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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks  (Read 5350094 times)
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lok8nusa
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April 12, 2018, 03:48:14 PM
 #39221

~

Still haven't got a ship notice on my Dragon. I only ordered after it was confirmed to be real, so who knows when they'll ship it. I will happily point it to a kano test pool, even if that means tricking DNS into thinking that kano.is is ckpool or slush. However, have to receive it first. I can also give Kano a VPN account so he can connect to it and tweak it if needed.

My point exactly, sir.  You mine here. The ones that keep popping up to ask have no skin in this game. Unlike us, they have no cares about this pool's ongoing operation.


Mine on!!!

Coining bits since 2017 
Kano Pool is the BEST BTC mining pool.
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comby
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April 12, 2018, 04:02:17 PM
 #39222

@kano:
any update on supporting asicboost ?
I am pretty sure we can get another 1000 th/s easyly when supporting that. For myself I do have about 250-300 th/s of dragonpower ready to join.
I for one hope we and most other pools *never* support Halongitosis's odious BDPL version of AB. All that does is reward a company that has shown near zero business transparency and ethics. To those who bought in on their spiel without knowing it only works on 2 pools because Halong deliberately withheld that critical bit of info -- bitch at them but do NOT expect the world to bend to their will.

The 1 good thing they have done is actually deliver a miner. So far they are barely within their advertised spec but at least are being delivered.

Why?

People will use them at slush or somewhere else...

I can talk for myself, that I was able to see a private demo in january already with the 16 th miner - so at all, it's not true that they had zero transparency..
BSGMiner
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1xA921 + 1xA741 + Backup-->1xA6 ;)


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April 12, 2018, 04:07:38 PM
 #39223

Uh, oh... Pool rate went droppies. Cry

Edit: It's comin' back! Grin

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
ccgllc
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April 12, 2018, 04:10:07 PM
 #39224

Doing the math here, I think I'll even be ok during summer pricing, which goes just over 12 cents/kWh.

Although, I have been wondering about the peak pricing option. Not worrying about it now, because I don't have enough machines yet, but if I had considerably more would it be beneficial to switch to the peak pricing and then shut down for five hours M - F. That's 25 hours of downtime out of 168 hours, skips 30+ cents/kWh and runs during off-peak for lower 7 cents/kWh.

If I ran straight through, the average would be about 12.05 cents/kWh. Less than the normal pricing by about .5 cents.

Sounds like more math.  Let me take a swing at it using a 13.5TH 1452 (at the wall) Watts as a basis.  Of course, everything would scale linearly with that.  Lets calc on a week.

168 hours at $0.1205 = $20.24 for power and yields 13.5TH * 168 hours = 8.1648 EHashes = $2.4789/EHash
143 hours at $0.07 = $10.01 for power and yields 13.5Th * 143 hours = 6.9498 Hashes = $1.44/EHash

That is the cost side.  You need to figure your profit side, subtract the cost, and see which is better.

Mined for a living since 2017.  Dabbled for years before that.
Linux admin since 0.96 kernel and Slackware distributions on (4) floppies...
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April 12, 2018, 04:22:30 PM
 #39225

Block 517766 matured at 10:31 EST and popped up in my wallet at 10:32 EST...pretty quick. Grin

No confirmations yet but it shouldn't take long Cheesy

I consolidated yesterday some inputs from March from kano's pool, it cost me a grand total of 35 cents.   LOL




someone explain this consolidation business to me

230TH Mining For Kano!!!
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April 12, 2018, 04:50:42 PM
 #39226



someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.
padrinogtr
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April 12, 2018, 04:58:41 PM
 #39227



someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.

i think i get it
thanks

230TH Mining For Kano!!!
rifleman74
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April 12, 2018, 05:33:59 PM
 #39228



someone explain this consolidation business to me

The fee you pay for a transaction is based on the number of inputs you spend. For example, let's say you're sending .1 BTC. That .1 BTC, however, is really the sum of a bunch of mining outputs. If you get .01 per block, that .1 BTC is 10 transactions of .01.

So your send of .1 is really spending those 10 unspent transactions. This can increase the transaction fee, because the weight of the transaction is bigger.

Consolidating means you spend all your multiple outputs by sending them to a single input when fees are low. That way instead of 10 inputs to your transaction, you just have 1.

Imagine you're at the store and want to pay for your groceries. The total is $20. You have a jar of quarters, or you have a $20 bill. Which is easier to use? Consolidation is taking your quarters (the rewards from all your mining) and merging them into a $20 bill.

i think i get it
thanks


If you have a bunch of inputs from pool mining (doesn't have to be here), might as well merge them all together into one larger input with these fee rates, which are practically 0.   
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April 12, 2018, 05:42:41 PM
 #39229

Back on track, we have a high number of invalids for this block here at .90%    People trying the AsicBoost miners and getting rejected? 


MINE ON WITH KANO-SAN! 
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April 12, 2018, 06:01:58 PM
 #39230

Invalids can be caused by the incomming summer heat.

NotFuzzyWarm
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April 12, 2018, 06:14:42 PM
 #39231

Back on track, we have a high number of invalids for this block here at .90%    People trying the AsicBoost miners and getting rejected?  

MINE ON WITH KANO-SAN!  
No. Said many times here and in the Halong thread stated by he-who-is-not-to-be-named here who is one of the code devs -- the T1 will not even connect to a non-AB pool.

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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April 12, 2018, 06:24:28 PM
 #39232

Why Kano pool has no minimum payout treshold setting?

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April 12, 2018, 06:26:43 PM
 #39233

Why Kano pool has no minimum payout treshold setting?
Skim through the last several pages. Very common query and for those who take the time to look always the same answers

- For bitcoin to succeed the community must police itself -    My info useful? Donations welcome! 1FuzzyWc2J8TMqeUQZ8yjE43Rwr7K3cxs9
 -Sole remaining active developer of cgminer, Kano's repo is here
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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April 12, 2018, 07:18:26 PM
 #39234

Block by MicroBalrog!  Welcome to the Acclaim Board with your 1st Kano block! Cheesy

This is our 2nd of BLOCK THURSDAY! Cheesy Cheesy

Nice fat block at 12.87074350!  That's a little higher than recent blocks! Cheesy
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April 12, 2018, 07:19:30 PM
 #39235

100TH Farm solving a Block!!!

Thanks Microbalrog!
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April 12, 2018, 07:20:02 PM
 #39236

KanoPool Block 517900 Found at 04/12/2018 07:17:46pm UTC 12.754863 value after 0.11583700 fee ($99,252 USD), 0.00009124 BTC/Th est payout, which took 16h:25m:28s to find with 54.81% diff with 1.92T Shares and pool hash 139.79PH/s

www.minergain.com - Free miner equipment tracking and reporting
Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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April 12, 2018, 07:22:58 PM
 #39237

You can't get 3 blocks in a day without getting the first 2, so we're good for the 3rd now.
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April 12, 2018, 07:23:58 PM
 #39238

Yay block
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April 12, 2018, 07:33:52 PM
 #39239

KA-POW!


MINE ON WITH KANO-SAN!
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April 12, 2018, 07:34:32 PM
 #39240

Congratz to MicroBalrog!!!
less than 100THash and found a block!
Welcome to the aclaim board.

1 S9, 2  A741s, 1 A821, 3 A841s, and full bitcoin node
About 80THash/sec
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