Maybe this is a dumb question, but I've got p2pool running on Ubuntu. I have Bitcoin-qt obviously, but why is bitcoind not installed on my system? Where is my computer storing the blockchain? Don't I need to install bitcoind immediately? I'm just lookin to be as efficient as possible and I have plenty of hard drive space. Thanks!
You must have bitcoind running if p2pool is working. By default it stores stuff in ~/.bitcoin