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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 15, 2018, 07:01:22 AM
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KDB Restart at approx 03:25 UTC (when the charlotte shift summarises) in about 1.5 hrs
No mining will be affected
Minor update to add an Approximate 5Nd light green area on the Shift Graph from the right so people can see approximately where they are up to when starting mining or changing their hash rate.
so when the hashrate is completely over the green area means that you are in the 5ND?
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124
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Bitcoin / Pools / Re: Liquid Cooling
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on: July 12, 2018, 09:50:43 PM
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I am curious, does anyone use mineral oil or BitCool liquid to cool your miners. If so can you PM me. I have some questions. I am battling heat and without cutting holes into the building I am renting I need other solutions. Thanks in advance.
Jason Encoremining
I can help you with cooling calculations with ACs from experience with mining at home for a good period.
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125
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 12, 2018, 06:11:21 AM
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I think the main reason why big pools are getting bigger is that they are big.
And they once got big because they were the first ones - simple.
People (I know a few) are looking what pool to join, and people like frequent and "safe" payouts - so if anyone is mining at slush, they do too (because they feel safe).
Yep!!! That's what my tin-foil hat rant is all about. When people first start out, they assume that if everyone else is there, it must be good. More than likely, half of that pool, is people just "following along" because, they just don't do the research. Familiarity, is what gets the initial thought of joining the "big" Corporate pools, and that false sense of security is the push to join. What keeps them there, is the instant gratification of daily payouts. Smaller, daily payouts. I find it awfully ironic, that many Bitcoin Miners, personally choose to stay away from companies like Apple and Microsoft, because they dislike the Corporate shenanigans those companies are known for, so they often choose open source like Linux. Then they go and devote their shares into a Corporate Pool, and Trust they are being taken care of. Personally, I did months of reading, analyzing, and comparisons. Just not equipment, but more importantly, what pool to join. Here I Am, Rockin Like a Hurricane!!! Go Kano Pool, or Go Home!!!and the thing is that people need quick revenue. when joining this pool, they might have to wait many days to get some BTCs. while when connecting to other pools, they can immediately see blocks.
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126
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 10, 2018, 09:16:23 PM
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I've power enough in my shop to run a few miners. No direct Internet connection but there is a wifi hotspot my laptop/netbook can access. What I'm stuck on it how to add a switch or router to connect a couple miners.
Get a pi3 for like $55 (amazon.com) and bridge wifi to LAN. Connect a switch to the LAN port and there you go Google pi3 wifi to LAN and you will find a lot of tutorials. Edit: note that pi3 can't connect to 5g wifi
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127
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 10, 2018, 08:53:08 PM
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In reference to the whole Flush, oops, Slush debacle:
The only reason that Pool got sooo big, ultimately, is Familiarity. Far too many people buy equipment, THEN research what pool to join. They do a google search, and quickly identify Slush as " The World's First Bitcoin Mining Pool". Instantaneously they think, it has to be the best because, it's the first, and it's soo big. Slush must be Trustworthy.
After joining, the user is mesmerized by the sleek gui, and the instant gratification of a daily payout, which every online calculator makes them believe they must get. Most feel a sense of false security watching the blocks being found, one after another, not ever understanding or learning what really happens "behind the scenes" of that slick gui. To them, everything is simply "plug and play" and Slush is on call running the "boards".
It's at that point of blissful ignorance, that they are actually being taken advantage of, by a Corporate Committee. The users don't realize, Slush, is comparable to The Wizard of Oz. Sure, he did start a Cooperative Mining effort, and began laying the foundation for Pools, but he took the money and run, so to say. The reigns were handed over to a Committee. Slush went on to other areas, and focused his time on Hardware Wallets. He just gets Royalties for "his" name at this point. That Committee completely controls the pool, from behind the curtain of Slush's namesake.
Meanwhile, at Slushpool, the Committee focused on Growth. That's where things like Mass advertising, and a slick gui paid off in spades. Imagine if you will, how much money that Committee earns, from that 2% fee. That's surely going to motivate them, to keep the users coming to them. They completely understand, how advertising to the "instant gratification" miner works. That's why Slush is now advertised as "The World's First Bitcoin Mining Pool to Support Asicboost". They worked very closely with Halongmining, and their Marketing team, to ensure Slush would get the Lion's Share of DragonMint users. Hell, Halongmining doesn't even advertise the for pool they test their equipment on, and that pool operator wrote their software. They know users are Familiar with the name--Slush. They can appear to be Trustworthy to consumers, if Slush vouched for them. It's a Corporate Win/Win that made Millions of dollars.
