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Author Topic: KanoPool since 2014 🐈 - PPLNS and Solo 0.5% fee - Worldwide - 2435 blocks  (Read 5350086 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (50 posts by 3+ users deleted.)
Yrth
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June 20, 2018, 12:37:30 AM
 #41781

Is there a chance that is what happens when a larger miner has a bank of machines go offline?

Just a guess
 

Edit: oh I missed mentioning a second cause of it also.
There's a large miner that fails over often to the pool, his SPS value is actually about the same as the pool total SPS!
So when that happens, there may be a large number of 'Hi' shares when he connects - and as I've explained before about 'Hi' shares, they actually don't matter at all in terms of reward effect on the miner. But alas, they do show up as part of the 'Invalid' count.
So again, when this happens, if the pool Diff% is very low, it will appear as a much higher Invalid %.

WHOA....pump the brakes a sec!  Almost missed the scope of this!  U are sayin there is a 200+ph miner who FAILS over to the pool randomly?  That's a really big fish in a really small pond!  Not complaining, just wondering the logic of such a move  Huh
I've seen luckyant fail over with 117 PH in gear before. I used to have a screen shot of it somewhere.
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BSGMiner
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June 20, 2018, 01:10:15 AM
Last edit: June 20, 2018, 01:37:41 AM by BSGMiner
 #41782

Hmm - block txn fees have gone up over the last 12 hours on all blocks - hmm I wonder if that's the sign of a price rise? Smiley
It figures! I was just going to consolidate my mining payouts...

So what fee would you guys recommend since I'm using Bitcoin Core to consolidate ~0.05 BTC if you were in no rush to get it confirmed?

Also, I noticed when I imported my mining address that Bitcoin Core created 3 different addresses in my wallet--each starting with a different character (e.g. 1, 3, b)...

Does that mean I could consolidate my BTC from one to another of the three even though they were all generated from the same private key?

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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June 20, 2018, 01:17:26 AM
 #41783

Hmm - block txn fees have gone up over the last 12 hours on all blocks - hmm I wonder if that's the sign of a price rise? Smiley
I've been following that exact trend, and ya...bulls bring tx fees, bears don't.  Always a good sign  Smiley
As much as I can't stand all the speculators manipulating the market on BTC, gold, silver, etc., I'm with you here in thinking that they've been waiting to see how low BTC goes before it steadies out, and then they pounce, driving it up in a fury, and getting right back out after they've made a cool mill or two...

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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June 20, 2018, 02:09:24 AM
 #41784

Hmm - block txn fees have gone up over the last 12 hours on all blocks - hmm I wonder if that's the sign of a price rise? Smiley
It figures! I was just going to consolidate my mining payouts...

So what fee would you guys recommend since I'm using Bitcoin Core to consolidate ~0.05 BTC if you were in no rush to get it confirmed?

Also, I noticed when I imported my mining address that Bitcoin Core created 3 different addresses in my wallet--each starting with a different character (e.g. 1, 3, b)...

Does that mean I could consolidate my BTC from one to another of the three even though they were all generated from the same private key?
I always do pretty close to the minimum and check the box to change the fee later on.  A few months ago when it was so crazy, it would sometimes take 3 to 4 weeks but eventually would go through.  You can check minergain at https://minergain.com/faq.html#btctxfees and look at the 1 week amount.  According to the last stats, the mempool is still low at 3.6 Mb, so should still confirm pretty quickly.

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Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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June 20, 2018, 02:14:52 AM
 #41785

Hmm - block txn fees have gone up over the last 12 hours on all blocks - hmm I wonder if that's the sign of a price rise? Smiley
It figures! I was just going to consolidate my mining payouts...

So what fee would you guys recommend since I'm using Bitcoin Core to consolidate ~0.05 BTC if you were in no rush to get it confirmed?

Also, I noticed when I imported my mining address that Bitcoin Core created 3 different addresses in my wallet--each starting with a different character (e.g. 1, 3, b)...

Does that mean I could consolidate my BTC from one to another of the three even though they were all generated from the same private key?
I always do pretty close to the minimum and check the box to change the fee later on...
Thanks. Any idea about the three addresses generated from the same private key thing?

