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Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 970. (Read 5352429 times)

hero member
Activity: 658
Merit: 500
Visualize whirledps
KanoPool:     58,252.37THs  ----->>>>>  I'm ready for KanoPool:     60,999.99THs + and, of course, some FREAK'N BLOCKSSSSSSSSSSSSSSSSSSSSSSSS!!!!! Cool Cool Cool Cool
member
Activity: 84
Merit: 10
Ok Kano, where is your Solo pool???  Cheesy

You are really scaling up and it's great to see you supporting the pool.

If you don't mind me asking, where's your hash heading, do you have a hash target or just as much as possible? I'd hate to have your electricity bill, then again the mining reward would be sweet.

Our power bill does't scare us at all.  Bitcoin is a business plan and that consists of finding the right location and energy prices which we have done both.  Currently we have taken on the largest transformer(2500KVA) that our power company will give a customer.  To get more power we would have to have another 2500KVA installed or have a substation built.  Both of those options are on the table at the moment. We are in one of the top 3 cheapest states for power(no not Washington which is #1, but this is also in the talks for future growth)


To the strategic growth, That is something I am not able to share on the forums at this time.  As far as the Kano members are concerned you will just see us adding to our hashrate  as time goes on.  Thanks for the question.

legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Come on Blocky, Damn Ya!!!

CRACK already!!!

We Must Have THREE!!! No Excuses!!

COMEONBLOCKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!   Cheesy Cheesy Cheesy   ----> DOIT!

Yea, come on blocks!  Smiley
hero member
Activity: 658
Merit: 500
Visualize whirledps
Come on Blocky, Damn Ya!!!

CRACK already!!!

We Must Have THREE!!! No Excuses!!

COMEONBLOCKSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!   Cheesy Cheesy Cheesy   ----> DOIT!
full member
Activity: 120
Merit: 100
Ok Kano, where is your Solo pool???  Cheesy

You are really scaling up and it's great to see you supporting the pool.

If you don't mind me asking, where's your hash heading, do you have a hash target or just as much as possible? I'd hate to have your electricity bill, then again the mining reward would be sweet.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'



Quote
4. I am also surprised that kano does not seem to payout any newly minted coins. This is one reason for some to mine in the first place.
A coinbase coin is worth no more than any other coin.
That's just weird delusions of some people dreaming about CP and virgins


Ah dang it.  So you mean any of my freshly minted uncirculated BTC that are in pristine condition and only handled with white gloves wont fetch big bucks from a collector of high grade bitcoins some day???    Well in that case I'm not even going to bother sorting any out or looking for ones with rare mint marks.    :-)  :-)


[/quote]

Well if  you have a solo block  of 50 coins

or a  solo block of 25 coins  


with nothing on the address  but  the solo block  I wonder if a fool  would pay  a premium for it? Grin



I don't mind  how kano pay's
I just let my  payments from him  go to about 0.3 in my mining address  and then send them to a consolidation address.
I pay about 25 sats per byte.  

Go to  an Transaction Accelerator service  for free and I get it all tidied up  at  25 sats per byte   vs current 175 to 250 sats per byte

My mining address has about .13 coins

with deposits from
kano   ------- 7 deposits
f2pool ------- 2 deposits
nicehash ---- 1 deposit
https://blockchain.info/address/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

full member
Activity: 341
Merit: 100



Quote
4. I am also surprised that kano does not seem to payout any newly minted coins. This is one reason for some to mine in the first place.
A coinbase coin is worth no more than any other coin.
That's just weird delusions of some people dreaming about CP and virgins[/quote]


Ah dang it.  So you mean any of my freshly minted uncirculated BTC that are in pristine condition and only handled with white gloves wont fetch big bucks from a collector of high grade bitcoins some day???    Well in that case I'm not even going to bother sorting any out or looking for ones with rare mint marks.    :-)  :-)

sr. member
Activity: 277
Merit: 250
Here is the transaction  https://btc.com/2659b63dc8862116a30cdfddc9cf6c9b1743ad9640915974f43db02f3c817ded

Another similar transaction seems fine https://btc.com/bdb7d17a41693b4a4de88917161f4bfc9a30cac1df9190b3265dd5a0bd6f2c69

