Bitcoin Forum
April 23, 2019, 01:13:39 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 [136] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 ... 814 »
  Print  
Author Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool  (Read 2574583 times)
rav3n_pl
Legendary
*
Offline Offline

Activity: 1360
Merit: 1000


Don`t panic! Organize!


View Profile WWW
June 16, 2012, 01:24:10 AM
 #2701

try mine
He IS at your Smiley

1Rav3nkMayCijuhzcYemMiPYsvcaiwHni  Bitcoin stuff on my OneDrive
My RPC CoinControl for any coin https://bitcointalk.org/index.php?topic=929954
Some stuff on https://github.com/Rav3nPL/
100% New Software
PC, Mac, Android, & HTML5 Clients
Krill Rakeback
Low Rake
Bitcoin Poker 3.0
Bad Beat Jackpot
SwC Poker Relaunch
PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1555982019
Hero Member
*
Offline Offline

Posts: 1555982019

View Profile Personal Message (Offline)

Ignore
1555982019
Reply with quote  #2

1555982019
Report to moderator
bitpop
Legendary
*
Offline Offline

Activity: 2464
Merit: 1045


https://keybase.io/bitpop


View Profile WWW
June 16, 2012, 01:41:03 AM
 #2702

Lol!! im bad at reading today

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
Aseras
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
June 16, 2012, 02:29:42 AM
 #2703

I really hate to say it, but I'm not going to give it much longer.

Last couple of days have been pretty good for p2pool I think.

Toby.

And.... you killed it.
OMFG.... not AGAIN!

Lol. Happens everytime.

It's like breaking a mirror 7 more days of bad luck :p
check_status
Full Member
***
Offline Offline

Activity: 196
Merit: 100


Web Dev, Db Admin, Computer Technician


View Profile
June 16, 2012, 04:33:23 AM
 #2704

Is there any hope that the new code changes will get the long term luck above 90%?  I really like the idea of p2pool, but getting effectively 90% PPS is disappointing. I don't think the pay cut is worth it until the large pools actually start disrupting the network and it seems like claims of Deepbit's evil intentions and such are purely FUD (at least at this point in time).
Following the luck charts will do nothing but increase the confusion when trying to determine the success of p2pool. If you were to base the success of p2pool by the luck charts, you would develop the opinion that p2pool is under-performing. This assumption can be proven invalid by calculating the current equivalent PPS payout and comparing it to the expected value from any Bitcoin calculator that calculates PPS. The equivalent PPS value for P2pool has been above the expected PPS, based on Bitcoins generated per Gigahash, by some 5%-15%. You can say p2pool is doing better than expected and so the luck is good.

For Bitcoin to be a true global currency the value of BTC needs always to rise.
If BTC became the global currency & money supply = 100 Trillion then ⊅1.00 BTC = $4,761,904.76.
P2Pool Server List | How To's and Guides Mega List |  1EndfedSryGUZK9sPrdvxHntYzv2EBexGA
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1006


Poor impulse control.


View Profile WWW
June 16, 2012, 04:36:54 AM
 #2705

Is there any hope that the new code changes will get the long term luck above 90%?  I really like the idea of p2pool, but getting effectively 90% PPS is disappointing. I don't think the pay cut is worth it until the large pools actually start disrupting the network and it seems like claims of Deepbit's evil intentions and such are purely FUD (at least at this point in time).
Following the luck charts will do nothing but increase the confusion when trying to determine the success of p2pool. If you were to base the success of p2pool by the luck charts, you would develop the opinion that p2pool is under-performing. This assumption can be proven invalid by calculating the current equivalent PPS payout and comparing it to the expected value from any Bitcoin calculator that calculates PPS. The equivalent PPS value for P2pool has been above the expected PPS, based on Bitcoins generated per Gigahash, by some 5%-15%. You can say p2pool is doing better than expected and so the luck is good.

If the "luck" charts based on round length show greater than expected rounds lengths, and the pool payout is also greater than expected, then one of these is incorrect. You can't have both.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
kano
Legendary
*
Offline Offline

Activity: 2786
Merit: 1151


Linux since 1997 RedHat 4


View Profile
June 16, 2012, 11:35:10 AM
 #2706

The simple answer is, the average number of shares per block difficulty is above expected.
That's all that matters in such calculations.

Hopefully this will or has gone down.

