Quote from: BSGMiner on March 20, 2018, 02:42:40 PM

Quote from: chauski01 on March 20, 2018, 10:47:09 AM

Quote from: JDLSantos on March 20, 2018, 10:07:27 AM

Hi, I am new here and have Newbie questions...

...If unlucky, we have to endure and shoulder some electricity cost and hope the next month will get lucky to cover up the current month and the next month. Its just this cycle here in kanopool...

Sorry if it sounds like I'm splitting hairs here, but I only bring a mere ~3.5THs to the pool, and I still cover my electricity costs.

You may consider a bad month like February "electricity laundering", but, hey, any month that I can exchange electricity for Bitcoin gives me an opportunity to make more than the USD I paid my electric with.

I know this puts a positive spin on things; however, the fact remains that if you look at MinerGain.com, you'll see it's still more profitable here than the big pools like Slush.

Never forget that big, corporate pool miners pay a premium for daily payouts!

Mine on with Kano!

Exactly my point, the Feb death month... Cheesy

This is just to set an expectation to new joiners that not all are good months but in generall all in all, as what all people here say and after my personal experience, kanopool is still the best. Just have to set the expectations that there are months that what we call are sloOOow.. Cheesy

So my Feb earnings vs expenses.
I was fully ramped up until we got the feb 600% block.. ouch... for the whole month of feb, 1 X S9 fully ramped up only got me around 0.0187XXX BTC.
Feb 28 BTC closed at around 10,200 USD. Unfortunate for me, electricity bill is around USD 0.2 cents per KWh.
So i had to cover up for the electricity expenses for the death month. Im OK with it since as what we always expect is, if there is a down month, there will always be a good month, which i believe could happen and is happening this month.. So as what KANO-SAN always mention, luck always evens out and goes back to 100%? Grin

Just wanted to clarify things out to set the right expectation again. Because just like me, when i was fairly new to kanopool, i had soo much expectations and didnt really understand what things were, just just realized only early this year and unfortunate enough i was one of the newbies that was hit by the DEATH month of feb, but i endured and believed and stayed..thanks to this amazing community!