Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 403. (Read 5352627 times)
March 10, 2018, 10:06:42 PM
just added 4 more s9s bringing my total to 7. hope they crack a block
March 10, 2018, 09:45:29 PM
Alright, so I looked through some of the recent conversations concerning consolidating payouts since I'm getting to the place now where I'm thinking of doing this, but I want a good secure strategy that fits well with my situation--preferably avoiding coinbase too.
I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
Electrum I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
1. Cold to Warm Storage: Import my usual mining address (paper wallet) into a hardware wallet, so I can keep mining to the same address
2. Consolidate Rewards: Periodically sweep my imported--previously paper--wallet into a new address on the hardware wallet to consolidate my mining payouts into spendable chunks to save on transaction fees down the road
a. I'm open to correction if my understanding is off on this consolidation process
3. Spend Bitcoins from the resulting (consolidated) wallet
4. Rinse and repeat steps 2 & 3
mining to a hardware wllet can reduce the lifespan of the wallet due to excessive transactions best to consolidate to hardware once and awile
Hardware wallets have limited processing capacity so just take longer to sign multiple transactions for consolidation. Wouldn't say it degrades the lifespan noticeably what with being solid state electronics.
Currently I have all mining output to one hardware wallet, consolidate once in a while to a different hardware wallet, seeds stored securely so in case of failure for one wallet it can be restored and used on the other.
March 10, 2018, 09:12:34 PM
[snip]
2. Consolidate Rewards: Periodically sweep my
a. I'm open to correction if my understanding is off on this consolidation process
3. Spend Bitcoins from the resulting (consolidated) wallet
4. Rinse and repeat steps 2 & 3
That would work well...
March 10, 2018, 09:00:08 PM
[snip]
2. Consolidate Rewards: Periodically sweep my
a. I'm open to correction if my understanding is off on this consolidation process
3. Spend Bitcoins from the resulting (consolidated) wallet
4. Rinse and repeat steps 2 & 3
March 10, 2018, 08:49:09 PM
Alright, so I looked through some of the recent conversations concerning consolidating payouts since I'm getting to the place now where I'm thinking of doing this, but I want a good secure strategy that fits well with my situation--preferably avoiding coinbase too.
I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
Electrum I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
1. Cold to Warm Storage: Import my usual mining address (paper wallet) into a hardware wallet, so I can keep mining to the same address
2. Consolidate Rewards: Periodically sweep my imported--previously paper--wallet into a new address on the hardware wallet to consolidate my mining payouts into spendable chunks to save on transaction fees down the road
a. I'm open to correction if my understanding is off on this consolidation process
3. Spend Bitcoins from the resulting (consolidated) wallet
4. Rinse and repeat steps 2 & 3
mining to a hardware wllet can reduce the lifespan of the wallet due to excessive transactions best to consolidate to hardware once and awile
March 10, 2018, 08:29:40 PM
Alright, so I looked through some of the recent conversations concerning consolidating payouts since I'm getting to the place now where I'm thinking of doing this, but I want a good secure strategy that fits well with my situation--preferably avoiding coinbase too.
I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
Electrum I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
1. Cold to Warm Storage: Import my usual mining address (paper wallet) into a hardware wallet, so I can keep mining to the same address
2. Consolidate Rewards: Periodically sweep my imported--previously paper--wallet into a new address on the hardware wallet to consolidate my mining payouts into spendable chunks to save on transaction fees down the road
a. I'm open to correction if my understanding is off on this consolidation process
3. Spend Bitcoins from the resulting (consolidated) wallet
4. Rinse and repeat steps 2 & 3
March 10, 2018, 04:33:31 PM
Alright, so I looked through some of the recent conversations concerning consolidating payouts since I'm getting to the place now where I'm thinking of doing this, but I want a good secure strategy that fits well with my situation--preferably avoiding coinbase too.
I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
I mine everything to a single, offline, paper wallet that's never had its private key exposed to anyone but myself. Yes, I went through the trouble of saving the JavaScript Bitcoin address generator code off to a CD, plugged it into an air-gapped PC, printed it out--even cleared the printer cache afterward...
Anyway, how exactly does everyone who's in a similar situation here transfer (sweep or import?) their mining payouts from cold storage to warm/hot wallets where they can spend the Bitcoins they've earned?
I have looked back through some conversations here and there; however, I'd like to know how you guys recommend doing this in a secure, repeatable manner. Thanks in advance.
Electrum
March 10, 2018, 01:27:33 PM
Time for a quick block, crossing the pinkies!
MINE ON WITH KANO-SAN!
MINE ON WITH KANO-SAN!
March 10, 2018, 01:02:58 PM
how do i find my name on shifts page i cant see it anywhere ?
