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NomadGroup
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April 25, 2017, 06:43:46 AM |
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OK, calling it 40+PH now  Woo being in the production line of multiple PH so far  42PH and climbing! . I just know that as soon as these 42PH hit a 5 day average my rewards will drop considerably.  Well we started the month at ~29 PH, so hopefully the added hash will mean increased blocks found. It should reduce the variance and make those red blocks take less time. I just added more hash to keep my payouts up. I started the month at ~85ths, now at 110ths with another T9 on the way. Thanks to all that GREEN  Nice! Looks like I'll have to put in another 40TH or so to keep the rewards relatively same as well! |
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beltsniffer
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April 25, 2017, 07:23:51 AM |
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Its going to be over 50PH sooner than you think Sweet! It would be nice to get back to that level! |
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rbnmth
Newbie
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Activity: 2
Merit: 0
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April 25, 2017, 12:24:57 PM |
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Block !
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BannedDK
Member
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Activity: 109
Merit: 10
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April 25, 2017, 12:26:01 PM |
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15,39btc!!
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-EOS-
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April 25, 2017, 12:29:05 PM |
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Nice Fat block!!!
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xxxgeniy
Member
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Activity: 89
Merit: 10
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April 25, 2017, 12:37:28 PM |
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2.89684337 Fees |
St.Lapland Farm
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kano (OP)
Legendary
Offline
Activity: 4508
Merit: 1819
Linux since 1997 RedHat 4
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April 25, 2017, 12:45:47 PM |
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OK, calling it 40+PH now Woo being in the production line of multiple PH so far 42PH and climbing! . I just know that as soon as these 42PH hit a 5 day average my rewards will drop considerably. Well we started the month at ~29 PH, so hopefully the added hash will mean increased blocks found. It should reduce the variance and make those red blocks take less time. I just added more hash to keep my payouts up. I started the month at ~85ths, now at 110ths with another T9 on the way. Thanks to all that GREEN Nice! Looks like I'll have to put in another 40TH or so to keep the rewards relatively same as well! Just in case there's any completely misplaced confusion in any of these posts ... Pool growth has no expected effect on your reward. You still are expected to get the same reward, since if your per block reward reduces, the expected number of blocks increases exactly in line to give the same expected result. |
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NotFuzzyWarm
Legendary
 Online
Activity: 3640
Merit: 2567
Evil beware: We have waffles!
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April 25, 2017, 12:48:53 PM |
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Damn that was a fat one! BTC15.25827178
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delicin33
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April 25, 2017, 01:06:26 PM |
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OK, calling it 40+PH now Woo being in the production line of multiple PH so far 42PH and climbing! . I just know that as soon as these 42PH hit a 5 day average my rewards will drop considerably. Well we started the month at ~29 PH, so hopefully the added hash will mean increased blocks found. It should reduce the variance and make those red blocks take less time. I just added more hash to keep my payouts up. I started the month at ~85ths, now at 110ths with another T9 on the way. Thanks to all that GREEN Nice! Looks like I'll have to put in another 40TH or so to keep the rewards relatively same as well! Just in case there's any completely misplaced confusion in any of these posts ... Pool growth has no expected effect on your reward. You still are expected to get the same reward, since if your per block reward reduces, the expected number of blocks increases exactly in line to give the same expected result. My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins  |
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smutboy420
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April 25, 2017, 01:30:47 PM |
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My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins Humm what do you spend them as fast as you get each payout? why not just save up a bunch of smaller payments in one wallet intill you have a bigger amount to spend on some thing? Or is there some thing im missing about this??? |
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blockchainmines
Member
Offline
Activity: 84
Merit: 10
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April 25, 2017, 01:31:51 PM |
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OK, calling it 40+PH now Woo being in the production line of multiple PH so far Great work on your pool. I for one cannot wait to see your pool hit the multi hundred PH range that is not in China. Not only that, where else will you find a pool as transparent, shares the transaction fees (the big five keep the transaction fees for themselves) and only charges .09% on the pool maintenance fee. We need more pools like yours to offset the ridiculous bitcoin mining foot print that is being held by just one Country. |
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blockchainmines
Member
Offline
Activity: 84
Merit: 10
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April 25, 2017, 01:39:05 PM |
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My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins Humm what do you spend them as fast as you get each payout? why not just save up a bunch of smaller payments in one wallet intill you have a bigger amount to spend on some thing? Or is there some thing im missing about this??? Considering that as the pool grows, rewards will become quantity, not quality. On that note, you are in the best place to mine anywhere in the bitcoin universe. We have mined in several other places and I can assure you that bitcoin is lucky to have someone like Kano on the pool development side. Having to get know Kano a bit better, I can assure you that you are in the best hands available. If we are willing to put our 6+ PH and quickly growing hashing power in his pool, you can rest assure that going anywhere else would be silly. Just my 2 cents. Mine on!!! |
