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

[AerialGopher]

haha  hopefully, I left them configured for my account here..  Maybe he will plug them in and run them and forget to change the config?  hmm likely not...

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[swanny88]

haha  hopefully, I left them configured for my account here..  Maybe he will plug them in and run them and forget to change the config?  hmm likely not...

Just curious, How many miners did you sell?  Were they S7's or S9's?

[jhoren]

Sorry to hear it. Electricity is killing me too, need that price to go back up. Normally I would thank you for lowering the difficulty for the rest of us, but your buyer will take over.

My summer pricing just started. I don't like it but it should be ok for the time being.

I'm happy my mining box is working well. The heat is being removed and the sound is unnoticeable upstairs. Outside it sounds like a dryer exhaust.

It is nice having the three machines purring along and not having to worry about anything at the moment.

Though, I've already thought about improvements for the box when I pick up my next three miners. 

[kano]

Block! by cryptostarusa

[LunEm]

Block by cryptostar 

[Steamtyme]

I've been waiting all night for this.

Mine on.

[clgrissom3]

Block! by cryptostarusa

Keep it going!

[BSGMiner]

Ahh, Saturday morning and a BLOCK!!!

Thanks, CryptoStar!

[BSGMiner]

I've been waiting all night for this.

Lol. I've found it passes the time faster to try getting some sleep.

Or, maybe you adhere to the "No sleep til Brooklyn BTClockies!" approach...

[Waztim]

KANO,

My 2FA is not working with the KANO site.

Nothing has changed on my end.

Thanks in advance for looking in to it.

Mine On With Kano-San

[kano]

KANO,

My 2FA is not working with the KANO site.

Nothing has changed on my end.

Thanks in advance for looking in to it.

Mine On With Kano-San

Check the time on your phone.
The 2FA code on the server only changes when you change it

You have to have the correct time on your phone and it has to match the web server - the web server shows it (in tiny letters) at the bottom left in UTC on the server (the correct time) and your device time in the bottom right - which may or may not be right.

Edit: the console log shows you checking the time each time just after 30s so it would appear each time it was too slow with the previous 30s code.
The code changes every 30s at HH:MM:00 and HH:MM:30 (and you can only try it once each 30s)

[Waztim]

Thanks Kano. It appears to be correct. I have other uses of the 2FA function and they work. Interesting, I will figure it out with the info you provided. As always you are a great resource and truly a SME. Thank you for the help.

MINE ON WITH KANO-SAN!! KANO POOL The BEST BITCOIN Mining Pool on Earth!!

[mercurye]

So I know I will get flak about this post, and thats ok, I know people will say that its a long term investment for mining.  I agree, but it is too long, at least for me.  What do you think is a reasonable amount of time?

@AerialGopher, are you selling BTC immediately or holding? That is what I understand that mining is a long term investment.

I am also curious of what is a good time for ROI?
12 months or more with the current BTC price?
Is everyone holding as I am doing for more than 6 months which effectively means more fiat going into BTC.

[Shazam!!!]

Is everyone holding as I am doing for more than 6 months which effectively means more fiat going into BTC.

Personally, My intentions at this moment, are to use my profits to retrieve more equipment to increase my hashrate. After I reach an amount I'm content with, I will hold and watch prices.

[hr3eternity]

Forgive my ignorance and for perhaps being a conspiracy theorist but I've noticed a strange increase in the hash rate of the pool while actual users has decreased.  I see that when the pools hash rate increases (while my contribution stays the same) my reward goes down significantly. I only have 3 S9's so I know my contbibution is small but when I started, the pool was around 48K TH/S and its now like 234K TH/S.  For me the only variable to change is the pool's hash rate.  I find this strange since the user count when I began 4 months ago was around 1450 users.  Now a few hundred less user's we're at a much bigger hash rate.  Just like every other pool, my rewards keep dwindling week after week.  Thanks in advance.  DH. 

[swanny88]

Forgive my ignorance and for perhaps being a conspiracy theorist but I've noticed a strange increase in the hash rate of the pool while actual users has decreased.  I see that when the pools hash rate increases (while my contribution stays the same) my reward goes down significantly. I only have 3 S9's so I know my contbibution is small but when I started, the pool was around 48K TH/S and its now like 234K TH/S.  For me the only variable to change is the pool's hash rate.  I find this strange since the user count when I began 4 months ago was around 1450 users.  Now a few hundred less user's we're at a much bigger hash rate.  Just like every other pool, my rewards keep dwindling week after week.  Thanks in advance.  DH.  

I'm sure there has been a ton of S7's and lower equipment drop off this pool over the last couple of months and each s9 equals 3 times the hash rate of a S7.  


The biggest thing that affects earnings is difficultly.  example at the current hash rate and difficultly we should find about 30 blocks for the month but when the difficultly changes in a few days the number for the month should be closer to 27 blocks expected. (this assumes hash rate stays the same which everyone knows this is a moving target)

at 45 ph we would only be expected to find 6.24 blocks for the month.  5.52 block if the difficulty change estimate is correct in 3.2 days.

[kano]

If your hash rate stays the same, then 2 things:

1) As the pool hash rate increases, your reward per block will decrease.
As the pool hash rate increases, we expect to find blocks more often.
Thus it works out the same.

2) However, every 2016 blocks (or about every 2 weeks) your reward drops due to difficulty increases.

Edit: ... and if you mine at the small pools that don't find lots of blocks each 2 weeks, you will be rewarded less - they like to leave that fact out.

[swanny88]

If your hash rate stays the same, then 2 things:

1) As the pool hash rate increases, your reward per block will decrease.
As the pool hash rate increases, we expect to find blocks more often.
Thus it works out the same.

2) However, every 2016 blocks (or about every 2 weeks) your reward drops due to difficulty increases.

The next difficultly change is going to leave a mark.  lol

[Shazam!!!]

We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.

[swanny88]

We've also had a bunch of established members adding more hashrate too. So, although the user count appears lower, the hashrate will increase.

I was never sure if the user count was active user or active devices?  I guess it has to be active users.