by blockmines 
S9v2
4.3BTC Txn Fees
Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 962. (Read 5352429 times)
May 19, 2017, 05:09:23 AM
Block! by blockmines
S9v2
4.3BTC Txn Fees
by blockmines S9v2
4.3BTC Txn Fees
May 19, 2017, 01:04:14 AM
BLOCK Friday guys and girls! One already, lets make it FIVE!!
May 18, 2017, 08:36:55 PM
Block! by mikese
A7v2
Another FAT one with 3.73 in fees! A7v2
Thanks Wanna Cry, that guy help us get a lot of transaction fee
) 
May 18, 2017, 08:35:07 PM
WoW 
Last Block
Pool: 57m (467036)
Network: 41m 23s (467038)
Last Block
Pool: 57m (467036)
Network: 41m 23s (467038)
May 18, 2017, 08:08:39 PM
May 18, 2017, 08:05:40 PM
kano, what is your thought on developing a tx accelerator feature on your pool? I see a lot of positive needs on this feature nowadays while this could bring a bit more revenue on miners here. I understand this pool is still small but there are tons of people out there getting stuck for 24 hours+ easily these days.
EDIT:
Also, would you consider adding paid service to allow user leaving custom message onto the block? yes I understand with current BTC/byte this is not much practical but one never knows. Maybe there are some special events or meanings for someone like today?
A TX accelerator means the pool gets lower txn fees.EDIT:
Also, would you consider adding paid service to allow user leaving custom message onto the block? yes I understand with current BTC/byte this is not much practical but one never knows. Maybe there are some special events or meanings for someone like today?
The point of an accelerator is to include transactions that are being ignored, due to the fact the user paid transaction fees lower than other transactions.
The solution is to pay fees that relate to how quickly you want a transaction confirmed.
If this is in any way related to payouts, then as I've mentioned a few times, this will change once I get around to adding 'accounting' to KDB
(which will mean I can add to how the payouts work)
May 18, 2017, 07:57:34 PM
I very much doubt any of the core devs would take any interest in that idea I had years ago - it's a hard fork ... ....
I very much doubt that they would be interested in any idea that didn't include 100% support for segwit. I get the impression that even if a "perfect" solution presented itself, and that solution didn't include segwit, they still would not be interested in hearing the merits of such a solution. 
The perfect solution to SegWit would be to remove P2SH which caused the problem in the first place.
Kano's solution does sound really cool, but it is a bit radical, but less radical than the other *solutions*.
May 18, 2017, 07:52:52 PM
I very much doubt any of the core devs would take any interest in that idea I had years ago - it's a hard fork ... ....
I very much doubt that they would be interested in any idea that didn't include 100% support for segwit. I get the impression that even if a "perfect" solution presented itself, and that solution didn't include segwit, they still would not be interested in hearing the merits of such a solution. May 18, 2017, 07:49:43 PM
I moved to Kanopool at the end of April. When I saw 2 blocks daily and 0.0007 BTC per THs per day. Since then the number is reducing steadily, In April, there were 2 blocks daily on average. Now the pool size is increased by 50%+ (from 40-60PH) but the number of blocks is not increased by proportion. Actually BTC per THs per day is 0.0005 now. I know some is due to difficulty. But the difficulty does not increase that much. Maybe Kanopool was very lucky in April.
Firstly, and most importantly, no pools can expect to get better than 100% luck. That's a fact.If we get better than 100% one month, there's no reason the next month will be the same.
It may be better, it may be 100%, or it may be worse.
There's a table on the Blocks page VRobb linked for you to look at.
That shows the PPS% reward the pool has paid in total each month.
Use that as a guide to see what you are getting approximately, and compare that to other pools.
As for BTC per TH per day - it's currently expected to be 0.00044904696 BTC at 100% PPS.
You can see the BTC per hour per THs on my "Pool BTC Calculator" http://tradebtc.net/bitcalc.php
However, this is a PPLNS pool, not a PPS pool.
So your rewards will vary with pool luck, but should average out long term to be better than pretty much every other pool.
May 18, 2017, 07:41:48 PM
Block! by mikese
A7v2
Another FAT one with 3.73 in fees! A7v2
May 18, 2017, 07:37:38 PM
Block! by mikese
A7v2
A7v2
May 18, 2017, 06:14:05 PM
kano, what is your thought on developing a tx accelerator feature on your pool? I see a lot of positive needs on this feature nowadays while this could bring a bit more revenue on miners here. I understand this pool is still small but there are tons of people out there getting stuck for 24 hours+ easily these days.
