KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 534.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: mtaboneweb on January 25, 2018, 04:43:41 PM

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

If you believe in $BTC rising in the next few years, you continue to run the miners. If you can't afford to because you're constantly selling BTC to pay for upkeep/electricity/hosting, then maybe it's time to move on. Just my two cents...you can still make bank off selling the s9's.

mtaboneweb

jr. member

Activity: 55

Merit: 1

Assuming this is accurate on the total network hashing power...

https://btc.com/stats/diff

On 1/10/2017 it was 2.41 Eh/s
On 1/13/2018 it was 15.95 Eh/s (562% gain)
On 1/24/2018 it was 18.63 Eh/s (17% gain in 11 days)

So my question being that I'm concerned how quickly my 40.5 Th/s will even be worth running. As pools grow profits are spread thinner and difficulty rises. Maybe someone who's been doing this longer than me could offer some insight? Truly just looking for some feedback but these numbers kind of startled me.

Edit: I'm not panicking, just looking for solid experience from those who've been doing this a lot longer than I have. I'm still pretty new to this (11/2017).

manduul

newbie

Activity: 78

Merit: 0

Guys, I was gonna go onto Reddit and start a thread but the community here is bit more strong and more experienced imo. So, I'm gonna make the question here.

I started mining right at December and I was mining for Nicehash, then Slushpool. At Slush, I was making like .003 throughout December, because "tx fee" on top of the blocks etc. But with this difficulty increases, I'm making half of what I was making only a month ago. So, are you guys still buying the Antminer S9? March batch..?

I'm seriously thinking of mining other coins like maybe UNIT, and trade it to BTC. But then I know if that coin was more profitable, all the BTC miners would switch, so mining that different coin doesn't really make sense at the moment...

I'm also thinking of selling my S9, use the money to invest in some coins.

So, what do you think..? Are you still buying more S9 knowing that the diff will increase like sh*t..?

Sorry everybody if this was little off the topic, but I really want the opinion of experienced miners. Nobody on Reddit will know what 5Nd means, heck, I still don't get it... But you do

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: EncoreMining on January 25, 2018, 04:03:54 PM

Quote from: rifleman74 on January 25, 2018, 01:28:09 PM

Quote from: A.Delaney on January 25, 2018, 01:24:06 PM

Quote from: ricknamer on January 25, 2018, 01:06:49 PM

Quote from: Sphere360 on January 25, 2018, 12:38:39 PM

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance! Grin

And the chicken?

It’s a superstition to bring good luck. There is no actual chicken. Sports players do similar things to bring good luck to the sports season like not shaving or not washing their jersey. In this case it’s a dance called the chicken dance. Look it up on YouTube. I’m sure there are a ton of chicken dance videos.

There were a few chickens with Pedro Sorrano.

It’s very bad to drink Jobus rum. Very bad.

Hey bartender, JoeBu needs a refill!

bigolin

jr. member

Activity: 136

Merit: 2

Quote from: overcon on January 25, 2018, 04:29:58 PM

Quote from: bigolin on January 25, 2018, 04:20:33 PM

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!

EDIT: How am I the only one that can't get an image inline here Angry

Must be some newbie limitation! Cry

HTTPS maybe ...

When you quote it, it displays both ways. When I post it, nothing either way. Must be a limitation.

overcon

sr. member

Activity: 393

Merit: 250

911 IT Admin. I keep 911 up so you get help ASAP!

Quote from: bigolin on January 25, 2018, 04:20:33 PM

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!

EDIT: How am I the only one that can't get an image inline here Angry

Must be some newbie limitation! Cry

HTTPS maybe ...

overcon

sr. member

Activity: 393

Merit: 250

911 IT Admin. I keep 911 up so you get help ASAP!

Common Block Party!

bigolin

jr. member

Activity: 136

Merit: 2

I know more important things are going on....but I want to join in on this dance party.

Let's pop one!

EDIT: How am I the only one that can't get an image inline here Angry

Must be some newbie limitation! Cry

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

Quote from: kano on January 25, 2018, 03:23:56 PM

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

There's been a repeat performance at 20:57 UTC Sad

JP is still dead at the moment, I'll update this post when it's alive again.

