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Author Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool  (Read 2034628 times)
mdude77
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September 01, 2014, 11:34:38 AM
 #10521

Official subscribed flat price is 0.0016 BTC/Gh/s.

Each user is limited to a maximum of 1,000Gh/s.

Maintenance fee of $0.0032424/GH/s/Day.

So max buy in is 0.0016 BTC/Gh/s x 1,000Gh/s = 1.6BTC

Maintenance fee of $0.0032424/GH/s/Day = $3.2424 per day or $98.623 per month

So a hosted S2 in China for 1.6BTC & $3.24 per day including power etc.

This price is a bit steep IMHO.  1.6 BTC for 1 tH/s?  Can do better with 3 S3s if you have PSUs already, and electric cost is about the same or less.

M

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mdude77
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September 01, 2014, 12:27:42 PM
 #10522

Official subscribed flat price is 0.0016 BTC/Gh/s.

Each user is limited to a maximum of 1,000Gh/s.

Maintenance fee of $0.0032424/GH/s/Day.

So max buy in is 0.0016 BTC/Gh/s x 1,000Gh/s = 1.6BTC

Maintenance fee of $0.0032424/GH/s/Day = $3.2424 per day or $98.623 per month

So a hosted S2 in China for 1.6BTC & $3.24 per day including power etc.

This price is a bit steep IMHO.  1.6 BTC for 1 tH/s?  Can do better with 3 S3s if you have PSUs already, and electric cost is about the same or less.

M

Also, that's roughly 30% maintenance fee at current BTC USD value.  Painful times.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
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coinme.info
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Interesting...


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September 01, 2014, 07:06:03 PM
 #10523


After so many months of inactivity on the p2pool dev side, I'm just happy to see something happening at last. It's either this or nothing, & I think we're all pretty tired of nothing. Once the code is released, I'm sure some good will come of it....... Smiley

Totally agree with you on this. I hope it allows small miners to remain in the game, even the people with just an S1.

follow me @CoinMeInfo for irregular random crypto insights...
coinme.info
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Interesting...


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September 01, 2014, 07:09:36 PM
 #10524

Official subscribed flat price is 0.0016 BTC/Gh/s.

Each user is limited to a maximum of 1,000Gh/s.

Maintenance fee of $0.0032424/GH/s/Day.

So max buy in is 0.0016 BTC/Gh/s x 1,000Gh/s = 1.6BTC

Maintenance fee of $0.0032424/GH/s/Day = $3.2424 per day or $98.623 per month

So a hosted S2 in China for 1.6BTC & $3.24 per day including power etc.

This price is a bit steep IMHO.  1.6 BTC for 1 tH/s?  Can do better with 3 S3s if you have PSUs already, and electric cost is about the same or less.

M

My view as well and given that these S2s have probably been running for how many months already?

follow me @CoinMeInfo for irregular random crypto insights...
mdude77
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September 01, 2014, 08:11:52 PM
 #10525

Official subscribed flat price is 0.0016 BTC/Gh/s.

Each user is limited to a maximum of 1,000Gh/s.

Maintenance fee of $0.0032424/GH/s/Day.

So max buy in is 0.0016 BTC/Gh/s x 1,000Gh/s = 1.6BTC

Maintenance fee of $0.0032424/GH/s/Day = $3.2424 per day or $98.623 per month

So a hosted S2 in China for 1.6BTC & $3.24 per day including power etc.

This price is a bit steep IMHO.  1.6 BTC for 1 tH/s?  Can do better with 3 S3s if you have PSUs already, and electric cost is about the same or less.

M

My view as well and given that these S2s have probably been running for how many months already?


If winter was just wrapping up in the northern hemisphere, and lots of warm weather was ahead, I'd consider it.

But cold weather is coming this side of the world.  Once again my space heaters can be put to good use.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
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murdof
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September 02, 2014, 06:57:09 AM
 #10526

So how is Matt's fork running guys?

