KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2436 blocks

[NomadGroup]

Block! by 1Cz...

Sure is!  By 1C7....... with 13.64 Btc to be precise.  

Good night all!

[1714917479]

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[1714917479]

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[1714917479]

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[1714917479]

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[AriesIV10]

3 is a great start for the morning!

[andytranter]

Jeez!!! Talk about a change of fortune! Just goes to show that you must look at things in the long term!

[wmabern]

Well, after that block from hell it's great to see green again!
Now we just have to get rid of all that red on the stats page and turn it green again!!
Congratulations to all who stuck with it and to those doing rentals, you have gone above and beyondw the call of duty! Thank you.
I'll post your commendations tomorrow. Just getting home from working all night and I'm exhausted.
I'm on my phone so let's see if I can do it right.

COMEONBLOCKSSSSSSS!!!!!   
Let,s make Sunday a BLOCKTACKUR!!'''

[miguelmorales85]

I have a question about payments. Arent payment being transfered as soon as the block is mined?
Or the block must be in status "Matured" ?

On the payment section I can see my wallet (it is correct) and the payment to the right side but the coins are not being received in my address

[DarKSm0ke]

I have a question about payments. Arent payment being transfered as soon as the block is mined?
Or the block must be in status "Matured" ?

On the payment section I can see my wallet (it is correct) and the payment to the right side but the coins are not being received in my address

Payment is made after block reach 101 confirmations and get status matured.

[kano]

I have a question about payments. Arent payment being transfered as soon as the block is mined?
Or the block must be in status "Matured" ?

On the payment section I can see my wallet (it is correct) and the payment to the right side but the coins are not being received in my address

It's explained here also on the web page: Help->Payouts
https://kano.is/index.php?k=payout

[clgrissom3]

Sweet, 3 blocks in the queue this morning!  That's a great way to wake up!

Thanks to everyone that hung in there til the the big one got busted.  That shows a lot of character.  Also kudos to Kano and others that went wayyy above and beyond to help us get through this!

[philipma1957]

wow a 10,000,000,000 share block. 875%

[Sosoft]

Coffee and Blocks this morning.

[padrinogtr]

I’m glag I stayed.
Mine on everyone!!!
It’s a good morning

[mdude77]

And the pool is still at 187PH!  That's great.  Should help decrease the odds of blocks from hell.

Especially since the next difficulty increase is coming in ~4 days and is currently marked at 18.5% increase.    (It may decrease a bit by then... but 4 days out the prediction is usually pretty close..)

So bring those blocks in before the big increase!!

M

[padrinogtr]

Block! by 1C7...

nice!!!
with 41 TH

anyone can do it

[overcon]

And the pool is still at 187PH!  That's great.  Should help decrease the odds of blocks from hell.

Especially since the next difficulty increase is coming in ~4 days and is currently marked at 18.5% increase.    (It may decrease a bit by then... but 4 days out the prediction is usually pretty close..)

So bring those blocks in before the big increase!!

M

Refresh me on what causes difficulty increases, please!

[mdude77]

And the pool is still at 187PH!  That's great.  Should help decrease the odds of blocks from hell.

Especially since the next difficulty increase is coming in ~4 days and is currently marked at 18.5% increase.    (It may decrease a bit by then... but 4 days out the prediction is usually pretty close..)

So bring those blocks in before the big increase!!

M

Refresh me on what causes difficulty increases, please!

The bitcoin network is self regulating.  It's intended to have a block approximately every 10 minutes.  Every 2016 blocks, the system looks to see what the average block time was for the last 2016 blocks.  If it was > 10 minutes, difficulty decreases.  If it was < 10 minutes, difficulty increases.  The change sets it back to a block approx every 10 minutes.

So what's happened, quite predictably, is BTC value is climbing.  That causes miners to get more hash power.  That causes difficulty to increase.  Since difficulty is slated to increase by ~18.5%, one can reasonably estimate that 18.5% more hashpower has been added to the system since the last update.

There are other factors that can affect this as well, such as huge players moving their hashpower off of BTC to another SHA256 coin.  That happened a month or two ago, and actually caused a decrease in difficulty.  Sadly I wasn't mining at the time to take advantage of it.  (Not for want of trying ... )

Hopefully BTC value continues to climb...

M

[overcon]

And the pool is still at 187PH!  That's great.  Should help decrease the odds of blocks from hell.

Especially since the next difficulty increase is coming in ~4 days and is currently marked at 18.5% increase.    (It may decrease a bit by then... but 4 days out the prediction is usually pretty close..)

So bring those blocks in before the big increase!!

M

Refresh me on what causes difficulty increases, please!

The bitcoin network is self regulating.  It's intended to have a block approximately every 10 minutes.  Every 2016 blocks, the system looks to see what the average block time was for the last 2016 blocks.  If it was > 10 minutes, difficulty decreases.  If it was < 10 minutes, difficulty increases.  The change sets it back to a block approx every 10 minutes.

So what's happened, quite predictably, is BTC value is climbing.  That causes miners to get more hash power.  That causes difficulty to increase.  Since difficulty is slated to increase by ~18.5%, one can reasonably estimate that 18.5% more hashpower has been added to the system since the last update.

There are other factors that can affect this as well, such as huge players moving their hashpower off of BTC to another SHA256 coin.  That happened a month or two ago, and actually caused a decrease in difficulty.  Sadly I wasn't mining at the time to take advantage of it.  (Not for want of trying ... )

Hopefully BTC value continues to climb...

M

Ah, ok. I thought it was something like that but that definately helped clarify it, thanks! Wish i could keep up lol, not enough power!

[MikeWazowski]

Quick question:

When you leave kano pool, for instance, your miner goes down for let's say 24 hours.

How long does it take for your 5n to drop? and also how long does it take to re-ramp up to your maximum 5n payout threshold?

Thanks in advance

[mdude77]

Quick question:

When you leave kano pool, for instance, your miner goes down for let's say 24 hours.

How long does it take for your 5n to drop? and also how long does it take to re-ramp up to your maximum 5n payout threshold?

Thanks in advance

Last I heard it's around 2.5 days.  With the increase of hash power on the pool, it's probably less than that now.

M

[MikeWazowski]

thanks M, but just to clarify - is that 2.5 days to drop to 0, or 2.5days to get it back up to your maximum threshold?

[stormwind]

thanks M, but just to clarify - is that 2.5 days to drop to 0, or 2.5days to get it back up to your maximum threshold?

Both ways, 2 day's and 6 hours.