It is official guys 2.258 blocks daily for this month! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) . Thank you all for the mining work you put in and of course many thanks to Master Kano for his awesome work!!! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Have you guys forgotten what happened the last time we had a buch of failovers? Embrace your wallets for another blockalanche!!! Lol ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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...So 13TH, what would you recommend on a metered 4G connection?
A real ISP. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) And a fiber optic one ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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See ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Even here I get different opinions! I also talked to the Ledger support and they told me it works just like any other wallet, that was why I had the funds sent there, but it sounds like they might not. Coinbase say's specifically to not have mining rewards sent to their address, at least somewhere it says it ( I found where, it is the ETHEREUM Wallet Address that say's "Warning: Do not send ETH mining rewards or ETC directly to this address") because when I first started I was going to use them and that is what prompted me to get the Ledger. So it looks like I could use Coinbase as the destination for the mining rewards from here. But for now I think for now I am going to use JAXX and see how that works as they support pretty much every currency and I have the keys to it and passphrase et cetera. I love hearing all the information on the subject guys, even if it confuses me more, still good stuff to know! To Exchange or not to Exchange, THAT is the question! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yes you are right about the warning sign sayning not to send Ethereum mining rewards to Coinbase wallet! I've seen it too but at the same time I've seen many people do it and gave it a shot. I set payout to 1 ether and since the beginning I've mined about 100 Coins and sold them right there to Coinbase without any problems.... It usually says that I'll receive the bank transfer in 5 days but I've noticed that I received them much earlier, in about 2 days I believe. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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It's ok to send it to an Exchange, well I'm my case it is Volabit ( not sure if it's considered an exchange). I just let the BTC accumulate there until I get like a 0.5 or 1 BTC and then I transfer them to the hardware wallet (if I don't sell them right there and then). I think it is completely fine just don't keep too much BTC there, I personally don't let it go over 1 BTC. For me Volabit works the best, I like the page layout, notifications and they charge me barely anything for pulling my BTC out. I've never had a problem with any of the transfers from them, and it Has been always very quick for me! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm a little confused, why don't you just have the mining rewards go straight to your hardware wallet? -Tamerz That is what we were talking about. I have, had, all my winnings for BTC going to my Ledger Nano S. After that I usually sent the BTC to the exchange, but my transaction fee kept going up. The last time I got $60 or so bucks in coins (4-5 payouts worth for me) I went to send it to the exchange and the Nano wanted over $15 to send $60 bucks worth of bitcoin! (And that was on the cheapest Low Priority one) So I did a custom one and selected 100 Satashoi's but that ended up beeing too low and no miner picked it up to confirm it so it was stuck. So I used a transaction accelerator and it worked. But ultimately the issue is, where to send mined rewards from here to that is the safest & cheapest to either keep or use on an exchange. He was asking why I don't have my rewards sent to my exchange and I was saying that everything I have read said not to have rewards sent to exchanges but to a wallet first, then to an exchange. Even the moderators at the exchange I use said to do it that way. So that is the issue ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Actually I've contacted the Ledger support after I wasn't receiving the withdrawal I did in over 24 hours and that's when they asked me if I had miner rewards sent to my address and I said yes so he explained to me that this was the reason for the amount of time it is taking and told me to have the miner rewards sent somewhere else before storing them in a hard wallet. I suggest you change your payout address as soon as possible because all of the 7 payouts that we are supposed to receive will still be sent to the old address you've had on Kano, even if you change it now the first reward that you will receive at your newly added address will be starting the next Block found. If you're in the U.S the Coinbase could work very well for you so open a wallet there and change your payout address to it and then you will have all the time you need to look for another wallet if you don't like Coinbase. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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It's ok to send it to an Exchange, well I'm my case it is Volabit ( not sure if it's considered an exchange). I just let the BTC accumulate there until I get like a 0.5 or 1 BTC and then I transfer them to the hardware wallet (if I don't sell them right there and then). I think it is completely fine just don't keep too much BTC there, I personally don't let it go over 1 BTC. For me Volabit works the best, I like the page layout, notifications and they charge me barely anything for pulling my BTC out. I've never had a problem with any of the transfers from them, and it Has been always very quick for me! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm a little confused, why don't you just have the mining rewards go straight to your hardware wallet? -Tamerz Few reasons: 1. I like to keep track of all my BTC and Ether on my Ipad and I hate having to use laptop when using Ledger. 2. I like to get notified every time I get a reward so that I know when and for what Block I got payed. 3. I don't make nearly enough BTC to make me use the Ledger and when I get my rewards I sell them on Volabit and Coinbase at the end of the month to be able pay for some bills like electricity and CC debt that I'm sure most of us have. 4. The Ledger support told me not to send mining rewards directly to the hardware wallet. But If I was a partner of BlockMines, I'm sure I would be using a hard wallet and not one! Lol ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Can anyone answer a couple of questions for me? I have my payments from here sent to my Ledger Nano S and then I send those funds to the exchange I use. The transaction fee continues to grow every time I send funds from my nano to the exchange. For a 60 dollar transaction it is up to almost 15 bucks to send to the exchange. Why is that transaction fee continuing to grow every time I send funds to the exchange?
