KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks

[yslyung]

can't wait for my turn ! ~node~

go go go K pool !

[moe7865]

4PH added to the pool by me  
This will be  permanently unless machines become unprofitable.
It's a mixture of machines and rentals  
About 2PH machines and 2PH in permanent rentals for the month
Happy mining !!!
and lets hope i add some blocks

[AriesIV10]

4PH added to the pool by me  
This will be  permanently unless machines become unprofitable.
It's a mixture of machines and rentals  
About 2PH machines and 2PH in permanent rentals for the month
Happy mining !!!
and lets hope i add some blocks

Bring it Buddy! 

[wmabern]

4PH added to the pool by me  
This will be  permanently unless machines become unprofitable.
It's a mixture of machines and rentals  
About 2PH machines and 2PH in permanent rentals for the month
Happy mining !!!
and lets hope i add some blocks

Most excellent!!!!
Thank you and may we all benefit!! 

Let's make this a six or seven block day!!!

[HagssFIN]

...
If anyone tries it out and compares the DK and NL nodes from wherever they, let me know how it fares for you.

Here are the latency values in Vaasa, Finland.
NL and DE are pretty much equally as good, DK latency is little bigger.

[firetreeactual]

Really nice way to wake up and IV...uh, sip...my coffee. Thanks, HagssFIN for the checkout. Looks like it will work well.

I've tried testing all the nodes, but because of where I am and the network I'm on (Oceanic Time Warner) I don't get any better ping times or latency than on the main node. Being 5,000 km from the nearest continental land mass can limit one's options...but I'm glad I'm also just a couple of clicks down the road from the Pacific Missile Range Facility...the Internet infrastructure here is stronger than many urban environs on the mainland. I thought about that when I decided to move to one of the most remote tropical islands...and the most remote village on that island...on the planet.

I love it when a plan comes together. Mahalo nui loa, Kano & CK, for who you are and what you do for everyone.

Now I just have to hunker down some more and save up for an S9.

[AriesIV10]

Here is some analysis that I have noticed for me.  I have to apologize upfront for showing my cash flow openly.  I am wanting to help those in their analytics and to solidify mine.  I do have a couple more S9s at another location but are not included in these numbers:

8 S9s, 43 S7s and 27 PSUs (~300TH/s).

Average Blocks per day over the past 4 months (got this from Phillip - Thanks):
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Today July 12, 2016 my pool (Kano.is) has hit 4 blocks so far totaling $218.55 in my farm of ~300TH/s:  $218.55/4=$54.64 per block;  $54.64 x 4.275 ave per day = $233.58 ave per day;  $233.58 * 30 days per month = $7007.26 ave profit per month.


Payments per month:
27 Miners and 27 PSUs = $80 x 27 = $2,160.00 Colocation and Maint Costs
24 Miners and 24 Rented PSUs ($5 each) = $85 x 24 = $2,040 Colocation and Maint Costs
Total Cost for 51 Miners, 27 owned PSUs and 24 Rented PSUs = $4,200.00

Profits per month = $7,007.26
Colo and Maint per mo = $4,200.00

Net = $2,807.26

I am hoping that these numbers will help others see that mining is still profitable.

[wolfen]

Saw that the s9s sold out again. Is there a place to buy them?

[wmabern]

Saw that the s9s sold out again. Is there a place to buy them?

I wish people would stop buying them at that price so they will finally lower the price.  

EDIT: You can find way over-priced S9's on Amazon and Ebay.

[flameruk]

Now for the expanding world of kano.is nodes ...

I've added another new node nl.kano.is in amsterdam, that anyone can mine to

This is somewhat of an attempt at a replacement for the DK node, but both will run in parallel for a short while.
If I do (probably) end up shutting down the DK node, I'll simply point DK to NL

DK has been a little unreliable, and one of the initial things that the provider said about upgrading their out of date KVM software, they still haven't done, so the NL node is a better performer than the DK node.

If anyone tries it out and compares the DK and NL nodes from wherever they, let me know how it fares for you.

Hi Kano, hope you are well.
I'm mining to the DK node so I'll change them to NL now.
I'll let you know if there are any issues.

[flameruk]

Saw that the s9s sold out again. Is there a place to buy them?

I wish people would stop buying them at that price so they will finally lower the price.  

EDIT: You can find way over-priced S9's on Amazon and Ebay.

$50 cheaper on openbaazar.
Hope they do drop in price, really want one or two or three or four .....
Just can't justify the price at the moment.

[citronick]

Here is some analysis that I have noticed for me.  I have to apologize upfront for showing my cash flow openly.  I am wanting to help those in their analytics and to solidify mine.  I do have a couple more S9s at another location but are not included in these numbers:

8 S9s, 43 S7s and 27 PSUs (~300TH/s).

Average Blocks per day over the past 4 months (got this from Phillip - Thanks):
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Today July 12, 2016 my pool (Kano.is) has hit 4 blocks so far totaling $218.55 in my farm of ~300TH/s:  $218.55/4=$54.64 per block;  $54.64 x 4.275 ave per day = $233.58 ave per day;  $233.58 * 30 days per month = $7007.26 ave profit per month.


Payments per month:
27 Miners and 27 PSUs = $80 x 27 = $2,160.00 Colocation and Maint Costs
24 Miners and 24 Rented PSUs ($5 each) = $85 x 24 = $2,040 Colocation and Maint Costs
Total Cost for 51 Miners, 27 owned PSUs and 24 Rented PSUs = $4,200.00

Profits per month = $7,007.26
Colo and Maint per mo = $4,200.00

Net = $2,807.26

I am hoping that these numbers will help others see that mining is still profitable.

This nett profit will be true, assuming you have ROIed the Antminers.

Otherwise the true profits will be long time coming (ie. ROI period is too long)

I think this is why many are jittery in making that investment in BTC mining, in general, in my humble opinion.

[firetreeactual]

Saw that the s9s sold out again. Is there a place to buy them?

I wish people would stop buying them at that price so they will finally lower the price.  

EDIT: You can find way over-priced S9's on Amazon and Ebay.

Yup...I've seen them for as much as US$2800. Nuts. I'm keeping in mind the same thing...same profile...happened with the S7s. Patience, Grasshoppers...

Re ROI...I don't buy a piece of hardware (miner) until I've accumulated enough btc to pay for it from existing ops. My original cash investment was ROI back in December. All since then has been born of the predecessors. I simply see it as investment. AriesIV10 put it pretty clearly, and it basically matches my numbers (except for the volume, of course...although back in the 80s, if there had been a Bitcoin then, I would have given him a run for it).

Adding only one S9 to my DC gang would double my net, as part of my hash is free powered. I withhold a certain percentage of all received rewards for a "power reserve" to make the 90-day payment for amps and psu's. I had been holding 25%, then lowered it to 16% (before the halving) due to good rewards; I'm now putting it back to 25%, which is interestingly not double the 16%...but it looks like it'll work for where my costs are centered. So...the halving is what it is, but what it is not is earth-fracturing. 

[philipma1957]

Well we are a lot off topic ,but find some one with cheap power or die may be the tune for a lot of us.

I went all s-9  paid high money for the five. earned back 3.5 coins so far.  But I am now far ahead of the power curve and will play the waiting

game.

and most of my power is low cost.

[citronick]

Well we are a lot off topic ,but find some one with cheap power or die may be the tune for a lot of us.

I went all s-9  paid high money for the five. earned back 3.5 coins so far.  But I am now far ahead of the power curve and will play the waiting

game.

and most of my power is low cost.

Your solar farm, I think is the best strategy moving forward - sure it has pros and cons.

If you ever thinking of doing the hosting business, let me know   

[philipma1957]

Well we are a lot off topic ,but find some one with cheap power or die may be the tune for a lot of us.

I went all s-9  paid high money for the five. earned back 3.5 coins so far.  But I am now far ahead of the power curve and will play the waiting

game.

and most of my power is low cost.

Your solar farm, I think is the best strategy moving forward - sure it has pros and cons.

If you ever thinking of doing the hosting business, let me know   

I would love to  and that is the con of the solar array  is big for private array  2 acres plus the home's roof and the barn's roof.  with all that room we don't have as much power as we want.

  I was talking with two investors about a 40 acre farm  and the single most killing factor is the New York State laws against bitcoin. We are in New Jersey and we fear NJ may pass the same laws  that would basically make hosting btc or alt coins a crime if done large scale (a 40 acre solar array would be large scale).
    40 acre farm would be 2.6 mega watts peak which is 400kwatts to 500kwatts  24/7/365 days  or 4000 to 5000th   say 4 ph.

That = $$$   one $ for the gear and $$ for the array.  At wholesale the 40 acre  array is 1.3 to 1.5 million  and the s-9s are 200k psu's

and a building ,wires net etc we are pushing 2 million.   Then the NJ state say no and poof  to a lot of money.

This scale op does not get the rebates that the smaller array gets.  So the bigger money guys are dragging feet.

But If you are smaller and have the right setup it is viable.  Varies state to state

[813bits]

Here is some analysis that I have noticed for me.  I have to apologize upfront for showing my cash flow openly.  I am wanting to help those in their analytics and to solidify mine.  I do have a couple more S9s at another location but are not included in these numbers:

8 S9s, 43 S7s and 27 PSUs (~300TH/s).

Average Blocks per day over the past 4 months (got this from Phillip - Thanks):
* Mar 2016, 129 Blocks, 4.16 Blks/Day
* Apr 2016, 134 Blocks, 4.47 Blks/Day
* May 2016, 126 Blocks, 4.07 Blks/Day
* Jun 2016, 132 Blocks, 4.40 Blks/Day

4.275 average blocks per day

Today July 12, 2016 my pool (Kano.is) has hit 4 blocks so far totaling $218.55 in my farm of ~300TH/s:  $218.55/4=$54.64 per block;  $54.64 x 4.275 ave per day = $233.58 ave per day;  $233.58 * 30 days per month = $7007.26 ave profit per month.


