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81  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 15, 2018, 09:19:03 PM
Can you explain what you mean consolidate, everyone keeps mentioning this, but I'm not understanding. Consolidating means to combine, what are people combining?
Happy to...  I am going to put this on the forum too - because it is an important concept.

When you transfer your currency, you need to pay a transaction fee to "grease" the process.  The higher the fee you pay per byte, the quicker miners will add your transaction into the next mining block.  If you have lots of small transactions, this can become a bit of a cost.  For that reason, it is best to consolidate your small transaction into a bigger one by transferring everything from your mining address into another address once a month or so. 

Unlike banking or credit card fees that are often a percent of the dollars you transfer, crypto currencies (including BitCoin) have a fee for the number of bytes you "send" to someone.  So if you are a miner, you will receive lots of small transactions - each of which are roughly 190 bytes if you pay someone with BTC.  So if you have 20 payments that you received for mining (it could be .0001 BTC or 1 BTC for each payment), it is roughly 3,800 bytes or a little under 4k of data.  When BitCoin is heavily in the news and the price is going up, it can cost $30 to $50 per kb to have a transaction complete in an hour or two.  So in this example, it could be $200 to send these 20 blocks to someone.  If you have a week or two to wait, you can probably get it to transfer for around $10 to $15 during these popular times.

In times when the hype is lower, you can get by with the minimum mining fee of .00001 BTC per KB, so it is a great time to turn those 20 blocks into 1.  To consolidate your mining, you create another receiving address in your wallet (usually simple by clicking the receive funds button and clicking on a button or link similar to "create a new address".  I usually name it consolidate1 (and I also have a consolidate2 that I alternate the payment to).  Then go to the send BTC button and paste in this new address.  Put in your total wallet value so that everything gets sent back to yourself.  Set the miner fee to the minimum and check the box to allow that fee to be changed at a later time (just in case it is too low and has not happened in a couple weeks).  Once the "payment" to yourself is made, that changes it from 20 transactions into a single one.

If you cannot set the fee directly to .00001 BTC per KB (the lowest value), there may be a configuration setting to use low mining fees.  I know that jaxx has this option - which still will cost more than .00001 BTC per KB, but it helps.  If your wallet does not have the ability to specify the miner fee, you should consider having your mining proceeds go to a different wallet that does.  I usually consolidate my rewards each month and once I get about .1 BTC, I transfer everything to my hardware wallet (again using the lowest miner fee).

Remember that you must not use automatic mining fees to get the best benefit - although even the automatic ones will be much lower now than when BitCoin is popular.  In order to know when is a good time to consolidate, you can setup a weekly email with a free account at minergain.com.  You can also check out the recommended miner fees at https://www.minergain.com/faq.html#btctxfees.
82  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 15, 2018, 07:18:52 PM
Was just going through my trezor wallet mining payments. I had my pool settings for .01 payouts, and have been paying an average of .002-.003 per payout. Multiply this by smaller, more often payouts from kano pool and this will be very significant. These are client side(yes you don't pay for the tx on the mining end but you do on the wallet side, and unavoidable as far as I know of.
You can get by with .00001 BTC per Kb for confirmation in a day or so.  to have it go in an hour, it would be .00003 BTC/Kb.  You can see real time prices at https://minergain.com/faq.html#btctxfees.  Remember that if your wallet gives you the option, YOU are in control of what you pay (and it remembers your last setting).  If you pay .1 BTC per KB, the miners will happily take it and you will never see a warning!  Make sure you have lots of leading zeros - and when consolidating, I always have 4 leading zeros.
83  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 15, 2018, 07:16:30 PM
Kano, what is the status on setting a minimum payout threshold?

I want to come back, but paying the fees for all those small transactions add up fast. Having a payout minimum setting would help the miners out a lot
Yes, lots of blocks can be a pain, but it also prevents theft like we saw at nicehash a month ago. If you plan properly and consolidate when the blockchain is low (like now), you can get 20 blocks consolidated for under a buck.  If you fail to plan and need a quick transfer when the BTC market is hot, you could pay close to $100 for those same 20 blocks.  I have my minergain blockchain alert setup and consolidate my blocks monthly when I get the email.
84  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 15, 2018, 07:06:42 PM
No. You can now send a transaction with a tiny fee coz blocks are rarely full.
See here for an idea of the fees: https://btc.com/
It will be reasonable low now, but if your wallet does not allow customization of the fee, it still may be a bit higher.  I use the bitcoin core wallet where you can pick the transactions to send, set the threshold to the minimum (especially these times) and set the ability to change your fee after the fact - in case you set it too low and have waited weeks already.
85  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 13, 2018, 06:53:12 PM
I calculated my 7 day CDT from block 516833 to block 517900 (6.7 days) to be 0.00008112 as opposed to 0.00006588 calculated at Minergain - maybe the numbers at Minergain are slightly off?
Remember that the CDT values are based on this exact minute, so if you check it right when a block is last found (give it a minute to get everything recalced), it should be much closer.  The more  minutes you get away from that, the more the value can change.  I also do have some caching going on which can cause minor differences (6 to 7 decimal places of resolution if I were to guess).