Can someone tell what is going on? After a week, it still does not show up in Coinbase.
It looks to me as though you spent it about 18 minutes after you received it, if 17kSgc5pDojixySp3L8xMeCNfYeW5hvPAm is your coinbase wallet.
member
Activity: 112
Merit: 18
Let's keep it going. Need the first weekend block
xuy
member
Activity: 92
Merit: 10
Here is the transaction  https://btc.com/2659b63dc8862116a30cdfddc9cf6c9b1743ad9640915974f43db02f3c817ded

Another similar transaction seems fine https://btc.com/bdb7d17a41693b4a4de88917161f4bfc9a30cac1df9190b3265dd5a0bd6f2c69

Can someone tell what is going on? After a week, it still does not show up in Coinbase.


I moved .05 BTC from BTC.com to Coinbase on May 3. It was pending on Coinbase for 2 days and then it's gone. BTC.com sent again (automatically) on May 7. It has 283 confirmation now but it still does not show at Coinbase. Does anyone know whether the .05 BTC will eventually arrive at Coinbase? Thanks!

I send coins of varying amounts all the time from my Core wallet to my Coinbase account. Coinbase only requires 3 confirmation before it is considered "confirmed".
The only reason I can think of that you are having problems is that it was sent with too low of a transaction fee.

I don't know anything about BTC.com or how they operate, but I have never had any difficulties sending coins to coinbase. On the one or two occasions that I have sent the coins from Core to Coinbase with a low fee (I didn't care how fast it arrived), it was available in Coinbase (after 3 confirmations) within about 12 hours.

I would check your fee's and see if it was low.

From what I recall from earlier today there were MANY transactions in a backlog.
Good luck! Smiley

EDIT: I realized this occurred over a week ago, but there are currently 124,990 unconfirmed transactions in the mempool and the optimal fee is 0.00218603 BTC per /kb. ( I don't trust the optimal fee calculators. I just use my common sense depending on how fast I want the transaction to become available.)
full member
Activity: 637
Merit: 131
Another block by Cobramining!!!
Grin Grin Grin Grin
We got FOUR! We want MORE!
 Cool Cool Cool Cool Cool...?



Nice run of blocks!  I just realized that I have been on the Kano pool non-stop for the last 1499 blocks.  The next block we find will be number 1500 since I started...that's a crazy milestone! Grin

It would be crazy awesome if you were the one to crack that 1500 block  Grin
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Hey Kano I have a question.  On the payments page is there any way you could fix  the status of the payment so it would state if it was sent out or not?  Ever since I've been in this pool I don't think it ever worked.  Thanks!  Undecided
https://bitcointalksearch.org/topic/m.18995880
sr. member
Activity: 508
Merit: 250
Hey Kano I have a question.  On the payments page is there any way you could fix  the status of the payment so it would state if it was sent out or not?  Ever since I've been in this pool I don't think it ever worked.  Thanks!  Undecided
legendary
Activity: 1638
Merit: 1005
Another block by Cobramining!!!
Grin Grin Grin Grin
We got FOUR! We want MORE!
 Cool Cool Cool Cool Cool...?



Nice run of blocks!  I just realized that I have been on the Kano pool non-stop for the last 1499 blocks.  The next block we find will be number 1500 since I started...that's a crazy milestone! Grin

Congrats ! one block in advance  Grin Grin
legendary
Activity: 1736
Merit: 1032
Carl, aka Sonny :)
Another block by Cobramining!!!
Grin Grin Grin Grin
We got FOUR! We want MORE!
 Cool Cool Cool Cool Cool...?



Nice run of blocks!  I just realized that I have been on the Kano pool non-stop for the last 1499 blocks.  The next block we find will be number 1500 since I started...that's a crazy milestone! Grin
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
@Kano what is the current to do list ?

I'd like to know about the features to look forward to on the pool.
I'm still working on the block based redesign of all the CKDB code - getting close to full testing.
I seem to only be able to spend a few hours a day (and often no time) on coding Smiley Busy busy Smiley

Next will be a reasonably short to do, cloud based option only for people I personally know and have met and have some background info on, coz there's no way I'd want to be part of any sort of cloud scam.
The details probably wont be public other than to say that large miners with data centres may be able to 'long term' sell some of their hash rate to others.
A simple version already exists in CKDB and has been used for a couple of years now, but this will be an extension/modification of that, so it's not a big change.

