KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks

[rifleman74]

Sssssh, be vewy vewy quet.  We're hunting wabbits.








MINE ON WITH KANO-SAN!

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[minergain.com]

I calculated my 7 day CDT from block 516833 to block 517900 (6.7 days) to be 0.00008112 as opposed to 0.00006588 calculated at Minergain - maybe the numbers at Minergain are slightly off?

Remember that the CDT values are based on this exact minute, so if you check it right when a block is last found (give it a minute to get everything recalced), it should be much closer.  The more  minutes you get away from that, the more the value can change.  I also do have some caching going on which can cause minor differences (6 to 7 decimal places of resolution if I were to guess).

Maybe could change this to 0000 UTC (or daily) rather than have it calculate up to the minute?

I could - but to do that accurately, wouldn't I have to exclude today's blocks to actually have 7 days (and 30, etc)?  As it stands, for the 7 day one, I grab all blocks that have been found in the last 10,080 minutes (if my quick math is right).

[Shazam!!!]

BTCig BTClock Weekend is here!!! Bust out your dancing shoes!!! Goodluck EVERYONE!!!

[Vlada69]

BTCig BTClock Weekend is here!!! Bust out your dancing shoes!!! Goodluck EVERYONE!!!

Same to you Shazam.

[firetreeactual]

Well I'll be damned! Rather like Coke admitting they screwed up when they changed their formula, Bitmain blinked!
After trying push BitCH down our throats by dropping acceptance of BTC for so long have they perhaps seen the error of their ways?

Probably not. And also still will not sway me to again use Bitmain Ants.

Does Canaan take BTC? I see their site says "We will give you wiring instructions and a final invoice."

I think they are expecting a wire transfer if it says that

There was (at least a week or two ago) further verbage that defined wire transfers only for larger orders. BTC taken otherwise. Since you're going to have to buy from Blokforge or someone else anyway, that shouldn't be a consideration unless you want to be a distributor...and then you're not going to be doing "small" orders.

[rifleman74]

BTCig BTClock Weekend is here!!! Bust out your dancing shoes!!! Goodluck EVERYONE!!!

I AM DANCING IN MY CHAIR!   Let's crackalack!


MINE ON KANO-SAN!

[kano]

Forgive my ignorance but can someone please explain why the reward appears to be slowly shrinking?  I understood that the reward would reduce slightly as more hashing power came to the pool (more users creating more hashing power relative to me)  But the reward is stilll slowly shrinking while the pool's overall hash rate also appears to be shrinking slightly?  Last week it was something like 168K TH/S now its around 150K TH/S but the reward given yesterday (for my unchained hash rate is still slightly smaller).

Thanks in advance.  

Look at the Pool->Graph to see what the pool hash rate is doing.
No need to guess or remember a sample
Yes the hash rate has decreased a bit, but the average over 5Nd has still gone up.

If the average hash rate increases, the reward per TH per block will decrease.
But the expected number of blocks per 'day' increases.

However, you can see on the rewards page itself, exactly what happens with each block we find:
The pool average hash rate over the 5Nd is "Pool N Avg"
the reward for that block is "Miner Reward"
and your average hash rate over the 5Nd is "Your N Avg"

However, 2 of those are calculations, so you are actually better to look at the numbers used:
The pool diff over the 5Nd is "N Diff"
the reward for that block is "Miner Reward"
and your diff over the 5Nd is "Your N Diff"

Your fraction of the "Miner Reward" is "Your N Diff"/"N Diff"

Thus your reward is affected by those 2.
So if "Your N Diff"/"N Diff" goes up, you expect to get more per block.
If "Miner Reward" goes up, you expect to get more per block.

but since it depends on all 3 numbers, then the overall result can be up or down depending on which changes the most.

"N Diff" doesn't change much per diff change (random based on where 5Nd hits the starting shift)
It 'usually' goes up each diff change - each 2016 blocks - approx every 2 weeks.

