bible_pay (OP)
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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August 30, 2017, 12:56:36 PM |
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Right now the dev team is working on a new pool UI, this way we will have two pools soon, one in beta, on in alpha to split the load, and will give us the ability to debug the new alpha pool with a fallback plan.
I wanted to stop in real quick and ask that everyone consider writing a letter to one of our orphans (using the pool.biblepay.org site | Active Orphan Report | Write) option. We will be adding the ability to see orphans who have not received a letter within 30 days descending, with the goal in mind that every orphan receives at least one letter from us every 60 days minimum. Please ramp that up while we are developing the new features. (In the future you will also be able to add pictures.)
Once the letters are upvoted past 7+, our new API will automatically export the letters to compassion and mark them as sent (those columns will be exposed soon), so rest assured these letters will be delivered to the children we sponsor.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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616westwarmoth
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August 30, 2017, 03:35:44 PM |
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Right now the dev team is working on a new pool UI, this way we will have two pools soon, one in beta, on in alpha to split the load, and will give us the ability to debug the new alpha pool with a fallback plan.
I wanted to stop in real quick and ask that everyone consider writing a letter to one of our orphans (using the pool.biblepay.org site | Active Orphan Report | Write) option. We will be adding the ability to see orphans who have not received a letter within 30 days descending, with the goal in mind that every orphan receives at least one letter from us every 60 days minimum. Please ramp that up while we are developing the new features. (In the future you will also be able to add pictures.)
Once the letters are upvoted past 7+, our new API will automatically export the letters to compassion and mark them as sent (those columns will be exposed soon), so rest assured these letters will be delivered to the children we sponsor.
Great idea on the letter writing. In the future is this going to be the oversight of Sanctuaries? |
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bible_pay (OP)
Full Member
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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August 30, 2017, 03:48:36 PM |
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Right now the dev team is working on a new pool UI, this way we will have two pools soon, one in beta, on in alpha to split the load, and will give us the ability to debug the new alpha pool with a fallback plan.
I wanted to stop in real quick and ask that everyone consider writing a letter to one of our orphans (using the pool.biblepay.org site | Active Orphan Report | Write) option. We will be adding the ability to see orphans who have not received a letter within 30 days descending, with the goal in mind that every orphan receives at least one letter from us every 60 days minimum. Please ramp that up while we are developing the new features. (In the future you will also be able to add pictures.)
Once the letters are upvoted past 7+, our new API will automatically export the letters to compassion and mark them as sent (those columns will be exposed soon), so rest assured these letters will be delivered to the children we sponsor.
Great idea on the letter writing. In the future is this going to be the oversight of Sanctuaries? I would like to decentralize the whole thing. We could have a global sanctuary poll on which charities to fund, and make the "orphan wallet" the 'sanctuary charitable funds' wallet used for approved polls disbursements. They will have the power to allocate a % to each approved charity per monthly vote. I can see decentralizing the fund flow to the charity and continuing to sponsor orphans- but It is not clear how the web letter writing interface, being centralized currently, can be used to write letters to orphans in the future. Our IT dept will need to be nimble enough to provide tools to support the charities as they are funded, and provide ties between the poll guids and the UI entry so the community can execute the required function(s) per charity. |
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oliwer21
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August 30, 2017, 06:24:19 PM |
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4 Hour of mining on pool and 407k h/s and get nothing?
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bible_pay (OP)
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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August 30, 2017, 07:06:34 PM |
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4 Hour of mining on pool and 407k h/s and get nothing?
Correct; I just checked the pool wallet and its last block found was 5388 @ 10:01 AM. |
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616westwarmoth
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August 30, 2017, 07:13:02 PM |
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Is there a way to accurately gauge the global hashrate. Using getnetworkhash gives a pretty small number (2xx,xxx.xxx) unless that is KhS or MhS?
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bible_pay (OP)
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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August 30, 2017, 07:15:08 PM |
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Is there a way to accurately gauge the global hashrate. Using getnetworkhash gives a pretty small number (2xx,xxx.xxx) unless that is KhS or MhS?
Its not worth it- we will have a new algorithm in just 1600 blocks which requires a regauging. In the mean time I think happy came closest. |
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oliwer21
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August 30, 2017, 07:23:43 PM |
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Correct; I just checked the pool wallet and its last block found was 5388 @ 10:01 AM.
So since, 3588 all blocks found solo miners? How i can check how big is h/s of pool atm? |
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616westwarmoth
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August 30, 2017, 07:27:38 PM |
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Ok, I'll find his post (I'd used his sampling methodology before to estimate the network hash rate but wasn't sure if there was an easier way to accomplish it internally that I had overlooked).
Other question, when a new block is generated, it appears (in the blockchain explorer) that the entire subsidy (usually in the high 19K range) usually goes to a single wallet. Shouldn't every block go 90% to the finders wallet and 10% to the orphan wallet? Or is there something I'm overlooking?
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616westwarmoth
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August 30, 2017, 07:38:59 PM |
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Correct; I just checked the pool wallet and its last block found was 5388 @ 10:01 AM.
