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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 867. (Read 5352367 times)

newbie
Activity: 14
Merit: 0
Is Kano pool compatible with Nicehash rental mining contracts ? What's the attitude of the pool/miners toward this type of mining ?
P_
legendary
Activity: 952
Merit: 1003
are we on another 3 days block?  Angry

Haha!  It hasn't even been one day yet...think long term averages and relax. It's the only way to keep your sanity in this business. Smiley
You got that right, Carl.  Kiss
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
are we on another 3 days block?  Angry

Haha!  It hasn't even been one day yet...think long term averages and relax. It's the only way to keep your sanity in this business. Smiley
jr. member
Activity: 66
Merit: 3
my first block in Kano Smiley
took 10 days.

torontobitcoinman…7R4

15btc reward

Yepp, but you have almost 1PH power...  Shocked
its took me lil more time with my 15TH

what kind of staff do you mine?

but anyway Congratulations!  Wink
I mine BTC mostly. most of my machines in slushpool but i am getting  1030 new s9s  within 2.5 months on different batches and if things are good and no one minds i will direct them to kano so that i depend less on luck. slushpool has been bad for over 2 months. I also have a couple of hundred pandas mining eth. I am selling those by the way. they are in China with awesome hosting and support directly from pandaminers.
full member
Activity: 500
Merit: 105
are we on another 3 days block?  Angry
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
The more transactions, the more paid in fees no matter where it's going (unless sent as a zero-fee transaction).  So you are correct.
full member
Activity: 158
Merit: 103
I mean about 2 cases:

1) I set treshold to 1BTC at Slush and I receive one payment to my wallet.

2) I get 100 payments from Kano each 0.01BTC and total amount 1BTC

In the second case I will pay more in transaction fees when I will decide to exchange my BTC to USD ?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Yeah it's the size of the transaction in bytes that is used to determine the fee, not the amount of BTC.

... yet our payout just got confirmed by another pool again Smiley
Woo to the 42,000sat fee Cheesy
(it's now about $1.67)
hero member
Activity: 1610
Merit: 538
I'm in BTC XTC
There was a lot of hype about this pool. I have switched from slush and started mining. But now I understand that there is no payout treshold. So if I get a lot of small payments from the pool to my wallet later when I wish to exchange BTC to USD I will pay transaction fee about 10% from the BTC amount?

The fees that you are charged to exchange BTC to USD depends on the Exchange you use for the transaction.  If they charge 10%, it will be 10% no matter where your BTC comes from.  My exchange charges 1.49% to sell BCT directly to my bank account.

Now, I have a feeling that you are really asking about transaction fees to consolidate all of your payouts to another wallet.  Here is an example; I accumulate payouts from Kano into a Blockchain.info wallet and send it all to my KeepKey hardware wallet once it gets over 1 BTC.  So, neither the consolidation or exchange is anywhere near 10% in my case.

June   72 payments   1.5BTC   0.0019805 Fees   0.13%
July   59 Payments   1.5BTC   0.0024060 Fees   0.16%
And to expand on Carl's point, it's the number of payments you are consolidating that determines the fee needed, not the amount of BTC.  For example, I know that I'm not moving 1.5BTC when consolidating 50+ payments since Carl is running more hash than I, but the fee is the same ~0.002+
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
There was a lot of hype about this pool. I have switched from slush and started mining. But now I understand that there is no payout treshold. So if I get a lot of small payments from the pool to my wallet later when I wish to exchange BTC to USD I will pay transaction fee about 10% from the BTC amount?

The fees that you are charged to exchange BTC to USD depends on the Exchange you use for the transaction.  If they charge 10%, it will be 10% no matter where your BTC comes from.  My exchange charges 1.49% to sell BCT directly to my bank account.

Now, I have a feeling that you are really asking about transaction fees to consolidate all of your payouts to another wallet.  Here is an example; I accumulate payouts from Kano into a Blockchain.info wallet and send it all to my KeepKey hardware wallet once it gets over 1 BTC.  So, neither the consolidation or exchange is anywhere near 10% in my case.

June   72 payments   1.5BTC   0.0019805 Fees   0.13%
July   59 Payments   1.5BTC   0.0024060 Fees   0.16%
sr. member
Activity: 393
Merit: 250
911 IT Admin. I keep 911 up so you get help ASAP!
There was a lot of hype about this pool. I have switched from slush and started mining. But now I understand that there is no payout treshold. So if I get a lot of small payments from the pool to my wallet later when I wish to exchange BTC to USD I will pay higher transaction fee?
Or this is wrong?

