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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 907. (Read 5352527 times)

newbie
Activity: 19
Merit: 0

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

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Morning All:

I'm new to this game but reading reading reading and learning a lot in just a few days.  This forum has been super helpful so thanks to all the veterans!  My one measly S7 is mining in KanoPool and it makes me excited to expand with S9(s) as soon as possible.

So... if you could explain what you mean above by trading in alt coins to make more BTC, I'd really appreciate it!

Thanks!

*** See, I can't even seem to post quotes correctly.  Rookie mistake!
sr. member
Activity: 393
Merit: 250
911 IT Admin. I keep 911 up so you get help ASAP!
How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.


Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

If you have free hosting then you have no electric to cover like I do so you should be able to get going in no time at all as at the current Bitcoin exchange rate an S9 costs about .41 Bitcoin.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
newbie
Activity: 48
Merit: 0
How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.
legendary
Activity: 3234
Merit: 1221
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block by Biffa!

This is our 3rd of BLOCK FRIDAY  Cheesy Cheesy Cheesy
member
Activity: 118
Merit: 14
My second S9 finally came! It is now added to the first S9 on Kano's pool.
Another reason to do a happy dance on Friday.
Now to save up for my third S9.....
Have a great weekend everyone.

dzimmerm
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Block! by Vasilisa916 Smiley

Looks like we had some good action overnight!  Vasilisa916 with 82TH/s hits his 4th Kano block and izhenergo with 112TH/s hits his 1st Kano block!  Welcome to the Acclaim Board! Cheesy

This is our 2nd of BLOCK FRIDAY! Cheesy Cheesy
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
there is a tight timeline. If they failed to upgrade to it or if Jihan block segwit activation in the last min then UASF will be active in 1 August. What this pool will do in this scenario? Because many pools seems to choose side right now and segwit has above 50% support the last days.
No it doesn't have 50%

... and segwit activation requires 95% ... so no where near what it needs.

Edit: and stop asking the same question over and over that I've already answered.
Yes I'll keep deleting your posts.

As for signalling - I don't need to signal anything - the pool is only 1.5% so has no effect on the majority.
All I need to do is have the pool code support generating blocks for the majority mining network if any change occurs.
Segwit/Segwit2x is bad for bitcoin - but if the vast majority of miners accept it, then that's what bitcoin is.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
there is a tight timeline. If they failed to upgrade to it or if Jihan block segwit activation in the last min then UASF will be active in 1 August. What this pool will do in this scenario? Because many pools seems to choose side right now and segwit has above 50% support the last days.
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
and the more serious question is what this pool will do if segwit2x failed? Will follow Jihan fork or UASF?
Stupid question.

How can segwit2x fail?
Almost every block supports it.
It will happen in 2 weeks.

Why on earth would anyone even care about USAF?
Bitcoin is peer2peer - not minority centralised control.

Miners control bitcoin - by design.
If you don't like that - go use or create some scam alt-coin.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
and the more serious question is what this pool will do if segwit2x failed? Will follow Jihan fork or UASF?
newbie
Activity: 29
Merit: 0
why this pool is not signal segwit? is this another one Jihan Pool?
Do a search buddy, it's been answered 1000 times.
legendary
Activity: 3430
Merit: 1142
Ιntergalactic Conciliator
why this pool is not signal segwit? is this another one Jihan Pool?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
member
Activity: 93
Merit: 10
I'm new but like it so far, now I need to find place to host all of my other miners.

The best prices are in Canada but they seem to be mostly full these days.  I have all my 142TH/s with Toomim Bros in Washington State...their hosting fees are way lower than my electrical costs and they run a tight ship all around.  As an added bonus, I no longer have to fight to control the heat and noise plus I can log directly into the cgminer interface on all 17 of my miners.  I have a combination of S7's, S9's, and A721's and Jonathan Toomim and his crew do a great job with them all. Grin

http://toom.im/

I too have my 80THs at Toomim Bros and am very happy.  The bad news is that they too are at capacity.  I had pointed some people to them from another group and they mentioned this.  I confirmed it with Jonathon.  He said they had someone buy up all their remaining capacity.  He didn't mention how long it would be until they expanded other than it was planned.

Rick..
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Block! by izhenergo Smiley
and a payout Smiley
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
I'm new but like it so far, now I need to find place to host all of my other miners.

The best prices are in Canada but they seem to be mostly full these days.  I have all my 142TH/s with Toomim Bros in Washington State...their hosting fees are way lower than my electrical costs and they run a tight ship all around.  As an added bonus, I no longer have to fight to control the heat and noise plus I can log directly into the cgminer interface on all 17 of my miners.  I have a combination of S7's, S9's, and A721's and Jonathan Toomim and his crew do a great job with them all. Grin

http://toom.im/
member
Activity: 68
Merit: 10
I'm new but like it so far, now I need to find place to host all of my other miners.
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
What kind of reward does one get when it finds a block? I'm new to the game but always hoping I will get my day at fame some day and be at Acclaim Board Smiley
There is no 'block finder reward'

Or said another way, the block finder reward is a listing on the Acclaim Board.  Cool

Getting your name listed on the Acclaim Board is pretty cool stuff and we like to recognize those who make it.  The real reward is being on a pool with a lifetime luck percentage of 103.43% (106.65% PPS) run by one of the best in the business.  I've been around the block a couple of times and I've never found a pool that can hold a candle to this one. Smiley
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