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Author Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool  (Read 2034765 times)
xyzzy099
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December 15, 2013, 07:24:29 PM
 #7181

I'm glad you don't want to force people to use p2pool.

Why?

Ok, that's it.  If you had a point to make, you have wasted too many chances to make it, and I am bowing out of this inane exchange.

Hopefully the mods will have mercy on the other readers and delete all of these posts.

Libertarians:  Diligently plotting to take over the world and leave you alone.
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IYFTech
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December 15, 2013, 07:27:26 PM
 #7182

I'm not sure what your issue is there. Low hash-rate miners won't be paid in every single block— once their rate is low enough that they don't constantly have a share in the window, but when they do get paid you'll be "overpaid" and as a result there returns will be as expected on average.

I wouldn't call 70+gig a low rate miner - not yet anyway. I just got tired of watching blocks fly by without finding shares, therefore no payments. It's false economy.

But I don't have an issue with it, I'll use my hash rate on another pool, one that pays for the work  Wink

I think what you mean is: "I'll use my hash rate on another pool, one that pays less for the work at a commensurately lower share threshold, and I'll end up with the same amount of reward long term  Wink"

 Cheesy Cheesy Cheesy

You forgot to end your claim with: "if you have 300+gig of hash power."  Wink

-- Smiley  Thank you for smoking  Smiley --  If you paid VAT to dogie for items you should read this thread:  https://bitcointalk.org/index.php?topic=1018906.0
Xian01
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December 15, 2013, 09:07:06 PM
 #7183

My expected time to share is 15.4 hours but it's been days since I got one. 

 Good Lord Man ! Are you manually mining with an abacus ?!
ksenter
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December 15, 2013, 11:16:07 PM
 #7184

My expected time to share is 15.4 hours but it's been days since I got one. 

 Good Lord Man ! Are you manually mining with an abacus ?!

No, just a little single.  30GHs...   I was getting 3 shares on p2pool a day for a couple of days around a week or so ago.  But I haven't had a single accepted share in 3 days, despite the fact that I'm estimated to get one every 15 hours.  So I was just agreeing with some of the others that variance is a bitch on p2pool, however I'm not currently planning to abandon it.
BBlitz
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December 16, 2013, 02:42:56 AM
 #7185

Hey all,

Newbie here - been digging doges at pool.hostv.pl:9355 for almost 7 hours now, with almost 370 Accepted shares but no payout yet - is there something that's gone wrong?  Who should I contact?

http://imgur.com/vO58jl8

Any help would be much appreciated!

Thanks
Raulnsh
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December 16, 2013, 05:29:35 AM
 #7186

Hi,

I've just upgrared from version 13.3 to version 13.4 by replacing files in the program folder.

Immedaitely after upgrading current payout was reduced from ~1.2 to ~0.7LTC

http://i01.overclockers.ru/c3a4e04ba7baeac93b85adeaff0be886/mertamqqvnojf5bg.gif
2.7 MH/s, GMT+06

Why this happen? It must not reduce payout immediately, because payout is determined by previsously mined shares...

Thank you!

-----------------------------------------------

After 5 hours of mining:

http://i01.overclockers.ru/c3a4e04ba7baeac93b85adeaff0be886/hwrnrp1c4lnymb4g.gif

No shares found:

Code:
2013-12-16 13:28:02.682000 P2Pool: 17335 shares in chain (17339 verified/17339 total) Peers: 8 (1 incoming)
2013-12-16 13:28:02.682000  Local: 2830kH/s in last 10.0 minutes Local dead on arrival: ~4.1% (2-7%) Expected time to share: 1.4 hours
2013-12-16 13:28:02.682000  Shares: 0 (0 orphan, 0 dead) Stale rate: ??? Efficiency: ??? Current payout: 0.0511 LTC
2013-12-16 13:28:02.682000  Pool: 1357MH/s Stale rate: 16.1% Expected time to block: 2.7 hours
2013-12-16 13:28:03.322000 Punishing share for 'Block-stale detected! height(c44ec31007ae222244e8e9b9d89a4625e49c635ea83d302437656d33197ad4da) < height(5084f0f73a84662a3fc8e56e804513adf0e376e6470499dfb169301c95f49591) or 1b152d9a != 1b152d9a'! Jumping from 12451e3b to c3be3583!
2013-12-16 13:28:03.354000 New work for worker! Difficulty: 0.000808 Share difficulty: 3.350757 Total block value: 50.000000 LTC including 0 transactions
2013-12-16 13:28:03.385000 New work for worker! Difficulty: 0.000808 Share difficulty: 3.350757 Total block value: 50.000000 LTC including 2 transactions

Version 13.4 does not work for me; I'm rolling back to version 13.3 and litecoin 0.8.5.1
phillipsjk
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December 16, 2013, 08:20:43 AM
 #7187

Just curious how many are willing to return nearly half of a recent pay-out:

Oops - 20BTC fee paid on .05 transaction?

