Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 65. (Read 243376 times)

Just covering the unanswered part:
You can still solo mine in the core wallet, but its about 20% less efficient than the external miner.
And pool.biblepay.org redirects core wallet pool miners over to solo mode now.

Thanks, yes, I agree that Coinsbit really looks great, and knowing a lot more about this process now, I like the Gecko 'reputation' score (of  8 ) for them.  It also shows like Togo mentioned in their support - they care about the customers on discord, and dont seem shady.

Of course Togo tried to start an account and couldnt get through, the laws of the US are probably so severe that an exchange cannot take that risk.

So guys keep trying to find one with an actual offer.   And or a way for a US trader to withdraw.

The reason BBP is listed on the page is we almost executed the deal, but stopped it before funding.

This first part is for our veterans, not meant for the new user:
Although the pool will still be up for a year or more while we figure out accountability migration to dsql, the reason I don't want to leave 'mining' on in the pool is since 99% of the miners left, it cant solve enough blocks to warrant supporting it, and more importantly, the payments are too low to cover people who hop, so I disabled mining against pool.biblepay.org to send everyone toward nomp.

So please ask him if he can go with nomp, or solo mine.

One other note:  I am working with MIP on an idea where we can bring the core wallet back up to the same speed as the external miner (and eliminate any chance of ever having a GPU) but this idea is still in its infancy and would be about 9 months out if we work out the details.

So for now I recommend nomp.

go to tools, wallet repair
recover transactions 1

here are instructions on how to mine on nomp pool:

https://whitewalr.us/2019/biblepay-nomp-pool-mining.html

there are currently three to choose from:

http://sunpool.whitewalr.us
http://5.135.183.202/

http://leopool.biblepay.org:8080/

http://nomp.biblepay.org/

Hello!
I have noticed that I wasn't mining with the regular wallet/miner.
It seems the pool has been updated (to nomp), but there is also a new miner, etc.
I am a bit lost, can I still mine with the regular wallet? Do I need to re-register in the new pool with the same username?
Also, it appeard a big unexpected increase in BBPs, so probably I mined in a fork once. I did an  -erasechain=1, and wallet seem ok, but that transaction still appears in the transactions log.
I have updated the config file with the new miner 5m ago, and it still showing "poolmining": false, but I do not know if I need to wait longer, or do something more.
Thank you,

Rob, how do I get NOMP stratum pool to request work restart every 15 seconds?

I've tried many changes in config.json and pool_config/biblepay.json but can't seem to make it happen.

can you share your config.json and pool_config/biblepay.json?

I tried the KYC process with Coinsbit about 3 weeks ago and it took 1 week to hear back



Coinsbit Proposal in BiblePay Forum
https://forum.biblepay.org/index.php?topic=460

Crex has relatively low volume ($1 million) and it's mostly from unknown coins. Coinsbit seems huge ($400 million, #38), I just created an account from a US VPN and depositing and trading works, but for withdrawal, somebody needs to test uploading a US document for verification, to double check if it's allowed or not.

And I was surprised, BBP is already listed on their fees page:
https://coinsbit.io/fee-schedule

Also we're on the deposit page, but the buttons are greyed out:


0.5 BTC is too good of a deal not to try and check if it can be used from the USA.


Stex will require KYC verification for all accounts starting on January 1st 2020:



Meaning we need to also double check if they accept US documents.

Post from Sieb Sie from Telegram:

"Hello brothers. What happened to pool.biblepay.org through the wallet? Just now that i convinced the pastor of my church to publicize the project. If so i have to instruct how use the external miner in Windows which os already more difficult because i don't have specific documentation. Besides, our language os another, but this os easier. Can someone help me?"

BiblePay Telegram: https://t.me/biblepay_airdrop

Is something different with the regular pool?

Yeah, I think eventually one of these top 20 exchanges will help us.  Togo has reached out to the top 100 exchanges, and so far, we have only found 3 that are interested.  Coinsbit is EU only and Crex is EU only.  So we havent been able to justify their fee yet - although we told them we are open to negotiate a lower fee for not have ability to trade in the US.

We do have interest from Graviex and Stex.  Graviex looks like they might step up and help us- so we are going to discuss this month.  Stex is being pretty nice, but the owner doesnt want to list a btc pair for us (only eth).  Im still going to reach out to him again and see if we might have a middle ground.

Other than that, weve tapped the whole 100 and got nothing but insane offers; I think binance wants 100 btc, etc.

Thanks, the dynamic whale staking might be nice in that we maintain our entire infrastructure and make an easier to use version of 'whale staking' that doesnt require the wallet to be on.  Something that a Christian 401k might say: dump the excess 5k in bbp for a year and see what happens, if their staking generates 100% more coins for us, etc.

