If you have Auto-Withdraw enabled in your account (in the FREE PLAY page), your account balance will go into ‘PENDING’ on Sunday (if your balance is more than 0.00005460 BTC) and you will be able to see this under PENDING PAYOUT on the FREE PLAY page.
Then, if you do not cancel the pending payout, the Bitcoins will be sent to your Bitcoin wallet approximately 24 hours later (on Monday).
source: http://freebitco.in/?r=398104
Guugll Search
http://www.guugll.eu/freebitco-in/
The QoinPro Platform was conceptualized in December 2013 by three people (see: The Team behind QoinPro). Step one was completed on January 23, 2014. The public beta of step one launched on January 28, 2014 and QoinPro successfully incorporated on February 21, 2014. Refer to the table below for a quick overview of our information.
February 2014
Response after the initial posting on the BitcoinTalk forum was overwhelming. Expecting 10-25 registrations after the first post, we were overwhelmed with 2.000+ registrations in the first 24 hours and had to increase capacity by more than 400% twice. Considering the growth, we immediately decided to setup a separate legal entity. On February 21, 2014 QoinPro was incorporated under the name “QoinPro Limited” with business registration number: “62774936-000-02-14-0″.
January 2014
The alpha stage and private beta ended in January and the public beta of phase 1 officially began on January 28, 2014 offering free Bitcoins, Litecoins and Feathercoins to all members with the Fedoracoin automatically being unlocked after three days of being a member.
December 2013
The QoinPro Project was conceptualized by three people Wouter van der Schagt, Dennis de Jong and Roald Andersen-Röed (see: Our Team), the marketing- and business plan was finalized, private investors were found and development began on phase 1 of the 11-phase project. Phase 1 being the multi-coin faucet functionality with a comprehensive incentive based referral- and payment structure.
Our mission statement succinctly describes the purpose of our existence. It guides our actions and decisionmaking process and explains why are we doing what we’re doing. We’ve ensured that our mission statement is aligned with our vision for the future so that our vision eventually becomes a reality.
Our vision of the future
Our primary objectives are to simplify cryptocurrencies, educate our users and facilitate our users in buying, selling, trading, collecting, saving, managing and using them. In other words, assist all our users with all aspects of cryptocurrencies.
With that in mind, we listen to the voice of the community to see what we should improve or develop next. By doing that, and by focusing on our primary objectives we see QoinPro becoming a leading trusted source of information, tools and resources and envision a future where cryptocurrencies are truly accessible and easy to use for everybody.
source: http://qoinpro.com/
Guugll Search
http://www.guugll.eu/qoinpro/
As many of you read this, all the good people of Iceland will have just become about 30 Auroracoin richer, which translates to nearly $350 if current prices hold.
Auroracoin is among the first serious attempts to use a new Bitcoin-inspired crypto-currency to save a flailing European economy.
Based off of Litecoin, itself an alternative to Bitcoin, Auroracoin is the brain child of Iceland’s own Satoshi Nakamoto-like character, who uses the pseudonym Baldur Friggjar Odinsson. While it launched in February, things will get really interesting when it officially begins to get distributed to the 330,000 citizens of the island nation on midnight local time on March 25. The distribution process has been dubbed an “air drop” and will take place in stages over the next year, during which time each citizen is basically allowed to claim a total of 31.8 Auroracoin.
As of this writing, just as the air drop is set to begin, Auroracoin has the fourth-largest market cap of any crypto-currency, with each coin valued at .02 bitcoin or about $11.60. That price has been falling over the past twelve hours leading up to the air drop, and it stands to reason that the price could really collapse once a significant number of Icelanders begin to flood the market by trading away what is basically a gift of crypto-currency, particularly since it’s not clear where Auroracoin can be spent.
Each citizen of Iceland is entitled to a little more than 30 Auroracoin over the next year.
Auroracoin’s biggest weakness could also be the thing that keeps its price from crashing, at least in the short term, and that’s the fact that it’s not very widely known at all, even in Iceland. It is, however, in the radar of Iceland’s government — a Parliamentary committee held a closed-door, off-record meeting on the currency earlier this month.
The Forbes E-book On Bitcoin
Secret Money: Living on Bitcoin in the Real World, by Forbes staff writer Kashmir Hill, can be bought in Bitcoin or more traditional currencies.
