P2Pool is a decentralized Crypto mining pool that works by creating a peer-to-peer network of miner nodes.
As opposed to usual pools, P2Pool helps to secure against double-spending and 51% attacks.
P2Pool provides equivalent automatic payouts with a higher variance and no need for trust in a pool operator.
How to use:
Just connect your Asic miners or Nicehash-power to: poolmining.net:Port of the pool you want to mine to.
Serverlocation: EU, Germany
Use your wallet address that fits to the coin you want to mine as your username. (do not use a shorttime transfer address)
All payouts are immediatly done by the worldwide p2pool system (PPLNS) when a block was found.
No matter when the Node restarts and the share counter resets to zero.
Your accepted shares are all stored safe in the global sharechain of P2Pool and will be paid when a block is found.
If you do not want to buy expensive miners including a lot of power costs, simply rent hashing power:
When using nicehash with p2pool, sometimes you need to change the difficulty.
Use the pool testing tool at nicehash and add the needed diff with a + to your address, just like (SHA256):
One of the best and safest exchanges for cryptocurrencies to EUR is Coinbase:
The coinbase wallets are working with the p2pool system, its the shortest and cheapest way to change your coins direct into Fiat money.
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🙂 Thanx a lot 🙂