All the while, users see the pool plow through blocks, and they get their daily payouts. However, are they getting their fair share??? Do they even notice, or suspect any foul play??? Do any of them question how Trustful, the "World's First" is??? Probably not, and that Corporate Committee understands that, as long as the user is receiving, what the online calculator tells them they SHOULD earn, nobody will bat an eye. Most of their users have very little knowledge, of what their equipment ACTUALLY does. They just buy it, hook it up, add Flush as their pool of choice and BOOM!!! They're the owner of a Magical Money Machine, just like the one they read about online.
Ignorance is Bliss!!!
that's the case of many other pools too
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129
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 10, 2018, 10:09:51 AM
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just pointed 8 S9s, waiting for my 5ND Should be close to six days even now on the 5nd MINE ON WITH KANO-SAN!is reaching the 5ND relative to the hashrate? Relative to the pool hash rate yes. The 5Nd is an amount of shares sent to the pool equivalent to 5 average 100% blocks of shares. If the pool hash rate hasn't changed (but it does all the time ) then the 5Nd on the Help->Payouts page should be close. If the pool doubled in size then it would take half as long to get to 5Nd If the pool halved in size then it would take twice as long to get to 5Nd When we find a block, your reward is based on how much of the last 5Nd of pool shares you submitted. So if you've only been mining for e.g. 4Nd then you'd get 4/5 of what your hash rate would expect. Same as if you stop mining, your shares last for 5Nd after you leave. It takes 5Nd to reward each share. If you didn't already, have a read of the Help->Payouts page. always great info here. not in any way complaining and anything else. I am aware of the payments, pool system.... so if one do have 14T and reach the 5ND, and later throw on top it 100T?
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130
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 10, 2018, 10:06:57 AM
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still unable to setup 2FA, no matter what I do! always giving invalid code
Use the apps suggested on the web site and make sure your device has the correct time to the second. You can check the time is correct on your device by just going to https://kano.is/In the bottom left is the correct current server UTC time. In the bottom right is the local time your device thinks it is. Check they have the same or very close MM:SS They are quite small so you'll have to expand them to read them. If they are more than a few seconds different then you will regularly have trouble using 2FA as it explains on the 2FA page. It they are out by 30 seconds then you wont be able to ever get it right. thanks. it works with freeOTP. was trying to use google authenticator
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133
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 09, 2018, 07:35:49 PM
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time. So it depends on factors that affect ROI:
1. Future technology mining roadmap e.g. introduction of 7nm 2. Bitcoin price outlook e.g. filing for Bitcoin ETF 3. Network difficulty
Any others?
wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!). after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla.... ..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion). Sounds like someone was lying to you. A miner uses less network in a day than watching a single video on youtube. Miner network per day: 18 SPM to node + tcp data reply from node Each share also has a reply from the node + tcp data reply to the node 2 work per minute from node + tcp data reply to the node 1 extra work per network block from node + tcp data reply to the node A share is about 190 bytes if the usename+worker is 17 bytes (so it can be a bit bigger or smaller dependsing on your username+workername) the tcp data reply is about 51 bytes The share reply is about 98 bytes with again a tcp reply of about 51 bytes. So total per share is about 390 bytes At 18 SPM that 18 * 60 * 24 per day = about 25920 shares per day. = about 10.1MBytes a day in sharesSecond is the work, data on one I jsut checked was 1317 bytes This cna vary a bit due to the number of transactions available - but we'll go with 1319 since it makes a nice round number the tcp data reply is again about 51 bytes. So total per work is about 1370 bytes You get 2 per minute plus one per block change = average about 2 * 60 * 24 per day + 144 blocks per day = about 2880 + 144 per day = under 4.2MBytes a day in workSo say about 15MB a day per miner ... not lying to me directly, I am aware about the miner's data usage, but that's the way it is. people at very high levels have something in mind...
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138
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 09, 2018, 01:37:28 PM
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How do you decide when is a good time to purchase miners? During a bear market like now would be a suitable time. So it depends on factors that affect ROI:
1. Future technology mining roadmap e.g. introduction of 7nm 2. Bitcoin price outlook e.g. filing for Bitcoin ETF 3. Network difficulty
Any others?
wish I can buy more nowadays since where I reside electricity is super cheap and some of the miners are setup at a factory with self generated energy who doesn't care about extra power consumption... however recently there has been a unannounced ban on miners with many being and confiscated at customs (a friend of mine lost 150 miners!). after investigating, we found out that the main reason was the internet provider issuing a official memo claiming that miners are disrupting their network bla bla.... ..back to the subject, new miners will be more expensive and most likely not that efficient or not with that big difference in hashing power. with cheap electricity I guess it might be safe to purchase few current gen miners (my opinion).
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Bitcoin / Pools / Re: [205+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG
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on: July 09, 2018, 12:11:20 PM
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was trying to check if I get a better ping on the servers, but, am not getting any ping however the miners are connecting to de.kano.is, is this normal?
The only ping am getting back is from kano.is, nya and jp
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