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Author Topic: [25+PH] KanoPool kano.is NO FEE TIL 2018 PPLNS US,DE,SG,JP,NL,NYA 🐈  (Read 4949293 times)
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MikeWazowski
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October 16, 2017, 08:09:31 PM
 #29381

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
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kano
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October 16, 2017, 08:29:15 PM
 #29382

...
Thanks for such  detailed answer.
BTW, sorry if this question was asked - what fork do you consider as legit bitcoin - segwit 2x or bitcoin core  ?
Regards

Reply just above yours ...
https://bitcointalk.org/index.php?topic=789369.msg23074074#msg23074074

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
wmabern
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October 16, 2017, 08:29:24 PM
 #29383

Block! by COrig2016 Smiley
13.5 BTC Smiley

You know, before I was mining here, I thought it was kind of silly the way everyone reacted when a block was found.
Now however, it's WOOOO  HOOOOO!  Another one! Smiley
I get it!

Smiley

M

SILLY??? It's tradition on the pool to celebrate any and all blocks!  Shocked Cool Maybe that's why the Block Gods and Goddesses usually smile on us Kanoians!  (NO Offense intended, of course!  Grin

MINE ON!!  Cool Cool Cool Cool

COMEONBLOCKSSSSSSSSSSSSSSSSSSSSSSS!!!!!!!!!!!!!!! (GREEN ONES!!!!)  Shocked Cheesy Roll Eyes Cool Cheesy Grin Wink Cool Shocked Roll Eyes Tongue Wink Grin Grin

Edit: This great cool weather in the North Carolina mountains have allowed me to bump up my MHz on most of my miners. Running Cool!! Cant wait until the cold temps arrive in earnest!  Grin Grin

BITMIXER.IO Gone Baby, Gone.. ;-)
Not any good sig campaigns out there that I want!
firetreeactual
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October 16, 2017, 09:46:53 PM
 #29384

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

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)
NomadGroup
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October 16, 2017, 10:57:39 PM
 #29385

Crap!  The stupid internet technicians were fixing my neighbors phone line and broke my fiber optic cable and just left!!!  I was off line for like 4 hours until they came back and fixed it.  That’s going to hurt my statistics!  Cry
kano
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October 16, 2017, 11:57:19 PM
 #29386

...
Anyone use, its more then direct from Bitmain but looks to be in stock

...


Lots of red flags with that site. They have no real reviews and the ones that are there all seem fake and to good for a place thats only been around for about a month and not shut down yet.   

Even at them super high prices there are very few legit places that sell new bitmain products other then bitmain. 
OK - someone needs to find me a link that says they are NOT a scam ... and not PM.
If I don't get a reply on here soon I'll delete all posts that include that site ... and this post of mine also.
The only info I can find says it was a scam 9 months ago and got closed down ... yet it's alive again now for some unknown reason.
OK - posts all deleted - in case anyone was wondering why.
Since this thread has the most posts and one of the top views on the forum, I prefer that link to not be in it anywhere.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
kano
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October 17, 2017, 12:02:19 AM
 #29387

Crap!  The stupid internet technicians were fixing my neighbors phone line and broke my fiber optic cable and just left!!!  I was off line for like 4 hours until they came back and fixed it.  That’s going to hurt my statistics!  Cry
Well ... it shouldn't hurt them that much.
It's 4 hours of no shares sent to the pool - that will be spread out over (reduced from) your rewards for the next 3 and a bit days, roughly equivalent to ... 4 hours of (no) mining.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
MikeWazowski
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October 17, 2017, 12:05:32 AM
 #29388

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?
AriesIV10
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October 17, 2017, 12:27:30 AM
 #29389

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.

BTC Address (Donations):  15FdU43k72iLmqRR4EPhkZYokq3dTVJM3g     Website:  www.MintMining.com
Mining Investing: www.MintMining.com                                                 Email: Mining@MintMining.com
MikeWazowski
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October 17, 2017, 12:37:40 AM
 #29390

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.
does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?
AriesIV10
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October 17, 2017, 12:47:01 AM
 #29391

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.
does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?

