KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2438 blocks

[wavelengthsf]

Thanks Cobra!  (and wow, 4 confirms already.)

[fjtropepe]

And like that we start our run over again.

[clgrissom3]

Consolidate your transactions with the low fees!

Indeed - don't wait for the next run of high fees then complain about them
Do it! Do it now!

I did and it was confirmed very quickly even with the low fees.  Now is the time to consolidate all of your small payouts to another wallet you own!

[Waztim]

Yeah Baby!! BTC Mine On With Kano-San, the Best Bitcoin Mining Pool on Earth!!

[nazzer]

That's a pretty decent block too

Ramped up to 66% of my miners as well - now let's have a couple of quick blocks to start the week off!

[padrinogtr]

very nice
im 30% ramped up now

[MattMell]

Nice block! Mine on!

Very lucky pool this And some great miners  
Description   Time   Mean Diff%   MeanTx%   CDF[Erl]   Luck%   ?PAPPS%
Last 5 Blocks   9.0days   57.34%   127.67%   0.1629   174.39%   220.63%
Last 10 Blocks   28.1days   87.34%   131.85%   0.3776   114.49%   149.60%

[rifleman74]

Block! by cobramining
15.2 BTC

BADA BING!

[clgrissom3]

Nice block! Mine on!

Very lucky pool this And some great miners 
Description   Time   Mean Diff%   MeanTx%   CDF[Erl]   Luck%   ?PAPPS%
Last 5 Blocks   9.0days   57.34%   127.67%   0.1629   174.39%   220.63%
Last 10 Blocks   28.1days   87.34%   131.85%   0.3776   114.49%   149.60%

And we are still in the GREEN for January!

[Thrash]

Awesome! The Cobra strikes again!

[1manshow]

Consolidate your transactions with the low fees!

Indeed - don't wait for the next run of high fees then complain about them
Do it! Do it now!

I did and it was confirmed very quickly even with the low fees.  Now is the time to consolidate all of your small payouts to another wallet you own!

Sorry for being noob here, but what's the fuss about this consolidation of transactions? How and what I should do to take advantage of low fees? When I tried checking my electrum wallet, it still shows the same old 0.0015 BTC/kB fees for confirmation within next 25 blocks. What I am missing here, please care to elaborate?

[kano]

Consolidate your transactions with the low fees!

Indeed - don't wait for the next run of high fees then complain about them
Do it! Do it now!

I did and it was confirmed very quickly even with the low fees.  Now is the time to consolidate all of your small payouts to another wallet you own!

Sorry for being noob here, but what's the fuss about this consolidation of transactions? How and what I should do to take advantage of low fees? When I tried checking my electrum wallet, it still shows the same old 0.0015 BTC/kB fees for confirmation within next 25 blocks. What I am missing here, please care to elaborate?

Yeah don't take too much notice of electrum (or core or anyone else ...) about what txn fees are needed at the moment.
The best way to tell is to have a look at the last 20-50 blocks and see the total fees in them.

Considering that the pool payout got confirmed by someone else, means that low fee transactions must be getting through
35,858 bytes and 42,000 sat fee

[Tnaa97]

Block! by cobramining
15.2 BTC

THANKS COBRAMINING!!!

MINE ON!

[matscol]

was looking to preorder several pallets of A821s to split some back here and try to help bring the pool hash rate up, but total uncertainty about the possibility of being chosen plus $3000-4000 (also uncertain) per unit? At a time when coin prices feel as though they might be headed for a prolonged slide and electric companies are tightening expansion availability and/or making new rules/fees for mining customers.... I'm sure canaan will find plenty of customers, but not me. Not thrilled with having to keep adding S9s, but it seems like the only viable option for now.

[admidiral]

0.01079997 for this block and average th at 23.42

cant think when im going full ramp lol

[alexjames2]

At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?

[nazzer]

At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?

There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd, assuming the same block size you'd be making roughly:

0.02132694 x 15/6 = 0.05331735 per block.

at 100% that's 1 block every 3 days, so 0.1066347.

Which is 6% more than btc.com.

I think that's a pretty big advantage, don't you?

[kano]

At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?

There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd, assuming the same block size you'd be making roughly:

0.02132694 x 15/6 = 0.05331735 per block.

at 100% that's 1 block every 3 days, so 0.1066347.

Which is 6% more than btc.com.

I think that's a pretty big advantage, don't you?

Also that was a 200% block, so half the expected reward for the time of the block.

Looking at rewards at the single block level is completely pointless.

e.g. the other day we got a 5% block and a 9% block - at full level, those two blocks would reward more than 20x any PPS pool and more than 11x any PPS pool.
Oddly enough I won't claim that we are getting 20x any PPS pool
Nor will I claim we are getting 1/5 of a PPS pool.

The Blocks web page has the long term numbers

[MattMell]

At least i got the reward... I got 0.02132694 BTC for 6 days.
If I used btc.com I would get 0.1 for this time.
So, what is the advantage?

Try this and compare to other pools (it makes some assumptions but also that you are fully ramped up for the 2 months):

January (to date):
 Your BTC= 0.991*8*12.5*1.3204*(your hasing power in TH/s) / (31980)

December:
 Your BTC= 0.991*10*12.5*1.2911*(your hasing power in TH/s) / (26210)

Will be interesting to see how it compares.

Edit: History is no guarantee of future
Edit 1: Kano worked for free in December 0% fee.
Edit 2: I cant do math 0.9% fee corrected

[MattMell]

Edit: December was zero fee
(and November was 1/3 zero fee)

Oh yes. I forgot - Kano worked for free in December