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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks  (Read 5349822 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (50 posts by 3+ users deleted.)
kano (OP)
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June 07, 2017, 11:43:20 AM
 #26381

I'm not sure what wallet you are using that would charge you to receive the payouts, but I suggest you change if that is the case.

The payouts I send are zero fee and I charge no fees to send the block payouts.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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ComputerGenie
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June 07, 2017, 11:45:04 AM
 #26382

...Is that one of the "core" wallets you were talking about?...
Core is a brand, like Ford, IBM, and/or Apple.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
scaary
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June 07, 2017, 12:37:59 PM
 #26383

I'm not sure what wallet you are using that would charge you to receive the payouts, but I suggest you change if that is the case.

The payouts I send are zero fee and I charge no fees to send the block payouts.

Mh, all right, if you say so I believe you and have another go at it. Maybe I simply misunderstood something in the wallet.

Thanks again for the answers.
kano (OP)
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June 07, 2017, 12:46:03 PM
 #26384

I'm not sure what wallet you are using that would charge you to receive the payouts, but I suggest you change if that is the case.

The payouts I send are zero fee and I charge no fees to send the block payouts.

Mh, all right, if you say so I believe you and have another go at it. Maybe I simply misunderstood something in the wallet.

Thanks again for the answers.
Be aware that the order you see them arrive in your wallet will not exactly match the block order.
When a bunch of payouts are confirmed at the same time (yeah like coconuts ... a bunch Smiley ) the order of that bunch will be random.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
madmartyk
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June 07, 2017, 12:59:08 PM
 #26385

I'm not sure what wallet you are using that would charge you to receive the payouts, but I suggest you change if that is the case.

The payouts I send are zero fee and I charge no fees to send the block payouts.

Mh, all right, if you say so I believe you and have another go at it. Maybe I simply misunderstood something in the wallet.

Thanks again for the answers.
Be aware that the order you see them arrive in your wallet will not exactly match the block order.
When a bunch of payouts are confirmed at the same time (yeah like coconuts ... a bunch Smiley ) the order of that bunch will be random.

Bunches are GOOD!!!!  Cheesy

clgrissom3
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June 07, 2017, 03:22:19 PM
 #26386

Block by blockmines with another 16+ fat one!  This is our 2nd of BLOCK WEDNESDAY!  Cheesy Cheesy
kano (OP)
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June 07, 2017, 03:36:46 PM
 #26387

Block by blockmines with another 16+ fat one!  This is our 2nd of BLOCK WEDNESDAY!  Cheesy Cheesy
S9v2
and 2 payouts Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
bronder
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June 07, 2017, 04:17:15 PM
 #26388

I'm looking to buy bitcoin (sold an old miner) thru something easy to use in my country like localbitcoin. However the rates there for buying are not good using paypal, they are better with other methods but it's hard to get my USD to those other methods.

Any advice? where to post this? or what exchange to use? send me direct messages if you with so we don't mess up this forum with non kanopool stuff.
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June 07, 2017, 04:22:47 PM
 #26389

Block by mits9 with 114TH/s!  Welcome to the Acclaim Board with your 1st Kano block!  Cheesy
S9v2
On the new node in Silicon Valley Smiley
Nice timing, the server's been mining for less than an hour Smiley

new pivot in "Silicon Valley":

Gilfoyle decides to mine bitcoin in the "server" room.
Dinesh finds out, rats Gilfoyle to Jared, who reports to Richard, of course, but Richard is unconcerned, apart from Core dev using spaces vs tabs (or vice versa)
In the end, Richard finds out that he could connect his mesh to btc mining machines instead of cellphones, but Big Head accidentally sits on a cup of coffee, spilling it over Richard's laptop with the the new code (unsaved).

EDIT: to those who did not see "Silicon Valley", all above would sound as gibberish.

Silicon Valley fan fiction, I'm down with that!

Datacenter Technician and Electrician.  If you have any questions feel free to ask me as I am generally bored looking at logs and happy to help during free time.
firetreeactual
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June 07, 2017, 05:24:59 PM
 #26390

I'm looking to buy bitcoin (sold an old miner) thru something easy to use in my country like localbitcoin. However the rates there for buying are not good using paypal, they are better with other methods but it's hard to get my USD to those other methods.

Any advice? where to post this? or what exchange to use? send me direct messages if you with so we don't mess up this forum with non kanopool stuff.
Sent you a PM.  Kiss

To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
madmartyk
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June 07, 2017, 05:42:31 PM
 #26391

Hi Kano, too lazy to look thru 1300+ pages, but does the blockfinder get a bonus?

kano (OP)
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June 07, 2017, 05:57:11 PM
 #26392

Hi Kano, too lazy to look thru 1300+ pages, but does the blockfinder get a bonus?
No.
All it does is increase variance.

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
The ONLY active original developer of cgminer. Original master git: https://github.com/kanoi/cgminer
madmartyk
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June 07, 2017, 06:07:05 PM
 #26393

Hi Kano, too lazy to look thru 1300+ pages, but does the blockfinder get a bonus?
No.
All it does is increase variance.

Thanks!!

