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

[OgNasty]

exactly you HAD BUT YOU DONT ANYMORE. The profit train left the mining station a long time ago and so did P2POOL.

I guess you like your miners to become paper weights and wait 30 years to see any kind of income lol.   Bitcoin is crashing wake up smell the coffee take what you can get. once my miners become useless then I will mine on p2pool. Don't get me wrong I love the concept but its just dead. You really think you are going to hit a block you guys still have not since 2-01-2016 and with the DIFF going up more wake up !

p2pool is the same as solo mining. use nicehash.

It is rare to read so many incorrect statements strung together.  I'm actually impressed.

[1713587106]

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[jonnybravo0311]

LOL!

[Meuh6879]

Interesting ...

[windpath]

Interesting ...

http://imagizer.imageshack.us/a/img924/3866/gzDQLV.png

12 Has quite a lot of performance enhancements, and it's evident in GBT latency

[dog1965]

exactly you HAD BUT YOU DONT ANYMORE. The profit train left the mining station a long time ago and so did P2POOL.

I guess you like your miners to become paper weights and wait 30 years to see any kind of income lol.   Bitcoin is crashing wake up smell the coffee take what you can get. once my miners become useless then I will mine on p2pool. Don't get me wrong I love the concept but its just dead. You really think you are going to hit a block you guys still have not since 2-01-2016 and with the DIFF going up more wake up !

p2pool is the same as solo mining. use nicehash.

It is rare to read so many incorrect statements strung together.  I'm actually impressed.

with a feeble brain like yours I am not impressed just look at the stats in front of you moron.

9d 8h 24m 35s   2016-02-01 17:27:14   396172    00000000000000000925c05a8c0ab384fd53940659603df77f0a8a1438083673   25.00000000   212   38083673   51.39%   

No block yet and I already made $70.00 bucks and nice hash so who is incorrect. 2-01-2016 lol lol lol lol. You have a better shot playing lotto then mining on p2pool lol lol lol put up your stats show me what you made.

[OgNasty]

put up your stats show me what you made.

OK.

https://nastyfans.org/nastypop/rates.html

NastyPoP has paid out 97.9% of expected earnings with 0% fees since inception.

Nicehash charges a 3% fee, so you are expected to only receive 97% of expected earnings.

P2pool via NastyPool = 97.9% > Nicehash = 97%


MOD EDIT: Troll component removed

OgNasty EDIT: My response to kano has been removed by a mod.  I have posted my data, maybe kano will post some actual data to back up his stance as opposed to making assumptions.

[kano]

put up your stats show me what you made.

OK.

https://nastyfans.org/nastypop/rates.html

NastyPoP has paid out 97.9% of expected earnings with 0% fees since inception.

Nicehash charges a 3% fee, so you are expected to only receive 97% of expected earnings.

P2pool via NastyPool = 97.9% > Nicehash = 97%

Um - how did you calculate expected earnings on p2pool/nastypop?

[kano]

OK no answer?

...

Well the problem with expected earnings on P2Pool is that it's lower than other pools.

P2Pool has 10x the work changes of a standard bitcoin pool, so that means 10x the number of stales.
That then leads directly to under stating the number of accepted shares on p2ool vs a normal pool.

Simple explanation:
If someone has 1THs and they get 0.3% stales on a normal pool, they will see 0.997THs of accepted shares on the pool.
If the same miner is pointed at p2pool and getting 10x the stales dues to 10x the work changes, they will see 0.97THs of accepted shares on the pool.
i.e. a lower expected number of shares.

As soon as you convert that to expected earnings, you are saying the p2pool expected earning is lower than a normal pool expected earning due to the lower number of shares.

To compare it correctly:
P2Pool: 97.9% of 0.97THs = 0.94963THs
Normal (PPS) Pool with ridiculous high 3% fee 97% of 0.997THs = 0.96709THs

Normal (PPS) Pool with 3% fee pays more than P2Pool with 97.9% PPS

[notbatman]

If your dog is foaming at the mouth due to impatience and possibly a bad case of rabies you can always mod p2pool as a stratum server to solo mine your favorite low difficulty alt-coin.

Raven has a fork with a whole bunch of alts already loaded available on github.
 

