I have around $3800 frozen in my account on Poloniex after I tried to upgrade my withdraw limit which was 10 days ago! Although it was stated on the verification page that it will take just a few minutes and in some cases up to 2 days. I have opened a ticked 9 days ago but still no response and they don’t let me take my coins out! This is so messed up!  |
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LOL Amazing!
Go Cobra!
Oh Cobra back in the game? Nice!  |
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I just want to know if anyone else feels the same way about this. I love that the price of BTC is way high but this seriously fast increase in price somewhat worries me. I don't want to say anything bad about BTC, I just feel like it's kinda out of control, that's the point though. I don't know could it ever be possible that the price decreases to where it was say 6 months ago or less? Where do you guys think it will level off and who decides the price, I think the traders do but I really have no idea. Let me know what you guys think? Happyyyyy Mining Kano people!
I also wonder, but I treat mining and crypto investments much like stocks and gambling. It is like stocks in that it is more risky than bonds and like gambling in that I only put money in that I will not destroy my future if it goes bust. Obviously there is much more up side than this, but there is a small chance that it will all fall apart. If your risk tolerance is lower than this, then it is best to convert enough earnings to pay your power each month. That makes your mining operation much less risky. Anyway, this is risky business, but as we have all seen, there is a lot of upside potential too. I hope this helps gives you some options. Bitcoin was created to eat Fiat currency. The M2 money supply during the Obama Administration went parabolic. They created trillions of Fiat dollars and every industrialized country followed suit. They had to do it to keep the Ponzi scheme going (confidence game). They can only inflate traditional markets so much without hyperinflation taking hold and destroying confidence in the system. China is 4 times more in debt than the United States on a GDP basis. So, what do you do to keep the ponzi going? You design a Fiat Currency eating machine, something that will eventually, over time, eat all the bloated assets up and replace their valuations into a Global means of exchange. Ta Da!! Bitcoin and other crypto currencies. Now, with that said, there are going to be temporary pullbacks and occasional bear markets in the Crypto's. The Golden Rule I follow is that I don't own anything in this space that is not mined. Bitcoin is and will be the Gold Standard for all others to follow. There will be consolidation, but eventually all Crypto will either be sucked up by Bitcoin or will be integrated to conduct Hotswaps with Bitcoin. 1 year prediction: July 2018 BTC 22K, end of FY18, BTC no less than 50K. Remember we have a halving coming up, which makes all BTC worth even more $$$. Fundamentals are as follows: Limited Supply, less than 1% fiat currency participation, early innovation stage is still in progress, some early adoption into mainstream (think Japan) = Huge growth into the near term, huge growth long term. Finally, if BTC garners 1% of the worlds Fiat wealth, BTC = 1 million dollars or more per coin. HODL |
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Block!! Ketchup was a little slow, but it worked! Nice block canaan!  Just another one and it will be over 100% monthly stats!  And the btc is only a hair line below 10k! That’s nice to know as well! |
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Dang BTC down to 6000
Its going on sale. Sh....t yesterday it was $5400! Now that’s when it was really on sale! . No worries partners, my prediction that it will be up to $9000 by 25th of December, at least!  Yikes, I was way off! Sorry guys! |
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I got a feeling that we’re about to get a block! How about you comrades?  |
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I am not showing the last payment in my wallet. When I check https://blockchain.info/address/35efSwzRYdYFfxy82CgNSTdukd1gStVYEN the last I see are from 11/16/2017. I have verified that the correct wallet address was used to send the payment. Block Address Status BTC 495143 35efSwzRYdYFfxy82CgNSTdukd1gStVYEN 0.00584797 Did it recently confirm and the payment hasn't been released? Once we find next block it will show up in your wallet, end of story.  |
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I know that and that was I was trying to explain to the first guy commenting about it, telling him that it doesn’t update until the block is found, I said it would be like 20 expected when we hit the next block and then the Vblob said I was wrong and that it would be 13.6 expected, after that I corrected myself self saying that I just realized that it was only 4 days but seemed like forever. After that the Vblob started insulting me with his correct calculations,... and he was still wrong! It isn’t 13.6 it is 13.78! But close enough! I just might hire that boy to calculate my profits for me, I’m even willing to pay double of what his s5 dusts out! Lmao! Yeah, I was replying to him, I know you know what's going on. "Vblob", that's the best you can do?? And 'AT THE TIME' my calculation was spot on. It's only basic math, duh. You both deserve the ignore button so goodbye math clowns! Oh no, we’re going to miss you Vblob!  . Lol PM me if you need a job! |
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I got paid less for the last block than I did for the one before! Sigh. Not sure how. I only lost 1 miner for 1 day, it should take a while for that to impact I thought, especially after we lost another 15PH. Oh well, still worth getting, Another thing that kind of irritated me. I looked at the shipping notice from Minerwarez and say the shipping date is scheduled for the 28'th! I thought it had just shipped early  Never seen a notice go out a month before the item actually ships. Not that 7TH is a lot, but I'll take it. Just wish I could get a couple of boards for this S7 I have here. I think it is the boards, it only hashes 135GH. Prior block was 19.0, last block was 14.7...that will account for a drop in rewards. Ah yeah perfect! Thanks Yeah bro, the one before last was humongous! We all got payed less for the last one, so no worries! |
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So if you have x amount of hash and have 100% 5nd and then add more hash, does that hash = 100% 5ND
Your reward is directly based on the number of shares you submitted in the last 5Nd. The problem is that people want to convert that to a hash rate Of course. So I'll make up some numbers to explain that: Lets say 5Nd is actually 5 days (that's not what it is right now) Lets say you have 5THs and mine for 1 day then we find a block. What is your 5Nd hash rate? 1THs ... 1/5 So my 5THs got ripped off? No. It is expected to get rewarded multiple times in the 5Nd from now. The catch in all this, is understanding what is happening. It's that each share you submit, is being rewarded over the 5Nd after you submit the share, which is expected to be 5 times (on average) So how does this answer your question? Well actually it does, that's also the catch Your rewarded 5Nd hash rate will rise, over the 5Nd, from Old, to be Old + New, i.e. during the 5Nd it increases, not jumps up at the start. Exactly the same as a new miner starting at Old=zero and Old+New=their hash rate. this is easily the fairest (and most generous) payment system, as it works both ways! i had to take my miners offline 5 days ago as i am restructuring and preparing for a new setup, but i sill got rewarded for the past 2 blocks! Well yes, that’s the way it works. If it took you to let’s say 10 Days to ramp up your hash rate then you will still be getting payed for the next 10 days even if you shut off your miners completely, for each block found. It’s just that it will be less and less for each block during those 10 days. That’s why when we got the rewards for the last block it said pool n average is still like 35ph when it has been less than that for a while now. So we just paying off the miners that have left a while back. That’s how I understand it anyway. . It’s very nice to have a system like that as long as there will be blocks found within those 10 days after you shut off. Lol |
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At this moment the expected number is mor like 20 and only 11 found! Which is’t good At ALL!