EncoreMining

jr. member

Activity: 77

Merit: 4

Quote from: rifleman74 on January 25, 2018, 01:28:09 PM

Quote from: A.Delaney on January 25, 2018, 01:24:06 PM

Quote from: ricknamer on January 25, 2018, 01:06:49 PM

Quote from: Sphere360 on January 25, 2018, 12:38:39 PM

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance! Grin

And the chicken?

It’s a superstition to bring good luck. There is no actual chicken. Sports players do similar things to bring good luck to the sports season like not shaving or not washing their jersey. In this case it’s a dance called the chicken dance. Look it up on YouTube. I’m sure there are a ton of chicken dance videos.

There were a few chickens with Pedro Sorrano.

It’s very bad to drink Jobus rum. Very bad.

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: kano on January 25, 2018, 03:35:04 PM

Quote from: Sphere360 on January 25, 2018, 10:44:39 AM

OK, so for Kano and the others who were explaining to me about the Shares %, we are now over 100%, but there is no block. Does that mean we are having bad luck? Just curious, still trying to figure it all out. Thank you for taking the time.

That CDF table thingy ...

Code:

 0.39346934028737   50.000%  1 in 1.6
 0.63212055882856  100.000%  1 in 2.7
 0.77686983985157  150.000%  1 in 4.5
 0.86466471676339  200.000%  1 in 7.4
 0.95021293163214  300.000%  1 in 20.1
 0.98168436111127  400.000%  1 in 54.6
 0.99326205300091  500.000%  1 in 148.4
 0.99752124782333  600.000%  1 in 403.4
 0.99872735771441  666.666%  1 in 785.8
 0.99908811803445  700.000%  1 in 1096.6
 0.99966453737210  800.000%  1 in 2981.0
 0.99987659019591  900.000%  1 in 8103.1

So e.g. 1 in 20.1 blocks is expected, on average, over time, to be over 300%

Long term, average % is what matters - and it should be close to 100% - as shown on the Blocks page

Fortunately we got through that 800 and 900 awhile ago. Now let's get something done before 150!

firetreeactual

legendary

Activity: 952

Merit: 1003

Quote from: clgrissom3 on January 25, 2018, 01:40:38 PM

Quote from: ricknamer on January 25, 2018, 01:06:49 PM

Quote from: Sphere360 on January 25, 2018, 12:38:39 PM

Dancing increases the number of blocks we find. Obviously, some users haven't been doing their dance! Grin

And the chicken?

Actually the chicken thing started a couple of years ago when a guy said he was eating chicken when we hit several blocks in a row. So the ritual became if we needed some extra good luck during slow times we all needed to eat some chicken. It seems that the chicken eating ritual became the chicken dance along the way somehow.

Maybe this post had something to do with that...LOL...

2tights

sr. member

Activity: 308

Merit: 251

I like big BITS and I cannot lie.

tke1600

newbie

Activity: 29

Merit: 2

Quote from: leowonderful on January 25, 2018, 03:49:15 PM

I don't know what difficulty estimating sites you guys are using, but I've found BTC.com's estimator is decent enough after Bitcoinwisdom's estimator broke:

https://btc.com/stats/diff

Seems like some people weren't aware that Bitcoinwisdom was broken for quite some time and hasn't been fixed.

I think that one is still taking into account the extra blocks found yesterday when the difficulty was less, etc.

Here is the best one that is up to date after each change in real time:

https://diff.cryptothis.com/

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

I don't know what difficulty estimating sites you guys are using, but I've found BTC.com's estimator is decent enough after Bitcoinwisdom's estimator broke:

https://btc.com/stats/diff

Seems like some people weren't aware that Bitcoinwisdom was broken for quite some time and hasn't been fixed.

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

Quote from: Sphere360 on January 25, 2018, 10:44:39 AM

OK, so for Kano and the others who were explaining to me about the Shares %, we are now over 100%, but there is no block. Does that mean we are having bad luck? Just curious, still trying to figure it all out. Thank you for taking the time.

That CDF table thingy ...

