philipma1957
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Activity: 4256
Merit: 8606
'The right to privacy matters'
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November 13, 2016, 04:44:33 PM |
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I think the election results will not be as surprising as the way he runs the office.
I will leave it at that.
At Kano are you going to get a few Avalon 7s for prizes?
The gear goes on order soon.
Has anyone ordered it or use it yet. I know I am going to,get a few.
Thanks to kano, I have made some early interactions with xiangfu, jon and team for the A7s. Canaan sales team (Ms Angela) has confirmed by email my intention to purchase xx units of A7 this week and prepared my invoice early. I still need to do the actual order coming 14th Nov though through their portal. Ensure you have account created to start the order process. You may drop Angela an email for more information. angela@canaan.ioMs. Angela, Canaan Sales TEL: +86 13681022683 Skype: auspiciouslu I am sending an email today. Thanks.
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blockchainmines
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Activity: 84
Merit: 10
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November 13, 2016, 07:28:40 PM |
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So has this pool upgraded to SegWits? I think this is a total BS solution to the congestion problem. This is allowing third party companies like lightning network to come in and start creating off chain transactions which are taking away from our transaction fees/rewards. So we do all the work in mining yet they get an path to make a ton of money on bitcoin transactions without creating any kind of mining infrastructure which costs all of us a lot of money. For some of us this is our livelihood. Unless I am misunderstanding SegWits and lightning network which I do not think I am, this is going to screw us the miners in the end. Every time bitcoin halves the transaction fees become more and more of player. SegWits will take this away from us and we will start to see most of our rewards right at or under 12.5 after the .9% fee is taken out. I think if you wants faster transactions, then you just have to pay a higher transaction fee. Sorry, but I don't work for UNICEF and in my case this is my livelihood so I am firmly against how they are handling this. I would rather see a change in the code the allows for larger blocks and keep everything on chain.
So what does everyone else think? Am I misunderstanding this or do I have it right?
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blockchainmines
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Activity: 84
Merit: 10
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November 13, 2016, 07:30:06 PM |
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As the web site says at the moment if you try to login: "Logins currently disabled" Another web bot password guesser was trying passwords, so logins are currently disabled.
crap I better change mine from test1234
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kano (OP)
Legendary
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Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
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November 14, 2016, 12:10:52 AM |
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So has this pool upgraded to SegWits? I think this is a total BS solution to the congestion problem. This is allowing third party companies like lightning network to come in and start creating off chain transactions which are taking away from our transaction fees/rewards. So we do all the work in mining yet they get an path to make a ton of money on bitcoin transactions without creating any kind of mining infrastructure which costs all of us a lot of money. For some of us this is our livelihood. Unless I am misunderstanding SegWits and lightning network which I do not think I am, this is going to screw us the miners in the end. Every time bitcoin halves the transaction fees become more and more of player. SegWits will take this away from us and we will start to see most of our rewards right at or under 12.5 after the .9% fee is taken out. I think if you wants faster transactions, then you just have to pay a higher transaction fee. Sorry, but I don't work for UNICEF and in my case this is my livelihood so I am firmly against how they are handling this. I would rather see a change in the code the allows for larger blocks and keep everything on chain.
So what does everyone else think? Am I misunderstanding this or do I have it right?