I have been using this wallet for a few of my accounts of all sizes of constant payments over the years with no problems. 

BTC Address (Donations):  15FdU43k72iLmqRR4EPhkZYokq3dTVJM3g     Website:  www.MintMining.com
Mining Investing: www.MintMining.com                                                 Email: Mining@MintMining.com
MikeWazowski
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October 17, 2017, 12:57:07 AM
 #29392

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.
does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?

I have been using this wallet for a few of my accounts of all sizes of constant payments over the years with no problems.  

For example, if you received 20 $1 deposits into your wallet and then went to spend $15, it would require 15 inputs of $1 each. Each input increases the data requirements of your transaction and therefore the fees required to spend the funds. If you received 2 $10 deposits into your wallet instead, it would only require 2 inputs to spend your funds and would therefore be much cheaper.
Note that due to the rising costs of bitcoin mining fees, it may cost more to include an input than the value of the input itself. For example, if you received a $0.10 deposit into your wallet, but it costs $0.25 to include that deposit in an outgoing spend, then the $0.10 deposit becomes un-spendable since it costs too much to include in an outgoing transaction.
Users experiencing large fees have usually received many small deposits into their wallet of usually less than a few US dollars worth. This is common with some mining pool payouts. We suggesting switching to a service that aggregates transactions into a single large transaction that encompasses a longer period of time.

How does the kano mining pool avoid this? because we get paid in small amounts more frequently? is there a wallet or a way of totalling up my rewards/payments in my kano profile and then just make one payment at the end of the month to my wallet instead of the small $ automatic payments happening? can this be done? what are the rest of you guys doing, as I'm sure you have all experienced this? unless it's just me  Grin
beltsniffer
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October 17, 2017, 01:03:26 AM
 #29393

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.
does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?
First rule, if you don't control you private keys then someone else has control of your coins. Online wallets can and have been hacked.
If you can't use bitcoin core, because of the space requirements then try Electrum.

Second, when consolidating many small amounts in 1 larger one then you will pay fees. No way around it. But if you pick a time when the network is slower and the mempool is small, you can get you consolidation through for less. I try to not let my smaller amounts build up to more than 10 or 15 mining rewards before consolidating. You can check the current recommended transactions fee per byte here https://bitcoinfees.21.co/
MikeWazowski
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October 17, 2017, 01:11:47 AM
 #29394

Hi guys,

so ive been using exodus as my deposit address. i just logged in and got a pop up saying that i will be paying huge fees if i continue to deposit small amounts.

What wallet can i use to prevent this? or can i change my minimum payout amount in my kano profile?

Anyone else experienced the same situation?

Thanks for the help
Only use Bitcoin Core.

i need 150 gb free space on my harddrive for this??  Shocked

why bitcoin core?
is there no other wallet?


Can someone please help me out here.. Exodus pretty much saying im going to be paying $39 in transaction fees.

what wallet can i use to prevent this?

A very secure wallet with ease of use is Airbitz.  They also have great customer service.
does it solve the problem of no or low deposit transaction fees regarding many small constant payments when we get paid for a block maturing?
First rule, if you don't control you private keys then someone else has control of your coins. Online wallets can and have been hacked.
If you can't use bitcoin core, because of the space requirements then try Electrum.

Second, when consolidating many small amounts in 1 larger one then you will pay fees. No way around it. But if you pick a time when the network is slower and the mempool is small, you can get you consolidation through for less. I try to not let my smaller amounts build up to more than 10 or 15 mining rewards before consolidating. You can check the current recommended transactions fee per byte here https://bitcoinfees.21.co/

ok, so bitcoin core is the way to go because it is the most secure? - does it have lower fees too?
So, how do you go about building your mining rewards up to about 10-15 on your profile before consolidating one larger payment to your wallet address?
kano
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October 17, 2017, 01:23:41 AM
 #29395

