[1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool

[mdude77]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

[1714055824]

1714055824

[aurel57]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

[PatMan]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

These payouts are also virgin coins - freshly minted  

That's the beauty of a truly decentralised system, we don't have to wait for any centralised body to pay us (or not, as happens on other pools), what you see is what you get.

[aurel57]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

These payouts are also virgin coins - freshly minted  

That's the beauty of a truly decentralised system, we don't have to wait for any centralised body to pay us (or not, as happens on other pools), what you see is what you get.

I have to agree with you...it just took me a while to understand p2pool

[yslyung]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

These payouts are also virgin coins - freshly minted 

That's the beauty of a truly decentralised system, we don't have to wait for any centralised body to pay us (or not, as happens on other pools), what you see is what you get.

I have to agree with you...it just took me a while to understand p2pool

block finder gets a 0.5% bonus too also forgot to say thx to the recent donors who shared their wealth.

[bhanu545]

Is there any way to find out if our miners submitted any shares in p2pool?

I can see only minefast.CoinCadence.com node has detailed statistics on shares submitted etc. All other nodes dont have any stats except graphs of hashrate.

Is it something node owner has to install or integrate inorder to display shares submitted by miners?

[jonnybravo0311]

Is there any way to find out if our miners submitted any shares in p2pool?

I can see only minefast.CoinCadence.com node has detailed statistics on shares submitted etc. All other nodes dont have any stats except graphs of hashrate.

Is it something node owner has to install or integrate inorder to display shares submitted by miners?

Windpath spent some time coding a custom front end to p2pool so that he's able to display miner information.  The standard p2pool UI does not include anywhere near this detailed level of information.  Virtually every front end available just makes the standard information pretty - they do nothing to actually enhance that data.  Windpath does on his node, which is why you see such detailed information there.

[K1773R]

Is there any way to find out if our miners submitted any shares in p2pool?

I can see only minefast.CoinCadence.com node has detailed statistics on shares submitted etc. All other nodes dont have any stats except graphs of hashrate.

Is it something node owner has to install or integrate inorder to display shares submitted by miners?

the goal of p2pool is to run p2pol locally. your doing it wrong!

[windpath]

Is there any way to find out if our miners submitted any shares in p2pool?

I can see only minefast.CoinCadence.com node has detailed statistics on shares submitted etc. All other nodes dont have any stats except graphs of hashrate.

Is it something node owner has to install or integrate inorder to display shares submitted by miners?

the goal of p2pool is to run p2pol locally. your doing it wrong!

Actually I think he is doing it right, and looking for the stats we provide for his own node front end.....

The answer is you can always view your payouts and other pool stats on our site, whether or not you mine with us, however we can only track share data for shares submitted to our node...

The default P2Pool front end will show you your valid (and orphan) shares since the last node restart under "Share Explorer", example:

http://minefast.coincadence.com:9332/static/original/

and for a specific share:

http://minefast.coincadence.com:9332/static/original/share.html#00000000000000264285d829c3e6fa60445fa32572be7a22090e39af7869e17a

If you want to keep them for all time, currently you need to implement some type of persistent storage solution outside of P2Pool...

[bhanu545]

Is there any way to find out if our miners submitted any shares in p2pool?

I can see only minefast.CoinCadence.com node has detailed statistics on shares submitted etc. All other nodes dont have any stats except graphs of hashrate.

Is it something node owner has to install or integrate inorder to display shares submitted by miners?

the goal of p2pool is to run p2pol locally. your doing it wrong!

Actually I think he is doing it right, and looking for the stats we provide for his own node front end.....

The answer is you can always view your payouts and other pool stats on our site, whether or not you mine with us, however we can only track share data for shares submitted to our node...

The default P2Pool front end will show you your valid (and orphan) shares since the last node restart under "Share Explorer", example:

http://minefast.coincadence.com:9332/static/original/

and for a specific share:

http://minefast.coincadence.com:9332/static/original/share.html#00000000000000264285d829c3e6fa60445fa32572be7a22090e39af7869e17a

If you want to keep them for all time, currently you need to implement some type of persistent storage solution outside of P2Pool...

Thanks for the info. I get it now. My present node seems to be problematic which doesnt show last shares correctly.

I have a doubt regarding actual node difficulty vs miner difficulty.

We can see the best share numbers in antminers, I know that if best share is more than node difficulty it doesnt mean that miner already found a share. a share difficulty can be anything, 100times the node difficulty etc.
My question is, bestshare in antminer shows sometimes less than Node difficulty. What does this mean? If its less than actuall difficulty does that mean miner is submitting lower difficulty shares and are discarded by pool because of lower difficulty? Which simply means such shares gives no payout at all?

