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Author Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool  (Read 2035617 times)
smoothrunnings
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February 05, 2014, 11:28:41 PM
 #7701

This might be completely off topic, but have you P2Pool owners tried MPOS and can tell me the pros and cons of setting up MPOS as a second server as supposed to P2Pool?

Thanks,
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infofront
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February 06, 2014, 01:22:50 PM
 #7702

With P2pool, you're joining a larger pool, at 185TH currently. If you start an MPOS pool, you'll be starting at 0TH.
smoothrunnings
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February 06, 2014, 01:27:21 PM
 #7703

With P2pool, you're joining a larger pool, at 185TH currently. If you start an MPOS pool, you'll be starting at 0TH.

Wait, are you saying that MPOS is a solo mining app server?

bitpop
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February 06, 2014, 01:32:58 PM
 #7704

With P2pool, you're joining a larger pool, at 185TH currently. If you start an MPOS pool, you'll be starting at 0TH.

Wait, are you saying that MPOS is a solo mining app server?



its a pool but not p2pool

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HLF
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February 06, 2014, 04:45:18 PM
 #7705

Just curious, but why do you need to down load p2pool software to join the pool?
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February 06, 2014, 04:49:33 PM
 #7706

Just curious, but why do you need to down load p2pool software to join the pool?

You don't have to, you can connect to any public node if you don't want to set up your own node  Wink

"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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Hunterbunter
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February 06, 2014, 06:41:22 PM
 #7707

Hi guys, not sure if this is the right place to announce this, but since it's a new p2pool node I thought it might be a good place.

I've recently launched a bitcoin mining p2pool node in Panama, Central America, that pays bonus devcoins.

http://www.blisterpool.com

1% pool fee, using PPLNS (of course)
register bitcoin/devcoin address pair on site
connect with bitcoin address
auto-paid bitcoins and merge mined devcoins to the address pair, along with a 0.2% devcoin bonus
It also pays a 0.2% bonus to open source developers on the bitcoin and devcoin share lists.
smoothrunnings
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February 06, 2014, 06:58:16 PM
 #7708

Hi guys, not sure if this is the right place to announce this, but since it's a new p2pool node I thought it might be a good place.

I've recently launched a bitcoin mining p2pool node in Panama, Central America, that pays bonus devcoins.

http://www.blisterpool.com

1% pool fee, using PPLNS (of course)
register bitcoin/devcoin address pair on site
connect with bitcoin address
auto-paid bitcoins and merge mined devcoins to the address pair, along with a 0.2% devcoin bonus
It also pays a 0.2% bonus to open source developers on the bitcoin and devcoin share lists.

I love the front-end you did with the exception of the status page which is obviously the extended front-end. You should stick a miner on your node/pool so that it doesn't look bare. Smiley
smoothrunnings
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February 06, 2014, 07:03:46 PM
 #7709

Can those of you use have set maxconnections on bitcoin.conf and added the --max-conns and --out-going give me some idea what you used and what your bandwidth (up and download speed) is?

This would give me some idea of what range I should be in on my own node for my bandwidth.

Thanks
kano
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February 07, 2014, 01:25:41 AM
 #7710

Just curious, but why do you need to down load p2pool software to join the pool?
So that you aren't in the high DOA/Reject % that helps boost the payment for all the low DOA/Reject % users from your lost income.

p2pool by design ensures that the lower your average reject % the more profit you'll take from other p2pool miners.

Since everyone has network latency and hardware latency, it's those who manage to get them the lowest who gain from the rest of the miners.

Think of it this way, if your DOA/Orphan % is average (at the moment 14%) then 14% of your work is thrown away.
Now if everyone was 14% that's just simply wasted electricity, but if some are 7% or even lower, they are making a better % of each block (based on their hash rate) than you are making. Pity the sods (more than half the pool) that is mining above 14% ...

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Hunterbunter
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February 07, 2014, 02:22:52 AM
 #7711

Hi guys, not sure if this is the right place to announce this, but since it's a new p2pool node I thought it might be a good place.

I've recently launched a bitcoin mining p2pool node in Panama, Central America, that pays bonus devcoins.

http://www.blisterpool.com

1% pool fee, using PPLNS (of course)
register bitcoin/devcoin address pair on site
connect with bitcoin address
auto-paid bitcoins and merge mined devcoins to the address pair, along with a 0.2% devcoin bonus
It also pays a 0.2% bonus to open source developers on the bitcoin and devcoin share lists.

I love the front-end you did with the exception of the status page which is obviously the extended front-end. You should stick a miner on your node/pool so that it doesn't look bare. Smiley

Thanks, yeah I was using the extended front end until I can get in there and get the data out myself. I only have weaksauce hashing power myself atm, but I'll follow your suggestion.
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February 07, 2014, 02:29:31 AM
 #7712

Does adding nodes with -n get added on top of the max connections out? The wiki made me think that, but I added 4 and Out is still sitting at 6.

