KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks

[rifleman74]

Liking this getting just about 1% of a bitcoin with each block.  Let's make this month great again!

[1715446631]

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[wavelengthsf]

So much fun getting that notification that a block was found! Let's keep cracking those hashes. (And like VRobb, hopefully one day I'll see me on that acclaim board.)

[Kenni]

First post but been mining on Kano since early 2016 ever since i starting cryptocurrency.  Through the many ups and not so many downs (hopefully), i shall sticking with this pool until my hardware dies.  Big thanks to Kano for the detailed infos. Respect!

[Sosoft]

Keep seeing post about people wanting S9s. If you pay 30% more for your miner than you need to run it 30% longer to pay for it right? If you have to take another month or more to pay for it why bother? They will be for sale again before that. And don't think for a minute that 3rd party dealers are selling you miners they have already. They have some that are going to come in the future then they will ship them to you. You will be waiting anyway.
No one is going to sell these things without massive mark up.

[Dr0n3]

the daily average for the last 3 or so months which is ~0.000251 BTC/TH/day.

.00028838 BTC /day /TH

Are these #s a pretty accurate expectation? Obviously the last 3 months were pretty brutal luck-wise from the stats, but those are still strong payouts per TH/day. If luck comes back to "normal" then these payouts could be even better.

The 8 day ramp up causes me some concern, but I think I'm going to switch my miners over and go with Kano for the long-haul (after the fork, don't want to lose that extra free b2x waiting on the ramp-up would cost me), that payout per TH/day is crushing what I'm currently making and that's with "bad" luck!

[mdude77]

the daily average for the last 3 or so months which is ~0.000251 BTC/TH/day.

.00028838 BTC /day /TH

Are these #s a pretty accurate expectation? Obviously the last 3 months were pretty brutal luck-wise from the stats, but those are still strong payouts per TH/day. If luck comes back to "normal" then these payouts could be even better.

The 8 day ramp up causes me some concern, but I think I'm going to switch my miners over and go with Kano for the long-haul, that payout per TH/day is crushing what I'm currently making and that's with "bad" luck!

Luck is no longer negative here for November.

https://www.kano.is/index.php?k=pblocks

As of now at 8 blocks out of 7.41 expected for the month.

Just remember, luck is luck is luck is luck.  Variance is still true, and long blocks will still happen here.

M

[Sp3cul8r]

the daily average for the last 3 or so months which is ~0.000251 BTC/TH/day.

.00028838 BTC /day /TH

Are these #s a pretty accurate expectation? Obviously the last 3 months were pretty brutal luck-wise from the stats, but those are still strong payouts per TH/day. If luck comes back to "normal" then these payouts could be even better.

The 8 day ramp up causes me some concern, but I think I'm going to switch my miners over and go with Kano for the long-haul (after the fork, don't want to lose that extra free b2x waiting on the ramp-up would cost me), that payout per TH/day is crushing what I'm currently making and that's with "bad" luck!

I just switched over yesterday.  Yes, the 8 day ramp is kinda painful and I don't fully understand why it is necessary?  I'm willing to stick it out because small pool mining seems like much more fun, but maybe someone could explain the rationale for the 8 day ramp a little better?

[mdude77]

I just switched over yesterday.  Yes, the 8 day ramp is kinda painful and I don't fully understand why it is necessary?  I'm willing to stick it out because small pool mining seems like much more fun, but maybe someone could explain the rationale for the 8 day ramp a little better?

The "ramp" time varies based on difficulty and pool hash rate.  Right now it's pretty large.

The advantages, once you get ramped up, is that you are sort of "invested", for lack of a better word.  What I mean is, let's say you have a power outage, and during that time when your miners are offline, the pool finds a block.  During that time you are "ramping down", however you will still get a credit for your 5N portion of the block.

That also means if/when you leave the pool, you experience the 5N ramp down period, so you get (proportional) credits for any blocks during that time.

M

[freegeek]

Wamba Jamba freegeek!  Congrats on making it on the Acclaim Board with your first block for KanoPool.  
Damn, wish I'd crack one already!  

my first one! I hope many will follow!!!!

[Sp3cul8r]

I just switched over yesterday.  Yes, the 8 day ramp is kinda painful and I don't fully understand why it is necessary?  I'm willing to stick it out because small pool mining seems like much more fun, but maybe someone could explain the rationale for the 8 day ramp a little better?

The "ramp" time varies based on difficulty and pool hash rate.  Right now it's pretty large.