[windpath]

...
My question is, bestshare in antminer shows sometimes less than Node difficulty. What does this mean? If its less than actuall difficulty does that mean miner is submitting lower difficulty shares and are discarded by pool because of lower difficulty? Which simply means such shares gives no payout at all?

Essentially yes, your miner will submit shares that meet the pseudo share difficulty, this number is typically much lower then actual share difficulty.

By doing this P2Pool is able to more accurately estimate your hashrate, and present you with better data on the front end.

If you were to only submit shares that meet the minimum P2Pool difficulty it would make the data presented to you on the front end far less reliable because of the time between your valid shares.

I'd be cautious about trusting "best share" on Ants, there have been errors in the past.

[bhanu545]

...
My question is, bestshare in antminer shows sometimes less than Node difficulty. What does this mean? If its less than actuall difficulty does that mean miner is submitting lower difficulty shares and are discarded by pool because of lower difficulty? Which simply means such shares gives no payout at all?

Essentially yes, your miner will submit shares that meet the pseudo share difficulty, this number is typically much lower then actual share difficulty.

By doing this P2Pool is able to more accurately estimate your hashrate, and present you with better data on the front end.

If you were to only submit shares that meet the minimum P2Pool difficulty it would make the data presented to you on the front end far less reliable because of the time between your valid shares.

I'd be cautious about trusting "best share" on Ants, there have been errors in the past.

Actually its waste of time for miners submitting shares with less than actual difficulty. Is there anyway we can set the miners to work only with the minimum node difficulty? Also are there any chances share submitted with minimum node difficulty can be rejected or discarded?

http://minefast.coincadence.com:9332/static/original/  - In this page, "My shares" shows invalid pages, how do we find the latest share submitted in this node under "my shares"? Opening each link to check the details is a headache job.

[aurel57]

...
My question is, bestshare in antminer shows sometimes less than Node difficulty. What does this mean? If its less than actuall difficulty does that mean miner is submitting lower difficulty shares and are discarded by pool because of lower difficulty? Which simply means such shares gives no payout at all?

Essentially yes, your miner will submit shares that meet the pseudo share difficulty, this number is typically much lower then actual share difficulty.

By doing this P2Pool is able to more accurately estimate your hashrate, and present you with better data on the front end.

If you were to only submit shares that meet the minimum P2Pool difficulty it would make the data presented to you on the front end far less reliable because of the time between your valid shares.

I'd be cautious about trusting "best share" on Ants, there have been errors in the past.

I am also thinking even if the Ant shows a "Best Share" large enough to get a share but you don't see it show up in your miners info on a pool, then most likely it was either a orphan or dead? I have only been mining on p2pool for less than a week and have tried a couple nodes near me (Chicago area). I also started off using a couple of wallets on my S3's and  S5's so I could see just which pools and/or miners were receiving shares. Now I have consolidated all miners to one node and one wallet. Still learning here but like what I see so far.

[yslyung]

...
My question is, bestshare in antminer shows sometimes less than Node difficulty. What does this mean? If its less than actuall difficulty does that mean miner is submitting lower difficulty shares and are discarded by pool because of lower difficulty? Which simply means such shares gives no payout at all?

Essentially yes, your miner will submit shares that meet the pseudo share difficulty, this number is typically much lower then actual share difficulty.

By doing this P2Pool is able to more accurately estimate your hashrate, and present you with better data on the front end.

If you were to only submit shares that meet the minimum P2Pool difficulty it would make the data presented to you on the front end far less reliable because of the time between your valid shares.

I'd be cautious about trusting "best share" on Ants, there have been errors in the past.

I am also thinking even if the Ant shows a "Best Share" large enough to get a share but you don't see it show up in your miners info on a pool, then most likely it was either a orphan or dead? I have only been mining on p2pool for less than a week and have tried a couple nodes near me (Chicago area). I also started off using a couple of wallets on my S3's and  S5's so I could see just which pools and/or miners were receiving shares. Now I have consolidated all miners to one node and one wallet. Still learning here but like what I see so far.

mate u WILL need plenty of patience, give it a week or so but it does pay off.

[mdude77]

Actually its waste of time for miners submitting shares with less than actual difficulty. Is there anyway we can set the miners to work only with the minimum node difficulty? Also are there any chances share submitted with minimum node difficulty can be rejected or discarded?

Yes, with a combination of the / and + parms on your username, you can only submit shares > say 10,000,000.  However it'll seriously mess with your speed reports on p2pool, which really doesn't hurt anything except makes it hard to monitor your miners and make sure they are online.

