BITMAIN announces Antpool

[tmpwhore]

Sure may try that out but since BTCGuild and nicehash has been so crappy lately I'm going to try a couple of new pools one at a time. Just wanted to know what the difference was connecting just normally:

Ie. stratum+tcp://stratum.antpool.com:3333

than solo.antpool.com:3333?

I see no real difference and there is no explanation in the help on their site. Just started mining on Antpool with my Sp20 and 3 overclocked S3+'s. Oh well I guess I can connect both ways for a few days and see what happens but if someone knows that would be great.

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[hurricandave]

Sure may try that out but since BTCGuild and nicehash has been so crappy lately I'm going to try a couple of new pools one at a time. Just wanted to know what the difference was connecting just normally:

Ie. stratum+tcp://stratum.antpool.com:3333

than solo.antpool.com:3333?

I see no real difference and there is no explanation in the help on their site. Just started mining on Antpool with my Sp20 and 3 overclocked S3+'s. Oh well I guess I can connect both ways for a few days and see what happens but if someone knows that would be great.

There is no difference between these two- "stratum.antpool & solo.antpool". They are both directed too the same pool. The use of the word "solo" is not the correct translation. They were trying to differentiate the Standard stratum PPLNS pool from their P2P pool/node, which to this day is an unfinished/broken project with the "P2P.antpool....." name/address.

[tmpwhore]

k good, same mining just a different URL.

Is p2pool better?, not using the broken antminer one, any p2p pool node?

found this:


http://www.reddit.com/r/dogemining/comments/1uncvb/the_benefits_of_mining_using_p2pool_better

Does this mean I will get slightly higher payouts but at a longer period?

[PatMan]

k good, same mining just a different URL.

Is p2pool better?, not using the broken antminer one, any p2p pool node?

Use http://nodes.p2pool.co/ to find the best node for you. Even better, create your own node  

[tmpwhore]

Another question. How is the p2p broken exactly on Antpool? Since everyone can create a p2p pool node, how can they fuck it up? Just get the latest node software and plug it into their front end on their site. Seems pretty straight forward to me. The only thing I could see is that they are raping the p2pool network by having everyone and their mom on a single node, which is possibly what they are doing. Does that make sense? Don't get me wrong, as a straight no frills mining pool on the "solo mode"(retarded name) it's pretty good, but if they are just raping the p2pool network with one bitmain node I can see it causing problems...

[jonnybravo0311]

Another question. How is the p2p broken exactly on Antpool? Since everyone can create a p2p pool node, how can they fuck it up? Just get the latest node software and plug it into their front end on their site. Seems pretty straight forward to me. The only thing I could see is that they are raping the p2pool network by having everyone and there mom on a single node, which is possibly what they are doing. Does that make sense?

It's broken because it's not mining on the p2pool network.  There is no decentralization.  You are mining on a very centralized pool.  Bitmain's open-sourced p2pool code was released in early November of last year and hasn't been touched since.  It's just a bastardized version of the original code, adding in some dependencies on a MySQL database to track workers and shares, etc.  Bitmain refuses to acknowledge this little lie of omission.  Evidence is in the thread title itself.  Believe me, if there was a large influx of hashing power on the p2pool network more than a few of us would have noticed.  It hasn't happened because Bitmain hasn't done anything to make it happen.

[tmpwhore]

So what you are saying is there is no actual p2pool node being made on the network. Then how the hell are people being paid? Is bitmain "pretending" there is an imaginary p2pool node that they have and are really dumping the excess hash into the normal pool? You wouldn't think it would be that hard for them to make a node. Hell there is a windows binary out there for a mining node. Better yet create a few nodes and load balance the hashrates between them so that it doesn't own the entire network. You can make it work with any front end you like, ie their webpage. Did they give up? Why not just sober up for a weekend and make it happen. Even have it on a different website as an "open beta" just to see if it works, can't be that hard.

[jonnybravo0311]

What I'm saying is that there is no actual mining on the p2pool network by p2p.antpool.  They are claiming to be decentralized and they are claiming to be pushing forward p2pool.  What they are doing in reality is controlling the second largest centralized pool of miners behind discus fish.

[tmpwhore]

Strange why bother? Were there people outside the bitmain offices with torches and pitchforks? Did they feel the need to placate the masses? I understand all about the 51% problem but they are no where near 51%, why not just market it for what it is, a big pool with 0% fees as a courtesy for all the bitmain customers. Why did they feel the NEED to lie? And when the p2pool didn't work for them they could have spinned it as "we didn't want to disrupt the p2pool network with insane amounts of hash."(true) They would have come out of it as the good guys, or at least competent enough not to destroy the decentralized mining of p2pool. It just doesn't make any sense. A big pool is the antithesis of decentralization, why bother dabbling into something you have no hope to achieve?

[hurricandave]

It is/was a well intended idea that bogged down on the unforeseen hurdles till it got all Spun-Out.

