In order to sidestep the chicken-and-egg problem of bootstrapping a mining pool, in this thread people can promise to put a certain amount of hashing power on the p2pool network when the total pledged is high enough.
Background:
P2Pool is a decentralized pool that works by creating a P2P network of miner nodes. These nodes work on a chain of shares similar to Bitcoin's blockchain. Each node works on a block that includes payouts to the previous shares' owners and the node itself. There is no central point of failure, making it DoS resistant.
Forum thread |
P2Pool wiki page |
GitHub project page'High enough' should be around 30GH/s, but this is open to discussion. 30GH/s results in an average time-to-first-block of 3 days, with the 50% and 95% percentiles being 2 days and 9 days. Once the agreed upon amount is reached, I'll signal everyone to begin on this thread.
If you're already mining on p2pool, put your pledge in anyway so we can have an accurate total.
Sum so far: 25.68GH/s
---
I pledge the 410MH/s that I'm already mining with.
