Topic: Swedish ASIC miner company kncminer.com - page 882. (Read 3050071 times)

Well, p2pool is opensource, and has been around for a good while.  The author, forrestv, is a reputable member of the bitcoin community, as far as I can tell.

The meaning of the question you quote is that most pools set a share difficulty which is relatively low (probably somewhere in the range of 64-512 for KnC miners), and it sets your payout based on how many of those shares you submit versus others also mining on the pool.  P2Pool doesn't work that way.  It actually has its own block chain, and each block has a difficulty that is considerably higher than the traditional share difficulty, but still much lower than the bitcoin network difficulty (currently this difficulty is in the 300K - 450K range), and your payout is based on how many of those blocks you solve relative to other miners.

People mining on P2Pool typically don't have machines that are any 'stronger' than people mining on any other pool.  They use the same hardware as people mining on other pools.  The block solutions for the P2Pool blocks are harder than typical pool shares, but that doesn't have any effect on how many actual bitcoin blocks get mined by the pool.

I think this has already wandered way off topic for this thread, so if anyone has any more questions about p2pool, we should probably take it to the appropriate thread:

https://bitcointalksearch.org/topic/1500-th-p2pool-decentralized-dos-resistant-hop-proof-pool-18313

That isn't always true. I get internet via a cable connection, and have my cable modem and router hooked up to a UPS backup. When the power goes out, I can continue to surf the internet until the UPS backup dies.

Lol, remember if you have a blackout your connection goes down and mining doesn't do anything.

ETA Stupid 6 minute wait between posts.

I'll go for the cost benefit analysis route then. If you buy multiple UPS devices large enough to keep mining perpetually through a long blackout you will have spent more than the difference you would make mining at that time. If you live in a place where your power is out often enough for that to not be true, you should be looking at a backup generator system already just to enjoy living or working there.

They have power backups in all sizes. Backups don't make any sense for any miners though. Other then putting one on your router, it's not cost effective at all.

I meant the person who creates the pool software. I get how the node works. Also, the block difficulty is the same for all the pools but wouldn't strong machines working on "harder" solutions to the block end up solving them more often?

"Q: Why does my miner say it has found a lot of shares but p2pool say I have only found a few?!
A: The real P2Pool difficulty is hundreds of times higher than on normal pools, but p2pool essentially lies to your miner and tells it to work on relatively easy shares so that it submits shares every few seconds instead of every few hours. P2Pool then ignores any submitted shares that don't match the real share difficulty. By doing this, P2Pool can more accurately report your local hash rate and you can see if you are having problems with too many stale shares quickly"

Wouldn't that increased difficulty increase the luck of the pool?

If you set up your own p2pool node, YOU are the pool operator.

P2pool mines on the same bitcoin network as everyone else, and the difficulty on that network is 707M at this writing.  You may be thinking about the share difficulty within P2Pool itself, but that is a completely different thing, and doesn't affect how many blocks the pool mines - it only affects how much individual miners get paid per block.

Got the rest of my tracking numbers. Just like last time, I got my tracking days before the status changed on the knc site. Where are all the people who were complaining that KNC screws everyone and doesn't ship?  Off waiting for hashfast and cointerra to post some pictures of a random piece of incomplete hardware?

I think I'll set up p2pool on my server and see how well it works. They do seem to be "lucky" but isn't that because they are working at a much higher difficulty? As long as the pool operator stays honest, it does look like a good way to keep mining personal.

Update on mine.  The status still only shows paid but I got UPS notification, weirdly the UPS notification didn't come until today but it is scheduled for delivery tomorrow.  Not complaining but it seems like the order status and UP notification might be lagging the actual shipping in some cases.

On edit: just checked again and status is now "in progress".

I'm order 106xx paid on Nov 10 and I recieved a shipping notice today.   The KNC site still reads in progress.

Not if you are currently mining on a pool with no fees, and that pays transaction fees to miners.  The current luck of p2pool can't continue forever.  Over the long haul, the payout of any pool that does not charge fees and pays transactions to miners should be the same.

Personally, I still like p2pool the best.  I like getting an instant payout of every block mined.  It has the same feel as solo mining, which I find appealing.

[EDIT:  I should add that using p2pool is the ONLY truly effective way to fight pool centralization, if such things concern you.]

Just some thoughts... if you had a Neptune, are there UPS backups powerful enough to keep it up in running in the event of a blackout?

Mind you p2pool does not imply more btc.

Thanks for the info I think I'll look into creating my own node the more coin the better

My hashrate in cgminer goes down, but the rate seen by the pool is pretty close to my actual hashrate, sometimes more, sometimes less, just like any other pool.

The bottom line is the payout - and the payout is good

If you plan to try P2Pool, I would recommend making your own node - it's not that complicated.  I don't know anything about Elizium, but most of the public p2pool nodes charge fees (I'm looking at you, p2pool.org).

Does p2pool hinder your Gh/s mine went down to 480Gh/s when I connected to Elizium a while ago seems it was affecting others also:
http://forum.kncminer.com/forum/kncminer-hosting/kncminer-pool/4246-p2pool-public-node

101xx and still only status "paid" (Payment date 11/06). Got the same standard answer from support like posted here before, to contact them again on friday.

This is what I call Luck!

I think storm "Xaver" will be an issue for UPS delivery..... 

512

what diff at worker
to put for 680gh
jupiter?