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Author Topic: Litecoin (solo)-miners?! Come to Litecoin P2Pool!! A new promotion is coming!  (Read 6633 times)
ThiagoCMC
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February 07, 2012, 07:10:31 AM
 #1

Please, read the following topic:

P2Pool donations - Promotion! You'll stay out?!
https://bitcointalk.org/index.php?topic=62940.0

Cheers!
Thiago

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February 07, 2012, 08:58:42 AM
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What makes a ltc pool attractive?  I'm seeing perfectly acceptable variance, mining solo with an i5.
ThiagoCMC
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February 07, 2012, 11:35:19 AM
 #3

It is fun!  Tongue
You can learn about P2Pool technology...
AND, I'll make huge donations for a month! 200 LTC / day! You can earn this solo?!  Wink

Mercado Forex acessível para todos os Brasileiros que tenham Bitcoins! Cadastre-se hoje mesmo! Bastar acessar aqui: https://1broker.com/m/r.php?i=8879
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February 07, 2012, 11:08:10 PM
 #4

How many coins can I earn on your pool with about 30 KH/s?

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February 07, 2012, 11:36:52 PM
 #5

Please, read the following topic:

P2Pool donations - Promotion! You'll stay out?!
https://bitcointalk.org/index.php?topic=62940.0

Cheers!
Thiago

Might want to get the suppression of "stale" shares made configurable by the pool in the pooler miner, as was recently done in cgminer, in order to make sure ltc p2pool performs well.
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February 08, 2012, 08:58:22 AM
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is there a guide for windows how to set up litecoin p2pool?

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February 08, 2012, 11:55:45 AM
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is there a guide for windows how to set up litecoin p2pool?

From ThiagoCMC's guide thread is a link, Step by precious step guide for P2Pool mining on Windows 7 by Holliday
https://bitcointalk.org/index.php?topic=18313.msg712967#msg712967 which on a quick glance looks like it would easily apply to Litecoin as well, but I can't say for sure.

Quote
In an attempt to help complete noobs, like myself, I've written a hopefully foolproof guide. Please look over this and inform me of any mistakes I've made. If anyone tries this and fails, please let me know what didn't work.

Step by precious step guide for P2Pool mining on Windows 7.

1. Download Bitcoin - http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.5.2/bitcoin-0.5.2-win32-setup.exe/download

2. Download P2Pool - http://u.forre.st/u/lqibuhzg/p2pool_win32_79cd2c5.zip

3. Download cgminer - http://ck.kolivas.org/apps/cgminer/cgminer-2.2.3-win32.zip

4. Install Bitcoin. Start Bitcoin (if windows asks to Allow Access, choose yes) and wait for it to download the full block chain. Here is a current block count - http://blockexplorer.com/q/getblockcount

5. a. Go into Control Panel > Appearance and Personalization > Folder Options > View >  uncheck "Hide extensions for known file types'" (or leave it unchecked if it already is).

    b. While you are there choose: Show hidden files, folders, and drives. (or leave it selected)

    c. Click OK.

6. Browse to C:\Users\YourUserName\Appdata\Roaming\Bitcoin. (YourUserName will be whatever you entered when you installed windows.)

7. Right click in the folder and choose: New > Text Document. Delete the entire name (including .txt) and type the following: bitcoin.conf (hit enter, then click yes)

8. a. Right click on the bitcoin.conf file and choose edit.

   b. If edit is not available, choose open. Then choose: Select a program from a list of installed programs. Click OK. Double click Notepad.

   c.  i. Once you have the file open and ready to edit type: rpcuser=user (hit enter), rpcpassword=password (hit enter), server=1 (don't type stuff in parenthesis, actually do it, don't type commas)

       ii. Or copy and past this into the file

         
          rpcuser=user
          rpcpassword=password
          server=1
         

   d. Click file in the top left corner and choose save.

   e. After doing this, close and restart Bitcoin.

9. Forward port 9333. (Optional, helps with finding additional peers.)

10. Extract p2pool from p2pool_win32_592ceea.zip. (Desktop is a great place to extract this folder.)

11. a. Open the p2pool folder, right click run_p2pool.exe and select create shortcut.

     b. Right click the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after run_p2pool.exe and type: user password
   
     c. Click OK.