The shifts page consists of anime characters a-z, each representing 1 shift. March 10, 2018, 12:22:23 PM
how do i find my name on shifts page i cant see it anywhere ?
The shifts page is only you.
March 10, 2018, 12:06:17 PM
how do i find my name on shifts page i cant see it anywhere ?
March 10, 2018, 10:48:35 AM
Kano-
On one of my pools or miners i used to track highest difficulty share mined per second or something and chart it on a graph.
I know itd be pointless, but maybe a fun way to "pass the time" to show a graph like that. Plus then we could all get angry about how close we get to solving a block.
Just an idea I had anyway.
If the data was available thru an api I could throw something together.
I don't track or store the 'current' 'best share' on purpose On one of my pools or miners i used to track highest difficulty share mined per second or something and chart it on a graph.
I know itd be pointless, but maybe a fun way to "pass the time" to show a graph like that. Plus then we could all get angry about how close we get to solving a block.
Just an idea I had anyway.
If the data was available thru an api I could throw something together.
If you submit 1000 valid shares, and your work difficulty is X, every one o"f those shares is worth X, no matter how high the difficulty is.
As long as they are X or more, they are worth X.
This is how all reasonable and fair payout systems work.
Any other valuation of shares adds yet more variance to your rewards and allows people to take advantage of that.
Many people look at the "best share" value and assume it means something, when in fact it means nothing at all ... unless it's a block.
You miner knows it's "best share" if you are curious to see what it is.
However, I do store every share above a limit for my regular statistical analysis, but no I wont be showing graphs of that.
to simplify "close only counts in horseshoes and hand grenades "
This I know. But its still fun to watch. I like to think my miners are trying really hard and give an A for effort.
March 10, 2018, 10:44:55 AM
Nothing beats a Block in the morning with a nice warm cup of Colombian Coffee. The aroma tantalizes the pallet and rejuvenates the spirit. Mine On WIth Kano-San, the best Bitcoin Mining Pool on Earth. BTC
BTCEthiopian for me. A nice juicy sidamo.
March 10, 2018, 09:23:38 AM
mine on everyone and a happy weekend
March 10, 2018, 09:09:12 AM
Nothing beats a Block in the morning with a nice warm cup of Colombian Coffee. The aroma tantalizes the pallet and rejuvenates the spirit. Mine On WIth Kano-San, the best Bitcoin Mining Pool on Earth. BTC
BTC March 10, 2018, 08:57:13 AM
"The best part of wakin' up is a new block in your pool!"
Thanks BaristaStar!
Thanks BaristaStar!
Haha! Block morning! Better than coffee!
March 10, 2018, 08:26:21 AM
I really wanna switch to KanoPool cause it seems its where all the cool kids are. The only two things that make it hard is the few blocks i understand the payout is bigger though so what is the payout per Th/s when a block is found on average at the moment. Also the two week ramp up time does this mean if blocks are found in the next two weeks i wont get a full pay per th/s im contributing or am i misunderstanding? thanks in advance
I just plugged my numbers in. I started mining on Kano just after the first of the year. YTD, I have received 0.00219932 BTC (small-time operation - 4 antique miners and a bunch of USB sticks). For the exact same hash and time, the payout on Slush would be 0.00202953 BTC. Even with the really crappy February we had, for anyone with real hash, this makes a difference.
Edit: I intentionally disregarded the ramp-up and ramp-down because they effectively cancel each other. What you don't get at the front, you get at the back as you leave.
MINE ON WITH KANO-SAN!!!
March 10, 2018, 08:18:58 AM
i dont know what happened but this explanation hit me in the right spot and i can see clearly now how it works . dont ask me to explain it myself but i got it now. only six month later 
I think it just eventually clicks once you've seen it explained so many times, and looking at the data provided on the website helps to see "Hey, those far-right columns on the Shifts page show all the shifts I've been paid for multiple times (e.g. 5x=~100%)".. dont ask me to explain it myself but i got it now. only six month later Glad ya got it now.
March 10, 2018, 08:16:46 AM
I couldn’t think of a better way to start off a Saturday than with a block.
March 10, 2018, 08:03:56 AM
BSGMiner, you beat me to it.
I got excited, waking up to a fresh-found block. I started poking around and found something I thought interesting.
According to minergain.com, if you pointed identical hash at Kano and Slush on March 1st, you have more coin in your wallet now if you were mining Kano. My experience agrees. (Edit: does not include ramp-up time)
MINE ON WITH KANO-SAN!!!
I got excited, waking up to a fresh-found block. I started poking around and found something I thought interesting.
According to minergain.com, if you pointed identical hash at Kano and Slush on March 1st, you have more coin in your wallet now if you were mining Kano. My experience agrees.
(Edit: does not include ramp-up time)MINE ON WITH KANO-SAN!!!
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