Embark Mining on P2Pool

“Bitcoin is a technological tour den force” -Bill Gates

There are two primary means to get began mining with P2Pool:

  1. Set up a local P2Pool knot, ideally where you keep your miners.
  2. Mine on a public P2Pool knot near you.

By vormgeving P2Pool is intended to be run locally by the miner, and this is almost always the most efficient method.

1. Setup a local knot

There are many excellent tutorials ter our Community and Resources section for setting up p2pool on the operating system and for the currencies of your choice.

P2Pool Source Code:

Forrest Voight’s Main Branch:

For P2Pool Alternative Versions, Dashboards and Setup Guides Visit Our Community & Resources Section.

Want to attempt P2Pool out very first?

Miner Configuration

Do not use an exchange address for your payments!

  • Pool #1:

Pool URL: stratum+tcp://p2pool.org:9332

Password: Not required

Pool URL: p2pool_backup_pool_url:port

Username: Your_Bitcoin_Address_For_Payment (the same spil above to preserve shares)

Password: Not required

Pool URL: p2pool_backup_pool_2_url:port

Username: Your_Bitcoin_Address_For_Payment (the same spil above to preserve shares)

Password: Not required

Two. Mine on a Public Knot

When choosing your public knots for p2pool keep ter mind three significant factors:

1. A very special feature of p2pool is that your found shares are stored on every p2pool knot, if one knot goes down you can switch to another and proceed mining uninterrupted. Because of its decentralization p2pool is very resistant to malicious attacks that often will take other pools offline. It is recommended to configure your miner with three separate p2pool knots for maximum reliability.

When operating your own knot p2pool is fully trust less, when you mine on someone else’s knot you are trusting them to configure it decently and not be a bad actor. Verifying the knot toverfee is typically a good place to embark, fees can be set by the knot technicus inbetween 0 and 100%. You can view the toverfee of any public knot by visiting “/fee” (example). Other factors you may want to consider include uptime, knot hash rate, and latency.

Two. Latency (the time it takes for your gegevens to reach the knot) is very significant with P2Pool, more so then with traditional mining pools. It is a good idea to ping any knot you are considering mining on from where you will be mining to ensure you have a prompt connection.

  • Greater than 100ms – Too far, look for a closer knot
  • Less than 100ms – Looking good
  • Less than 50ms – Excellent, your te the zone!
  • Less than 30ms – It’s raining hashes.
  • Less than 10ms – Are you sleeping te my gegevens center?

Three. Because of its decentralized nature, and prompt expected time to share p2pool has a higher stale and DOA share rate then a traditional pool. Your efficiency, not the knots efficiency, relative to the global pool is significant to monitor. If your efficiency is equal to or better then the global average you are mining at an advantage compared to the majority of the pool.

Most vooraanzicht completes will provide both knot and pool efficiency. They may also be found at “/local_stats” and “/global_stats” respectively. After you have given your miners some time to establish a baseline review your DOA and orphan share rate spil compared to the overall pools. A high DOA rate means you may have something wrong with your miner configuration while a high orphan rate means there is high latency inbetween your knot and the surplus of the pool.

Other resources can be fund under our Community & Resources section.

Related movie: bitcoin statistics

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