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

[bronder]

Which is better for an S5 miner, to put it on a mining pool like KanoPool or rent it out thru MRR,ebay,etc?

[stormwind]

Which is better for an S5 miner, to put it on a mining pool like KanoPool or rent it out thru MRR,ebay,etc?

Sell it, and buy a S9 or T9!

[clgrissom3]

Block! by gre3dz
S9v1

Our 3rd on the 3rd!  Gotta love it!

gre3dz with 109TH/s and wittali with 84TH/s...welcome both of you to the Acclaim Board with your 1st Kano block!  

Great contribution along with blockmines to BLOCK SATURDAY!

[clgrissom3]

Always nice to have 2 blocks during dinner

wittali S9v2 (3 payouts)
blockmines S9v2 (1 payout)

Indeed! Great meeting up with the legendary kano and breaking bread. Block alerts going off on your phone during dinner was a nice musical accompaniment. I still say we got to get a meet and greet going in Oz someday with all of the unusual suspects!
To use the vernacular, dinner with kano was bonzers!

Sounds like you guys had a blast!

[SaBit]

Which is better for an S5 miner, to put it on a mining pool like KanoPool or rent it out thru MRR,ebay,etc?

Kano is a great pool, but  not for a single S5. You would probably be better off with a pool that does consolidated payouts because the transaction fees to move your earnings  will be very high compared to your earnings

[philipma1957]

Which is better for an S5 miner, to put it on a mining pool like KanoPool or rent it out thru MRR,ebay,etc?

Kano is a great pool, but  not for a single S5. You would probably be better off with a pool that does consolidated payouts because the transaction fees to move your earnings  will be very high compared to your earnings

A single s-5  does not belong here..  Pm me for other pool choices.  there are three or four that are okay.

[firetreeactual]

Which is better for an S5 miner, to put it on a mining pool like KanoPool or rent it out thru MRR,ebay,etc?

Kano is a great pool, but  not for a single S5. You would probably be better off with a pool that does consolidated payouts because the transaction fees to move your earnings  will be very high compared to your earnings

A single s-5  does not belong here..  Pm me for other pool choices.  there are three or four that are okay.

Agreed, Phil. Many of us have "been there" with minimal hardware and maximum drive...in the beginning, my partner and I put together our "mini pool" here with an S2 and two S3s (this was before Kano pool). We continued expanding to an A7, a 741, three S7s, and three A6s (which are idle for lack of amps, and serve as spares).

The point of it is that we can accommodate individuals with lightweight gear, have them mine to our address as a separate worker, and I do the accounting for the amount their hash earned on the total. I then send out payouts as there is enough accumulated to justify the expense. We only do this for people we know F2F, however (IOW, if there's a problem in their view they know where to find us). We also encourage them to "save up" and get gear that will make them independent. For these folks, it's not about income, but saving a secure base for the future that's fiat-independent.

FWIW. 

[cedarlug]

Block by blockmines

[kano]

Block by blockmines

S9v2
and 5 payouts

[clgrissom3]

Block by blockmines

S9v2
and 5 payouts

I knew as soon as I left to go to the building supply place the pool would light it up with our 4th on BLOCK SATURDAY!

[moe7865]

@kano would it be possible to add a minimum hash rate by the dust payments to show users what hash rate is needed to avoid getting only dust? maybe use an average block size of 13.5BTC and this formula should do it Pool hashrate x 0.0001(dust threshold) )/13.5(or whatever average block size you decide)

This will avoid users from mining with hash rates below the dust threshold and stop the questions from people of why they didn't get paid out.

I'm sure those with hash rates below 1TH will find this useful

What do you think @kano?

[kano]

@kano would it be possible to add a minimum hash rate by the dust payments to show users what hash rate is needed to avoid getting only dust? maybe use an average block size of 13.5BTC and this formula should do it Pool hashrate x 0.0001(dust threshold) )/13.5(or whatever average block size you decide)

This will avoid users from mining with hash rates below the dust threshold and stop the questions from people of why they didn't get paid out.

I'm sure those with hash rates below 1TH will find this useful

What do you think @kano?

