kano (OP)
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August 07, 2017, 10:10:33 AM |
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There'll be a KanoDB restart in about 20 mins. No mining will be affected.This is to update the source git to the new naming as mentioned here: https://bitcointalk.org/index.php?topic=789369.msg20585668#msg20585668Web/API will show lota '?' and zeros for about 10 minutes. Also, you'll find you are logged out so will need to login again after the update. Restart all OK. Web outage was from 9:54:02 to 10:03:54 UTC so just under 10 minutes (though it was over a full hour of data reload due to the timing) Mine on ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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813bits
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August 07, 2017, 02:42:05 PM |
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We need a block to pop off these 4 payments that are teed up, especially with BTC hitting all time highs today!
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kano (OP)
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August 07, 2017, 02:46:00 PM |
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We need a block to pop off these 4 payments that are teed up, especially with BTC hitting all time highs today!
Only 2 were left - and they both were confirmed in the last 3 blocks. The $1 fee I put on each one is (lately) enough to get them confirmed. Edit: though it's $1.42 now ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bit2255
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August 07, 2017, 03:01:05 PM |
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So is this going to be the "new normal" payout method in lieu of the old method (waiting for the next block after previous one(s) mature)?
Or is this just a temporary continuation of the payment method / workaround due to the uncertainty of the August 1 split?
I'm so used to the "normal" method, but I really am not that concerned other than I just want to know how the payouts will be implemented going forward.
Either way is fine me (not that my vote counts for very much).
Mine On!!
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kano (OP)
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August 07, 2017, 03:15:44 PM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
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bit2255
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August 07, 2017, 03:34:27 PM |
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Now we just have to figure out a way to better our luck and find blocks faster.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Thanks Kano!
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oawan
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August 07, 2017, 04:06:32 PM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
It's also more efficient. Because if we get even a moderately decent time block like 10 min since previous, we probably end up earning an extra $~30 in TX fees for the space that would have been taken up by one payout.
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813bits
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August 07, 2017, 04:07:39 PM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
I am 100% ok with this Kano, thanks for implementing this as I had not even realized it! Thanks again for everything that you do for us, your commitment, communication and service to the pool is appreciated.
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bronder
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August 07, 2017, 05:11:44 PM |
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with my tiny mining farm i'm very happy here. I probably have some dust payments here but I'm ok with waiting until Kano comes around to getting that issue resolved. Meanwhile it's just apreciating in value instead of in my hands where I could spend it too easily. LOL.
Does anyone know how much hashing power has been dimished in BTC mining after the fork?
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stormwind
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August 07, 2017, 06:52:02 PM |
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with my tiny mining farm i'm very happy here. I probably have some dust payments here but I'm ok with waiting until Kano comes around to getting that issue resolved. Meanwhile it's just apreciating in value instead of in my hands where I could spend it too easily. LOL.
Does anyone know how much hashing power has been dimished in BTC mining after the fork?
15%?
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kano (OP)
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August 07, 2017, 09:18:14 PM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
It's also more efficient. Because if we get even a moderately decent time block like 10 min since previous, we probably end up earning an extra $~30 in TX fees for the space that would have been taken up by one payout. Well that might have been the case for a while before when fees were high, and blocks were full, (and the price was lower) but blocks are now filling up with zero or almost zero fee transactions, so our payouts don't push much out off the end
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kano (OP)
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August 07, 2017, 10:02:15 PM |
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A difficulty drop means you expect more blocks for the same hash rate - yes. i.e. the bar is lower, so some of those "Unworthy" blocks would instead be worthy if they were found now - and you're 'expected' BTC/Day/THs is higher. ... of course a 10% tx fee drop needs a similar difficulty drop to offset it.
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oawan
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August 08, 2017, 04:08:39 AM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
It's also more efficient. Because if we get even a moderately decent time block like 10 min since previous, we probably end up earning an extra $~30 in TX fees for the space that would have been taken up by one payout. Well that might have been the case for a while before when fees were high, and blocks were full, (and the price was lower) but blocks are now filling up with zero or almost zero fee transactions, so our payouts don't push much out off the end BLOCK! by pangborn And by my calculations the lowest fee in that block was ~93 sat/byte. 4 payouts would have displaced 0.10416 BTC or $357. So that was ~$6 well spent!
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kano (OP)
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August 08, 2017, 04:24:19 AM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
It's also more efficient. Because if we get even a moderately decent time block like 10 min since previous, we probably end up earning an extra $~30 in TX fees for the space that would have been taken up by one payout. Well that might have been the case for a while before when fees were high, and blocks were full, (and the price was lower) but blocks are now filling up with zero or almost zero fee transactions, so our payouts don't push much out off the end BLOCK! by pangborn And by my calculations the lowest fee in that block was ~93 sat/byte. 4 payouts would have displaced 0.10416 BTC or $357. So that was ~$6 well spent! It was a 21minute network block, so it had twice as long to throw out cheap transactions and replace them with more expensive ones as they came out on the network. That's also why the tx fees are high 13.98 BTC block (yes that's now considered high) However ... 93 sat/byte wasn't the lowest ... e.g. the last transaction in the block was 6.57 sat/byte and I'm not 100% sure of the ordering i.e. is it lowest last? I've never checked ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Edit: no it's not ordered highest to lowest fee/byte, the 2nd last one was 268 sat/byte
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kano (OP)
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August 08, 2017, 04:33:01 AM |
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Wooo double! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) 2nd block by jimmy ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Awesome - 40 minute block - 14.209116 BTC
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tbonetony
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No zuo no die why you try, u zuo u die dont be shy
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August 08, 2017, 04:33:39 AM |
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back to back blockieeeeeeeeeeeeeeeeeeeeeeeeees ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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oawan
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August 08, 2017, 04:34:57 AM |
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been waiting for a back to back for awhile. Nice time to have some fatties!
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oawan
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August 08, 2017, 04:40:50 AM |
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Well ... this way you get them faster ... ... I mentioned before that I'll continue it while it keeps working ... i.e. the payouts contine to be confirmed faster
It's also more efficient. Because if we get even a moderately decent time block like 10 min since previous, we probably end up earning an extra $~30 in TX fees for the space that would have been taken up by one payout. Well that might have been the case for a while before when fees were high, and blocks were full, (and the price was lower) but blocks are now filling up with zero or almost zero fee transactions, so our payouts don't push much out off the end BLOCK! by pangborn And by my calculations the lowest fee in that block was ~93 sat/byte. 4 payouts would have displaced 0.10416 BTC or $357. So that was ~$6 well spent! It was a 21minute network block, so it had twice as long to throw out cheap transactions and replace them with more expensive ones as they came out on the network. That's also why the tx fees are high 13.98 BTC block (yes that's now considered high) However ... 93 sat/byte wasn't the lowest ... e.g. the last transaction in the block was 6.57 sat/byte and I'm not 100% sure of the ordering i.e. is it lowest last? I've never checked ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Edit: no it's not ordered highest to lowest fee/byte, the 2nd last one was 268 sat/byte Interesting. I wonder if there is a tool to determine the lowest fee transactions in blocks. It would seem the 6.57 sat/ byte transaction was some kind of anomaly or something since it looks like according to this https://jochen-hoenicke.de/queue/#2h the block at 20:52 didn't quite break into the blue 80-100 layer.
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usernamehere
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August 08, 2017, 05:48:43 AM |
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100 blocks left until SegWit locks in! https://xbt.eu
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