Author

Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 616. (Read 5352367 times)

newbie
Activity: 8
Merit: 0
so i just started mining on Kano pool a few days ago, and there are two payouts already listed, i am mining with an antminer S9. for whatever reason, i havent gotten paid out yet, even though the payout according to the FAQ is immediately after the block gets listed as 'matured' ( 101 confirmations ).

 I double checked my payment address, and it is correct...

 can anyone offer advice on how i handle this?
legendary
Activity: 952
Merit: 1003
Which is why until some "better" machines come out (Avalon 8 is still below the s9 in terms of hash rate)...the only thing you can do is buy more machines.   That's it.

Until a better machine comes out, we're stuck here.  I'm all for replacing my s9's with Avalon's though, and pocketing the difference.  Smiley
IMHO...smart decision.  Kiss
member
Activity: 658
Merit: 21
4 s9's 2 821's
Which is why until some "better" machines come out (Avalon 8 is still below the s9 in terms of hash rate)...the only thing you can do is buy more machines.   That's it.

Until a better machine comes out, we're stuck here.  I'm all for replacing my s9's with Avalon's though, and pocketing the difference.  Smiley
full member
Activity: 658
Merit: 118
So does a diff increase hurt any more or less for a low hash rig vs a high hash rig? At first I thought it would hurt less if I had a bunch of machines. But the more I think about it, it would probably hurt the same?

Yes, it impacts all miners equally. Unless you can add more hash power to balance the difficulty, your costs (power) stay the same, but the rewards you get go down (due to the same hashrate producing fewer coins.)
newbie
Activity: 46
Merit: 0
newbie
Activity: 43
Merit: 0
So does a diff increase hurt any more or less for a low hash rig vs a high hash rig? At first I thought it would hurt less if I had a bunch of machines. But the more I think about it, it would probably hurt the same?
member
Activity: 126
Merit: 10
I just got a S9 delivery form BitMain last week. Just got it set up today though. Pointed at Kano and hashing away Smiley

Get your tap dancing shoes on.




jr. member
Activity: 61
Merit: 1
I just got a S9 delivery form BitMain last week. Just got it set up today though. Pointed at Kano and hashing away Smiley
newbie
Activity: 42
Merit: 0
First block of 2017 was 446033 with diff 317688400354.03
Now the diff is 1931136454487.7 so ... over the past year it's increased by a bit over 500% Smiley
(or it's now a bit over 600% of what it was a year ago)

...and with Canaan and Bitmain pushing out SHA hashing power in the PH/s EH/s per month :/
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
First block of 2017 was 446033 with diff 317688400354.03
Now the diff is 1931136454487.7 so ... over the past year it's increased by a bit over 500% Smiley
(or it's now a bit over 600% of what it was a year ago)

BTC price seems to be approx $760 a year ago Smiley
newbie
Activity: 42
Merit: 0
Am I missing anything in my quick analysis of diff going up every two weeks?

Assume 3% (conservative, I hope) every 2 weeks, that is 216% a year. As long as the price of BTC goes up by 216% in 12 months from now, and I don’t add any hashrate to my current rig, my monthly income should stay constant?

Yes, your reasoning is right.

With rough calcs:
Number of periods per 365 days
365/14 = 26.07 difficult adjustments. Say 27 as with +3% the 2016 blocks per adjustment is reached before 14 days.
(1+0.03)^27  -  1 = 122% per year

Average growth rate over periods back from 01 Jan 2018   
4.9605%   Growth over 52 periods
6.3150%   Growth over 25 periods
6.7718%   Growth over 20 periods
6.8812%   Growth over 15 periods
8.0766%   Growth over 10 periods
5.8569%   Growth over 5 periods

Note:Still to updated with December where difficulty increases were ~14%... so lets guess 6% average per 2016blocks/14days
(1+0.06)^27  -  1 = 382% per year
Update: +6.32% over last 25 diff. periods

I've looked at the numbers and with the current cost of $2830 for S9 13.5Th/s one will break even after 1 year with figures below
Base         
Electricity rate:   0.135 $/kWh (incTax)       Costs : $130.53 /month/miner    Power: 1.375kWh/miner .  5.7Amp
Base date and diff.   01-Feb-18        2 078 871 567 453    Difficulty rate:   +6.00% /14 days   
Block reward :   12.5   BTC
Price base :$11 000    Price growth:   2.00%/14 days   
               
Edit: To many caveats and disclaimers to list Wink
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Am I missing anything in my quick analysis of diff going up every two weeks?

