diff --git a/pkgs/by-name/p2/p2pool/package.nix b/pkgs/by-name/p2/p2pool/package.nix
index 04a838876267..75c5a157647b 100644
--- a/pkgs/by-name/p2/p2pool/package.nix
+++ b/pkgs/by-name/p2/p2pool/package.nix
@@ -16,13 +16,13 @@
 
 stdenv.mkDerivation (finalAttrs: {
   pname = "p2pool";
-  version = "4.14";
+  version = "4.16";
 
   src = fetchFromGitHub {
     owner = "SChernykh";
     repo = "p2pool";
     rev = "v${finalAttrs.version}";
-    hash = "sha256-osVzCx5h52qbSG4iwd3r7lsxtkqakGDJp6W3Xfs0t4E=";
+    hash = "sha256-PXJT+hFLD4LSy11/FvzDhi3RdsDYuzcxqr3nYn5XzDk=";
     fetchSubmodules = true;
   };