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Author Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)  (Read 243200 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (345 posts by 1+ user deleted.)
hvdb
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December 31, 2017, 07:02:33 AM
 #2021

So even with 9 minute block spacing, we should try to figure out if more people are solo mining.  The pool is only solving about 22% of the blocks now, vs 45% last week.

So I took a look at the last 20 blocks, and the pools ratio being reported is correct.  (Pool solved 5 out of 20).  Leading me to believe we have more solo miners.  

Alex, can you help us out?  Can you verify out of the last 1000 blocks minersformen only solved one?

Im finding it hard to believe solo mining is increasing while our pool miner count is also increasing (now above 2000 miners).




Me too.
It now looks like we havent found a Block in couple of hours?

   Last Height Mined:   23534 (12/30/2017 9:29:25 PM)

(Itsnow around 1 am Right? Not sure because of the Time zone differences.. here ut is 8 am🙂)

Looking at the number if miners and Power we should have found More... Lots More

Can't believe there are a lot of People solo minung.

CryptoMaskNL
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December 31, 2017, 07:05:05 AM
 #2022

Anyone else running a pool?
If I look at last 24h we had (based on the report) blocks 23384 till 23534 and that are 150 blocks where we mined 45 of them.
So like a third of all blocks if i'm right.
canopus11
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December 31, 2017, 08:02:29 AM
Last edit: December 31, 2017, 08:15:58 AM by canopus11
 #2023

Quote
I'm getting a penny from the pool fees?  No, they are going back to the other users.

all pool fees going to whom users?

masternode for 2500$?  im confused


coinmarkets offer max Total: 162 614 BBP
and on CCEX is 1 550 001 BBP for 0.812 BTC (12750$)= 10 353$      

if you have BBP for 2500$ for masternode can i buy from you?  Cheesy  hehe

znfall very interesting screens,thanks for it  Wink and yeah Rob had true about that long block time

Oops, I was thinking we only doubled in price since our $1250 masternode, my fault.  We are at $6200 masternode now according to last homogenized quote. (See coinmarketcap).

The temporary pool fees allow the pool to recover its balance, so that as people withdraw they are paid.  The has outstanding a/p owed over its 1753 accounts.

next your fault coinmarkets offer only 150 000 BBP, how you can to buy 1.55M BBP from there market?  price for masternode is over 10 000$

west next your fault, minersofmen is dead last days

CryptoMaskNL exists only 1 pool .. pool.biblepay.org

and something is wrong with our pool ... difficulty doesnt so high and dont believe that exists so much solo miners  Undecided
aikida3k
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December 31, 2017, 08:37:47 AM
 #2024

You're from Portland Oregon?

Your bitcointalk activity level has reached 42. Ironic.

And the beast was given a mouth uttering haughty and blasphemous words, and it was allowed to exercise authority for forty-two months.

 https://imgur.com/rLWfwID

biblepay ranks 666. ironic

zer01112
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December 31, 2017, 09:08:05 AM
 #2025

What is the current pool fee in robs pool?
slovakia
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December 31, 2017, 09:09:07 AM
 #2026

zer01112 investor358 wrote here 10% mandantory+17%pool fees   27%  Roll Eyes  he lost our coins then setuped this fees,cos hacker stole all our coins from his pool

oliwer21
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December 31, 2017, 09:21:03 AM
 #2027

 The Block Reward is split 40% Miners, 40% Sanctuaries (Masternodes), 10% Charity, 5% IT, 2.5% PR, 2.5% Pay-To-Preach.


After lunch mn i realised why Rob was so pushig them till xmas...  Merry Xmas for MN owners. 6200$ nice present for NOTHING(computer/power usage) and they can even set miner on this comp and still run MN... and we give 10% Charity...
I think our real oprhans are mn owners.. Grin
To be clear, I kow mn are good for coin but i dont think we need them so much right now...
oliwer21
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December 31, 2017, 09:25:01 AM
 #2028

Rob thank you again for all of your hard work!!!
These challenges make BiblePay even stronger.
But I am sorry you bear the majority of the work/burden. I will keep continuing to help as much as I can.

It seems like we will continually have to deal with those that are misinformed, mean, attacking and trolling.
You mentioned in the beginning of the project that there may even be coordinated attacks on BiblePay going forward.
There has been more FUD spreading recently on the Reddit from two new accounts, as well as investor above who is a new account.

===

If you believe that BiblePay is a scam, or that Rob is a scammer, then why not walk away?

If Rob were Putin(but he is not), You could be one of guys from "Troll factory" in St.  Petersburg...
zer01112
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December 31, 2017, 09:35:33 AM
 #2029

zer01112 investor358 wrote here 10% mandantory+17%pool fees   27%  Roll Eyes  he lost our coins then setuped this fees,cos hacker stole all our coins from his pool

Hope they will be reduced again soon....

Thank you!
CryptoMaskNL
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December 31, 2017, 10:35:13 AM
Last edit: December 31, 2017, 01:58:49 PM by CryptoMaskNL
 #2030

hey all,

What are the block rewards for BiblePay per new block?
If I look at explorer I always see two values per block like:
https://biblepay-explorer.org/tx/80c48baf052752cebb2d693d4e2edbc8c2aebfd5dd011caff7acdab6262db1b3

Is the reward then ~7k for one block or  ~14k

Just learning this  Wink

Edit:
Figured it out myself.

Block reward is around ~14k BBP.
50% goes to the pool and 50% to Masternode.

