Author

Topic: pay out system with p2pool (Read 1424 times)

full member
Activity: 134
Merit: 100
June 19, 2014, 06:23:52 PM
#8
Even if all addresses are from the same wallet, this fact is transparent to the bitcoin protocol.  If you are receiving 20 mBTC payout into one address and 20 mBTC payout into another address (instead of a single 40mBTC payout) then you will spend more in fees (in some cases) to transfer 2x 20 mBTC payouts instead of a single 40 mBTC payout.

HOWEVER-- I do see that being able to very easily differentiate the earnings of your different miners is an excellent reason for separate payouts.  I have no way of knowing how much each of my devices are making individually.
member
Activity: 85
Merit: 10
June 19, 2014, 07:46:21 AM
#7
I point all my miners to my node with different names so that I can identify them, but all payouts go to my default address.  This allows you you to receive single payout from all miners.  I would claim it works out to more for you because you will spend less in fees to send a consolidated amount over separate wallets.

Mr.  CaptEmulation  - Thanks for your help...
I have a lot more questions, but I will leave you and other alone for now...

I think I am doing well here....
Its more about command lines and things but I think just using the main p2pool.exe and my bitcore is doing good...

Since I use the same wallet for all machines I will not be transferring the funds around....it will all end up in my bitmain wallet for now and thats fine.

Again, thanks for the help..... is so greatly appreciated!
Bryon

PS / Someone needs to write a book.......
full member
Activity: 134
Merit: 100
June 19, 2014, 07:31:07 AM
#6
I point all my miners to my node with different names so that I can identify them, but all payouts go to my default address.  This allows you you to receive single payout from all miners.  I would claim it works out to more for you because you will spend less in fees to send a consolidated amount over separate wallets.
member
Activity: 85
Merit: 10
June 19, 2014, 07:05:59 AM
#5
current_payout is the the payout to the default wallet address of a node.  Instead of mining with username: 1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB, try mining with username 'my_super_money_machine' (or a better name of your choosing) and then the shares you earn will be credited towards the p2pool node's default wallet address.

For your back-up pools on other nodes, use the default wallet address as your username.

OK I have been setting all my machines to a different payout address, this one ( 1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB)
and the default bitcore address I am not using at all.... so this is why I see the 0.0 pay out.
OK (if thats correct)

Does it change any payout for me? am I loosing any money by doing it the way I am doing it???
or its just all a matter of preference??
I am pumping 4Ts is that over kill???

OK thanks for the fast answer and the help!
full member
Activity: 134
Merit: 100
June 19, 2014, 06:56:50 AM
#4
current_payout is the the payout to the default wallet address of a node.  Instead of mining with username: 1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB, try mining with username 'my_super_money_machine' (or a better name of your choosing) and then the shares you earn will be credited towards the p2pool node's default wallet address.

For your back-up pools on other nodes, use the default wallet address as your username.
member
Activity: 85
Merit: 10
June 19, 2014, 05:16:02 AM
#3
Ok guys maybe a little info here as i am  not sure whats going on...
Please look at this code...

[{"peers": {"outgoing": 6, "incoming": 1}, "attempts_to_block": 57822223608779439611, "local_hash_rates": {"1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB": 4125833869231.5005}, "current_payout": 0.0, "pool_hash_rate": 742660171614979.6, "stale_shares": 0, "shares": 3, "pool_stale_prop": 0.11764705882352941, "time": 1403086303.033, "stale_shares_breakdown": {"doa": 0, "orphan": 0}, "local_dead_hash_rates": {"1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB": 181127464955.2533}, "block_value": 25.028025890000002, "attempts_to_share": 7248830304067511}, {"peers": {"outgoing": 6, "incoming": 1}, "attempts_to_block": 57822223608779439611, "local_hash_rates": {"1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB": 4004165996740.9995}, "current_payout": 0.0, "pool_hash_rate": 755341907816831.8, "stale_shares": 0, "shares": 3, "pool_stale_prop": 0.12408759124087591, "time": 1403086603.047, "stale_shares_breakdown": {"doa": 0, "orphan": 0}, "local_dead_hash_rates": {"1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB": 145278869692.25003}, "block_value": 25.05639348, "attempts_to_share": 7312021136743144}, {"peers": {"outgoing": 7, "incoming": 1}, "attempts_to_block": 57822223608779439611, "local_hash_rates": {"1FT2JZE3suZzCBfHkAFhHP2GSAL46gvtBB": 4009398771469.521}, "current_payout": 0.0, "pool_hash_rate": 781132628742448.1, "stale_shares": 0, "shares": 4, "pool_stale_prop": 0.11764705882352941, "time": 1403086903.077, "stale_shares_breakdown": {"doa": 0, "orphan": 0}, "local_dead_hash_rates":

How come current_payout = 0.0

When I first started the bitcore wallet and the p2pool it was giving me lots of data and numbers there...
But now thats all I see and on the web interface is shows if a block was found 0.0 will be pd out???
Just wondering If I have something wrong....
Thanks for any input.....


remember I am on a windows machine if that makes any difference.
Bryon
full member
Activity: 134
Merit: 100
June 15, 2014, 04:24:23 PM
#2
There are scripts for donating to p2pool as well as front ends: http://blisterpool.com/p2pdonate.  Those small payouts from normal transactions are donations to the p2pool network.  Transactions from the coinbase reward (no inputs / newly generated coins) are from p2pool block finding.  

You joined during a dry spell as p2pool had gone nearly 4 days without a block when we should be finding one block a day.  There have been many days in recent memory of 2-4 blocks in 24 hours.  Block 305946 was found by p2pool 7 hours ago (https://blockchain.info/block/000000000000000011db25403dfa424bbc62224953c9a1703bfb464ee111494b) so you should see a payout from that.

As for expected payout, p2pool has a 3-day PPLNS window-- so your expected payout is lower until you have been hashing for 3 days.  After that there is some variance depending on your personal p2pool share rate.
member
Activity: 85
Merit: 10
June 14, 2014, 03:08:28 PM
#1
Hello, forgive me if I am in the wrong section...please point me to the correct area.
I am new to mining, running 3 TH at the moment and have been doing well with the shared pools...
I installed P2pool software and downloaded blockchain and I have my own node up and running and it seems to be ok....

I am at a day and 1/2  full speed....
BUT I am getting no pay? I do get these little 5 cent payouts 8 cent pat outs... so far I got 3 of them?Huh what gives there?
There is really no info on this that I can find....
Plus I have generated over 60 shares, no blocks???
Any idea when and how it pays out?
I would hate to find out that down the road 3 or 4 days of my electricity (at 1000.00 + a month) I wasted my time...

And little bit of the structure here would clear my head.....
Thanks so much


Once someone or many of you can get me right about this then maybe I can move on to opening it up for others....



Bryon
Jump to: