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78 lines
4.5 KiB
Markdown
78 lines
4.5 KiB
Markdown
# Monero P2Pool
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Decentralized pool for Monero mining.
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**NOTE** This is a highly experimental and untested software. I did some extensive testing locally, but there's zero guarantee it will work for you! It requires a custom monerod version and a specially configured Monero wallet (for now). No binaries or usage instructions are provided yet. Testing on testnet will start soon! No ETA on the official release date, but hopefully before the end of September 2021.
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## Pool mining vs Solo mining vs P2Pool mining
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Here's the comparison table of the different ways of mining. While pool mining is the easiest to setup, it centralizes Monero network and pool admin gets full power over your hashrate and your unpaid funds. Solo mining is 100% independent and the best for the network. P2Pool mining has all the advantages of solo mining, but also makes regular payouts possible.
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|Pool type|Payouts|Fee|Min. payout|Centralized?|Stability|Control|Setup
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|Centralized pool|Regular|0-3%|0.001-0.01 XMR|Yes|Less stable due to pool server outages|Pool admin controls your mined funds, what you mine and can execute network attacks|Only miner software is required
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|Solo|Rare|0%|0.6 XMR or more|No|As stable as your Monero node|100% under your control|Monero node + optional miner
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|**P2Pool**|Regular|0%|less than 0.0005 XMR|No|As stable as your Monero node|100% under your control|Monero node + P2Pool node + miner
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## Features
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* Decentralized: no central server that can be shutdown/blocked. P2Pool uses a separate blockchain to merge mine with Monero. Pool admin can't go rogue or be pressured to do an attack on the network because there is no pool admin!
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* Permissionless: there is no one to decide who can mine on the pool and who can't.
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* Trustless: there is no pool wallet, funds are never in custody. All pool blocks pay out to miners immediately.
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* PPLNS payout scheme
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* **0% fee**
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* **0 XMR payout fee**
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* **Less than 0.0005 XMR minimal payout**
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* Fast block times, down to 1 second
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* Uncle blocks are supported to avoid orphans - all your shares will be accounted for!
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* Configurable PPLNS window size and block time
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* Advanced mempool picking algorithm, it creates blocks with better reward than what monerod solo mining does
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* Password protected private pools
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## How PPLNS works in P2Pool
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First you need to find a pool share. This share will stay in PPLNS window for 2160 pool blocks (6 hours). The moment P2Pool finds a Monero block and you have at least 1 pool share in PPLNS window, you'll get a payout! Monero block reward is split between all miner wallets in PPLNS window. Each miner gets a part of block reward proportional to the total difficulty of his/her shares in PPLNS window.
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**NOTE** If P2Pool doesn't have enough hashrate to find Monero blocks faster than every 6 hours on average (~15 MH/s), not all pool shares will result in a payout. But in the long run, your payouts will average out to what you'd get with regular pool mining.
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## Default P2Pool parameters
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* Block time: 10 seconds
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* PPLNS window: 2160 blocks (6 hours)
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* Minimum payout = Monero block reward/2160, currently ~0.0004 XMR
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## Build instructions
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### Ubuntu 20.04
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p2pool binary. Build might fail with clang compiler, it was only tested with GCC!
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```
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sudo apt update && sudo apt install git build-essential cmake libuv1-dev libzmq3-dev libsodium-dev libpgm-dev libnorm-dev libgss-dev
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git clone https://github.com/SChernykh/p2pool
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cd p2pool
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mkdir build && cd build
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cmake ..
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make -j$(nproc)
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```
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monerod binary compatible with p2pool:
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```
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sudo apt update && sudo apt install git build-essential cmake pkg-config libssl-dev libzmq3-dev libunbound-dev libsodium-dev libunwind8-dev liblzma-dev libreadline6-dev libldns-dev libexpat1-dev libpgm-dev qttools5-dev-tools libhidapi-dev libusb-1.0-0-dev libprotobuf-dev protobuf-compiler libudev-dev libboost-chrono-dev libboost-date-time-dev libboost-filesystem-dev libboost-locale-dev libboost-program-options-dev libboost-regex-dev libboost-serialization-dev libboost-system-dev libboost-thread-dev ccache doxygen graphviz
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git clone https://github.com/SChernykh/monero
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cd monero
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git checkout p2pool-api
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git submodule init && git submodule update
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make -j$(nproc)
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```
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## How to test
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First p2pool test on testnet was successful. Mainnet test will start soon!
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## Donations
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If you'd like to support further development of Monero P2Pool, you're welcome to send any amount of XMR to the following address:
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```
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```
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