Post
Topic
Board Pools
Re: [25+PH] KanoPool kano.is BEST 0.9% fee PPLNS US,DE,SG,JP,NL,NYA 🐈
by
stickpony
on 02/01/2018, 18:11:09 UTC

HI Kano,

is there a way for you to help me Accelerate two transactions? i sent them from a very old wallet to my new wallet, at the time i didnt know how much the fees hiked since the old wallet software was built. the fee attached to the TX below are 0.0002, and 0.0004 respectively, and i don't knwo hwo to get them accelrated, theyve been stuck in limbo for a week + now:

9fa92a28c197cd050368885d9af530ef18239e042de903a65da23166e1f6a83c

4499dcd41be206d26c7354a5d8fc686069bc7ae0671a58b970857e34c188e335

thanks for any help you can lend!


Payouts can't be sent before the block matures - that's the rules of bitcoin.
So after 101 blocks after we find the block, I send out the payout.

It wont be confirmed quickly coz I don't want to spend $2000 out of my pocket on every block adding fees.
I'm not gonna try running the pool at a big loss and use up my BTC Smiley
(that's about how much is necessary at the moment to match the expected Satoshi per Kb)
So what I (usually) do is put 42,000 sat fee on every block - only about $5 dollars.

If fees are low and blocks aren't full, then some pool will possibly pick it up and confirm it.
If fees are not low, then it's unlikely to get picked up.

I also put the payout into our work, thus if any payouts already sent out are not confirmed when we find a block, the block will confirm them.

Thus the explanation as it says on the Help->Payouts page:
Quote
When are payments sent out?

The block 'Status' must first reach '+101 Confirms' on the Blocks page, and then is flagged as 'Matured', before the reward is distributed.
The block reward transaction is created manually some time before the block matures, and sent out automatically a minute after the block matures.

The payout may use a zero fee transaction, so we will confirm it with the next block we find after the transaction is sent out.
You may not see the transaction in your wallet before the first confirm.

... with an extra bit that it might be confirmed earlier (but unlikely) if fees are very low, and as I do most of the time, if I added a 42,000 sat fee.