KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2437 blocks

[nhando]

All Kidding asides, Kano did say he's working on updating it so the payment will eventually be once a day instead of per payout.  Just give it sometime, until then, Wolfen's idea is the best solution.  Also his Coinkite solution for auto rental refills is also very good.

[AriesIV10]

PLEASE TRASH MY WALLET with tons of block today!! PLEASE PLEASE PLEASE!  A Clean wallet is an empty one.  

ha

Very interesting, but the solution is very simple, change your wallet.  There are many out there to suite your personal preference.

[clgrissom3]

Hey, I just noticed this pool pays-out instantly on block finds.
Sorry but I can't get payments on every block; I've a very neat wallet, your pool just made it very trashy.
Once a day is more than enough, once a week is best, every block is a big no-no for me.
This falls under "shit forced upon me that I don't want nor need to deal with" category.

Sorry but I cannot mine here for the foreseeable future.
Maybe if you let miners decide when to cashout or once a day at best, but for the time being, I prefer less payments.
It's just less hassle for me.

Keep up the great work, I love how you fill the blocks.

The downside of this is you will make less for your hash at any other pool than you would here...good luck with your adventures!

[zOU]

Hey, I just noticed this pool pays-out instantly on block finds.
Sorry but I can't get payments on every block; I've a very neat wallet, your pool just made it very trashy.
Once a day is more than enough, once a week is best, every block is a big no-no for me.
This falls under "shit forced upon me that I don't want nor need to deal with" category.

Sorry but I cannot mine here for the foreseeable future.
Maybe if you let miners decide when to cashout or once a day at best, but for the time being, I prefer less payments.
It's just less hassle for me.

Keep up the great work, I love how you fill the blocks.

Wow, for a sec I thought it was April 1st...

I am using Electrum, and if I don't look at history, well my "address book" is quite clean as it just shows the total for each address...

[wolfen]

Going to another pool is not an option for me
We have been getting a steady stream of blocks.
I'm ready for the next.

[Crispyato]

The blood vaders have gone.  May the force be with us

[bitmine49]

Very new to bitcoin. Recently got my first miner S7 setup a full node and ckpool. Also renting some hash from NH and pointing it at CK.

How does it work that (looking at last 4 blocks found but BitFury and AntPool) that you can find two blocks within a few minutes/seconds of each other and each be full of transactions?

-- and --

Shouldn't there be a min transactions included in a block?

[jonnybravo0311]

Very new to bitcoin. Recently got my first miner S7 setup a full node and ckpool. Also renting some hash from NH and pointing it at CK.

How does it work that (looking at last 4 blocks found but BitFury and AntPool) that you can find two blocks within a few minutes/seconds of each other and each be full of transactions?

-- and --

Shouldn't there be a min transactions included in a block?

1) Because there are plenty of unconfirmed transactions to include in a block. (6500 as of this post)
2) There is a min: 0.  Well, technically it's 1 because the coinbase transaction generating the block reward.  There is no excuse whatsoever for any pool to submit an empty block, yet plenty of them do.

[Legacy2005]

Very new to bitcoin. Recently got my first miner S7 setup a full node and ckpool. Also renting some hash from NH and pointing it at CK.

How does it work that (looking at last 4 blocks found but BitFury and AntPool) that you can find two blocks within a few minutes/seconds of each other and each be full of transactions?

-- and --

Shouldn't there be a min transactions included in a block?

this is the thread for kano.is pool. the ckpool you mention is here (https://bitcointalk.org/index.php?topic=763510.0) which is a solo pool. meaning you will only get paid if you find a block.

where as here on kano.is you will get a portion of each block found.


and No there is no min transaction as you have seen in antpool they mine a lot of empty blocks. on Kano all blocks are stuffed full with transactions and those transactions are paid out to the miners.

[bitmine49]

Very new to bitcoin. Recently got my first miner S7 setup a full node and ckpool. Also renting some hash from NH and pointing it at CK.

How does it work that (looking at last 4 blocks found but BitFury and AntPool) that you can find two blocks within a few minutes/seconds of each other and each be full of transactions?

