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

[Tegija]

payout stability of ghash.io, btcguild, eligius etc. is a myth.

The greater the proportion of the network hashrate a pool commands, the lower its variance will be.
That isn't a myth.

sure you get paid out with higher frequency, it does not mean that there is no variance.

sometimes p2pool does not make block several days and then makes 2 or 3 in wiry short time. daily payouts in other pools are day to day different too.
variance is a so to say "relative function" and depending what kind of timeframe you take as mirror.

it is not important how many payouts you have per day, week or month but its important how much BTC you get paid out in this timeframe. if you chose short timeframe you can speak about big variance. every longer timeframe that smaller variance. i don´t care (and for sure most of miners don´t) how often i get payouts, more important is how much i get paid out in the end.

of course if you have to sell your BTC daily, then it is easier to mine in some huge pool and enjoy this BTC or USD daily.

my variance i count per month and so p2pool did not disappoint me yet. monthly (income)variance speaks clear for p2pool.

of course it can be that small(er) miners have different experiences.

[murraypaul]

payout stability of ghash.io, btcguild, eligius etc. is a myth.

The greater the proportion of the network hashrate a pool commands, the lower its variance will be.
That isn't a myth.

sure you get paid out with higher frequency, it does not mean that there is no variance.

No, it means there is lower variance, and your payouts will be more consistent.
Larger pools do have greater payout stability, due to lower variance.

[kapanec]

Hello all.  Is there a list, somewhere, of the p2p servers set up, for Bitcoin and alt coins? 

P2Pool Finder

[GrapeApe]

I used to mine here at p2pool about six to nine months ago. I'm considering coming back and I have a couple of questions. I am using Ubuntu 12.04.

1: Do I need to use a dummy wallet now that we have the disable wallet feature on bitcoin-qt or do I even need a wallet.dat file at all with the disable wallet command?

Edit: Well I answered my first question on my own I am using QT with no wallet.dat file so no dummy or any other needed.

2: I set a user/password in my bitcoin.conf file but when I try to use it with p2pool.py for example    python run_p2pool.py -a 1blahblahblah --give-author 0.5 -u user -p password
I have it running with no user/pass set and I used bogus user/pass on my miner to connect to my node. Is this a security issue, have I configured something wrong?

3:I'm at about 280GH/s and cgminer keeps changing my difficulty (often) should I set a minimum diff setting and where do I do that? I know there was a way in the past I just can't remember.

Edit: I answered my 3rd question you just append +xxx to your user name for the miner pool credentials and it adjust the difficulty accordingly...

4: My latency is about .3s, that seems high should I be concerned about that and start tuning a little or is that acceptable?

Thanks,
GrapeApe

BTW: The conversation going on beneath my post is the same one that was going on six months ago just different people.....BORING

[mdude77]

it will be always big discussion which pool has better payouts. if we are only "thinking" about it this discussion is senseless...
i have reference miners in different pools since 2 months and can say pretty clear that mining in eligius is for sure not more effective than mining  in p2pool. even with lots of bad luck in p2pool last few months i have better payouts in p2pool.

numbers?  I'm sorry, I don't buy it.

M

[smooth]

it will be always big discussion which pool has better payouts. if we are only "thinking" about it this discussion is senseless...
i have reference miners in different pools since 2 months and can say pretty clear that mining in eligius is for sure not more effective than mining  in p2pool. even with lots of bad luck in p2pool last few months i have better payouts in p2pool.

numbers?  I'm sorry, I don't buy it.

I don't know his numbers but I do know eligius hasn't had great luck lately either, so that may be part of it. Last year I was consistently at around 99% of max payout on eligius but over the past couple of months it is more like 97%. I'm probably below par on p2pool as well though, but I don't have an exact number. Somebody is getting all the luck in this network, but its not me. i plan to shift a small fraction of my hashrate to ghash as well, hopefully that will help smooth things out more.

[mdude77]

it will be always big discussion which pool has better payouts. if we are only "thinking" about it this discussion is senseless...
i have reference miners in different pools since 2 months and can say pretty clear that mining in eligius is for sure not more effective than mining  in p2pool. even with lots of bad luck in p2pool last few months i have better payouts in p2pool.

numbers?  I'm sorry, I don't buy it.

