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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 727. (Read 5352367 times)

newbie
Activity: 44
Merit: 0
Quote
Its encouraging to think we could get a 23+ size block if we get one today. That would be almost double the base reward. I think that shows that in the future when the mining rewards half and half and half, that mining will still be profitable.
Plus BTC will be worth 20kUSD by then too right?Grin
Posted on: Today at 07:50:49 AM
Posted by: kano

Ya the bigger block rewards easily make up for the drop in price on btc to.  and just a few of them big blocks would really help to bring up our. PAPPS% for nov

and meanwhile people mining on pools like antpool who think they have low fees are going to be paying out the nose in unpaid out tx fees that antpoo skims off the top as there network engineer tip or whatever they call it. (thats one hell of a "small" lol tip.)  lol lol  

Next time antpool does gift giveaways for miners who mine with them full time, They should give away big jars of Vaseline.


When you are as greasy as they are you don't need Vaseline.
full member
Activity: 341
Merit: 100
Quote
Its encouraging to think we could get a 23+ size block if we get one today. That would be almost double the base reward. I think that shows that in the future when the mining rewards half and half and half, that mining will still be profitable.
Plus BTC will be worth 20kUSD by then too right?Grin
Posted on: Today at 07:50:49 AM
Posted by: kano

Ya the bigger block rewards easily make up for the drop in price on btc to.  and just a few of them big blocks would really help to bring up our. PAPPS% for nov

and meanwhile people mining on pools like antpool who think they have low fees are going to be paying out the nose in unpaid out tx fees that antpoo skims off the top as there network engineer tip or whatever they call it. (thats one hell of a "small" lol tip.)  lol lol   

Next time antpool does gift giveaways for miners who mine with them full time, They should give away big jars of Vaseline.

newbie
Activity: 44
Merit: 0
Its encouraging to think we could get a 23+ size block if we get one today. That would be almost double the base reward. I think that shows that in the future when the mining rewards half and half and half, that mining will still be profitable.
Plus BTC will be worth 20kUSD by then too right?Grin
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Having on going network problems at the JP node since 07:21 UTC
Still not resolved Sad
Awaiting a ticket with the provider to be actioned.
Edit2: Edit: OK seems to be finally ok again.
Edit3: seems ok since about 08:12 UTC finally and not disconnected everyone on JP since then.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Are you saying our next block will be 18+? It seems all current blocks are big. According to btc.com, the smallest is 17+ for the last 20 blocks.

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc.  

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.    

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.


Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.
Telling people to mine somewhere else and I wonder where that 16 number comes from?
The current work (right now) is 18.715...
No, that was the value of the block + transaction fees in the work we were working on at the time I said that.
At this moment it's 19.864...

Though our highest in the last 2 hours so far has been 23.674...
member
Activity: 658
Merit: 21
4 s9's 2 821's
Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc.

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.   

We could use a few big fat giant payouts.


Quote
Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.

We haveing gotten any blocks today yet on kano to be able to see what sort of block payout we get but.  Tho if we do hit a block thats big and juicy we get our share of the extra sweet juice. 
 


 

At least now we know just how big bitmain really is.  Yikes!  Also it is quite a bit more profitable to mine altcoins atm. Don’t worry the hashrate will come back. Def some interesting times.  Also looking forward to gaining more btc with the new equihash coin. All about accumulating more btc

BR


Hash rate should be back within a day.   
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc.

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.   

We could use a few big fat giant payouts.


Quote
Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.

We haveing gotten any blocks today yet on kano to be able to see what sort of block payout we get but.  Tho if we do hit a block thats big and juicy we get our share of the extra sweet juice. 
 


 

At least now we know just how big bitmain really is.  Yikes!  Also it is quite a bit more profitable to mine altcoins atm. Don’t worry the hashrate will come back. Def some interesting times.  Also looking forward to gaining more btc with the new equihash coin. All about accumulating more btc

BR
xuy
member
Activity: 92
Merit: 10
Are you saying our next block will be 18+? It seems all current blocks are big. According to btc.com, the smallest is 17+ for the last 20 blocks.

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.


Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.
Telling people to mine somewhere else and I wonder where that 16 number comes from?
The current work (right now) is 18.715...
full member
Activity: 341
Merit: 100
Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc.

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.   

We could use a few big fat giant payouts.


Quote
Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.

