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

[xuy]

A few weeks ago, maybe 2 months ago, with hash rate 69-70PH took about 10 hours to get to 100% shares.
But now it takes about 25 hours to get to 100% shares with similar hash rate.
Is it all determined by difficulty? It seems that difficulty increases at least at the same pace as BTC price if not out paced much but it won’t go down.
I mine just for fun since electricity cost is very high and it barely break even for that month. I do benefit for the price increase. Now I only get 1/5 of BTC/THs/Day of 4 months ago.

My question is at what point or difficulty level the electricity cost will cause big loss for big miners unless free electricity.

[overcon]

Well the two difficulty raises certainly do not help reduce our time to block I can certainly attest to that.

[padrinogtr]

sorry for being negative  
but here comes the block from hell again
please let me be wrong

Cheer up my man!  We are only at 29.83% and every block is expected to be at 100%

I think it’s safe to say we’re in the block from hell now. 🤦‍♂️

Oh come on, it's just barely over 100%, what's the problem?  I usually say "put the bong down" however in your case you need to "pick the bong up" and CHILL!!    Keep it up and YOU'RE going to jinx us! 

jinx!!!
lol oh stop
it is what it is
there is nothing we can do but sit wait and mine on
nothing we say will change the outcome

[beltsniffer]

A few weeks ago, maybe 2 months ago, with hash rate 69-70PH took about 10 hours to get to 100% shares.
But now it takes about 25 hours to get to 100% shares with similar hash rate.
Is it all determined by difficulty? It seems that difficulty increases at least at the same pace as BTC price if not out paced much but it won’t go down.
I mine just for fun since electricity cost is very high and it barely break even for that month. I do benefit for the price increase. Now I only get 1/5 of BTC/THs/Day of 4 months ago.

My question is at what point or difficulty level the electricity cost will cause big loss for big miners unless free electricity.

Yes, it makes it that much harder (longer time) to find a block. The difficulty has more than doubled since the start of July. Making it take twice as long to find a block with the same hash rate.

[mdude77]

A few weeks ago, maybe 2 months ago, with hash rate 69-70PH took about 10 hours to get to 100% shares.
But now it takes about 25 hours to get to 100% shares with similar hash rate.
Is it all determined by difficulty? It seems that difficulty increases at least at the same pace as BTC price if not out paced much but it won’t go down.
I mine just for fun since electricity cost is very high and it barely break even for that month. I do benefit for the price increase. Now I only get 1/5 of BTC/THs/Day of 4 months ago.

My question is at what point or difficulty level the electricity cost will cause big loss for big miners unless free electricity.

Yes, it makes it that much harder (longer time) to find a block. The difficulty has more that doubled since the start of July. Making it take twice as long to find a block with the same hash rate.

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

[wavelengthsf]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

Unless of course you increase your hash rate by 20% to compensate (Which is super easy when your hashrate is as low as mine.)

[beltsniffer]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

I was just looking it over and the rate at which the difficulty and hashrate is increasing at an alarming rate.

When I joined this pool feb '16, difficulty was 163.5G. It took 11 months to double to 336.9G in Jan '17. It more than doubled again after 6 months in Jun of '17 at 678.6G. Now it's more than doubled again in 4 months to 1452.8G. Fortunately BTC price has more than kept pace. If I remember right BTC was between $200 - $400 then.

It disturbs me that the cycle of the hashrate doubling keeps shortening, without the release of a new miner. I know more players have entered the miner market, but they all use the same foundries. Are the foundries getting more efficient at producing and just putting out chips that much more quickly, or has some player come up with a more efficient way to use the existing 16nm chips and just not released it to the public yet?

[overcon]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

I was just looking it over and the rate at which the difficulty and hashrate is increasing at an alarming rate.

When I joined this pool feb '16, difficulty was 163.5G. It took 11 months to double to 336.9G in Jan '17. It more than doubled again after 6 months in Jun of '17 at 678.6G. Now it's more than doubled again in 4 months to 1452.8G. Fortunately BTC price has more than kept pace. If I remember right BTC was between $200 - $400 then.

It disturbs me that the cycle of the hashrate doubling keeps shortening, without the release of a new miner. I know more players have entered the miner market, but they all use the same foundries. Are the foundries getting more efficient at producing and just putting out chips that much more quickly, or has some player come up with a more efficient way to use the existing 16nm chips and just not released it to the public yet?

It's because Bitmain is no longer in the business of selling BTC miners to the people, they simply make them for themselves and occasionally sell a few for BCC to quench the masses and get a large enough base in a new ALT coin that if it does spike, they make money off it as well. So not only do they get money from increasing their mining power, they get a base of another alt coin and the increase in difficulty doesn't impact them as much because they are driving it.

[mdude77]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

I was just looking it over and the rate at which the difficulty and hashrate is increasing at an alarming rate.

When I joined this pool feb '16, difficulty was 163.5G. It took 11 months to double to 336.9G in Jan '17. It more than doubled again after 6 months in Jun of '17 at 678.6G. Now it's more than doubled again in 4 months to 1452.8G. Fortunately BTC price has more than kept pace. If I remember right BTC was between $200 - $400 then.

It disturbs me that the cycle of the hashrate doubling keeps shortening, without the release of a new miner. I know more players have entered the miner market, but they all use the same foundries. Are the foundries getting more efficient at producing and just putting out chips that much more quickly, or has some player come up with a more efficient way to use the existing 16nm chips and just not released it to the public yet?

I think hashrate and difficulty keep increasing because the price of BTC keeps climbing and climbing and climbing.  That causes more miners to enter the game with the existing hardware.

