By design P2Pool is intended to be run locally by the miner, and this is almost always the most efficient method. There are many great tutorials in our Community and Resources section for setting up p2pool on the operating system and for the currencies of your choice. A very special feature of p2pool is that your found shares are stored on every p2pool node, if one node goes down you can switch to another and continue mining uninterrupted.
Because of its decentralization p2pool is highly resistant to malicious attacks that often will take other pools offline. It is recommended to configure your miner with three separate p2pool nodes for maximum reliability.
Other factors you may want to consider include uptime, node hash rate, and latency. Latency the time it takes for your data to reach the node is very important with P2Pool, more so then with traditional mining pools. It is a good idea to ping any node you are considering mining on from where you will be mining to ensure you have a fast connection. Because of its decentralized nature, and fast expected time to share p2pool has a higher stale and DOA share rate then a traditional pool. Your efficiency, not the nodes efficiency, relative to the global pool is important 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 front ends will provide both node and pool efficiency. After you have given your miners some time to establish a baseline review your DOA and orphan share rate as 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 between your node and the rest of the pool.
Start Mining on P2Pool. Setup a local node There are many great tutorials in our Community and Resources section for setting up p2pool on the operating system and for the currencies of your choice. Want to try P2Pool out first? We recommend setting three separate p2pool nodes in your miner, a primary and two backups.
If your primary fails your miners will switch to a backup node and you will not loose any time or accumulated shares, this is part of the DDoS resistance of P2Pool. Do not use an exchange address for your payments! Mine on a Public Node When choosing your public nodes for p2pool keep in mind three important factors: Latency Recommendations Greater than ms — Too far, look for a closer node Less than ms — Looking good Less than 50ms — Great, your in the zone!
Less than 30ms — It's raining hashes Less than 10ms — Are you sleeping in my data center?
16 while others were mostly aound 14. When mining, the most important thing is choosing a coin thatвs easy to mine, you donвt want to choose a coin thatвs difficult to mine. Is it safe to use this site for buying cryptocurrency.
Point to be noted here is that these people are talking about Bitcoins and not Bitcoin Trader.