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

[clgrissom3]

I agree on that, but I'd still have to have an extra pc with awesome miner running 24/7. That's why I'd prefer to get the mail directly from the pool.

Haha! By the time you get the email directly from slushee, you have lost your reward if they hit a block while you miners are down.  The iPhone and Android app along with the Zachmonroe web site gives the same notifications here but you don't lose any rewards with 5Nd here.

With both the App and the Zach email notifications, it tells you exactly which machine has dropped below the hashrate level you determine.

Example:

From: CKPoolMonitor [mailto:zach@zachmonroe.com]
Sent: Wednesday, January 17, 2018 3:09 PM
Subject: Low Hash Rate
Your worker clg3.08s7 has dropped below your specified hashrate of .03 TH/s!
Your latest 5 minute average rate is 0 TH/s!

[wavelengthsf]

42PH! Looks like the miner drive is working. You now need over 126TH to be in the top 50.

[Sphere360]

Anyone else think all of the blocks we just found may have spoiled us? I guess we need to start dancing again!

Keep up the great work Kano!

[Waztim]

41+ PH's... keep bringing your friends. KANO POOL is the best Bitcoin Mining Pool on Planet Earth.

MINE ON WITH KANO-SAN!! Come on Block!! BTC

[wavelengthsf]

Anyone else think all of the blocks we just found may have spoiled us? I guess we need to start dancing again!

Keep up the great work Kano!

I want one of those fabled 5+ block days. Running ahead of expected value is always nice.

[Sphere360]

As long as this block is taking, I may be fully ramped up finally. I keep watching my N Average go up each block we have found! That's exciting!

I suspect we will find one soon! 

Keep doing your Block Dances!

[Mellis]

I think this block will be a little longer because the last ones where so short.

How often are payments made?

[fjtropepe]

I think this block will be a little longer because the last ones where so short.

How often are payments made?

Future luck has nothing to do with historical findings. That is the beauty of the system.

[nazzer]

As Kano says - we always expect 100%

Block events are independent.



MINE ON!

[MattMell]

I think this block will be a little longer because the last ones where so short.

How often are payments made?

The steps:
1) We find a block (everyone dance)
2) The block mature at 101 ( you can see on kano.is the progress)
3) Kano create a transaction of payouts to everyone and attach a small fee. He send the transaction to the network.
4) If someone confirm the transaction with the small fee then it will be in your wallet, if not (usually not), then with the next block Kanopool find we confirm the transactions that was sent to the network and everyone has more BTC in their wallets.

Note- It happens that there can be 2 or more transactions waiting to be confirmed and confirmed with our next block found.

[Tnaa97]

I agree on that, but I'd still have to have an extra pc with awesome miner running 24/7. That's why I'd prefer to get the mail directly from the pool.

Or you could do https://ckpoolmonitor.zachmonroe.com/ or https://www.minergain.com/

For a a lot less than 1% fees

Thanks Nazzer.  Just to clarify - minergain is a free work of love for the crypto community that still has a ways to go.  I have the code to monitor workers for a few pools (slush and kano primarily) but have not put the email / text alert for workers going down, but I can add that next week (I 'play' with this on Mondays and Tuesdays).  I finally got rewards with converted dollars at the time of the block working this week for anyone interested.

Cool!!
Thanks for the BTC to $ conversion! Does that use the price of BTC on the date of the reward in the calc?
GREAT Work!

Mine on!

[minergain.com]

I agree on that, but I'd still have to have an extra pc with awesome miner running 24/7. That's why I'd prefer to get the mail directly from the pool.

Or you could do https://ckpoolmonitor.zachmonroe.com/ or https://www.minergain.com/

For a a lot less than 1% fees

Thanks Nazzer.  Just to clarify - minergain is a free work of love for the crypto community that still has a ways to go.  I have the code to monitor workers for a few pools (slush and kano primarily) but have not put the email / text alert for workers going down, but I can add that next week (I 'play' with this on Mondays and Tuesdays).  I finally got rewards with converted dollars at the time of the block working this week for anyone interested.

Cool!!
Thanks for the BTC to $ conversion! Does that use the price of BTC on the date of the reward in the calc?
GREAT Work!

Mine on!

Yes it uses the average price for the day (worst case).  If the reward is in the past few months, the BTC price is gathered every minute (it gets averaged out to 5 minutes after a couple days old).  In most cases it will be the pretty much the price of BTC when the block is found.  I may offer different ways to calculate this in the future (when it gets to your wallet, etc), but this is one of the ways that the IRS recommends you report this if you want to write off your power, equipment and other costs.  So what minergain reports is your income and you already have your costs I suspect.  Then when you convert your BTC to your bank, take the difference of your final bank dollars minus what you reported and that is your long term gain (or short if less than 6 months).  Obviously this is still the wild west as far as "if" and "how" you report, but this will make it much easier if you decide to.

Also, I have daily dollar to about a dozen other international currencies for the past year, so if anyone needs that, let me know and I will get that implemented sooner than later.  You can see the list on this page: https://www.minergain.com/all_virtual_prices

[bigolin]

I agree on that, but I'd still have to have an extra pc with awesome miner running 24/7. That's why I'd prefer to get the mail directly from the pool.

Or you could do https://ckpoolmonitor.zachmonroe.com/ or https://www.minergain.com/

For a a lot less than 1% fees

Thanks Nazzer.  Just to clarify - minergain is a free work of love for the crypto community that still has a ways to go.  I have the code to monitor workers for a few pools (slush and kano primarily) but have not put the email / text alert for workers going down, but I can add that next week (I 'play' with this on Mondays and Tuesdays).  I finally got rewards with converted dollars at the time of the block working this week for anyone interested.

