Author

Topic: P2Pool.com support and information thread (Read 1710 times)

legendary
Activity: 4018
Merit: 1299
March 17, 2014, 07:36:08 PM
#17
I love having the p2pool.com support thread so I don't want to discourage you at all but you should really limit the altcoin talk here, since it explicitly off topic outside the altcoins subforum.



Good point. I'll edit
legendary
Activity: 2968
Merit: 1198
I love having the p2pool.com support thread so I don't want to discourage you at all but you should really limit the altcoin talk here, since it explicitly off topic outside the altcoins subforum.

legendary
Activity: 4018
Merit: 1299

We've updated the stats above showing some of the addresses that have received extra hashes - some as much as 3+ hours/day for some time last week and today.  It varies, but remember, if you are mining on p2pool.com, you may be the one to get the extras!
sr. member
Activity: 434
Merit: 250
newbie
Activity: 8
Merit: 0
Is there a single place that contains all the correct network.py files for "the most" alt coins.

I see people are constructing their own using source code, but is there a place anyone is aware of that this is shared?
legendary
Activity: 4018
Merit: 1299
Is there any info or word on Maxcoin being supported by P2Pool?



Not that I'm aware of.  In the maxcoin thread(s) they might know more.
hero member
Activity: 616
Merit: 500
Is there any info or word on Maxcoin being supported by P2Pool?

legendary
Activity: 4018
Merit: 1299
P2Pool.com Special

p2pool.com is going to be running a promo for a while to encourage P2Pool mining.  For people who have been mining at p2pool.com for more than 24 hours, we’ll be throwing a Terracoin IV miner – that is ~1.7 TH/s - at random bitcoin addresses for an hour or more per day, so your addresses will get bonus hashes.  If you are running an older Block erupter blade, Avalon at 80 GH/s or even a new 180 GH/s ANT, that is a big bonus.  If you are running pretty much anything out there, this will give you lots of extra hashes over time.

Why are we doing this?  To encourage p2pool mining.  The p2pool should be of similar size to the larger mining pool keep the network distributed and we're trying to encourage people to use it.



This is pretty incredible news and very generous! Thank you!   Grin

If it helps people to try p2pool it is worth it.  While most of the large non-p2pools are honest and have the best interests of bitcoin at heart, a distributed mining pool is beneficial to the entire ecosystem in my opinion.
full member
Activity: 187
Merit: 100
P2Pool.com Special

p2pool.com is going to be running a promo for a while to encourage P2Pool mining.  For people who have been mining at p2pool.com for more than 24 hours, we’ll be throwing a Terracoin IV miner – that is ~1.7 TH/s - at random bitcoin addresses for an hour or more per day, so your addresses will get bonus hashes.  If you are running an older Block erupter blade, Avalon at 80 GH/s or even a new 180 GH/s ANT, that is a big bonus.  If you are running pretty much anything out there, this will give you lots of extra hashes over time.

Why are we doing this?  To encourage p2pool mining.  The p2pool should be of similar size to the larger mining pool keep the network distributed and we're trying to encourage people to use it.



This is pretty incredible news and very generous! Thank you!   Grin
legendary
Activity: 1232
Merit: 1002
I think I will mine here!


I would like that extra hour of hashes Tongue

Also my speed is crap ....but if I win it will be good for me Cheesy
legendary
Activity: 2968
Merit: 1198
sort of.  the network as a whole is 99.99% DDoS resistant, an individual node is not.

If you run your own node it is DDOS resistant since, unlike a high-profile conventional pool node, there is nothing about your particular node that would make it a target. If you run on a well-known public node, there is some risk, but the nature of p2pool makes it much easier for people to open more and more public nodes (or switch to running a private node), again making none of them in particular valuable targets.
legendary
Activity: 2968
Merit: 1198
... but I still think it'd be more accurate to call this a benefit of how the p2pool protocol works, rather than attributing it to decentralization.  A pool could do something similar, by only connecting to a handful of nodes that they know to be well connected & have 1Gbps+ connections..

No that's not the same thing. Those 1G connections won't do the trick, since that doesn't reduce latency. On a global scale speed-of-light delay is a significant component. The blocks in p2pool are essentially pre-broadcast; once solved, they're released by all p2pool nodes to the coin network simultaneously. A conventional pool could do the same thing but it would require something similar to this part of the p2pool protocol with globally-distributed nodes to pull off. Just fast connections is not enough.

It is fair to say this doesn't necessarily reduce orphans in practice since other factors come into play.
legendary
Activity: 4018
Merit: 1299
The decentralized nature ensures that blocks found are distributed to many nodes quickly, even if the node that finds the block has a slow upstream connection which helps to have fewer orphans.  This means it is seen more quickly by more nodes.  I saw the stats on it a few months ago somewhere and p2pool had very few orphans.  This seems to be what you said near the end of the paragraph - often the large network effect is more beneficial than a single large pipe is.  Obviously it is not 100%.

I'd actually be curious to know what p2pool's bitcoin orphan rate is for the last 6 mo vs other pools...

... but I still think it'd be more accurate to call this a benefit of how the p2pool protocol works, rather than attributing it to decentralization.  A pool could do something similar, by only connecting to a handful of nodes that they know to be well connected & have 1Gbps+ connections..

Fair enough.  ;-)
zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
The decentralized nature ensures that blocks found are distributed to many nodes quickly, even if the node that finds the block has a slow upstream connection which helps to have fewer orphans.  This means it is seen more quickly by more nodes.  I saw the stats on it a few months ago somewhere and p2pool had very few orphans.  This seems to be what you said near the end of the paragraph - often the large network effect is more beneficial than a single large pipe is.  Obviously it is not 100%.

