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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 696. (Read 5352367 times)

full member
Activity: 658
Merit: 118
woohoo! Blocks are awesome
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
I don't argue with math...so long as it's correct. Yours is correct...but doesn't correlate to your conclusion.

My point was that you've been here for what...two months? More than a few of us have been here many months...even years. We've mined elsewhere, of course. Personally, I've been mining since the beginning of BTC.

That single diff element...or any gathering of similar stuff that is simply luck related...won't kill this pool. This business is not for the faint of heart.

Mine on.
and yeah - we dont need to worry about it with our first December block!
sr. member
Activity: 508
Merit: 250
LOL Amazing!

Go Cobra!

Oh Cobra back in the game?  Nice!  Grin
sr. member
Activity: 393
Merit: 250
911 IT Admin. I keep 911 up so you get help ASAP!
LOL Amazing!

Go Cobra!
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
You can also consolidate all your small transactions by doing a low payment amount.  I had about 30 transactions that I sent to myself (consolidated into one) on 11/9 with a very small miner fee and it eventually got included in a block 10 days later.  I thought it would never get picked up and drop off with all the bitcoin activity but it did go through finally.  Guess you never know.  Having it consolidated saves you fees when you "need" to move it faster than 10 days...
Please do explain how i can do this
First off, be aware that you wont be able to use these funds while waiting (potentially a couple weeks) - so keep that in mind before doing this.  I use bitcoin-qt as my wallet and that has the ability to select each transaction to send.  If you go that way, you can just select all the little chunks and leave the bigger ones alone.  If not, then the easiest way to do this is to send the full amount you have in your wallet to your current receiving address.  I also have a jaxx wallet which it is critical that you set the lowest mining fees in the setup area before you start or it automatically sets you to the going rate which will not help you at all.  In any case, make sure to you are not paying more than a few dollars in mining fees to do this.  You can always do this later on when bitcoin is not so crazy.  Once you submit it, the waiting game starts.  If it makes it through the process, you will have one transaction left rather than a bunch of little ones.  If nobody picks it up in a couple weeks due to the low mining fee, it all comes back to you as if you never did the transaction.
legendary
Activity: 952
Merit: 1003
I don't argue with math...so long as it's correct. Yours is correct...but doesn't correlate to your conclusion.

My point was that you've been here for what...two months? More than a few of us have been here many months...even years. We've mined elsewhere, of course. Personally, I've been mining since the beginning of BTC.

That single diff element...or any gathering of similar stuff that is simply luck related...won't kill this pool. This business is not for the faint of heart.

Mine on.
member
Activity: 658
Merit: 21
4 s9's 2 821's
Common lets get back to back to back blocks!

We're right at the 100% level now.  Praying this isn't an 800% block, would wipe out this pool.



If we had an 800 block, that would potentially take up to 25.6667 days.   That would kill this pool off.  Using rough numbers but that's the idea.  Let's hope this one is a 101-105 and get to the next one ASAP!
full member
Activity: 228
Merit: 100
Mine ON!!!
I guess nothing to do but wait. It hasn’t been a week
You can also consolidate all your small transactions by doing a low payment amount.  I had about 30 transactions that I sent to myself (consolidated into one) on 11/9 with a very small miner fee and it eventually got included in a block 10 days later.  I thought it would never get picked up and drop off with all the bitcoin activity but it did go through finally.  Guess you never know.  Having it consolidated saves you fees when you "need" to move it faster than 10 days...

Please do explain how i can do this
legendary
Activity: 952
Merit: 1003
Common lets get back to back to back blocks!

We're right at the 100% level now.  Praying this isn't an 800% block, would wipe out this pool.

member
Activity: 658
Merit: 21
4 s9's 2 821's
Common lets get back to back to back blocks!

We're right at the 100% level now.  Praying this isn't an 800% block, would wipe out this pool.
sr. member
Activity: 393
Merit: 250
911 IT Admin. I keep 911 up so you get help ASAP!
Common lets get back to back to back blocks!
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
I guess nothing to do but wait. It hasn’t been a week
You can also consolidate all your small transactions by doing a low payment amount.  I had about 30 transactions that I sent to myself (consolidated into one) on 11/9 with a very small miner fee and it eventually got included in a block 10 days later.  I thought it would never get picked up and drop off with all the bitcoin activity but it did go through finally.  Guess you never know.  Having it consolidated saves you fees when you "need" to move it faster than 10 days...
full member
Activity: 228
Merit: 100
Mine ON!!!


 i dont get it
so what does it mean?
the transaction is lost?
can it be cancelled?

this was a test from my ledger nano to coinbase
is not much but it is $20


When you send a transaction, you specify a fee per byte (or your wallet does.) This is paid out to miners - the higher the fee, the higher priority the transaction.

The mining pool has a list of transactions it keeps, and it picks the top ones that will fit into their block size to include in a block. This is a "confirmation" of your send.

If your fee is too low, the transaction will sit in their list for sometime, a week or so, before they drop it. At this point, the coins are credited back to your wallet and its like you never sent them.

