[1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool - page 310.

windpath

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Activity: 1258

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Quote from: mdude77 on August 15, 2014, 06:35:09 PM

Quote from: windpath on August 15, 2014, 11:34:45 AM

Quote from: contactlight on August 15, 2014, 10:55:25 AM

As the difficulty reaches 9M and touches 10M, I am switching back to Eligius.

I love the idea of P2Pool but with the difficulty increasing and me just having 1TH/s, I don't think it is very lucrative for me too keep mining on P2Pool.

At this point, P2Pool has basically become an altcoin with lower difficulty than Bitcoin that's immediately redeemable for BTC.

I know how you feel, I'm guessing your expected time to share is somewhere around 12 hours?

For me, if I was getting at least 1 share every 24 hours (and keeping ~3 in the active share chain) p2pool would still be worth it; the variance may be a bear and patience is very important, but I still believe p2pools payout will be higher over time then any other pool.

I don't see how the part in bold can be anything other than belief. How can p2pool payout more than Eligius? Unless you have your own node and get merged mine blocks, Eligius with 0 donation comes out ahead of p2pool with 0 donation.

And when you throw in variance for small miners, you are likely to lose, possibly bigtime, as difficulty continues to increase. Yes, it would even out in the end if difficulty remained the same, but it doesn't.

M

Well, it's a little more then belief, I have mined on every big pool that is publicly available, for me p2pool was the winner hands down.

Here seamaster is actually doing a side by side comparison with 6 ants on each p2pool, Eligius and BTCGuild (spoiler alert, p2pool is on top...):

https://bitcointalksearch.org/topic/benchmark-p2pool-vs-btcguild-vs-eligius-416933

Quote from: semaster on January 15, 2014, 05:47:12 AM

As I have a number of different mining hardware I decided to make some practical comparison of mining pools.

So I get two antMiners 180Gh each and pointed one of them to BTCGuild and other to p2pool node. Initial results of mining (180Gh) for period:
from 1 January till 14 January 2014: p2pool - BTC0.952269785 VS btcguild (PPS) - BTC0.77025336

Now is running continuous benchmark 6 antminers total 1080Gh on each pool:
14-31 Jan 2014: p2pool - BTC2.99025045 VS btcguild (PPLNS) - BTC5.0158
1-14 Feb 2014: p2pool - BTC3.2248 VS btcguild (PPLNS) - BTC2.7164 VS Eligius BTC2.5137
15-28 Feb 2014: p2pool - BTC2.5711 VS btcguild (PPLNS) - BTC2.4763 VS Eligius BTC2.0456
1-14 March 2014: p2pool - BTC1.1336 VS btcguild (PPLNS) - BTC1.7816 VS Eligius BTC1.7655
15-31 March 2014: p2pool - BTC2.0796 VS btcguild (PPLNS) - BTC1.7523 VS Eligius BTC1.7838
1-14 April 2014: p2pool - BTC1.0615 VS btcguild (PPLNS) - BTC1.1026 VS Eligius BTC1.2293
15-30 April 2014: p2pool - BTC1.2836 VS btcguild (PPLNS) - BTC1.2097 VS Eligius BTC1.2339
1-14 May 2014: p2pool - BTC0.7297 VS btcguild (PPLNS) - BTC0.7750 VS Eligius BTC1.0017
15-31 May 2014: p2pool - BTC0.9148 VS btcguild (PPLNS) - BTC0.7351 VS Eligius BTC0.7290
1-14 June 2014: p2pool - BTC0.4106 VS btcguild (PPLNS) - BTC0.5750 VS Eligius BTC0.5481
15-30 June 2014: p2pool - BTC0.9081 VS btcguild (PPLNS) - BTC0.6732 VS Eligius BTC0.5135
1-14 July 2014: p2pool - BTC0.6109 VS btcguild (PPLNS) - BTC0.3858 VS Eligius BTC0.4402

Total from 1 Feb 2014: p2pool - BTC14.9283 VS btcguild (PPLNS) - BTC14.183 VS Eligius BTC13.8043

Benchmark is goin on:
1080GH = 6 x AntMiners pointed to p2pool node
1080GH = 6 x antMiners to Eligius.st
1080GH = 6 x antMiners to btcguild

While I cant verify his numbers, I see no reason to not take them at face value...

mdude77

legendary

Activity: 1540

Merit: 1001

Quote from: windpath on August 15, 2014, 11:34:45 AM

Quote from: contactlight on August 15, 2014, 10:55:25 AM

As the difficulty reaches 9M and touches 10M, I am switching back to Eligius.