We haveing gotten any blocks today yet on kano to be able to see what sort of block payout we get but.  Tho if we do hit a block thats big and juicy we get our share of the extra sweet juice. 
 


 
member
Activity: 658
Merit: 21
4 s9's 2 821's


Wowzer,

Just saw a 25.9btc block

Never seen 13btc transaction fees before



All of these transactions waiting are slowly getting eaten up by blocks.   It's a great time to be a miner!
member
Activity: 123
Merit: 17
jr. member
Activity: 57
Merit: 10


Wowzer,

Just saw a 25.9btc block

Never seen 13btc transaction fees before

newbie
Activity: 15
Merit: 0

...

Thanks a lot, I didn't know you have a calculator. This makes it easier.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Hello guys, I'm still waiting for my Antminers to come and I'm planning to join Kano's pool. But before, I have some questions:

Assume I'd have an Antminer S9 (14 THs) and assume that the pool's hashrate stays at 45 PHs, would I get after the ramp up roughly the 14/45000 of every block found by the pool?

How can I calculate the average time needed by the pool depending on the pool hashrate to find a block?

Thanks in advance, I really like this thread and I'm looking forward to be part of it.
Average blocks per day on my pool calculator.
It defaults to the current pool hash rate when you first go to the page:
http://tradebtc.net/bitcalc.php
Pool Average Blocks per Day: (currently 0.66)

How much you'll expect to earn is 100% PPS * MeanTx% * 0.991 (pool fee)
i.e. if pool luck is 100%, then you expect to get 99.1% of the MeanTx% times 100% PPS
My calculator above gives 100% PPS * 0.991 if you enter your hash rate.
You'd multiply that by MeanTx% - which varies a lot Tongue
(there's also "BTC to expect per Day per TH/s:" near the top - that's based on 100% PPS)

How much you will actually get, depends on pool luck.
If luck is above 100% then you'll earn more.
If luck is below 100% then you'll earn less.
Variance here is now quite high due to the low 45PH/s pool hash rate.
newbie
Activity: 15
Merit: 0
Hello guys, I'm still waiting for my Antminers to come and I'm planning to join Kano's pool. But before, I have some questions:

Assume I'd have an Antminer S9 (14 THs) and assume that the pool's hashrate stays at 45 PHs, would I get after the ramp up roughly the 14/45000 of every block found by the pool?

How can I calculate the average time needed by the pool depending on the pool hashrate to find a block?

Thanks in advance, I really like this thread and I'm looking forward to be part of it.
member
Activity: 658
Merit: 21
4 s9's 2 821's
How long does it take from the time I start mining at Kano to the time when I get full credit for my hashrate when a block is found? I have mined at Kano before but not long enough to give it a fair chance. I know there is some formula where N is 5 but can someone translate that to hours? If I start mining at noon then at what time would I be fully credited when a block is found? At other pools I know it takes an hour or two. Similar at Kano or longer or shorter?

(As a sidebar, I really think Kano might be a good pool to mine at since block transaction fees are high right now with all these high fee transactions in the mempool. And sharing transaction fees with miners seems the only sustainable model in the distant future when halving of block rewards means that sharing fees is the only way we miners are going to get paid. Care to comment on that view?)

log in, click payout in the upper right below your hash rate, the information is there.

The pool hash rate for the last day is roughly 45.87PHs which means the 5Nd 'ramp' is roughly 7days 9hrs.
member
Activity: 99
Merit: 11
How long does it take from the time I start mining at Kano to the time when I get full credit for my hashrate when a block is found? I have mined at Kano before but not long enough to give it a fair chance. I know there is some formula where N is 5 but can someone translate that to hours? If I start mining at noon then at what time would I be fully credited when a block is found? At other pools I know it takes an hour or two. Similar at Kano or longer or shorter?

(As a sidebar, I really think Kano might be a good pool to mine at since block transaction fees are high right now with all these high fee transactions in the mempool. And sharing transaction fees with miners seems the only sustainable model in the distant future when halving of block rewards means that sharing fees is the only way we miners are going to get paid. Care to comment on that view?)
member
Activity: 658
Merit: 21
4 s9's 2 821's
Great to see us back to "normal".
I like the biggish payments these days  Grin


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea Tongue

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees Tongue
Obviously I'll announce things when they are ready ...
I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.

Thanks for the hard work kano-san!
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Great to see us back to "normal".
I like the biggish payments these days  Grin


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea Tongue

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees Tongue
Obviously I'll announce things when they are ready ...
I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.


Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.
Telling people to mine somewhere else and I wonder where that 16 number comes from?
The current work (right now) is 18.715...
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