P2Pool - Revision history

Arruah at 12:11, 23 July 2020

2020-07-23T12:11:29Z

← Older revision		Revision as of 12:11, 23 July 2020
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	Each share contains a generation transaction that pays 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 8640 (= 72 hours of shares), whichever is smaller. Payouts are weighted based on the amount of work each share took to solve, which is proportional to the p2pool difficulty at that time.		Each share contains a generation transaction that pays 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 8640 (= 72 hours of shares), whichever is smaller. Payouts are weighted based on the amount of work each share took to solve, which is proportional to the p2pool difficulty at that time.

	The block reward (currently 12.~~5BTC~~) and the transaction fees are combined and apportioned according to these rules:		The block reward (currently 6.25 BTC) and the transaction fees are combined and apportioned according to these rules:

	A subsidy of 0.5% is sent to the node that solved the block in order to discourage not sharing solutions that qualify as a block. (A miner with the aim to harm others could withhold the block, thereby preventing anybody from getting paid. He can NOT redirect the payout to himself.) The remaining 99.5% is distributed evenly to miners based on work done recently.		A subsidy of 0.5% is sent to the node that solved the block in order to discourage not sharing solutions that qualify as a block. (A miner with the aim to harm others could withhold the block, thereby preventing anybody from getting paid. He can NOT redirect the payout to himself.) The remaining 99.5% is distributed evenly to miners based on work done recently.

Gmaxwell: fix links

2019-06-10T01:47:56Z

fix links

← Older revision		Revision as of 01:47, 10 June 2019
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	** It's important that your Bitcoin client be fully synchronized before starting. It's also better if you have the Bitcoin port forwarded		** It's important that your Bitcoin client be fully synchronized before starting. It's also better if you have the Bitcoin port forwarded
	* Download p2pool:		* Download p2pool:
	** Windows binary: See http://~~forum.bitcoin~~.org/index.php?topic=18313.0		** Windows binary: See http://bitcointalk.org/index.php?topic=18313.0
	** Source download: https://github.com/forrestv/p2pool/tags		** Source download: https://github.com/forrestv/p2pool/tags
	** git: git clone git://github.com/forrestv/p2pool.git		** git: git clone git://github.com/forrestv/p2pool.git
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	The pool began testing against mainnet in mid-July, 2011. The pool was reviewed on a [[Bitcoin Miner]] post on July 26, 2011<ref>[http://www.bitcoinminer.com/post/8101660461 P2Pool Decentralized Pool Nearly Ready For Prime-Time]</ref>.		The pool began testing against mainnet in mid-July, 2011. The pool was reviewed on a [[Bitcoin Miner]] post on July 26, 2011<ref>[http://www.bitcoinminer.com/post/8101660461 P2Pool Decentralized Pool Nearly Ready For Prime-Time]</ref>.

	The software author's address for donations can be found in the signature section of his [http://~~forum.bitcoin~~.org/index.php?action=profile;u=6447 forum profile].		The software author's address for donations can be found in the signature section of his [http://bitcointalk.org/index.php?action=profile;u=6447 forum profile].

	==Donating to P2Pool miners==		==Donating to P2Pool miners==
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	==External Links==		==External Links==

	* [http://~~forum.bitcoin~~.org/index.php?topic=18313.0 P2Pool forum]		* [http://bitcointalk.org/index.php?topic=18313.0 P2Pool forum]
	* [https://github.com/forrestv/p2pool p2pool] project on GitHub		* [https://github.com/forrestv/p2pool p2pool] project on GitHub
	* {{Freenode IRC\|p2pool}} discussion and support		* {{Freenode IRC\|p2pool}} discussion and support

Lexyon at 10:11, 14 April 2019

2019-04-14T10:11:23Z

← Older revision		Revision as of 10:11, 14 April 2019
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	=== Payout logic ===		=== Payout logic ===

	Each share contains a generation transaction that pays 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 8640 (= 24 hours of shares), whichever is smaller. Payouts are weighted based on the amount of work each share took to solve, which is proportional to the p2pool difficulty at that time.		Each share contains a generation transaction that pays 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 8640 (= 72 hours of shares), whichever is smaller. Payouts are weighted based on the amount of work each share took to solve, which is proportional to the p2pool difficulty at that time.

	The block reward (currently 12.5BTC) and the transaction fees are combined and apportioned according to these rules:		The block reward (currently 12.5BTC) and the transaction fees are combined and apportioned according to these rules:

Belcher: /* Lightning P2Pool proposal */ Add citation

2018-11-15T23:56:36Z

Lightning P2Pool proposal: Add citation

← Older revision		Revision as of 23:56, 15 November 2018
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	== Lightning P2Pool proposal ==		== Lightning P2Pool proposal ==

	The existing p2pool has issues with dust. As more miners join the pool each individual miners payout becomes smaller, so eventually the cost to spend such outputs become significant. Lightning p2pool is an idea which would result in p2pool share payouts being sent over [[payment channels]]<ref>[https://www.coindesk.com/hub-and-spoke-could-bitcoins-lightning-network-decentralize-mining Lightning’s Next Act: Decentralizing Bitcoin Mining?]</ref>.		The existing p2pool has issues with dust. As more miners join the pool each individual miners payout becomes smaller, so eventually the cost to spend such outputs become significant. Lightning p2pool is an idea which would result in p2pool share payouts being sent over [[payment channels]]<ref>[https://www.coindesk.com/hub-and-spoke-could-bitcoins-lightning-network-decentralize-mining Lightning’s Next Act: Decentralizing Bitcoin Mining?]</ref><ref>[https://archive.is/WUjKM Payment Channel Payouts: An Idea for Improving P2Pool Scalability]</ref>.