"Your N Diff" will go down if the pool average hash rate over 5Nd goes up - since that means it took less time to get to 5Nd so you had less time to submit shares, so you will have submitted less Diff over the 5Nd.

Edit: I forgot to mention
"N Range" is the time used in the calculations.
e.g. "Pool N Avg" = "N Diff" / "N Range"
"Your N Avg" = "Your N Diff" / "N Range"

[maf3233]

What's the lowest hash rate someone has recently found a block with? Just wondering 

[kano]

What's the lowest hash rate someone has recently found a block with? Just wondering 

Well every block is found by a single piece of mining hardware

Sometimes that is the only miner someone has mining.

[maf3233]

What's the lowest hash rate someone has recently found a block with? Just wondering 

Well every block is found by a single piece of mining hardware

Sometimes that is the only miner someone has mining.

Thanks for the info 

[kano]

Diff change ... ouch

Code:

[2018-04-14 02:22:42.845+00] workinfo_add(): DIFF CHANGE: hi=518112 delta=9.35% new=3839316899029.7 prev=3511060552899.7

[nazzer]

BTCig BTClock Weekend is here!!! Bust out your dancing shoes!!! Goodluck EVERYONE!!!

3 blocks today would be great 

[BSGMiner]

Thought I was going crazy there for a second with the Share % going the wrong way... Stupid difficulty increases.

[chauski01]

Dance dance dance....!

cmon big block weekend!

[comby]

Diff change ... ouch

Code:

[2018-04-14 02:22:42.845+00] workinfo_add(): DIFF CHANGE: hi=518112 delta=9.35% new=3839316899029.7 prev=3511060552899.7

by the way, does that mean it's 9.35% less value for anyone cause we need 9.35% longer to find a block?

[tarby32]

So today i had a warning from my online wallet saying that because i recieve payments from mining little and often the charges for moving my btc will be much higher... Is there any way around this extra fee ??

[nazzer]

So today i had a warning from my online wallet saying that because i recieve payments from mining little and often the charges for moving my btc will be much higher... Is there any way around this extra fee ??

Step 1: Stop using an online wallet

Step 2: Get electrum and generate a new address - optional: get a hardware encryption key (Ledger or Trezor)

Step 3: Profit

[kano]

Diff change ... ouch

Code:

[2018-04-14 02:22:42.845+00] workinfo_add(): DIFF CHANGE: hi=518112 delta=9.35% new=3839316899029.7 prev=3511060552899.7

by the way, does that mean it's 9.35% less value for anyone cause we need 9.35% longer to find a block?

Well it means that the average expected amount of work to find a block has increase by 9.35% yes.

[tarby32]

So today i had a warning from my online wallet saying that because i recieve payments from mining little and often the charges for moving my btc will be much higher... Is there any way around this extra fee ??

Step 1: Stop using an online wallet

Step 2: Get electrum and generate a new address - optional: get a hardware encryption key (Ledger or Trezor)

Step 3: Profit

Sorry edit on my first post, my wallet isn't an online its a desktop but it appears that the fees are spectacularly high. Is this the same will all wallets that collect mining gains ?

Thanks Nazzer, Whats the difference in regard to fees then with electrum ?

[kano]

So today i had a warning from my online wallet saying that because i recieve payments from mining little and often the charges for moving my btc will be much higher... Is there any way around this extra fee ??

Step 1: Stop using an online wallet

Step 2: Get electrum and generate a new address - optional: get a hardware encryption key (Ledger or Trezor)

Step 3: Profit

Sorry edit on my first post, my wallet isn't an online its a desktop but it appears that the fees are spectacularly high. Is this the same will all wallets that collect mining gains ?

Thanks Nazzer, Whats the difference in regard to fees then with electrum ?

No. You can now send a transaction with a tiny fee coz blocks are rarely full.
See here for an idea of the fees: https://btc.com/