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

[mdude77]

Not sure how many people ever use BitPay to pay for anything, but they're landed themselves on my ban list ... well I guess you could say that they put themselves there, I can't use BitPay at the moment and probably wont want to ever again

It seems they no longer allow Bitcoin payments to an address, they require you to use a "Bitcoin Payment Protocol" (that's supposedly in core 0.15 but not in 0.14) that also decides your transaction fees for you ... hmm.

Every time I make payments I choose my fees, and every time I've used BitPay, it has said my fees were too low, even when my payments were picked up in the very next block on the network ...

I use Bitpay, and the new "protocol" works okay for me.  Actually works better.

The old way, it could sit there for 15 minutes when I "charge" it, and then expire, despite my payment being sent within the first minute.  (On the flipside, this forced me to learn how to "double spend" transactions.)

The new way, it may still say it expires, but it accepts it anyhow apparently because of the "payment protocol".  I guess the "invoice" front end hasn't been updated to match the back end.

Also, both ways I can pick my transaction fees.  And, like you, in both cases it says the tx fees are too low and it's because of a problem with my wallet.  Front end problem?

I think they are extremely overwhelmed.  I've opened a few tickets with them, and so far they've only responded once, and it was a good few weeks afterwards.  Unfortunately it was the typical corporate "I have no idea what you're talking about but I'll pretend I do and give you a canned answer" response that was rather useless.

M

[Waztim]

Come On Block. Come on Luck, you 50/50 coin toss flip flop gorgeous jewel of an Anime Goddess that you are. A ribeye steak was sacrificed about 30 minutes ago for the good of the order and in the name of Lady Luck. Mine On with Kano-San, the operator of the best Bitcoin Pool on earth.

[volantt]

Just started mining with Kano pool

[Waztim]

Just started mining with Kano pool

Welcome, read the thread, lots of good info on 5ND, payouts and how the pool works. You found the best bitcoin mining pool available.

[2tights]

Just started mining with Kano pool

Welcome, read the thread, lots of good info on 5ND, payouts and how the pool works. You found the best bitcoin mining pool available.

And don't forget the website has a help section that explains concisely how it works.

Don't forget to bust a move for a minute, too

[dzimmerm56]

Isn't bitpay what newegg uses? They gave me some kind of BS message about my wallet not being configured correctly, when I chose to send a 26 dollar tran fee rather than whatever larger tran fee the wallet had setup for. The transaction still went through, they just whined about it. If I recall correctly credit cards charge about a 4% fee for transactions. I think anything over 2% for bitcoin it too large. I also notice they hide the percentage so it is not easy to see. I examine the sending of a payment when the wallet finally gives me what it plans to use as a tran fee and check it against the dollar value of bitcoin at the time. I hate smoke and mirrors when it comes to my money.

[usukan]

in the stats Kano - "shifts"

what does "Inv Diff" actually mean?  and why would I get some zeros here while actively mining?

Thanks - usukan

[AerialGopher]

So Interesting fun fact.  My new S9's some have firmware from July, while others have firmware from Nov 17, and a version like S9_V2.54   But on their website, they only have the newest from Aug 15..  Now Why would they not have the newest one on there?  I had an issue with the first S9 I got like a month ago, with fan speed ramping constantly, the firmware fixed that so it stayed on more consistent.  So Now I am baffled if I should overwrite the Nov 17 with the Aug 15 that had better fan control.

Any opinions?

[Waztim]

Network:     55m 1s (501394)  WOW, a 55 minute block and counting.

Edit: 60 minutes and still going.

[MattMell]

Network:     55m 1s (501394)  WOW, a 55 minute block and counting.

that is good, we dont want the difficulty to go up

[Waztim]

Network:     55m 1s (501394)  WOW, a 55 minute block and counting.

that is good, we dont want the difficulty to go up

That means nothing moves within the Bitcoin Network for and Hour? WOW

A 63 minute and change block. Incredible. Whoever found that one, I bet it was loaded with fees.

