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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Collaborate with fellow miners to uncover blocks collectively, where any successful discovery results in each member receiving a portion of the associated reward. Alternatively, you can mine independently, securing the entire block reward if you are the one to find a block, although deductions for pool fees will apply. Confirmations of balances occur hourly, requiring a total of 100 confirmations for a block to be officially verified before the balances are processed. Hashalot covers transaction fees for all balance disbursements, which are factored into each pool's fees. Once a block receives confirmation, the rewards are distributed based on the contribution made by each miner involved in the block's discovery. Each share carries a definitive value, unlike PPLNS, where shares eventually expire after a certain period. This payout structure ensures that the miner who discovers the block is rewarded with the full block reward, minus any applicable pool fees, making it particularly advantageous for those with substantial hash power. Moreover, this collaborative approach not only enhances the efficiency of mining efforts but also fosters a sense of community among miners working toward a common goal.

Description

P2Pool functions as a decentralized Bitcoin mining pool by establishing a network where miner nodes connect directly with one another. Unlike traditional mining pools, P2Pool enhances Bitcoin's security against threats such as double-spending and 51% attacks. Although the initial configuration of P2Pool may require more effort, it delivers similar payouts while presenting higher variance and eliminating reliance on a pool operator’s trustworthiness. Following the activation of SegWit, users of P2Pool are advised against mining SegWit transactions, as these are not compatible with previous versions of the software. However, a new version will be released once v17 shares are activated to lift this limitation. After the sharechain is fully downloaded, users can expect to see indicators like the pool hashrate display (for instance, Pool: 115TH/s), which signifies that the setup process is complete. As evidenced by the timestamps, the download took roughly one and a half minutes; however, this duration can fluctuate based on your CPU performance and Internet connection speed. Ultimately, the flexibility and enhanced security features make P2Pool an appealing option for many miners.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitcoin

Integrations

Bitcoin

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

1% Fee
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Hashalot

Website

hashalot.net

Vendor Details

Company Name

P2Pool

Founded

2011

Country

United States

Website

p2pool.in/

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