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Date: Wed, 15 Dec 2021 21:10:51 +0000
From: yanmaani@cock.li
To: Jeremy <jlrubin@mit.edu>, Bitcoin Protocol Discussion
<bitcoin-dev@lists.linuxfoundation.org>
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Subject: Re: [bitcoin-dev] [Bitcoin Advent Calendar] Decentralized
Coordination Free Mining Pools
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How does this differ from p2pool?
If you've just re-invented p2pool, shouldn't you credit their prior art?
Monero is doing their implementation of p2pool. They have viable solo
mining, as far as I understand. The basic idea is you have several
P2pools. If you have a block time of 10 minutes, p2pool has 20% of
hashrate, and there's 100 p2pool chains, each chain gets 0.2% of net
hash. If you're OK with 20s block times (orphans aren't really a big
problem), you need (20/600) * (0.02/100) = 0.00067% of network hash to
get a payout every 10m.
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