	==See Also==		==See Also==

Belcher: /* Lightning P2Pool proposal */ Add citations

2018-11-15T23:55:37Z

Lightning P2Pool proposal: Add citations

← Older revision		Revision as of 23:55, 15 November 2018
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	== Lightning P2Pool proposal ==		== Lightning P2Pool proposal ==

	The existing p2pool has issues with dust. As more miners join the pool each individual miners payout becomes smaller, so eventually the cost to spend such outputs become significant. Lightning p2pool is an idea which would result in p2pool share payouts being sent over [[payment channels]]		The existing p2pool has issues with dust. As more miners join the pool each individual miners payout becomes smaller, so eventually the cost to spend such outputs become significant. Lightning p2pool is an idea which would result in p2pool share payouts being sent over [[payment channels]]<ref>[https://www.coindesk.com/hub-and-spoke-could-bitcoins-lightning-network-decentralize-mining Lightning’s Next Act: Decentralizing Bitcoin Mining?]</ref>.

	==See Also==		==See Also==

Belcher: Added section on lightning p2pool

2018-11-15T23:54:19Z

Added section on lightning p2pool

← Older revision		Revision as of 23:54, 15 November 2018
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	* The [https://bitcoinfoundation.org/ Bitcoin Foundation] for its generous support of P2Pool		* The [https://bitcoinfoundation.org/ Bitcoin Foundation] for its generous support of P2Pool
	* The [https://litecoin.org/ Litecoin Project] for its generous donations to P2Pool		* The [https://litecoin.org/ Litecoin Project] for its generous donations to P2Pool

			== Lightning P2Pool proposal ==

			The existing p2pool has issues with dust. As more miners join the pool each individual miners payout becomes smaller, so eventually the cost to spend such outputs become significant. Lightning p2pool is an idea which would result in p2pool share payouts being sent over [[payment channels]]

	==See Also==		==See Also==

Lclc: Remove README text (more up to date version on Github)

2018-01-02T13:06:05Z

Remove README text (more up to date version on Github)

@@ Line 180: / Line 180: @@
 * /uptime
 * /web/log - Some different stats collected over the last day
 === Option Reference ===

Lclc: Fix Bitcointalk URL

2018-01-02T12:10:09Z

Fix Bitcointalk URL

← Older revision		Revision as of 12:10, 2 January 2018
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	==History==		==History==

	This project was announced on June 17, 2011 by Forrest Voight<ref>[https://~~forum.bitcoin~~.org/index.php?topic=18313.0 p2pool: Decentralized, DoS-resistant, Hop-Proof - Now active on mainnet!]</ref>.		This project was announced on June 17, 2011 by Forrest Voight<ref>[https://bitcointalk.org/index.php?topic=18313.0 p2pool: Decentralized, DoS-resistant, Hop-Proof - Now active on mainnet!]</ref>.

	The pool began testing against mainnet in mid-July, 2011. The pool was reviewed on a [[Bitcoin Miner]] post on July 26, 2011<ref>[http://www.bitcoinminer.com/post/8101660461 P2Pool Decentralized Pool Nearly Ready For Prime-Time]</ref>.		The pool began testing against mainnet in mid-July, 2011. The pool was reviewed on a [[Bitcoin Miner]] post on July 26, 2011<ref>[http://www.bitcoinminer.com/post/8101660461 P2Pool Decentralized Pool Nearly Ready For Prime-Time]</ref>.

Belcher: /* External Links */ added a link to gyverlb's guide to mining efficiently on p2pool

2017-12-11T01:15:32Z

External Links: added a link to gyverlb's guide to mining efficiently on p2pool

← Older revision		Revision as of 01:15, 11 December 2017
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	* [http://organofcorti.blogspot.com/2012/11/52-p2pool-achieving-expectations.html?m=1 Statistical analysis of P2Pool from Neighborhood Pool Watch]		* [http://organofcorti.blogspot.com/2012/11/52-p2pool-achieving-expectations.html?m=1 Statistical analysis of P2Pool from Neighborhood Pool Watch]
	* [http://chimera.labs.oreilly.com/books/1234000001802/ch08.html#mining_pools P2Pool section] of <i>[[Mastering Bitcoin]]</i> by [[Wikipedia:Andreas Antonopoulos\|Andreas M. Antonopoulos]]		* [http://chimera.labs.oreilly.com/books/1234000001802/ch08.html#mining_pools P2Pool section] of <i>[[Mastering Bitcoin]]</i> by [[Wikipedia:Andreas Antonopoulos\|Andreas M. Antonopoulos]]
			* [https://bitcointalk.org/index.php?topic=153232.0 A guide for mining efficiently on P2Pool, includes FUD repellent and FAQ]

	==References==		==References==

Belcher: added to catagory technical and mining

2017-08-27T14:47:07Z

added to catagory technical and mining

← Older revision		Revision as of 14:47, 27 August 2017
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	[[Category:Pool Operators]]		[[Category:Pool Operators]]
	{{Pools}}		{{Pools}}
			[[Category:Technical]]
			[[Category:Mining]]