Cool!!
Thanks for the BTC to $ conversion! Does that use the price of BTC on the date of the reward in the calc?
GREAT Work!

Mine on!

Yes it uses the average price for the day (worst case).  If the reward is in the past few months, the BTC price is gathered every minute (it gets averaged out to 5 minutes after a couple days old).  In most cases it will be the pretty much the price of BTC when the block is found.  I may offer different ways to calculate this in the future (when it gets to your wallet, etc), but this is one of the ways that the IRS recommends you report this if you want to write off your power, equipment and other costs.  So what minergain reports is your income and you already have your costs I suspect.  Then when you convert your BTC to your bank, take the difference of your final bank dollars minus what you reported and that is your long term gain (or short if less than 6 months).  Obviously this is still the wild west as far as "if" and "how" you report, but this will make it much easier if you decide to.

Also, I have daily dollar to about a dozen other international currencies for the past year, so if anyone needs that, let me know and I will get that implemented sooner than later.  You can see the list on this page: https://www.minergain.com/all_virtual_prices

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

[-EOS-]

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

Do you plan on reporting anything for 2017 tax filings?

[minergain.com]

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

I am totally green on all this, but my accountant shared the following reposted document.  
https://www.minergain.com/forum/showthread.php?tid=13

I think there is a chance you could let is slide for 2017, but here was a reply I made regarding being stupid to report...
https://bitcointalk.org/index.php?topic=789369.msg25200495#msg25200495

And another with some guidance on how to track and report:
https://www.minergain.com/forum/showthread.php?tid=31

[jeecom]

I broke my pool account!  I was stupid and set the Worker Management Minimum Diff to 156,000,000.    Since I did that, the Pool shows my miner as offline for over two hours.   So I set the Minimum Diff back to 0, and restarted my miner twice, waiting another hour but it still showed as offline for over three hours now.

So I created a new pool account and pointed my miner to the new account, and it shows as Active and online and is busy working and producing shares. 

Is there a way I can fix my old pool account or somehow consolidate pool accounts so I don't lose the shares I worked on so far?  Like perhaps use the same BTC payment address?

Any advice is appreciated, and I apologize if this has been asked and answered - I did search for a couple of hours but couldn't find anything.

[mtaboneweb]

I agree on that, but I'd still have to have an extra pc with awesome miner running 24/7. That's why I'd prefer to get the mail directly from the pool.

Or you could do https://ckpoolmonitor.zachmonroe.com/ or https://www.minergain.com/

For a a lot less than 1% fees

Thanks Nazzer.  Just to clarify - minergain is a free work of love for the crypto community that still has a ways to go.  I have the code to monitor workers for a few pools (slush and kano primarily) but have not put the email / text alert for workers going down, but I can add that next week (I 'play' with this on Mondays and Tuesdays).  I finally got rewards with converted dollars at the time of the block working this week for anyone interested.

Cool!!
Thanks for the BTC to $ conversion! Does that use the price of BTC on the date of the reward in the calc?
GREAT Work!

Mine on!

Yes it uses the average price for the day (worst case).  If the reward is in the past few months, the BTC price is gathered every minute (it gets averaged out to 5 minutes after a couple days old).  In most cases it will be the pretty much the price of BTC when the block is found.  I may offer different ways to calculate this in the future (when it gets to your wallet, etc), but this is one of the ways that the IRS recommends you report this if you want to write off your power, equipment and other costs.  So what minergain reports is your income and you already have your costs I suspect.  Then when you convert your BTC to your bank, take the difference of your final bank dollars minus what you reported and that is your long term gain (or short if less than 6 months).  Obviously this is still the wild west as far as "if" and "how" you report, but this will make it much easier if you decide to.

Also, I have daily dollar to about a dozen other international currencies for the past year, so if anyone needs that, let me know and I will get that implemented sooner than later.  You can see the list on this page: https://www.minergain.com/all_virtual_prices

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

cointracking.info help me a lot. Beyond that you just need to track your equipment purchases and electric costs really...

[bigolin]

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

Do you plan on reporting anything for 2017 tax filings?

Just started the mining setup 1/5 so I won't have anything to file.

[DPoS2]

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

I am totally green on all this, but my accountant shared the following reposted document.  
https://www.minergain.com/forum/showthread.php?tid=13

I think there is a chance you could let is slide for 2017, but here was a reply I made regarding being stupid to report...
https://bitcointalk.org/index.php?topic=789369.msg25200495#msg25200495

And another with some guidance on how to track and report:
https://www.minergain.com/forum/showthread.php?tid=31

This is vomit inducing.   What say your hard drive got destroyed and all your passwords/wallets were on there and now you have a total loss?

That happens to me right before April every year, just my luck..  along with all my gold sinking in a boating accident.. sorry, nothing to see here - move along

[rifleman74]

This makes me want to vomit just thinking of having to report to the IRS. I need to meet someone that is experienced in tax law and crypto so I can make sure I do things right, or at least as right as possible. I'm going to be saving all of my electric costs over the year. It just makes me have to nervous shit thinking about dealing with all of this.

I am totally green on all this, but my accountant shared the following reposted document.  
https://www.minergain.com/forum/showthread.php?tid=13

I think there is a chance you could let is slide for 2017, but here was a reply I made regarding being stupid to report...
https://bitcointalk.org/index.php?topic=789369.msg25200495#msg25200495

And another with some guidance on how to track and report:
https://www.minergain.com/forum/showthread.php?tid=31

This is vomit inducing.   What say your hard drive got destroyed and all your passwords/wallets were on there and now you have a total loss?

That happens to me right before April every year, just my luck..  along with all my gold sinking in a boating accident.. sorry, nothing to see here - move along

That's why you have a backup.