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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 73. (Read 5352140 times)

jr. member
Activity: 168
Merit: 2
I've been away. Never stopped mining, but haven't been in "here".

I'm assuming everyone still here thinks Craig Wright is full of shit? I have some buddies pretty heavily invested buying into the hype and panicking.

So let me ask you guys this......

What has you convinced BTC has nothing to worry about?

(edit) "nothing" regarding Craig's claims.
newbie
Activity: 4
Merit: 0
A ecть тyт ктo тo pyccкoгoвopящий?
newbie
Activity: 43
Merit: 0
So guys, what is the current reward for say 1 S9 - 14 TH per block on average after the last difficulty drop? I may host my 3 S9 miners at some hosting which is asking me to pay around 36$ per machine so far. Is it profitable at that rate or I may have to pay something out of pocket? I know BTC price fluctuation plays a big role, but still nonetheless, even if I can make $100-150 as profit, I would take it rather than keeping machines off and collecting real dust  Roll Eyes

I assume that's $36 per month? In which case you should make about 2x that per month for an s9 at current price and difficulty if the pool has 100% luck.
Thanks a lot mate for your helpful reply.
member
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
It's a fire sale!  Time to buy back the BTC I used to purchase an S15 last month and make a profit on it!  Damn, already got some ROI before it's ever plugged in!!  Cheesy
It will, of course, be pointed here as soon as it's alive.  Sending it to the ice mines on Hoth to "avoid any imperial entanglements" (i.e. tariff!)  Grin
Ahh, now that's a smart little trick to save some money. Good thinking!
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
It's a fire sale!  Time to buy back the BTC I used to purchase an S15 last month and make a profit on it!  Damn, already got some ROI before it's ever plugged in!!  Cheesy
It will, of course, be pointed here as soon as it's alive.  Sending it to the ice mines on Hoth to "avoid any imperial entanglements" (i.e. tariff!)  Grin
sr. member
Activity: 508
Merit: 250
The BTC price is just WOW!!!! Wtf is going on?.... I think I will have to pull the plug  Cry
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
Hello! Tell me why since the 25th day it doesn’t close the blocks, they just joined you, it turns out that the workout just works ... (((What happened? There were no such delays before ... What predictions? Leave or wait for a miracle?)

It's just a combination of luck, variance and hash power.

Statistically we are bound to get long dry spells every now and then, 300%+ is 1 in 20 blocks, and that's if luck is static.


The usual post about stats Smiley
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


honestly all that math got messed with x4 pool hashrate drop after the latest block
Fortunately, hash rate has nothing to do with block CDF statistics Smiley
... and that table is on the web site Help->Luck with an explanation.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
No offence, but this isn't really the sort of industry to be in if you are a dummy Smiley You need to understand the principles and that takes a bit of research and understanding.
Every one of us started out with virtually no knowledge, so I disagree with this statement.  You are asking questions and the Kano pool people are great and mostly patient.  I think with all the latest drop in hash and prices, we are all very "on edge" trying to figure out what to do next.  So the biggest thing right now is that there are very few people making money.  If you can get $36 per month cost per S9, you will be one of the few making money.  I know I am paying about 1/2 more for power than if I bought BTC outright.  I am mining because it helps the keep the future of BTC going (thus protecting all my previous mining and purchases).  I also believe there is a strong future in crypto so I am treating it very much like gambling (with better odds - I hope).  

You really need to figure out your motivations for mining.  If you want a steady income stream, then Kano is probably not the place to be - especially at our current 45Ph.  But if you can cover your power costs without any blocks in a month (which we will probably see several each month but there is a chance for none) , there is a lot of upside potential not available with the big pools.  We have had some pretty crappy luck for the past 2 months and we have some very lucky months.  All pools run into this, however the big guys will pay you TINY amounts per block found very frequently - so it all evens out quicker due to the volume (often termed variance).  We may have no blocks for a week or more but get paid well for each one found.  And since finding a block is totally random, we can find 3 blocks in a day too with the same big payment for each - thus a lot more return for our investment.

