KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[lrowland21093]

There was a comment about limiting to one or two per person in the BLOKFORGE thread: https://bitcointalk.org/index.php?topic=2627311.msg27017479#msg27017479
Of course, that is just one US based distributor.

[1714053151]

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[1714053151]

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[mdude77]

We need a recruitment effort. IMHO...

I agree.  We all have signatures.  Use them!

M

[lrowland21093]

I'll add the Kano tagline to my signature as soon as I'm not a newbie anymore!  Someday...

[mdude77]

There was a comment about limiting to one or two per person in the BLOKFORGE thread: https://bitcointalk.org/index.php?topic=2627311.msg27017479#msg27017479
Of course, that is just one US based distributor.

I hope their prices are unrealistic.  $5000 for an S9, and $9999 for an A8?

Don't have to worry about me buying too many at those prices.

M

[Tnaa97]

We need a recruitment effort. IMHO...

I agree.  We all have signatures.  Use them!

M

My signature does not appear to be editable yet but I have updated my LinkedIn profile.
https://www.linkedin.com/in/thomasalbright/
Maybe that will help idk...

[rifleman74]

There was a comment about limiting to one or two per person in the BLOKFORGE thread: https://bitcointalk.org/index.php?topic=2627311.msg27017479#msg27017479
Of course, that is just one US based distributor.

I hope their prices are unrealistic.  $5000 for an S9, and $9999 for an S8?

Don't have to worry about me buying too many at those prices.

M

S8 is just a placeholder, if someone wants to fork out $9999, they'll sell them it. 

[dzimmerm56]

Come on blocks, baby needs a new car door window, real estate taxes, AND gas line repair. 

Block Block Block

[firetreeactual]

I'm gonna have to hire one of my neighbors' grandkids to come in the morning and catch up on the board postings...three pages while I slept. Yowza.

[DPoS2]

We need a group buy on renting some hashing power. I haven't really sat down and mathematically drawn it up on paper yet by the hypothesis is: Wouldn't it be cheaper if 20-30 miners rented additional hashing power instead of buying new equipment. Obviously, being able to effectively manage something like that would be one thing but the management issue aside, pooled resources always have a cheaper cost to the end user (not necessarily an overall savings).

These efforts usually end up badly.  Best thing is if you had a few local friends to pool together and get an operation going than do that but even then you'll probably lose a few friends as some pull out and force others to pay more and etc etc just like bands break up all the time

As soon as the fingers start pointing it's over

[fjtropepe]

We need a group buy on renting some hashing power. I haven't really sat down and mathematically drawn it up on paper yet by the hypothesis is: Wouldn't it be cheaper if 20-30 miners rented additional hashing power instead of buying new equipment. Obviously, being able to effectively manage something like that would be one thing but the management issue aside, pooled resources always have a cheaper cost to the end user (not necessarily an overall savings).

These efforts usually end up badly.  Best thing is if you had a few local friends to pool together and get an operation going than do that but even then you'll probably lose a few friends as some pull out and force others to pay more and etc etc just like bands break up all the time

As soon as the fingers start pointing it's over

That is why I stated that the management is another story. In theory though, it just makes sense that we would be better off doing that then spending 7k on miners.

[stickpony]

HI Kano,

is there a way for you to help me Accelerate two transactions? i sent them from a very old wallet to my new wallet, at the time i didnt know how much the fees hiked since the old wallet software was built. the fee attached to the TX below are 0.0002, and 0.0004 respectively, and i don't knwo hwo to get them accelrated, theyve been stuck in limbo for a week + now:

9fa92a28c197cd050368885d9af530ef18239e042de903a65da23166e1f6a83c

4499dcd41be206d26c7354a5d8fc686069bc7ae0671a58b970857e34c188e335

thanks for any help you can lend!

Payouts can't be sent before the block matures - that's the rules of bitcoin.
So after 101 blocks after we find the block, I send out the payout.

It wont be confirmed quickly coz I don't want to spend $2000 out of my pocket on every block adding fees.
I'm not gonna try running the pool at a big loss and use up my BTC
(that's about how much is necessary at the moment to match the expected Satoshi per Kb)
So what I (usually) do is put 42,000 sat fee on every block - only about $5 dollars.

