Topic: BITMAIN announces Antpool - page 97. (Read 383063 times)

That does nothing to solve the lost work due to the short p2pool share time.

Actually, I can see how to pull off the "regular" pool on top of p2pool.  When p2pool mining, you must supply your BTC wallet address, and it must be valid.  If it isn't, your hash rate is directed towards the node's payout wallet.  Try it some time.  Start up your own node and connect to it with a user name of anything BUT a BTC address.

Now you just place a typical PPLNS framework on top of your node.  People register with a user name.  When they connect with that name, since it's not a BTC address, their hash rate gets added to the node's default address.  Now you have all of this hashing power on one address that is contributing to the share chain.  As soon as a block is found, that address is paid.  Then, you just divvy out the payment to the miners based on a standard PPLNS system.

So... I can see how it can be done, but it adds a centralized feeling to an inherently decentralized protocol.  In other words, for this magic to work, you simply cannot move from node to node as you can with a regular p2pool node.  The new node you move to / register with has no knowledge of any work you personally have contributed on another node.  Basically what I've described as a possible approach does nothing more than give people the ability to setup and run their own traditional pools using the p2pool network as a backend framework.  Sure, it solves the "small miner" issue, but at what cost?

Engineers are busy, prioritising bug fixes over preparing code for github. Will be up within a few days hopefully.

I'm sure anyone who knows anything about p2pool knows what they are describing is impossible.  It can't plug in to the existing p2pool chain AND radically change things like the frequent restart issue.

I agree with what others said, BS.

M

I already did. We'll get some BITMAIN_.... accounts set up soon.

Nice one a million question
Any way BITMAIN is ACTIVLEY refusing to publish and fix his software issues and now he begun to fix p2pool and bulshit people. I am telling it again 0% fee comes along with 0% brain......Small miner will stay small miner. end of story..

@ loshia:  Thanks, but a 0% fee is also pretty normal with p2pool - go to  http://p2pools.org/btc  and take a look 

Then why is p2pool currently only ~4.2PH?

Yes sure i do agree. But why then you do not get some portion of it joining antpool?
Any way...i will stop spamming this thread. I just want to point out obvious things. If you can read them fine if not it is a shame. Wish you luck joining 0% fee pool
Best to all of you
There is no charity and Decentralization. All is about money, no matter how it is presented. Speaking of money i prefer to pay my fee, donation or whatever you call to other folks (pools) which i do respect. Simple as that. Joining antpool will not maximize your profits!
If you do believe in Decentralization run your own p2pool nodes

@ loshia:  Let's not jump to conclusions shall we? When the software is uploaded to git, we can all see what is what then.

As far as merge mining is concerned, that's one of the best things about p2pool - why wouldn't anyone do it? I've been merge mining for 2 years now. Many nodes merge mine - it's normal.

Nice!  Hope to see a more robust p2pool implementation

A bit light?
He is bulshiting you boys
There is no way to do some of the things as described
Any way i am damn sure that eventualy if when someday famous git will be published it will reval the whole truth. As i said there is no free lunch with %0 fee and dedi servers all over the world
Unless BITMAIN is in the charity  decentralisation business
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Quote:
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There are two factors to address for the payout stability of smaller miners. 1st, the total hashrate of p2pool protocol is small and the payout of the whole network is not stable right now. We need to increase the p2pool protocol's total network hashrate.

The above seems legit. No irony...
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BUT the below is just a plain big bullshit from Literature class
2nd, small miners' hashrate is low. We think we can help this by set up a good protocol mining agent.
 
Small miner is small and it will stay small unless new HW is purchased. There is no software magic to make small miner a big one The issue is getting worst especially with p2pool. Period!

PatMan you can ask BITMAIN if he is merge mining that will be a good start
And the answer is...?

So the p2pool you will be uploading to git will be exactly the same as is running on your p2p.antpool.com?

Look forward to seeing it...

yes. antpool earns bitcoin through p2p mining using one bitcoin address. all workers connected to p2p.antpool.com will get the shares from antpool by PPLNS without fee.

yes, python.
we will show p2p network information at antpool.com, instead of p2pool.info.

Thank you Bitmain - that sheds a bit more light on the subject. So you're keeping it python based then?  (please say no)

Please tell your R&D crew to ignore p2pool.info - it is useless & will only create confusion for noobs. Better if it was gone  

Yes.



After we open sourced the code, anyone will be build a node using our code or compiled software.



There are two factors to address for the payout stability of smaller miners. 1st, the total hashrate of p2pool protocol is small and the payout of the whole network is not stable right now. We need to increase the p2pool protocol's total network hashrate. 2nd, small miners' hashrate is low. We think we can help this by set up a good protocol mining agent.


1) Optimize the unstable problem when concurrent user number is high; If p2pool cannot support enterprise level mining operation, it will not be a robust protocol.
2) Reduce loss of frequent restart;
3) Diff dynamic adjust algorithm change;

That is great, thank you, how about some answers?

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