First page shows masternodes get 10%  Roll Eyes

So 100% = ~ 14k BBP
Masternodes 50%
Donations 10%
Pool Fees 17%

Does that mean miners get 23%  Angry
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December 31, 2017, 10:48:38 AM
 #2031


Quote



Id appreciate it if you guys could check this out, as this is what I suspect, as Im still working on the pool and cant stop.

Please check two days ago when we had 1500 miners, the diff was around 400, see how many blocks we solved.

Then see how many we solved in the last 24 hours and what the average timespan is between blocks.

I bet the avg timespan increased between blocks to double, because our diff has not doubled, and I highly doubt minersofmen solved all those blocks (they show One block solved in the tx history there).

IF we doubled our timespan between blocks, that explains the problem.





Thanks for the hints Rob. I'll take a look once I get home from church in a few hours.

znaffl ... I think it's incredible how you live a day in the future ... some day you must explain how you do that!

Haha, yes, and in 10 minutes it will be 2018!
Happy New Year all!
warbird023
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December 31, 2017, 12:08:30 PM
 #2032


It's important to remember the pool software is open for anyone to run a pool.  And how many pools do we have?  Two, the Dev's original and a secondary pool at MinersofMen.com  Running a pool, if it is as profitable as you allude, would be a far better investment than Sanctuaries, but somehow we have 72 Sanctuaries and only, oh yeah, TWO pools.  So either everyone here is brain dead (in which case, you're wasting your time to educate us) or pools are NOT so lucrative.


Sorry, Comparison of running a Pool or a Masternode is imo like Apples and Pears.

My (technical)view of running a Sanctuary is thats nearly equal to run a Wallet/Miner via Commandline on a vultr Box.
For the Pool you need a Windows Server reachable from the Internet. imo a security Nightmare.
saintarchimedes
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December 31, 2017, 02:01:38 PM
 #2033

setting up a pool looks like a pain.

anyway to implement a linux server?
bible_pay (OP)
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December 31, 2017, 02:20:09 PM
 #2034

zer01112 investor358 wrote here 10% mandantory+17%pool fees   27%  Roll Eyes  he lost our coins then setuped this fees,cos hacker stole all our coins from his pool
How do you get 27% from 17%? 

Oh so you are really on Adrianbits team? 

I didnt see any thanks when the pool fees were dropping .01% per day and got down to .04%...


🕇 BiblePay 🕇
🕇  Announcement | ForumSlackDiscordRedditTwitter | SouthXChange  🕇
🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
bible_pay (OP)
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December 31, 2017, 02:20:41 PM
 #2035

setting up a pool looks like a pain.

anyway to implement a linux server?


It would be about $600,000 to port to linux.  Its on windows for a reason.

🕇 BiblePay 🕇
🕇  Announcement | ForumSlackDiscordRedditTwitter | SouthXChange  🕇
🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
bible_pay (OP)
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December 31, 2017, 02:23:47 PM
 #2036

 The Block Reward is split 40% Miners, 40% Sanctuaries (Masternodes), 10% Charity, 5% IT, 2.5% PR, 2.5% Pay-To-Preach.


After lunch mn i realised why Rob was so pushig them till xmas...  Merry Xmas for MN owners. 6200$ nice present for NOTHING(computer/power usage) and they can even set miner on this comp and still run MN... and we give 10% Charity...
I think our real oprhans are mn owners.. Grin
To be clear, I kow mn are good for coin but i dont think we need them so much right now...

Yeah, but you wont be whining when our price is 900% higher thanks to the Sanctuary economy, my little whining friend...


🕇 BiblePay 🕇
🕇  Announcement | ForumSlackDiscordRedditTwitter | SouthXChange  🕇
🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
bible_pay (OP)
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December 31, 2017, 02:30:52 PM
 #2037

A reminder to new comers...

Biblepay Paper Wallet
https://biblepaywallet.github.io/

Rob - Would be great to get a link off the main website under wallets at some point!

Added to the OP and added to the website downloads section.

🕇 BiblePay 🕇
🕇  Announcement | ForumSlackDiscordRedditTwitter | SouthXChange  🕇
🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
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December 31, 2017, 02:32:55 PM
 #2038

Lets take a breather and stop and focus on the budget.  The budget is now maxxed out at 99%, and we only have a few days left before the budget must be finalized.


Everyone, please stop entering new proposals until we vote the current budget in, as we need to ensure we mint this superblock so that our orphans can be paid in January.  We have a $7100 orphanage bill coming on Jan 17th 2018.

Thanks,
Rob



🕇 BiblePay 🕇
🕇  Announcement | ForumSlackDiscordRedditTwitter | SouthXChange  🕇
🕇 A Christian cryptocurrency | Supporting orphans through a decentralized autonomous charity 🕇
CryptoMaskNL
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December 31, 2017, 02:34:49 PM
 #2039

zer01112 investor358 wrote here 10% mandantory+17%pool fees   27%  Roll Eyes  he lost our coins then setuped this fees,cos hacker stole all our coins from his pool
How do you get 27% from 17%? 

Oh so you are really on Adrianbits team? 

I didnt see any thanks when the pool fees were dropping .01% per day and got down to .04%...



He means 10% donations + 17% fee.

@Rob, I like to get a clear view of all % also. I think miners are getting around 20% if calculated correct.
MN = 50%
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December 31, 2017, 02:59:29 PM
 #2040

Block Reward Breakdown:
10% Charity
5% IT
2.5% PR (Public Relation campaigns)
2.5% P2P (Orphan Letter Writing, Pay To Preach, Pay to be a Priest, FAQ writers, Social Media functions)
40% Miners
40% Sanctuaries (Masternodes)

http://wiki.biblepay.org/Create_Sanctuary_2#BLOCK_REWARD_.26_EMISSION

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