I hope this helps a little.  Every one of us are going through the turmoil of decisions like yours.  You need to figure out your risk tolerance and make decisions from there.  Best of luck with those decisions and I know I will Mine On with Kano!
Thank you very much for your help!

Well ... the point of my comment was to read the Help pages first and then ask questions Smiley
I don't want to copy paste the web site here Smiley
newbie
Activity: 4
Merit: 0
No offence, but this isn't really the sort of industry to be in if you are a dummy Smiley You need to understand the principles and that takes a bit of research and understanding.
Every one of us started out with virtually no knowledge, so I disagree with this statement.  You are asking questions and the Kano pool people are great and mostly patient.  I think with all the latest drop in hash and prices, we are all very "on edge" trying to figure out what to do next.  So the biggest thing right now is that there are very few people making money.  If you can get $36 per month cost per S9, you will be one of the few making money.  I know I am paying about 1/2 more for power than if I bought BTC outright.  I am mining because it helps the keep the future of BTC going (thus protecting all my previous mining and purchases).  I also believe there is a strong future in crypto so I am treating it very much like gambling (with better odds - I hope).  

You really need to figure out your motivations for mining.  If you want a steady income stream, then Kano is probably not the place to be - especially at our current 45Ph.  But if you can cover your power costs without any blocks in a month (which we will probably see several each month but there is a chance for none) , there is a lot of upside potential not available with the big pools.  We have had some pretty crappy luck for the past 2 months and we have some very lucky months.  All pools run into this, however the big guys will pay you TINY amounts per block found very frequently - so it all evens out quicker due to the volume (often termed variance).  We may have no blocks for a week or more but get paid well for each one found.  And since finding a block is totally random, we can find 3 blocks in a day too with the same big payment for each - thus a lot more return for our investment.

I hope this helps a little.  Every one of us are going through the turmoil of decisions like yours.  You need to figure out your risk tolerance and make decisions from there.  Best of luck with those decisions and I know I will Mine On with Kano!
Thank you very much for your help!
member
Activity: 285
Merit: 10
Free mining equipment tracking and reporting
No offence, but this isn't really the sort of industry to be in if you are a dummy Smiley You need to understand the principles and that takes a bit of research and understanding.
Every one of us started out with virtually no knowledge, so I disagree with this statement.  You are asking questions and the Kano pool people are great and mostly patient.  I think with all the latest drop in hash and prices, we are all very "on edge" trying to figure out what to do next.  So the biggest thing right now is that there are very few people making money.  If you can get $36 per month cost per S9, you will be one of the few making money.  I know I am paying about 1/2 more for power than if I bought BTC outright.  I am mining because it helps the keep the future of BTC going (thus protecting all my previous mining and purchases).  I also believe there is a strong future in crypto so I am treating it very much like gambling (with better odds - I hope).  

You really need to figure out your motivations for mining.  If you want a steady income stream, then Kano is probably not the place to be - especially at our current 45Ph.  But if you can cover your power costs without any blocks in a month (which we will probably see several each month but there is a chance for none) , there is a lot of upside potential not available with the big pools.  We have had some pretty crappy luck for the past 2 months and we have some very lucky months.  All pools run into this, however the big guys will pay you TINY amounts per block found very frequently - so it all evens out quicker due to the volume (often termed variance).  We may have no blocks for a week or more but get paid well for each one found.  And since finding a block is totally random, we can find 3 blocks in a day too with the same big payment for each - thus a lot more return for our investment.

I hope this helps a little.  Every one of us are going through the turmoil of decisions like yours.  You need to figure out your risk tolerance and make decisions from there.  Best of luck with those decisions and I know I will Mine On with Kano!
member
Activity: 159
Merit: 12
Hello! Tell me why since the 25th day it doesn’t close the blocks, they just joined you, it turns out that the workout just works ... (((What happened? There were no such delays before ... What predictions? Leave or wait for a miracle?)

It's just a combination of luck, variance and hash power.

Statistically we are bound to get long dry spells every now and then, 300%+ is 1 in 20 blocks, and that's if luck is static.