Edit: Nope it wasn't VIABTC found it and it only had  13.81417276 BTC

Interesting.

[AerialGopher]

Network:     55m 1s (501394)  WOW, a 55 minute block and counting.

that is good, we dont want the difficulty to go up

That means nothing moves within the Bitcoin Network for and Hour? WOW

A 63 minute and change block. Incredible. Whoever found that one, I bet it was loaded with fees.

Edit: Nope it wasn't VIABTC found it and it only had  13.81417276 BTC

Interesting.

OH, I am not the only one watching who wins blocks?
You picked one block prior to the long block...

It was BTC.com and 23.26222679 BTC as reward..  I Cried.  I should of been solo-ing...  With that long I actually stood a chance.. well, maybe just a bit. :-)

[MWAzhar]

Hi,

may i know how does that block percentage rewards? is it will earn the percentage of the block found?

example block reward 16 BTC, my percentage 0.025%.. so i will earn 0.4 BTC after ramped up?

Thanks

[HagssFIN]

Hi,

may i know how does that block percentage rewards? is it will earn the percentage of the block found?

example block reward 16 BTC, my percentage 0.025%.. so i will earn 0.4 BTC after ramped up?

Thanks

No.

Simple math.

0.025% equals 0.00025 as a decimal number.

0.00025 times 16 is 0.004

[kano]

in the stats Kano - "shifts"

what does "Inv Diff" actually mean?  and why would I get some zeros here while actively mining?

Thanks - usukan

Your invalids you submitted during that shift, as a total Diff of invalids.
The lower the better

.. as opposed to the Diff you submitted which is "Your Diff"
The higher the better

[kano]

Network:     55m 1s (501394)  WOW, a 55 minute block and counting.

that is good, we dont want the difficulty to go up

That means nothing moves within the Bitcoin Network for and Hour? WOW

A 63 minute and change block. Incredible. Whoever found that one, I bet it was loaded with fees.

Edit: Nope it wasn't VIABTC found it and it only had  13.81417276 BTC

Interesting.

OH, I am not the only one watching who wins blocks?
You picked one block prior to the long block...

It was BTC.com and 23.26222679 BTC as reward..  I Cried.  I should of been solo-ing...  With that long I actually stood a chance.. well, maybe just a bit. :-)

Time has no effect on you finding a block.
Each hash you do has the same chance of finding a block - be it 1 second after the last network block or 1 hour.

[kano]

Hi,

may i know how does that block percentage rewards? is it will earn the percentage of the block found?

example block reward 16 BTC, my percentage 0.025%.. so i will earn 0.4 BTC after ramped up?

Thanks

No, it's only your % of all shares submitted, since the last block we found.
(and as mentioned above it's 0.004 )

You could consider it in the ball park of what to expect if you have been mining for 5Nd, but it's not the 5Nd used for the payout calculation, so it can be quite different e.g. if the pool hash rate or your hash rate changed over the 5Nd (which the pool always does)

Your block reward is based on your % of shares submitted in the last 5Nd of shares up to when the block was found - which the last block is usually only a small % of that.

[ShefSam]

Be aware... An X11 (DASH) pool I am in just had 6 Orphan blocks in a row! - something fishy is going on out there. 

[overcon]

Hey Kano, is there a node on the West coast?

[minergain.com]

Time has no effect on you finding a block.
Each hash you do has the same chance of finding a block - be it 1 second after the last network block or 1 hour.

Kano, have you ever thought about the possibility of "reverse" mining?  Where you randomly pick a final hash (probably the wrong terminology) with enough zeros in front, lock the time in, pick a group of transactions that are a little lower on the list so they stay for a while and then do a validation with each nonce - perhaps randomly selected but never duplicated.  I guess the previous block hash is included, so once a block is found, then everything would have to start over.  It is still luck, but seems that beating up a single answer may offer an answer quicker than totally "heads or tails" with this difficulty level.  In any case, I have no clue if the network even allows the time to be locked in for multiple seconds or even minutes, but it would seem plausible since computer dates/times can vary.