The advantages, once you get ramped up, is that you are sort of "invested", for lack of a better word.  What I mean is, let's say you have a power outage, and during that time when your miners are offline, the pool finds a block.  During that time you are "ramping down", however you will still get a credit for your 5N portion of the block.

That also means if/when you leave the pool, you experience the 5N ramp down period, so you get (proportional) credits for any blocks during that time.

M

Thanks Mdude77. That helps.

[kano]

I just switched over yesterday.  Yes, the 8 day ramp is kinda painful and I don't fully understand why it is necessary?  I'm willing to stick it out because small pool mining seems like much more fun, but maybe someone could explain the rationale for the 8 day ramp a little better?

The "ramp" time varies based on difficulty and pool hash rate.  Right now it's pretty large.

The advantages, once you get ramped up, is that you are sort of "invested", for lack of a better word.  What I mean is, let's say you have a power outage, and during that time when your miners are offline, the pool finds a block.  During that time you are "ramping down", however you will still get a credit for your 5N portion of the block.

That also means if/when you leave the pool, you experience the 5N ramp down period, so you get (proportional) credits for any blocks during that time.

M

Thanks Mdude77. That helps.

This explains it:
https://bitcointalk.org/index.php?topic=789369.msg22415230#msg22415230

So there's no lock in, or lost rewards, just a delay now, not a delay until you leave.

[MinerSRQ]

I know this is taboo, but I love this community (Kano, his pool, and this forum)...  is there something similar for other coins?   

I Just received D3 and would love to find a thread that's this cool as it relates to all things Dash and/or the best Dash pool but there's so much garbage on the alt threads.

Sorry if this is forbidden. 

[kano]

I know this is taboo, but I love this community (Kano, his pool, and this forum)...  is there something similar for other coins?   

I Just received D3 and would love to find a thread that's this cool as it relates to all things Dash and/or the best Dash pool but there's so much garbage on the alt threads.

Sorry if this is forbidden. 

Yep taboo
Any replies need to be PM.
No more comments

[NomadGroup]

Wamba Jamba freegeek!  Congrats on making it on the Acclaim Board with your first block for KanoPool.  
Damn, wish I'd crack one already!  

my first one! I hope many will follow!!!!

Yes, awesome work freegeek!  Nice to wake up to a new block and the fattest 3 payouts that I’ve ever got from this pool, thanks to Dr. Kano! 

[Free_Money]

I am trying to change wallets from GreenAddress to Trezor. I have updated the miner with the new BTC address and am now ready to transfer my BTC funds from GreenAddress to Trezor. When I started the process I was shocked to see a .01675051 Transaction Fee to transfer only .10899048 BTC.

I found this thread on the subject https://bitcointalk.org/index.php?topic=1476536.0;all which basically says auto calculated fees are a joke on GreenAddress and to chose my own fees.  I found that fees are based on transaction size but I am unsure how to find the size of the transaction.

So now is where I need smarter peoples help.

I am in no hurry, however I would like the transfer to be completed before the upcoming fork, so I am cool with a slowerish confirmation time. If I choose 0 for the fee on GreenAddress it gives a warning stating the fee rate is too low and the minimum rate was used of .00001 BTC which makes my total fee .000084360 BTC

Is this a good fee size? Will a fee of this size get my transaction processed? If so what would be an expected turn around time for confirmations?

As my status says I am a newbie so please go easy on me with replies.

[mdude77]

I am trying to change wallets from GreenAddress to Trezor. I have updated the miner with the new BTC address and am now ready to transfer my BTC funds from GreenAddress to Trezor. When I started the process I was shocked to see a .01675051 Transaction Fee to transfer only .10899048 BTC.

I found this thread on the subject https://bitcointalk.org/index.php?topic=1476536.0;all which basically says auto calculated fees are a joke on GreenAddress and to chose my own fees.  I found that fees are based on transaction size but I am unsure how to find the size of the transaction.

So now is where I need smarter peoples help.

I am in no hurry, however I would like the transfer to be completed before the upcoming fork, so I am cool with a slowerish confirmation time. If I choose 0 for the fee on GreenAddress it gives a warning stating the fee rate is too low and the minimum rate was used of .00001 BTC which makes my total fee .000084360 BTC

Is this a good fee size? Will a fee of this size get my transaction processed? If so what would be an expected turn around time for confirmations?

As my status says I am a newbie so please go easy on me with replies.

I think anything is possible with a low transaction fee.  It could be snatched up in a block right away.  Or it could be a few weeks.