I don't know his numbers but I do know eligius hasn't had great luck lately either, so that may be part of it. Last year I was consistently at around 99% of max payout on eligius but over the past couple of months it is more like 97%. I'm probably below par on p2pool as well though, but I don't have an exact number. Somebody is getting all the luck in this network, but its not me. i plan to shift a small fraction of my hashrate to ghash as well, hopefully that will help smooth things out more.

if p2pool.info is accurate, p2pool is at 87% for 30 days and 89% for 90 days
according to my math, eligius is at 97% for 30 days and also 97% for 90 days

throw in pool wide NMC merged mining at eligius, as opposed to essentially solo mining it on p2pool, I'm not getting how p2pool could come out ahead.

M

[CartmanSPC]

Anyone try using CloudFlare to protect their p2pools? Would it work? Any measurable performance issues?

Thanks in advance 

[mdude77]

I've said this before... but I'm trying it again.

I have 200gh/s pointed at a public p2pool node with a fresh unused address.
I have another 200gh/s pointed at eligius with a fresh unused address.

Difficulty just changed.

Let's see how things look in 2 weeks.

M

[IYFTech]

I used to mine here at p2pool about six to nine months ago. I'm considering coming back and I have a couple of questions. I am using Ubuntu 12.04.
4: My latency is about .3s, that seems high should I be concerned about that and start tuning a little or is that acceptable?[/b]

Thanks,
GrapeApe

BTW: The conversation going on beneath my post is the same one that was going on six months ago just different people.....BORING

+1!!  You said it dude - the same old argument, on & on, never stops. This is not a p2pool support thread anymore(?) - there is no support - just bickering about the same shit. It should be renamed the "I'm right - your wrong argument thread" instead.......

PS: 0.3 is OK dude 

[Tegija]

it will be always big discussion which pool has better payouts. if we are only "thinking" about it this discussion is senseless...
i have reference miners in different pools since 2 months and can say pretty clear that mining in eligius is for sure not more effective than mining  in p2pool. even with lots of bad luck in p2pool last few months i have better payouts in p2pool.

numbers?  I'm sorry, I don't buy it.
M

Sorry, i did not try to sell you anything.  

My reference miner mined ca 3% more in p2pool (not even in my own node). to give here proofs is to much extra work for me. i had in every pool 2 BFL 60 GH Singles mining and payouts were following between 15.january and 15 march:
Ghash.io - 1.012 BTC
Eligius - 0.997 BTC
P2pool - 1.027 BTC
btcguild - 0.962 BTC
of course this difference is not huge but in the end it makes some $. only advantage of big pools was that i did not have to check and restart my miners every week. in p2pool i had to check all the time how my miners were working, restart them or even change the node (there are not many stabile nodes out there - sad but truth).

I've said this before... but I'm trying it again.

I have 200gh/s pointed at a public p2pool node with a fresh unused address.
I have another 200gh/s pointed at eligius with a fresh unused address.

Difficulty just changed.

Let's see how things look in 2 weeks.

M

thats good idea to do it, even if 2 weeks timeframe is too short for real comparison. you need in p2pool 3 days until your miner reach full payout height, in eligius it goes much faster.
and please just change the miners in one week (elegies to p2pool and other way) to get real numbers. hash rate of miners can seem to be same, but every miner is different, so changing them guarantees that both pools have equal chances.

[mdude77]

Sorry, i did not try to sell you anything.  

My reference miner mined ca 3% more in p2pool (not even in my own node). to give here proofs is to much extra work for me. i had in every pool 2 BFL 60 GH Singles mining and payouts were following between 15.january and 15 march:
Ghash.io - 1.012 BTC
Eligius - 0.997 BTC
P2pool - 1.027 BTC
btcguild - 0.962 BTC
of course this difference is not huge but in the end it makes some $. only advantage of big pools was that i did not have to check and restart my miners every week. in p2pool i had to check all the time how my miners were working, restart them or even change the node (there are not many stabile nodes out there - sad but truth).

Those are good numbers.  But it doesn't prove much because luck in one month can vary quite a bit, and you didn't include NMC which is available from eligius (and btcguild).

I've said this before... but I'm trying it again.

I have 200gh/s pointed at a public p2pool node with a fresh unused address.
I have another 200gh/s pointed at eligius with a fresh unused address.

Difficulty just changed.