Assume 3% (conservative, I hope) every 2 weeks, that is 216% a year. As long as the price of BTC goes up by 216% in 12 months from now, and I don’t add any hashrate to my current rig, my monthly income should stay constant?
Diff jumps up (and down) somewhat more randomly lately than in the past.
The main reason being the miners switching between CoreCoin and BCH
It usually goes up and rarely goes down.

The exact number is every 2016 blocks - which is (exactly) 2 weeks IF the block average was 10 minutes.

I take a guestimate of around 4% per diff change, but you can check history to see what it really is, and it is often a LOT higher.

The previous 3 diff changes were:
workinfo_add(): DIFF CHANGE: hi=495936 delta=-1.28% new=1347001430558.6 prev=1364422081125.1
workinfo_add(): DIFF CHANGE: hi=497952 delta=18.11% new=1590896927258.1 prev=1347001430558.6
workinfo_add(): DIFF CHANGE: hi=499968 delta=17.74% new=1873105475221.6 prev=1590896927258.1
newbie
Activity: 43
Merit: 0
Am I missing anything in my quick analysis of diff going up every two weeks?

Assume 3% (conservative, I hope) every 2 weeks, that is 216% a year. As long as the price of BTC goes up by 216% in 12 months from now, and I don’t add any hashrate to my current rig, my monthly income should stay constant?
jr. member
Activity: 97
Merit: 1

[/quote]
Actually I think there was some strangeness about that - coz there's one person saying that their Dec ones are late, but oddly a lot saying the Jan ones are early, in the S9 thread.
https://bitcointalksearch.org/topic/m.27213449
[/quote]

true... i got my order due late january 2 weeks ago...
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
So I ordered a pair of S9's a couple months ago, due to be delivered late Jan.

While searching for a pool i came across this thread.  I've been following along for a couple weeks now and have been rooting for ya'll to get some blocks.  When you hit these last 2 I was so pumped for you guys.  I can't wait to join the fun.

Happy New Year!

IF you were waiting for 2 months for a S9 to be delivered, you may want to contact the person.  Was it through bitmain directly?  I ordered 4 from end of Nov to about Dec 10, and they were supposed to be Jan 21 - 30 delivery, but I got them early.  Dec 27 Actually.

Actually I think there was some strangeness about that - coz there's one person saying that their Dec ones are late, but oddly a lot saying the Jan ones are early, in the S9 thread.
https://bitcointalksearch.org/topic/m.27213449
jr. member
Activity: 196
Merit: 4
So I ordered a pair of S9's a couple months ago, due to be delivered late Jan.

While searching for a pool i came across this thread.  I've been following along for a couple weeks now and have been rooting for ya'll to get some blocks.  When you hit these last 2 I was so pumped for you guys.  I can't wait to join the fun.

Happy New Year!

IF you were waiting for 2 months for a S9 to be delivered, you may want to contact the person.  Was it through bitmain directly?  I ordered 4 from end of Nov to about Dec 10, and they were supposed to be Jan 21 - 30 delivery, but I got them early.  Dec 27 Actually.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Rut Roh.... can't Log In. I use 2FA, says my Login Fails. Rut Roh.....

All better, probably my end.... oooppppssss
I wont reset 2FA for anyone since that gets around the point of having 2FA.

As it said when you setup 2FA, you need to record the secret key somewhere, since that's what you need to setup 2FA again, if you lose your 2FA device or wipe it out.
The rest of the settings are the same for everyone, SHA256 and 30 seconds.

You can get a new secret key by replacing your 2FA with a new key on the 2FA web page Smiley
member
Activity: 210
Merit: 15
Rut Roh.... can't Log In. I use 2FA, says my Login Fails. Rut Roh.....

All better, probably my end.... oooppppssss
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
KanoDB restart there due to a crash.
No mining affected at all.

Looks like a little fix I'll have to push live soon - fortunately no one else can cause it (I caused it)
Mine on! Smiley

Edit: DB restart complete
Restart was from 05:12:14 to 05:18:21 UTC
legendary
Activity: 1540
Merit: 1001
Kano.is very clear here in this Forum with that problem on payments. But not on their own Website. I do not think that People want to research too much time.
And this year has just begun... "sometime this year" is not very clear in my opinion.

Im disappointed.

"Dust payments are not automatically sent out" sounds like Bitcoins can be payed out, but not automatically .

Thats what made me confuse.

It's a fair point.  One that has come up more than once.

However, to put things into perspective, 0.0001 BTC is worth $1.36.  The reason dust payments aren't sent is because it costs more to send them than the value of the transaction.  Or, if sent without a transaction fee, there's a good chance you'll never get them.

M
Jump to: