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[rwubbels]

why this pool is not signal segwit? is this another one Jihan Pool?

Do a search buddy, it's been answered 1000 times.

[chek2fire]

and the more serious question is what this pool will do if segwit2x failed? Will follow Jihan fork or UASF?

[kano]

and the more serious question is what this pool will do if segwit2x failed? Will follow Jihan fork or UASF?

Stupid question.

How can segwit2x fail?
Almost every block supports it.
It will happen in 2 weeks.

Why on earth would anyone even care about USAF?
Bitcoin is peer2peer - not minority centralised control.

Miners control bitcoin - by design.
If you don't like that - go use or create some scam alt-coin.

[chek2fire]

there is a tight timeline. If they failed to upgrade to it or if Jihan block segwit activation in the last min then UASF will be active in 1 August. What this pool will do in this scenario? Because many pools seems to choose side right now and segwit has above 50% support the last days.

[kano]

there is a tight timeline. If they failed to upgrade to it or if Jihan block segwit activation in the last min then UASF will be active in 1 August. What this pool will do in this scenario? Because many pools seems to choose side right now and segwit has above 50% support the last days.

No it doesn't have 50%

... and segwit activation requires 95% ... so no where near what it needs.

Edit: and stop asking the same question over and over that I've already answered.
Yes I'll keep deleting your posts.

As for signalling - I don't need to signal anything - the pool is only 1.5% so has no effect on the majority.
All I need to do is have the pool code support generating blocks for the majority mining network if any change occurs.
Segwit/Segwit2x is bad for bitcoin - but if the vast majority of miners accept it, then that's what bitcoin is.

[clgrissom3]

Block! by Vasilisa916

Looks like we had some good action overnight!  Vasilisa916 with 82TH/s hits his 4th Kano block and izhenergo with 112TH/s hits his 1st Kano block!  Welcome to the Acclaim Board!

This is our 2nd of BLOCK FRIDAY!

[dzimmerm56]

My second S9 finally came! It is now added to the first S9 on Kano's pool.
Another reason to do a happy dance on Friday.
Now to save up for my third S9.....
Have a great weekend everyone.

dzimmerm

[clgrissom3]

Block by Biffa!

This is our 3rd of BLOCK FRIDAY 

[Biffa]

My 10th so far

[bronder]

How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.

[clgrissom3]

My 10th so far

So cool!  Congrats!

[overcon]

How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

If you have free hosting then you have no electric to cover like I do so you should be able to get going in no time at all as at the current Bitcoin exchange rate an S9 costs about .41 Bitcoin.

[MEARK]

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

[/quote]

Morning All:

I'm new to this game but reading reading reading and learning a lot in just a few days.  This forum has been super helpful so thanks to all the veterans!  My one measly S7 is mining in KanoPool and it makes me excited to expand with S9(s) as soon as possible.

So... if you could explain what you mean above by trading in alt coins to make more BTC, I'd really appreciate it!

Thanks!

*** See, I can't even seem to post quotes correctly.  Rookie mistake!

[overcon]

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

Morning All:

I'm new to this game but reading reading reading and learning a lot in just a few days.  This forum has been super helpful so thanks to all the veterans!  My one measly S7 is mining in KanoPool and it makes me excited to expand with S9(s) as soon as possible.

So... if you could explain what you mean above by trading in alt coins to make more BTC, I'd really appreciate it!

Thanks!

*** See, I can't even seem to post quotes correctly.  Rookie mistake!
[/quote]

Well, first off would be alt-coins. Those are all the other Crypto Coins out there that someone has created to be better, or have versatility, or have more anonymous features built in, or have features like smart contracts and stuff. Basically they started as a concept to compete against Bitcoin and do it better, or just try to make money on a growing market or whatever. People all have their own ideas on Alt Coins. But these are coins like Ethereum, Litecoing, Monero and 100's more (those are some of the most popular).

Next would be an Exchange. These are basically just Stock markets for alt-coin trading (and Bitcoin to USDT as well if you like). Poloniex, Bitcoin Exchange, BTCx, Kraken and many others. Once you setup an account there you can send your Bitcoin to them and then you can start trading. There are lots of ways to trade. Usually they have exchange markets for the main Alt-Coins. That would be like Monero as the base coin or Bitcoin or Ethereum or USDT (digital US Dollar).

But basically research what an Alt-Coin does, it's features, who uses it and why and then you can purchase them with the base coin, usually Bitcoin. The whole theory is to purchase them when they are low and sell when they are high. Most people do short term trading, but there are a lot of people that also do long term. Ethereum is a perfect example. It was up 4000 percent at one point last month, but all Alt-Coins were in a bubble while Bitcoin was going through the Segwit growth issue so people were investing in  the Alt-Coins just in case.

Anyway, I just watch the markets, read up on alt coins, watch to see if there are runs happening (when a lot of people start purchasing a coin and it goes up real fast) and try to purchase them when they are low and sell them when they get to a level I feel comfortable selling them before they start to go back down. I have actually made a lot of extra Bitcoin playing these markets, especially with Ethereum & Litecoin.

There are a lot of resources out there on them, I'd read up. Plus I think it's kind of fun. It's like playing the real stock market, without all the crazy brokerage fees and even if I don't make money every time, I always manage to grow my Bitcoin over time.

https://poloniex.com/ is the Exchange I use the most.

Everyone has their own opinions on these so don't take only my word for them a lot of people don't like alt coins and think they are scams, but I just play the markets to make more bitcoin and it's more fun than playing a video game or something which doesn't make you any money 

[firetreeactual]

How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

If you have free hosting then you have no electric to cover like I do so you should be able to get going in no time at all as at the current Bitcoin exchange rate an S9 costs about .41 Bitcoin.