Auroracoin is a direct response to the strict capital controls imposed by Iceland’s government, which still make it difficult to move money in and out of the country today, more than five years after they were implemented as a temporary reaction to the financial carnage of 2008. As Odinsson puts it in a manifesto of sorts on the Auroracoin site:
This means that the Icelandic economy is slowly bleeding. The people of Iceland are being sacrificed at the altar of a flawed financial system, controlled by an elite that made astronomical bets supported by the government on behalf of the people and ultimately at the expense of the people.
“The whole point of auroracoin is to provide Icelanders with an alternative to the króna, a currency they are forced by pain of imprisonment to use,” Odinsson told the Wall Street Journal recently. “Icelanders will be free to sell auroracoins anywhere they like and buy anything they like, be it dollars or other foreign currency on offshore currency exchanges. They won’t need permission from the Central Bank or politicians.”
While Auroracoin’s success remains uncertain, crypto-currency fanatics in at least one other European nation will surely be watching closely. Spaincoin, another digital currency with nationalistic ambitions, has announced it’s plans to launch a similar distribution of coins to Spanish citizens in April.
UPDATE (10 p.m. EDT): The Auroracoin site has been nearly impossible to reach since the moment the air drop began two hours ago. However, at least a few Icelanders are already reporting that they were successfully able to claim their coins. The price of Auroracoin has actually increased by over 15 percent as of this moment.
auroracoin begins cryptocurrency ‘airdrop’ to whole of Iceland
One country in Europe that may benefit from a widely-adopted alternative currency, free of central bank constraints, is Iceland, whose entire population — around 300,000 — has just been given a one-off 31.8 unit bag of the fledgling digital currency auroracoin.
Iceland was praised for not bailing out the country’s banks following the country’s 2008 financial collapse, but according to the founders of auroracoin — a new currency based on Bitcoin derivative Litecoin — some of its other responses, such as strict capital controls that are imposed by Iceland’s Central Bank are “slowly bleeding” the local economy.
“These controls were supposed to be ‘temporary’, but as with so many government actions, they remain in place to this day,” said auroracoin’s founder, who goes by the pseudonym Baldur Friggjar Odinsson.
“This means that the people of Iceland have, for the past five years, been forced to turn over all foreign currency earned to the Central Bank of Iceland. This means that the people are not entirely free to engage in international trade. They are not free to invest in businesses abroad.”
Read this
Yahoo ad malware spawned European Bitcoin mining network
Yahoo ad malware spawned European Bitcoin mining network
Read more
So, today, in a bid to escape these controls Odinsson and co “airdropped” 31.8 Auroracoin to every citizen of Iceland, which they can claim at any time over the next year. auroracoin used Iceland’s publicly available national ID database to allocate the payment to citizens and according to a post by auroacoin on Twitter, 2,600 people have claimed their airdrop in the past 12 hours .
auroracoin, which launched in February, earlier this month briefly became the second largest alternative currency by market cap to Bitcoin (excluding the centrally-managed currency Ripple), according to a report by the Wall Street Journal .
With 10.6 million “pre-mined” coins available, auroracoins were worth $39.71 each with a market cap of $381m, briefly putting it ahead of Litecoin’s $423m market cap and Bitcoin’s $8bn for the metric.
But as with other cryptocurrencies auroracoin has seen large fluctuations in its price, and today, any Icelander that wishes to exchange it for US dollars would only get $11.41 per unit. Then again, as Odinsson points out, Iceland’s currency, the krona, has been dramatically devalued relative to the US dollar over the past few decades.
auroracoin’s market cap today stands at $121m, according to Coinmarketcap , which still makes it much higher than Peercoin, Dogecoin, and dozens of others.
After the airdrop, anyone interested in acquiring auroracoins will have to mine or trade them. The initial airdrop was done in the hope of spawning a viable alternative to the local krona.
If adopted, the new currency may provide a partial solution to obstacles that local businesses have in attracting foreign investors.
“[The capital controls have] had a crippling effect on foreign investment, as foreigners in general avoid investing in Icelandic enterprises, because of the risk of not being able to convert their investment back into dollars or euros,” Ordinsson said.
But Iceland’s Central Bank has warned that while it’s up to Icelanders whether they choose to use auroracoin for domestic transactions, use it for cross-border transfers of foreign currency would be illegal under its Foreign Exchange Act.
