KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2437 blocks

[VRobb]

Mine to any address in which you own the private key(s).  i.e. not to an exchange.  Many will recommend using core; I haven't so can't say either way on that. Personally I mine to paper address I generated offline on an air-gapped computer and use mycelium to watch and move coinage around when needed.

[highlander113]

Guys some suggestions please, should i mine to my trezor or desktop bitcoin core or brd wallet?

I am using Exodus I have no complains its very easy to use. how is trezor??

[BSGMiner]

Mine to any address in which you own the private key(s).  i.e. not to an exchange.  Many will recommend using core; I haven't so can't say either way on that. Personally I mine to paper address I generated offline on an air-gapped computer and use mycelium to watch and move coinage around when needed.

BINGO! I mine to a super secret squirrel offline paper wallet too.

I do run Bitcoin Core, and I've now accumulated enough coin that I need to sweep all my little payouts into another address to consolidate them. That's when the tough decisions start when you have to decide to possibly spend them out of your digital wallet rather than a paper wallet.

[maddadata]

Guys some suggestions please, should i mine to my trezor or desktop bitcoin core or brd wallet?

I am using Exodus I have no complains its very easy to use. how is trezor??

Trezor gets angry when you make it receive lots of small payments.  It does work but it starts warning you that it's resources are getting sucked up and your acct takes a long time to load.  I use a core desktop wallet as my own little clearing house to accumulate mining payouts, then consolidate those UTXOs to trezor at regular intervals.  Use the "replace by fee" feature and set the fees to the minimum allowed.  Time is not much of a factor when you are just moving money from one of your pockets to another.  It only took me 3 months of mining to figure this out.  If you are the type who really values privacy, running a core node wallet on a desktop has serious privacy advantages over spv wallets.  I'm not that paranoid...but it can't hurt

[qrnode]

Guys some suggestions please, should i mine to my trezor or desktop bitcoin core or brd wallet?

Trezor doesn't like lots of small inputs. I mined to my trezor and after about 6 months it started to load slow. I now send my payouts to blockchain.info/wallet/ and then send them in batches to the trezor.

Trezor says..
    Sending pool payouts to TREZOR

    In general, it is not recommended to direct pool payouts to hardware wallets like TREZOR. All hardware wallets have limited computational power, especially when compared to a desktop computer, and thus require more time to sign a transaction. This is not an issue with normal transactions, but when spending pool payouts, this can severely prolong the time required. Consolidate your pool payouts in an external wallet and then send your savings to your TREZOR. Alternatively, increase the threshold for pool payouts directed to your TREZOR, so that you don’t receive small amounts every day.

[nazzer]

Guys some suggestions please, should i mine to my trezor or desktop bitcoin core or brd wallet?

I am using Exodus I have no complains its very easy to use. how is trezor??

Trezor gets angry when you make it receive lots of small payments.  It does work but it starts warning you that it's resources are getting sucked up and your acct takes a long time to load.  I use a core desktop wallet as my own little clearing house to accumulate mining payouts, then consolidate those UTXOs to trezor at regular intervals.  Use the "replace by fee" feature and set the fees to the minimum allowed.  Time is not much of a factor when you are just moving money from one of your pockets to another.  It only took me 3 months of mining to figure this out.  If you are the type who really values privacy, running a core node wallet on a desktop has serious privacy advantages over spv wallets.  I'm not that paranoid...but it can't hurt

I mine to my Trezor address, and use Electrum to manage the it rather than the web interface.

I consolidate everything to a separate hardware wallet when I get too many coin transactions.


---

On S9's - one of my S9's went into thermal shutdown, I've replaced it with my spare S9 (yes I have a spare S9, due to power constraints) - haven't had time to diagnose the issue but it's likely the fan.

S9 no 11 now pressed into service

Thankfully, noticed it in the morning - only ~10.5 hours offline on one machine.

I'm considering expanding with 841's next.

[ogombii]

many thanks, I got the trezor warnings that is why I posed the question here.   Tanks for the suggestions.

[BSGMiner]

...That's when the tough decisions start when you have to decide to possibly spend them out of your digital wallet rather than a paper wallet.

Speaking of which, man! I just noticed that 741s are going for ~$400! Sad thing is, though, that once you start adding in a new controller, AUC3, and PSUs, you're already at ~$600!

To top it all off, when you plug the #s into Kano's calculator, you realize that after a year of mining with this setup (~0.1 BTC), all you've done is launder your electric bill into BTC ($1000)!

Does anybody else see this as the case, or is the future looking a little bleak? I'm kind of a puzzled how anyone is getting an ROI based on what I'm seeing...

[coinbizarre]

I have 5 $200 and $100 bitmain coupons expiring June 1st if anyone needs them PM me your bitmain ID, they are yours for free.

[nazzer]

BTClock! Thanks Cryptostarusa!

