Topic: BITMAIN announces Antpool - page 94. (Read 383063 times)

Why do you keep saying "forked code"... unless you consider BTCGuild, Ghash and all the other major pools 'forked'.

Use clear and precise English
Until more pools, based on the incompatible forked code that is only running at Bitmain, come up, then, the Bitmain pool will be a standard centralised pool like any other.
The hashing power is (almost?) all on the incompatible forked code, since pointing more than a few PHs from one source, at p2pool, would cause 'issues' already stated.

Its being worked on, there isn't much more to say. You're free to move your miners to another pool in the interim. Meanwhile, your balance is safe and isn't going anywhere.

@ Bitmain, ktzhan or xlc1985: Any news on this?

Thanks.

Day 5

Still no joy!  I have responded via PM and email with the information requested.  Zero response, zero resolution...come on guys...you're better than this.

Not really, too little too late. I bought elsewhere......

The best thing about no longer being a Bitmain customer is that I won't have to read any more dogie posts.......Yaaaaay!!

THANK YOU, BITMAIN!!!! YOU ROCK!!!!!

Until more P2Pool pools based on the open sourced code come up, then the hashing power can be put on the p2pool half without breaking p2pool.

$50 coupon for S3+, $400 coupon for S4 and $50 coupon for C1 are issued to customers who ever bought miners from BITMAIN or our official distributors

Yep, which means it's not a decentralised p2pool, it's the same as any other centralised pool, just like mine
https://kano.is/index.php?k=pblocks

Third time, you're not listening. Please, actually read what I'm posting this time.

Bitmain's hashing power is on their main NON P2POOL pool for now, there is very little on the p2pool pool as to not upset p2pool.

Well, we can start to see the changes they're making.  Bitmain's github p2pool repository has been updated with AntPool stuff.  Check it out here: https://github.com/bitmaintech/p2pool.git

I haven't gone through their contributions yet, nor will I have time to prior to next weekend.  Who wants to do a comparison between forrest's and this fork?  For example, the very first thing I noticed was a new directory called dbservice, which contains an __init__.py and sql.py.  It looks to me like they're doing exactly what I speculated they were - throwing a traditional type pool on top of the p2pool backbone.

This certainly allows them to control payouts, including the non-payment of transaction fees to workers.  Let's take an example.  Somebody puts this pool into play and there are a bunch of workers attached to it, totaling 100TH/s.  For the sake of argument, let's say that this 100TH/s earns 1.1BTC per block.  I'm making up numbers, and I do realize that it would not be static as I have described, but for this example, look past that .

The pool's hot wallet now has 1.1BTC.  Let's say that the 0.1 is set aside as transaction fees.  Now, there's 1BTC available to payout the workers.  Your typical PPLNS payment algorithms come into play, and the miners are all assigned some portion of the 1BTC.  This is very similar to a traditional pool.  There's a database involved storing workers, their hash rate, the number of shares, etc.

Yes, I realize I have left out a ton of details, but I think you can get the gist of it.  What I'm really interested in, and unfortunately don't have the time to investigate, is how Bitmain's changes to the p2pool code will play out.  Will they be enough to force a fork?  Does this become a competitor to the original p2pool, or a complement to it?

The advantage I've thought of with this setup is that pool operators now don't need to get enough hashing power together to be able to solve a block on their own, but rather can use the p2pool backbone and contribute there.  In this way, I can see decreased variance to the smaller miners, and if I squint my eyes and hold my breath while looking at it upside down, I can see the decentralization, too .

Yes, as I said:

And as you said earlier .. if they try to force some different protocol into the chain, they will fork it.  Which means, still, they aren't using it.

M

Dogie,

no Bitmain isn't using the p2pool share chain.

Right now:
Pool rate: 3.88PH/s (7.0% DOA+orphan) Share difficulty: 16500000

murraypaul:

if they were using the p2pool sharechain, they can't divide their payment up into 2 addresses in the coinbase payout.
They can pay it to themselves, as the p2pool does, and then later distribute it based on some fee/nofee calculation of course - but that of course won't be all the tx fees, just their payout % of them.
But as I said at the start of this post, they aren't using the p2pool share chain anyway.

The generation tx goes to all the nodes with an active share.
The assumption behind this portion of the thread is that one of those nodes would be the Bitmain 'p2p' pool, rather than the indivdual miners being nodes and generating their own shares.


Yes. And in this assumed setup, the Bitmain 'p2p' pool would be one of those miners. It would receive its portion of the 25+tx fees payout, not the users mining on the pool.
It could then split the payout to the actual users however it wanted to.
Users of the 'p2p' pool would not be p2pool miners, and would not have their own shares in the sharechain.
(We don't know if this is actually what is planned, as they have provided no information about how their p2pool would work, the discussion is about whether it would be feasible.)

Its you who isn't understanding, mainly because we're all saying similar things.

There are two sides of Antpool:
1) a normal standard, run of the mill pool acting independently (like btcguild, ghash.io)
2) an exotic p2pool 'pool' which is attached to the p2pool share chain.

Pool 1 retains transaction fees. Pool 2 doesn't. Pool 1's transaction fees help pay for SOME of the costs of hosting both pool 1 and pool 2. [next person to quote please cut it down, its too big]

Again, This is not how p2pool works.

The generation tx does NOT go to a node, it goes directly to the miners with active shares (ALL the miners), this is what makes p2pool trust-less and is not something I would see as negotiable with other p2pool miners...

Here is a p2pool coinbase transaction, take a look for yourself...

https://blockchain.info/block-index/497193/0000000000000000010cb1da262778419a4eac1ba3947fea7dc14bef19399956

As you can see each of the 347 miners with an active share in the p2pool share chain received a portion of the payout directly from the coinbase.

And then the mentioned tx fees will not be enough to cover server electricity costs alone...
I am wandering whre the rest of the money will come from to cover the pool expenses and what happened to so called decentralization propaganda ?
Where will go merged mining profits also?
And how the hell small miners will benefit from that
Once again as I see things the goal of it is to collect between 5-10 % of all bitmain devices all over the world
Us folks be aware of that as long as you posses most of them.
Nice strategy for a wise businessman though
And as always bitmain will steal p2pol code and probably ckpool also like he did with other open source code and make money on top
How noble he is.
So guys please join whatever pool you like but not this one!
At the end for the those joining antpol it will bring you nothing else but loss!!!!!!