I'd actually be curious to know what p2pool's bitcoin orphan rate is for the last 6 mo vs other pools...

... but I still think it'd be more accurate to call this a benefit of how the p2pool protocol works, rather than attributing it to decentralization.  A pool could do something similar, by only connecting to a handful of nodes that they know to be well connected & have 1Gbps+ connections..
legendary
Activity: 4018
Merit: 1299
2. Mined coins and rewards are paid instantly, so they are not held by a pool operator - so  you can't be goxed.
They're rewarded instantly but you have to wait for them to be confirmed to be 'paid'.

They are actually paid instantly and included in that block, but coinbase transactions (mining) have to mature for 120 blocks until they can be spent.  (Semantics that aren't super relevant for most people.  ;-)  )

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agree, re: 2nd part.  no clue why people use all these mpos pools run by shady figure x
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5. p2pool is DDoS resistant.
sort of.  the network as a whole is 99.99% DDoS resistant, an individual node is not.
Which is what I said - p2pool is DDoS resistant - I'd even say 100% resistant because "resistant" is so amorphous, and I didn't say any particular node.

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6. p2pool fees are generally significantly less than other pools
sort of.  for some reason lots of people like to mine on p2pool.org and it charges 2%.  but, then, it seems like people congregate towards the pools that charge the highest fees anyway.  guess that's why eclipsemc and bitminter have never become especially popular
The point is that on average a p2pool node has lower fees than the larger pools - some even with more than 6%.  Some were even higher at one point a few years ago trying to get people to leave due to the large share they had.  What is interesting is the ebb and flow of which pools are popular and which are not over the course of the last 3.5 years.

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8. p2pool generally has fewer orphan bitcoin (and *coin) blocks due to its decentralized nature
this isn't correct, it's not the decentralized nature that would lead to fewer orphans, that'd actually cause more orphans, since most (if not all) major pools have relay nodes with significant bandwidth.  user X with 256kbps upstream, would cause plenty of orphans.  I haven't looked at the actual stats, but I'm pretty sure the less orphan part is true, but that's because the block is relayed to all other p2pool users, which requires significantly less bandwidth (then in theory one of those p2pool users will have good connectivity, when I ran my p2pool node the person that showed on blockchain.info 90% of the time was either a node in russia, france, or my node in germany).

The decentralized nature ensures that blocks found are distributed to many nodes quickly, even if the node that finds the block has a slow upstream connection which helps to have fewer orphans.  This means it is seen more quickly by more nodes.  I saw the stats on it a few months ago somewhere and p2pool had very few orphans.  This seems to be what you said near the end of the paragraph - often the large network effect is more beneficial than a single large pipe is.  Obviously it is not 100%.

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Notes:
• Don't forget to set a backup pool
yeah, probably should have two backups.  oh, feel free to use nogleg.net:9555 for DOGE, oho
Or even more than 2!  Better too many than too few!


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• It is normal to have higher rejection rates on p2pool since it generates work faster than other pools and does not impact earnings.
the first part is correct, since the share time (should) be less than the block time for various coins.  the second part doesnt necessarily hold true though.  an easy example is p2pool.org, where you get lots of DOA shares, which arent caused by your own latency.

True, for some nodes as you point out, in general though it should not impact earnings materially.  I am not sure why p2pool.org displays those characteristics.


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• p2pool payouts ramp up over time, 3-7 days is normal depending on the coin.
i'd say more like 12-24hrs

For some coins, but for others with longer windows, the ramp-up can be longer than 24 hours.  I think it is better to expect a slower ramp-up given the vagaries of luck than have people disappointed if the ramp-up is a bit longer.  For example, if you are quite unluckily in your first few hours of mining, you will ramp up slower than if you have average luck or extremely good luck. 

:-)


zvs
legendary
Activity: 1680
Merit: 1000
https://web.archive.org/web/*/nogleg.com
2. Mined coins and rewards are paid instantly, so they are not held by a pool operator - so  you can't be goxed.
They're rewarded instantly but you have to wait for them to be confirmed to be 'paid'.

agree, re: 2nd part.  no clue why people use all these mpos pools run by shady figure x
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5. p2pool is DDoS resistant.
sort of.  the network as a whole is 99.99% DDoS resistant, an individual node is not.
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6. p2pool fees are generally significantly less than other pools
sort of.  for some reason lots of people like to mine on p2pool.org and it charges 2%.  but, then, it seems like people congregate towards the pools that charge the highest fees anyway.  guess that's why eclipsemc and bitminter have never become especially popular
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8. p2pool generally has fewer orphan bitcoin (and *coin) blocks due to its decentralized nature
this isn't correct, it's not the decentralized nature that would lead to fewer orphans, that'd actually cause more orphans, since most (if not all) major pools have relay nodes with significant bandwidth.  user X with 256kbps upstream, would cause plenty of orphans.  I haven't looked at the actual stats, but I'm pretty sure the less orphan part is true, but that's because the block is relayed to all other p2pool users, which requires significantly less bandwidth (then in theory one of those p2pool users will have good connectivity, when I ran my p2pool node the person that showed on blockchain.info 90% of the time was either a node in russia, france, or my node in germany).
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Notes:
• Don't forget to set a backup pool
yeah, probably should have two backups.  oh, feel free to use nogleg.net:9555 for DOGE, hoho
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• It is normal to have higher rejection rates on p2pool since it generates work faster than other pools and does not impact earnings.
the first part is correct, since the share time (should) be less than the block time for various coins.  the second part doesnt necessarily hold true though.  an easy example is p2pool.org, where you get lots of DOA shares, which arent caused by your own latency.
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• p2pool payouts ramp up over time, 3-7 days is normal depending on the coin.
i'd say more like 12-24hrs
legendary
Activity: 4018
Merit: 1299
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