[K1773R]

OK no answer?

...

Well the problem with expected earnings on P2Pool is that it's lower than other pools.

P2Pool has 10x the work changes of a standard bitcoin pool, so that means 10x the number of stales.
That then leads directly to under stating the number of accepted shares on p2ool vs a normal pool.

Simple explanation:
If someone has 1THs and they get 0.3% stales on a normal pool, they will see 0.997THs of accepted shares on the pool.
If the same miner is pointed at p2pool and getting 10x the stales dues to 10x the work changes, they will see 0.97THs of accepted shares on the pool.
i.e. a lower expected number of shares.

As soon as you convert that to expected earnings, you are saying the p2pool expected earning is lower than a normal pool expected earning due to the lower number of shares.

To compare it correctly:
P2Pool: 97.9% of 0.97THs = 0.94963THs
Normal (PPS) Pool with ridiculous high 3% fee 97% of 0.997THs = 0.96709THs

Normal (PPS) Pool with 3% fee pays more than P2Pool with 97.9% PPS

you forgot that stales can find blocks. if the stalerate would be even across all p2pool miners, then they wouldnt matter.

[kano]

OK no answer?

...

Well the problem with expected earnings on P2Pool is that it's lower than other pools.

P2Pool has 10x the work changes of a standard bitcoin pool, so that means 10x the number of stales.
That then leads directly to under stating the number of accepted shares on p2ool vs a normal pool.

Simple explanation:
If someone has 1THs and they get 0.3% stales on a normal pool, they will see 0.997THs of accepted shares on the pool.
If the same miner is pointed at p2pool and getting 10x the stales dues to 10x the work changes, they will see 0.97THs of accepted shares on the pool.
i.e. a lower expected number of shares.

As soon as you convert that to expected earnings, you are saying the p2pool expected earning is lower than a normal pool expected earning due to the lower number of shares.

To compare it correctly:
P2Pool: 97.9% of 0.97THs = 0.94963THs
Normal (PPS) Pool with ridiculous high 3% fee 97% of 0.997THs = 0.96709THs

Normal (PPS) Pool with 3% fee pays more than P2Pool with 97.9% PPS

you forgot that stales can find blocks. if the stalerate would be even across all p2pool miners, then they wouldnt matter.

That has nothing to do with what I said.

[jonnybravo0311]

I ran a year-long test comparing NastyPoP to standard p2pool payouts.  I had 2 identical S3s mining - one configured to get standard p2pool payouts, the other configured for NastyPoP.  At the end of the year, the data shows that the S3 getting standard p2pool payments made 96.99% of expectations.  The S3 on NastyPoP made 91.04%.

I calculated expected earnings by figuring out how much 440GH/s should have made using the following formula:

Code:

reward / (2^256 / (((2^224 - 2^208) / difficulty) * hash rate))

All data is available in an Excel spreadsheet for examination here: https://www.dropbox.com/s/vv7r7ejq2pquynl/pop_vs_p2p.xlsx?dl=0

[p3yot33at3r]

I ran a year-long test comparing NastyPoP to standard p2pool payouts.  I had 2 identical S3s mining - one configured to get standard p2pool payouts, the other configured for NastyPoP.  At the end of the year, the data shows that the S3 getting standard p2pool payments made 96.99% of expectations.  The S3 on NastyPoP made 91.04%.

I calculated expected earnings by figuring out how much 440GH/s should have made using the following formula:

Code:

reward / (2^256 / (((2^224 - 2^208) / difficulty) * hash rate))

All data is available in an Excel spreadsheet for examination here: https://www.dropbox.com/s/vv7r7ejq2pquynl/pop_vs_p2p.xlsx?dl=0

Let's not forget the potential to merge mine 14 other coins on top of Bitcoin with p2pool (I'm currently only mining 11 though), with more on their way. It all adds up.

[kano]

I ran a year-long test comparing NastyPoP to standard p2pool payouts.  I had 2 identical S3s mining - one configured to get standard p2pool payouts, the other configured for NastyPoP.  At the end of the year, the data shows that the S3 getting standard p2pool payments made 96.99% of expectations.  The S3 on NastyPoP made 91.04%.

