Hydrapool had it's first outing over the last few days. Reaching 1.4EH/s and handling 1500 peak worker connections without breaking too much sweat. - Built in rust, with excellent test coverage makes it easy to extend and maintain. Got an idea for a novel payout system, come give it a try on hydrapool - Support for Solo and PPLNS accounting. Want to play with a novel accounting method. Come try it on hydrapool - Exposes a web endpoint to fetch all user shares, so anyone can audit the pool - Comes with a Grafana dash and Prometheus metrics so anyone can build a dashboard they like. D++ built one already

256 Foundation • Hashdash

Real-time hashrate visualizer and mining dashboard powered by Hydra Pool.

- Tight collaboration with P2Poolv2 libraries. So all this is only going to get tighter and more robust as we use it more and more.

GitHub

GitHub - 256foundation/hydrapool: Open Source Bitcoin Mining Pool

Open Source Bitcoin Mining Pool. Contribute to 256foundation/hydrapool development by creating an account on GitHub.

Shout out to @256foundation for supporting and more importantly for inspiring the work! Dismantling the proprietary mining empire. ✊🏽

Some more testing of our stratum server today. Realised our starting difficulty was too low. Fixed that. Thanks to the tester today who spent an hour on our matrix chat patiently waiting while the starting difficulty issue was discovered. Our matrix room

You're invited to talk on Matrix

You're invited to talk on Matrix

We are tying some loose ends on the difficulty adjustment algorithm. Aiming to sort this out over the next couple of days. Then PPLNS!! #hydrapool #p2pool

Why #P2Pool? Am infographic by chatgpt

If you want to make profit, build a centralised service. The corollary is the fun thing: If you are building a centralised service, you will need to make a profit. The corollary is true because you need cap ex to maintain and secure a centralised service. I am thinking of mining pools when I am thinking of such services.

Every machine has had the same history – a long record of sleepless nights and of poverty, of disillusions and of joys, of partial improvements discovered by several generations of nameless workers, who have added to the original invention these little nothings, without which the most fertile idea would remain fruitless. More than that: every new invention is a synthesis, the resultant of innumerable inventions which have preceded it in the vast field of mechanics and industry. The author might as well be talking about #FOSS. But I think he's talking about all machinery, all software!

We have a new stratum server implementation in Rust over at P2Poolv2. Here's why: 1. CKPool is great, but it's complicated and it's written in C.. It is very hard to extend or change. I tried as part of hydrapool effort for 256 Foundation telehash. We ran into issues at load with our changes. Enough to tell me, we need something easier to maintain and extend. 2. C doesn't make it easy to use async programming model where a core is freed while a thread waits for IO. You can do it, but the code gets complicated quick. We wanted to use modern tools like Rust's async/await so we can maintain and extend the server in future. 3. DATUM is again in C. On top of that it's tied to Ocean's model of block template protocols that we don't need in hydrapool or P2Poolv2. Messing with C or to forking the project wasn't a road we wanted to go down on. 4. SV2. This was the closest to our plans and we first tried to use the SV1 components for our user case. However, the code base was more complicated than we expected. There's good reasons for it, SV2 is opinionated to serve the SV2 model and it kind of created issues for us as we wanted to just use the SV1 parts of it. @plebhash and @gitgabe helped a lot, but in the end I took the opportunity to just dive in and write our own. ## So where are we now? We have the server working. It replicates the CKPool behaviour as closely as possible. We have tested with cpuminer and bitaxes. ## Next steps: We are running some load tests to compare our implementation to CKPool. Results coming soon. We need to test our implementation with variety of firmware. ## How can you help? You can help us test by pointing a machine for 5 minutes. That's all we need. We'll log the interaction and if there's any failures we can fix it using the logs. We will set something up soon and invite testers. BTW, initial load tests are showing we are competitive with CKPool. Rust can be fast! 🚀🚀 The repo is here:

GitHub

GitHub - p2poolv2/p2poolv2: P2Poolv2 - Rebooting P2Pool for Bitcoin

P2Poolv2 - Rebooting P2Pool for Bitcoin. Contribute to p2poolv2/p2poolv2 development by creating an account on GitHub.

Stratum server is under the startum crate. Just want to add that building stratum server has directly informed how we want to disseminate block templates and shares on P2Poolv2. That's another post though.

Rust makes it very easy to write code that will be very hard to understand by someone else, including your future self. One responsibility we have as rust programmers is to write code that'll be easy to understand. Think before you write the prompt! Think about what the AI gave you, then have a cup of tea and think some more.

CTV on its own is not the solution P2poolv2 is looking for. It doesn't help in reducing in chain foot print that much and requires miners to exchange extra on chain information. 1. We need log n outputs to create a ctv tree of outputs. 2. When a miner spends his output, it needs to have the rest of the outputs of its siblings as other unspent outputs. The siblings then need to watch the chain to see which utxo they can spend and each utxo spend uses more on chain space as ctv outputs for siblings to spend. All the of the above is complex and still eats block chain space like a monster. Meh. We need something better. As an MVP, p2poolv2 is using simple atomic swaps between sharechain with transactions and BTC.

Kulpreet’s Blog

Rebooting P2Pool For Bitcoin

P2Pool for bitcoin was a decentralised mining pool for bitcoin that provided miners way to build block templates and earn payouts directly from the...

#p2pool

Coming soon - vibe reading!

"Bitcoin is a movement of people" - Matt Odell Eric Voskuil has something very similar in the past. Bitcoin lets us resist "by other means", where we share the risk. Go Bitcoiners!

Exploring YakoHonne. Really nice interface, plus the attempts to "verified notes" is interesting too.

Yakihonne

YakiHonne: The Two Pillars of Decentralized Media

Yakihonne is ready to build up a decentralized media stack. The stack has two pillars : decentralized publication and decentralized content moderat...

First, a cult is the flipside of a wise crowd. The cult patterns seemed accurate, and I watched people applying the cult model to others over and over. Any intense group, family, business, or team starts to resemble a cult, in little or larger ways. It's a matter of degree. However, as soon as you spend your free time on someone else's project, you are essentially starting to slide down that slope. I watched as entire groups went off the rails, unable to think straight or produce accurate results. There was a straight causal effect: as the group became more cult-like, they became more useless. https://hintjens.wdfiles.com/local--files/books/social-architecture.pdf