Creating an altcoin pool

[goastler]

I was just wondering how difficult it is to setup an altcoin mining pool. I can make the website and host it, easy, but I don't know about the "rpc" and stuff? I've heard that term thrown around with altcoins advertising to pool operators. Me and a group of friends (10 ish) just want our own pool because it'd be a fun and interesting thing to do. Basically, gimme a 101 on making a pool :L

Thanks!

[MoneyGrabber]

For what is required your not going to get a 101 tutorial, there is just so much involved from the server set up to security settings, we are setting one up now which we are now testing today in fact, there is some help out there using google which i recommend you do, but be clear on your server set up for a start and go from there.

[goastler]

Okay, that's understandable Obviously the server will be running linux, is there any helpful packages I need to install to get started?

[cthulu1]

To answer your question -- no there is no "package" that helps you get started. No two pools are ever going to be the same for a variety of reasons -- namely hardware and technical aptitude of the operators. almost every pool OP I know has had to scrounge through what little there is on google and the rest is all learned hands-on. going through these forums, you'll see shining examples of both the best and the worst of pools, which further supports this point. but the NUMBER ONE THING THAT DESTROYS POOLS IS SCALABILITY. If you can't scale the pool, you're going to have such a shitstorm of problems after you're going to wish you never started. so to reinstate -- no you can't find any real "tutorials" or "solve-all" solutions. the only main things I can suggest are:

1. create a scalable business model
2. insure that you have emergency plans in place to deal with all problems, such as DDoS, security, down-time, etc. as you can GUARANTEE that if you don't have a fully functioning pool, you'll have hundreds if not thousands of miners hunting you down trying to do everything they can to find fair compensation even if it means attacking the OP in some manner.

[goastler]

I'm starting to think I might need to put a bit more thought in to this plan...

I've got enough experience of good and bad pools from mining altcoins for half a year or so. I reckon I can implement all the protection and fallback facilities, I'll just need to learn the pool setup side of things. Thanks for your help anyway, you've made me rethink my idea

[psybase64]

You might like to have a look at MPOS.

MPOS stands for Mining Portal Open Source. A unified mining interface for various Scrypt and SHA256d Crypto-currencies!

https://github.com/TheSerapher/php-mpos

Read the Getting Started Guide for how to setup a pool

https://github.com/TheSerapher/php-mpos/wiki/Quick-Start-Guide

Don't think you will have to many scaling issues if its just for 10 buddies.

[cthulu1]

ah yes, but knowing how money works once you get a piece of the pie you want the whole bakery! plus it helps to scale and tack on a small fee to help pay for maintenance and operations. :}

[captchunk]

What kind of server specs would an average size pool (let's say around 500mh/s) require?