12. Double click the p2pool short cut. This will start P2Pool. Let it run. (If windows asks you to Allow Access, choose yes)

13. Extract cgminer from cgminer-2.2.1-win32.zip. (Desktop is a great place to extract this folder.)

14. a. Open the cgminer folder, right click cgminer.exe and select create shortcut.

     b. Right click the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after cgminer.exe and type: -o http://127.0.0.1:9332 -u noob -p sauce

     c. Click OK.

15. Double click the cgminer shortcut. This will start cgminer. If you've done everything correctly you should be mining on P2Pool!

(You should change "user" to any username you like and "password" to any password you like (strong passwords are nice). This will help with security. Be sure to change it both times you are required to type it!)

(I will add how to use bitcoind to this later, because the GUI tends to crash)

OK, to use bitcoind instead of the GUI, do the following.

1. a. Browse to C:\Program Files (x86)\Bitcoin\daemon

    b. Right click on bitcoind.exe and select create shortcut.

    c. Right click on the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after bitcoind.exe" and type: -rpcuser=user -rpcpassword=password

2. If Bitcoin-qt is still running, close it and then use the shortcut you've just created to start bitcoind. You should once again be mining on P2Pool.

(Again, if you've changed "user" and "password" be sure to use the correct info here.)

ThiagoCMC
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February 08, 2012, 07:40:08 PM
 #8

How many coins can I earn on your pool with about 30 KH/s?

The great point of P2Pool is: there is no "my pool"! The P2Pool isn't "my pool"... It is OUR pool.  Wink

Because to join it, you must install P2Pool in your own machine, directly to your own wallet.dat, you'll be your own "pool operator", and need to point your miners to YOUR pool... Which will be part of the P2Pool distributed network.

You'll earn almost the same if solo or in a pool like Pool-X.eu... The P2Pool payout logic is PPLNS.

Cheers,
Thiago

Mercado Forex acessível para todos os Brasileiros que tenham Bitcoins! Cadastre-se hoje mesmo! Bastar acessar aqui: https://1broker.com/m/r.php?i=8879
Rubberduckie
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February 08, 2012, 08:06:05 PM
 #9

is there a guide for windows how to set up litecoin p2pool?

From ThiagoCMC's guide thread is a link, Step by precious step guide for P2Pool mining on Windows 7 by Holliday
https://bitcointalk.org/index.php?topic=18313.msg712967#msg712967 which on a quick glance looks like it would easily apply to Litecoin as well, but I can't say for sure.

Quote
In an attempt to help complete noobs, like myself, I've written a hopefully foolproof guide. Please look over this and inform me of any mistakes I've made. If anyone tries this and fails, please let me know what didn't work.

Step by precious step guide for P2Pool mining on Windows 7.

1. Download Bitcoin - http://sourceforge.net/projects/bitcoin/files/Bitcoin/bitcoin-0.5.2/bitcoin-0.5.2-win32-setup.exe/download

2. Download P2Pool - http://u.forre.st/u/lqibuhzg/p2pool_win32_79cd2c5.zip

3. Download cgminer - http://ck.kolivas.org/apps/cgminer/cgminer-2.2.3-win32.zip

4. Install Bitcoin. Start Bitcoin (if windows asks to Allow Access, choose yes) and wait for it to download the full block chain. Here is a current block count - http://blockexplorer.com/q/getblockcount

5. a. Go into Control Panel > Appearance and Personalization > Folder Options > View >  uncheck "Hide extensions for known file types'" (or leave it unchecked if it already is).

    b. While you are there choose: Show hidden files, folders, and drives. (or leave it selected)

    c. Click OK.

6. Browse to C:\Users\YourUserName\Appdata\Roaming\Bitcoin. (YourUserName will be whatever you entered when you installed windows.)

