Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool - page 211. (Read 2591920 times)

Correction, 8 days and on going.

You are right. But i rather get paid something then nothing for 5 day or more in a row.

i want a banana, a block, and a hug.

No bananas for them !

You know how they say that if you get enough monkeys and give them all keyboards they'll eventually reproduce the complete works of William Shakespeare?  Well, I thought I'd put that to the test...

So I imported a bunch of monkeys.  Had to pay off a few customs guys to look the other way.  Gave them all keyboards and let them have at it.  While they didn't produce any Shakespeare, they did manage to come up with a valid solution for the block.  Unfortunately for me, they want to keep it to themselves and every time I try to get it I'm bombarded with flying poo.  Ungrateful little simians...

And poorer.

M

This is a test, the weak shall fall & the strong will become stronger for it.......

As I've said before ...

I like the idea of p2pool.  But it has fatal flaws.

Anyone who's okay with 1+ week blocks is welcome here.  For everyone else, which is the majority of miners who are barely scraping by, I can't see it happening. 

I can't afford to go weeks on end without a block... I left a number of days ago.

M

M, what happened dude, you were a beacon of hope in this community when I joined it, it seems as if you have soured as of late

These kind of posts remind me of http://bitcoinobituaries.com/

As long as there are 2 P2Pool nodes with some hashrate P2Pool will not die.

Currently there are 347 miners mining on at least 86 nodes.

Yes, we have lost (for the time being) 2 major miners, but I would prefer to see this as an opportunity and not "the end".

What does the lower hashrate mean?

It's a great opportunity for smaller miners to come back to P2Pool.

It's a great opportunity for larger miners to jump in a get a bigger share of the block reward.

For me, the principles P2Pool represents are too important to allow to die.

P2Pool is still the only decentralized, trust-less mining pool.

It has no single point of failure.

It has no centralized authority.

It requires no registration.

It pays directly from the generation transaction.

P2Pool, in my opinion, is still the best thing in mining since slush developed the pooled mining concept.

I can't speak for the other 346 miners who have stuck around during the worst streak of luck I've seen in the pool, but the reasons above will keep me mining on P2Pool.

The only thing that is certain about luck is that it will change. P2Pool has historically paid out better then any other pool, and I'm confident that it will continue to, although currently at a higher variance.

Ultra Vires.

5 more days and difficulty changes.  Odds are it'll be increasing.  If p2pool hasn't found a block by then, a whole difficulty increase will be missed. 

That will surely put a dent in your earnings.

M

you really believe that joining a big pool earns you more coins? ah well... all "hope" lost. you will never understand it...

if your looking for stability wrt payout, you will always earn less than you could

if this is all You wanted to say You would do better to be silent

Pear shape looser. that what all you are.. Im making money at the other sites, wile you guys wait for block.. By the way guys have you notice that the pool is under 1phs... lmao

It wasn't that long ago that someone stated here something to the equivalent that most miners won't tolerate a week long block on p2pool.

I do think this is the beginning of the end of p2pool.

M

The way I understand it, yes as it all depends on how many shares you find and replace as the older shares fall off. If you find more shares it can go up as well.

The problem right now is as the pool goes longer without a block, miners are moving off which lowers the hash rate which is just going to make it harder to find a block...

Seen this happen on other pools

is it normal for predicted payout to cut its self in half for seemingly no reason?

p2pool just dropped below 1PH 

are you sure she didn't say you would pay my address 1 btc? she does have a thick accent.

I called a psychic...she sees a block in my future.
Then she said, pay-up 1 BTC.