I am not actually  mining in the pool yet, so don't have to make such a decision myself Smiley

I would be tempted to demand he set up a proper wallet: I would be PO'd if I returned the funds, only to have them sent as fees to another pool Tongue

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
lenny_
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December 16, 2013, 01:27:17 PM
 #7188

Hey all,

Newbie here - been digging doges at pool.hostv.pl:9355 for almost 7 hours now, with almost 370 Accepted shares but no payout yet - is there something that's gone wrong?  Who should I contact?

http://imgur.com/vO58jl8

Any help would be much appreciated!

Thanks

I know admin of that node, I just told him that you asking.
svirus
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December 16, 2013, 01:47:16 PM
 #7189

Hey all,

Newbie here - been digging doges at pool.hostv.pl:9355 for almost 7 hours now, with almost 370 Accepted shares but no payout yet - is there something that's gone wrong?  Who should I contact?

http://imgur.com/vO58jl8

Any help would be much appreciated!

Thanks
370 accept but I don't see what diff have this accepts
for p2pool you must have share witch bigger this than p2pool "share diff" to have any payout

Rassah
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December 16, 2013, 04:53:33 PM
 #7190

I think what you mean is: "I'll use my hash rate on another pool, one that pays less for the work at a commensurately lower share threshold, and I'll end up with the same amount of reward long term  Wink"

I think what he is really saying is "I want to mine on a pool that has less variance for me."  Seems like a reasonable move to me.  Solo mining also pays the same in the long run, but most people mine on pools to reduce variance.

IF difficulty was constant, than in the long run P2Pool pays out the same as other pools. However, since the difficulty is still going up every two weeks, you want to make sure to get as many payments within each two-week period as possible, otherwise you will be making less than a lower variance pool. To take this to the extreme, if you solo mine and get a block every week, you will get paid every week. If you solo mine and get a block every month, the difficulty could be increasing faster than your chances of getting a block, and you may never get a block at all (I don't think I have ever found a block, despite mining for the last 3 years with what used to be decent hardware that at one point earned me 1BTC a day)

gmaxwell
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December 16, 2013, 05:24:38 PM
 #7191

However, since the difficulty is still going up every two weeks, you want to make sure to get as many payments within each two-week period as possible,
This is a common misunderstanding but it just isn't how expected return works. Consider a hypothetical case where there was only ever going to be one more block ever— sort of like difficulty going up infinitely.  Your expected return of one technique vs another still works out just fine.

Future blocks— and their difficulty, higher or lower— have absolutely nothing to do with what your expected return is in choosing to mine this way or that in this instant.  The possibility of getting less than what you deserve is counterbalanced out by the possibility of getting more than what you deserve and the sum of the possibilities is the expectation. Amusingly: the chances of being overpaid are greater than being underpaid (median of the exponential distribution is less than the mean).

...and people who've been mining on p2pool all year have made something like 12% more than they expected— due to that possibility of getting somewhat more than you deserve, and perhaps some inherent forwarding advantage of P2Pool due to its distributed announcement.

Regardless of the overall variance, what pooling primarily accomplishes is reduces the probability of getting _way_ less than you deserve for weeks at a time to negligible levels, and p2pool does that quite nicely and without undermining the security design of the Bitcoin system.
BBlitz
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December 16, 2013, 07:17:15 PM
 #7192

Hey all,

Newbie here - been digging doges at pool.hostv.pl:9355 for almost 7 hours now, with almost 370 Accepted shares but no payout yet - is there something that's gone wrong?  Who should I contact?

http://imgur.com/vO58jl8

Any help would be much appreciated!

Thanks

I know admin of that node, I just told him that you asking.

Thanks.  Yeah, I'm guessing I don't know near enough.  I saw the dogecoins site, thought it might be fun to mine some, used the p2pool mentioned on frontpage of the site - didn't realize I guess there's no point unless I've got a an expensive rig, apparently.