Yeah this is basically what I've posted before ... and it would seem there's another increase in the list of segwit hidden size increases that supposedly don't exist according to the bitcoin devs ... Every coinbase transaction that includes segwit will be quite a bit bigger. Some bitcoin dev submitted a segwit change to ckpool ... that crashes ckdb for someone else running ckdb (not for me) coz ckdb has a 256 hex byte size limit for coinbase2 in the database. Of course the bitcoin dev submitted code change didn't provide any changes for ckdb ... I'll do that properly today at some time I guess. I guess more bitcoin devs don't understand the increases that segwit causes ... gmaxwell doesn't understand how databases work when he falsely claims there's no per-transaction storage increase. Now the coinbase transaction is bigger also. In ckpool/ckdb we have a structure called the workinfo, that's the break down of the common data required for all stratum work sent to miners. One part of that is what we call coinbase2 - it's got a limit of 256 hex bytes. Since 1-Mar this year, in all work, coinbase2 has been 196 hex bytes. segwit has put coinbase2 over 256 hex bytes - more than 30% bigger ... Really the biggest problem with segwit and sidechains is that people wont realise that no one should use it. What it really will allow is for people to create altcoins and tie them 'loosely' to bitcoin and thus claim they are part of bitcoin. I can assure you the next flood of scam altcoins will be once segwit and sidechains become available. However, the reality would actually be that no company who would want their own altcoin would make any sense to make it a sidechain. As an example I gave before, if starbucks wanted their own coin to use at starbucks, it would only make sense for it to be a standalone altcoin. You buy starbuckcoins at a fixed $ vs coin rate so starbucks knows that the variations of the price of bitcoin do not mean they are suddenly gaining or losing money out of their control. They'd set a fixed price for $ vs their starbuckscoin and know what amount of starbuckcoins are out there and what they are worth (and would control the amount of them available themselves) Bitcoin is the ultimate version of insider trading where people with bitcoins can affect the price of bitcoins and of course there's no control over that - which is also, of course, how bitcoin should be
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Biodom
Legendary
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Activity: 3892
Merit: 4349
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November 14, 2016, 12:34:36 AM |
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So has this pool upgraded to SegWits? I think this is a total BS solution to the congestion problem. This is allowing third party companies like lightning network to come in and start creating off chain transactions which are taking away from our transaction fees/rewards. So we do all the work in mining yet they get an path to make a ton of money on bitcoin transactions without creating any kind of mining infrastructure which costs all of us a lot of money. For some of us this is our livelihood. Unless I am misunderstanding SegWits and lightning network which I do not think I am, this is going to screw us the miners in the end. Every time bitcoin halves the transaction fees become more and more of player. SegWits will take this away from us and we will start to see most of our rewards right at or under 12.5 after the .9% fee is taken out. I think if you wants faster transactions, then you just have to pay a higher transaction fee. Sorry, but I don't work for UNICEF and in my case this is my livelihood so I am firmly against how they are handling this. I would rather see a change in the code the allows for larger blocks and keep everything on chain.
So what does everyone else think? Am I misunderstanding this or do I have it right?
apart from what kano posted about altcoins being encouraged by segwit, my understanding is that there is more space per block, so even with slightly smaller price fees will come as more or less the same. While if you change blocksize to 2, 4, 8mb, then fees will be cheaper per transaction due to more "empty" space, so you will not be ahead anyway, or at least for a while. My understanding is LN is more like POS, not POW, which is good for those with some btc because it will allow you to probably earn something (like an interest) on saved/bought btc. TL;DR you will NOT get more fees with larger blocks as you will get less fee/tx.
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kano (OP)
Legendary
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Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
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November 14, 2016, 09:44:19 AM |
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Block! by mdefehr
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philipma1957
Legendary
Offline
Activity: 4256
Merit: 8606
'The right to privacy matters'
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November 14, 2016, 02:21:37 PM |
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So has this pool upgraded to SegWits? I think this is a total BS solution to the congestion problem. This is allowing third party companies like lightning network to come in and start creating off chain transactions which are taking away from our transaction fees/rewards. So we do all the work in mining yet they get an path to make a ton of money on bitcoin transactions without creating any kind of mining infrastructure which costs all of us a lot of money. For some of us this is our livelihood. Unless I am misunderstanding SegWits and lightning network which I do not think I am, this is going to screw us the miners in the end. Every time bitcoin halves the transaction fees become more and more of player. SegWits will take this away from us and we will start to see most of our rewards right at or under 12.5 after the .9% fee is taken out. I think if you wants faster transactions, then you just have to pay a higher transaction fee. Sorry, but I don't work for UNICEF and in my case this is my livelihood so I am firmly against how they are handling this. I would rather see a change in the code the allows for larger blocks and keep everything on chain.
So what does everyone else think? Am I misunderstanding this or do I have it right?
apart from what kano posted about altcoins being encouraged by segwit, my understanding is that there is more space per block, so even with slightly smaller price fees will come as more or less the same. While if you change blocksize to 2, 4, 8mb, then fees will be cheaper per transaction due to more "empty" space, so you will not be ahead anyway, or at least for a while. My understanding is LN is more like POS, not POW, which is good for those with some btc because it will allow you to probably earn something (like an interest) on saved/bought btc. TL;DR you will NOT get more fees with larger blocks as you will get less fee/tx. It is really quite simple bitcoin can not work as a stand alone coin. Even with 2 to 4 to 8 to 16 mb. you get a daily max of 1,340,000 transactions then 2,680,000 transactions then 5,360,000 transactions then 10,720,000 transactions those are max per day and only would be that big if every transaction is 225 bytes. so any idea becomes a fail for growth other then alt coins. I have had the pleasure of being quoted in a signature see below:
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VRobb
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November 14, 2016, 07:23:35 PM Last edit: November 14, 2016, 07:39:43 PM by VRobb |
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Block! like an hour ago... Where is everybody? The world hasn't ended yet!