I love the idea of P2Pool but with the difficulty increasing and me just having 1TH/s, I don't think it is very lucrative for me too keep mining on P2Pool.

At this point, P2Pool has basically become an altcoin with lower difficulty than Bitcoin that's immediately redeemable for BTC.

I know how you feel, I'm guessing your expected time to share is somewhere around 12 hours?

For me, if I was getting at least 1 share every 24 hours (and keeping ~3 in the active share chain) p2pool would still be worth it; the variance may be a bear and patience is very important, but I still believe p2pools payout will be higher over time then any other pool.

I don't see how the part in bold can be anything other than belief. How can p2pool payout more than Eligius? Unless you have your own node and get merged mine blocks, Eligius with 0 donation comes out ahead of p2pool with 0 donation.

And when you throw in variance for small miners, you are likely to lose, possibly bigtime, as difficulty continues to increase. Yes, it would even out in the end if difficulty remained the same, but it doesn't.

M

wlz2011

member

Activity: 71

Merit: 10

Quote from: yan7181 on August 15, 2014, 09:21:34 AM

hi wlz2011, care to share what is the secret behind? Cry

Patience + love p2pool Wink

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Quote from: windpath on August 15, 2014, 11:56:32 AM

Quote from: ?? on ??

47 days?! For a share? On a 9GH node?

One of my nodes is less than 2GH - expected time to share is 5.5 hours...........

I think your probably mixing up GH/s and TH/s Wink

At 2 TH/s you would be around 5 hours...

Ain't I the fool - I take it all back Cheesy

Must. Learn. To. Read.

Not used to seeing a node in Gh anymore........ Cheesy

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: ?? on ??

47 days?! For a share? On a 9GH node?

One of my nodes is less than 2GH - expected time to share is 5.5 hours...........

For Bitcoin? The math doesn't work out that way. Expected time to share is the formula I posted. If you've got a Bitcoin p2pool node with only 2GH/s showing expected share time of 5.5 hours, something's wrong. 2GH/s expected time to share:

Code:

8076919.15 * 2^32 / 2000000000 / 86400 = 200.753 days

You should see a share every 200.753 days, not 5.5 hours. I've got near 4TH/s mining on p2pool, and my expected time to share is about 2.5 hours. No way should your 2GH/s be anywhere near that.

EDIT: Of course, you could be mixing up your "G" and your "T"

. He's got 9 Gigahash per second. I presume you meant you have 2 Terrahash per second, in which case your expected time to share is 4.82 hours.

windpath

legendary

Activity: 1258

Merit: 1027

Quote from: ?? on ??

47 days?! For a share? On a 9GH node?

One of my nodes is less than 2GH - expected time to share is 5.5 hours...........

I think your probably mixing up GH/s and TH/s Wink

At 2 TH/s you would be around 5 hours...

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: ?? on ??

Quote from: wlz2011 on August 14, 2014, 11:37:11 PM

No share?

Look here

http://188.40.74.85:9332/static/graphs.html?Day

lol Grin

It must be remembered that he . Cheesy

I believe there is something wrong with that node - according to the info bar on the left of the main page, the expected time to find a share is 49.4 days!!

If this is correct for a node that has 9GH/s, it's a seriously sick node - drop it immediately.

Nothing's wrong... the expected time to share for 9.01GH/s right now is:

Code:

Difficulty * 2^32 / hash rate / 86400
8538174.25 * 2^32 / 9010000000 / 86400 = 47.107 days

47.107 days.

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: EErik on August 15, 2014, 11:21:47 AM

Quote from: contactlight on August 15, 2014, 09:13:08 AM

He has 1.5GH/s, take a look at the graph again.

i've look at the graph in this moment, but he has the same reward...

Quote from: PatMan on August 15, 2014, 09:13:21 AM

Patience is required with p2pool - I am using less hashrate than you on a couple of different nodes, sometimes I can go without a share for 12 hours or more - then 2 or 3 shares will appear within 5 minutes of each other. Hash rate & diff is going up on every pool - this is the way of things.

