Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 548. (Read 5352322 times)
January 22, 2018, 03:12:04 AM
I really enjoy that any time a problem arises Kano is already on it before anyone can even type on the boards here. Bravo sir, That is why we are here. Much appreciation for all you do.
January 22, 2018, 03:09:08 AM
There was an unexpected restart of the DB at 8:05am UTC
Web will be lotsa ?'s until the restart completes in about 5 more minutes.
Mining is completely unaffected.
Web will be lotsa ?'s until the restart completes in about 5 more minutes.
Mining is completely unaffected.
January 22, 2018, 02:59:17 AM
Consolidate your transactions with the low fees!
Indeed - don't wait for the next run of high fees then complain about them 
Do it! Do it now!
I did and it was confirmed very quickly even with the low fees. Now is the time to consolidate all of your small payouts to another wallet you own!
I was going to ask about this very thing... I have had several payments into one address. But I keep hearing of this consolidation. What is exactly meant by it and what benefit is there, or negative if its not done? I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees? Ie satoshi's per kb..
I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash... except for that last one :-)
Thanks.
Consolidation is turning coins from many inputs into a single output. Since fees are paid based on transaction size, the more inputs you have the more you're paying in fees.
Doing this during low fees is best since you're not paying so much right now in overall fees.
In future if you're sending bitcoin, the smaller transaction size will help you save on transaction fees.
January 22, 2018, 02:52:42 AM
Consolidate your transactions with the low fees!
Indeed - don't wait for the next run of high fees then complain about them Do it! Do it now!
I did and it was confirmed very quickly even with the low fees. Now is the time to consolidate all of your small payouts to another wallet you own!
I was going to ask about this very thing... I have had several payments into one address. But I keep hearing of this consolidation. What is exactly meant by it and what benefit is there, or negative if its not done? I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees? Ie satoshi's per kb..
I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash... except for that last one :-)
Thanks.
January 22, 2018, 02:46:38 AM
I was able to fix the S7 that had burned up power connections...
So +5ths to the chain...
Its totally gong to be the straw that breaks the block... i can feel it.
So +5ths to the chain...
Its totally gong to be the straw that breaks the block... i can feel it.
Was this the one I posted the link on you tube for you?
Glad it worked out for you if it was!
January 22, 2018, 01:45:28 AM
I thought the fee is 0.9% which is 0.009? Or is the fee 9%? The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?
100% right. Will fix January 22, 2018, 01:44:57 AM
I thought the fee is 0.9% which is 0.009? Or is the fee 9%? The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?
Yeah that too 
0.991 January 22, 2018, 01:44:44 AM
It would be good if you guys just went ahead and mined another block right away.
Much more preferred than waiting a few days.
Thanks in advance.
- andy
Much more preferred than waiting a few days.
Thanks in advance.
- andy
January 22, 2018, 01:42:44 AM
I thought the fee is 0.9% which is 0.009? Or is the fee 9%? The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?
January 22, 2018, 01:38:52 AM
Edit: December was zero fee
(and November was 1/3 zero fee)
Oh yes. I forgot - Kano worked for free in December (and November was 1/3 zero fee)
January 22, 2018, 01:34:48 AM
At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
Try this and compare to other pools (it makes some assumptions but also that you are fully ramped up for the 2 months):
January (to date):
Your BTC= 0.991*8*12.5*1.3204*(your hasing power in TH/s) / (31980)
December:
Your BTC=
Will be interesting to see how it compares.
Edit: History is no guarantee of future
Edit 1: Kano worked for free in December 0% fee.
Edit 2: I cant do math 0.9% fee corrected
January 22, 2018, 01:33:31 AM
At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd, assuming the same block size you'd be making roughly:
0.02132694 x 15/6 = 0.05331735 per block.
at 100% that's 1 block every 3 days, so 0.1066347.
Which is 6% more than btc.com.
I think that's a pretty big advantage, don't you?
Looking at rewards at the single block level is completely pointless.
e.g. the other day we got a 5% block and a 9% block - at full level, those two blocks would reward more than 20x any PPS pool and more than 11x any PPS pool.
Oddly enough I won't claim that we are getting 20x any PPS pool
Nor will I claim we are getting 1/5 of a PPS pool.
The Blocks web page has the long term numbers
January 22, 2018, 01:17:40 AM
At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd, assuming the same block size you'd be making roughly:
0.02132694 x 15/6 = 0.05331735 per block.
at 100% that's 1 block every 3 days, so 0.1066347.
Which is 6% more than btc.com.
I think that's a pretty big advantage, don't you?
January 22, 2018, 01:04:32 AM
At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?
January 22, 2018, 12:59:00 AM
0.01079997 for this block and average th at 23.42
cant think when im going full ramp lol
cant think when im going full ramp lol
January 22, 2018, 12:21:18 AM
was looking to preorder several pallets of A821s to split some back here and try to help bring the pool hash rate up, but total uncertainty about the possibility of being chosen plus $3000-4000 (also uncertain) per unit? At a time when coin prices feel as though they might be headed for a prolonged slide and electric companies are tightening expansion availability and/or making new rules/fees for mining customers.... I'm sure canaan will find plenty of customers, but not me. Not thrilled with having to keep adding S9s, but it seems like the only viable option for now.
January 21, 2018, 11:43:42 PM
Block! by cobramining
15.2 BTC
15.2 BTC
THANKS COBRAMINING!!!
MINE ON!
January 21, 2018, 11:29:03 PM
Consolidate your transactions with the low fees!
Indeed - don't wait for the next run of high fees then complain about them Do it! Do it now!
I did and it was confirmed very quickly even with the low fees. Now is the time to consolidate all of your small payouts to another wallet you own!
Sorry for being noob here, but what's the fuss about this consolidation of transactions? How and what I should do to take advantage of low fees? When I tried checking my electrum wallet, it still shows the same old 0.0015 BTC/kB fees for confirmation within next 25 blocks. What I am missing here, please care to elaborate?
The best way to tell is to have a look at the last 20-50 blocks and see the total fees in them.
Considering that the pool payout got confirmed by someone else, means that low fee transactions must be getting through
35,858 bytes and 42,000 sat fee
January 21, 2018, 11:18:08 PM
Consolidate your transactions with the low fees!
Indeed - don't wait for the next run of high fees then complain about them Do it! Do it now!
I did and it was confirmed very quickly even with the low fees. Now is the time to consolidate all of your small payouts to another wallet you own!
Sorry for being noob here, but what's the fuss about this consolidation of transactions? How and what I should do to take advantage of low fees? When I tried checking my electrum wallet, it still shows the same old 0.0015 BTC/kB fees for confirmation within next 25 blocks. What I am missing here, please care to elaborate?
January 21, 2018, 11:09:53 PM
Awesome! The Cobra strikes again!
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