Can someone explain to me how p2pool works? How is it different than a regular pool, and what are the pros/cons?
Thanks in advance!
edit-- nvm, did a quick google search. -.-
Well, can someone explain to me how to go about picking the best p2pool? I don't really understand how to go about choosing one (or are they all the same?). What should I be looking for? My hash is about 2.2 Mh/s
Closest (ping) one is good. They're near enough all the same, except for any that try to scam you (cheating the payout) or are just broken.
The concept of p2pool is to coordinate miners using a set of nodes, this is a decentralized pool. The main advantage, is that you can have your own node, this will get you a lot less DOA (dead on arrival), and an efficient result. All the nodes add their hashrate power, and the payout is done block per block among the miners, and based on their shares. This is here a PPLNS payout.