Just sit tight - it'll come Wink

Yes but patience apart, I have mined for about 2 weeks and in the last 4-5 days my reward decrease and go to 0.

On http://p2pool.info/ the active user speed is over 1900th/s

He has the same payout because he hasn't found another share, and his share is still on the chain. If he doesn't find another share before that one falls off the chain, his payout will go to zero. With the increasing difficulty, you're going to find fewer shares. The theory is that the pool will find more blocks, meaning the fewer shares you find will be paid more often.

Quote from: PatMan on August 15, 2014, 11:29:35 AM

Quote from: jonnybravo0311 on August 15, 2014, 10:41:16 AM

Quote from: PatMan on August 15, 2014, 09:13:21 AM

Can confirm that using --queue 0 on my S3's results in less DOA also

(also running a local node)

That's interesting data. I'm actually using the default values of 4096 on my local node and get 1-2% DOA. I never really noticed much difference when I set the queue values to 0 or 1 or left it alone at stock.

I believe that using --queue 0 puts more load on the asic cpu, but I'm not sure tbh - it might be the other way round - maybe ck can chime in here. Using a queue setting of zero has generally been regarded as the way to go with p2pool since the early days, although obviously the tech has changed since mining with 5 series GPU's Cheesy

Works good for me though..... Wink

If it works for you, then have at it. Personally, I saw no difference with the different queue settings. To be honest, I have no idea why Bitmain sets the queue value so high, and to understand it would require having their driver code. Bitmain uses an older version of cgminer that they have customized, so expectations of queue settings based upon the latest version of the software may not apply to Bitmain's fork.

windpath

legendary

Activity: 1258

Merit: 1027

Quote from: contactlight on August 15, 2014, 10:55:25 AM

As the difficulty reaches 9M and touches 10M, I am switching back to Eligius.

I love the idea of P2Pool but with the difficulty increasing and me just having 1TH/s, I don't think it is very lucrative for me too keep mining on P2Pool.

At this point, P2Pool has basically become an altcoin with lower difficulty than Bitcoin that's immediately redeemable for BTC.

I know how you feel, I'm guessing your expected time to share is somewhere around 12 hours?

For me, if I was getting at least 1 share every 24 hours (and keeping ~3 in the active share chain) p2pool would still be worth it; the variance may be a bear and patience is very important, but I still believe p2pools payout will be higher over time then any other pool.

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Quote from: jonnybravo0311 on August 15, 2014, 10:41:16 AM

Quote from: PatMan on August 15, 2014, 09:13:21 AM

Can confirm that using --queue 0 on my S3's results in less DOA also

(also running a local node)

That's interesting data. I'm actually using the default values of 4096 on my local node and get 1-2% DOA. I never really noticed much difference when I set the queue values to 0 or 1 or left it alone at stock.

I believe that using --queue 0 puts more load on the asic cpu, but I'm not sure tbh - it might be the other way round - maybe ck can chime in here. Using a queue setting of zero has generally been regarded as the way to go with p2pool since the early days, although obviously the tech has changed since mining with 5 series GPU's Cheesy

Works good for me though..... Wink

EErik

newbie

Activity: 26

Merit: 0

Quote from: contactlight on August 15, 2014, 09:13:08 AM

He has 1.5GH/s, take a look at the graph again.

i've look at the graph in this moment, but he has the same reward...

Quote from: PatMan on August 15, 2014, 09:13:21 AM

Patience is required with p2pool - I am using less hashrate than you on a couple of different nodes, sometimes I can go without a share for 12 hours or more - then 2 or 3 shares will appear within 5 minutes of each other. Hash rate & diff is going up on every pool - this is the way of things.

Just sit tight - it'll come Wink

http://s7.postimg.org/9xrj72cxj/Schermata_da_2014_08_15_16_21_40.jpg

Yes but patience apart, I have mined for about 2 weeks and in the last 4-5 days my reward decrease and go to 0.

On http://p2pool.info/ the lowest active user speed is over 1900th/s

contactlight

full member

Activity: 168

Merit: 100

As the difficulty reaches 9M and touches 10M, I am switching back to Eligius.

I love the idea of P2Pool but with the difficulty increasing and me just having 1TH/s, I don't think it is very lucrative for me too keep mining on P2Pool.

