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Topic: [1500 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool - page 692. (Read 2591920 times)

legendary
Activity: 1540
Merit: 1001
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
Um... if you expect 4 to 5 and you instead get 2 to 3, that isn't a 3 times difference.  I also think that day to day luck is too variable. Look at least at the last week's luck.
Right, but comparing p2p vs my other half on a regular pool I would have made triple what I did at p2pool. That's why I ran half of my miners in each place. To make a real comparison,not a guess. P2pools luck/variance sucked terribly or something else is very wrong. Even with merged mining it doesn't even out.

Namecoins aren't that valuable.  And the other ones are practically worthless. 

M
hero member
Activity: 682
Merit: 500
When you say that, either your calculations are incorrect, or you're wildly overstating a day of poor l***. As Emerald already stated, look over at least a week and not day by day.
hero member
Activity: 658
Merit: 500
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
Um... if you expect 4 to 5 and you instead get 2 to 3, that isn't a 3 times difference.  I also think that day to day luck is too variable. Look at least at the last week's luck.
Right, but comparing p2p vs my other half on a regular pool I would have made triple what I did at p2pool. That's why I ran half of my miners in each place. To make a real comparison,not a guess. P2pools luck/variance sucked terribly or something else is very wrong. Even with merged mining it doesn't even out.
hero member
Activity: 742
Merit: 500
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
Um... if you expect 4 to 5 and you instead get 2 to 3, that isn't a 3 times difference.  I also think that day to day luck is too variable. Look at least at the last week's luck.

Look at the last 90 days:

http://p2pool.info/

88.2%.

M
Exactly. 88% is not 33%.  Would be nice if p2pool was closer to 100% though.

You also have to reduce intensity to run your miners efficiently on p2pool, so that is another couple % of revenue lost Sad
legendary
Activity: 1540
Merit: 1001
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
Um... if you expect 4 to 5 and you instead get 2 to 3, that isn't a 3 times difference.  I also think that day to day luck is too variable. Look at least at the last week's luck.

Look at the last 90 days:

http://p2pool.info/

88.2%.

M
hero member
Activity: 742
Merit: 500
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
Um... if you expect 4 to 5 and you instead get 2 to 3, that isn't a 3 times difference.  I also think that day to day luck is too variable. Look at least at the last week's luck.
hero member
Activity: 686
Merit: 500
To bad we can't just, ya know, steal OzCoin's L word.
hero member
Activity: 658
Merit: 500
That is realistic. I've been pointing 1/2 of my power at p2pool. I get between .9 and 1.2btc per block. I was one of the top 10 miners. I should be able to get between 4 and 5 btc per day. Lately it's been about 2, 3 on a really good day.
full member
Activity: 192
Merit: 100
I left too, I can pull 3 times what I was making on p2pool almost anywhere else.

Let's keep it realistic, people, no need to spread fear Smiley We might all be worried, or not, but the difference is no bigger than 10%.
legendary
Activity: 1361
Merit: 1003
Don`t panic! Organize!
Because of PPLNS it is NEED to mine 24/7 on p2pool.
If someone is popping in and out it can get close to nothing...
P2pool is still best for me, very small miner Smiley
hero member
Activity: 658
Merit: 500
I left too, I can pull 3 times what I was making on p2pool almost anywhere else.
legendary
Activity: 1540
Merit: 1001
OK, after 1/2 years of p2pool mining I finally quit.

Simply because I don't get the reward I should get.

When I look at the luck chart it's always around 90%. And that pretty much confirms my own (long term!) observations: When using p2pool I get only about 80-90% of the reward I get compared to Slush or Deepbit.

Question: Is there any chance that p2pool will finally be able to compete with the other pools? Or is the p2pool approach simply inherently flawed?

I wasn't in p2pool more than a few weeks before I bailed.  I like the concept.  It just doesn't seem to work.  I'm not convinced it's working properly.  Yeah, we get transactions fees.  But we also get orphans, and around 90% luck on good days. 

I'm on ozcoin now.

But I'll be watching this thread and p2pool stats.  If/when it seems to be working right, I'll consider coming back.

M
legendary
Activity: 1778
Merit: 1008
probably people switching, like the above poster. not everyone's going to say anything when they do.
hero member
Activity: 697
Merit: 500
Err. Any reason why the pool has lost nearly 100 GH/s in the last day? Not a huge issue so long as we continue to find blocks and achieve roughly 90-95% PPS.
hero member
Activity: 682
Merit: 500
OK, after 1/2 years of p2pool mining I finally quit.

Simply because I don't get the reward I should get.

When I look at the luck chart it's always around 90%. And that pretty much confirms my own (long term!) observations: When using p2pool I get only about 80-90% of the reward I get compared to Slush or Deepbit.

Question: Is there any chance that p2pool will finally be able to compete with the other pools? Or is the p2pool approach simply inherently flawed?

Answer: Not if its hashrate drops by the day. Seems counter-intuitive to me... Trying to reduce variance problems by lowering the hashrate of the pool.  Huh

I'd love to switch and get more BTC, but it's the idea behind the pool that's important to me.
hero member
Activity: 737
Merit: 500
On p2pool.info, how does one find the address that associates with your wallet? It was pretty easy for me to find myself on there given how there are only 3 users at 10 GH/s but holy cow that would be a nightmare trying to figure out which address was mine if I was in the 1 GH/s range. I believe p2pool outputs the receiving address when you start it up but I don't have my p2pool client accessible at the moment. I do however have a copy of the wallet that I monitor daily, which was how I was able to track block payments to figure out which was me.

I'm assuming you're letting p2pool auto-pick an address for you instead of just telling it what address you want it to use.  If so, then when p2pool starts up, it displays the payment address it auto-picked for you.
hero member
Activity: 1162
Merit: 500
OK, after 1/2 years of p2pool mining I finally quit.

Simply because I don't get the reward I should get.

When I look at the luck chart it's always around 90%. And that pretty much confirms my own (long term!) observations: When using p2pool I get only about 80-90% of the reward I get compared to Slush or Deepbit.

Question: Is there any chance that p2pool will finally be able to compete with the other pools? Or is the p2pool approach simply inherently flawed?
hero member
Activity: 697
Merit: 500
If you using default bitcoin client from gavin, then you can click on transactions tab & select a particular transaction & double clicking it will show transaction details which show the amount received & also transaction id.
By searching http://blockexplorer.com/ on transaction id, you can see which address it got coins, from which address....

Convoluted but makes sense. Much appreciated.
legendary
Activity: 1855
Merit: 1016
If you using default bitcoin client from gavin, then you can click on transactions tab & select a particular transaction & double clicking it will show transaction details which show the amount received & also transaction id.
By searching http://blockexplorer.com/ on transaction id, you can see which address it got coins, from which address....
hero member
Activity: 697
Merit: 500
On p2pool.info, how does one find the address that associates with your wallet? It was pretty easy for me to find myself on there given how there are only 3 users at 10 GH/s but holy cow that would be a nightmare trying to figure out which address was mine if I was in the 1 GH/s range. I believe p2pool outputs the receiving address when you start it up but I don't have my p2pool client accessible at the moment. I do however have a copy of the wallet that I monitor daily, which was how I was able to track block payments to figure out which was me.
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