Also, if/when a hard fork happens for a new major p2pool version, would a larger SPREAD make sense? That would reduce variance for smaller miners. Larger miners can just kick difficulty up higher with address/ if they don't want (possibly) more frequent payments.

RoyalMiningCo: Pools retired. Was fun!
Biggen
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February 07, 2014, 02:07:22 PM
 #7713

Does anyone know how to actually add alt coins to the P2pool system?  I'd like to setup a node for DigiByte coins but I really can't seem to figure out how to add it.
roy7
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February 07, 2014, 03:10:15 PM
 #7714

Does anyone know how to actually add alt coins to the P2pool system?  I'd like to setup a node for DigiByte coins but I really can't seem to figure out how to add it.

https://bitcointalk.org/index.php?topic=214512.msg4998082#msg4998082

Should help. It's be nice of coin developers would release p2pool settings when they release their coins.

RoyalMiningCo: Pools retired. Was fun!
pgraph
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February 07, 2014, 04:24:49 PM
 #7715

Newbie Question......

If I see no local efficiency, my shares in p2pool console after 20 hrs of running at 30G with +5 DOA above the pool rate
Is it normal ?
and should i keep it on.
I stopped at this level thinking the setup had some problem.
Is there a way to check that my setup is doing some real work in the pool ?

Thanks in advance
smoothrunnings
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February 07, 2014, 04:45:12 PM
 #7716

There was an article posted in December of last year, that says in it:

"P2pool is technically a mining pool, but one that acts like solo mining in terms of the end user's view. You enter the pool using your wallet's address, rather than signing up to get an account, and the payments are automatically paid out once blocks are found by anyone on the pool. This cuts down on the middle man and also reduces the time it takes to get paid, although it does bring up another issue: you will get a ton of payments out of it. With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Does anyone know what this comment means? "With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Here is the original article: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/

Thanks,
freebit13
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February 07, 2014, 04:48:04 PM
 #7717

There was an article posted in December of last year, that says in it:

"P2pool is technically a mining pool, but one that acts like solo mining in terms of the end user's view. You enter the pool using your wallet's address, rather than signing up to get an account, and the payments are automatically paid out once blocks are found by anyone on the pool. This cuts down on the middle man and also reduces the time it takes to get paid, although it does bring up another issue: you will get a ton of payments out of it. With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Does anyone know what this comment means? "With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Here is the original article: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/

Thanks,
I think that's a reference to dust...

Decentralize EVERYTHING!
smoothrunnings
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February 07, 2014, 04:49:02 PM
 #7718

There was an article posted in December of last year, that says in it:

"P2pool is technically a mining pool, but one that acts like solo mining in terms of the end user's view. You enter the pool using your wallet's address, rather than signing up to get an account, and the payments are automatically paid out once blocks are found by anyone on the pool. This cuts down on the middle man and also reduces the time it takes to get paid, although it does bring up another issue: you will get a ton of payments out of it. With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Does anyone know what this comment means? "With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Here is the original article: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/

Thanks,
I think that's a reference to dust...

Could you be any more vague? LOL

freebit13
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February 07, 2014, 04:55:23 PM
 #7719

There was an article posted in December of last year, that says in it:

"P2pool is technically a mining pool, but one that acts like solo mining in terms of the end user's view. You enter the pool using your wallet's address, rather than signing up to get an account, and the payments are automatically paid out once blocks are found by anyone on the pool. This cuts down on the middle man and also reduces the time it takes to get paid, although it does bring up another issue: you will get a ton of payments out of it. With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Does anyone know what this comment means? "With each new payment you get, you are potentially adding some bytes (around 230) to your transaction size for when you send coins to someone. As this number grows, the cost of sending the coins also grows along with it."

Here is the original article: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/

Thanks,
I think that's a reference to dust...

Could you be any more vague? LOL


Basically, tiny transactions that cost more to send than they are worth and clutter the blockchain... I know more space was added to [edit]each block[/edit] for free transactions, so I'm not sure if that affects it at all.

Decentralize EVERYTHING!
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February 07, 2014, 06:32:46 PM
 #7720

Has anyone noticed any correlation between how well distributed the p2pool hash rate is across p2pool nodes and how efficient smaller nodes are? I set up p2pool nodes for a few scrypt altcoins. For more popular coins with dozens of p2pool nodes my node's efficiency is > 100%. For less popular coins where one p2pool node has more than 2/3 of the total p2pool hash rate my node's efficiency is horrible - usually 60% - 80%.

My nodes all run on the same server with the same p2pool version. It seems like there is a pattern when one node has an overly large share of the hash rate the smaller nodes suffer efficiency. Or is this 99.99% likely just to be some other factor I am overlooking. I would love to hear from anyone who can prove/disprove this theory.
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