At this point, P2Pool has basically become an altcoin with lower difficulty than Bitcoin that's immediately redeemable for BTC.

jonnybravo0311

legendary

Activity: 1344

Merit: 1024

Mine at Jonny's Pool

Quote from: PatMan on August 15, 2014, 09:13:21 AM

Patience is required with p2pool - I am using less hashrate than you on a couple of different nodes, sometimes I can go without a share for 12 hours or more - then 2 or 3 shares will appear within 5 minutes of each other. Hash rate & diff is going up on every pool - this is the way of things.

Just sit tight - it'll come Wink

Difficulty going up... boy is that the truth. I'm looking at 9.7M right now... any bets on when it crosses 10M?

Quote from: PatMan on August 15, 2014, 10:34:33 AM

Quote from: IYFTech on August 14, 2014, 05:53:15 PM

Quote from: mdude77 on August 14, 2014, 05:13:44 PM

How about the fact that the cgminer dev said should use at least 1 not zero?

M

Yeah, ck said he recommended a setting of 1 - that's why I used it to start with, but as you can see, setting it to 0 works better for my setup Wink

Can confirm that using --queue 0 on my S3's results in less DOA also

(also running a local node)

That's interesting data. I'm actually using the default values of 4096 on my local node and get 1-2% DOA. I never really noticed much difference when I set the queue values to 0 or 1 or left it alone at stock.

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Quote from: IYFTech on August 14, 2014, 05:53:15 PM

Quote from: mdude77 on August 14, 2014, 05:13:44 PM

How about the fact that the cgminer dev said should use at least 1 not zero?

M

Yeah, ck said he recommended a setting of 1 - that's why I used it to start with, but as you can see, setting it to 0 works better for my setup Wink

Can confirm that using --queue 0 on my S3's results in less DOA also

(also running a local node)

yan7181

full member

Activity: 172

Merit: 100

hi wlz2011, care to share what is the secret behind? Cry

PatMan

hero member

Activity: 924

Merit: 1000

Watch out for the "Neg-Rep-Dogie-Police".....

Patience is required with p2pool - I am using less hashrate than you on a couple of different nodes, sometimes I can go without a share for 12 hours or more - then 2 or 3 shares will appear within 5 minutes of each other. Hash rate & diff is going up on every pool - this is the way of things.

Just sit tight - it'll come Wink

contactlight

full member

Activity: 168

Merit: 100

Quote from: EErik on August 15, 2014, 04:14:15 AM

Quote from: wlz2011 on August 14, 2014, 11:37:11 PM

No share?

Look here

http://188.40.74.85:9332/static/graphs.html?Day

lol Grin

It must be remembered that he . Cheesy

I'm sorry but I honestly do not understand ... how p2p can be the most profittabile when reward fluctuate under 10 mBtc for 1.5 Th / s? in Eligius pool I take 0.036 btc / day

I understand the variance of the reward, but for what I have seen of me and many others who have under 2th / s of hashing power is very inconvenient and this is making the p2p pool for a few miners only.

E

He has 1.5GH/s, take a look at the graph again.

EErik

newbie

Activity: 26

Merit: 0

Quote from: wlz2011 on August 14, 2014, 11:37:11 PM

No share?

Look here

http://188.40.74.85:9332/static/graphs.html?Day

lol Grin

It must be remembered that he . Cheesy

http://i58.tinypic.com/b81oiq.jpg

I'm sorry but I honestly do not understand ... how p2p can be the most profittabile when reward fluctuate under 10 mBtc for 1.5 Th / s? in Eligius pool I take 0.036 btc / day

I understand the variance of the reward, but for what I have seen of me and many others who have under 2th / s of hashing power is very inconvenient and this is making the p2p pool for a few miners only.

E

wlz2011

member

Activity: 71

Merit: 10

No share?

Look here

http://188.40.74.85:9332/static/graphs.html?Day

lol Grin

It must be remembered that he . Cheesy

IYFTech

hero member

Activity: 686

Merit: 500

WANTED: Active dev to fix & re-write p2pool in C

Quote from: windpath on August 14, 2014, 05:15:54 PM

Quote

Generally Bitcoin with some merged alt coins. However the difference between his 13.4 release and the latest head is nearly 8 months of ~~development~~ inactivity.

Damn right!!

Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool - page 310. (Read 2591971 times)