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

[bible_pay]

This looks like a pretty cool product, considering how light it is.  Perfect for jogging and listenting to KJV bible..

Ill be getting one of these:

https://www.amazon.com/OHURA-Ear-Electronic-Testament-Hands-Free/dp/B06Y4Z4NBK/ref=sr_1_9?s=electronics&ie=UTF8&qid=1518209457&sr=1-9&keywords=bible+mp3+player

[1713283118]

1713283118

[1713283118]

1713283118

[rascolians]

Something strange is going on with the pool shares and logical machines. 

Also, over 20% of my miners are now in the "My Missing Miners" section.

Yeah, last night I raised the minimum difficulty of the pool by 100% per share, as I thought too many small miners were solving shares.
Ok, I lowered it to in-between the old level and the new level.  Please monitor this going forward.

I'm pretty new to this and thought that the idea of a CPU coin was that small miners (ie. relatively low powered machines) would be able to support/be involved. Which bit have I misunderstood? or are you now looking to move towards 'miners' that are more highly powered. Sorry I don't understand and perhaps someone could shed some light?

[rascolians]

Something strange is going on with the pool shares and logical machines. 

Also, over 20% of my miners are now in the "My Missing Miners" section.

Yeah, last night I raised the minimum difficulty of the pool by 100% per share, as I thought too many small miners were solving shares.
Ok, I lowered it to in-between the old level and the new level.  Please monitor this going forward.

Wait I don't get it isn't difficulty set by network?

Yes for a solo mined block.
But for pool mined blocks, no, its set by the pool.  Everyone receives the same share difficulty however, so its all relative.

Shouldn't it still be set as same as network though? Why would pool want to do more difficult work than solo miners? Not sure how this all works sorry.

No.  If it was the same, you would be solo mining against the pool.  The idea of having a pool is so a little tiny laptop can be paid regularly as they solve shares - multiple shares - per day.

So...if you raise the difficulty that 'little tiny laptop' can no longer be paid regularly...?  Logic tells me that the more difficult you make it the more 'power' you need. I'm a systems guy, not a coder, so I am allowed a telephone. Can you explain your logic please?

[togoshigekata]

So my understanding is that the pool uses a share system, to divvy up the pool rewards, shares are based on how much hash each person contributes

Example:
Miner 1 - 50 shares
Miner 2 - 30 shares
Miner 3 - 20 shares

So if its just them 3, They will get 50%, 30%, 20%

Rob I believe is changing how many relative shares everyone gets, say by dividing everyone's shares by 10, for example:

Miner 1 - 5 shares
Miner 2 - 3 shares
Miner 3 - 2 shares

So they each still get the same amounts 50%, 30%, 20%

So that is why Rob is saying the shares are "relative"

Why change the share values? I am not sure LOL

[dave_bbp]

I just wanted to check out the BOINC mining and started a testnet-wallet on my standard PC. I also created a BOINC account and joined the Biblepay team on Rosetta@Home (and right now I'm solving my first Rosetta@Home project).
Now my problem is that when I wanted to associate my BOINC account with the BBP wallet (in the DC section) I got a message "balance too low to advertise DCC, 1 BBP minimum is required". So I think someone would need to send me some tBBP.

Receiving address: yNQVjP53HjrrjSVP8KtgdQgHLPNXMH1fEb

Thanks in advance.

[mitsuki]

TOTAL CIRCULATION: 5.2 BILLION BY 2050, DECREASING BY 18% PER YEAR (200 MILLION AS OF NOVEMBER 2017)  - WUT??

Deflatation, yet inflation in end

[strayapple]

I just wanted to check out the BOINC mining and started a testnet-wallet on my standard PC. I also created a BOINC account and joined the Biblepay team on Rosetta@Home (and right now I'm solving my first Rosetta@Home project).
Now my problem is that when I wanted to associate my BOINC account with the BBP wallet (in the DC section) I got a message "balance too low to advertise DCC, 1 BBP minimum is required". So I think someone would need to send me some tBBP.

Receiving address: yNQVjP53HjrrjSVP8KtgdQgHLPNXMH1fEb

Thanks in advance.

10k tBBP sent.

[bible_pay]

TOTAL CIRCULATION: 5.2 BILLION BY 2050, DECREASING BY 18% PER YEAR (200 MILLION AS OF NOVEMBER 2017)  - WUT??

Deflatation, yet inflation in end

We have deflationary emissions over time, just like bitcoin.

[SEO_Account]

So if I switch to solo then my miner will only have to do work as difficult as needed and not as difficult as pool work?

[bible_pay]

So if I switch to solo then my miner will only have to do work as difficult as needed and not as difficult as pool work?

You can solve a share in the pool every 15 minutes, vs once every 30 days (solo mining) on a laptop.




EDIT: My 500 HPS slow single core has solved 7 shares in the last 15 minutes in the pool.  I think the pool is behaving correctly.

[bible_pay]

So my understanding is that the pool uses a share system, to divvy up the pool rewards, shares are based on how much hash each person contributes

Example:
Miner 1 - 50 shares
Miner 2 - 30 shares
Miner 3 - 20 shares

So if its just them 3, They will get 50%, 30%, 20%

Rob I believe is changing how many shares everyone gets, so for example it may now be:

Miner 1 - 5 shares
Miner 2 - 3 shares
Miner 3 - 2 shares

So they each still get the same amounts 50%, 30%, 20%

So I believe that is why Rob is saying the shares are relative

Why change the share values? I am not sure LOL

I raised the minimum pool difficulty because the lowest reference machine was solving 30 shares in 15 minutes.

I made it 3 per 15 minutes, then some of Lukes miners dropped out, then I raised it again to the midpoint, and now I think its a good happy medium.