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June 07, 2017, 06:11:54 PM
 #26394

Block by mits9 with 114TH/s!  Welcome to the Acclaim Board with your 1st Kano block!  Cheesy
S9v2
On the new node in Silicon Valley Smiley
Nice timing, the server's been mining for less than an hour Smiley

new pivot in "Silicon Valley":

Gilfoyle decides to mine bitcoin in the "server" room.
Dinesh finds out, rats Gilfoyle to Jared, who reports to Richard, of course, but Richard is unconcerned, apart from Core dev using spaces vs tabs (or vice versa)
In the end, Richard finds out that he could connect his mesh to btc mining machines instead of cellphones, but Big Head accidentally sits on a cup of coffee, spilling it over Richard's laptop with the the new code (unsaved).

EDIT: to those who did not see "Silicon Valley", all above would sound as gibberish.

Silicon Valley fan fiction, I'm down with that!

finally, a SV fan! i thought i would never find one here Grin
usukan
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June 07, 2017, 11:46:12 PM
Last edit: June 08, 2017, 12:47:27 AM by usukan
 #26395

anybody else noticed that a very large chunk of their mining rewards are being eaten up by fees when we try to spend them?

I'm averaging loosing about half my rewards in fees each time I transfer out - at low recommended fees on Mycelium (200-250 sat/B)


Installed Jaxx - same problem

Installed Electrum - yeah I can broadcast with lower fee - but its stuck now for 4 days with no chance (well yeah it was only 30 sat/B)


I've tried larger transactions - and small ones - end result is huge fees because of the large size (B) in each mining transaction.
Tried to use ViaBTC transaction accelerator - but its always full and not accepting any more transactions.

Is there any way around this?  Its actually not worth mining anymore unless I can get this solved.

Thanks

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ComputerGenie
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June 08, 2017, 12:18:00 AM
 #26396

anybody else noticed that a very large chunk of their mining rewards are being eaten up by fees when we try to spend them...at low recommended fees on Mycelium (200-250 sat/B)...Electrum - yeah I can broadcast with lower fee - but its stuck now for 4 days with no chance (well yeah it was only 30 sat/B)
...Is there any way around this?  Its actually not worth mining anymore unless I can get this solved.

Thanks
At the current averages, 201-240 sat/B is getting picked up in 1-16 blocks (we're getting to the point where it takes 400+ for "fast" transactions). Higher fees is the reason we're getting higher rewards. It's just all part and parcel of the whole mining gig. If fees go back down, so do our rewards.

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
usukan
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June 08, 2017, 12:33:41 AM
 #26397

anybody else noticed that a very large chunk of their mining rewards are being eaten up by fees when we try to spend them...at low recommended fees on Mycelium (200-250 sat/B)...Electrum - yeah I can broadcast with lower fee - but its stuck now for 4 days with no chance (well yeah it was only 30 sat/B)
...Is there any way around this?  Its actually not worth mining anymore unless I can get this solved.

Thanks
At the current averages, 201-240 sat/B is getting picked up in 1-16 blocks (we're getting to the point where it takes 400+ for "fast" transactions). Higher fees is the reason we're getting higher rewards. It's just all part and parcel of the whole mining gig. If fees go back down, so do our rewards.


The point is that mining rewards are very heavy (B) and draw proportionally very high fees.  No problems sending normal transcations for 200-400 sat/B because its still a reasonable fee.  

My main point is that loosing 50% of my rewards on fees is not acceptable. I'm certainly not getting double "rewards" as you tend to suggest.

I take it you can't help me solve this issue?  Its affecting a lot of miners - whats the solution?  Pay up or be damned for all eternity in the mempool - or live with an unspendable balance?

What do you do? -  what fee target do you spend your mining rewards with (200-250-300 etc sat/B)?  What % do you "lose" to fees?  Are you OK with that or would you like to improve it?

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June 08, 2017, 12:38:10 AM
 #26398

You can use the transaction accelerators offered by other pools (won't name them here, feel free to PM me if you want the links) which will cause them to prioritize your transaction. They only require a fee of 10 Satoshis per byte, so if you don't need funds urgently, you can consolidate with a low fee every so often,"accelerate" your TX and keep most of your rewards.

taking a break - expect delayed responses
usukan
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June 08, 2017, 12:44:28 AM
 #26399

You can use the transaction accelerators offered by other pools (won't name them here, feel free to PM me if you want the links) which will cause them to prioritize your transaction. They only require a fee of 10 Satoshis per byte, so if you don't need funds urgently, you can consolidate with a low fee every so often,"accelerate" your TX and keep most of your rewards.

Thanks DarkStar - I have PM'd you

Cheers - usukan

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June 08, 2017, 12:56:41 AM
 #26400

You can use the transaction accelerators offered by other pools (won't name them here, feel free to PM me if you want the links) which will cause them to prioritize your transaction. They only require a fee of 10 Satoshis per byte, so if you don't need funds urgently, you can consolidate with a low fee every so often,"accelerate" your TX and keep most of your rewards.

Thanks DarkStar - I have PM'd you

Cheers - usukan

I need to get on doing this as well. I have 15 btc worth of small mining rewards sitting in a wallet I haven't consolidated ever. Sad


Perhaps kano can start offering the priority transaction spots on the blocks we find. Would rather send him some the fee vs someone else.
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