Cheers to jbalsley, looks like one of their S9's cracked the latest block! Is it time to buy the A7(21)'s?
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I don't believe in superstition because it's bad luck: 13thF1oor6CAwyzyxXPNnRvu3nhhYeqZdc These aren't the Droids you're looking for: S5 & S7 (Sold), R4B2, R4B4 (RIP), 2x S9 obsolete, 2xS15-28, S17-56, S17-70 Pushing a whopping 1/5 PH! Oh The SPEED!!!
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philipma1957
Legendary
Offline
Activity: 4256
Merit: 8606
'The right to privacy matters'
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November 14, 2016, 07:43:57 PM |
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Block! like an hour ago... Where is everybody? The world hasn't ended yet!
Cheers to jbalsley, looks like one of their S9's cracked the latest block! Is it time to buy the A7(21)'s?
I was painting at my friends house. but the avalons have yet to go on sale. I just checked.
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firetreeactual
Legendary
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Activity: 952
Merit: 1003
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November 14, 2016, 07:46:02 PM |
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Block! like an hour ago... Where is everybody? The world hasn't ended yet!
Cheers to jbalsley, looks like one of their S9's cracked the latest block! Is it time to buy the A7(21)'s?
Well...frankly...if I could right now, I would (buy an A7). Gotta save up a bit more btc, though. Nice to see an S9 be productive in any case. We seem to be doing quite OK. My replacement A6 (and an RPi) are on the truck...and Sky Pilot's new milspec service dog vest should be at the PO...feels like Christmas... Mine on!
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To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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kano (OP)
Legendary
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Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
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November 14, 2016, 07:53:56 PM |
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Anyone mining on the SG node, it lost connection with the USA for 12 minutes from 08:30 to 08:42 UTC All OK again
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philipma1957
Legendary
Offline
Activity: 4256
Merit: 8606
'The right to privacy matters'
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November 14, 2016, 11:03:29 PM |
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I think the election results will not be as surprising as the way he runs the office.
I will leave it at that.
At Kano are you going to get a few Avalon 7s for prizes?
The gear goes on order soon.
Has anyone ordered it or use it yet. I know I am going to,get a few.
Thanks to kano, I have made some early interactions with xiangfu, jon and team for the A7s. Canaan sales team (Ms Angela) has confirmed by email my intention to purchase xx units of A7 this week and prepared my invoice early. I still need to do the actual order coming 14th Nov though through their portal. Ensure you have account created to start the order process. You may drop Angela an email for more information. angela@canaan.ioMs. Angela, Canaan Sales TEL: +86 13681022683 Skype: auspiciouslu Sent email no reply and no sign of sales on the website or twitter. Why bother making the announcement? So tired of asic sellers. Always late. Not like they don't have the gear.
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paramind22
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November 14, 2016, 11:13:36 PM Last edit: November 14, 2016, 11:47:11 PM by paramind22 |
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Sorry if this was asked before but when a thread has 1049 pages, doing your homework can be a bit tiresome. I even googled it and didn't find it. How long does it take for one's account to be registering in CKPool? My Kano.is account is also just about 2.5 hours old now. I did everything that I understood it said, like creating a worker for each machine but I didn't seem to be getting any readings on pool interface, just in the text box area it said I was mining and getting shares and my hashrate. I am pointing my antminers to http://stratum.kano.is:3333, using btc addresses with _worker1, _worker2 I didn't register anything else on the pool interface, usual sign-up log in procedures.