[windpath]

Strange why bother? Were there people outside the bitmain offices with torches and pitchforks? Did they feel the need to placate the masses? I understand all about the 51% problem but they are no where near 51%, why not just market it for what it is, a big pool with 0% fees as a courtesy for all the bitmain customers. Why did they feel the NEED to lie? And when the p2pool didn't work for them they could have spinned it as "we didn't want to disrupt the p2pool network with insane amounts of hash."(true) They would have come out of it as the good guys, or at least competent enough not to destroy the decentralized mining of p2pool. It just doesn't make any sense. A big pool is the antithesis of decentralization, why bother dabbling into something you have no hope to achieve?

It's because they are capitalizing on P2Pools good image and decentralized nature to promote and market their own centralized mining pool without contributing anything to P2Pool.

It's at best dishonest, at worst fraudulent.

[tmpwhore]

Weird. They might as well have called it "supermagicalprotocol.bitmain.com:3333" pool for all the good it's done.

[IYFTech]

Weird. They might as well have called it "supermagicalprotocol.bitmain.com:3333" pool for all the good it's done.

Exactly. P2poolers had high hopes when they promised to invest in p2pool - but instead they have turned the whole p2pool community against them by butchering the code for their own profiteering greed (they also keep all Tx fees for themselves), whilst continuing to claim credit for "decentralization" - which they are absolutely not doing, quite the opposite.

[bonds]

Weird. They might as well have called it "supermagicalprotocol.bitmain.com:3333" pool for all the good it's done.

If you don't mind/are able to run Bitcoin Core, setting up your own P2Pool node is super easy.  And if you're at all techy, it's actually pretty fun to run one.  Once you get a few shares, the fun factor really gets bumped up.

[mdude77]

It is/was a well intended idea that bogged down on the unforeseen hurdles till it got all Spun-Out.

They are being quiet about it.  This was either their intention all along, or it didn't work as they planned.  Either way, it's not p2pool, and not decentralized, and Bitmain is doing a dis-service to themselves by continuing to advertise it as such.

M

[hurricandave]

It is/was a well intended idea that bogged down on the unforeseen hurdles till it got all Spun-Out.

They are being quiet about it.  This was either their intention all along, or it didn't work as they planned.  Either way, it's not p2pool, and not decentralized, and Bitmain is doing a dis-service to themselves by continuing to advertise it as such.

M

I agree in that it most likely didn't work as they planned. My further suspicion, in retrospect of how they've handled all projects, would be that a beancounter does a bunch of fancy geodessi-criss-cross multiplication and decides that a proposed project should take X# of man hours to complete with Y# of workers and allows for Z# revision hours. After that, the project is DONE;  Regardless Even!!!
 Off to the next assignment.
 Anybody want to roll the dice and guess how badly they will leave MinerLink HOBBLED before moving on too S7 Development?

[-ck]

I agree in that it most likely didn't work as they planned.

You are right on the money with that.

I have finally had a skype text chat with the main Chinese Bitmain software engineers and unfortunately it's precisely as I predicted. In principle they wanted to help decentralise and saw p2pool as the obvious way to get involved and would be good publicity for them. Unfortunately they spent a lot of time fixing their regular pool first and just left this announcement up almost as a "preorder for a better p2pool". However they misunderstood the issues with p2pool and thought that all it needed was more coding expertise and manpower contributed to development to fix it and have only just started investigating it now.  While they can clearly improve on the existing code - and probably will unless the project gets canned - after I queried them about what solutions they had for the intrinsic p2pool protocol limitations/problems, they had precisely zero valid solutions for them.

[bitwitt]

I agree in that it most likely didn't work as they planned.

You are right on the money with that.

I have finally had a skype text chat with the main Chinese Bitmain software engineers and unfortunately it's precisely as I predicted. In principle they wanted to help decentralise and saw p2pool as the obvious way to get involved and would be good publicity for them. Unfortunately they spent a lot of time fixing their regular pool first and just left this announcement up almost as a "preorder for a better p2pool". However they misunderstood the issues with p2pool and thought that all it needed was more coding expertise and manpower contributed to development to fix it and have only just started investigating it now.  While they can clearly improve on the existing code - and probably will unless the project gets canned - after I queried them about what solutions they had for the intrinsic p2pool protocol limitations/problems, they had precisely zero valid solutions for them.

I see the Chinese as the greatest threat to Bitcoin. They have cheap power, cheap hardware and because of decentralization they can take advantage of the markets around the world. They have smashed the home miner. They took advantaged of the home miner on hardware to build mines. Home miners have built most of the  Chinese mega mines. I have a hard time buying a miner from bitmain now because I know they will just use the profit to build a bigger mine.

If the Chinese had to  trade  with  each other Bitcoin would be 1.10 usd   

[dirtbikerr450]

The coins antpool sent me were double spent. https://blockchain.info/tx/f014ce2630f35786bd6af7c87366f565a48ba9f7c4a8a7353e17ef571c652530


My btc address 1GUm7vcZN4i468Qsbd6b7jZHWouyP7TR8A

[P4rkeR]

Me too 
As all adress payout from AntPool.