I calculated expected earnings by figuring out how much 440GH/s should have made using the following formula:

Code:

reward / (2^256 / (((2^224 - 2^208) / difficulty) * hash rate))

All data is available in an Excel spreadsheet for examination here: https://www.dropbox.com/s/vv7r7ejq2pquynl/pop_vs_p2p.xlsx?dl=0

That's my point.
"Expected" by OgNasty, was no doubt calculated based on accepted shares, which is how every pool calculates it, and makes p2pool look better than it really is since accepted is so low on p2pool due to rejected being 10 times a normal pool.

That's one of the 2 "lies" in p2pool statistics.
The other is luck.

Let's not forget the potential to merge mine 14 other coins on top of Bitcoin with p2pool (I'm currently only mining 11 though), with more on their way. It all adds up to almost zero

FTFY

[p3yot33at3r]

It all adds up to almost zero

FTFY

Well, so far this year I have earned an extra BTC1.4194942 by cashing in some of my altcoins that I merge mined with p2pool. It's a matter of perception kano, it might be almost zero to you, but for the hobby miner like myself it goes a long way towards paying the electricity bill, as well as providing income during the lean "luckless" periods 

[kano]

It all adds up to almost zero

FTFY

Well, so far this year I have earned an extra BTC1.4194942 by cashing in some of my altcoins that I merge mined with p2pool. It's a matter of perception kano, it might be almost zero to you, but for the hobby miner like myself it goes a long way towards paying the electricity bill, as well as providing income during the lean "luckless" periods 

Quoting a number out of context means nothing.

2 points:
1) What % of the BTC earning is that?
Also note that when you say "This Year" you obviously mean 43 days right?
Since this year is only 43 days old.

2) What % would it be today now that altcoins are all pretty much worth nothing as people slowly realise the scam - free coins, that people only get to sell them, should be worth nothing.

[p3yot33at3r]

1) What % of the BTC earning is that?

I have no idea, I never bothered working it out.

2) What % would it be today now that altcoins are all pretty much worth nothing as people slowly realise the scam - free coins, that people only get to sell them, should be worth nothing.

I have no idea about that either, for the same reason.

I don't much care for altcoins either, & am in complete agreement with you about them. However, if I am able to merge mine them at no extra cost to myself, then cash them in at exchanges for BTC when I feel the price is right, then why wouldn't I? After all, that is what merge mining is for & what attracted me to p2pool in the first place, amongst other things. Alt(shit)coins are simply a means to provide a little extra income - the fact that I merge mine them with p2pool does not mean that I like/trust/care about them. Without merge mining them I probably wouldn't be able to afford to run my node, so they serve a purpose to me, nothing else. It's a pain having to keep checking the prices on all the different exchanges, but if I get it right, it's nice to get those little extra satoshi - it just helps.

[PassThePopcorn]

I don't much care for altcoins either, & am in complete agreement with you about them. However, if I am able to merge mine them at no extra cost to myself, then cash them in at exchanges for BTC when I feel the price is right, then why wouldn't I? After all, that is what merge mining is for & what attracted me to p2pool in the first place, amongst other things. Alt(shit)coins are simply a means to provide a little extra income - the fact that I merge mine them with p2pool does not mean that I like/trust/care about them. Without merge mining them I probably wouldn't be able to afford to run my node, so they serve a purpose to me, nothing else. It's a pain having to keep checking the prices on all the different exchanges, but if I get it right, it's nice to get those little extra satoshi - it just helps.

What about the performance cost? The server is using resources for an alt coin, slowing down the server = less BTC. I think Kano can explain it much better.

[p3yot33at3r]

What about the performance cost? The server is using resources for an alt coin, slowing down the server = less BTC.

My node efficiency very rarely goes below 105% - although looking at it now it is at 102.8%. It pretty much stays like that weather I merge mine or only mine BTC.

[jedimstr]

Hmmm.. haven't seen hashrate this low on P2Pool in a long time. Lost Faith exodus or some drunken guys tripped over the power cord during the Chinese New Year celebrations?


UPDATE:
Ahh it must have been drunk guys then... It's climbed back up to the general below 1PH level again (dipped into the 300TH level for awhile there).

Anyone feel like experimenting with 3PH or so again?  Please? *crickets*