“The Bank is of the opinion that there is no authorisation to purchase foreign currency from financial institutions in Iceland or to transfer foreign currency across borders on the basis of transactions with virtual currency. For this reason alone, transactions with virtual currency are subject to restrictions in Iceland,” it said this month .
source: http://www.forbes.com/sites/ericmack/2013/12/23/the-bitcoin-pizza-purchase-thats-worth-7-million-today/ & http://www.zdnet.com/auroracoin-begins-cryptocurrency-airdrop-to-whole-of-iceland-7000027676/
Guugll Search
http://www.guugll.eu/national-bitcoin-alternative-auroracoin-launches/
Solid research has proven what many bitcoiners have long suspected; transaction malleability did not play a significant, if any, role in the disappearance of 850,000 BTC from Japanese exchange Mt. Gox.
Christian Decker and Roger Wattenhofer of ETH in Zurich, Switzerland, combed through the blockchain to tally each instance of a potential transaction malleability attack in order to figure out exactly how much Bitcoin was put at risk by the alleged attacks.
Their research concludes:
The transaction malleability problem is real and should be considered when implementing Bitcoin clients.
However, while MtGox claimed to have lost 850,000 bitcoins due to malleability attacks, we merely observed a total of 302,000 bitcoins ever being involved in malleability attacks. Of these, only 1,811 bitcoins were in attacks before MtGox stopped users from withdrawing bitcoins. Even more, 78.64% of these attacks were ineffective. As such, barely 386 bitcoins could have been stolen using malleability attacks from MtGox or from other businesses. Even if all of these attacks were targeted against MtGox, MtGox needs to explain the whereabouts of 849,600 bitcoins.
Of course, 200k BTC was inexplicably “recovered” from a misplaced “old format” wallet earlier this month, which still leaves 650k missing.
If transaction malleability did not result in the loss of 650,000 BTC, then why would Mark Karpeles make up such a story? Some have posited that he is under a “gag order” placed on him by a law enforcement agency investigating drug operations connected to the Silk Road busts, an investigation that has supposedly seized the bitcoins in cold storage.
Such an investigation would not be permitted to cause the exchange to file bankruptcy. The fact is, it will be a long time before the community will actually know what happened to that 6% of all Bitcoin.
Decker and Wattenhofer also discuss the nature of the widespread halting of withdrawals by many service providers following Mt. Gox’s:
Assuming MtGox had disabled withdrawals like they stated in the first press release, these attacks can not have been aimed at MtGox. The attacks therefore where either attempts to investigate transaction malleability or they were aimed at other businesses attempting to imitate the purveyed attack for personal gain. The sheer amount of bitcoins involved in malleability attacks would suggest that the latter motive was prevalent.
It remains questionable whether other services have been informed by MtGox in time to brace for the sudden increase in malleability attacks. Should this not be the case then the press release may have harmed other businesses by triggering imitators to attack them.
The facts presented in the publication bring a new level of dismay when thinking about Mark Karpeles’ comments regarding how people should be thankful for Mt. Gox acting quickly to bring transaction malleability to our attention.
And there is still the question of what exactly happened to Silk Road 2 when they claimed to lose funds to transaction malleability.
Should any further information come to light regarding this, we will be sure to bring it to you here in a new article here on CryptoCoinsNews.
original report:
Bitcoin Transaction Malleability and MtGox
Christian Decker, Roger Wattenhofer
(Submitted on 26 Mar 2014)
In Bitcoin, transaction malleability describes the fact that the signatures that prove the ownership of bitcoins being transferred in a transaction do not provide any integrity guarantee for the signatures themselves. This allows an attacker to mount a malleability attack in which it intercepts, modifies, and rebroadcasts a transaction, causing the transaction issuer to believe that the original transaction was not confirmed. In February 2014 MtGox, once the largest Bitcoin exchange, closed and filed for bankruptcy claiming that attackers used malleability attacks to drain its accounts. In this work we use traces of the Bitcoin network for over a year preceding the filing to show that, while the problem is real, there was no widespread use of malleability attacks before the closure of MtGox.
source: http://www.cryptocoinsnews.com/2014/03/27/malleability-bankrupt-mt-gox/ & http://arxiv.org/abs/1403.6676
Guugll Search
http://www.guugll.eu/evidence-that-transaction-malleability-did-not-bankrupt-mt-gox/
P2Pool is a decentralized mining pool that consists of a network of peer-to-peer miner nodes that anyone can mine or expand.
This guide will show you how to install the P2Pool software, create your own P2Pool node, and join it to the P2Pool network.