I wanted to ask if Matt's fork is lifting the issue of having to use low latency connections for P2Pool.

norgan
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Decentralize your hashing - p2pool - Norgz Pool


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September 02, 2014, 11:10:22 AM
 #10527

Nearly 4Ph/s! Are we starting to bitmains hash from this new cloud service?

Miner, tech geek, operator of NorgzPool - Sydney Australia P2Pool Node creator of p2pool fancy front end

Tips: 1NorganBbymShTN2MMpfGzRYJF8mcPeXjv Exchange BTC locally in Australia or Donate to p2pool miners
windpath
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September 02, 2014, 12:45:45 PM
 #10528

So how is Matt's fork running guys?

I wanted to ask if Matt's fork is lifting the issue of having to use low latency connections for P2Pool.

Been running the fork for about 4 days, no issues, works great. I noticed this morning that there is an upgraded version already, will update to that today and keep testing.

Matt's fork does NOT have any effect on typical p2pool shares, it only relays found Bitcoin blocks, and p2pool latency is still something to keep a close watch on.


jonnybravo0311
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Mine at Jonny's Pool


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September 02, 2014, 01:09:03 PM
 #10529

So, Bitmain changed the price of their new cloud mining contract to 0.00135BTC, down from 0.0016BTC.  Still never going to make a positive ROI.  It's just another cloud mining scheme designed to put money into the pockets of the service providers.  Ask yourself this: would you purchase an S2 right now for 1.35BTC?  Even with $0.10/kWh electric costs, you'll need the difficulty jumps to be under 6.5% to turn a profit.  Good luck.  Now, look at Bitmain's offering.  They'll sell you 1TH/s of mining, but charge you 37% fees.  That 37% will change as the price of BTC fluctuates.

As for the p2pool impact, I sure hope Bitmain has figured out how to deal with the variance problem.  Throwing another 4PH/s onto the network will mean share difficulties of about 50M.

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
windpath
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September 02, 2014, 01:25:34 PM
 #10530

...

As for the p2pool impact, I sure hope Bitmain has figured out how to deal with the variance problem.  Throwing another 4PH/s onto the network will mean share difficulties of about 50M.

Yea, I asked about it in their announcement thread, that 4PH will basically annihilate many p2poolers if they have not come up with some radical change to how p2pool calculates/makes payments.

I'll suggest now, possibly prematurely, that this may be the catalyst to have 2 separate P2Pool share chains running independently.

mdude77
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September 02, 2014, 01:28:37 PM
 #10531

...

As for the p2pool impact, I sure hope Bitmain has figured out how to deal with the variance problem.  Throwing another 4PH/s onto the network will mean share difficulties of about 50M.

Yea, I asked about it in their announcement thread, that 4PH will basically annihilate many p2poolers if they have not come up with some radical change to how p2pool calculates/makes payments.

I'll suggest now, possibly prematurely, that this may be the catalyst to have 2 separate P2Pool share chains running independently.

I would assume that p2pool will fork, and the one we are currently using will die.  That's assuming, of course, the antp2pool addresses the issues.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
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pmorris
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September 02, 2014, 01:42:38 PM
 #10532

Check this out:

https://bitcointalk.org/index.php?topic=765128.msg8620903#msg8620903

Bitmain are going p2pool BIG time..... Grin Grin Grin

Seems we might just have found our new devs...........

It's good to see something happening on development front.

If they attach a few PH/s to could this swamp p2pool though? Won't this cause share difficulty to rise and push out smaller miners even more quickly than at present?

I had been thinking about how to minimize the impact of wide ranges of hashrates to help smaller miners reduce their volatility. Like enforcing variable difficulty levels to target a small number of shares so there is room for more individual miners in the PPNS payout.

Maybe Bitmain have thought about all this and are incorporated something to preserve the p2p nature when you have one node (or a few collected ones) which are much bigger than others.

Will be interesting to see what they are up to.
windpath
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September 02, 2014, 07:51:29 PM
 #10533

Update: P2Pool.org

This morning we temporarily redirected to http://p2pool.org to http://minefast.coincadence.com

On Monday September 8, it will be redirected to the new p2pool.org site.

