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

[luthermarcus]

I finally got a node up and running. How do you change the difficulty of your miner? Are there any interfaces i should look into that allow me more control? I saw some people charging for there public nodes. Once you have one set up how would you charge a fee? It would be worth it if the fees helped me pay for extra bradband.

To change the difficulty of your miner, you use the "/" and "+" arguments after your BTC address.  For example, if you're mining with an S3, you might want to change the difficulty to 500.  In the config screen, you set your worker like this:

1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9+500/500

The +500 sets your pseudo-share difficulty.  The /500 sets you up to use the p2pool minimum share difficulty.  There has been plenty of discussion on the usage of "+" and "/" in this thread.  The short of it is that the "+" makes the graphs look nice.  The "/" will tell p2pool what difficulty share to accept from you to add to the share chain.  If you set "/" less than the current p2pool network share difficulty, it automatically uses the network share difficulty.  If you set it higher than the network difficulty, it uses what you set.

You can add a fee to your node by passing the --fee parameter on startup of your node.  For example:

Code:

./run_p2pool.py --give-author 0.5 --fee 0.5

That will donate 0.5% to the author and will collect 0.5% fee for you.

Thanks you.
this is a massive the thread so sorry that i asked the question i was scanning through it and couldnt find an answer. The code you refer to ./run_p2pool.py that would be used in linux? I'm running windows. Where do i input that code through python? I never understood that part wish it was spelled out better in by op. Next pc is def a lunix based. I'm tired of compiling windows programs.

[jonnybravo0311]

I finally got a node up and running. How do you change the difficulty of your miner? Are there any interfaces i should look into that allow me more control? I saw some people charging for there public nodes. Once you have one set up how would you charge a fee? It would be worth it if the fees helped me pay for extra bradband.

To change the difficulty of your miner, you use the "/" and "+" arguments after your BTC address.  For example, if you're mining with an S3, you might want to change the difficulty to 500.  In the config screen, you set your worker like this:

1DeVLDoGvkbbB5n3dPvbpDbwiKGjYckCy9+500/500

The +500 sets your pseudo-share difficulty.  The /500 sets you up to use the p2pool minimum share difficulty.  There has been plenty of discussion on the usage of "+" and "/" in this thread.  The short of it is that the "+" makes the graphs look nice.  The "/" will tell p2pool what difficulty share to accept from you to add to the share chain.  If you set "/" less than the current p2pool network share difficulty, it automatically uses the network share difficulty.  If you set it higher than the network difficulty, it uses what you set.

You can add a fee to your node by passing the --fee parameter on startup of your node.  For example:

Code:

./run_p2pool.py --give-author 0.5 --fee 0.5

That will donate 0.5% to the author and will collect 0.5% fee for you.

Thanks you.
this is a massive the thread so sorry that i asked the question i was scanning through it and couldnt find an answer. The code you refer to ./run_p2pool.py that would be used in linux? I'm running windows. Where do i input that code through python? I never understood that part wish it was spelled out better in by op. Next pc is def a lunix based. I'm tired of compiling windows programs.

I'm not a Windows guy, so I can't offer you much help there.  I would imagine it's somewhat similar... maybe something like: c:\path\to\python.exe run_p2pool.py...

[luthermarcus]

I'm also have an issue of not recieving funds from the last block that was found it gives me an amount but it doesn't show up in my wallet transactions.
I was hoping to use my exchange to cut down on fees. I know they say not to do that but i have been doing it on my exchange from all of my mining and it works just fine. Is there a reason for me not to on the p2p network.

[windpath]

I'm also have an issue of not recieving funds from the last block that was found it gives me an amount but it doesn't show up in my wallet transactions.
I was hoping to use my exchange to cut down on fees. I know they say not to do that but i have been doing it on my exchange from all of my mining and it works just fine. Is there a reason for me not to on the p2p network.

I'd suggest mining to a wallet you control....

If you post or PM the address I'll take a look.

[jonnybravo0311]

I'm also have an issue of not recieving funds from the last block that was found it gives me an amount but it doesn't show up in my wallet transactions.
I was hoping to use my exchange to cut down on fees. I know they say not to do that but i have been doing it on my exchange from all of my mining and it works just fine. Is there a reason for me not to on the p2p network.