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daemondazz
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November 14, 2016, 11:17:38 PM |
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Sorry if this was asked before but when a thread has 1049 pages, doing your homework can be a bit tiresome. I even googled it and didn't find it. How long does it take for one's account to be registering in the CKPool Monitor? My Kano.is account is also just about 2.5 hours old now. I did everything that I understood it said, like creating a worker for each machine but I didn't seem to be getting any readings on poor interface, just in the text box area it said I was mining and getting shares and my hashrate. I am pointing my antminers to http://stratum.kano.is:3333, using btc addresses with _worker1, _worker2 I didn't register anything else on the pool interface, usual sign-up log in procedures. There appears to be an issue with the iphone application at the moment: https://bitcointalk.org/index.php?topic=1344360.msg16877188#msg16877188
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Computers, Amateur Radio, Electronics, Aviation - 1dazzrAbMqNu6cUwh2dtYckNygG7jKs8S
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paramind22
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November 14, 2016, 11:46:44 PM |
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Sorry if this was asked before but when a thread has 1049 pages, doing your homework can be a bit tiresome. I even googled it and didn't find it. How long does it take for one's account to be registering in the CKPool? My Kano.is account is also just about 2.5 hours old now. I did everything that I understood it said, like creating a worker for each machine but I didn't seem to be getting any readings on pool interface, just in the text box area it said I was mining and getting shares and my hashrate. I am pointing my antminers to http://stratum.kano.is:3333, using btc addresses with _worker1, _worker2 I didn't register anything else on the pool interface, usual sign-up log in procedures. There appears to be an issue with the iphone application at the moment: https://bitcointalk.org/index.php?topic=1344360.msg16877188#msg16877188Sorry, I was reusing a post on the monitor thread. This is just about first time user hookup in an Antminer s3....it seems to be registering but not with the website interface and not with other apps like the CKPool Monitor. I've edited it to make it more appropriate.
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citronick
Legendary
Offline
Activity: 1834
Merit: 1080
---- winter*juvia -----
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November 15, 2016, 02:11:24 AM |
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I think the election results will not be as surprising as the way he runs the office.
I will leave it at that.
At Kano are you going to get a few Avalon 7s for prizes?
The gear goes on order soon.
Has anyone ordered it or use it yet. I know I am going to,get a few.
Thanks to kano, I have made some early interactions with xiangfu, jon and team for the A7s. Canaan sales team (Ms Angela) has confirmed by email my intention to purchase xx units of A7 this week and prepared my invoice early. I still need to do the actual order coming 14th Nov though through their portal. Ensure you have account created to start the order process. You may drop Angela an email for more information. angela@canaan.ioMs. Angela, Canaan Sales TEL: +86 13681022683 Skype: auspiciouslu Sent email no reply and no sign of sales on the website or twitter. Why bother making the announcement? So tired of asic sellers. Always late. Not like they don't have the gear. Got a message from Jon Philips ".... hang on tight". Hope they meet their announcement promise - in any new product launch - timing is everything.
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If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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elokk
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November 15, 2016, 02:51:54 AM |
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YOU CAN ORDER NOW.....
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t.me/bitcoinasic
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kano (OP)
Legendary
Offline
Activity: 4592
Merit: 1851
Linux since 1997 RedHat 4
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November 15, 2016, 03:09:41 AM |
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Sorry if this was asked before but when a thread has 1049 pages, doing your homework can be a bit tiresome. I even googled it and didn't find it. How long does it take for one's account to be registering in the CKPool? My Kano.is account is also just about 2.5 hours old now. I did everything that I understood it said, like creating a worker for each machine but I didn't seem to be getting any readings on pool interface, just in the text box area it said I was mining and getting shares and my hashrate. I am pointing my antminers to http://stratum.kano.is:3333, using btc addresses with _worker1, _worker2 I didn't register anything else on the pool interface, usual sign-up log in procedures. There appears to be an issue with the iphone application at the moment: https://bitcointalk.org/index.php?topic=1344360.msg16877188#msg16877188Sorry, I was reusing a post on the monitor thread. This is just about first time user hookup in an Antminer s3....it seems to be registering but not with the website interface and not with other apps like the CKPool Monitor. I've edited it to make it more appropriate. There's no "registration" time delay If you successfully create an account on the web site i.e. can login to it, then you can mine to it. If, instead, you mine to a BTC address, there's nothing to do in advance, it will just work ... as long as it's a valid BTC address
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firetreeactual
Legendary
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Activity: 952
Merit: 1003
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November 15, 2016, 03:21:23 AM |
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Uh...maybe I misread something, but...you can't append a worker name after a BTC address, can you? Don't you have to setup a user account, then workers?
I dunno...I've never mined direct to an address like that.
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To infinity and beyond...on two 741s and one of only 3...nope, make that 4...full nodes in Hawaii...on <30A. (I have other gear on the Hoth ice planet)
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philipma1957
Legendary
Offline
Activity: 4256
Merit: 8606
'The right to privacy matters'
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November 15, 2016, 03:27:34 AM |
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YOU CAN ORDER NOW..... I ordered 2 units and 1 controller I am waiting for payment instructions.
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