EDIT:
Also, would you consider adding paid service to allow user leaving custom message onto the block? yes I understand with current BTC/byte this is not much practical but one never knows. Maybe there are some special events or meanings for someone like today?
EDIT:
Also, would you consider adding paid service to allow user leaving custom message onto the block? yes I understand with current BTC/byte this is not much practical but one never knows. Maybe there are some special events or meanings for someone like today?
May 18, 2017, 06:08:40 PM
Kano, have you ever considered putting your own Bitcoin proposal together for a future plan that we can all live with? I like the 2 minute block idea you had, combine that with a 2mb blocksize and I think that would sustain bitcoin into the foreseeable future. I know it's a lot of work, but I think it's something that would be a far better alternative to the proposals out there and one that a lot of people would get behind.
I very much doubt any of the core devs would take any interest in that idea I had years ago - it's a hard fork ... ...... though a hard fork is pretty much necessary for any change that's gonna deal with block size properly.
... but unfortunately I've been overwhelmingly suckered in to the basic idea of BIP100
It's not a "random shot as a side effect" solution like segwit is, it's a direct block size solution, and it's very clear how it works, keeps control with blocks, and wont cause the network confusion that I expect BU will cause with their 'unusual' size voting system.
I'm also not one for politics (which is what bitcoin core is) so I steer clear of them as much as possible.
May 18, 2017, 05:40:29 PM
Is the network still going down? my miners are going crazy.
No problems ... since the major one 9 hours ago. May 18, 2017, 05:26:45 PM
Kano, have you ever considered putting your own Bitcoin proposal together for a future plan that we can all live with? I like the 2 minute block idea you had, combine that with a 2mb blocksize and I think that would sustain bitcoin into the foreseeable future. I know it's a lot of work, but I think it's something that would be a far better alternative to the proposals out there and one that a lot of people would get behind.
May 18, 2017, 05:10:26 PM
Is the network still going down? my miners are going crazy.
May 18, 2017, 04:36:14 PM
Indeed April was a ripper, but May is kicking it good too... https://kano.is/index.php?k=pblocks
May 18, 2017, 04:33:21 PM
I moved to Kanopool at the end of April. When I saw 2 blocks daily and 0.0007 BTC per THs per day. Since then the number is reducing steadily, In April, there were 2 blocks daily on average. Now the pool size is increased by 50%+ (from 40-60PH) but the number of blocks is not increased by proportion. Actually BTC per THs per day is 0.0005 now. I know some is due to difficulty. But the difficulty does not increase that much. Maybe Kanopool was very lucky in April.
May 18, 2017, 04:10:55 PM
This becomes a game of statistics. You want a larger pool as it would decrease our variance or inconsistency of blocks. I believe when I was talking to Kano, he said our pool size needs to be 5% of the total bitcoin hash rate to bring it statistically within the parameters that would eliminate the long periods of time that we go without finding a block. Another way of looking at it, is right now if you plotted our blocks on a chart you would have huge spikes and then nothing (for the hours we wait in between) for a time another spike and so on. At 5% we would have a more consistent smooth line. Yes we would all sacrifice rewards per block, but make up for it in multiple blocks per day. In the end of the day, you would make as much or more with a larger pool. Right now to hit 5% I believe we need to be around 220 PH and that is a moving target as the network grows.
I wish there was a "like" button or similar...I've not heard this said more clearly. Perhaps we'll see more well-resourced miners finding the advantage of how this pool operates. We "little(r) fish" will continue to pump our 25 Satoshis' worth to help... 
This exactly what I was what saying 2 days beforrre
"This pool is amazing!
The morrre minerrrs we have, the morrre blocks we will find and Booyakasha!!!
How to we atrrract morrre minerrrs to this pool???
This is very serrrious question
"
May 18, 2017, 04:05:18 PM
Damn my 3rd block in the pool one with ahumaidan and 2 with mhumaidan
Split personality?
Congrats!!!
🤣🤣 Nah. I manage the miners, buy miners and theirs PSUs, wiring, replacements and monitoring for my family as well as maintenance. Finally, I get a % of the funds of each.
Thanks!
Good deal! I see a post from @clgrissom3 that you are running 32TH. Is that under the single usernames? How many miners are you managing total? And what is the make-up, S9's, Avalons?
Again, congratulations! And.....
MINE ON!!!
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