Unlike most other pools, p2pool pays you from the reward generation transaction.  In other words, you get newly minted coins.  Some exchanges don't play nicely with newly minted coins - they expect the coins to come from a known input transaction, not generated.  That's why you don't mine to an exchange.

[yslyung]

just make a .bat file either in .exe or linux version with the cmds you want or need then make a shortcut on desktop

looks something like this for linux version running in windows :

run_p2pool.py --give-author 0 YourBitcoinAddInYourBitcoin.confIfBlankItWillGoToYourWallet FollowedWithOtherCmdsYouWishToAdd

Spaces are important ! don't forget to port forward

[luthermarcus]

I'm also have an issue of not recieving funds from the last block that was found it gives me an amount but it doesn't show up in my wallet transactions.
I was hoping to use my exchange to cut down on fees. I know they say not to do that but i have been doing it on my exchange from all of my mining and it works just fine. Is there a reason for me not to on the p2p network.

Unlike most other pools, p2pool pays you from the reward generation transaction.  In other words, you get newly minted coins.  Some exchanges don't play nicely with newly minted coins - they expect the coins to come from a known input transaction, not generated.  That's why you don't mine to an exchange.

I really don't like the idea of mining to a wallet that could crash potentially bad idea. Maybe there should be an added change in code to support exchange deposits would be nice. Thanks dude the fast replies.

[luthermarcus]

just make a .bat file either in .exe or linux version with the cmds you want or need then make a shortcut on desktop

looks something like this for linux version running in windows :

run_p2pool.py --give-author 0 YourBitcoinAddInYourBitcoin.confIfBlankItWillGoToYourWallet FollowedWithOtherCmdsYouWishToAdd

Spaces are important ! don't forget to port forward

ok so i would make the .bat file in my p2p folder? can wait to try this wish i had a more comprehensive tutorial. I will make one Once I figure things out to hopefully get more people into this.

[jonnybravo0311]

I'm also have an issue of not recieving funds from the last block that was found it gives me an amount but it doesn't show up in my wallet transactions.
I was hoping to use my exchange to cut down on fees. I know they say not to do that but i have been doing it on my exchange from all of my mining and it works just fine. Is there a reason for me not to on the p2p network.

Unlike most other pools, p2pool pays you from the reward generation transaction.  In other words, you get newly minted coins.  Some exchanges don't play nicely with newly minted coins - they expect the coins to come from a known input transaction, not generated.  That's why you don't mine to an exchange.

I really don't like the idea of mining to a wallet that could crash potentially bad idea. Maybe there should be an added change in code to support exchange deposits would be nice. Thanks dude the fast replies.

That would be up to the exchanges.  They'd have to alter their code to allow for generated coins.

As for wallets crashing, if you're mining on your own p2pool node, sure that's bad because the p2pool code requires a connection to a functional Bitcoin daemon.  Then again, you're taking that chance no matter on which pool you're mining.  Heck, you can mine to a paper wallet if you really want to.  As long as you've got the public/private keys in your control it doesn't matter.

Personally, I run a p2pool node on a VPS.  The Bitcoin daemon is compiled and built with no wallet functionality.  It's job is to feed the p2pool node work.  The addresses I use for mining are completely separate of that box.  I make regular backups of my wallet.dat file and keep those backups stored safely.  If I execute any large transactions, I make a backup immediately afterwards.

[tomsanders]

Hi Guys

I seem to have found the issue,

The VPS used didn't have enough ram to run properly, up'd the ram and it seems to be all good now .........just got to wait for the blockchain to download and then I can carry on with the installation.

Thanks

[roy7]

I really don't like the idea of mining to a wallet that could crash potentially bad idea. Maybe there should be an added change in code to support exchange deposits would be nice. Thanks dude the fast replies.

As jonnybravo mentioned, the exchanges are the ones who don't process deposits properly when they are in the coinbase of the block (the newly minted reward coins). Nothing p2pool can do about that.

You could mine to an online wallet at a variety of places if you don't want to run a wallet locally. On my PC I use Electrum. Doesn't require downloading the blockchain, syncs very quickly, and gives you a seed you can print out and store in case you ever need to recreate your wallet from scratch.