Let's see how things look in 2 weeks.

thats good idea to do it, even if 2 weeks timeframe is too short for real comparison. you need in p2pool 3 days until your miner reach full payout height, in eligius it goes much faster.
and please just change the miners in one week (elegies to p2pool and other way) to get real numbers. hash rate of miners can seem to be same, but every miner is different, so changing them guarantees that both pools have equal chances.

Good idea.  Let's see if I remember to do that.

I was hoping to go a whole month, or 2 difficulty cycles.. which is less than a month I guess, or longer.

M

[roy7]

Anyone try using CloudFlare to protect their p2pools? Would it work? Any measurable performance issues?

Thanks in advance 

I'm interested in that too.

[GrapeApe]

PS: 0.3 is OK dude 

Thanks man.

[Tegija]

I used to mine here at p2pool about six to nine months ago. I'm considering coming back and I have a couple of questions. I am using Ubuntu 12.04.
4: My latency is about .3s, that seems high should I be concerned about that and start tuning a little or is that acceptable?[/b]

Thanks,
GrapeApe

BTW: The conversation going on beneath my post is the same one that was going on six months ago just different people.....BORING

+1!!  You said it dude - the same old argument, on & on, never stops. This is not a p2pool support thread anymore(?) - there is no support - just bickering about the same shit. It should be renamed the "I'm right - your wrong argument thread" instead.......

PS: 0.3 is OK dude 

everything between 0.2 and 0.5 is OK. even 0.7 is ok if efficiency is round 100%.
going lower is just contra productive: you will get less fees and don't win anything.

Low latency is not the most important thing and tuning it very much down can bring many other problems like low shares, to high memory usage etc.

[roy7]

Edit: I answered my 3rd question you just append +xxx to your user name for the miner pool credentials and it adjust the difficulty accordingly...

Remember this changes pseudo share difficulty to report to node, but doesn't change the share difficulty for actual shares on the share chain. For that you need to use /DIFF.

[roy7]

of course this difference is not huge but in the end it makes some $. only advantage of big pools was that i did not have to check and restart my miners every week. in p2pool i had to check all the time how my miners were working, restart them or even change the node (there are not many stabile nodes out there - sad but truth).

I don't know Acejam, but he runs a load balancing cluster of p2pool nodes here:

https://bitcointalk.org/index.php?topic=422242.0

[GrapeApe]

Edit: I answered my 3rd question you just append +xxx to your user name for the miner pool credentials and it adjust the difficulty accordingly...

Remember this changes pseudo share difficulty to report to node, but doesn't change the share difficulty for actual shares on the share chain. For that you need to use /DIFF.

Thanks!

[Tegija]

Sorry, i did not try to sell you anything.  

My reference miner mined ca 3% more in p2pool (not even in my own node). to give here proofs is to much extra work for me. i had in every pool 2 BFL 60 GH Singles mining and payouts were following between 15.january and 15 march:
Ghash.io - 1.012 BTC
Eligius - 0.997 BTC
P2pool - 1.027 BTC
btcguild - 0.962 BTC
of course this difference is not huge but in the end it makes some $. only advantage of big pools was that i did not have to check and restart my miners every week. in p2pool i had to check all the time how my miners were working, restart them or even change the node (there are not many stabile nodes out there - sad but truth).

Those are good numbers.  But it doesn't prove much because luck in one month can vary quite a bit, and you didn't include NMC which is available from eligius (and btcguild).

that is exactly what i was saying: one month is not enough to get real overview.
NMC/DVC/IXC amounts are already included to my total. this "extra money" is such marginal that it was for me even not worth to mention. per 1 BTC you usually mine round 2NMC so there it makes difference of 0.01BTC. IXC and DVC bring even less.

[Tegija]

of course this difference is not huge but in the end it makes some $. only advantage of big pools was that i did not have to check and restart my miners every week. in p2pool i had to check all the time how my miners were working, restart them or even change the node (there are not many stabile nodes out there - sad but truth).

I don't know Acejam, but he runs a load balancing cluster of p2pool nodes here:

https://bitcointalk.org/index.php?topic=422242.0

i have my own very stabile and effective node and don't need to look for other one. i just used for testing purposes other public nodes to have comparison to my own node also.
if i look this node than in the first moment it looks as they have to high dead rate and their efficiency is not at this moment very high neither. for my purposes some other nodes were better.