The temporary redirect should give legacy p2pool.org Bitcoin miners time to reconfigure their equipment before the new site is launched.

The new p2pool.org will not include a public node, however it will include resources and tips for finding a nearby node to mine on if you choose not to set up your own.


K1773R
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September 03, 2014, 11:42:46 AM
 #10534

Update: P2Pool.org

This morning we temporarily redirected to http://p2pool.org to http://minefast.coincadence.com

On Monday September 8, it will be redirected to the new p2pool.org site.

The temporary redirect should give legacy p2pool.org Bitcoin miners time to reconfigure their equipment before the new site is launched.

The new p2pool.org will not include a public node, however it will include resources and tips for finding a nearby node to mine on if you choose not to set up your own.
Thanks for the move against public node on p2pool.org.
Please also host (or link) information on how to setup p2pool on your own PC/server.

[GPG Public Key]  [Devcoin Builds]  [BBQCoin Builds]  [Multichain Blockexplorer]  [Multichain Blockexplorer - PoS Coins]  [Ufasoft Miner Linux Builds]
BTC/DVC/TRC/FRC: 1K1773RbXRZVRQSSXe9N6N2MUFERvrdu6y ANC/XPM AK1773RTmRKtvbKBCrUu95UQg5iegrqyeA NMC: NK1773Rzv8b4ugmCgX789PbjewA9fL9Dy1 LTC: LKi773RBuPepQH8E6Zb1ponoCvgbU7hHmd EMC: EK1773RxUes1HX1YAGMZ1xVYBBRUCqfDoF BQC: bK1773R1APJz4yTgRkmdKQhjhiMyQpJgfN
windpath
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September 03, 2014, 12:59:24 PM
 #10535

Update: P2Pool.org

This morning we temporarily redirected to http://p2pool.org to http://minefast.coincadence.com

On Monday September 8, it will be redirected to the new p2pool.org site.

The temporary redirect should give legacy p2pool.org Bitcoin miners time to reconfigure their equipment before the new site is launched.

The new p2pool.org will not include a public node, however it will include resources and tips for finding a nearby node to mine on if you choose not to set up your own.
Thanks for the move against public node on p2pool.org.
Please also host (or link) information on how to setup p2pool on your own PC/server.

It will include lots on info on mining on and setting up p2pool...


PatMan
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Watch out for the "Neg-Rep-Dogie-Police".....


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September 03, 2014, 07:13:52 PM
 #10536

Anyone tried running p2pool with pypy? Just curious after Matt said he was going to test his relay with it.......

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
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spiccioli
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nec sine labore


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September 03, 2014, 07:49:15 PM
 #10537

Anyone tried running p2pool with pypy? Just curious after Matt said he was going to test his relay with it.......

I did in the past, there are several message about pypy if you search for pypy.

https://bitcointalk.org/index.php?topic=18313.msg807457;topicseen#msg807457

This is mine, I did not see any real difference back then.

spiccioli
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Watch out for the "Neg-Rep-Dogie-Police".....


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September 03, 2014, 07:55:38 PM
 #10538

Right, thanks. That was over 2 years ago though, maybe it's improved? I dunno, might give it a go......depending on how Matt gets on with it.

"When one person is deluded it is called insanity - when many people are deluded it is called religion" - Robert M. Pirsig.  I don't want your coins, I want change.
Amazon UK BTC payment service - https://bitcointalk.org/index.php?topic=301229.0 - with FREE delivery!
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mdude77
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September 04, 2014, 01:26:29 AM
 #10539

My p2pool node in LA is unstable.  My host is having hardware problems.  My VPS keeps rebooting or shutting down of its own accord. Sad

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
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RoadStress
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September 04, 2014, 11:06:29 PM
 #10540

I use to watch http://minefast.coincadence.com/p2pool-stats.php for p2pool luck and stats, but I see that there is a problem now. 4 orphaned, 0GH/s network speed.

What is going on? Have I missed something? Because I don't see a discussion about it here.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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