It's an equilibrium that I'm not sure all miners understand.

"Oh, look, I can make this much $$$ by adding this much hash power!"
"Wait, why did the difficulty go up 20%?"
"And my $$$ just went down by 20%?!"
"Maybe I should add some more hash power..."

M

[beltsniffer]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

I was just looking it over and the rate at which the difficulty and hashrate is increasing at an alarming rate.

When I joined this pool feb '16, difficulty was 163.5G. It took 11 months to double to 336.9G in Jan '17. It more than doubled again after 6 months in Jun of '17 at 678.6G. Now it's more than doubled again in 4 months to 1452.8G. Fortunately BTC price has more than kept pace. If I remember right BTC was between $200 - $400 then.

It disturbs me that the cycle of the hashrate doubling keeps shortening, without the release of a new miner. I know more players have entered the miner market, but they all use the same foundries. Are the foundries getting more efficient at producing and just putting out chips that much more quickly, or has some player come up with a more efficient way to use the existing 16nm chips and just not released it to the public yet?

It's because Bitmain is no longer in the business of selling BTC miners to the people, they simply make them for themselves and occasionally sell a few for BCC to quench the masses and get a large enough base in a new ALT coin that if it does spike, they make money off it as well. So not only do they get money from increasing their mining power, they get a base of another alt coin and the increase in difficulty doesn't impact them as much because they are driving it.

I'm sure that Bitmain is doing this, along with moving back and forth from BTC to BCH to manipulate the difficulty. But they have been making and keeping miners since day 1. I'm sure they have always made as many as they can and either put them in their own facility and sold a few. But those were already hashing as soon as they were built. It's not like they were just stacked in warehouse waiting.

[beltsniffer]

Put another way, a 20% difficulty increase - which we just had - means, if BTC price remains the same, that it'll take 20% longer to get a block, and hence your income just dropped by 20%.

M

I was just looking it over and the rate at which the difficulty and hashrate is increasing at an alarming rate.

When I joined this pool feb '16, difficulty was 163.5G. It took 11 months to double to 336.9G in Jan '17. It more than doubled again after 6 months in Jun of '17 at 678.6G. Now it's more than doubled again in 4 months to 1452.8G. Fortunately BTC price has more than kept pace. If I remember right BTC was between $200 - $400 then.

It disturbs me that the cycle of the hashrate doubling keeps shortening, without the release of a new miner. I know more players have entered the miner market, but they all use the same foundries. Are the foundries getting more efficient at producing and just putting out chips that much more quickly, or has some player come up with a more efficient way to use the existing 16nm chips and just not released it to the public yet?

I think hashrate and difficulty keep increasing because the price of BTC keeps climbing and climbing and climbing.  That causes more miners to enter the game with the existing hardware.

It's an equilibrium that I'm not sure all miners understand.

"Oh, look, I can make this much $$$ by adding this much hash power!"
"Wait, why did the difficulty go up 20%?"
"And my $$$ just went down by 20%?!"
"Maybe I should add some more hash power..."

M

While I'm sure that is some it, the global hashrate just before the s9 was released was only 1.5 Exahash. Now it's almost 10.5 Exahash. So even if half of that 1.5 was shut off and subsequently brought back online later, it doesn't seem to be enough to bring upon the huge increases that have been happening.

I could be way off and the foundries just have nothing better to do than pump out asics, but it just seems that something else is in the works.

[dzimmerm56]

Calling on the powers of cute.



Give us some good luck My Goddess.

[voodooman]

Question about kano.is
Is it possible to just get the time when we found the last block
 by wget Or something similar?
Nothing else,just the time or the last block we found.

For example By adding something to the url

Thx

Mine on!

[kano]

Question about kano.is
Is it possible to just get the time when we found the last block
 by wget Or something similar?
Nothing else,just the time or the last block we found.

For example By adding something to the url

Thx

Mine on!

The API has it. The one without the worker list (i.e. no '&work=y' on the end)

{
 "STAMP":"1509140797", <- current time
 "lastbc":"1509136131", <- last network block time
 "lastheight":"492019", <- last network block height
 "currndiff":"1452839779145.9", <- network difficulty
 "lastblock":"1509009829", <- last pool block time
 "lastblockheight":"491827", <- last pool block height
 "blockacc":"1842324727516.0", <- Diff Accepted (divide by network difficulty to get the '%')
 "blockerr":"8607865617.0", <- Diff Rejected
 "p_hashrate5m":"60705960004796768.000000", <- pool hash rate 5 minute value
 "p_hashrate1hr":"60530071597155120.000000", <- pool hash rate 1 hour value
 "u_hashrate5m":"?", <- user hash rate 5 minute value
 "u_hashrate1hr":"?" <- user hash rate 1 hour value
}

Warning don't poll the API very often, your IP/username will get banned.

[voodooman]

Will a interval of 30 mins be okay?
Or one hour?

[kano]

Will a interval of 30 mins be okay?
Or one hour?

Yes

[voodooman]

Great!
You:'re the man!

Thanks kanosan


Now crackin a block would be nice 

[smutboy420]

Kano should my best share numbers reset after finding a block?? or not.


cause I noticed my best share number for my #3 s9  still has the very same best share number as it did on that monster block from hell and was wondering if thats normal or not.   

10718647319

[noquedaeltiempo]

Added 2 Avalons 741 and a S9 to my mini farm!

Lets break this block!  

[overcon]

Kano should my best share numbers reset after finding a block?? or not.


cause I noticed my best share number for my #3 s9  still has the very same best share number as it did on that monster block from hell and was wondering if thats normal or not.   

10718647319

Just change a setting and apply and it will reset or reboot.