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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June 20, 2018, 02:43:27 AM
 #41786

Hmm - block txn fees have gone up over the last 12 hours on all blocks - hmm I wonder if that's the sign of a price rise? Smiley

It will be nice to get some higher txn fees in our blocks again... Smiley

And there's the block! Cheesy
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June 20, 2018, 02:52:09 AM
 #41787

block by sidewinder!! It's a whopper!! 17.02294287 BTC  Shocked Cool
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June 20, 2018, 02:52:19 AM
 #41788

Baaaaaa-llllllooooooooccccckkkk!!!!!!!

17BTC block... Maui-waui, dude! Tubular!

Thank you very much, sidewinder!

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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June 20, 2018, 02:52:55 AM
 #41789

Baaaaaa-llllllooooooooccccckkkk!!!!!!!


HELL YEAH, BIG BLOCK, NO WHAMMIES!
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June 20, 2018, 02:54:31 AM
 #41790

block by sidewinder!! It's a whopper!! 17.02294287 BTC  Shocked Cool
Bigger the better. Thanks sidewinder  Grin
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June 20, 2018, 02:58:05 AM
 #41791

Wtf? The previous block was 15 btc
   
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June 20, 2018, 02:59:38 AM
Merited by notaek (2)
 #41792

Thanks. Any idea about the three addresses generated from the same private key thing?

You can consolidate to any of your address, regardless of type. Just send the max amount (or use coin control) to any one of your addresses, even if it's in the same wallet.

If you're not in a rush to consolidate, I would sent 1sat/byte with RBF enabled. This is the distribution of the mempool right now, meaning it will probably get cleared soon, so 1sat/byte would be enough. However, it could keep climbing, in which case you may have to bump the fee up via RBF so your coins are not stuck.

Wtf? The previous block was 15 btc

Some guy paid 5k satoshis/byte  Shocked

taking a break - expect delayed responses
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June 20, 2018, 03:01:31 AM
 #41793

Wtf? The previous block was 15 btc
   



We may be heading back to the Nov/Dec days....18-20BTC blocks were the norm.   
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June 20, 2018, 03:02:11 AM
 #41794

block by sidewinder!! It's a whopper!! 17.02294287 BTC  Shocked Cool

Wow!  Awesome!!!!!!
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June 20, 2018, 03:21:12 AM
 #41795

The previous block was 15 btc
Ours was just 17BTC!!! I could get used to those April-sized (no offence, April Wink) payouts again. Grin

The BTCest mining pool (<1% fee): KanoPool
***PPLNS rewards averaged over the 5Nd to reduce variance***
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June 20, 2018, 03:48:28 AM
 #41796


NICE FAT BTClock!
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June 20, 2018, 05:58:34 AM
 #41797


NICE FAT BTClock!
2nd highest txn fee block of all bitcoin pool blocks, in a long time Smiley

Pool: https://kano.is - low 0.5% fee PPLNS 3 Days - Most reliable Solo with ONLY 0.5% fee   Bitcointalk thread: Forum
Discord support invite at https://kano.is/ Majority developer of the ckpool code - k for kano
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June 20, 2018, 08:24:48 AM
 #41798

BTCeen a long time since I've woke up to a FAT one!!! BTCamm!!!

Click these links to learn some truth about Big Corporate mining pools stealing your money and centralizing BTCitcoin!!!
Help support the BTCitcoin community!!! Mine your BTCitcoin at a non-Corporate pool!!! BTC: 1ShazamjsPnpWDNnk3n2tAiKGMdXaSjay
I mine BTCitcoin at a non-Corporate pool with no hidden fees, no empty BTClocks: Kano Pool   ■ get Kano Pool signature banners here ■
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June 20, 2018, 09:17:09 AM
 #41799

it IS great!!

Can someone explain me how a block gets fat or not? I hear transactions etc. but isnt it just a list of all transactions that every block carries with it? (so all should be approximately equal?)

thanks.
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June 20, 2018, 10:54:45 AM
 #41800

When you send a transaction to somewhere else, you decide what transaction fee to add to it.  In the case of the exchanges, they make it simpler by picking the highest value (quickest confirm time) for you.  If you want your money moved quickly, you need to put a higher fee so that the miners pick it up right away.  If there are a lot of transactions waiting, that transaction money keeps getting higher to get over the top of everyone else.  As we mine, Kano's software picks out the best transactions for us to use in our mining.  Once we get the block, all the transaction fees get added to our mining proceeds.  So the net effect is that when bitcoin is active (more marketing hype perhaps), we get paid a lot more per block we find.

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Mike is a tiny miner: 8 S9, 1 D3, 6 RX470
I mine at Kano Pool, for better BTC Profits!
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