Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 328. (Read 5352229 times)

Luck is luck - a measure of the past.

Unless you're a gambling addict - take that as fact.

Long term luck is expected to approach 100% ... as it does here also.

1MW isn't a lot - it's about 800 miners = about 10PH

Imagine what sidewinder has at his data centre (yeah I've been there)

The pool can handle anything you can throw at it

My preference is 5% of the network, with a limit of 10% of the network.

5% means that on average there's 7.2 blocks a day - so even on a 720% diff block it's only one day.
720% diff blocks happen, on average, 1 in 1339.4 blocks, so at 7.2 a day, that's, on average, once every 186 days = about twice a year we'd have days without a block.

Well as you can see - sidewinder is that size ...
He'd be happy to have someone else on the pool that size, so he's not the only very large miner here.

Obviously talk to Canaan also - they're A841 miners are better performance/less Watt per TH than Bitmain S9 also.

And I can't read.  hahahaha


MINE ON WITH KANO-SAN!

ohhhh lol. The guy who answered me quoted it.

Didn't catch the reference.

You quoted a Top Secret? quote and don't remember this?   https://www.youtube.com/watch?v=7f_19nxNfjs

hahaha wut?

Skeet shooting surfing?

Also: personal question for Kano.

Do you believe that your insanely optimized pool software has even the slightest bit to do with how lucky we are?

If this guys got the money i think he does, pretty goddamn silly. I'd be targeting a renewable friendly state that the SREC market (solar renewable energy credits) isn't already dead (like cali and jersey). That state also has to have low electric costs (looking for 10 cents).

1 MWh either wind (1.2 million, just checked) or a warehouse with enough roof, or a field with enough space for 1 MHw of solar panels (also about a million dollars) would be ideal. I'd only be paying for power during the night (with solar) or when the wind is crap (with wind power). I could also oversize the solar so that with batteries (now we're talking 1.3 to 1.5 million) i could basically run 50 PH without giving the power company a dime.

*edit* : I think with the firesale bitmain has going on right now i could supplement the cost of renewables in saving money on the PH's alone

Kano has posted a couple of times about his ideal pool size at 10% of the network and we are not anywhere near it yet.  Being at 10% would minimize the impact of those monster blocks that visit every pool from time to time.  If you could pull off that kind of expansion by all means go for it.

Depends on what you think a silly amount of hash is! A kilo? Jk, actually kano has stated that he'd let the pool grow to a max of 10% of total network, which atm is 2,500,000 THs approx. (2,500 PHs or 2.5 EHs)
How silly can you get?   (Top Secret anyone?)

I'm good with more hash.  More blocks benefits most of us in the long run.   

Has anyone noticed that some of our shifts have been rewarded 6, 7, 8, and even 9 times since March 22?

This is when 5Nd is really good to us!

So I've got a question for you guys.

I'm currently drawing up a business plan for an absurd amount of miners. I might aim for a state in the US with super cheap electric (looking at you Washington), supplemented with either one VERY large wind turbine (1MWh, which i believe is about a million dollars, at least it was when i was working in solar in 2010)

Would the pool be open to having a silly amount of hash rate added to it, or is it kind of in a sweet spot right now where say 50-70PH would hurt the pools share to solve ratio?

I've got 220ish TH with the pool right now running a hosted mining business for my buddies, but i've worked in IT for going on 15 years now. Infrastructure, coding, ERP, you name it I've done it. Jack of all trades, master of none, except maybe crypto. I've carried many job titles.

I know i can handle this from pretty much every aspect. I would obviously bring in an electrician and someone to make me really tidy cable runs for ethernet, but the rest I'd do with me and a few other buddies, hopefully over a weekend.

The boss of the company I work for has run a vertical specific Microsoft Dynamics NAV (navision before that, and even something before that) VAR for 25 years. He's a multi-millionaire, and I'm going to present a really clean business plan that covers every risk i can possibly think of. Even a $1000 or less bitcoin. It gets below that we're all screwed anyways, unless you've been HODLing since 2010. I dont even want to talk about the amount of BTC i mined back in those days and sold for pennies on the dollar. Who would have thunk that a drug market on the dark web  could jump start the revolution we're in now. I should have known though. Any product that facilitates drugs or porn always wins.

He's expressed interest in starting something with me, I just don't think he knows what kind of plan I'm going to hit him with.

TL;DR There's a 30-40% chance I'll be commanding 50+PH pretty soon. Show of hands of people who would want that on Kano and who would not. I'm a strong believer in shared luck, and my initial math for pooled mining on this pool (february luck levels included) looks positive so far.

Thanks Everyone! If you want to PM me your thoughts rather than fill up page after page of "Fuck you's" or "Fuck Yeah's!" I'm sure Kano would appreciate that.

I'm also lookin at you too Kano..

EDIT: Also: any vendors that want to keep me from dealing with Shitmain, PM me.

The widely accepted rule for S9s is "If they are not broke, don't fix them".  IF, AND ONLY IF, you are having problems, you might want to try upgrading the firmware.  For Auto-Freq S9s (just log in and see if the card speeds vary) the November 17 firmware is the latest.  Sometimes it helps, sometimes your better off with the April firmware.  You choice is more limited if you have static speed S9s (from over a year ago).

No firmware change will affect your performance on the pool, beyond possibly helping the miner perform better.  Maybe.

TIME TO MINE ON WITH KANO-SAN!

Got my first 841 up and running today

It's as happy as a clam and hashing at a 13.75TH/s clip over the past 5 hours...I can't wait until the rest get delivered!

Avoid version 1.0.0 completely if you can.  Anything version 2.0 and higher is fine.  The version 1.0.0 models have a lower than normal block hitting ability statistically from the research Kano has been doing since the S9 first came out.

Edit: Corrected spelling

It's Tuesday morning again. Time to announce the week three winner of the Small Miner Bonus Hash giveaway.

Congratulations to bendsley! It's only an S3, but it's hosted, and mining for YOU! on Kano Pool for the next four days (roughly).

---

Well, I guess I have go to the mainland to get supplies this weekend. There's the possibility I may have to pull the plug on the SMBH giveaway because of it - I need the field mice to power the boat. If all goes according to my finely honed plans, I should be back on Kano.Is(land) Monday morning. As for Tuesday, there might be a week four, or there may be something different.  

---

As you know, we had massive accumulations of discount coupons, which have caused major delays all over the island. School and office closures, power failures, and massive waffles have been reported. We don't currently have reports of casualties. Crews are working diligently with what little equipment they have, as removal gear is normally only needed in more temperate climates (or was). Hopefully, we can pull together as a pool and withstand this onslaught.

---

For now, that's it from Kano.Is(land). May your difficulty be ever decreasing.

Maybe....  Kanon