The other question is, what happens if I select a custom transaction fee and I send it with the minimum satochies (however you spell them)? I tried it and set it at the minimum, which was 100. What happens if I get no confirmations on that transaction? Does it eventually come back to my Nano S?
Thanks!
And grats on all the blocks!
It's because the transaction fee is denominated in btc/kb and btc price has been going up. The reason is your $60 is made up of many small transactions which take up more byes. I would just have the funds sent directly from Kano to the exchange, that way the TX fees are the exchange's problem - and most charge only one small fee to send. I.E. btc-e charges 0.001 (~$2) for withdrawals. So anyone earning small payouts could just direct all the payouts to their btc-e account and then withdraw in one lump payment from btc-e for $2. Or alternatively if you don't need the coins just let them keep building up until either there are very few transactions in the pool (and you can send them with a very low transaction fee) or until something is decided about increasing block size / segwit at which time transaction fees will probably go down. I thought about having them sent to the Exchange, but everything I have read and people I have talked to have said not to do that so I haven't done that. It's ok to send it to an Exchange, well I'm my case it is Volabit ( not sure if it's considered an exchange). I just let the BTC accumulate there until I get like a 0.5 or 1 BTC and then I transfer them to the hardware wallet (if I don't sell them right there and then). I think it is completely fine just don't keep too much BTC there, I personally don't let it go over 1 BTC. For me Volabit works the best, I like the page layout, notifications and they charge me barely anything for pulling my BTC out. I've never had a problem with any of the transfers from them, and it Has been always very quick for me! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Can anyone answer a couple of questions for me? I have my payments from here sent to my Ledger Nano S and then I send those funds to the exchange I use. The transaction fee continues to grow every time I send funds from my nano to the exchange. For a 60 dollar transaction it is up to almost 15 bucks to send to the exchange. Why is that transaction fee continuing to grow every time I send funds to the exchange?
The other question is, what happens if I select a custom transaction fee and I send it with the minimum satochies (however you spell them)? I tried it and set it at the minimum, which was 100. What happens if I get no confirmations on that transaction? Does it eventually come back to my Nano S?
Thanks!
And grats on all the blocks!
I have a ledger nano S wallet but they told me not to send mined BTC directly to the wallet and they suggested to me that I have the rewards sent somewhere else first and then transfer them to the hard wallet. I have never had a stuck transaction from the ledger wallet because I always used the max amount of payment for the transaction (although it took more than 24 hours to receive one time). But I did have a stuck transaction using CoinSpace wallet before and I used this https://www.viabtc.com/tools/txaccelerator/. To accelerate it because I wasn't even getting any confirmation, not one! And it worked for me! My transaction was finally picked up and I started to get confirmation! I hope that helps.... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That worked! I got it in right at the hour change and within 20 minutes it went through! What the accelerator? Glad it helped! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Sigh - passthru at stratum.kano.is just dropped off the network yet again (03:00 UTC) for about 1 minute this time so everyone on there almost certainly failed over (and back) No nodes affected. Still trying to find a cause of it, but it's looking the same: something in LA causing random very short network dropouts (since it also affects the whitelisted LA node) Hash rate is heading back up again.