Yes you can add fees into the equation when comparing specific pools, but no there is no general 'fee' calculation for all pools of any type.
You need to state which pool and what exactly the fees are.
(though is there any pool that charges 10%?)

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
Discord support invite at https://kano.is/ Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1006


Poor impulse control.


View Profile WWW
June 16, 2012, 12:35:32 PM
 #2707

(though is there any pool that charges 10%?)

DeepBit PPS charges 10% and BTCGuild charges 8%. They're the highest I know of.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
rav3n_pl
Legendary
*
Offline Offline

Activity: 1360
Merit: 1000


Don`t panic! Organize!


View Profile WWW
June 16, 2012, 02:09:13 PM
 #2708

(though is there any pool that charges 10%?)

DeepBit PPS charges 10% and BTCGuild charges 8%. They're the highest I know of.
An they taking transaction fees to, it is 0.2-0.8 btc now each block.

1Rav3nkMayCijuhzcYemMiPYsvcaiwHni  Bitcoin stuff on my OneDrive
My RPC CoinControl for any coin https://bitcointalk.org/index.php?topic=929954
Some stuff on https://github.com/Rav3nPL/
Smoovious
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500

Scattering my bits around the net since 1980


View Profile
June 16, 2012, 03:21:22 PM
 #2709

(though is there any pool that charges 10%?)

DeepBit PPS charges 10% and BTCGuild charges 8%. They're the highest I know of.
An they taking transaction fees to, it is 0.2-0.8 btc now each block.
Well, the PPS pools also take all the risk on the variance/luck too. Dunno about DeepBit, but last I heard, BTCGuild took a big loss during the last cycle, so they lost money paying out all the shares, so kinda gotta take that into account too.

-- Smoov
rav3n_pl
Legendary
*
Offline Offline

Activity: 1360
Merit: 1000


Don`t panic! Organize!


View Profile WWW
June 16, 2012, 06:52:22 PM
 #2710

(though is there any pool that charges 10%?)

DeepBit PPS charges 10% and BTCGuild charges 8%. They're the highest I know of.
An they taking transaction fees to, it is 0.2-0.8 btc now each block.
Well, the PPS pools also take all the risk on the variance/luck too. Dunno about DeepBit, but last I heard, BTCGuild took a big loss during the last cycle, so they lost money paying out all the shares, so kinda gotta take that into account too.

-- Smoov

Thats why I get more form p2pool than any pps Smiley Bigger cake to cut Smiley

1Rav3nkMayCijuhzcYemMiPYsvcaiwHni  Bitcoin stuff on my OneDrive
My RPC CoinControl for any coin https://bitcointalk.org/index.php?topic=929954
Some stuff on https://github.com/Rav3nPL/
Tittiez
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
June 16, 2012, 07:48:32 PM
 #2711

Thats why I get more form p2pool than any pps Smiley Bigger cake to cut Smiley

I don't see how, an extra ~.25 per block in tranactions fee's doesn't compensate for the bad luck. I've made much more mining at a MtRed (0% Fee PPS) then I ever did mining at p2pool.
Smoovious
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500

Scattering my bits around the net since 1980


View Profile
June 16, 2012, 08:36:36 PM
 #2712

Thats why I get more form p2pool than any pps Smiley Bigger cake to cut Smiley

I don't see how, an extra ~.25 per block in tranactions fee's doesn't compensate for the bad luck. I've made much more mining at a MtRed (0% Fee PPS) then I ever did mining at p2pool.
Does MtRed ever say what they made, compared to what they paid out?

That's the thing about PPS... it can be good for the miner, but if the pool operator has a long enough string of bad luck, then he's screwed. The pool operator is gambling against the long-term odds.

-- Smoov
Tittiez
Hero Member
*****
Offline Offline

Activity: 686
Merit: 500



View Profile
June 16, 2012, 10:10:01 PM
 #2713

Does MtRed ever say what they made, compared to what they paid out?

That's the thing about PPS... it can be good for the miner, but if the pool operator has a long enough string of bad luck, then he's screwed. The pool operator is gambling against the long-term odds.

-- Smoov


True, that's a very big downside to PPS.
stevegee58
Legendary
*
Offline Offline

Activity: 922
Merit: 1003



View Profile
June 17, 2012, 12:15:39 AM
 #2714

(though is there any pool that charges 10%?)

DeepBit PPS charges 10% and BTCGuild charges 8%. They're the highest I know of.

