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Author Topic: [190+PH] KanoPool kano.is 0.9% fee 7 BTC giveaway 🐈 US,UK,JP,NYA,DE,SG  (Read 5142925 times)
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rifleman74
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November 10, 2017, 06:41:08 PM
 #30521

Even if I wanted to get another miner right now Imma wait till the fork, that way I get more of the new alt currency, then convert it to BCH (which I despise) and purchase. Sell the alt to recover some of the lost BTC for purchasing the new miner.
what fork?
The BX2 hard fork due on the 23rd which those behind it have now said is canceled. Seems to be score 1 for the Good Guys but only after the 23rd will it be fact.

Ok, didn't know if there was some new fork besides the cancelled NYA fork.
Satoshi is no god. He did not come down from the mountain with 10 golden rules engraved in stone for no one to question.
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Dr0n3
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November 10, 2017, 06:49:40 PM
 #30522


All I can suggest is run a comparison yourself.  If you have an even # of miners, point half here and half there, and after a month, compare the results.  The important thing is to test for at least a month, otherwise variance will skew the numbers.  Even then, it may still skew it.

I would not go by what's stated here in the pool by members.  Who knows if their calculations are accurate?  Furthermore, I wouldn't go by any 3rd party site.  

M

FWIW I ran on NiceHash for the first week of November and they were paying in the range of .00018 - .000185 per TH/day throughout that time.

I guess my other question is when do we know when BCH is more profitable to mine than BTC, I know we can use calculators, but a calculator is not the same thing as real world results. I know some pools have setup to auto-switch between the most profitable, I like this idea if executed properly. Anyone have any input on this or mind sharing their game plan as BCH is climbing in value VERY quickly...


Ok, didn't know if there was some new fork besides the cancelled NYA fork.

You're talking about the same fork, NYA fork is/was referred to as B2X
overcon
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November 10, 2017, 09:10:16 PM
 #30523

Even if I wanted to get another miner right now Imma wait till the fork, that way I get more of the new alt currency, then convert it to BCH (which I despise) and purchase. Sell the alt to recover some of the lost BTC for purchasing the new miner.
what fork?
The BX2 hard fork due on the 23rd which those behind it have now said is canceled. Seems to be score 1 for the Good Guys but only after the 23rd will it be fact.

Ah OK even better! I didn't realize it was canceled.

Donate BTC to: 1PXBBTLqXQnT9qAyWsc51XGj2GUt4WW57x
beltsniffer
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November 10, 2017, 09:40:09 PM
 #30524

FWIW I ran on NiceHash for the first week of November and they were paying in the range of .00018 - .000185 per TH/day throughout that time.

I guess my other question is when do we know when BCH is more profitable to mine than BTC, I know we can use calculators, but a calculator is not the same thing as real world results. I know some pools have setup to auto-switch between the most profitable, I like this idea if executed properly. Anyone have any input on this or mind sharing their game plan as BCH is climbing in value VERY quickly...
You have decide for yourself which is the most profitable to mine. As with a lot of alts, it is not that hard to game the system to manipulate price. So you need to decide what coin value will be when you go to dispose of it. Not just what the value of it is at the moment.

I think most of the people in this pool would be of the opinion that the other sha256 coins are scams that aren't worth bothering with. BCH, beyond being able to buy another miner with it from bitemain, has no proven long term value.
Sosoft
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November 10, 2017, 09:58:39 PM
 #30525


I think most of the people in this pool would be of the opinion that the other sha256 coins are scams that aren't worth bothering with. BCH, beyond being able to buy another miner with it from bitemain, has no proven long term value.


Its a funny desperate attempt by Bitmain to give BCH the appearance of having value. If it works it will truly count as a great scam we are all watching unfold in front of our eyes.
dzimmerm56
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November 10, 2017, 11:36:34 PM
 #30526

Quite a bit of profit taking going on this Friday. Traditionally Friday is the day the bitcoin price swoops low. Usually it is back up to a high value come Wednesday or Thursday, but there is really no hard and fast rule, just more of a trend that I keep seeing.