I guess nothing to do but wait. It hasn’t been a week
full member
Activity: 658
Merit: 118


 i dont get it
so what does it mean?
the transaction is lost?
can it be cancelled?

this was a test from my ledger nano to coinbase
is not much but it is $20


When you send a transaction, you specify a fee per byte (or your wallet does.) This is paid out to miners - the higher the fee, the higher priority the transaction.

The mining pool has a list of transactions it keeps, and it picks the top ones that will fit into their block size to include in a block. This is a "confirmation" of your send.

If your fee is too low, the transaction will sit in their list for sometime, a week or so, before they drop it. At this point, the coins are credited back to your wallet and its like you never sent them.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Hi
Quick question, i have 0.169 block% in my workers page, does this means my % of the block reward?
thanks
Close but not quite.
That is simply your % of all the work sent to the pool since the last block.

Now, IF the pool hash rate was constant for the last 5Nd when we next find a block, and your hash rate was also constant for the last 5Nd when we hit that block, then that % would be pretty close to the % you'd be getting of the total block reward.

However, this is PPLNS with N = 5Nd
So your actual reward each block is your % of shares in the last 5Nd when the block is found.

That Block% gives you an idea of how much of the total pool hash rate you are, but it's not the same data range as used to determine rewards.
They are 2 independent numbers - 5nd vs "Since Last Block"
full member
Activity: 228
Merit: 100
Mine ON!!!
can you help with this one?
58603945661d181ede2c7f4b66d77a9c511d826ab909a84a021ecc625411ecda
I tried to put this into the viabtc accelerator for you but it says transaction fees are too low. You have to put in at least 10 sat/byte to be accepted there. The BTC.COM accelerator choked on it and said it was a double spend transaction.

 i dont get it
so what does it mean?
the transaction is lost?
can it be cancelled?

this was a test from my ledger nano to coinbase
is not much but it is $20
newbie
Activity: 46
Merit: 0
sr. member
Activity: 508
Merit: 250
I just want to know if anyone else feels the same way about this.  I love that the price of BTC is way high but this seriously fast increase in price somewhat worries me.  I don't want to say anything bad about BTC, I just feel like it's kinda out of control, that's the point though.  I don't know could it ever be possible that the price decreases to where it was say 6 months ago or less?  Where do you guys think it will level off and who decides the price, I think the traders do but I really have no idea.  Let me know what you guys think?  Happyyyyy Mining Kano people!
I also wonder, but I treat mining and crypto investments much like stocks and gambling.  It is like stocks in that it is more risky than bonds and like gambling in that I only put money in that I will not destroy my future if it goes bust. Obviously there is much more up side than this, but there is a small chance that it will all fall apart. If your risk tolerance is lower than this, then it is best to convert enough earnings to pay your power each month. That makes your mining operation much less risky.  Anyway, this is risky business, but as we have all seen, there is a lot of upside potential too.  I hope this helps gives you some options.
Bitcoin was created to eat Fiat currency. The M2 money supply during the Obama Administration went parabolic. They created trillions of Fiat dollars and every industrialized country followed suit. They had to do it to keep the Ponzi scheme going (confidence game). They can only inflate traditional markets so much without hyperinflation taking hold and destroying confidence in the system. China is 4 times more in debt than the United States on a GDP basis. So, what do you do to keep the ponzi going? You design a Fiat Currency eating machine, something that will eventually, over time, eat all the bloated assets up and replace their valuations into a Global means of exchange. Ta Da!! Bitcoin and other crypto currencies.
Now, with that said, there are going to be temporary pullbacks and occasional bear markets in the Crypto's. The Golden Rule I follow is that I don't own anything in this space that is not mined. Bitcoin is and will be the Gold Standard for all others to follow. There will be consolidation, but eventually all Crypto will either be sucked up by Bitcoin or will be integrated to conduct Hotswaps with Bitcoin. 1 year prediction: July 2018 BTC 22K, end of FY18, BTC no less than 50K. Remember we have a halving coming up, which makes all BTC worth even more $$$.
Fundamentals are as follows: Limited Supply, less than 1% fiat currency participation, early innovation stage is still in progress, some early adoption into mainstream (think Japan) = Huge growth into the near term, huge growth long term.
Finally, if BTC garners 1% of the worlds Fiat wealth, BTC = 1 million dollars or more per coin. HODL

https://www.coindesk.com/bitcoin-emerging-systemic-risk/amp/
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
If you are not sure how to ping, log into one of your machines, click on the Network tab and then click on the Diagnostics tab.  Ping each of the Kano links below and note the average speed it takes and use the fastest as your main link.  It's also a good idea to use main stratum link as one of your backups just in case the node you choose to use goes down for some reason.

stratum.kano.is
de.kano.is
sg.kano.is
jp.kano.is
nl.kano.is
nya.kano.is
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Hi guys,

I am in S.Africa i am using stratum+tcp://nonce.kano.is:27181 i have antminers s9 and avalon is it good or do you guys propose a better URL for Africa.
Thanks

Don't use the nonce link for regular miners...it is only for use by Asicminer Tubes which is an older type of machine.

Ping each of the links to see which ones are fastest for you and go from there.
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