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

[jeecom]

I thought the fee is 0.9% which is 0.009?   Or is the fee 9%?   The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?

[1715055366]

1715055366

[1715055366]

1715055366

[1715055366]

1715055366

[Minty_Andy]

It would be good if you guys just went ahead and mined another block right away.

Much more preferred than waiting a few days.

Thanks in advance.
- andy

[kano]

I thought the fee is 0.9% which is 0.009?   Or is the fee 9%?   The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?

Yeah that too 0.991

[MattMell]

I thought the fee is 0.9% which is 0.009?   Or is the fee 9%?   The reason I ask is 1 - 0.009 = 0.991, but the above formula lists 0.91 which suggests a 9% fee unless I am missing something?

100% right. Will fix

[AerialGopher]

I was able to fix the S7 that had burned up power connections...

So +5ths to the chain...

Its totally gong to be the straw that breaks the block... i can feel it.

Was this the one I posted the link on you tube for you?
Glad it worked out for you if it was!

[AerialGopher]

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!

I was going to ask about this very thing...  I have had several payments into one address. But I keep hearing of this consolidation.  What is exactly meant by it and what benefit is there, or negative if its not done?  I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees?  Ie satoshi's per kb..

I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash...  except for that last one :-)

Thanks.

[nazzer]

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!

I was going to ask about this very thing...  I have had several payments into one address. But I keep hearing of this consolidation.  What is exactly meant by it and what benefit is there, or negative if its not done?  I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees?  Ie satoshi's per kb..

I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash...  except for that last one :-)

Thanks.

Consolidation is turning coins from many inputs into a single output. Since fees are paid based on transaction size, the more inputs you have the more you're paying in fees.

Doing this during low fees is best since you're not paying so much right now in overall fees.

In future if you're sending bitcoin, the smaller transaction size will help you save on transaction fees.

[kano]

There was an unexpected restart of the DB at 8:05am UTC
Web will be lotsa ?'s until the restart completes in about 5 more minutes.
Mining is completely unaffected.

[Jeremiah1610]

I really enjoy that any time a problem arises Kano is already on it before anyone can even type on the boards here. Bravo sir, That is why we are here. Much appreciation for all you do.

[AerialGopher]

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!

I was going to ask about this very thing...  I have had several payments into one address. But I keep hearing of this consolidation.  What is exactly meant by it and what benefit is there, or negative if its not done?  I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees?  Ie satoshi's per kb..

I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash...  except for that last one :-)

Thanks.

Consolidation is turning coins from many inputs into a single output. Since fees are paid based on transaction size, the more inputs you have the more you're paying in fees.

Doing this during low fees is best since you're not paying so much right now in overall fees.

In future if you're sending bitcoin, the smaller transaction size will help you save on transaction fees.

So My wallet creates a new address every time I click receive bitcoin...  so I could essentially send it from the address I was using for the last 2 months, to one of these other new addresses on the same wallet ( I know the wallet address is technically a new wallet, I just mean on the same Application I use as the wallet)  This will accomplish the consolidation?  Is there any pro's or cons to doing it this way?  I know I should put my 12 million in bitcoin on an offline wallet...  But I like the feel of them in my pocket :-)

[nazzer]

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!

I was going to ask about this very thing...  I have had several payments into one address. But I keep hearing of this consolidation.  What is exactly meant by it and what benefit is there, or negative if its not done?  I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees?  Ie satoshi's per kb..

I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash...  except for that last one :-)

Thanks.

Consolidation is turning coins from many inputs into a single output. Since fees are paid based on transaction size, the more inputs you have the more you're paying in fees.

Doing this during low fees is best since you're not paying so much right now in overall fees.

In future if you're sending bitcoin, the smaller transaction size will help you save on transaction fees.

So My wallet creates a new address every time I click receive bitcoin...  so I could essentially send it from the address I was using for the last 2 months, to one of these other new addresses on the same wallet ( I know the wallet address is technically a new wallet, I just mean on the same Application I use as the wallet)  This will accomplish the consolidation?  Is there any pro's or cons to doing it this way?  I know I should put my 12 million in bitcoin on an offline wallet...  But I like the feel of them in my pocket :-)

You could send it to any address on your wallet (if I'm reading what you said correctly).

Each time you receive bitcoin, it essentially is a new input that needs to be signed if you want to send it out. So sending all that loose change to a single address will achieve consolidation.

[bQPFzWplaO32E39Vfv84Us47r]

...

There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd...

what r the details of the ramp up!

[nazzer]

The pay period is 5 times the network difficulty. Your pay per block is based on how many shares you put in during that period no matter how many blocks are found. So each time a block is found the pool will total your shares for the 5nd period vs the pool, and pay you. It takes roughly 2 weeks to ramp up, but then there is also ramp down after you stop mining. This keeps people from pool hopping as you need to stick around through the ramp up, but with the ramp up you are also covered for any potential downtime you experience. The pool expects to find a block every 3 or 4 days so don't expect a daily pay. To save transaction fee's when we pay ourselves we attach our payment to the next block we find so we can process it for free.

Edit: On average (at 100%) each share is rewarded 5 times

[kano]

...

There's a ramp up period of ~15 days on the pool - so if you were fully ramped up on PPLNS for 5Nd...

what r the details of the ramp up!

Help->Payouts

[bigolin]

Quick question:

Has anyone noticed the statistics for January 13th from 01:54:04 UTC through 06:57:26 UTC? The PPS% is different than the rest of the shifts that are in that particular group. It's hard to explain but basically the other shifts in line with it were rewarded the same number of times, but it appears that there might be a statistic issue or those shifts missed a reward somehow. I'm not sure if this is the same timeframe where the server,stratum, whatever went down for a few of us or not.

Just wanted to mention it.

[kano]

Quick question:

Has anyone noticed the statistics for January 13th from 01:54:04 UTC through 06:57:26 UTC? The PPS% is different than the rest of the shifts that are in that particular group. It's hard to explain but basically the other shifts in line with it were rewarded the same number of times, but it appears that there might be a statistic issue or those shifts missed a reward somehow. I'm not sure if this is the same timeframe where the server,stratum, whatever went down for a few of us or not.

Just wanted to mention it.

Diff change
A new shift is always started on a diff change, and the value of a share thus also changes on a diff change.
9moae daisy is a 'new diff change' shift, thus from daisy onwards is different.

Edit: FYI Daisy is the character I always race as in Mario Kart so she got 'd'

[Newko]

It's always nice to wake up and find out that we found a block while I was sleeping 
Thanks Cobra!

[bigolin]

It's always nice to wake up and find out that we found a block while I was sleeping 
Thanks Cobra!

Now you know what it feels like to be a firefighter! BTCBTCBTC

[Newko]

 

It's always nice to wake up and find out that we found a block while I was sleeping 
Thanks Cobra!

Now you know what it feels like to be a firefighter! BTCBTCBTC

[rifleman74]

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!

I was going to ask about this very thing...  I have had several payments into one address. But I keep hearing of this consolidation.  What is exactly meant by it and what benefit is there, or negative if its not done?  I know it means to move the funds to another address or wallet ID, is it simply to put them in one block so that when its moved its not being moved from many blocks over the past couple months and that ads up to more fees?  Ie satoshi's per kb..

I have had all the payments for blocks on kano since dec 10, and about 1 each week from Nov 21 from Nicehash...  except for that last one :-)

Thanks.

It's cheaper to move one "unit" that is 1 BTC vs 100 "unit"s that total 1 BTC.