Wrong, at this moment if we hit a block we'll have 12 and expected would be 13.6  Hardly a chicken little panic situation. You realize that those stats only update when a block is found right? The expected is much higher than 12 right now. Care to try again? Don't question that which you don't understand, better to remain silent and be thought a fool than to speak and remove all doubt. To the rest I say mine on! Uhhhhh, did you not notice that the number jumped up after we found a block? Those numbers only update on each block. Not sure what you aren't getting here. I know that and that was I was trying to explain to the first guy commenting about it, telling him that it doesn’t update until the block is found, I said it would be like 20 expected when we hit the next block and then the Vblob said I was wrong and that it would be 13.6 expected, after that I corrected myself self saying that I just realized that it was only 4 days but seemed like forever. After that the Vblob started insulting me with his correct calculations,... and he was still wrong! It isn’t 13.6 it is 13.78! But close enough! I just might hire that boy to calculate my profits for me, I’m even willing to pay double of what his s5 dusts out! Lmao! |
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So if you have x amount of hash and have 100% 5nd and then add more hash, does that hash = 100% 5ND
No, the hash you added needs ramping up time as well. So if you add more hash it will still take you awhile to have them running together at %100, the hash you’ve had previously and the hash you’ve just added. |
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Care to try again? Don't question that which you don't understand, better to remain silent and be thought a fool than to speak and remove all doubt. To the rest I say mine on! I would advise you to stfu boy! Сосунок! Can you guys not do this? We are all family here. Apparently not all! |
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At this moment the expected number is mor like 20 and only 11 found! Which is’t good At ALL!
Wrong, at this moment if we hit a block we'll have 12 and expected would be 13.6 Hardly a chicken little panic situation. You realize that those stats only update when a block is found right? The expected is much higher than 12 right now. Care to try again? Don't question that which you don't understand, better to remain silent and be thought a fool than to speak and remove all doubt. To the rest I say mine on! I would advise you to stfu boy! Сосунок! Care to try again if you like it? I said much higher than 12 and 13.78 is much higher than 12 at the size of this pool ( not for you thought! Haha). So keep your posts to yourself as well as keep calculating the dust from your s5 while dreaming of another 7Th |
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At this moment the expected number is mor like 20 and only 11 found! Which is’t good At ALL!
Wrong, at this moment if we hit a block we'll have 12 and expected would be 13.6 Hardly a chicken little panic situation. Oh yeah we only haven’t had a block in 4 Days! But seemed like forever ago! |
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Luck has not been all that bad. Expected is 12.2, found is 11. We are just in the doldrums that happen when variance and difficulty are high. The payouts will be quite nice when they happen. I just checked a little pool I once mined at and they are only hitting about 1 to 1.5 blocks a month, with only about 2PH/s. I am curious at what insanely high transaction amounts will be added to our next set of blocks here at Kano pool. A new A741 is heading my way by the end of the month so I am looking forward to greater earnings soon.
Time to heat the house during the winter months with pure HASHRATE!
If the expected 12.2 and 11 found would be right now, then yes it would be great! But that was like 9 days ago man! At this moment the expected number is mor like 20 and only 11 found! Which is’t good At ALL! |
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The hash rate unfortunately is getting low enough where other pools are making sense at this time. I have some miners here and some elsewhere and it's tough going this weekend after a great weekend last weekend. Cross some fingers and pull out a block!
I’m afraid that what you’re saying does make sense.  . This doesn’t look good at all! I’m still hanging here but won’t be able for much longer if the luck doesn’t turn our way! This is just so sad guys! I don’t know what else to say!  Kano I think some words of encouragement would be nice for the pool right about now. |
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WTF???
20.7 PH
in a non-fee pool!!??
every bigger miner must see the advantage of this.
and if we get some bigger miner the variance drops and the ramp time too.
so they'll get paid faster and a lot more than on every other pool.
If I was a big miner I wouldn’t want to change to this pool right now and sit here for all these Days waiting for the ramp up time and loosing thousands of dollars daily by doing so. . Plus Kano is just charging 0.9% it’s not like you’ll get 20% more or something like that. |
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BAH! I didn't notice one of my S9's has been on but not hashing since the 17'th! Grrr!  ouch you got to setup alerts Definitely set up alerts! Ouch! That’s gonna hurt your statistics man! |
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