Posted:
https://bitcointalk.org/index.php?topic=789369.msg19327650#msg19327650

Basically it's not really that much of an issue, coz if they mine below dust nothing happens ... and it's been that way forever

When that's done (in some far distant galaxy) it wont be an issue.
However, people mining with tiny miners ... well they're gonna get next to nothing on any pool, at least here when they finally get it, it will be worth something

[moe7865]

@kano would it be possible to add a minimum hash rate by the dust payments to show users what hash rate is needed to avoid getting only dust? maybe use an average block size of 13.5BTC and this formula should do it Pool hashrate x 0.0001(dust threshold) )/13.5(or whatever average block size you decide)

This will avoid users from mining with hash rates below the dust threshold and stop the questions from people of why they didn't get paid out.

I'm sure those with hash rates below 1TH will find this useful

What do you think @kano?

Posted:
https://bitcointalk.org/index.php?topic=789369.msg19327650#msg19327650

Basically it's not really that much of an issue, coz if they mine below dust nothing happens ... and it's been that way forever


When that's done (in some far distant galaxy) it wont be an issue.
However, people mining with tiny miners ... well they're gonna get next to nothing on any pool, at least here when they finally get it, it will be worth something

Thanks for the response man, can't wait till those new features are implemented

[ComputerGenie]

Hey all. Bitcoin will not remain popular if you dont signal segwit. Without the blocksize increase people will be pushed to alternatives. And if bitcoin loses its no1 spot, it will not look as appealing and that will reduce the value of the coins you mine. So just a heads up. Have a nice day.

Fanboy spam much? 

[clgrissom3]

Block by blockmines!  This is our 5th for BLOCK SATURDAY! 

[Biffa]

Everyone ready for the biggest difficulty jump since January? And the second biggest since Feb 2016?  

Got lube? 

[HannRa]

Yea, regarding those difficulty jumps. You may wanna signal segwit as well so as to help it get activated so that covert asicboost is removed. At least you know that your competition wont be able to use it then.

So lets deploy a complex anti-tank missile system to take down a bird?
Just give the code that disables covert ASICBOOST, and I don't think anyone would mind if Kano pool signaled in support.

How long can it take to provide this code? 10 minutes for 1 or 2 lines of code? I come to think the crazy UASF boys want to refrain from providing anti ASICBOOST code as a standalone fix so they can continue promoting SegWit as the solution. I'm not exactly sure where our pool leader stands. For me personally, signalling for SegWit activation as a standalone soft fork upgrade is a no-go. Signalling for NY agreement, or similar fork with broad consensus would be a much better action to take.

[Biffa]

Damn you put another crazy on ignore and someone comes along and quotes em 

I remember when I started mining bitcoin, I always thought it was cool that there was only a limited number of them and the plan that once we got down to the last few halvings and last coins were either gone or so few and far between they might as well be, well we would basically be mining for transaction fees alone. That always appealed to me. I don't see how introducing a tech that allows moving transaction fees off the blockchain and allowing other people to profit from it is going to keep miners, who lets face it, have been the life blood of this technology, interested for long.

Same reason why any miner with half a brain cell wouldn't mine at a pool that keeps the tx fees.

Something that increases the block size and decreases confirmation times sounds good though, but it would be ideal to accomplish that without a hard fork if possible

[HannRa]

I'm afraid Bitcoin still requires 2-3 hard forks until we get to a point of maturity where it's no longer required.
In terms of scaling alone, no single number for base block size will be ideal for eternity. To avoid having to fork multiple times in the future for this single reason, liquidating the block size with a BIP100-like solution would be a mandatory first hard fork to implement.

Did you check SegWit code? I don't understand much of it, do not program c++, but I can tell that monstrosity is HUGE for a soft fork . Just for safety reasons alone, it would make sense to attempt to trim 40% of code and release the exact same functionality as a kosher clean hard fork.

[firetreeactual]

I'm with Biffa on this one. That's always been the end game in my view...mining for tx fees. The other variables...spot, network activity, etc...only make it look a bit better.

Segwit is not the answer. I do code, and I don't like what I see. I think Kano and I share that view.