M

[aurel57]

Where is it located?

Asia/Malaysia

you can get more details @ http://nodes.p2pool.co/

ok if it was near me I would have gave it a try

Actually its waste of time for miners submitting shares with less than actual difficulty. Is there anyway we can set the miners to work only with the minimum node difficulty? Also are there any chances share submitted with minimum node difficulty can be rejected or discarded?

Yes, with a combination of the / and + parms on your username, you can only submit shares > say 10,000,000.  However it'll seriously mess with your speed reports on p2pool, which really doesn't hurt anything except makes it hard to monitor your miners and make sure they are online.

M

Does it help or is there any reason to do this?

[PatMan]

mate u WILL need plenty of patience, give it a week or so but it does pay off.

Indeed, patience is key with p2pool.

Although there is of course nothing wrong with mining on someone else's node, it's true that mining on your own local node is preferred for better performance & to help increase/strengthen the p2pool network. The problem is that many noobs to p2pool mining find that installing their own node is simply too daunting/complicated (not everyone is a coder & many people are not comfortable with command line). If p2pool is to grow & become more widely adopted, there should be an easier way to install it so that an absolute novice can be up & running within minutes.
I tried to address this issue over a year ago by suggesting there should be an open source graphical installer for both windoze & Linux, and I was even in conversation with a dev (Ahmed Bodi) who was willing to do one. Unfortunately, he got side tracked on other projects & nothing came of it. I'm no coder myself, far from it, but after talking with Ahmed, I'm sure that it wouldn't be too hard for someone with basic coding skills to do - maybe a bounty could be offered to get it done? I'm sure this would encourage more potential p2poolers to at least give it a try, thus helping p2pool become more mainstream as the Bitcoin ecosystem grows.
P2pool has the potential to be the defacto standard for mining, all that needs to be done is to encourage more users to adopt it - a simple installer would help achieve this.

And a complete re-write in C of course, as others have mentioned........

[kano]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

These payouts are also virgin coins - freshly minted  

That's the beauty of a truly decentralised system, we don't have to wait for any centralised body to pay us (or not, as happens on other pools), what you see is what you get.

But you still have to wait 101 confirms before you can spend them.

[aurel57]

back2back ! yeeehaaaaaa

It can be like waiting for a bus sometimes - nothing for ages, then they all come at once......

Very nice! But got another question... How is p2pool able to pay out the coins so fast compared to other pools?

The "shares" that are submitted on the alt chain contain the payout info for all the miners.  When a share is big enough to be a block, it's submitted to the Bitcoin chain, and if accepted, the payout is distributed through the Bitcoin network as the share describes.  It's a very elegant solution.

Note that "payout" is probably a bad term.. more like mining distribution.

M

Thank you for explaining that!

These payouts are also virgin coins - freshly minted  

That's the beauty of a truly decentralised system, we don't have to wait for any centralised body to pay us (or not, as happens on other pools), what you see is what you get.

But you still have to wait 101 confirms before you can spend them.

Kano I understand that the long (8+hours) wait I see in my wallet on the coins is the same wait it took you and other pool operators to be able to payout to the miners. It all makes sence now.

[aurel57]

mate u WILL need plenty of patience, give it a week or so but it does pay off.

Indeed, patience is key with p2pool.

Although there is of course nothing wrong with mining on someone else's node, it's true that mining on your own local node is preferred for better performance & to help increase/strengthen the p2pool network. The problem is that many noobs to p2pool mining find that installing their own node is simply too daunting/complicated (not everyone is a coder & many people are not comfortable with command line). If p2pool is to grow & become more widely adopted, there should be an easier way to install it so that an absolute novice can be up & running within minutes.
I tried to address this issue over a year ago by suggesting there should be an open source graphical installer for both windoze & Linux, and I was even in conversation with a dev (Ahmed Bodi) who was willing to do one. Unfortunately, he got side tracked on other projects & nothing came of it. I'm no coder myself, far from it, but after talking with Ahmed, I'm sure that it wouldn't be too hard for someone with basic coding skills to do - maybe a bounty could be offered to get it done? I'm sure this would encourage more potential p2poolers to at least give it a try, thus helping p2pool become more mainstream as the Bitcoin ecosystem grows.
P2pool has the potential to be the defacto standard for mining, all that needs to be done is to encourage more users to adopt it - a simple installer would help achieve this.

And a complete re-write in C of course, as others have mentioned........

You hit the nail on me about this. I would make my own node if it was within my knowledge but I know better than to try.  I would probley bring the whole pool down