In order to encourage people to mine to Speaking you can donate to the recent miners difficulty proportion using a sendmany:. P2pool in the windows of the blocks? Bitcoin looks up bitcoin IP Addresses of several host names and adds those to the list of potential Why does my share say it has found a lot of shares but p2pool say I have only found a few?! Significantly less than the full node that goes with it
Why am I getting so many rejects? I wrote a solution to this problem two days ago: When you start mining on P2Pool exercise patience. P2Pool then ignores any submitted shares that don't match the real share difficulty. Each share contains a generation transaction that pays out to the previous n shares, where n is the number of shares whose total work is equal to 3 times the average work required to solve a block, or , whichever is smaller. Confirmed shares are valid, and paid whenever a block is found, for as long as they remain in the sharechain about 3 days. What is the P2Pool?
If you don't want to donate to the author you can run P2Pool like this: You're using an incompatible miner. Altering anything within the block will share its hash and make it worthless. Got out of bed the wrong side this morning Gregory? When you launch a P2Pool node; it seeks out, connects bitcoin, and shares data with a decentralized network of other P2Pool nodes also known p2pool peers. Having p2pool as a semi- official piece speaking software would difficulty better, with hosting on the official site.
This takes it about 5 seconds. With solo mining or typical pools, the work unit you get is valid for several minutes or until a new block is found on average, one every ten minutes.
What are some reasons that a rational miner won't switch to P2Pool? Raw connection to p2pool will always have variance for a typical miner - if the pool is small there will be large pool-based variance, if it is large the share difficulty will be high and there will be large share-based variance. Running a Bitcoin node is already nontrivial and going forward will become impossible for at-home miners. How well does P2Pool scale?
There are two problems with scaling P2Pool: The sharechain difficulty goes up as the pool gets bigger to maintain the rate of finding shares at around every 10 seconds. If everyone was using P2Pool then the difficulty of finding a share would only be 60 times less than the difficulty of solo mining, and so varience would go right up. As more miners join, Can I run p2pool with a thin bitcoin client?
P2Pool, unlike a normal pool, requires you to verify incoming transactions, and you can't do this without having all of the unspent transactions in the block chain. What do all of the items in the output from p2pool mean? Forrest Voight 1 4.
Why is my p2pool share not payed out? The answer is hidden in this forum post here. You will get paid when your miner solves a share with a difficulty How can P2Pool charge a fee? Since November 17, no fee is charged. Instead an optional donation of 0. If you don't want to donate to the author you can run P2Pool like this: Time investment is not to be discounted so lightly. In addition to that, inertia and lack of awareness probably have a role. There's also the need for extra computer resources ram mostly to run the bitcoind and p2pool daemons.
There's a bit of a higher variance as well, since the pool is relatively small. If you do have some spare ram, and a bit of time, 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. Is P2Pool vulnerable to pool hopping? From the Wiki on P2Pool: Each share contains a generation transaction that pays out to the previous n shares, where n is the number of shares whose total work is equal to 3 times the average work required to solve a block, or , whichever is smaller.
Payouts are weighted based on the amount of work each share took to solve - proportional to the p2pool In concept, P2Pool is much stronger than centralized pools. Unfortunately, most centralized pools still hold a high hash-rate.
You can see the global hash rate, and its distribution at http: Alex Waters 2, 2 15 You may split the project and create your own distributed pool, but you choose to reap no rewards from doing so the first 0.
The pool combines both fair share rewards and a finder's bonus to compete against other pools. The initiator has so far earned 0. GitHub is home to over 20 million developers working together to host and review code, manage projects, and build software together.
Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community. Sign in to your account. Latest version bfgminer that implement the specified functionality may not work correctly with p2pool all scrypt forks.
I can confirm BFGMiner v4. The cards run full speed but no accepts come through, e. Else I'm stuck with v3. Do you know the correct decimal setting for the pool user in order to correct the difference? Else will try myself P2Pool miners are paid every time a block is found by the pool for any confirmed shares they currently have in the P2Pool sharechain.
Confirmed shares are valid, and paid whenever a block is found, for as long as they remain in the sharechain about 3 days. Payouts in P2Pool are made immediately, directly from the block generation transaction. Newly generated coins require confirmations before they can be spent, so P2Pool payouts cannot be spent for about As a miner on P2Pool you are competing with other P2Pool miners for a portion of the 8, active shares.
The more shares and the higher the difficulty of those shares you have in the sharechain, the greater your reward when a block is found. However, unlike some centralized pools, P2Pool has a minimum hash rate threshold to expect regular payouts when blocks are found.
The minimum hash rate to expect regular payouts changes based on the total speed of all the miners in the pool at any given time. A good rule of thumb to expect a payout when a block is found: