BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes)

[bible_pay]

Hi,

Regarding minning on the pool it looks like many users went solo, so the pool does not have powerful machines any more and it is missing most of the blocks. If this goes on for a while, some others might leave too.
What should we do? I am giving it all in a pool, but it looks pointless for now - yes I know, if we all think like that, than we can leave and pool can close till block difficulty it too high to solve in a reasonable time and most come back to pool.
Any thoughts?

Best regards,
Simon

The thing is, the pool solves enough blocks per day to make it a pool, IE more than One, so in my eyes we dont have an issue.  You get compensated in the pool based on how much HPS you bring to the table.

Once this botnet gets hit below 50%, things are going to get interesting for them.

How sure are you it is botnet? When is expected to be network upgraded from more then 51%?

Im not sure of anything.  I make the assumption that for the last 3 mandatory upgrades, I saw 30, 40, now 60% of our nodes on a version that is 10 versions back.  Leading me to believe that someone somewhere sets up 750 computers in a botnet (not calling it a malicious botnet, calling it a botnet of PCs), that they have trouble upgrading.  The reason I think they have trouble, is because they are always 10 version back and all of a sudden they all upgrade at once, every time.  The reason I "think" they might be in China is because the last time they upgraded, I got 5 or so mad emails in Chinese, something about why you make me upgrade so fast, and when I replied, they were blocked by the Chinese government.

[1714855088]

1714855088

[1714855088]

1714855088

[joelles]

Hi,

Regarding minning on the pool it looks like many users went solo, so the pool does not have powerful machines any more and it is missing most of the blocks. If this goes on for a while, some others might leave too.
What should we do? I am giving it all in a pool, but it looks pointless for now - yes I know, if we all think like that, than we can leave and pool can close till block difficulty it too high to solve in a reasonable time and most come back to pool.
Any thoughts?

Best regards,
Simon

The thing is, the pool solves enough blocks per day to make it a pool, IE more than One, so in my eyes we dont have an issue.  You get compensated in the pool based on how much HPS you bring to the table.

Once this botnet gets hit below 50%, things are going to get interesting for them.

How sure are you it is botnet? When is expected to be network upgraded from more then 51%?

Im not sure of anything.  I make the assumption that for the last 3 mandatory upgrades, I saw 30, 40, now 60% of our nodes on a version that is 10 versions back.  Leading me to believe that someone somewhere sets up 750 computers in a botnet (not calling it a malicious botnet, calling it a botnet of PCs), that they have trouble upgrading.  The reason I think they have trouble, is because they are always 10 version back and all of a sudden they all upgrade at once, every time.  The reason I "think" they might be in China is because the last time they upgraded, I got 5 or so mad emails in Chinese, something about why you make me upgrade so fast, and when I replied, they were blocked by the Chinese government.

That is quite hilarious.
I'm looking forward to see when we push network version 1.0.8 to 50%>
thank you for upgrade

[hvdb]

Hi,

Regarding minning on the pool it looks like many users went solo, so the pool does not have powerful machines any more and it is missing most of the blocks. If this goes on for a while, some others might leave too.
What should we do? I am giving it all in a pool, but it looks pointless for now - yes I know, if we all think like that, than we can leave and pool can close till block difficulty it too high to solve in a reasonable time and most come back to pool.
Any thoughts?

Best regards,
Simon

The thing is, the pool solves enough blocks per day to make it a pool, IE more than One, so in my eyes we dont have an issue.  You get compensated in the pool based on how much HPS you bring to the table.

Once this botnet gets hit below 50%, things are going to get interesting for them.

Is it a problem that the AVG HPS is 500?
Does it help if we add more high power miners? instead of x number of small once?

(having multiple miners (1 cpu) gives more hps2 then running one instance with 8cpu. But does that really help the pool? or is it better to have also big miners?)

[zthomasz]

Pool question ... what is the difference between a PhysicalMachine and a LogicalMachine?

[harrisvan87]

My wallet version is 1.0.8.0. Hps report normaly but no rewards ??