[luthermarcus]

just make a .bat file either in .exe or linux version with the cmds you want or need then make a shortcut on desktop

looks something like this for linux version running in windows :

run_p2pool.py --give-author 0 YourBitcoinAddInYourBitcoin.confIfBlankItWillGoToYourWallet FollowedWithOtherCmdsYouWishToAdd

Spaces are important ! don't forget to port forward

Ok I reread your post I would put in my bitcoin.conf nice got that set up any other codes i should put in there to increase payout?
The size of the block etc. Set Broadband cap.... For so reason i can't get over diff over 1k putting out 2.5 k on this node are there intervals that it should be set at.
I apologize for all the questions i just dont have the time to comb through this thread would be nice to organize the info in this thread so it's easier to access what you need.  A screen shot of python run_p2pool.py --help would be nice.

[roy7]

I apologize for all the questions i just dont have the time to comb through this thread would be nice to organize the info in this thread so it's easier to access what you need.

You might find this useful:

A guide for mining efficiently on P2Pool, includes FUD repellent and FAQ

If it is any help to you, the script I use on my linux machine reads:

Code:

screen -d -m -S btcp2pool ~/code/p2pool/run_p2pool.py --irc-announce --outgoing-conns 10 --address yourbitcoinaddressforfeestogoto --fee 0 --give-author .5 --net bitcoin bitcoinuser bitcoinpassword

Obviously, replace the address with your own if you have a fee. Since I have --fee 0 at the moment I might not even need --address. The "bitcoinuser" and "bitcoinpassword" are the rpcuser and rpcpassword set in your bitcoin.conf file.

[luthermarcus]

I apologize for all the questions i just dont have the time to comb through this thread would be nice to organize the info in this thread so it's easier to access what you need.

You might find this useful:

A guide for mining efficiently on P2Pool, includes FUD repellent and FAQ

If it is any help to you, the script I use on my linux machine reads:

Code:

screen -d -m -S btcp2pool ~/code/p2pool/run_p2pool.py --irc-announce --outgoing-conns 10 --address yourbitcoinaddressforfeestogoto --fee 0 --give-author .5 --net bitcoin bitcoinuser bitcoinpassword

Obviously, replace the address with your own if you have a fee. Since I have --fee 0 at the moment I might not even need --address. The "bitcoinuser" and "bitcoinpassword" are the rpcuser and rpcpassword set in your bitcoin.conf file.

I was looking at that thread but i thought it was out dated.

[jonnybravo0311]

I apologize for all the questions i just dont have the time to comb through this thread would be nice to organize the info in this thread so it's easier to access what you need.

You might find this useful:

A guide for mining efficiently on P2Pool, includes FUD repellent and FAQ

If it is any help to you, the script I use on my linux machine reads:

Code:

screen -d -m -S btcp2pool ~/code/p2pool/run_p2pool.py --irc-announce --outgoing-conns 10 --address yourbitcoinaddressforfeestogoto --fee 0 --give-author .5 --net bitcoin bitcoinuser bitcoinpassword

Obviously, replace the address with your own if you have a fee. Since I have --fee 0 at the moment I might not even need --address. The "bitcoinuser" and "bitcoinpassword" are the rpcuser and rpcpassword set in your bitcoin.conf file.

I was looking at that thread but i thought it was out dated.

Everything there still applies.  @roy7, you put the address still in case some miners connect to your node without a proper BTC address.  Even if you're not collecting fees, the node will consider any improperly formatted BTC address mining as a donation.

[windpath]

Can someone take a look at this. Anything you see that i should change?
[IMG removed]

The run_p2pool.py line does not go in bitcoin.conf, that is the command to start p2pool (as you are on windows I'm guessing you use the exe), not sure how to pass args in win, but I would try start => cmd, move to p2pool dir and try to run it from there...

[Geremia]

How does P2Pool detect bad peers, which it bans? What constitutes a bad peer?

[Geremia]

How do we update P2Pool without loosing all our downloaded sharechain?

[roy7]

How do we update P2Pool without loosing all our downloaded sharechain?

If you cloned it from github I think all you need to do is "git pull" in the p2pool directory.

[Geremia]

How do we update P2Pool without loosing all our downloaded sharechain?

If you cloned it from github I think all you need to do is "git pull" in the p2pool directory.

Oh nice thanks

Also, is there a proper way to reboot P2Pool?