Then the payout changes.

... though things change Smiley
full member
Activity: 218
Merit: 100
@Kano what is the current to do list if you don't mind me asking ?



legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
Here are some thoughts about pool payments:

We are all working hard, cracking blocks and we want to maximize our ROI. I get that.

1. The pool makes payments with every block and does not offer to set a payout threshold. I know - kano is not a bank. At the same time these numerous (often dusty) payments are being processed free of charge in our mined blocks, displacing payments which are actually offering to pay fees, reducing our payout. While the pool is not a bank, I believe a compromise could be found to reduce dusty payments to increase the available block space for paying transactions. The pool already holds the coins accumulated over 100 blocks. With some users setting a threshold, this would increase the "buffered" amount somewhat, but is it really such a large risk?

2. When spending these small amounts, the resulting transaction is bloated due to the larger numbers of UTXOs, requiring larger transaction fees when the coins are spent. Yes, this is from a user's perspective and irrelevant from the mining perspective, but most of us surely also actually use bitcoin. It just seems like an unnecessary inefficiency.
I've mentioned it a few times that it's 2nd on the TODO list (but it moved to 3rd due to something else recently)
It wont be a clear threshold, I've mentioned the design before, but to expand a bit, it will be a weekly or monthly depending on your total rewards.
Only the top X (something like 100 and some exceptions) will be getting per block payouts.

Quote
3. Even without the option of setting a payout threshold, there is some optimization potential in the payment code: Sometimes it happens that duplicate payments are made in the same block (same sender, same receiver, but two transactions in the same block). Obviously these payments originate from different found blocks, but it really seems redundant to send two transactions instead of just combining them into one.
That makes no sense at all.
I send out the transactions, I'd then have to double spend the 1st transaction and make a new 2nd transaction that combines them.
That also breaks the ability of clearly tracking payouts to block rewards, that some people want.

Quote
4. I am also surprised that kano does not seem to payout any newly minted coins. This is one reason for some to mine in the first place.
A coinbase coin is worth no more than any other coin.
That's just weird delusions of some people dreaming about CP and virgins

The other useless reason given is some bizarre idea that it reduces 'taint'
Taint is a term made up about bitcoin by morons who think bitcoin should be centrally controlled.
The idea that the 'big' guys can reverse transactions or 'flag' transactions coz they did some stupid shit with their system that allowed a hacker to get into it and 'supposedly' steal some of their bitcoins is beyond ridiculous.
Anyway, there's no 'taint' possible in how I do block based payouts coz it's the 1st transaction from the coinbase transaction.
The 'dust' goes to addresses that effectively can't be flagged for 'taint' either.

Then just to throw some more dirt onto the idea of 'taint'
blockchain.info used to say that any pool that gets an orphan (without trying to spend it) is a double spend risk.
Yeah you gotta love those morons who think about central control of bitcoin and come up with stupid shit like that.

Big coinbase payouts are bad for a pool.
The best example of that was the old defunct Eligius.
They had terrible orphan rates caused by 2 things, shitty code  and big coinbase payouts.
The only other real pool that does coinbase payouts is p2pool and since it has a distribution network of every person running a p2pool node, that resolves the problem of using coinbase payouts.
Coinbase payouts also mean that either the payout scheme is detrimental to the person who finds a block and the miners in the work before the block is found (like that recent pool added) or the pool over pays people sometimes ... which is definitely a bad thing to do.

If you want big coinbase payouts, go to another pool. I wont be doing them.
legendary
Activity: 3822
Merit: 2703
Evil beware: We have waffles!
Block 466098   cobramining.SE-R1x90   14.9305394BTC
Nice fat one!
legendary
Activity: 3586
Merit: 1099
Think for yourself
The pool already holds the coins accumulated over 100 blocks.

The Pool does NOT hold newly minted coins.  Bitcoin aren't spendable until they reach 101 confirmations.  Big difference.  That's the nature of Bitcoin.  If you were to find a solo block you couldn't spend/send them until they reach 101 confirmations.
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