[exyacminer]

I've been wondering if we can set something up for the pool collectively. The thinking is rewards are diverted from high hashps workers to low hashps. But workers could be put on with very high hashps for a small (depending on your pocket) amount of money. This would be a charitable act that benefits the pool and those with low hashps. But does it all even out in the end? I did a 1 day test with a hex-core xeon for $8 and got 6000hps. Note this is just an (expensive) test. If a bunch of us pitched into a fund,  we should be able to get some cheapish hashps. Plenty of firms out there take BTC, ETH etc

[zthomasz]

Pool question ... what is the difference between a PhysicalMachine and a LogicalMachine?

I found some info online:

A physical machine is physical server, while a Logical Machine is a virtual machine/server - for example a VPS - that resides on a physical machine.

[togoshigekata]

Hey Rob, SEO_Account was attempting to create a Proposal on the Pool website but he noticed this message:

"** Note: Each new Proposal costs 2500 BBP. Please do not Save the proposal unless you agree to pay 2500 BBP **"

Does the proposal fee come out of the pool account? How does this work?
(If it does come out of the pool account, is there a way to send funds to ones pool account?)

If BBP price is about $0.01 per BBP, thats about ~$25?

My understanding is that proposal fee is to help reduce spamming of proposals?

Thanks!, Togo

[joelles]

My wallet version is 1.0.8.0. Hps report normaly but no rewards ??

no blocks mined my friend

[slovakia]

all this updates+pool go to hell  

will be only Robs empty pool and china shit botnet  

[daemonko]

where did the blocks 25812..25829 go?

[slovakia]

daemonko vsetko solo tazba skurveneho botnetu a uz aj vela minerov

tu je napr. 25829

https://biblepay-explorer.org/block/da3beeea186dd59828c21815343e64b83e9fc28dbe18b83bcc5776074502f0a6

[togoshigekata]

I spent last night and this morning, looking over other masternode coins in the altcoin announcements,
most all of them dont even have a percent block reward that goes towards a budget... LOL,
I believe that is the core/winning feature of the masternode governance system

===

Anyways, something else I noticed, is that they also post their announcement thread in multiple other languages,
I think this would be a great task for the community to tackle:

Altcoin Local Section of Bitcointalk:
https://bitcointalk.org/index.php?#5

BiblePay Main (OP) Post:
https://bitcointalk.org/index.php?topic=2388064.0

===

Another thing is, I noticed our main post is pretty good compared to most, great work Rob!

I think we should also add these social media and chatroom links to the main post:

Reddit: https://www.reddit.com/r/BiblePay/
Twitter: https://twitter.com/BiblePay
Discord: https://discordapp.com/invite/yWgbKdM
Slack: https://biblepay.slack.com/join/shared_invite/enQtMjgxMzI1NDgyNDk2LTQ4NzMzYjhkMWU4ZGYwYTI2MWU2YjU5Mzg3NmRhNTlmODExMzliNTBjMjA2YzRlMDY3MmY4NTg1NjM1NjJlMDY

[tiras]

all this updates+pool go to hell  

will be only Robs empty pool and china shit botnet  

maybe BBP needs a mandatory upgrade and protocol change enforcing pool mining to cut off that massive botnet ?
otherwise there will be no pool and no 10% for charity. 

[zthomasz]

all this updates+pool go to hell  

will be only Robs empty pool and china shit botnet  

Relax, we all feel the pains & challenges that are inevitable when building a great project like BiblePay. I spent years working in heavy construction where the danger and pain is real, so to me this virtual/digital type project tastes like a delicious piece of chocolate cake.

We need your input and your help Slovakia. Just as important we need your prayers.

Thank you sir!

[dave_bbp]

"Regarding the dynamics of solving blocks on prior versions I will go into detail on that after church."

So although we required a mandatory upgrade between 1.0.7.7 and 1.0.7.8+, this was intended to upgrade instantsend, but not to kick the miners off the current block algorithm.

So the enforcement in this case was set for a protocol upgrade (for sanctuaries) and a soft-hangup on old versions.

This means that blocks solved on prior versions are not discarded unless mined on a fork.  So when we get to the point of a 50% upgrade level, those old versions are going to be wasting hashpower.  I see we have 63% right now on 1.0.7.1 that has not upgraded.  