Don't worry just means another block real soon. Hahaha seems like it don't it? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Can anyone answer a couple of questions for me? I have my payments from here sent to my Ledger Nano S and then I send those funds to the exchange I use. The transaction fee continues to grow every time I send funds from my nano to the exchange. For a 60 dollar transaction it is up to almost 15 bucks to send to the exchange. Why is that transaction fee continuing to grow every time I send funds to the exchange?
The other question is, what happens if I select a custom transaction fee and I send it with the minimum satochies (however you spell them)? I tried it and set it at the minimum, which was 100. What happens if I get no confirmations on that transaction? Does it eventually come back to my Nano S?
Thanks!
And grats on all the blocks!
I have a ledger nano S wallet but they told me not to send mined BTC directly to the wallet and they suggested to me that I have the rewards sent somewhere else first and then transfer them to the hard wallet. I have never had a stuck transaction from the ledger wallet because I always used the max amount of payment for the transaction (although it took more than 24 hours to receive one time). But I did have a stuck transaction using CoinSpace wallet before and I used this https://www.viabtc.com/tools/txaccelerator/. To accelerate it because I wasn't even getting any confirmation, not one! And it worked for me! My transaction was finally picked up and I started to get confirmation! I hope that helps.... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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The pool has been failing over a lot lately, Many dropped connections ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif) , sadly these S9's fail to handle failover properly Indeed! A bunch of my miners just started to beep like 7 minutes ago and haven't recuperated yet! ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) All back up and running! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Block! by blockmines ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 15.5BTC S9v2 Sweet sweet sweet! Just 3 more blocks and we got our 2 per day this month Kano! And we still have like 3 days to make it happen! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Well if you look at the "Monthly Statistics" it says if we are ahead of behind based on the month's blocks found vs shares submitted. At the moment it's 59 Blocks with 58.87 Expected - which means we are just a fraction ahead of expected (thanks to those last 2 quick ones) That's the target of this growth - get us closer to the expected 100% Yeah it's awesome to get months like Feb and Apr, but it also means months like Dec are more likely also ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Higher hash rate means less variance ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You mean last 3 quick ones! Lol ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Ok I'll do the honor. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) BLOCK by blockmines (third in a row) With 15.3 BTC ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Block! by blockmines ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 15.5BTC S9v2 Sweet sweet sweet! Just 3 more blocks and we got our 2 per day this month Kano! And we still have like 3 days to make it happen! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Another failover at 20:34 UTC, this time it seems it was a general everyone affected, but again a failover then a failback pretty quickly. Seems to be some network issues on the west coast US, but since each time it has been so quick there's nothing showing up at the provider.
I think 2 of my s7's started to beep and I though something was wrong with them so I just restarted ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Nice good fatty that last one! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Are you guys seeing what's going on with all of the cryptocurrency! It is dropping catastrophically!!! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) . I'm hoping that the BTC won't go lower than $1500!? That's what is known as a "Market Correction". What are your predictions? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I got about 1 BTC right now and wondering if I should sell it or wait. too late to sell wait for bounce back to 2400 sell ½ then Yes, that's what I'm planning to do thanks! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Are you guys seeing what's going on with all of the cryptocurrency! It is dropping catastrophically!!! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) . I'm hoping that the BTC won't go lower than $1500!? That's what is known as a "Market Correction". What are your predictions? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I got about 1 BTC right now and wondering if I should sell it or wait. I had 1.4, I sold mine. I am back down to 14 bucks (from my measly PASC miners) and whatever coins I get from Kano's pool when we get another block. But I will just grow it back up. I need a new Refrigerator so selling at 2400 was a good deal for me. It was hard not to sell last night but I didn't! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . I think I'll wait for bubble to inflate again! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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What are your predictions? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Given the quite public turmoil of debates over segwit and the potential to turn BTC into the next ETC, I'm still not seeing why it ever went over $1,200 to begin with (I have my own non-provable conspiracy-theories that involve segwit fanboys intentionally pumping the price, in order to force transactions and clog the mempool, with the long con being to persuade more people that we "need" segwit, but I'll not clog the pool thread with all that). I see! Thanks!
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