound.

Anyone with suggestions for a host that has slots available?


Mine on!!!
member
Activity: 658
Merit: 21
4 s9's 2 821's
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!

Gotta add more hash to keep up!   Simple as that.


MINE ON WITH KANO-SAN!!!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!
Coz diff increased.

First block 1-May-2017 464270 Diff = 521,974,519,553
Current blocks Diff = 4,022,059,196,165

So Diff increased ... 7.7 times since then.

So you'd expect to find, with the same hash rate, only 1/7.7 as many blocks per day compared to a year ago.
jr. member
Activity: 284
Merit: 3
Guys I'm looking at the pools stats and this is crazy. We have 40% more hashing power than 6-7 months ago, and yet we are expected to only find 1/2 as many blocks. That's crazy!
member
Activity: 238
Merit: 11
...

Yeah you can't use a normal ping on the AWSLS servers - which most on the nodes now are.
You'd need to do a "tcp ping" on port 8080

I've been googling around looking for some easy to use and readily available tcp ping programs - I'll update the first post once I work out the easiest one's to use that are most readily part of the OSes or easiest (and safest) to get.

But for google help - search for "tcp ping" and if you find one, use port 8080 on each node.

On Ubuntu 16.04 LTS, you can install the hping3 package:
Code:
$ sudo apt install hping3

Testing ping to kano (ctrl-c to stop pinging):
Code:
$ sudo hping3 -S -p 8080 stratum.kano.is

member
Activity: 658
Merit: 21
4 s9's 2 821's
ok, now monday 2 or 3 blocks and April is saved...

Wow, you're doing this wrong if you need 2-3 more blocks to be saved.   
newbie
Activity: 15
Merit: 0
Thanks, Kano That cleared my misconceptions right up! Now lets block party chicken dance style for the rest of this month Cheesy  Grin Grin
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