People ... smaller posts please ... rather than a page full of long posts of the same thing over and over and over and over Smiley

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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October 17, 2017, 01:49:21 AM
 #29396

<monster snip>
ok, so bitcoin core is the way to go because it is the most secure? - does it have lower fees too?
So, how do you go about building your mining rewards up to about 10-15 on your profile before consolidating one larger payment to your wallet address?
The amount of the fees needed to ensure a speedy tx does not change.
Not talking about the mining rewards collecting on Kano itself to be paid out later, they are talking about letting many reward payments collect in a wallet before moving them en-mass to be consolidated into another one. eg I sweep my reward payment wallet into a holding wallet once a month.

-Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats http://bit.ly/1Qjt6lj
-For bitcoin to succeed the community must police itself.
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
beltsniffer
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October 17, 2017, 01:52:00 AM
 #29397

ok, so bitcoin core is the way to go because it is the most secure? - does it have lower fees too?
So, how do you go about building your mining rewards up to about 10-15 on your profile before consolidating one larger payment to your wallet address?
Electrum is secure. It just is only a wallet.
You cannot, as yet, build up your mining rewards in your Kano.is user account. I send my mining rewards to one btc address, when they get to be 10-15 rewards I send them to a second address. I let those build up to about 1 btc or so, and then I send them to a different address or to coinbase or cex.io to sell.
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October 17, 2017, 01:57:46 AM
 #29398

ok, so bitcoin core is the way to go because it is the most secure? - does it have lower fees too?
So, how do you go about building your mining rewards up to about 10-15 on your profile before consolidating one larger payment to your wallet address?
Electrum is secure. It just is only a wallet.
You cannot, as yet, build up your mining rewards in your Kano.is user account. I send my mining rewards to one btc address, when they get to be 10-15 rewards I send them to a second address. I let those build up to about 1 btc or so, and then I send them to a different address or to coinbase or cex.io to sell.
oh okay, i see now. this was really informative, thanks to all for the help guys.  Smiley
so i should just stick with sending my mining rewards to my exodus wallet then?

p.s. apologies for all the long posts Kano. my bad  Smiley still very new to this and to the bitcoin forum. but learning (and enjoying it here)
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October 17, 2017, 02:09:03 AM
 #29399

oh okay, i see now. this was really informative, thanks to all for the help guys.  Smiley
so i should just stick with sending my mining rewards to my exodus wallet then?

p.s. apologies for all the long posts Kano. my bad  Smiley still very new to this and to the bitcoin forum. but learning (and enjoying it here)

I don't know anything about exodus. But as long as you control your keys, then yes.
The biggest thing to keeping transaction fees low, is the timing of your transaction. Check the site I mentioned previously and gauge when you get can get a smaller transaction fee. Right now you could get one through fairly quickly with 15-25 sats/byte if you had done it yesterday when we were hitting the blocks with lots of mining fees you would have had to put out 200-250 sats/byte to get it through quickly.
kano
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October 17, 2017, 02:27:32 AM
 #29400

oh okay, i see now. this was really informative, thanks to all for the help guys.  Smiley
so i should just stick with sending my mining rewards to my exodus wallet then?

p.s. apologies for all the long posts Kano. my bad  Smiley still very new to this and to the bitcoin forum. but learning (and enjoying it here)

I don't know anything about exodus. But as long as you control your keys, then yes.
The biggest thing to keeping transaction fees low, is the timing of your transaction. Check the site I mentioned previously and gauge when you get can get a smaller transaction fee. Right now you could get one through fairly quickly with 15-25 sats/byte if you had done it yesterday when we were hitting the blocks with lots of mining fees you would have had to put out 200-250 sats/byte to get it through quickly.
Yeah the easiest way to get some idea of it, is to go to any of the block listing sites and see the fees on the last 10-50 blocks.
It it's averaging 13.5+ then yaw up for some higher fees if you need to transact.
If it's averaging anything above 14+ then your out of luck and will need to pay very high fees.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
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