-- and --

Shouldn't there be a min transactions included in a block?

this is the thread for kano.is pool. the ckpool you mention is here (https://bitcointalk.org/index.php?topic=763510.0) which is a solo pool. meaning you will only get paid if you find a block.

where as here on kano.is you will get a portion of each block found.


and No there is no min transaction as you have seen in antpool they mine a lot of empty blocks. on Kano all blocks are stuffed full with transactions and those transactions are paid out to the miners.

I got that - sorry, I was wondering how blocks get full of transactions vs. empty blocks. what part of the bitcoin infrastructure controls this?

I am mining solo via ckpool, but also mine here at kano.is. - I think of kano.is and ckpool as the same thing. Sorry.

[jonnybravo0311]

The short answer is empty blocks are caused by lazy coding shortcuts in pool software.

[hawkfish007]

The short answer is empty blocks are caused by lazy coding shortcuts in pool software.

There is very little incentive for the coders to do their job since empty block still rewards 25 BTC if I am not mistaken.

[jonnybravo0311]

The short answer is empty blocks are caused by lazy coding shortcuts in pool software.

There is very little incentive for the coders to do their job since empty block still rewards 25 BTC if I am not mistaken.

AntPool keeps the transaction fees, not the 25BTC from the block.  Empty block = no transaction fees.  They have plenty of incentive.

[hawkfish007]

The short answer is empty blocks are caused by lazy coding shortcuts in pool software.

There is very little incentive for the coders to do their job since empty block still rewards 25 BTC if I am not mistaken.

AntPool keeps the transaction fees, not the 25BTC from the block.  Empty block = no transaction fees.  They have plenty of incentive.

Unless they are their own customers. Anyways, they should also reap the benefit of extra fees.

[Legacy2005]

generally it is lazy coders. The lazyness results in empty blocks because it is easier to code as well as "faster".

when the code is poorly written it takes time to fill the blocks. this time is minute when looked at individually but when you look at that time overall it stacks up.

[clgrissom3]

Kano and -ck have proven time and time again that your pool software coded smartly and correctly can take those extra milliseconds to pull in max fees as WELL AS be the fastest code out there.

Edit:  If those lazy coders on the other pools were just hurting themselves, I'd say just let them wallow in the cesspool they've created and we do our own thing.  The problem is the crap they are creating is dragging the bitcoin system down with them with the huge influx of zero fee blocks.  We are all feeling the sting of it every time we have to wait hours for confirmations or watch our transactions fail.

[Mikestang]

I am mining solo via ckpool, but also mine here at kano.is. - I think of kano.is and ckpool as the same thing. Sorry.

Both kano.is and solo.ckpool.org use ckpool, but neither one is ckpool itself if that makes sense.  ckpool is open sourced and lots of people use it across the network.

If I had a say in the bitcoin core code I would have implemented minimum transactions to be included in each valid block when the mempool is > 0 (i.e. always).

[bitmine49]

Thanks for the reply. It does seem that 1 - a min transaction should be part of the block. or just a 5 hr ban from mining (including pools) when an empty block is mined.

[Legacy2005]

I am mining solo via ckpool, but also mine here at kano.is. - I think of kano.is and ckpool as the same thing. Sorry.

Both kano.is and solo.ckpool.org use ckpool, but neither one is ckpool itself if that makes sense.  ckpool is open sourced and lots of people use it across the network.

If I had a say in the bitcoin core code I would have implemented minimum transactions to be included in each valid block when the mempool is > 0 (i.e. always).

i think the fact that at the start of the universe of bitcoin there were no transactions therefore they couldnt hardcode a min amount to start with. But hopefully as the blockchain progresses the devs will see that empty blocks are a disease that will kill btc if left unchecked and they will modify the code to force a block to have transactions to be considered valid.

if they implemented this i think we would see a large change in the hash distribution as the large china pools would suddenly become outdated and not producing blocks.

[clgrissom3]

Thanks for the reply. It does seem that 1 - a min transaction should be part of the block. or just a 5 hr ban from mining (including pools) when an empty block is mined.

Haha!  I long for the day when this could be enforced!