It allows the pool to scale a little further into the future (performance-wise) before we need to double its size.  The other concern I had is I had the suspicion that some people are creating VM's to make more money and thats really not we're about.  At least I dont want the pool to subsidize that behavior.

The pool is for the average everyday miner.

[tmike]

This looks like a pretty cool product, considering how light it is.  Perfect for jogging and listenting to KJV bible..

Ill be getting one of these:

https://www.amazon.com/OHURA-Ear-Electronic-Testament-Hands-Free/dp/B06Y4Z4NBK/ref=sr_1_9?s=electronics&ie=UTF8&qid=1518209457&sr=1-9&keywords=bible+mp3+player

Didn't even knkow they made something like this.

[tmike]

It looks like the POL proposal will pass, what happens then?

[flortann]

I really like Bible and I am a christian that's why this BiblePay got my attention. I want to have this coin, how can I earn this token/coin? Thanks in advance for the answer

[togoshigekata]

I really like Bible and I am a christian that's why this BiblePay got my attention.
I want to have this coin, how can I earn this token/coin? Thanks in advance for the answer

How to Get BiblePay (BBP) Coins
https://www.reddit.com/r/BiblePay/comments/7nevdg/how_to_get_biblepay_bbp_coins/

[tmike]

I really like Bible and I am a christian that's why this BiblePay got my attention. I want to have this coin, how can I earn this token/coin? Thanks in advance for the answer

Download the wallet from the biblepay website and start mining on the pool!

[togoshigekata]

Hey Rob,

1. Could you add SouthXchange to the Bitcointalk Original posts and to the Wiki?
https://www.southxchange.com/Market/Book/BBP/BTC

https://bitcointalk.org/index.php?topic=2042657.0
https://bitcointalk.org/index.php?topic=2388064.0
http://wiki.biblepay.org/Main_Page

2. Also Inblue had good idea of adding keywords to the title of this thread:
10% Charity, Masternode, ASIC-Resistant, CPU Mining etc
(I originally found BiblePay because of using ctrl f for "CPU" keyword when clicking through Altcoin Announcement pages)

Thanks!

[SEO_Account]

So my understanding is that the pool uses a share system, to divvy up the pool rewards, shares are based on how much hash each person contributes

Example:
Miner 1 - 50 shares
Miner 2 - 30 shares
Miner 3 - 20 shares

So if its just them 3, They will get 50%, 30%, 20%

Rob I believe is changing how many shares everyone gets, so for example it may now be:

Miner 1 - 5 shares
Miner 2 - 3 shares
Miner 3 - 2 shares

So they each still get the same amounts 50%, 30%, 20%

So I believe that is why Rob is saying the shares are relative

Why change the share values? I am not sure LOL

I raised the minimum pool difficulty because the lowest reference machine was solving 30 shares in 15 minutes.

I made it 3 per 15 minutes, then some of Lukes miners dropped out, then I raised it again to the midpoint, and now I think its a good happy medium.

It allows the pool to scale a little further into the future (performance-wise) before we need to double its size.  The other concern I had is I had the suspicion that some people are creating VM's to make more money and thats really not we're about.  At least I dont want the pool to subsidize that behavior.

The pool is for the average everyday miner.

So which numbers count on pool? HPS, HPS2, or Shares which are the numbers that result in blocks being solved?

If I take CPU that gets 800 HPS on 1 worker I get HPS2 40000 - 60000 and 20 - 40 shares

If I take same CPU and put on 10 workers I get 80 HPS each and HPS2 200000 - 400000 (total) and 80 - 140 shares (total)

These numbers are not exact but just to show if you split your worker you get same HPS but MORE HPS2 and MORE shares.

So which is better for solving blocks? and why is situation 2 possible if that is not helping solve blocks but produce a bigger share of block?

Just FYI I am not in this project to "make more money". I am trying to help solve blocks for the pool. I didn't get involved or buy into biblepay to get rich.

[togoshigekata]

So which numbers count on pool? HPS, HPS2, or Shares which are the numbers that result in blocks being solved?

If I take CPU that gets 800 HPS on 1 worker I get HPS2 40000 - 60000 and 20 - 40 shares

If I take same CPU and put on 10 workers I get 80 HPS each and HPS2 200000 - 400000 (total) and 80 - 140 shares (total)

These numbers are not exact but just to show if you split your worker you get same HPS but MORE HPS2 and MORE shares.

So which is better for solving blocks? and why is situation 2 possible if that is not helping solve blocks but produce a bigger share of block?

Just FYI I am not in this project to "make more money". I am trying to help solve blocks for the pool. I didn't get involved or buy into biblepay to get rich.

Are you talking about where instead of a PC having 1 wallet with 10 mining threads, you do 10 wallets with 1 mining thread each?

[tmike]

So which numbers count on pool? HPS, HPS2, or Shares which are the numbers that result in blocks being solved?

If I take CPU that gets 800 HPS on 1 worker I get HPS2 40000 - 60000 and 20 - 40 shares

If I take same CPU and put on 10 workers I get 80 HPS each and HPS2 200000 - 400000 (total) and 80 - 140 shares (total)

These numbers are not exact but just to show if you split your worker you get same HPS but MORE HPS2 and MORE shares.

So which is better for solving blocks? and why is situation 2 possible if that is not helping solve blocks but produce a bigger share of block?

Just FYI I am not in this project to "make more money". I am trying to help solve blocks for the pool. I didn't get involved or buy into biblepay to get rich.

Are you talking about where instead of a PC having 1 wallet with 10 mining threads, you do 10 wallets with 1 mining thread each?

I think he is saying 1 wallet 1 mining thread and 10 wallets with 10 mining threads. Basically 10 VMs.