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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 289. (Read 5352633 times)

member
Activity: 658
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4 s9's 2 821's
KA-POW!


MINE ON WITH KANO-SAN!
newbie
Activity: 97
Merit: 0
jr. member
Activity: 104
Merit: 5
You can't get 3 blocks in a day without getting the first 2, so we're good for the 3rd now.
member
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Free mining equipment tracking and reporting
KanoPool Block 517900 Found at 04/12/2018 07:17:46pm UTC 12.754863 value after 0.11583700 fee ($99,252 USD), 0.00009124 BTC/Th est payout, which took 16h:25m:28s to find with 54.81% diff with 1.92T Shares and pool hash 139.79PH/s
jr. member
Activity: 119
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100TH Farm solving a Block!!!

Thanks Microbalrog!
legendary
Activity: 1736
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Carl, aka Sonny :)
Block by MicroBalrog!  Welcome to the Acclaim Board with your 1st Kano block! Cheesy

This is our 2nd of BLOCK THURSDAY! Cheesy Cheesy

Nice fat block at 12.87074350!  That's a little higher than recent blocks! Cheesy
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Why Kano pool has no minimum payout treshold setting?
Skim through the last several pages. Very common query and for those who take the time to look always the same answers
member
Activity: 762
Merit: 35
Why Kano pool has no minimum payout treshold setting?
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Back on track, we have a high number of invalids for this block here at .90%    People trying the AsicBoost miners and getting rejected?  

MINE ON WITH KANO-SAN!  
No. Said many times here and in the Halong thread stated by he-who-is-not-to-be-named here who is one of the code devs -- the T1 will not even connect to a non-AB pool.
member
Activity: 762
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Invalids can be caused by the incomming summer heat.
member
Activity: 658
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4 s9's 2 821's
Back on track, we have a high number of invalids for this block here at .90%    People trying the AsicBoost miners and getting rejected? 


MINE ON WITH KANO-SAN! 
member
Activity: 658
Merit: 21
4 s9's 2 821's


someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.

i think i get it
thanks


If you have a bunch of inputs from pool mining (doesn't have to be here), might as well merge them all together into one larger input with these fee rates, which are practically 0.   
full member
Activity: 228
Merit: 100
Mine ON!!!


someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.

i think i get it
thanks
full member
Activity: 658
Merit: 118


someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.
full member
Activity: 228
Merit: 100
Mine ON!!!
Block 517766 matured at 10:31 EST and popped up in my wallet at 10:32 EST...pretty quick. Grin

No confirmations yet but it shouldn't take long Cheesy

I consolidated yesterday some inputs from March from kano's pool, it cost me a grand total of 35 cents.   LOL




someone explain this consolidation business to me
copper member
Activity: 658
Merit: 101
Math doesn't care what you believe.
Doing the math here, I think I'll even be ok during summer pricing, which goes just over 12 cents/kWh.

Although, I have been wondering about the peak pricing option. Not worrying about it now, because I don't have enough machines yet, but if I had considerably more would it be beneficial to switch to the peak pricing and then shut down for five hours M - F. That's 25 hours of downtime out of 168 hours, skips 30+ cents/kWh and runs during off-peak for lower 7 cents/kWh.

If I ran straight through, the average would be about 12.05 cents/kWh. Less than the normal pricing by about .5 cents.

Sounds like more math.  Let me take a swing at it using a 13.5TH 1452 (at the wall) Watts as a basis.  Of course, everything would scale linearly with that.  Lets calc on a week.

168 hours at $0.1205 = $20.24 for power and yields 13.5TH * 168 hours = 8.1648 EHashes = $2.4789/EHash
143 hours at $0.07 = $10.01 for power and yields 13.5Th * 143 hours = 6.9498 Hashes = $1.44/EHash

That is the cost side.  You need to figure your profit side, subtract the cost, and see which is better.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
Uh, oh... Pool rate went droppies. Cry

Edit: It's comin' back! Grin
copper member
Activity: 232
Merit: 2
@kano:
any update on supporting asicboost ?
I am pretty sure we can get another 1000 th/s easyly when supporting that. For myself I do have about 250-300 th/s of dragonpower ready to join.
I for one hope we and most other pools *never* support Halongitosis's odious BDPL version of AB. All that does is reward a company that has shown near zero business transparency and ethics. To those who bought in on their spiel without knowing it only works on 2 pools because Halong deliberately withheld that critical bit of info -- bitch at them but do NOT expect the world to bend to their will.

The 1 good thing they have done is actually deliver a miner. So far they are barely within their advertised spec but at least are being delivered.

Why?

People will use them at slush or somewhere else...

I can talk for myself, that I was able to see a private demo in january already with the 16 th miner - so at all, it's not true that they had zero transparency..
member
Activity: 254
Merit: 11
Call 811 before you dig
~

Still haven't got a ship notice on my Dragon. I only ordered after it was confirmed to be real, so who knows when they'll ship it. I will happily point it to a kano test pool, even if that means tricking DNS into thinking that kano.is is ckpool or slush. However, have to receive it first. I can also give Kano a VPN account so he can connect to it and tweak it if needed.

My point exactly, sir.  You mine here. The ones that keep popping up to ask have no skin in this game. Unlike us, they have no cares about this pool's ongoing operation.


Mine on!!!
full member
Activity: 658
Merit: 118

I may be mistaken, but I think the only people that made the offer actually mine at Kano Pool. If someone that's already mining here has a DM in hand and hasn't stepped up, it's their own fault they can't use it on this pool. 



Still haven't got a ship notice on my Dragon. I only ordered after it was confirmed to be real, so who knows when they'll ship it. I will happily point it to a kano test pool, even if that means tricking DNS into thinking that kano.is is ckpool or slush. However, have to receive it first. I can also give Kano a VPN account so he can connect to it and tweak it if needed.
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