So this effect will come into play when the 63% solo level drops to 49%.  That hash power is going to go to waste and provide more coins for the early birds who did upgrade.

Now here is a Very interesting effect that is happening right now and might answer some of our network questions.  I flipped the switch on the pool requiring 1.0.7.9+ to hash against the pool.  There are 63% now that are either solo mining or have a private pool, as they are still solving blocks at the 63% level on the network currently right this second (and cant be in the pool as the pool refuses the connection).  That explains where 63% out of our 75% is, but we still do not know if its a solo group, a botnet or a private pool.  

Sorry for my ignorance, but I still don't get it what is happening now after the "mandatory" upgrade to 1079. From MY understanding a "mandatory" upgrade results in a fork (at a certain block). Apparantely this is NOT what this is, since you write that all blocks solved on older versions are still valid ("unless mined on a fork"). Then you write "when we get to the point of a 50% upgrade level, those old versions are going to be wasting hashpower". How so? On the other mandatories you were afraid that at the key block not enough would have upgraded and therefore the blockchain would fork with the majority on the "wrong end". Isn't this exactly what this is right now? The botnet (and judging by the non-existent pool solutions about 90% of the overall hashpower....) are on a major fork and the pool (so "we all") are the minor "wrong" fork?
Please explain what has happened the last 2 days and how you ever expect the botnet and all the solo miners to update, considering that the current state works just marvellous for them...

[znffal]

Hi all,

A possibility to get BBP on a new exchange.

Recently a new decentralised exchanged launched called Next.Exchange. There has been a bit of hype around it.
One nice feature is that the community can suggest tokens to be listed there and "upvote" that token. If the post gets enough interest (250 upvotes) then they will look at listing that token.
Someone named "Jarid McCool" has already started the suggestion of listing BiblePay on Next.exchange. If you would like to try to get this to happen you can vote for this on the next.exchange website by



1. Signing up to the website using either
a) My personal affiliate link https://next.exchange/?ref=ODg0NTU2NzUzOQ
b) Navigating to https://next.exchange and signing up there directly.

2. Navigate to https://nextexchange.featureupvote.com/suggestions/3384/biblepay-bbp
Upvote the suggestion, and it helps if you leave a positive comment.

Thanks

Apparently you don't need to do step 1.
Someone on reddit just informed me that you can upvote without registering.

Only 64 more votes to go! If you have not yet voted, please do. Also please considering sending to your friends who may be interested/happy to vote for us.

https://nextexchange.featureupvote.com/suggestions/3384/biblepay-bbp

Many thanks

[DayTripperSimon]

Is this then soft fork? It doesn't look good for this side.

[hkalvin]

Why after the update but no reward, this week are very unstable....

It seems need to run on solo mode first til the pool stable and reward reasonable

As a miner this is very worried

[bible_pay]

Hey Rob, SEO_Account was attempting to create a Proposal on the Pool website but he noticed this message:

"** Note: Each new Proposal costs 2500 BBP. Please do not Save the proposal unless you agree to pay 2500 BBP **"

Does the proposal fee come out of the pool account? How does this work?
(If it does come out of the pool account, is there a way to send funds to ones pool account?)

If BBP price is about $0.01 per BBP, thats about ~$25?

My understanding is that proposal fee is to help reduce spamming of proposals?

Thanks!, Togo

Yeah, someone tried to create a proposal pointed to a web site that had a virus on the page.  I think theyve tried pretty much everything now.
(That almost beats the one where they uploaded a virus into an orphans letter).

So I had to raise the bar a little bit to enter proposals.
You know, in Dash, its 5 dash to create a proposal, and since that is like $5000, over there the proposer usually asks for reimbursement inside the proposal.

So I recommend doing the same thing here, pad the 2500 bbp on top of your proposal amount.

The amount is deducted from the users pool balance. 

Its also there to help reduce proposals down to serious proposals only, the least I would expect is someone to spend $25 up front to ask us to evaluate the proposal (as it takes all of our time to vote on it and read it and discuss it) etc.

I could deposit BBP into ones pool account if a person sends me BBP, Ill credit the pool account if need be.