So since, 3588 all blocks found solo miners? How i can check how big is h/s of pool atm? Add up the leaderboard or the last block paid. Right now the leaderboard is 15.9MhS and the last block paid was 16.9MhS. On 08/29 I got paid on 26 blocks and there were fewer than 148 found (since block 5533 was on 08/30 and block 5185 was on 08/28, but that's good enough for my ballpark). So using a single data point of 08/29 the pool found just over 17.5% of the blocks (call it 18%), and using the single data point of last block paid had an approximate rate of 17MhS. That would infer the global hashrate is approximately 95 MhS give or take. So a solo hash rate of 95KhS would give give you approx 1 block per five days but since the block generation has been slower then one per 7 min, a week would be more realistic. Given the way probability works, you'd have about an 85% chance to get one in ten days at the current slow rate. |
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inblue
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August 30, 2017, 07:52:32 PM |
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Other question, when a new block is generated, it appears (in the blockchain explorer) that the entire subsidy (usually in the high 19K range) usually goes to a single wallet. Shouldn't every block go 90% to the finders wallet and 10% to the orphan wallet? Or is there something I'm overlooking?
Full reward from every tenth block (ending in 0) goes to the orphan wallet and full rewards from other 9 blocks go to miners/pool. You can check this out in the explorer by looking at the address labels. |
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bible_pay (OP)
Full Member
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Activity: 1176
Merit: 215
Jesus is the King of Kings and Lord of Lords
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August 30, 2017, 09:54:14 PM |
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Hmm, Im unable to reproduce this. On my 64bit windows desktop I navigate to: www.biblepay.orgClick download 64 bit windows wallet. Open download folder. Copy file to c:\ Run new file. No installer error; 1.0.2.5 loads over old version. Runs. Please clarify where you are downloading from and how you are saving it. |
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m4tsby
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Activity: 126
Merit: 10
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August 31, 2017, 12:24:05 AM |
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This was happening to me on 1 machine - WIN10 64, tried uninstalling BBP, running CCleaner, etc.. I ended up opening CMD prompt and browsing to the path of the installer and typing it out. After the .exe enter "/NCRC" and it should bypass that error. Some are able to drag the installer into CMD but that would not work for me. Tried dropping the .exe in multiple folders but that wasnt the issue. So.. just CD to the path and "xxxx/xxxx/biblepay.exe /NCRC Worked for me - showing latest wallet |
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616westwarmoth
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August 31, 2017, 03:55:45 AM |
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Other question, when a new block is generated, it appears (in the blockchain explorer) that the entire subsidy (usually in the high 19K range) usually goes to a single wallet. Shouldn't every block go 90% to the finders wallet and 10% to the orphan wallet? Or is there something I'm overlooking?
Full reward from every tenth block (ending in 0) goes to the orphan wallet and full rewards from other 9 blocks go to miners/pool. You can check this out in the explorer by looking at the address labels. Thank you for clarifying this, I never saw that in the write-up and am glad that is the case. I would then infer when Sanctuaries come on line they'll get the full reward of every tenth block ending in 5. |
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oliwer21
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August 31, 2017, 05:45:20 AM
Last edit: August 31, 2017, 06:10:51 AM by oliwer21 |
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Hmmm... i'm a bit confused... you don't get reward untill you will be mining on "specific" block, not energy you spend to get to this block.
All you work to help pool to get through "empty" blocks is waste of time untill you will be mining when pool find "this" block. So it sounds it's a coin for big fishes that mine ofr 24/7... for ocasional miners its waste of time?
Edit: dont get me wrong but on 8 hrs on mining i get nothing but if i would mine a hour longer i would get reward from two blocks... isn't thats a bit unfair?
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deepcryptomine
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August 31, 2017, 06:08:09 AM |
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Is the pool down? My wallet has reverted to solo mining. Hopefully will be able to find a block with my mighty hashrate of 50khps  |
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616westwarmoth
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August 31, 2017, 06:16:07 AM |
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Hmmm... i'm a bit confused... you don't get reward untill you will be mining on "specific" block, not energy you spend to get to this block.
All you work to help pool to get through "empty" blocks is waste of time untill you will be mining when pool find "this" block. So it sounds it's a coin for big fishes that mine ofr 24/7... for ocasional miners its waste of time?
Each pool operates differently, but assuming this one does like a lot do follow the fake numbers here. Lets say we're trying for block 1 on a pool with just you and I, you contribute 2 units of work and I do 2 as well. Solo miner finds block 1. So we pool miners shift to working on block 2 (like everyone else does). Again you contribute 2 units of work and I contribute 2 units. Our two-man pool finds block 1. Since you contributed 4 units of work and I contributed 4 units of work, you get 4/8 of the reward and I get 4/8 of the reward. So now, imagine we didn't find block 1, and I had to leave because my power went out. You contribute 2 units of work to blocks 2 3, 4 and find block 5. You would get 2+2+2+2+2+2 or 12 shares, and I'd get 2+2, 4 shares. The same is true of a pool with 100 miners, like the Dev's pool. If you mine for an hour, no block is found, you still earned shares. The upside is with an average of 7 minute blocks, sporadic mining (like maybe you only mine at night when no one needs the home computer) don't realistically impact to a large degree. Yes, you'd do better if you mined 24/7, but you're not going to be punished for only mining 8 hours a day (or an hour a day) beyond the fact you're only contributing shares when you're active and you get paid for your shares. |
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