The usual post about stats Smiley
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


honestly all that math got messed with x4 pool hashrate drop after the latest block
legendary
Activity: 3234
Merit: 1220
You can explain for dummies, I don’t understand much about it, I switched to this pool with 14 asic, and within 7 days of a single block, I have a reason to stay or switch to the old one, I don’t understand much about it, just before I had credits day, and now it turns out 7 days in a minus I work .....

No offence, but this isn't really the sort of industry to be in if you are a dummy Smiley You need to understand the principles and that takes a bit of research and understanding.
legendary
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
The Web site explains it see Help->Luck
(and the other Help pages)
newbie
Activity: 4
Merit: 0
Hello! Tell me why since the 25th day it doesn’t close the blocks, they just joined you, it turns out that the workout just works ... (((What happened? There were no such delays before ... What predictions? Leave or wait for a miracle?)

It's just a combination of luck, variance and hash power.

Statistically we are bound to get long dry spells every now and then, 300%+ is 1 in 20 blocks, and that's if luck is static.


The usual post about stats Smiley
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

You can explain for dummies, I don’t understand much about it, I switched to this pool with 14 asic, and within 7 days of a single block, I have a reason to stay or switch to the old one, I don’t understand much about it, just before I had credits day, and now it turns out 7 days in a minus I work .....
legendary
Activity: 3234
Merit: 1220
Hello! Tell me why since the 25th day it doesn’t close the blocks, they just joined you, it turns out that the workout just works ... (((What happened? There were no such delays before ... What predictions? Leave or wait for a miracle?)

It's just a combination of luck, variance and hash power.

Statistically we are bound to get long dry spells every now and then, 300%+ is 1 in 20 blocks, and that's if luck is static.


The usual post about stats Smiley
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

newbie
Activity: 4
Merit: 0
Hello! Tell me why since the 25th day it doesn’t close the blocks, they just joined you, it turns out that the workout just works ... (((What happened? There were no such delays before ... What predictions? Leave or wait for a miracle?)
legendary
Activity: 3234
Merit: 1220
So guys, what is the current reward for say 1 S9 - 14 TH per block on average after the last difficulty drop? I may host my 3 S9 miners at some hosting which is asking me to pay around 36$ per machine so far. Is it profitable at that rate or I may have to pay something out of pocket? I know BTC price fluctuation plays a big role, but still nonetheless, even if I can make $100-150 as profit, I would take it rather than keeping machines off and collecting real dust  Roll Eyes

I assume that's $36 per month? In which case you should make about 2x that per month for an s9 at current price and difficulty if the pool has 100% luck.
newbie
Activity: 43
Merit: 0
So guys, what is the current reward for say 1 S9 - 14 TH per block on average after the last difficulty drop? I may host my 3 S9 miners at some hosting which is asking me to pay around 36$ per machine so far. Is it profitable at that rate or I may have to pay something out of pocket? I know BTC price fluctuation plays a big role, but still nonetheless, even if I can make $100-150 as profit, I would take it rather than keeping machines off and collecting real dust  Roll Eyes
jr. member
Activity: 284
Merit: 3
If anyone is on the verge of pulling out because of low BTC costs and high electric and needs a better place to host contact me. I have hosting options that are still very profitable
sr. member
Activity: 508
Merit: 250
Put in the data which would be 1350 watts, 24 hours of use per day and the price you pay per kilowatt and press calculate.  Take the number that will show that you will have to pay per day for the electricity and minus out what you miner will make, which is about $2.3 daily.

And that’s how you will see how much your miner will make you on a daily basis, then times that 30 and you’ll get your monthly income.  Or the price that you will have to pay out of your pocket for your 1 S9i brining you the BTC.  Grin

well, to be honest with $0.1 tariff S9 works negative profit and you need to pay for it from your pocket. Only new miners with 7nm chips will work with profit on your tariff. if you believe in bitcoin, do not mine, just buy bitcoins and wait.

Your honesty is highly appreciated my friend but I think it is pretty clear to anyone that can use either one of the calculators mentioned above that they will have to pay about $0.05 out of their pocket per every kilowatt that they use, if they have a tariff of a $0.10.  Cheesy
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