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Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool - page 103. (Read 2591920 times)

legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
Code:
"errors": "This is a pre-release test build - use at your own risk - do not use for mining or merchant applications, blah, blah......"

The end of that error message is too funny!

why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing
P2pool is not only a good thing, it's a great thing, it's really what Bitcoin is all about.  I think the main reason more people don't use it is because it's not as user friendly as simply pointing your miners to kano.is, for example.  There are lots of extra steps to take, and granted many bitcoiners know more about the ins and outs of computing than the general public, a lot of what p2pool needs to get up and running is beyond the grasp of even your average bitcoiner.

exactly
sad thing is that the future of p2pool depends on other pool operators if they decide to keep it alive or not because fellow miner does not have such power, what an irony?
in origional bitcoin was solo mining the only way to mine and also it was designed to be fair, but with growing difficulty solo mining is no more way to mine and absolutely not fair way, fair way, decentralised mining done thru p2pool was destroyed by its own sofisticated design and greed of node operators (a little less fellow miners than fellow miners)
if p2pool mining mechanism was implemented in core it would still allow fellow miner to grab some coins but the condition to own server and linux ability to tune pypy and compile git bitcoind and and and and ... are not the way interesting enough counter easy pooled mining
You guys are rehashing the same argument that's been going on here for years.  P2Pool is, unfortunately, its own worst enemy.  Its fatal flaw is that the more people that join, the more variance they suffer.  It is precisely the opposite of what happens on centralized pools.

Some people have take steps to mitigate that - see OgNasty's and Nonnakip's NastyPoP method.  Unfortunately no good, true solution to the problem has been found.

Finally, let's face it: people are not really that interested in running a pool (or node in this case).  Maybe they don't have a computer that is on 24 hours a day.  Maybe they have limited bandwidth.  Maybe they just don't have the technical knowledge and have no desire to learn it.
full member
Activity: 238
Merit: 100
a shame so little hash power on p2pool

Indeed - & my server just suffered a catastrophic failure & went down. I'm not sure if it's the mobo or SSD yet, looks like my Sunday will be spent knee-deep in parts while I search for the problem.

Great!  Cheesy

Been back online after replacing a fried mobo for a couple of days now  Smiley

I decided to pull the latest Bitcoin version from git instead of using the v11.2 - what a difference! My Bitcoind GetBlockTemplate Latency has dropped dramatically from ~1-2.5 secs back down to a steady 0.25 secs using the same conf file as v11.2. Whatever they fixed - it works a treat  Smiley

Highly recommend the latest version from git to eveyone.

Code:
{
  "version": 129900,
  "protocolversion": 70012,
  "blocks": 395494,
  "timeoffset": 2,
  "connections": 14,
  "proxy": "",
  "difficulty": 120033340651.237,
  "testnet": false,
  "paytxfee": 0.00000000,
  "relayfee": 0.00001000,
  "errors": "This is a pre-release test build - use at your own risk - do not use for mining or merchant applications, blah, blah......"
}

agree
the same here
full member
Activity: 238
Merit: 100
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing
P2pool is not only a good thing, it's a great thing, it's really what Bitcoin is all about.  I think the main reason more people don't use it is because it's not as user friendly as simply pointing your miners to kano.is, for example.  There are lots of extra steps to take, and granted many bitcoiners know more about the ins and outs of computing than the general public, a lot of what p2pool needs to get up and running is beyond the grasp of even your average bitcoiner.

exactly
sad thing is that the future of p2pool depends on other pool operators if they decide to keep it alive or not because fellow miner does not have such power, what an irony?
in origional bitcoin was solo mining the only way to mine and also it was designed to be fair, but with growing difficulty solo mining is no more way to mine and absolutely not fair way, fair way, decentralised mining done thru p2pool was destroyed by its own sofisticated design and greed of node operators (a little less fellow miners than fellow miners)
if p2pool mining mechanism was implemented in core it would still allow fellow miner to grab some coins but the condition to own server and linux ability to tune pypy and compile git bitcoind and and and and ... are not the way interesting enough counter easy pooled mining
legendary
Activity: 1274
Merit: 1000
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing
P2pool is not only a good thing, it's a great thing, it's really what Bitcoin is all about.  I think the main reason more people don't use it is because it's not as user friendly as simply pointing your miners to kano.is, for example.  There are lots of extra steps to take, and granted many bitcoiners know more about the ins and outs of computing than the general public, a lot of what p2pool needs to get up and running is beyond the grasp of even your average bitcoiner.
sr. member
Activity: 266
Merit: 250
a shame so little hash power on p2pool

Indeed - & my server just suffered a catastrophic failure & went down. I'm not sure if it's the mobo or SSD yet, looks like my Sunday will be spent knee-deep in parts while I search for the problem.

Great!  Cheesy

Been back online after replacing a fried mobo for a couple of days now  Smiley

I decided to pull the latest Bitcoin version from git instead of using the v11.2 - what a difference! My Bitcoind GetBlockTemplate Latency has dropped dramatically from ~1-2.5 secs back down to a steady 0.25 secs using the same conf file as v11.2. Whatever they fixed - it works a treat  Smiley

Highly recommend the latest version from git to eveyone.