If you actually have "free" hosting, there's no reason for you to not make money in the present market. I have a couple of 741s on free power here at home; there are 3 S7s in Labrador that I pay hosting on; and I'm sitting on a pile of S3s, an S2, and there's a 721 and another 741 looking for a power outlet.

To answer your basic question, though...I don't "set aside" anything, because I do not use my BTC income for general expenses; I save all my BTC for future needs. I may tap into it for an emergency expense, but that's it. If I need a "new" machine, there is generally enough there to buy it if I need to. Bottom line? 100% I guess.

I'm one of the "we don't need no stinking alt coins" folks, I'm afraid. I have no interest in that sort of trading, but I don't fault those who choose to. It's your fiat...so to speak...   

Mine on...

[MEARK]

Thanks, that was a helpful explanation.  I've been reading about the exchanges and other coins (mostly ETH and LTC) and I saw the big ETH crash last week.  Amazing to see the "wealth" vanish in a second.  

I thought you might have been talking about trading on an exchange, but I thought maybe you had a successful method you'd be willing to share some hints!    

I'll keep researching and may try to dabble in the markets a bit.  The idea of creating coins thru mining seems safer for my money than trying to buy low and sell high... I don't feel that lucky!

Thanks again

[philipma1957]

How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

If you have free hosting then you have no electric to cover like I do so you should be able to get going in no time at all as at the current Bitcoin exchange rate an S9 costs about .41 Bitcoin.

If you actually have "free" hosting, there's no reason for you to not make money in the present market. I have a couple of 741s on free power here at home; there are 3 S7s in Labrador that I pay hosting on; and I'm sitting on a pile of S3s, an S2, and there's a 721 and another 741 looking for a power outlet.

To answer your basic question, though...I don't "set aside" anything, because I do not use my BTC income for general expenses; I save all my BTC for future needs. I may tap into it for an emergency expense, but that's it. If I need a "new" machine, there is generally enough there to buy it if I need to. Bottom line? 100% I guess.

I'm one of the "we don't need no stinking alt coins" folks, I'm afraid. I have no interest in that sort of trading, but I don't fault those who choose to. It's your fiat...so to speak...   

Mine on...

 I may get a 741 
 I have 3 721's

[YabaDabaDoo]

How much (%) of your mining income (or profit) goes back into expanding/replacing mining capacity? I know mining is for people with money but I wonder what's the smallest investment that can actually be self-sustaining in mining?

Myself I have free hosting (paid in bulk by another business of mine). but even so, the total returns on my mining are not enough to get something more than an S7 after several months, an S9 at the moment would mean putting some of my own money into this..again. So I wonder how much I should set aside (10, 50%, 100%?) to replace old hardware like S4,S5.

Free hosting? I would suggest, and this is just me and what I do, without free hosting, is take the money I get from mining, move it to an exchange and trade in alt coins to make more Bitcoin, which I am getting really good at, and then use the coin to purchase another S9 when I can, rinse and repeat.

If you have free hosting then you have no electric to cover like I do so you should be able to get going in no time at all as at the current Bitcoin exchange rate an S9 costs about .41 Bitcoin.

If you actually have "free" hosting, there's no reason for you to not make money in the present market. I have a couple of 741s on free power here at home; there are 3 S7s in Labrador that I pay hosting on; and I'm sitting on a pile of S3s, an S2, and there's a 721 and another 741 looking for a power outlet.

To answer your basic question, though...I don't "set aside" anything, because I do not use my BTC income for general expenses; I save all my BTC for future needs. I may tap into it for an emergency expense, but that's it. If I need a "new" machine, there is generally enough there to buy it if I need to. Bottom line? 100% I guess.

I'm one of the "we don't need no stinking alt coins" folks, I'm afraid. I have no interest in that sort of trading, but I don't fault those who choose to. It's your fiat...so to speak...   

Mine on...

@ firetreeactual - I'm like you and run 2 741's at home now and looking to try running 3rd soon and shipping few to Labrador soon. I wanted to know how you handle several 741's running at home (ie. sound / heat).  I had friends with free electricity that wanted to host some of them but in this summer heat miners are too much for apartments and they bailed out.

[overcon]

Thanks, that was a helpful explanation.  I've been reading about the exchanges and other coins (mostly ETH and LTC) and I saw the big ETH crash last week.  Amazing to see the "wealth" vanish in a second.  

I thought you might have been talking about trading on an exchange, but I thought maybe you had a successful method you'd be willing to share some hints!    

I'll keep researching and may try to dabble in the markets a bit.  The idea of creating coins thru mining seems safer for my money than trying to buy low and sell high... I don't feel that lucky!

Thanks again

Haha, well buy low and sell high is pretty much the end game. Watch for trends and learn when something is going to go up after it has gone down. Usually a currency will drop (theoretically say 100) it will usually rise back up again 50 before it either continues to drop again or continues to go up. Here is an example (each yellow arrow is the approximate 50% bounce after a drop) that is where you can make small amounts that add up (you buy at the low point and sell at the high bounce):



As you can also see, if you had this when it was a low price, you could of sold it for a pretty good profit at the middle before it went down. These long term waves happen on almost every Alt-Coin, almost every one. There are also a lot that never move and are usually delisted after a time.

[sarakuka]

Anyone knows what's happening with de.kano.is:3333 pool I'm receiving no replay :O :O