Re: [25+PH] KanoPool kano.is NO FEE TIL 2018 PPLNS US,DE,SG,JP,NL,NYA 🐈

Just looked at BTC.com and found next difficult level will be increased by 18% in 6 hours. Does it mean the BTC price will go up another 18%

Just a question I havent been able to wrap my head around quite yet:

If I have been mining at kano from 11.dec until now, will the shifts I produced before this diff increase, get paid according to the diff when they were produced, or with the new diff?

Cheers

The 5Nd used to determine the reward, is the 5Nd when the block is found.

Thus yes any shares in the previous 2 weeks (previous diff change), that get rewarded after a diff change, effectively get devalued when diff increases (... it usually does)

This becomes a major issue (major loss) when mining in a small pool that doesn't reward a few times every diff change.
Hopefully we wont end up that small also Sad

It is a bit bazaar that people mining elsewhere want higher fees though Tongue

The reason we have higher variance here is coz people prefer to pay higher fees elsewhere.
Oh well, them's the breaks.

Damn, this is bad for business! Tongue

Means the work I put in from 10.dec gets ~18% less reward because we havent found a block since then? Thats about 600$ for me, if Im not mistaken!

Well your reward per block is your ratio of the 5Nd before the block, so it's not like you get less per block.
The higher diff means we expect less blocks per hash rate - I guess we'll see what happens with luck ...

Ah, didnt think about it like that, I'm praying for some luck, gonna eat some chicken tonight! Tongue