BTCGuild is 5%

You are in a maze of twisty little passages, all alike.
stevegee58
Legendary
*
Offline Offline

Activity: 922
Merit: 1003



View Profile
June 17, 2012, 12:18:40 AM
 #2715

Does MtRed ever say what they made, compared to what they paid out?

That's the thing about PPS... it can be good for the miner, but if the pool operator has a long enough string of bad luck, then he's screwed. The pool operator is gambling against the long-term odds.

-- Smoov


BTCGuild recently commented on this.

Some months he makes money some he loses.

You are in a maze of twisty little passages, all alike.
Smoovious
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500

Scattering my bits around the net since 1980


View Profile
June 17, 2012, 12:21:52 AM
 #2716

Does MtRed ever say what they made, compared to what they paid out?

That's the thing about PPS... it can be good for the miner, but if the pool operator has a long enough string of bad luck, then he's screwed. The pool operator is gambling against the long-term odds.

-- Smoov


BTCGuild recently commented on this.

Some months he makes money some he loses.
Yeah, that was the thread I was referring to in a previous post. On this one tho, I was asking about MtRed's. To compare against BTCGuild's. I only use BTCGuild as a backup now.

-- Smoov
rav3n_pl
Legendary
*
Offline Offline

Activity: 1360
Merit: 1000


Don`t panic! Organize!


View Profile WWW
June 17, 2012, 12:24:10 AM
 #2717

Q: how exactly is calculated expected time to block when block found? Current pool hash rate or some average of time that block was mined?
I`m still not sure that our luck chart is good... If we founding blocks "in time" I`m gettin much more than from any pps pool... For me luck is much higher than 90% Smiley

1Rav3nkMayCijuhzcYemMiPYsvcaiwHni  Bitcoin stuff on my OneDrive
My RPC CoinControl for any coin https://bitcointalk.org/index.php?topic=929954
Some stuff on https://github.com/Rav3nPL/
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1006


Poor impulse control.


View Profile WWW
June 17, 2012, 01:03:12 AM
 #2718

Q: how exactly is calculated expected time to block when block found? Current pool hash rate or some average of time that block was mined?
I`m still not sure that our luck chart is good... If we founding blocks "in time" I`m gettin much more than from any pps pool... For me luck is much higher than 90% Smiley

What's your average daily earnings and average hashrate for the current difficulty period? If you can tell me that, I'll tell you whether or not you're getting more or less than expected.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
rav3n_pl
Legendary
*
Offline Offline

Activity: 1360
Merit: 1000


Don`t panic! Organize!


View Profile WWW
June 17, 2012, 01:18:13 AM
 #2719

Q: how exactly is calculated expected time to block when block found? Current pool hash rate or some average of time that block was mined?
I`m still not sure that our luck chart is good... If we founding blocks "in time" I`m gettin much more than from any pps pool... For me luck is much higher than 90% Smiley

What's your average daily earnings and average hashrate for the current difficulty period? If you can tell me that, I'll tell you whether or not you're getting more or less than expected.
It is my desktop, so avg is about 140MH/s.
I`m taking 0.025 per block or more (even 0.05) from P2pool.
I was mining on 2 pps pools and get about 0.07-0.075 BTC/day.
For me P2pool is best Smiley

1Rav3nkMayCijuhzcYemMiPYsvcaiwHni  Bitcoin stuff on my OneDrive
My RPC CoinControl for any coin https://bitcointalk.org/index.php?topic=929954
Some stuff on https://github.com/Rav3nPL/
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2058
Merit: 1006


Poor impulse control.


View Profile WWW
June 17, 2012, 01:23:20 AM
 #2720

Q: how exactly is calculated expected time to block when block found? Current pool hash rate or some average of time that block was mined?
I`m still not sure that our luck chart is good... If we founding blocks "in time" I`m gettin much more than from any pps pool... For me luck is much higher than 90% Smiley

What's your average daily earnings and average hashrate for the current difficulty period? If you can tell me that, I'll tell you whether or not you're getting more or less than expected.
It is my desktop, so avg is about 140MH/s.
I`m taking 0.025 per block or more (even 0.05) from P2pool.
I was mining on 2 pps pools and get about 0.07-0.075 BTC/day.
For me P2pool is best Smiley

What are your average daily earnings for the current diff period?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
Pages: « 1 ... 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 [136] 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 ... 814 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!