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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April 25, 2017, 01:40:47 PM |
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Every day I wake up to good things here on this pool! Nice fees on that last one! |
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oawan
Member
Offline
Activity: 67
Merit: 10
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April 25, 2017, 02:55:18 PM |
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My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins Humm what do you spend them as fast as you get each payout? why not just save up a bunch of smaller payments in one wallet intill you have a bigger amount to spend on some thing? Or is there some thing im missing about this??? When the payments are received as many transactions, spending them takes more bytes which requires a larger transaction fee to get accepted into a block. But it sounds like Kano is already planning something |
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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April 25, 2017, 04:02:32 PM |
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My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins Humm what do you spend them as fast as you get each payout? why not just save up a bunch of smaller payments in one wallet intill you have a bigger amount to spend on some thing? Or is there some thing im missing about this??? When the payments are received as many transactions, spending them takes more bytes which requires a larger transaction fee to get accepted into a block. But it sounds like Kano is already planning something When you've built up a collections of small deposits, send it to another wallet as a low priority transaction using the lowest fees you can. It will take several hours but the wait is worth it. The deposit will be clean and ready to be used normally. |
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philipma1957
Legendary
Offline
Activity: 4130
Merit: 7912
'The right to privacy matters'
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April 25, 2017, 04:53:56 PM |
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My only concern is I will get more frequent small rewards which equal to much expensive fees when I spend my coins Humm what do you spend them as fast as you get each payout? why not just save up a bunch of smaller payments in one wallet intill you have a bigger amount to spend on some thing? Or is there some thing im missing about this??? When the payments are received as many transactions, spending them takes more bytes which requires a larger transaction fee to get accepted into a block. But it sounds like Kano is already planning something When you've built up a collections of small deposits, send it to another wallet as a low priority transaction using the lowest fees you can. It will take several hours but the wait is worth it. The deposit will be clean and ready to be used normally. there is a free service from a different pool. you put in the tx id of your send and they put it in the next block they hit. So for instance I have 0.176 btc in many deposits on my kano.is mining address. my bytes are 2500 The fee would be 0.005 btc maybe higher. in order to get to a 200 sat a byte level 0.00000200 per byte I would send it with a fee of 0.001 to lets say coin base. that is 40 sats a byte level or 0.00000040 I would then use the other pools service to speed up the transaction . Takes around 3-5 hours but I spend 0.001 vs 0.005 If I do this once every 10 days that would be 36 times a year I would spend 0.036 btc vs 0.180 btc in fees once in coinbase they consolidate and if I do a send from them it is 220-240 bytes they charge .00044 to 0.00048 that is 200 sats so they do not need to have the send sped up. |
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ComputerGenie
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April 25, 2017, 05:20:49 PM |
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there is a free service from a different pool...
I've used it a few times for purchase related transactions, but it's gotten popular enough that sometimes you have to try a few times over an extended period (as they only take so many per hour). |
If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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Biodom
Legendary
Offline
Activity: 3766
Merit: 3918
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April 25, 2017, 05:30:26 PM |
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there is a free service from a different pool...
I've used it a few times for purchase related transactions, but it's gotten popular enough that sometimes you have to try a few times over an extended period (as they only take so many per hour). right now the netwok is congested. i usually wait until it is not, then send with about 20 sat/byte. Only one time i had to repeat it. It is bizarre that software demands 240 sat/byte, but accepts 20 sat/byte. Something is screwy with 21co calculators. |
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philipma1957
Legendary
Offline
Activity: 4130
Merit: 7912
'The right to privacy matters'
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April 25, 2017, 05:34:22 PM |
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there is a free service from a different pool...
I've used it a few times for purchase related transactions, but it's gotten popular enough that sometimes you have to try a few times over an extended period (as they only take so many per hour). right now the netwok is congested. i usually wait until it is not, then send with about 20 sat/byte. Only one time i had to repeat it. It is bizarre that software demands 240 sat/byte, but accepts 20 sat/byte. Something is screwy with 21co calculators. yeah it is. and while I love hitting 14 and 15 coin blocks something has to give. |
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NomadGroup
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April 25, 2017, 07:25:44 PM |
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OK, calling it 40+PH now Woo being in the production line of multiple PH so far 42PH and climbing! . I just know that as soon as these 42PH hit a 5 day average my rewards will drop considerably. Well we started the month at ~29 PH, so hopefully the added hash will mean increased blocks found. It should reduce the variance and make those red blocks take less time. I just added more hash to keep my payouts up. I started the month at ~85ths, now at 110ths with another T9 on the way. Thanks to all that GREEN Nice! Looks like I'll have to put in another 40TH or so to keep the rewards relatively same as well! Just in case there's any completely misplaced confusion in any of these posts ... Pool growth has no expected effect on your reward. You still are expected to get the same reward, since if your per block reward reduces, the expected number of blocks increases exactly in line to give the same expected result. Yes I understand I just really hope that the number of blocks expected to be solved will indeed increase. |
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