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

[thedreamer]

At $0.02 per KW, you are profiting on average $320.00 per month for each S7

You have to recoup your initial "investment" (purchase price of hardware + psu) before you see any profit.  Even with 2 cent power (which is rare in and of itself) you won't see profit for over a year. That's why I mention ROI even at low power rates.  New hardware purchased at retail price just doesn't make any sense right now.

Most people however can buy the new stuff, mine for 6 months, sell and then they are already at 50%+ Profits.  I still don't see how you won't see profits for a year.
At a monthly profit of $320 that's 5.5months until ROI. Even at higher average Diff, it will be 7-8 months at the worst.

Also let's not forget Bitcoin prices. Right now they are low. When (and I mean WHEN) they head back up. profitability inreases by a ton.

Gotta pay to play.  

[wlefever]

Block!  We always seem to make up lost ground 

[thedreamer]

Furry nice!

[gecox22]

Block!  We always seem to make up lost ground 

Freaking awesome! Nice to have a three block day for sure! Let Hit another one!!!!!

[kano]

Payout 375717 sent
356143269288ebb8fe18d159e4a1f3ae0a8fbe3859c6150cac01c11887fb4160
and confirmed

[CapnBDL]

I don't think this is the appropriate thread to discuss the SP50, but

All owners split the revenue after costs and in 12-18 months liquidate the hardware and distribute to all owners. This box is very profitable at .15j and power at .02kw

show me the ROI math.  I can't see the machine to be profitable in a year even with 2 cent power from the calculators I've tried.

I don't think the SP50 or the S7 will ROI before the halving...

Really depends on price, I did the math at 45K for the box, if its closer to the 75K, then you are correct on the ROI. Lets see if they reply to me on pricing or anyone for that matter. Checking with a few people I know that run 500+th farms to see if they have got any indication of price.

Hey Guys...let's not bicker. I wanna see numbers!! To coin a movie phrase, "Show me the money".!! I would be willing,,,if the numbers come out close. But...if I get no ROI within 3 mo....well, it's not worth it. With new tech, it doesn't take long before those that can afford jump on board and the diff jumps with them. It's really is a matter of, the first ones there make the most. That being said, if you have the power (elec) I'm willing to contribute.

Let me know,

      

edit: one other thing....the HASHRATE stays here!!

[innerchaos]

when the rewards halves will the value of the btc rise.

[-ck]

when the rewards halves will the value of the btc rise.

Getting a bit offtopic for this thread here... it belongs in mining speculation and has been discussed at length there in existing threads.

P.S. It won't.

[thedreamer]

All I know. My Hash rate to this pool will be rising soon. 

[LoneRangir]

At $0.02 per KW, you are profiting on average $320.00 per month for each S7

You have to recoup your initial "investment" (purchase price of hardware + psu) before you see any profit.  Even with 2 cent power (which is rare in and of itself) you won't see profit for over a year. That's why I mention ROI even at low power rates.  New hardware purchased at retail price just doesn't make any sense right now.

Not necessarily.  If you plan on selling the machine, say at half price, you more or less get back your initial investment back at that point.  And PSUs.... I reuse what I can,  but that's assume you're replacing/upgrading capacity, not adding.

Anyways... my plan is to mine for 6 months, and then see what a used S7 will go for.  If I can replace all my miners with a single S7, that's a win, too! 

I'm just a hobby guy, though.  This is not my day job.  Everyone's circumstances are different...

[kano]

Payout 375768 sent
8cea75888f422394d5ac263f684d9741719dd7d0a680a4248b1733653cc4a3c3
and confirmed

[kano]

There was a short network outage with the data center (about 30 or 40 seconds)
Everyone will have failed over.
I also did a ckpool restart that will have failed over anyone who survived the short outage.
All is OK again.

[PPOC]

Thanks for the update, miners all connected back.

[kano]

Unfortunately problems are continuing.
Another drop to about half the connections put the pool down to about 1PH but it's on the way back up again.
Chasing the datacentre to get more information about why it's happened a 2nd time ...

[hurricandave]

My diff was bumped up to 3.934k by the pool briefly, even though I have only 700gh/s worth of equipment. Sooo... somehow I experienced a burst of catch..me..up after a trickling of lost 5 shares, lost 10 shares, lost 5 shares, untracked work...etc.etc. If that helps. Might explain some of the pool hashrate dipping for others.

[aarons6]

my workers went offline for a few it looks.. might be an outage with comcast.

there is a dip on my graph for about an hour.
seem to be back online now tho.

[kano]

Unfortunately problems are continuing.
Another drop to about half the connections put the pool down to about 1PH but it's on the way back up again.
Chasing the datacentre to get more information about why it's happened a 2nd time ...

The main server data-centre was under a major DDoS attack.
It wasn't directed at the pool, but at the whole data-centre itself.
Seems the side effect was actually quite minor for the pool considering that.
They do indeed have some good DDoS protection that the pools also gets.
The last attack on the pool a few months back didn't even register more than a blip on the radar
They say they have it under control so hopefully should continue the smooth sailing since the the 2nd short outage I've quoted.

[RealMalatesta]

Question or feature request:

With new "monsters" like SP50 coming, I think it would be handy to split profits per machine. Depending on the price of this and future monsters, single miners may join - financial - forces to buy such a machine. Then it would be useful to have a possibility to send x % to owner A and y% to owner B and so on.

Could this be done already (couldn't come up with a solution yet) or could this be implemented in the pool software?

[carlosmnk]

Question or feature request:

With new "monsters" like SP50 coming, I think it would be handy to split profits per machine. Depending on the price of this and future monsters, single miners may join - financial - forces to buy such a machine. Then it would be useful to have a possibility to send x % to owner A and y% to owner B and so on.

Could this be done already (couldn't come up with a solution yet) or could this be implemented in the pool software?

Very interesting, yes. If this implementation could be done, i'm sure some pleople would like to join. ATM there are some posts in this forum evaluating the joining option. One problem is who will control the earning wallet. If the pool can do it, this people have the thrusted man solved.  

[kano]

Question or feature request:

With new "monsters" like SP50 coming, I think it would be handy to split profits per machine. Depending on the price of this and future monsters, single miners may join - financial - forces to buy such a machine. Then it would be useful to have a possibility to send x % to owner A and y% to owner B and so on.

Could this be done already (couldn't come up with a solution yet) or could this be implemented in the pool software?

It's already there, but I've only allowed it for big miners (100THs+)
If you can stay 100TH+ then I can give you the menu option to have multiple payout addresses with % you choose to each.
Obviously that requires trust for the one or more people you give access to login to the account - but I don't arbitrate that of course.

One account uses it at the moment (obviously one of the biggest miners)

It makes the payout transaction bigger, and uses more database resources, so no I wont be giving that option to most people
I made a post about it long ago but even I can't find it
But yeah back then I also said the lower limit was 100TH, and now 100TH doesn't mine as much as it was back then, so I wouldn't be dropping that limit much.

Hmm the only thing I probably should change is to add an address limit on an account, so say you could ask for a 2 or 3 address limit