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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 899. (Read 5352420 times)

legendary
Activity: 952
Merit: 1003
Keep on truckin', Kano...  Kiss

legendary
Activity: 3990
Merit: 4597
I am much more practical about it: whatever will be conducive to most users, including miners, shall have the upper hand in the end.
Regarding religion: there is an excellent sci-fi story by Isaac Asimov, "Reason".

In short (don't read further if you want to read the story),
robots at the station #5 developed a religion that looks strange to humans. Humans are afraid that robots' religion will result in their inability to follow what they supposed to be doing (pointing the high energy beam at the exact point on the Earth's surface). To the astonishment of humans, robots continued with their task even though they don't believe that Earth exists at all. Earth is spared and a huge destruction does not occur. When asked, Cutie (the leader of robots) replies that he merely "kept all dials at equilibrium in accordance with the will of the Master".

tl;dr kano still rocks as a pool operator, as he keeps "all the dials at equilibrium", even if you believe in Segwit and he is skeptical about it.

sidenote: you don't have to agree with a person's ideas and beliefs to appreciate his/her skill.
Cheers
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
... seems we have one of those "there 'could' be some failovers and failbacks" happening on NL at the moment ...

Edit: was referring to https://bitcointalksearch.org/topic/m.20222846
... also it only lasted a couple of minutes so all was OK soon after.

However, that implies that there will "probably be", rather than "could be", a similar short outage on JP later on as per the post I linked.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
...
Miners are paid by the network to secure it.
...
... actually "the network"="users" are currently only paying about 10%, miners pay for the rest.

Our blocks give us 12.5 BTC no matter what transactions there are out there.

The rest above the 12.5 BTC is the "users" paying to have transactions in our blocks ... including those who DON'T pay transaction fees - i.e. zero fee transactions.



... and just to point out something that MOST people seem to completely ignore:

A Bitcoin "user" can get in and out of Bitcoin with a single bitcoin transaction.

Being a miner requires an investment in Bitcoin that is often VERY large - some of the miners on my pool have invested millions of dollars into Bitcoin - and this is not a large pool - and that depends on Bitcoin working - they make their decisions based on that ... not based on often ignorant posts by people saying that SegWit is all good and no bad.

SegWit is going ahead anyway, to my dissatisfaction, but I also understand what you clearly do not understand:
Bitcoin is a peer2peer system, so the majority decides what Bitcoin IS

If you don't like what Bitcoin IS then go spend your one single transaction to escape from Bitcoin and go join some alt-coin scam that matches what you want.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)

You guys are funny.  I love it.  Great community, great positive attitude!

I just found a cheap S9 today, looking forward to getting that online and going from 4.8 to 17 +/- TH... woot!

Join the party. Welcome!  Cool

Haha!  You have to a little bit crazy to join in this party! Cheesy
hero member
Activity: 658
Merit: 500
Visualize whirledps

You guys are funny.  I love it.  Great community, great positive attitude!

I just found a cheap S9 today, looking forward to getting that online and going from 4.8 to 17 +/- TH... woot!

Join the party. Welcome!  Cool
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Just a notification in advance of some network maintenance at the NL and JP nodes.

Between 02:00 to 03:00 (19-Jul) UTC, at the NL node, there 'could' be some failovers and failbacks while the provider does some route changes upgrading the network.
Any failover 'should' be short so 'should' be nothing to worry about, if we get any short dips of a minute or so in the hash rate.

The same as above for the JP node between 17:00 and 18:00 UTC
newbie
Activity: 19
Merit: 0
Block! by moecarrimNEW Smiley
and 3 payouts Smiley

FIVE BLOCKS Today (So Far) on this FINE BLOCK TUESDAY!! Cheesy Cheesy Cheesy Cheesy Cheesy

About another hour to get the big #SIX!!!!!!    Grin Grin Grin Grin Grin Grin

COMEONBLOCKSSSSSSSSSSSSSSSS!!!!!! Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Let's also breach that "Expected" Number of Blocks!!

Let 'em ROLL!  Shocked


You guys are funny.  I love it.  Great community, great positive attitude!

I just found a cheap S9 today, looking forward to getting that online and going from 4.8 to 17 +/- TH... woot!
hero member
Activity: 658
Merit: 500
Visualize whirledps
Block! by moecarrimNEW Smiley
and 3 payouts Smiley

FIVE BLOCKS Today (So Far) on this FINE BLOCK TUESDAY!! Cheesy Cheesy Cheesy Cheesy Cheesy

About another hour to get the big #SIX!!!!!!    Grin Grin Grin Grin Grin Grin

COMEONBLOCKSSSSSSSSSSSSSSSS!!!!!! Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Let's also breach that "Expected" Number of Blocks!!

