Re: [600 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool
but hey guys what's going on? in the last 20 days p2p lost about 70 out of 250 active users / addesses (although the hashrate scores 1ph more), share diff of the pool is very high for those who do not have a farm, I personally with 3 th / s i have not done a good share in the last 20 hours ... there is no way of remodulating the share diff of p2p so that it is not so difficult for small-scale miners have a decent payout and a little more stable? ok accept the variance I can tolerate, but it seems clear that many users they are leaving the pool
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All I can tell you is that I am pumping out 4TH and a few months ago I was getting around 100.oo a day give or take a few good days and a few bad days...BUT - now I am lucky to get 10.oo to 12.oo per block and with 2 to 4 per day I am making no money and my electric is way over 1000.00 per month.
I am just about to give up on p2pool and see what happens else where........ Its just not doing it for me these days?
Any thoughts from anyone is welcome .........
I love it here but I am just at a point of killing myself!
I hate to stop but its about that level I think....
Dont want to put another 5000.00 into machines to just break even in 3 months.....
For example I switched my terraminers back over to BTCGuild a few weeks back because I found they suffered the 20% loss problem just like the S2's (it's about 10 pages back in the thread I think). The 3.2TH/s over at BTCGuild were making the same amount on average per day than they were pointed at p2pool - roughly .05 - .07 BTC per day depending on luck. Now, I say on average per day, because BTCGuild is larger and finds more blocks so you get more frequent, even payouts, while p2pool has less blocks but less folks so your payouts are less frequent but more value.
A few months ago those same terraminers were making more than double that per day on BTCGuild.
In the past 3 months we have had to go from the original 3.2TH/s up to our current over 10TH/s to keep our payment amounts at the least even with when we started.
That's the nature of the BTC mining beast. Difficulty rises, and you need to invest in the same % hash upgrades to your farm to keep your payouts the same. If you don't, your income trails off and you are in the position now where you're making less and it's costing more to make less.
There's a thread here - https://bitcointalk.org/index.php?topic=416933.0 - where they did a comparison of 3 pools - p2pool, BTCGuild and Eligius - where they pointed 6 S1's at each pool. The most important thing to look at is how over time since January you will see the payouts per week dwindle down from 3 BTC per week when it started to less than 0.5 BTC now, 8 months later. You can see how the same hashrate becomes less and less over time, if it stays the same and is not increased.
I hope this helps to answer your questions. By all means, please go ahead and try other pools and see what it's like. I just personally think it's not going to make a very large difference either way.
I love mining and all of it, but I dont want to take my money and invest thousands more and be behind the eight ball for months to catch up like I did with this 5000.00 investment on the 4 T. I am finally ahead of the game and made a few bucks.
I am at that crossroad.... yes I could invest again and start all over...... I dont know its a dilemma that I have to come to grips with. Maybe I will sell off all of my S-1's and just run 1 S-2 at some pool to keep my hands and head in the game............ Thanks for your thoughts as thats all I was looking for!......
Nobody understands this crazy game we play but those of us wrapped up in it!!!