7. Right click in the folder and choose: New > Text Document. Delete the entire name (including .txt) and type the following: bitcoin.conf (hit enter, then click yes)

8. a. Right click on the bitcoin.conf file and choose edit.

   b. If edit is not available, choose open. Then choose: Select a program from a list of installed programs. Click OK. Double click Notepad.

   c.  i. Once you have the file open and ready to edit type: rpcuser=user (hit enter), rpcpassword=password (hit enter), server=1 (don't type stuff in parenthesis, actually do it, don't type commas)

       ii. Or copy and past this into the file

         
          rpcuser=user
          rpcpassword=password
          server=1
         

   d. Click file in the top left corner and choose save.

   e. After doing this, close and restart Bitcoin.

9. Forward port 9333. (Optional, helps with finding additional peers.)

10. Extract p2pool from p2pool_win32_592ceea.zip. (Desktop is a great place to extract this folder.)

11. a. Open the p2pool folder, right click run_p2pool.exe and select create shortcut.

     b. Right click the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after run_p2pool.exe and type: user password
   
     c. Click OK.

12. Double click the p2pool short cut. This will start P2Pool. Let it run. (If windows asks you to Allow Access, choose yes)

13. Extract cgminer from cgminer-2.2.1-win32.zip. (Desktop is a great place to extract this folder.)

14. a. Open the cgminer folder, right click cgminer.exe and select create shortcut.

     b. Right click the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after cgminer.exe and type: -o http://127.0.0.1:9332 -u noob -p sauce

     c. Click OK.

15. Double click the cgminer shortcut. This will start cgminer. If you've done everything correctly you should be mining on P2Pool!

(You should change "user" to any username you like and "password" to any password you like (strong passwords are nice). This will help with security. Be sure to change it both times you are required to type it!)

(I will add how to use bitcoind to this later, because the GUI tends to crash)

OK, to use bitcoind instead of the GUI, do the following.

1. a. Browse to C:\Program Files (x86)\Bitcoin\daemon

    b. Right click on bitcoind.exe and select create shortcut.

    c. Right click on the new shortcut and choose properties. Click in the "target" box and move the cursor to the far right. Put a space after bitcoind.exe" and type: -rpcuser=user -rpcpassword=password

2. If Bitcoin-qt is still running, close it and then use the shortcut you've just created to start bitcoind. You should once again be mining on P2Pool.

(Again, if you've changed "user" and "password" be sure to use the correct info here.)


I tried following that guide (changing bitcoin to litecoin),but with no luck Sad

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February 08, 2012, 08:17:28 PM
 #10

Quick question about spending coins mined with p2pool.  I would get about 1.5 LTC every few hours and then when I spent a large batch of them, the transaction looked like this...

http://blockexplorer.sytes.net/block/5b3e4faf1f43c192fad0c476d5ba76969c38c5124e494f6cf94c3371e65be86e

As you can see, there are several small transactions and only one big one of 28LTC.  I don't know if this is how p2pool is supposed to work, because when I sent all those coins to my main wallet, the transaction fee was obviously higher than I would like and higher than I'm sure most miners are counting on.

So the question is... is this normal?
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February 08, 2012, 08:45:25 PM
 #11

heh I remember the day Litecoin was released... I got 2300 LTC in a single day Grin
times have changed.

(BFL)^2 < 0
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March 16, 2013, 12:01:18 AM
 #12

Always nice to remind people about p2pool Smiley Not very hard to run at all and no fee's!

Mining Both Bitcoin and Litecoin.
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March 16, 2013, 12:19:17 AM
 #13

Always nice to remind people about p2pool Smiley Not very hard to run at all and no fee's!

Isn't there tons of fees when you go to transfer later though? you get tons of these smallish rewards every hour or half hour.. its adds up to many hundreds of thousands of tx's so you get nailed on fees later when you go to sell or whatev

or am I incorrect, is there a way around this?

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March 27, 2014, 08:40:59 AM
 #14

Hi there,

I have been reading, trying, mining, and I do stand for the descentralization idea, i just love it.

I finally got my p2pool on my vbox on ubuntu server connected with my litecoin wallet on my windows pc, also got my 1.5 mhs cgminer pointing to my p2pool zonym1ner.hopto.org:9327.

I had around 1 hour mining there and I noticed the following.

I had 3 accepted shares so far.

Is this normal?

Thanks Smiley

Lets beat hoping pools with p2pool Smiley

Any advices on how to "tune" p2pool to work better will highly apprecciated $.

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