How to run your own P2Pool in Ubuntu 14.04 LTS with merged mining

[murdof]

adamswork just saw your post:

1. Yes you can use multiple p2pool nodes with same bitcoin address and shares submitted will increase your payouts.

2. Each algo has its own fork and it runs on different ports. So you can have on the same box different algos on same IP as they use different ports. So it is all up to having enough memory / CPU. Note that when you start the daemons they will take up a lot of CPU but after they get in sync they don't need much. How much memory you need? Well if you are running a VM make sure you have at least 1GB free without swapping. That's my rule of thumb and never had issues.

3. There is merge mining for VTC and for LTC. There is also announcement that DOGE will be merged minable with LTC.
Haven't checked for other algos. Maybe there aren't any as there is no strict leader in those algos...

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[murdof]

Updated namecoind and huntercoind.

namecoind issues with merge coin mining are fixed.

[newbuntu]

To murdof and kyros - great work, thank you for the time and effort that you have put into this.
EDIT:
Comments and question removed due to no activity / response.

[yslyung]

learning some linux ... doing it all step by step ... many thx to OP & other contributors. installing now & see how things goes.

[PatMan]

learning some linux ... doing it all step by step ... many thx to OP & other contributors. installing now & see how things goes.

It's a great way to learn - any questions you have, just ask in the p2pool thread 

[yslyung]

learning some linux ... doing it all step by step ... many thx to OP & other contributors. installing now & see how things goes.

It's a great way to learn - any questions you have, just ask in the p2pool thread 

now got stuck here .... any suggestions ?

--2014-11-30 08:10:02--  (try: 3)  https://bitfetch.com/static/bootstrap.7z
Connecting to bitfetch.com (bitfetch.com)|176.9.50.103|:443...     

[jowo88]

stuck in this process, somebody can help me?

[yslyung]

stuck in this process, somebody can help me?

your bitcoind port is not being forwarded in router. place your questions on the p2pool thread, more active there.

fwd port 8333,9332,9333 & 7333 (if merged mining)

[jowo88]

stuck in this process, somebody can help me?

your bitcoind port is not being forwarded in router. place your questions on the p2pool thread, more active there.

fwd port 8333,9332,9333 & 7333 (if merged mining)

thank you for answer my question..

[nokati]

hi,

I am considering setup a p2pool for my own use and maybe some other friends.

What is currently the payout frequency expecting when having 10TH? is it once a 2-3 days or once a week or more often? This way at leat I know when something is wrong.

I know you cant use an exchange wallet but can you use wallet https://blockchain.info/  for p2pool?


Would this hardware setup be good enough?

http://www.asrock.com/mb/Intel/Q1900-ITX/index.nl.asp

Intel® Quad-Core Processor J1900 and 8 ram and a 32GB SSD?


thanks!

[innerchaos]

the bitcoin node will need more than 32gb i would at least add another hdd for storing the bitcoin data

[kano]

hi,

I am considering setup a p2pool for my own use and maybe some other friends.

What is currently the payout frequency expecting when having 10TH? is it once a 2-3 days or once a week or more often? This way at leat I know when something is wrong.

...

p2pool is PPLNS so it's expected payout frequency is pretty much unrelated to your mining rate unless you are a large % of p2pool - or a VERY low hash rate.

It is of course related to the total p2pool mining rate ... which is how PPLNS works.

However, if your hash rate is too low to get a share as often as a block is found, then your payout frequency will be below the p2pool block finding rate.

[edonkey]

I've got some noob questions. I'm an experienced miner, but have never set up or used p2pool, so sorry in advance for my ignorance.

If I follow this guide, won't the resulting p2pool node be largely unknown, and effectively private?

How do I go about "registering" the node so that people are aware of it and anyone can use it (including the name of the pool, terms, etc)?

I'm a little unclear about merge mining. It sounds like if merge mining is configured, that the resulting merge mining proceeds goes to the pool operator. Is that the case?

At the risk of sounding selfish, if I carve out processor resources, set up a public node, and pay for the bandwidth and power and collect no fees, I want to see if merge mining can help justify the operating costs.

[CohibAA]

I've got some noob questions. I'm an experienced miner, but have never set up or used p2pool, so sorry in advance for my ignorance.

If I follow this guide, won't the resulting p2pool node be largely unknown, and effectively private?

If you want your p2pool node to be reachable by other nodes and/or miners, you must allow inbound network connections on ports 9333 for other nodes, and 9332 for miners.

How do I go about "registering" the node so that people are aware of it and anyone can use it (including the name of the pool, terms, etc)?

I'm a little unclear about merge mining. It sounds like if merge mining is configured, that the resulting merge mining proceeds goes to the pool operator. Is that the case?

At the risk of sounding selfish, if I carve out processor resources, set up a public node, and pay for the bandwidth and power and collect no fees, I want to see if merge mining can help justify the operating costs.

If the port(s) above are open, most scanners will recognize your node automatically and list it on their sites.  Some you may need to request your IP be listed.  Merge mining is, essentially, solo mining and all block awards go directly to the node operator's coind core client wallet used when starting and running p2pool with the merge mining parameters.

[yslyung]

also please upgrade to the latest p2p version 14.0 asap

https://github.com/forrestv/p2pool

[edonkey]

It looks like the start-p2pool script basically starts all of the daemons. But what happens if one of the daemons crashes? I think that means you'd have to figure out that a daemon crashed and manually start it up again.

Maybe it makes sense to have each daemon running under a service package, like daemontools. It would be a lot more work to set up than just a script that gets called at boot time. But it would help insure that all the daemons are running.

After setting up the services, you could make a script like start-p2pool, but instead of directly starting the daemons it would start/stop the corresponding services.

If anyone is interested, I did a guide for daemontools here:

https://bitcointalk.org/index.php?topic=577018.0

Note that by default, daemontools will run services as root. You'd have to configure your services to run as your user instead.

Edit: Since it looks like the daemons return right away, you'd have to take that into account when using a service manager like daemontools. You would not want the service manager to keep restarting the daemon because it thinks it has quit.

[thepinkanator95]

To those of you who are as big a moron as me when it comes to this stuff, the exact commands on the automatic installation found here:

http://bitcoin.kyros.info/

The commands to install are as follows EXACTLY:

wget http://bitcoin.kyros.info/install-merged-mining.sh
sudo bash ./install-merged-mining.sh --compile

Or if you want to download:

wget http://bitcoin.kyros.info/install-merged-mining.sh
sudo bash ./install-merged-mining.sh --download

I realize this may be a stupid post but I typed in the above but instead of "bash" I put "sh". I kept getting a Bad Substitution error and couldn't figure out why.

I'm a moron. Don't be like me.

[p3yot33at3r]

You can also add UNO & WLC to your list of merge mined coins 

[dimke_yu]

Merged UNO would be great...

[p3yot33at3r]

Merged UNO would be great...

You can do it, just add:

Code:

--merged http://[uno_user_name]:[uno_rpc_password]@127.0.0.1:45888/

to the end of your p2pool startup syntax  

I'll try & get an updated guide posted in the next few days - time permitting.