Sad...
TierNolan
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December 16, 2013, 08:09:08 PM
 #7193

Is there a definition of the p2pool network protocol anywhere?

1LxbG5cKXzTwZg9mjL3gaRE835uNQEteWF
maqifrnswa
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December 16, 2013, 09:41:13 PM
 #7194

...and people who've been mining on p2pool all year have made something like 12% more than they expected

How the heck is it possible to calculate that? Is this a sampled figure?

http://p2pool.info/luck/

you can calculate the total number of hashes in the year and the expected number of blocks. You can then count the total number of blocks actually found. You do that, and you get +12%.
astutiumRob
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December 16, 2013, 10:28:15 PM
 #7195

...and people who've been mining on p2pool all year have made something like 12% more than they expected
How the heck is it possible to calculate that? Is this a sampled figure?

I had 120GH/s on a local P2Pool and 140Gh/s on Bitminter and made 17% more on P2Pool July-Oct (with less hashrate!), but 22% less on P2Pool For Nov - the BFL kit just can get the p2pool shares often enough, and the pool doesnt find as many blocks now - still, both have done better than the 191Gh/s on cex/ghash and obviously better than 50BTC who scammed eveyone.

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December 16, 2013, 11:10:51 PM
 #7196

...and people who've been mining on p2pool all year have made something like 12% more than they expected

How the heck is it possible to calculate that? Is this a sampled figure?

http://p2pool.info/luck/

you can calculate the total number of hashes in the year and the expected number of blocks. You can then count the total number of blocks actually found. You do that, and you get +12%.

How do you calculate the total number of hashes in the year? Aren't you just estimating this from the number of blocks/shares found?

What is really calculated is the number of hashes you'd have to perform to have a good chance of finding the same number of (different) blocks at the same difficulties.  That's cumbersome to say, so most people just shorten it.  Or they are confused.  Either way, when you see people say things like that, you need to expand it to the full phrase in your head when you read it.

p2pcoin: a USB/CD/PXE p2pool miner - 1N8ZXx2cuMzqBYSK72X4DAy1UdDbZQNPLf - todo
I routinely ignore posters with paid advertising in their sigs.  You should too.
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December 16, 2013, 11:29:07 PM
 #7197

...and people who've been mining on p2pool all year have made something like 12% more than they expected

How the heck is it possible to calculate that? Is this a sampled figure?

http://p2pool.info/luck/

you can calculate the total number of hashes in the year and the expected number of blocks. You can then count the total number of blocks actually found. You do that, and you get +12%.

How do you calculate the total number of hashes in the year? Aren't you just estimating this from the number of blocks/shares found?

What is really calculated is the number of hashes you'd have to perform to have a good chance of finding the same number of (different) blocks at the same difficulties.  That's cumbersome to say, so most people just shorten it.  Or they are confused.  Either way, when you see people say things like that, you need to expand it to the full phrase in your head when you read it.

thanks, yes - and p2pool has the extra data in that you can track the number of p2pool shares found, and the difficulty of those shares. So you look how many hashes are in those p2pool shares (effectively) and compare that to how many hashes should have been in the blocks you found. We have fewer calculated hashes in the p2pool share chain than is expected based on the number of real blocks that were found.
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December 17, 2013, 02:46:58 AM
 #7198

Has a newbie account. Reposted here.

-----BEGIN BITCOIN SIGNED MESSAGE----- This is aliens_exist_1 of the 20 bitcoin tx fee sob story. I posted my story on reddit here http://www.reddit.com/r/Bitcoin/comments/1t1nvl/i_accidentally_sent_a_brainwallet_transaction/ -----BEGIN SIGNATURE----- 1Jt35Ww1GjM9iGyTM8mAyBmCPPdPz7Z35A G2GI3yhycdNoQqJQgFr+JvRsq2eSnNuKiLnRl5ZoD0JJpgBKPzKKA1JC9+uQRH1uMEg3webgh+tBQO/ihoSw4uc= -----END BITCOIN SIGNED MESSAGE-----

Don't mix your coins someone said isn't legal
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December 17, 2013, 05:01:46 AM
 #7199

I was wondering when they were going to say something... I've sent my portion of the erroneous fee to them. I don't think they'll get it all back though. :/

At least now I know what happened with that transaction.

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December 17, 2013, 05:25:20 AM
 #7200

I just calculated my slice of the erroneous fee: 0.24946BTC  Grin - and I will send it back !
Might take some time, I have to boot my cold wallet laptop when I come home from work today.  Wink
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