Maybe could change this to 0000 UTC (or daily) rather than have it calculate up to the minute?

I could - but to do that accurately, wouldn't I have to exclude today's blocks to actually have 7 days (and 30, etc)?  As it stands, for the 7 day one, I grab all blocks that have been found in the last 10,080 minutes (if my quick math is right).
86  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 13, 2018, 02:04:00 PM
I calculated my 7 day CDT from block 516833 to block 517900 (6.7 days) to be 0.00008112 as opposed to 0.00006588 calculated at Minergain - maybe the numbers at Minergain are slightly off?
Remember that the CDT values are based on this exact minute, so if you check it right when a block is last found (give it a minute to get everything recalced), it should be much closer.  The more  minutes you get away from that, the more the value can change.  I also do have some caching going on which can cause minor differences (6 to 7 decimal places of resolution if I were to guess).
87  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 13, 2018, 02:00:45 PM
Minergains numbers are often very wrong. I'm well aware of the website.
I still would love someone to review the numbers!!!  Par Avion, would you be willing to review my code / data - please???

One thing to note is that the Kano numbers are estimates until someone uploads their reward page which then makes them accurate (I think). I try to do it after the block, but it would be great if more people would do it so the numbers do not need to rely on me...  I was traveling last night, so just uploaded the last block - so was somewhat wrong all night...  Oh, and I get an email every time someone uploads their rewards page, so I know nobody else is doing it - yet!

I have also changed the rewards page so that you can get daily, weekly, monthly or yearly summaries with dollars based on when the blocks are found and dollars based on the current BTC price.  It also shares grand totals and dollars per day.
88  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 13, 2018, 01:56:58 PM
If anyone running 2 s9s wants to share some numbers for the past 30 days with me to compare with slush let me know. Kano pool had a banging march, and I'd like to compare that vs. the tortoise that is slush. 
minergain has historical stats on the home page for kano and slush.  multiply your hash rate times days by the CDT (Coin per Day per Th).
89  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 13, 2018, 01:53:40 PM
With a single machine there's about a $2.25 difference per week at the current BTC-USD rate. Maybe worth it if I get more machines running.

I ran it also if I ran it during the very expensive portion of the peak time and I would lose $.25 per week there. So, I could probably talk myself into giving the pool that hash and not stop it. But I'd still be saving using the peak/off-peak instead of just the straight cost.
I have no idea how to factor wear and tear of the miner, but it would seem that allowing the system to cool down then warm up every day may have an impact on the chips physically.  It may make them last longer or it may cause expansion / contraction issues over time.  Something to consider - but I have no knowledge which way is which.  Mine runs 24x7 and (knock wood) has not had an issue for 9 months now.
90  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 12, 2018, 08:09:01 PM
If you have a bunch of inputs from pool mining (doesn't have to be here), might as well merge them all together into one larger input with these fee rates, which are practically 0.   
To give you an idea, a couple months ago when activity was high, $100 for a dozen transactions sent within a few hours was commonplace.  If you had a single transaction, it would be 1/12th of that.  Right now you can send a dozen transactions for under a dollar most of the time.
91  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 12, 2018, 07:20:02 PM
KanoPool Block 517900 Found at 04/12/2018 07:17:46pm UTC 12.754863 value after 0.11583700 fee ($99,252 USD), 0.00009124 BTC/Th est payout, which took 16h:25m:28s to find with 54.81% diff with 1.92T Shares and pool hash 139.79PH/s
92  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 11, 2018, 08:25:36 PM
An aside: if you rent hash, point it here, and it causes problems because of the way the lessor set up the machine, who's responsible? NiceScam? No. The lessor? No. It falls on YOU. Not having full control of the hardware you're using is about as smart as not having full control of your wallet.
Mine on!!!
So even though I have my equipment in my facility, I still have questions if it is totally legit and correct (and if bitmain can still get their fingers at it through my firewall)... Obviously the firmware of these suckers is not easy to deal with.  My S9 has been mining for 9 months and still no block.  Not all that surprising given the difficulty, but makes a person wonder sometimes...
93  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 11, 2018, 08:22:03 PM
Did we have another outage?
I got a message from Nicehash again that my workers failed? (a.k.a. Switched back to kano)
Wouldn't it be a NiceScamCrash failure if they failed back to Kano? Huh
I am two pages behind, but I suspect nicehash was DutchLincoln's 3rd failover (Kano is the first 2).  When Kano fails, it goes to nicehash then when it comes back, he gets a failure notice from nicehash.  Out of curiosity, are you running residential or commercial internet?  If the connection blips, that could cause the bounce.
94  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 09, 2018, 01:27:23 PM
Huh... I must have gotten incredibly lucky on that last shift - a2sr6 daisy - 176TH/s as opposed to my average of 137TH/s shifts normally ...
Uh, oh... Spike for me too.
Although super minor, mine dropped from 13.65Th to 13.49Th average for the last block reward.  I had 3 drops in 2 shifts (I accidentally rebooted the wrong miner once but not sure of the other drops were).  In any case you would not think that 3 five minute outages would drop it that much.  The lowest my hash has been since I started was 13.57Th.  Not a biggy, but may help your investigation Kano.
95  Bitcoin / Pools / Re: [145+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 08, 2018, 06:51:49 PM
Thanx Kano!!! I was receiving alerts, saw the website was down, and instantly knew you'd be a busy fella.