M

[Sp3cul8r]

I am trying to change wallets from GreenAddress to Trezor. I have updated the miner with the new BTC address and am now ready to transfer my BTC funds from GreenAddress to Trezor. When I started the process I was shocked to see a .01675051 Transaction Fee to transfer only .10899048 BTC.

I found this thread on the subject https://bitcointalk.org/index.php?topic=1476536.0;all which basically says auto calculated fees are a joke on GreenAddress and to chose my own fees.  I found that fees are based on transaction size but I am unsure how to find the size of the transaction.

So now is where I need smarter peoples help.

I am in no hurry, however I would like the transfer to be completed before the upcoming fork, so I am cool with a slowerish confirmation time. If I choose 0 for the fee on GreenAddress it gives a warning stating the fee rate is too low and the minimum rate was used of .00001 BTC which makes my total fee .000084360 BTC

Is this a good fee size? Will a fee of this size get my transaction processed? If so what would be an expected turn around time for confirmations?

As my status says I am a newbie so please go easy on me with replies.

Alan Silbert on Twitter has done experimental transfers and transactions as low as 4 satoshis (0.00000004 BTC).  It will get processed, but it might take longer.... you've got plenty of time between now and the fork though.

[kano]

I am trying to change wallets from GreenAddress to Trezor. I have updated the miner with the new BTC address and am now ready to transfer my BTC funds from GreenAddress to Trezor. When I started the process I was shocked to see a .01675051 Transaction Fee to transfer only .10899048 BTC.

I found this thread on the subject https://bitcointalk.org/index.php?topic=1476536.0;all which basically says auto calculated fees are a joke on GreenAddress and to chose my own fees.  I found that fees are based on transaction size but I am unsure how to find the size of the transaction.

So now is where I need smarter peoples help.

I am in no hurry, however I would like the transfer to be completed before the upcoming fork, so I am cool with a slowerish confirmation time. If I choose 0 for the fee on GreenAddress it gives a warning stating the fee rate is too low and the minimum rate was used of .00001 BTC which makes my total fee .000084360 BTC

Is this a good fee size? Will a fee of this size get my transaction processed? If so what would be an expected turn around time for confirmations?

As my status says I am a newbie so please go easy on me with replies.

The important point is the size of the transaction.
The number of inputs decides that.
You can check your addresses on blocktrail.com to see how many unspent inputs each address has that you are consolidating

To get the idea of the size of a transaction, simply look at any recent block and look at the transactions in it and the size of those transactions.
Each transaction will show the number of inputs and the number of outputs.
I presume you are consolidating to one address, so look for transactions that only have one or two outputs.
If you can find one with, say, 10 inputs, and you are making one with 50 inputs, then you can guess your transaction will be (very roughly) 5 times the size of that.

At the moment, block rewards are pretty high, so fees are pretty high.
Easiest to just look at btc.com and  check the last 40 or 50 blocks to see if the block rewards are averaging under 13 (very low), always under 14 (not high), some going over 14 (high), lots over 15 (very high)
btc.com also shows on the main page a Current best transaction fees 0.0004 BTC/KB

This will give you an idea of how long it will take to confirm.

It's all actually guess work, but that should help make a more educated guess

[NomadGroup]

I am trying to change wallets from GreenAddress to Trezor. I have updated the miner with the new BTC address and am now ready to transfer my BTC funds from GreenAddress to Trezor. When I started the process I was shocked to see a .01675051 Transaction Fee to transfer only .10899048 BTC.

I found this thread on the subject https://bitcointalk.org/index.php?topic=1476536.0;all which basically says auto calculated fees are a joke on GreenAddress and to chose my own fees.  I found that fees are based on transaction size but I am unsure how to find the size of the transaction.

So now is where I need smarter peoples help.

I am in no hurry, however I would like the transfer to be completed before the upcoming fork, so I am cool with a slowerish confirmation time. If I choose 0 for the fee on GreenAddress it gives a warning stating the fee rate is too low and the minimum rate was used of .00001 BTC which makes my total fee .000084360 BTC

Is this a good fee size? Will a fee of this size get my transaction processed? If so what would be an expected turn around time for confirmations?

As my status says I am a newbie so please go easy on me with replies.

Just use the lowest fee possible and if it takes a while just use the ViaBTC transaction accelerator and it will get confirmed pretty fast.  https://pool.viabtc.com/tools/txaccelerator/   That’s what I do when my transaction is stuck and so far it worked well for me. 

[kano]

Oh yeah, forgot to say, everyone with that scam site in their post - please edit their post and remove the scam site link completely.
I'll delete all the posts that still include it shortly.