I'm really grateful for the 5Nd ... doesn't feel like my speed diminished much after losing 1 S9 for 10 hours

[kano]

BTClock! Thanks Cryptostarusa!

I'm really grateful for the 5Nd ... doesn't feel like my speed diminished much after losing 1 S9 for 10 hours

Yeah, it's not that you don't lose an amount of mining, if you are off for 10 hours then you expect to lose 10 hours worth of mining, but it's that it is spread out over 5Nd so the variance effect is VERY low vs what your reward should be minus 10 hours.

If instead the N was only 1 hour, the variance effect is actually VERY high, i.e. your chance of getting less or more than your expected reward, is a lot higher.
So as long as your hardware DOES fail a REAL lot on that other pool, it's expected to even out OK eventually.
If being offline is a rare event, then you may win some and may lose some, but if you are in the 50% that loses, you don't expect to get it back.

But again, it's yet another one of those things that a lot of people on other pools don't notice or don't understand

[ZorzyZii]

I'm not exactly sure how anyone would believe marketing hype where a company says they can do something a LOT harder than what Intel, nVidia and AMD have yet to achieve with just CPUs and GPUs

I see no 10nm CPUs or GPUs in the near future, and Bitcoin mining is a lot more power intensive and thus a lot more difficult to manufacture workable chips.

Yet they're boasting jumping straight to 7nm ... ... ...

There's also google-able reasons (related to power issues) why there are no 10nm CPUs and GPUs yet

Here is 7nm chip production for Iphone, maybe Bitcoin have a secrecy over 7 or 10 nm chip production... Hope to soon see a new generation of ASIC miners?

https://www.theverge.com/circuitbreaker/2018/5/23/17383428/apple-a12-7nm-processor-2018-iphones-production

[kano]

I'm not exactly sure how anyone would believe marketing hype where a company says they can do something a LOT harder than what Intel, nVidia and AMD have yet to achieve with just CPUs and GPUs

I see no 10nm CPUs or GPUs in the near future, and Bitcoin mining is a lot more power intensive and thus a lot more difficult to manufacture workable chips.

Yet they're boasting jumping straight to 7nm ... ... ...

There's also google-able reasons (related to power issues) why there are no 10nm CPUs and GPUs yet

Here is 7nm chip production for Iphone, maybe Bitcoin have a secrecy over 7 or 10 nm chip production... Hope to soon see a new generation of ASIC miners?

https://www.theverge.com/circuitbreaker/2018/5/23/17383428/apple-a12-7nm-processor-2018-iphones-production

Maybe some time at the end of next year?

[kano]

There was a connection instability on the main back end server at 07:15 UTC
A large % of miners everywhere will have failed over.
The instability affected connections for a few minutes, so the failover will have been up to 8-10 minutes for those who did failover.
Not sure if it all OK yet.
Edit: OK been no more problems since then so is all OK.

[Shazam!!!]

Thanx Cryptostarusa!!! Morning BTClocks are the best!!!

[BSGMiner]

Thanx Cryptostarusa!!! Morning BTClocks are the best!!!

Ditto!

[Vlada69]

Dear subscriber,

We have recently learned that someone has been calling Bitmain customers. The phone number appears to be our customer service number in China. The caller claims to be offering an "S11" miner. Rumors of a Bitmain S11 miner have been going around the internet for several months.  Bitmain does not offer an "S11" miner and has made no announcement of such a miner.

Please be advised that Bitmain never contacts customers by telephone to announce new products.

For more detail please see this article: https://blog.bitmain.com/en/fraudulent-websites-and-scams-alert/

For official updates and Bitmain news please follow our blog: https://blog.bitmain.com/en/

For information on our products please refer to our official website or Twitter account. You may also subscribe to email announcements.

We continually monitor our system to ensure the security of customer information. Thank you for your continued support.

Best regards

The Bitmain team

This means it is coming out next month

[rifleman74]

Dear subscriber,

We have recently learned that someone has been calling Bitmain customers. The phone number appears to be our customer service number in China. The caller claims to be offering an "S11" miner. Rumors of a Bitmain S11 miner have been going around the internet for several months.  Bitmain does not offer an "S11" miner and has made no announcement of such a miner.

Please be advised that Bitmain never contacts customers by telephone to announce new products.

For more detail please see this article: https://blog.bitmain.com/en/fraudulent-websites-and-scams-alert/

For official updates and Bitmain news please follow our blog: https://blog.bitmain.com/en/

For information on our products please refer to our official website or Twitter account. You may also subscribe to email announcements.

We continually monitor our system to ensure the security of customer information. Thank you for your continued support.

Best regards

The Bitmain team


This means it is coming out next month

Announced yes, but my bet is still after September...

[NotFuzzyWarm]

^^ Why?
This is not the BM thread....

[EncoreMining]

^^ Why?
This is not the BM thread....

Because this is a community and when info comes out we share.