You can always wait till those small ones become a large one then send it at the lowest fee and use an accelerator to force it through if it never gets picked up.

full member
Activity: 158
Merit: 103
There was a lot of hype about this pool. I have switched from slush and started mining. But now I understand that there is no payout treshold. So if I get a lot of small payments from the pool to my wallet later when I wish to exchange BTC to USD I will pay higher transaction fee?
Or this is wrong?
xuy
member
Activity: 92
Merit: 10
By looking at Pool's Realtime Hashrate on BTC.com, the average of luck for the past 3 days is less than 88% and only 2 pools' luck is over 100%.
Not sure whether it's caused by the fork.


...
at bitcoinwisdom, when you look at the difficulty page, it shows the average of the last 504 blocks.    If the 1 block average for the last 504 blocks is 10.4 minutes, how can the 6 block average for the last 504 blocks be 60 minutes?

I see this all the time there.
Possibly it is the averaged spike in block times? We have seen that go over an hour many many times along with blocks popping within seconds.
hero member
Activity: 963
Merit: 500
my first block in Kano Smiley
took 10 days.

torontobitcoinman…7R4

15btc reward

Yepp, but you have almost 1PH power...  Shocked
its took me lil more time with my 15TH

what kind of staff do you mine?

but anyway Congratulations!  Wink
jr. member
Activity: 66
Merit: 3
my first block in Kano Smiley
took 10 days.

torontobitcoinman…7R4

15btc reward
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
...
at bitcoinwisdom, when you look at the difficulty page, it shows the average of the last 504 blocks.    If the 1 block average for the last 504 blocks is 10.4 minutes, how can the 6 block average for the last 504 blocks be 60 minutes?

I see this all the time there.
Possibly it is the averaged spike in block times? We have seen that go over an hour many many times along with blocks popping within seconds.
sr. member
Activity: 393
Merit: 250
911 IT Admin. I keep 911 up so you get help ASAP!
You know Smiley
I remember the day, long long ago, when you could go to the local store and buy candy for 1c
They had a collection of different boxes of candy and most of them were 1c each or even 2 for 1c
You've got 1.5 candy drops there Cheesy
Oh well, that is no more.

I remember when they were 15 cent snickers and Mars Bars and it seemed that everything jumped overnight to a buck fifty.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Since it seems everyone is on a tangent that I do not think will be resolved while waiting for blocks, maybe someone could answer what is likely a simple question that I cannot figure out.

at bitcoinwisdom, when you look at the difficulty page, it shows the average of the last 504 blocks.    If the 1 block average for the last 504 blocks is 10.4 minutes, how can the 6 block average for the last 504 blocks be 60 minutes?

I see this all the time there.

and they have the price of BTC at 2500 or 2600

basically  they have a lot of errors

https://bitcoinwisdom.com/bitcoin/difficulty
legendary
Activity: 2478
Merit: 1020
Be A Digital Miner
Since it seems everyone is on a tangent that I do not think will be resolved while waiting for blocks, maybe someone could answer what is likely a simple question that I cannot figure out.

at bitcoinwisdom, when you look at the difficulty page, it shows the average of the last 504 blocks.    If the 1 block average for the last 504 blocks is 10.4 minutes, how can the 6 block average for the last 504 blocks be 60 minutes?

I see this all the time there.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'

As for being able to mine at all beneath the Dust threshold, possibly pool-side monitor what current payout threshold based on pool THs vs any single users percentage of that. If a user goes below threshold at least auto-send them a canned email about it?

Assuming a 0-transaction fee block, after 0.9% fee: 12.5 x 0.991 = 12.3875btc
0.0001 / 12.3875 = 0.0008073% of pool rate.
At today's 87PH pool rate, this threshold is about 0.7TH/s, discounting the ramping period.

I see that the complexity centered around the indeterministic timing of block found. In practice, it doesn't matter how much hash rate one has, there still exists the possibility of mining dusts during ramping period.

or an extended down time.  in my case most of my dust was ramp up or ramp down times.  

I suppose I have to say I did get a bit of dust due to my misconception that he was totaling and would pay at the 0.0001 sum
see here:

338765   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00236082   
338713   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00113201   
335434   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00001478   *
335425   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00001470   *
335319   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00002175   *
335280   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00002575   *
335230   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00003078   *
335225   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00003134   *
335151   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00004328   *
334947   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00001772   *
334106   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00003302   *
333024   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00000015   *
332947   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00000015   *
332679   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00002294   *
331660   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00991435   
331574   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.01482906   



this was ramp up  dust

349460   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.03192053   
348276   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00008468   *
348131   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00010867


as was this

416363   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00427173   
416327   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00123033   
416027   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00001262   *
415964   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00001249   *
415953   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00257713   
415950   16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr       0.00265931   


   
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