As to altcoins and their profitability.
If an altcoin has very low volume of trade or production then its difficulty will tend to drop. As its difficulty drops the ability to mine a whole lot of them starts to rise. The high profitability seen on a lot of altcoins is a bit of a phantom effect. If you start to mine the coin, then you will affect its difficulty if its volume is low to non existent. 

There is a similar issue when you go to sell the 10k or so of altcoins you were able to mine over the weekend. Once you start selling them you notice the price offered starts to drop. You are in effect flooding the market. Your 10K of altcoin formerly valued at $30.00 is now only worth about $10.00. 

So the thing to look for is the volume of transactions on the altcoin that shows up as having a high profitability.
Low or nonexistent volume means you are unlikely to get the value advertised. High volume coins are much more likely to maintain whatever profitability they are showing.

All in all, it is usually more profitable to mine bitcoin and to mine it on kano's pool.
You might get lucky, but more likely you will end up with a bunch of altcoins that aren't worth the electricity you paid to create them.

1 S9, 2  A741s, 1 A821, 3 A841s, and full bitcoin node
About 80THash/sec
kano
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November 11, 2017, 12:15:52 AM
 #30527


All I can suggest is run a comparison yourself.  If you have an even # of miners, point half here and half there, and after a month, compare the results.  The important thing is to test for at least a month, otherwise variance will skew the numbers.  Even then, it may still skew it.

I would not go by what's stated here in the pool by members.  Who knows if their calculations are accurate?  Furthermore, I wouldn't go by any 3rd party site.  

M

FWIW I ran on NiceHash for the first week of November and they were paying in the range of .00018 - .000185 per TH/day throughout that time.

...
Nicehash lies on their web site.

As I've mentioned before, during October, myself and another person (to our, and everyone elses misfortune) used nicehash to push the hash rate up, to get past those 2 long blocks.
During that time I never paid more than 101% PPS on the market, so the miners were getting 98% PPS - of course I had to pay nicehash 104% PPS ... yeah people don't see those obscured extra costs/losses ...
During that time, mining anywhere with 100% luck, would get you over 107% PPS before fees.

As for what the pool gets, well it doesn't matter what anyone states, just look at the web site - it will tell you block ranges and months.

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!
NomadGroup
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November 11, 2017, 03:25:07 AM
 #30528

I’m ready for another block!  Anyone else?  Grin

And Kano, thanks for the early payout!  Wink
dzimmerm56
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November 11, 2017, 08:49:54 AM
 #30529

I’m ready for another block!  Anyone else?  Grin

And Kano, thanks for the early payout!  Wink

Indeed yes!

Just remember with our lower hash rate variance is going to be higher.
The rewards when they happen, are very nice though.

1 S9, 2  A741s, 1 A821, 3 A841s, and full bitcoin node
About 80THash/sec
NomadGroup
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November 11, 2017, 04:59:36 PM
 #30530

I’m ready for another block!  Anyone else?  Grin

And Kano, thanks for the early payout!  Wink

Indeed yes!

Just remember with our lower hash rate variance is going to be higher.
The rewards when they happen, are very nice though.


It’s all good partner! 

With the payouts as fat as the last 9 we can handle a wait time of a 100 hours once in a while!  Grin
firetreeactual
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November 11, 2017, 07:00:42 PM
 #30531

Wowzers...my Core full node is running 124 connections...highest I've noticed.

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)
wolfen
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November 11, 2017, 07:19:29 PM
 #30532

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

For those about to block we salute you! AC->BTC
VTdude12
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November 11, 2017, 07:38:06 PM
 #30533

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

Agreed.  Roger V & others are promoting their a$$ off and Bitmain is laughing their recent BCH-only sales right to the bank.

It's been very funny seeing the articles written in the mainstream media about "BTC slump & BCH rally" with almost no real WHYS being answered besides 2x being called off = there are none!

Also, very interesting to see the BCH trade volume is ~37% coming from Korea.  Pump n dump coming sooooon

Block # 456099 & 515126 @ Slush
24 - S9     8 - D3     14 - L3+
9 - 8x 1070     6 - 8x 1060     7 - 8x RX580     1 - 7x RX480     1 - 6x RX470
smutboy420
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November 11, 2017, 08:01:12 PM
 #30534

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.
rifleman74
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November 11, 2017, 08:29:44 PM
 #30535

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.


Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.
NomadGroup
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November 11, 2017, 09:14:28 PM
 #30536

What the hell is going on with bitcoin cash? A lot of smoke and mirrors to pull that off. Just a mirage though.

Agreed.  Roger V & others are promoting their a$$ off and Bitmain is laughing their recent BCH-only sales right to the bank.

It's been very funny seeing the articles written in the mainstream media about "BTC slump & BCH rally" with almost no real WHYS being answered besides 2x being called off = there are none!

Also, very interesting to see the BCH trade volume is ~37% coming from Korea.  Pump n dump coming sooooon

Looks like the end of the BTC classic gave the BCH a push as well! Wink

https://cointelegraph.us3.list-manage.com/track/click?u=2c088712615955cd2f82aa968&id=d3e208c496&e=925d4962a6
kano
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November 11, 2017, 09:40:32 PM
 #30537

Hopefully we end up cracking a block soon even with jihad trying to force the flippering and almost 50% hash rate taken off btc. 

and with the high tx fees to even try and get a transaction to confirm in any reasonable amount of time seems to be makeing some huge juicy size block pay outs.   

Just seen a block slush got that was freaking 21.67950116 BTC block reward and lots of other 16+ btc blocks getting hit today.    

We could use a few big fat giant payouts.


Yep, that 21 block is still processing almost an hour later.  Have a few machines on slush right now and am enjoying what I'm seeing.   Kano's blocks haven't been over 16 yet.
Telling people to mine somewhere else and I wonder where that 16 number comes from?
The current work (right now) is 18.715...

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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November 11, 2017, 10:10:59 PM
 #30538

Great to see us back to "normal".
I like the biggish payments these days  Grin


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea Tongue

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees Tongue
Obviously I'll announce things when they are ready ...
I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.

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!
rifleman74
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November 11, 2017, 10:56:22 PM
 #30539

Great to see us back to "normal".
I like the biggish payments these days  Grin


Will the gone hashpower come back in a while kano?

Thanks and MINE ON!

Well I'm still processing 60 days of data (it's completed more than 21 days and 35 blocks from the start of September)
Once I complete that I'll report the results here (and to the large miners that left) and I guess we'll see if they come back or not.

I'm also going to have a zero-fee month coming soon to see if that will bring on board more miners.
More miners means less variance - and that's what's been the aim this year.
Seems like bad luck popped it's head up and destroyed that idea Tongue

The fact that we already have less than half the fees of slush seems to not bother anyone mining there, so the only way I can lower that is to temporarily have no fees Tongue
Obviously I'll announce things when they are ready ...
I've completed the verification of the data that I wanted to check.

The reprocessing run was 63 days of data from 1-Sep to 2-Nov
KanoDB reprocessed all valid shares from before the block 482985: 2017-09-01 14:58:59.02 - the first block in September,
to the stale block 492189: 2017-10-29 10:56:16.49 - the last one in October, though I continued through to the end of the 2nd of Nov, just before the first block in Nov.
All blocks found matched, no extras were found in the data.

The KanoDB code (now) does full share validation by hashing the work that the miner used to find the share/block and compares that to the numbers provided by the pool code, to make sure they are correct.
It also does a proper block difficulty check rather than the approximate one that the pool code does.

I'll put live the changes to KanoDB and the pool code soon, once I've completed testing the KanoDB block submission code.

Thanks for the hard work kano-san!
SkyLakeMine
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November 11, 2017, 11:27:10 PM
 #30540

How long does it take from the time I start mining at Kano to the time when I get full credit for my hashrate when a block is found? I have mined at Kano before but not long enough to give it a fair chance. I know there is some formula where N is 5 but can someone translate that to hours? If I start mining at noon then at what time would I be fully credited when a block is found? At other pools I know it takes an hour or two. Similar at Kano or longer or shorter?

(As a sidebar, I really think Kano might be a good pool to mine at since block transaction fees are high right now with all these high fee transactions in the mempool. And sharing transaction fees with miners seems the only sustainable model in the distant future when halving of block rewards means that sharing fees is the only way we miners are going to get paid. Care to comment on that view?)

mining smarter @Where2Mine
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