Payments per month:
27 Miners and 27 PSUs = $80 x 27 = $2,160.00 Colocation and Maint Costs
24 Miners and 24 Rented PSUs ($5 each) = $85 x 24 = $2,040 Colocation and Maint Costs
Total Cost for 51 Miners, 27 owned PSUs and 24 Rented PSUs = $4,200.00

Profits per month = $7,007.26
Colo and Maint per mo = $4,200.00

Net = $2,807.26

I am hoping that these numbers will help others see that mining is still profitable.

..and if I wanted to achieve a net profit of $2,807.26 per month, I would have to spend roughly $38,500 (see below for fuzzy math).

8 S9's @ $1975 ea = $15,800
43 S7's @ $440 ea = $18,920
27 PSU's @ $140 ea = $3,780

38,500 / 2,807.26 = 13.71 months to ROI

Now obviously there are 3 pretty big variables that play into the monthly cash flow and we all know what they are, so I am not going to regurgitate them.  If the price of BTC drops to $330, then your ROI goes from 13.71 months to infinity, but at the end of the day that analysis comes down to when you choose to exchange your BTC for USD.  You can run at a loss for years and then BTC jumps to $2,000 and then all of a sudden you were a genius;-)

I am a profitable miner and not trying to knock mining, but there are so many variables that dictate profitability, and everyone has a different strategy.  

[813bits]

I would love to  and that is the con of the solar array  is big for private array  2 acres plus the home's roof and the barn's roof.  with all that room we don't have as much power as we want.

  I was talking with two investors about a 40 acre farm  and the single most killing factor is the New York State laws against bitcoin. We are in New Jersey and we fear NJ may pass the same laws  that would basically make hosting btc or alt coins a crime if done large scale (a 40 acre solar array would be large scale).
    40 acre farm would be 2.6 mega watts peak which is 400kwatts to 500kwatts  24/7/365 days  or 4000 to 5000th   say 4 ph.

That = $$$   one $ for the gear and $$ for the array.  At wholesale the 40 acre  array is 1.3 to 1.5 million  and the s-9s are 200k psu's

and a building ,wires net etc we are pushing 2 million.   Then the NJ state say no and poof  to a lot of money.

This scale op does not get the rebates that the smaller array gets.  So the bigger money guys are dragging feet.

But If you are smaller and have the right setup it is viable.  Varies state to state

This screams hosting business to me rather than mining business.  Just on the back of a napkin I see $2,914 p/day mining @ $660 p/BTC vs $26,666 p/day hosting @ $80 p/s9.  If my fuzzy math hasn't failed me, then a 2 million $ investment in a 40 acre site hosting 333 S9's (4000 TH / 12 TH = 333 S9's) would ROI in 75 days...that ain't bad at all.  And if that math is right (which I am about to pivot to Excel), I may be out looking for 40 acre parcels and investors in FL tomorrow.

[AriesIV10]

I would love to  and that is the con of the solar array  is big for private array  2 acres plus the home's roof and the barn's roof.  with all that room we don't have as much power as we want.

  I was talking with two investors about a 40 acre farm  and the single most killing factor is the New York State laws against bitcoin. We are in New Jersey and we fear NJ may pass the same laws  that would basically make hosting btc or alt coins a crime if done large scale (a 40 acre solar array would be large scale).
    40 acre farm would be 2.6 mega watts peak which is 400kwatts to 500kwatts  24/7/365 days  or 4000 to 5000th   say 4 ph.

That = $$$   one $ for the gear and $$ for the array.  At wholesale the 40 acre  array is 1.3 to 1.5 million  and the s-9s are 200k psu's

and a building ,wires net etc we are pushing 2 million.   Then the NJ state say no and poof  to a lot of money.

This scale op does not get the rebates that the smaller array gets.  So the bigger money guys are dragging feet.

But If you are smaller and have the right setup it is viable.  Varies state to state

This screams hosting business to me rather than mining business.  Just on the back of a napkin I see $2,914 p/day mining @ $660 p/BTC vs $26,666 p/day hosting @ $80 p/s9.  If my fuzzy math hasn't failed me, then a 2 million $ investment in a 40 acre site hosting 333 S9's (4000 TH / 12 TH = 333 S9's) would ROI in 75 days...that ain't bad at all.  And if that math is right (which I am about to pivot to Excel), I may be out looking for 40 acre parcels and investors in FL tomorrow.

I AGREE!  Hosting + Mining is even MORE profitable!  The problem is someone there with experience to manage the place.  The place being Washington State.  I am seriously thinking about buying a warehouse and setting up shop.  I have the ability of relocating for a while to get a place setup.

[wmabern]

Hey, Mr. Block, come on down, damn it! 

One more before the days mining comes to a close.