\[ANN\] Community Pay Back P2Pool \[mine-ftc.co.uk\]

uncle_muddy

I’ve started a P2Pool up with the intention of allowing people to give a little back to the community for no real investment on their part!

The concept is simple, I’ve had a chat with one of my suppliers and he is prepared to take payment for the node in FTC!, as a proof of concept. So the pool fees are set to 1.5% with .5% coming to me to pay the bill and 1% going to be donated back to the community in some form or another.

My intention is to speak to [url=http://forum.feathercoin.com/index.php?action=profile;u=1077]ChrisJ[/url] at the meetup in Oxford next week as to the best way to use these few coins and how we keep things open and honest.

But in the mean time I’ve started the ball rolling and you can view the node-fee payouts [url=http://explorer.feathercoin.com/address/6efeduugRy9bghCfy12mRkkPi1iufrndCM]here [/url]

Once I have spoken to ChrisJ about how we deal with the community payback bit on a weekly bases I will divide whats in the wallet by 3, pay 1 part to myself to cover costs and the remaining 2 parts as per the agreement. I will post a weekly statement on this thread to show transparency in the setup.

So even if you only spare a few hashes it all helps and hopefully will bring benefits to the community.

Happy Mining

[b]FTC p2pool[/b]
http://mine-ftc.co.uk:19327
user:
pass:

[b]FTC p2pool Stats[/b]
http://mine-ftc.co.uk:19327/static/

[b]Features[/b]

1.5% Fee
Stratum
Mined direct to your wallet

[b]Connection[/b]

There is NO need to register on p2pool servers, you simply use your wallet address as the username and the password doesn’t matter. Coins are then mined directly to your wallet.

[b]Example CGMiner config:[/b]

[code]cgminer --scrypt -o mine-ftc.co.uk:19327 -u -p x [/code]

[b]Performance Tuning and Optimization[/b]

You can set your share difficulty by adding +0.0000xxxx to your FTC adress:

+0.000xxxx

Recommend share difficulty:

Hash Rate (KHash/s) Difficulty
1 +0.00000116
5 +0.00000582
10 +0.00001164
50 +0.00005821
100 +0.00011641
250 +0.00029103
500 +0.00058207
750 +0.00087310
1000 +0.00116414

for better performance use your hash rate in kH * 0.00000116414
from the result use just +0.0000xxxx (example: +0.00007462)
In case of higher DOA decrease the hash rate value 1-5% depending on your stats and connectivity to the pool.

[b]p2pool node[/b]

If you run your own P2Pool server, please add the following to your startup scripts to add us as a peer

[code]-n mine-ftc.co.uk:19327[/code]

Remonius

Yes. Excellent proposal, it would be great if we could get some of those hashes to support ongoing projects like the Awareness Fund or further development of the coin/wallet/community/etc.

I don’t have a mining rig (yet) so I might be out of place when I say I endorse this, but as soon as those megahashes are set up I would gladly participate in this pool!

Yet another great example of community creativity! That’s a +1 Rep for you my friend.

uncle_muddy

[quote name=“Remonius” post=“53651” timestamp=“1390319225”]
I don’t have a mining rig (yet) so I might be out of place when I say I endorse this, but as soon as those megahashes are set up I would gladly participate in this pool!
[/quote]

That’s the spirit :D

I’ve pointed all of my miners at the pool for now, just to get things moving I know it’s only a small amount but my theory is every little helps.

UM

uncle_muddy

Bit of a shameless bump but…

I have been speaking supplier today and he’s willing to wavier the hosting fees till at least the end of Feb so there’s a little more going into the pot ;)

I’m also looking for someone to hold the fruits of it’s labour until the community vote on a worthy cause for it’s spending. More info can be found [url=http://forum.feathercoin.com/index.php/topic,7147.0.html]here[/url]

UM

PL_CoinTrader

I just changed my settings to support this pool. I have just about 100 kh/s and I don’t mine all day, but I’m going to build a little 700 kh/s rig.
Is there a periodically or/and minimum payout?

uncle_muddy

Payouts are made as blocks are found, this can be very random, there is no minimum payout they are passed directly to your wallet address and show up as mined coins. If you have a look here http://explorer.feathercoin.com/address/6qjeBxfNDA6nUZfruXZksbHk23vgs8sjXv you can see what I mean by random payouts

uncle_muddy

Have a look [url=http://forum.feathercoin.com/index.php/topic,7278.0.html]here[/url] to see where the Pay Back part of this is starting to fit in…

http://forum.feathercoin.com/index.php/topic,7278.0.html

uncle_muddy

Shameless bump ;)

Hoping to get the next bit of this sorted out and with you guys later today

UM

uncle_muddy

and here it is…

http://forum.feathercoin.com/index.php/topic,7362.0.html

Chirale

Uncle_muddy,
Pool and raffle are great! I will redirect my FTC miners to your pool from tonight!
Looking forward catching up at the Oxford blue!
Bye

uncle_muddy

Cheers Chirale, will be goof to catch up again :) see you next week

UM

uncle_muddy

Pool has now been upgrade to 0.8.6.2, I need to reinstall the web interface but mining connections are working and payouts are taking place.

UM

wec

UM,

Did you modify the feathercoin math object code in p2pool/bitcoin/networks.py and p2pool/networks.py to reflect the hardfork changes?

uncle_muddy

wec,

No I didn’t change anything I just did another pull from git. Can someone tell me what needs to updated please? Just taken a look at the code and there looks to be some form of version checking in there, is this something we can use to our advantage?

        VERSION_WARNING=lambda v: 'Upgrade Terracoin to >= 0.8.0.1!' if v < 80001 else None,
    ),
    feathercoin=math.Object(
        PARENT=networks.nets['feathercoin'],
        SHARE_PERIOD=30, # seconds
        CHAIN_LENGTH=60*60//10, # shares
        REAL_CHAIN_LENGTH=60*60//10, # shares
        TARGET_LOOKBEHIND=200, # shares
        SPREAD=120, # blocks
        IDENTIFIER='4665617468657221'.decode('hex'),
        PREFIX='b131010ba6d4729a'.decode('hex'),
        P2P_PORT=19339,
        MIN_TARGET=0,
        MAX_TARGET=2**256//2**20 - 1,
        PERSIST=False,
        WORKER_PORT=19327,
        BOOTSTRAP_ADDRS='pool.maeh.org pool2.maeh.org'.split(' '),
        ANNOUNCE_CHANNEL='#p2pool-alt',
        VERSION_CHECK=lambda v: True,
    ),

wrapper

We (Wellenreiter and I) did a bit of work on this as part of the testing. Spynnaples is now in charge of good Feathercoin p2pool fork.

I’ll contact them and tell them the updates can be ready for the fork. Most of the information automatically adjusted, it might need a couple of tweeks. I do’nt see any point in trying to automate the process sit will be a once only change, we just needs the updated version ready.

Its another reason Pool owners will need more warning.

Wellenreiter

It shouldn’t be a big problem.

In p2pool/bitcoin/networks.py we need to change

 
 SUBSIDY_FUNC=lambda height: 200*100000000 >> (height + 1)//3360000,

to

 
 SUBSIDY_FUNC=lambda height: 80*100000000 >> (height + 1)//3360000,

and

BLOCK_PERIOD=150, # s

to

BLOCK_PERIOD=60, # s

As I’m not very falmiliar with the protocol I don’t know, what the '(height + 1)//3360000 ’ means, so more changes may be needed in that line

uncle_muddy

We could do with knowing for certain, so we can get the guides updated and a few instructions out for those that need to upgrade their p2pool nodes.