Code:

 0.39346934028737   50.000%  1 in 1.6
 0.63212055882856  100.000%  1 in 2.7
 0.77686983985157  150.000%  1 in 4.5
 0.86466471676339  200.000%  1 in 7.4
 0.95021293163214  300.000%  1 in 20.1
 0.98168436111127  400.000%  1 in 54.6
 0.99326205300091  500.000%  1 in 148.4
 0.99752124782333  600.000%  1 in 403.4
 0.99872735771441  666.666%  1 in 785.8
 0.99908811803445  700.000%  1 in 1096.6
 0.99966453737210  800.000%  1 in 2981.0
 0.99987659019591  900.000%  1 in 8103.1

So e.g. 1 in 20.1 blocks is expected, on average, over time, to be over 300%

Long term, average % is what matters - and it should be close to 100% - as shown on the Blocks page

Yrth

member

Activity: 123

Merit: 21

Quote from: BTfd2e93 on January 25, 2018, 12:53:12 PM

Quote from: rifleman74 on January 25, 2018, 12:51:21 PM

The pool hash rate for the last day is roughly 43.43PHs which means the 5Nd 'ramp' is roughly 14days 22hrs. Not 22 days, it's down to just under 15 days. MINE ON WITH KANO-SAN!

music to my ears (over the whine of the S9s) .... thanks for the clarification. I just saw on a previous post that it was 22 days.

The best place to check for the up to date 5nd is https://kano.is/index.php?k=payout

rifleman74

member

Activity: 658

Merit: 21

4 s9's 2 821's

Quote from: tke1600 on January 25, 2018, 01:44:14 PM

Quote from: samsilver on January 25, 2018, 01:38:38 PM

Quote from: tke1600 on January 24, 2018, 10:27:09 AM

Quote from: Thrash on January 24, 2018, 09:28:21 AM

Quote from: weronixa on January 24, 2018, 09:09:56 AM

Quote from: fjtropepe on January 24, 2018, 08:55:58 AM

Quote from: Thrash on January 24, 2018, 08:37:50 AM

It would be nice to get another block before the diff change.

Mine on!

Got an estimated on the next change?

https://bitcoinwisdom.com/bitcoin/difficulty

That estimate is incorrect we are already at 2.23 T difficulty and looks like we are probably going to add another 15%. Looks like it should change in 17 hours or so. I used to trust the numbers at btc.com but not sure I do at this point, they have been having some issues lately.

I'm hoping for 16% or less increase at this point by tonight's adjustment. A lot of hashrate was pointed other places and/or shut down yesterday to stop the pace from reaching a 20%+ increase. I was already hoping for it to slow down from this last 15% increase but a ton of power and machines have been pointing at BTC the whole time, since all coins have been down in price and there wasn't anywhere else to go this past 10-12 days for SHA-256.

Difficulty increased 16.84%

My next hope is that it stays flat since no new S9's should be shipping out until March now.

There are Avalon 8's coming online then.

kano

legendary

Activity: 4634

Merit: 1851

Linux since 1997 RedHat 4

The JP node just disappeared off the net (20:17 UTC)
I'm awaiting the provider to sort it out.

Edit: it 'reappeared' at 20:25 ... will wait and see if it is OK before assuming all is fine ...
Everyone mining to JP will have now reconnected but will take up to 5 minutes to fail back.

tke1600

newbie

Activity: 29

Merit: 2

Quote from: clgrissom3 on January 25, 2018, 02:12:15 PM

Quote from: tke1600 on January 25, 2018, 01:44:14 PM

Quote from: samsilver on January 25, 2018, 01:38:38 PM

...

Difficulty increased 16.84%

My next hope is that it stays flat since no new S9's should be shipping out until March now.

I hope it stays flat also but there is a shipment due in February...at least I hope it is because I have one on order for the February shipment. Grin

Dang. I didn't know they had any going out during Chinese new year month. I guess another "positive" is that Antpool and BTC.com had a big stretch of 10-20% above luck last week, which is like 40% of the network hashrate. Let's hope they have normal luck or something this time.

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 534. (Read 5352367 times)