If fees are low and blocks aren't full, then some pool will possibly pick it up and confirm it.
If fees are not low, then it's unlikely to get picked up.

I also put the payout into our work, thus if any payouts already sent out are not confirmed when we find a block, the block will confirm them.

Thus the explanation as it says on the Help->Payouts page:

When are payments sent out?

The block 'Status' must first reach '+101 Confirms' on the Blocks page, and then is flagged as 'Matured', before the reward is distributed.
The block reward transaction is created manually some time before the block matures, and sent out automatically a minute after the block matures.

The payout may use a zero fee transaction, so we will confirm it with the next block we find after the transaction is sent out.
You may not see the transaction in your wallet before the first confirm.

... with an extra bit that it might be confirmed earlier (but unlikely) if fees are very low, and as I do most of the time, if I added a 42,000 sat fee.

[VRobb]

Will your wallet allow you to add a CPFP fee to the txn?  That works, at a cost...

[16plato]

We need a group buy on renting some hashing power. I haven't really sat down and mathematically drawn it up on paper yet by the hypothesis is: Wouldn't it be cheaper if 20-30 miners rented additional hashing power instead of buying new equipment. Obviously, being able to effectively manage something like that would be one thing but the management issue aside, pooled resources always have a cheaper cost to the end user (not necessarily an overall savings).

These efforts usually end up badly.  Best thing is if you had a few local friends to pool together and get an operation going than do that but even then you'll probably lose a few friends as some pull out and force others to pay more and etc etc just like bands break up all the time

As soon as the fingers start pointing it's over

That is why I stated that the management is another story. In theory though, it just makes sense that we would be better off doing that then spending 7k on miners.

Kano: Is this something you would be open to letting us do?

[mdude77]

HI Kano,

is there a way for you to help me Accelerate two transactions? i sent them from a very old wallet to my new wallet, at the time i didnt know how much the fees hiked since the old wallet software was built. the fee attached to the TX below are 0.0002, and 0.0004 respectively, and i don't knwo hwo to get them accelrated, theyve been stuck in limbo for a week + now:

9fa92a28c197cd050368885d9af530ef18239e042de903a65da23166e1f6a83c

4499dcd41be206d26c7354a5d8fc686069bc7ae0671a58b970857e34c188e335

thanks for any help you can lend!

There's a free tx accelerator here: https://pool.viabtc.com/tools/txaccelerator/

Also, you may be able to "double spend" these transactions with a higher fee to get them moved.  How you do that depends on the wallet you are using.

M

[firetreeactual]

In my observation, rentals have never done well on this pool. Lots of posts on it.

[fjtropepe]

In my observation, rentals have never done well on this pool. Lots of posts on it.

Due to the variation, correct?

[os2sam]

In my observation, rentals have never done well on this pool. Lots of posts on it.

Due to the variation, correct?

What does that mean?

Rentals probably hadn't done well because Nicehash did no vetting on the hash power that was supplied to them.  The hash power could have been doing block withholding and they just didn't care.

[VRobb]

Or had tons of the v1 firmware S9s that have atrocious luck due to a probable bug in the code...

[MattMell]

We are about 15% through this difficulty period blocks -
- An estimate: If the network continue at the current rate of finding blocks:  2 203 417 299 950  +14.10%    18/01/13 04:33

Note: Only thing I am sure of is that the figure above is not the next difficulty change. It only gives an indication of the hashing power above/below for the first 1.74 days into this period.

If anyone has better estimate please share

[tke1600]

We are about 15% through this difficulty period blocks -
- An estimate: If the network continue at the current rate of finding blocks:  2 203 417 299 950  +14.10%    18/01/13 04:33

Note: Only thing I am sure of is that the figure above is not the next difficulty change. It only gives an indication of the hashing power above/below for the first 1.74 days into this period.

If anyone has better estimate please share

That would be a big jump from this last adjustment of ~3%.  I've noticed its better to wait until the last couple of days to get a better idea of what it will be.  Hashrate can go up or down a lot of days during the 2 week time periods.