Let 'em ROLL!  Shocked
member
Activity: 125
Merit: 10
member
Activity: 85
Merit: 10
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block! by moecarrimNEW Smiley
and 3 payouts Smiley
sr. member
Activity: 700
Merit: 275
Hmm I see a remarkable study about Kano pool here. The hash rate is pretty high and hope to see you get the success. Nice work.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say.  Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way.

Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that.
LOL

Edit: post deleted - no sig spam wanted here.

It's not sig spamming wtf. There is no Ledger Signature campaign as far as i know. I did put it as a sig because i have nothing else to put. Someone share your post on a slack group (CryptoFR) and i disagree with it so i did reply.

Deleting my reply for shitty reason because you don't agree doesn't change the fact that i'm right. Miners are paid by the network to secure it. You're not here to rule anything.


Oh and i've remove the signature so you will not have any legit excuse to delete this post this time.

Like I said you are right BTC Developers   can fire the miners  BTC   developers can lower  the tx fees for the miners.

They can do whatever they want to squeeze out more profits.

I think of them  as Chris Christy  governor of NJ  shutting down the George Washington Bridge  for four days  a few years back.   He got away with it.


Should be fun to see the results of the change.
legendary
Activity: 1619
Merit: 1004
Bitcoiner, Crypto-anarchist and Cypherpunk.
Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say.  Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way.

Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that.
LOL

Edit: post deleted - no sig spam wanted here.

It's not sig spamming wtf. There is no Ledger Signature campaign as far as i know. I did put it as a sig because i have nothing else to put. Someone share your post on a slack group (CryptoFR) and i disagree with it so i did reply.

Deleting my reply for shitty reason because you don't agree doesn't change the fact that i'm right. Miners are paid by the network to secure it. You're not here to rule anything.


Oh and i've remove the signature so you will not have any legit excuse to delete this post this time.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say.  Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way.

Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that.
LOL

Edit: post deleted - no sig spam wanted here.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say.  Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way.

Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that.

Yeah  you can do that.  You can bend and twist the rules of btc as much as you want.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Is there a way to configure alerts so that when our hashing value drops by x amount we can get an email?

I was on vacation and there was a storm that knocked out the power. The fix was to reboot a router, but I went about 4 hours without Internet access before I noticed it, and by then it was too late, I had to wait until the next morning to get my neighbor to go to my house and reboot the router.

I'll be picking up a battery back up for my router and Internet modem tonight.

From Kano's first post on page 1 of this forum topic:

Quote
There's Apps to get pool info and monitor your miners.

Apple App:
https://bitcointalksearch.org/topic/ckpool-stats-iphone-app-1344360

Android App, read in the thread here:
https://bitcointalksearch.org/topic/m.11091187

For miner monitoring:
https://bitcointalksearch.org/topic/kanopool-monitor-hashrates-workers-rewards-and-notifications-for-kanpool-1331875

Send any donation/whatever to them for using them - since they wrote them.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
I have been mining here for about 2 years and am a frequent stalker of this board.  I am sure Kano and clgrissom3 have had a response to the upcoming activation of SegWit.  I just haven't seen it.  If someone could link it I would appreciate.  

I know this isn't the correct thread for this, but most people here seem WAY more level headed and thoughtful then rest of the community about this issue.

I have been reading about some of the vulnerabilities of SegWit and how it opens up Bitcoin to security problems (https://calvinayre.com/2017/06/19/bitcoin/risks-segregated-witness-opening-door-mining-cartels-undermine-bitcoin-network/ and how it seems to me that we as miners will be losing transaction fees as most transaction will be done on side chains, then crammed into our at most 2MB block.  

So why in the hell are we activating SegWit?  

And a follow up question then, if we are activating SegWit, when one of these security vulnerabilities is taken advantage of won't it completely destroy the reputation of Bitcoin?

If I am misinformed please link me to the correct info.  Educational material is always appreciated.

Thanks!

https://bitcointalksearch.org/topic/m.16868494

Kano is the Master, I'm not quite up to the grasshopper level yet! Grin
newbie
Activity: 10
Merit: 0
I have been mining here for about 2 years and am a frequent stalker of this board.  I am sure Kano and clgrissom3 have had a response to the upcoming activation of SegWit.  I just haven't seen it.  If someone could link it I would appreciate.  

I know this isn't the correct thread for this, but most people here seem WAY more level headed and thoughtful then rest of the community about this issue.

I have been reading about some of the vulnerabilities of SegWit and how it opens up Bitcoin to security problems (https://calvinayre.com/2017/06/19/bitcoin/risks-segregated-witness-opening-door-mining-cartels-undermine-bitcoin-network/ and how it seems to me that we as miners will be losing transaction fees as most transaction will be done on side chains, then crammed into our at most 2MB block.  

So why in the hell are we activating SegWit?  

And a follow up question then, if we are activating SegWit, when one of these security vulnerabilities is taken advantage of won't it completely destroy the reputation of Bitcoin?

If I am misinformed please link me to the correct info.  Educational material is always appreciated.

Thanks!
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