Just a thought here about the new accounting page:

Is there any chance you could write a code/script that could, show the price of Bitcoin at the time of a reward payout? This feature
would certainly be helpful, for those of us who need to have a date with Uncle Sam! Ha!
minergain.com takes care of this automatically (in US dollars right now - if someone needs other currency, I can add that in an hour of programming).  Just do a file, save as of your rewards, upload that file to your minergain rewards section and the price of BTC when the block was found is assigned to the display below.  As I understand it, that is one way to report your cost basis.  Unfortunately I do not have the wallet transfers built in yet, so this method is only good for reporting based on when it is found for now.  Of course this can be used with any pool we are monitoring as well.  You can list your rewards by day, week, month or year.  You will have your accounting info done in about 2 minutes with this process!  PM me if you have any issues with the process.
96  Bitcoin / Pools / Re: [130+PH] KanoPool kano.is 7 BTC giveaway 🐈 US,NL,JP,NYA,DE,SG on: April 06, 2018, 12:08:22 PM
My biggest fear is somehow losing my coin through the process somehow... That would be devastating.
So you already have a payment address from some wallet on the kano pool?  If you do not have a payment address yet, then Kano will not be paying you until he gets some new "dust" coding complete (hopefully this year).  Your payments will continue to go to the previous wallet so you should not lose your BTC.  Once you get Core running, create a new receive address and change your account to use the new address.  You can also create a new receive address and transfer from your old wallet to the new one.  There are also ways to import private addresses (use your old address) into Bitcoin Core if you want to, but it is confusing plus it takes a couple more hours to scan the blockchain when you do it.
97  Bitcoin / Pools / Re: [110+PH] KanoPool kano.is 10 BTC giveaway 🐈 on: April 02, 2018, 08:47:57 PM
Ya I just scored another.  Somebody had like 40 of them @ no reserve.  Paid less than what bitmain sells them for so dude took a hit!  At the time that batch shipped they were TTM!
Be real careful when buying off of ebay.  There are a ton of scams out there - especially when they have multiple listings.  I almost pulled the trigger on 40 of them but the guy cooled off his communication when I asked for his contact information and proof of ownership / purchase from bitmain.  About 6 hours later I got an email from ebay saying that someone had hacked the seller's account.

Mine were also bought off of ebay, so there are reputable ones out there too. 
98  Bitcoin / Pools / Re: [110+PH] KanoPool kano.is 10 BTC giveaway 🐈 on: March 31, 2018, 08:49:29 PM
Yay another block from sidewinder!
KanoPool Block 516020 Found at 03/31/2018 08:47:05pm UTC 12.668547 value after 0.11505300 fee ($88,577 USD), 0.00011480 BTC/Th est payout, which took 17h:47m:25s to find with 47.53% diff with 1.65T Shares and pool hash 110.36PH/s
99  Bitcoin / Pools / Re: [95+PH] KanoPool kano.is 10 BTC giveaway 🐈 on: March 28, 2018, 07:58:37 PM
For Windows 10 Mobile there are similar applications?
If you find one, let me know... I feel your pain. Microsoft abandoned us. Cry
The minergain system just sends a text to ###@vtext.com (or whatever carrier you use).  There is a link to all the popular mobile carriers on the setup area.  Since it is just a text alert, it works on anything (and obviously just an email is also an option).  If you need help getting it setup, pm me or email me from the links on the site.
100  Bitcoin / Pools / Re: [95+PH] KanoPool kano.is 10 BTC giveaway 🐈 on: March 28, 2018, 03:59:00 PM
is there a way to be notified if your hash rate drops through Kano?
I think that third party sites like minergain.com or ckpool are the only way.  ckpool has you set a threshold for each miner and minergain has a percentage threshold and looks at the averages for 5 minute, hour and day.
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