5
votes
Accepted
Who pays me when pool mining?
Broadly speaking, there are two ways of paying pool miners. The first way is to have a wallet and send payments to miners through that when they ask for them.
The second way, which both eligius.st ...
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4
votes
Accepted
Why P2Pool fails to attract more users and other pools surpassed it?
Many of these are irrational, but this is the summation of feelings from the P2Pool thread on Bitcointalk. P2Pool would be preferable for decentralization, but without a larger share of the global ...
- 15k
4
votes
Accepted
How much data traffic does participating in P2Pool mining cause?
According to Greg Maxwell:
4.14kB/sec in, 10.7kb/s out; averaged over the last 30 days. 38GB in transfer total.
Significantly less than the full node that goes with it... p2pool used to be fairly ...
- 42.7k
3
votes
Accepted
Seeing no Hash per second on any pool
The pool calculates your hash performance from the number of shares that your miner produces. With so little hashing power, it's likely that your miner did not generate a single share, so to the pool ...
3
votes
Accepted
Will your shares be lost if you restart p2pool before the payout?
You can restart p2pool at any time without losing your shares, because your shares are recorded in p2pool's share chain and permanently associated with your payout address.
From the wiki:
Whenever ...
3
votes
Accepted
What does DOA stand for?
Dead On Arrival. The term is referring to about valid shares your miner discovers that were found too late to be included in the P2Pool internal block chain and therefor aren't paid to the miner. ...
- 15k
3
votes
Accepted
How does bitcoind find p2p hosts?
There are several methods for a bitcoin client to find other nodes.
First of all they save a list of nodes from previous connections.
Of course this only works when they don't connect the first time.
...
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3
votes
Why is everyone encouraging the use of P2Pool as the answer to the 51% problem?
BitPenny seems to be half the solution - it has centralized control, but its clients can verify it behaves nicely in some sense. But it still has central management. A 51% pool can pull off subtle ...
- 255
3
votes
Accepted
p2pool merged mining
You actually don't use the addresses, but the RPC info for the daemons. For example you'd start the pool with the following switches:
python run_p2pool.py --net vertcoin3 --merged http://*RPCuser1*:*...
- 46
2
votes
Accepted
For maximum mining performance, is it better to minimize latency from the mining rigs to the p2pool server, or from the p2pool server to the Internet?
Are you aware that there is no 2nd option in your post? :)
Despite that, your second 1. option is better. If connection to the miner is one of the poor quality ones, p2pool will just adjust the share ...
- 451
2
votes
Accepted
Do P2Pool nodes always accept real blocks over share blocks?
The p2pool sharechain and the bitcoin blockchain operate similarly, but independently. I do not believe there is any requirement that a "real" block be accepted into the p2pool sharechain.
What I ...
- 201
2
votes
Accepted
Can someone explain in detail how p2pool payout works?
Are you sure the link you gave is for a P2Pool block? I just found this resource which lists the blocks solved by the P2Pool. This was the top block listed, and it has many outputs in the generation ...
- 13.7k
2
votes
P2Pool still worth mining?
Look at it this way:
Everyone trying to solve a Bitcoin block is actually competing
against everyone else (I win you lose.)
Pools in general are essentially a pack of miners who collectively
agree ...
- 21
2
votes
P2Pool Hardfork 14.0 where and when is it decided?
This has nothing to do with any proposed hard forks of Bitcoin.
The hard fork being referred to is internal to P2Pool, and has already happened.
P2Pool has something called a sharechain is parallel ...
- 15k
2
votes
p2pool.util.jsonrpc.NarrowError: -10
So I found the reason behind the block downloading issue.
I had forgot to point to the block's data dir when running bitcoind. So instead of utilizing the block downloaded from the GUI it was ...
- 41
2
votes
Accepted
Specific namecoin address in merged mining
with p2pool at least for the coins are 'merged' mining you cannot reconfigure them to go to any other account except for the default account of that wallet. However you may be able to work around ...
- 861
1
vote
Accepted
Power Off Dash Miners for Short Time on P2Pool
Mine as long as possible, turn off only when needed. I haven't check Dash P2Pool, but most payouts use some form of PPLNS (Pay Per Last N Shares) payout (although some have different methods to ...
- 360
1
vote
Accepted
Can I have a bitcoin pool joining another bitcoin pool
Yes, a pool can mine through another pool. There are pools already doing this as you can see under the "proxy mining pools" heading of the mining pool list at https://bitcointalk.org/index.php?topic=...
- 8,319
1
vote
Is it possible to build mining reward pooling directly into Bitcoin?
I believe this would be very difficult to implement in Bitcoin. Not only because of technical feasibility, but also because gaining concensus would be difficult.
The mining reward could then be ...
- 8,724
1
vote
Accepted
Embedding P2Pool technology in Bitcoin Core
However, as far as I understand, new versions of Bitcoin will soon provide pruning capabilities, therefore allowing miners to only keep unspent outputs (without the entire chain) up to certain blocks, ...
- 15k
1
vote
Accepted
P2Pool Node Latency
The latency measured is the time it takes for your bitcoind to respond to getblocktemplate requests. It shouldn't matter too much, and the rising time is simply your node learning about more and more ...
- 15k
1
vote
Accepted
Best p2pool software
forrestv stopped updating the version, but he's still adding features.
Anyway, the Linux installation instructions say to just get the latest master:
sudo apt-get install git # if git is not ...
- 28.6k
1
vote
how to config p2pool so that it can connect to bitcoind wiht HTTPS?
For using SSL with Bitcoin follow these instructions: https://en.bitcoin.it/wiki/Enabling_SSL_on_original_client_daemon
Maybe your RPC Connection String have connection type "HTTP"
connection-type = ...
- 21
1
vote
When do P2Pool Node Fees get paid?
Correct - you will be awarded node_fee percentage of the shares found on your p2pool.
Relevant lines of code: https://github.com/jramos/p2pool/blob/master/p2pool/work.py#L197:L203
- 61
1
vote
Accepted
What happens to a p2pool payment with an invalid bitcoin address as the username?
If it's actually an invalid address (that is to say it won't hash) such as Address50 then vanilla p2pool will default to sending you (the node) all of the rewards for that miner.
If the address is ...
- 343
1
vote
P2Pool twisted error
The default RPC port for bitcoind is 8332. Unless you've changed it with the -rpcport option, you should be connecting to that port instead.
- 61
1
vote
p2pool inbound connections
From what we have noticed on LBTC Grid, out refers to connecting to coin network and the P2Pool network. In refers to miners connecting to your server.
- 41
1
vote
What's the proper way to scale p2pool?
Disclaimer: There is no "proper" way to do anything :)
Some people think that P2Pool is hard to scale. But it can be scaled easily by dividing it into smaller pools that feed into the main pool.
...
- 343
1
vote
How to change donation address of p2pool
It is a multisignature 2-of-2 address.
I have annotated the script:
scriptPubKey length: 51
Push the following 33 bytes onto the stack: 21
Compressed public key: ...
- 28.6k
Only top scored, non community-wiki answers of a minimum length are eligible