Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 971. (Read 5352429 times)

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.

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.

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.

Feedback welcome and encouraged!

Thanks.

We are on a drive for five

Once we do the five

We will shoot for Six

Thanks Kano! It's Magic!  twin

We got FOUR! We want MORE!
  ...?

Another block by Cobramining!!!

With that being said, I can't wait till June so I can bring up my small army of A6's muhahaha

Hope we can maintain this, and that spot maintains well. I'll have our power reserve for the next quarterly billing in less than 20 days; we've also been holding on to the old A6s that I can't run for lack of amps, but find that Oregon Mines can take them at a rate that still makes a reasonable profit (at least so long as spot doesn't go down drastically). Labrador is...seriously...out of power. They're at capacity...and, IMHO, that's a wonderful thing for them. We're on a wait list for rack space there. We should all have that rank of success, ya know?

Even tho I was not sure if the slow down at coin base could of had anything to do with any ones transactions showing up.  They also did not post the thing about there issues they were trying to work on that took a few days for them to even notice they had anything going on and posting the notice that they were looking into it.   

Some people I know even had issues trying to do any transactions at all or even being able to sign in and see their dashboards on coinbase last week when there was a lot of action going on in btc trading when it was shooting up to towards $1700 and $1800   I tried to sell a lil bit on a peak and it took an hour before the system was not so overloaded that it started working right without timeouts and freeze ups on there
pages.       

SO they had a few more things going on then just the stuff addressed in there notice. 

We've gained about 30 additional users since yesterday afternoon. I remember commenting that the tx. fees were split among ~820 users. As of just a minute ago we had 850 users.
 

Mine On! 

Can we do a FOUR or FIVE? 

This is starting to look like BLOCK MAY! 

S9v2

Bolck by bapir with 78TH/s!  Welcome to the Acclaim Board with your 1st Kano block!  

That's number 3 for BLOCK FRIDAY!  

That's number 2...let's keep it going!

Thank you wmabern. I tried most of this stuff. That's y I asked "a mine" to confirm my transaction 

Maybe I just had to be a bit more chilled about this cause now the transaction is confirmed or maybe
SOMEBODY assisted a bit with it.

But on http://bitcoinfees.21.co/ it looks like 10/B fee is way to small for getting confirmed,
so I thought I ask here for help. :-)

Thanks and whoooopwhooop I like this light shiny green!!

Ordered a brand new S9 13,5TH.
Hope I can fire it up till end of month. :-)

BLOCK FRIDAY IS IN THE HOUSE

Block! by cobramining
A7v2
and a payout

???Hi guys and gals. I have recently upgraded from 2 s4's to 3 s7's  (4.73 th/s)plus 1 s9  ( april batch )
My question is - I have the #1 board on an s7 ( dual fan) running at 81*+ . after replacing the control board with a new on , the hot board #1 continues.
 If replacing the hash board, how do I determine which is #1 ? Thank you.
PS - I'm not a noob. I lost my credentials because I've not been on the forums since last semester. AKA Erik

The Miner Reward for that block was pretty nice also! 15.02442856 BTC Reward. 

I live in TN