We will be using a fork of the original Bitcoin p2pool software, called zen2pool, that has been optimized for scrypt- and progressive-N scrypt-based altcoins. If you would like to install the Bitcoin specific node software, then use forrestv’s version (instead of zen2pool) and substitute references to ‘zen2pool’ with p2pool throughout the rest of this guide.
If you want try P2Pool by just mining at an existing pool, rather than installing and configuring your own node, the see the Test Drive P2Pool guide.
Requirements
This installation process is illustrated with Ubuntu Linux and Execoin, although the latter can be substituted with any other coin such as Anoncoin or Litecoin. It is assumed that you already have a local instance of the coin daemon running with the following parameters:
$ ./execoind -daemon -server -rpcallowip=127.0.0.1
The P2Pool software will later connect to execoind in server mode and will relay mining software RPC communication via the localhost.
If you don’t have the execoind daemon, then you can fetch it from GitHub, compile and start with the command above. Execoin source code is available from GitHub with:
$ git clone https://github.com/execoin/execoin.git
Install Linux package dependencies:
$ sudo apt-get install git python-zope.interface python-twisted python-twisted-web
Now clone the zen2pool source code from GitHub to a local directory (git will automatically create the source directory):
$ git clone https://github.com/venzen/zen2pool.git
Change into the directory and have a look around:
$ cd ./zen2pool
$ ls -l
Build the Scrypt modules
Both the generic and progressive-N scrypt modules are included in the py_modules directory. Let’s build both while we’re at it:
cd py_modules
cd litecoin_scrypt
sudo python setup.py install
cd ../vertcoin_scrypt
sudo python setup.py install
Start the node
Ensure execoind is running as described above and that a RPC username and password are set in the execoin.conf file that execoind would have prompted you to create upon the first run:
$ cat ~/.execoin/execoin.conf
rpcuser=execoinrpc
rpcpassword=
Make sure you’re in the zen2pool application root directory. We’re going to start zen2pool with the following parameter:
–net execoin_zen
–net tells zen2pool to use the ‘execoin_zen’ definition listed in the file p2pool/networks.py
Execute the complete command:
$ python run_zen2pool.py –net execoin_zen
P2Pool node gardenYou should see zen2pool start up and connect to execoind as well as the wider P2Pool network.
If zen2pool complains about “bitcoind taking a long time” – this is a generic message warning that zen2pool cannot make a connection to the coind daemon. Make sure execoind is running and that you are not passing it a -maxconnections= parameter. Stop and restart zen2pool.
If you see the message “Success” and lots of messages with “???” declarations, don’t worry, this is normal – zen2pool is bootstrapping the sharechain, and we have yet to point a miner at this node. Bootstrapping can take anywhere from a few minutes to an hour.
Web Statistics
p2pool web interface
Test your zen2pool web interface by pointing your browser at
http://127.0.0.1:9173
Alternatively, if you’re running zen2pool on a remote server/VPS, substitute 127.0.0.1 with the remote IP address.
Once the sharechain has finished downloading, stop and restart zen2pool. At startup, it will display its progress loading the sharechain from its local disk cache and then indicate that it’s ready for mining by displaying empty local P2Pool stats but a non-zero global hash rate. Startup your mining software and once it has submitted work for about an hour, the statics will be meaningfully populated, and you can monitor your mining in relation to the wider P2Pool network as well as other useful metrics.
Mining your P2Pool Node
You now have the option to point your mining software at your P2Pool node, as well as invite other people to mine the pool.
source: http://www.cryptocoinsnews.com/2014/03/25/create-p2pool-node/
Guugll Search
http://www.guugll.eu/build-a-p2pool-node/
Background
The harnessing of graphic card GPUs pushed mining rates to Gigahashes per second, and recently, the development of ASICs made Terahash rates possible.
Many miners either fell out of the race or were forced to form pools – combining their hashing power in order to mine profitably. So began the era of the mining pools, behind whose power to make or break small altcoins, lay a greater threat: the 51% Attack. More on that later.
The sheer hashing difficulty and cumulative network hash rate of the Bitcoin (and now many other cryptocurrencies) network makes pooled mining a necessity. Whereas much negative publicity surrounds the traditional pools, it must be emphasized that reputable mining pools do exist. One such pool, Eligius, predates P2Pool and was created by Bitcoin core developer Luke-Jr, whose vested trust and community standing guides Eligius operations.