Code:
{
  "version": 129900,
  "protocolversion": 70012,
  "blocks": 395494,
  "timeoffset": 2,
  "connections": 14,
  "proxy": "",
  "difficulty": 120033340651.237,
  "testnet": false,
  "paytxfee": 0.00000000,
  "relayfee": 0.00001000,
  "errors": "This is a pre-release test build - use at your own risk - do not use for mining or merchant applications, blah, blah......"
}
full member
Activity: 238
Merit: 100
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing

if p2pool was good thing, miners would not let it die but used it

P2pool it's not die, p2pool it's good but the miners must be informed

why is p2pool a bad thing ?

it is not question for its users but for them who are NOT using it
newbie
Activity: 56
Merit: 0
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing

if p2pool was good thing, miners would not let it die but used it

P2pool it's not die, p2pool it's good but the miners must be informed

why is p2pool a bad thing ?
full member
Activity: 238
Merit: 100
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing

if p2pool was good thing, miners would not let it die but used it

P2pool it's not die, p2pool it's good but the miners must be informed

punk is not death!
legendary
Activity: 1257
Merit: 1004
pool.sexy
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing

if p2pool was good thing, miners would not let it die but used it

P2pool it's not die, p2pool it's good but the miners must be informed
full member
Activity: 238
Merit: 100
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing

if p2pool was good thing, miners would not let it die but used it
newbie
Activity: 56
Merit: 0
why do we have so low hashrate on p2pool , dont get it why most dont want to mine whit it ? . p2pool is a good thing
full member
Activity: 238
Merit: 100
if there was bitcoin fork with p2pool mining system implemented, would any little miner think about to mine with pools?
sr. member
Activity: 266
Merit: 250
I was looking for that post but couldn't remember where I had read it - thanks -ck!  Smiley
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
Further into the antpool thread was also this:

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.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
You aren't missing a thing... and that's exactly what I called them on when I first looked at their code in the github repo.  They quickly gave up the whole p2pool development thing they were doing, and haven't touched it in over a year.  They didn't know what they were doing then, and haven't bothered to try and understand it since; however, they'll still gladly claim they're supporting p2pool and decentralization.
legendary
Activity: 1258
Merit: 1027
...

HOWEVER, looking at what they *did* put up on github some of their work appears to have merit....

I'm not sure I see it?

- They broke pseudonymous mining by adding a username and password
- They added a centralized DB to track this info
- They broke decentralization, you would have to "register" on every node running this code
- They broke it's DoS resistance as you would have to register on every node you might failover to
- They broke trustless payouts, you have to trust them to fairly distribute your payout

Starting to sound a lot like a centralized pool Wink

Maybe I'm missing something??
member
Activity: 193
Merit: 10
Have a read of the thread from the beginning, particularly this post:

https://bitcointalksearch.org/topic/m.9519703

I read through it a couple of times when I was looking for the best pool option for me before opting for p2pool (the real one), it really put me off Bitmain tbh - especially the posts from that dogie guy who worked for Bitmain at the time, he didn't have a clue about the workings of p2pool, neither did anyone else at Bitmain as it turned out. It was just an attempt by Bitmain to jump on the decentralisation bandwagon, when in fact the complete opposite was true.

Thanks for the pointer, it was an interesting read...... I do agree that antpool.com is/was as you say an attempt to gain off the back of p2pool.

HOWEVER, looking at what they *did* put up on github some of their work appears to have merit....
sr. member
Activity: 266
Merit: 250
It was just an attempt by Bitmain to jump on the decentralisation bandwagon, when in fact the complete opposite was true.

It ended up being pure marketing hype that Bitmain ended up milking long after they had been called out on it...

The worst thing is they continue to lie about it in their OP - I've posted requests for moderators to force them to change their OP on several occasions, but they've been ignored. Why, I just don't know.
legendary
Activity: 1258
Merit: 1027
It was just an attempt by Bitmain to jump on the decentralisation bandwagon, when in fact the complete opposite was true.

It ended up being pure marketing hype that Bitmain ended up milking long after they had been called out on it...
sr. member
Activity: 266
Merit: 250
It isn't.
It has never worked.
It's not & never was part of the p2pool framework or sharechain.
It was an attempt to hijack p2pool that failed.
It is a lie.

Having just read through the code checked in to github; I'm not so sure.... I probably missed it but the changes all seem to be 'above board' in that they:

* Added database logging of shares
* Added user authentication

And not a lot else.... is it possible they crippled their nodes by simply denying them access to other nodes outside of their own domain; either by purposely configuring firewalls to do so or simply not configuring their firewalls correctly ?

Has anyone tried connecting to their p2pool server using the -n option ?

Have a read of the thread from the beginning, particularly this post:

https://bitcointalksearch.org/topic/m.9519703

I read through it a couple of times when I was looking for the best pool option for me before opting for p2pool (the real one), it really put me off Bitmain tbh - especially the posts from that dogie guy who worked for Bitmain at the time, he didn't have a clue about the workings of p2pool, neither did anyone else at Bitmain as it turned out. It was just an attempt by Bitmain to jump on the decentralisation bandwagon, when in fact the complete opposite was true.
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