With many other traditional pools, however, this degree of responsibility cannot be assumed, and pool operators have been known to skim payments or even abscond with miners’ funds. Attacks on traditional pools are also frequent due to the lure of fat payroll wallets accumulating there between block pay-outs. Other times, miners may simply want to setup their own pool and control their own mining operation.
This article explores a secure and miner friendly pool implementation that allows profitability while enhancing cryptocurrency networks in many integral ways.
What is P2Pool?
P2Pool is a decentralized mining pool implementation that provides mining operators with a secure, flexible and highly customizable mining platform. The P2Pool network is made up of interconnected nodes – each node representing a mining operator who is running the p2pool software.
Collectively, nodes are connected in a peer-to-peer network arrangement, much like the Bitcoin network itself. There is no hierarchy of greater or lesser nodes, and network state information is shared between nodes. Because blocks are effectively being mined on different nodes across the network, the P2Pool network is said to be “decentralized“. Decentralization a Good Thing for cryptocurrency networks because it enhances security and promotes wider distribution.
Participation
Open Source BitcoinMiners can choose to mine on any public P2Pool node, or they can setup their own node and join it to the P2Pool network. To join the network (i.e. become a node), a miner simply runs the p2pool software on a networked host and then points their mining software at the p2pool instance. There is no fee or registration for setting up a node and the software is free and Open Source. In addition to being inherently secure and customizable, at least one study suggests that – in its default configuration – P2Pool provides miners with a statistical advantage over most traditional pooled mining and, specifically, solo mining.
Even so, P2Pool has characteristics of both solo mining and pooled mining. As with solo mining, the node operator is in charge of their own mining operation with the freedom to configure it as they see fit. Similar to pooled mining, block rewards and network transaction fees are shared amongst all contributors to the pool.
It should be pointed out that, when a miner mines on someone else’s public node (as opposed to setting up their own node), they are sacrificing the greater benefit of network decentralization and could make themselves vulnerable to all of the disadvantages of traditional pools. This is not to say that a group of miners shouldn’t mine the same node, but there is the matter of the greater good for the network and issues of trust involved. Miners should determine this for themselves.
Mining Work
p2pool web interface
p2pool web interface allows miners to monitor progress and statistics
A P2Pool node provides connected miners with low difficulty work. Upon completion of each portion of work, the miner is awarded a pool share. Shares are communicated among P2Pool nodes and assembled into a sharechain – just like the Bitcoin network assembles blocks into the blockchain.
Once the pool finds a block, all contributors are paid directly, according to their shareholding as reflected in the sharechain. Payment is issued by the sharechain and without third party involvement.
Shares and Payment
The notion of ‘shares’ informs all P2Pool mining production and payment. P2Pool enables all connected miner nodes to combine their hash rates and collectively work on creating a transaction block. Each node earns mining shares according to their percentage contribution. Once the mining pool successfully solves a block, each contributing miner is paid their share of the total block reward and associated transaction fees. P2Pool implements a PPLNS reward system and payment always goes directly to a miner’s wallet – not into a central fund or holding account. Because of this transparency and equitability, P2Pool can, therefore, offer node operators immunity to the theft and corruption that clouds centralized pools.
Security
Because information about the P2Pool network, such as share-ownership, block creation progress, and so forth, is stored in the distributed sharechain, there is no single point of vulnerability. No single node can be disrupted in order to compromise the network state. This is a direct benefit of the decentralized design of peer-to-peer networks.
In the event that a node is compromised, there is no mining data to steal or destroy, since all mining shares and payout information related to that node are preserved in the public sharechain. The node operator can reinstall the node, rejoin the network and regain share and state information from the sharechain within minutes.
P2Pool node representation
Representation of the Bitcoin P2Pool node network. Larger nodes have more hashing power.
Another example of how decentralization protects P2Pool is illustrated by the all too familiar DDoS attack. P2Pool is said to be DDoS tolerant:
Whilst a denial-of-service attack does not need to disable all nodes in a network to be effective, in the case of P2Pool there is salvation in the survival of at least one node. A well-orchestrated DDoS attack can disable most (and possibly all) nodes in the peer-to-peer network, yet if only a single node survives – and is able to maintain the sharechain – it can allow the entire pool network to be rebuilt.
This means that the P2Pool network and its most important cargo, namely blocks destined for the blockchain, is more secure in the hands of a distributed network than it would be with a centralized network. Compromise of a central node (or nodes) halts all production and the state of the network is destroyed and most likely lost. This is part reason why the Bitcoin network is based on a peer-to-peer model.
With a centralized pool, there is the possibility that the pool’s combined hash rate exceeds 50% of the entire network’s hash rate. This scenario makes the protocol vulnerable to blockchain manipulation by such a mining cartel, in what has been dubbed the “51% Attack“. In contrast, a decentralized mining pool does not impose it’s combined hash rate directly on the protocol network, and hence cannot manipulate the blockchain in a fundamental way.
Practically, this means that even if 100% of miners were to use P2Pool, there is no take-over risk to the Bitcoin (or any other cryptocurrency) network. In fact, this scenario would mitigate the risk of a 51% attack on the cryptocurrency network.
Secure, more profitable, easy to use. The P2Pool network is live and well, and pools have been established for almost every cryptocurrency out there. Suitable for beginning miners, seasoned 49s and mining operators, the protocol platform is evolving every day and adoption is growing fast.
source: http://www.cryptocoinsnews.com/2014/03/25/p2pool-mining/
Guugll Search
http://www.guugll.eu/p2pool-mining-what-you-need-to-know/
This tutorial will show you how to connect a miner to P2Pool nodes for various cryptocurrencies.
What To Expect
We will select a suitable coin to mine, pass the correct parameters to the miner software and earn shares for pay-out. It is suggested that you run your miner for at least 24 hours to gain maximum shares and know-how from this test drive.
Initially, it will seem as if your mining is not achieving much, but be patient. After an hour or two, you will see your mining shares start accumulating, and some pay-outs should arrive in your wallet after 3-6 hours. This lag is due to the manner in which P2Pool eases your miner into the sharechain at the optimum difficulty setting, as well as the way in which share accumulation gradually builds momentum in P2Pool.
If you decide to stop mining after 24 hours, you will notice that you continue to receive payments on your shares for several hours or even days. It is a slow-but-steady game of patience, and you can expect periods of slow pay-out to be followed by periods of rapid bounty. This is the effect of variance in P2Pool.
The process is similar to mining at a traditional pool, except that there is no registration or login required. You will simply be pointing your miner software at an IP address:port and passing the wallet address (to which you would like to receive payment) as your username. A random, meaningless password is required by the mining software but is not used by P2Pool. For example:
cgminer –scrypt -o http://www.guugll.eu:11327 -u mywalletaddress -p pass
Mining Hardware and Software
Most GPU and ASIC hardware is suitable for P2Pool mining. It is even possible to profitably CPU mine some altcoins with P2Pool! Many miners find that their GPU hardware performs better with P2Pool if they scale back intensity, so experiment with that and see what works best for you. Let’s select a suitable coin for your mining tools.
Connect Your Miner and View Stats
http://www.guugll.eu:11327/static/
You will need a wallet address to pass to the P2Pool node so it can pay your mining shares each time a block is found. Adapt the above miner command line instructions if you’re not using cgminer. Remember that if you’re intending to mine Execoin then you will need to download a scrypt-N capable version of your miner from the Execoin website.
Start your miner and then point your web browser to the same node address and port as used by your miner. You should see the node statistics page which varies from plain text on some nodes to auto-updated graphic displays on others.
p2pool web interface
p2pool web interface allows miners to monitor progress and statistics
Local rate is the hash rate of the node – if you’re the only one mining it should equal your miner’s hash rate
Pool rate reflects the hash rate for the entire pool of connected nodes. This can be a sizable figure but don’t let it intimidate you. P2Pool evens the playing field for all miners!
Shares are accumulated as your miner successfully completes work given to it by the node. Orphan and Dead shares result whenever you’ve successfully submitted work, but were beat to the task by another miner solving the same pieces of work. When you first connect to a node, these tend to increase while the node adjusts your work difficulty. The rate of orphaned and dead shares usually subsides after an hour of mining.
Expected time to share is, as it says, an ETA on your next share award.
Share difficulty is a node specific calculation that shows the average difficulty of work being given to miners on that node. It will always be lower than the coin’s actual difficulty, since this the P2Pool software combines lots of low difficulty work into a higher difficulty block solution.
Expected time to block is an estimate and sometimes miners will find a block after a longer time than stated by this figure – and sometimes much faster. This is where the mysterious and variable element of “Luck” comes into play.
source: http://www.cryptocoinsnews.com/2014/03/25/try-p2pool-mining-profitability/
Guugll Search
http://www.guugll.eu/p2pool-higher-mining-profitability/