Ill make a proposal page out of it and get more feedback.  So far, I havent heard any resistance from the Holy Spirit, except - that we must strictly classify this feature as STAKING.  It cannot be confused with any non-staking feature, like for instance a coin offering interest on a balance, or a CD or anything like that.  It would be Coins earned on coins burnt for a duration of time, and classified as Dynamic Whale Staking.  Although let me clarify, the reward would be for any size stake (1000 bbp, or 1,000,000 bbp).  I will try to clarify that in the proposal.

Also:  I will be sure to include a plan to not veer from our total emission model.  This I think can be done by integrating a whale staking model in where the coin-emission deflation has a sharper curve at the end (like a black hole). So the end result is the same, but with staking for N years embedded in.

I transcribed the letters.

Kairos Nov 2019 Update – Letters from the children!
https://whitewalr.us/2019/kairos-nov-2019-children-letters.html

dynamic whale staking sounds awesome ive noticed theres some pretty big whales in biblepay by wallet size, some wallets with 10's of millions of coins
actually i found it seems like that one big wallet i saw was still mining too. pretty sweet haha. lots of community support
maybe a new exchange would help? maybe onboard some new trader whales? you guys have prob tried, but you should put in at the big places and just see what they say maybe
seems to me like biblepay has been around long enough to warrant a listing on trex or polo or something imo

Thanks for the offer. I have whitewalr.us so I can make a subdomain off that, but I'm still testing and tweaking. The basics of finding blocks and payout is working well. I think I need to reset stratum work restart like you both to every 5 seconds (?) to get the invalid shares down. I set mine to 4 diff minimum, but that's doesn't mitigate invalid shares. stratum requested work restart seems to be the best tweak to prevent this. I'll have to look into making this change and securing the server a bit more.


For 1) the idea doesn't seem that different from PoG except you lock up the funds for a longer period? I'm okay with PoG because you only send a tithe to the Orphan Foundation and then get a Smart Contract Reward daily. Personally, I wouldn't feel comfortable sending my funds to an address I don't own. Couldn't I send the funds to myself but lock it up using a smart contract? Then when the maturity date arrives, I get paid interest along with the original funds?  

https://github.com/bitcoin/bips/blob/master/bip-0065.mediawiki CheckLockTimeVerify
https://medium.com/@thomasmccabe/hodling-bitcoins-with-op-checklocktimeverify-a-step-by-step-guide-to-manually-building-a-bitcoin-ce9476725de8

Very nice, on LeoPool, sweet.

Sun if this is your France domain, please PM or email me if you want a DNS record - for example - sun.biblepay.org, etc.

OK nomp is back up. 

I just got in, Ill check.

NOMP Pool down?

So I am brainstorming a little, trying to come up with some ideas that help address our two biggest problems:  1) Needing a boost in price - and this boils down to making biblepay attractive for Whales to invest in, and 2) needing a boost in new users - IE one new user per day.

Here is what I have so far - not sure about these yet, as I have a new mantra as a child of God:  Pray about them.  Ask Jesus if these are "approved" or not.

For now, the first idea - making BBP an attractive investment for whales:  Dynamic Whale Staking?
What if we created a new staking option, that was more simple than ever (does not require sancs, and does not require daily GSC stakes) but instead focuses on opening the relationship between buys on the open market and rewards - something to the effect of : Biblepay orphanage stakes, with a dynamic ROI determined by a supply-demand rule based on "burn demand".
Basically, we would have a wallet algorithm that determines the extra-BBP paid to the staker (this depends on the duration of the BBP hold period) and also on the other variable (the burn demand).

Something like this:  User buys N bbp on exchange A.  User enters a proof-of-stake command (this burns the bbp and gives them a staking TXID, and a maturity date).
Time passes.  At the end of the maturity period, the wallet refunds the bearer their original stake + Reward (which conditions are stored on the original transaction record) and this is done automatically by our coinbase.  Another words, the daily superblock would also pay that days stake rewards at the same time.  Of course, we would quadruple check our burn algorithm code in testnet - to verify the 'burn' condition (IE the original funds really were burned - meaning this idea only emits the net reward to the bearer). We would set up a dedicated burn address (similar to our foundation for orphans, but for burns).

This would theoretically cause outsiders to gain interest in BBP to seek the excess return.
The burn demand equation would be something to the extent of N addl BBP for your burned BBP, decreasing by the amount of outstanding 'live burns in the chain'.
So another words, if 500 burns already exist, the return for new burns would be almost zero, but if none exist, the return would be very large.
We would make it so the quote is reliable until its consumed (so people are not misled), but once consumed everyone else would see a lower quote etc (it would be dynamic and real time per block).

Idea 2: PR embedded in the core - through some algorithm:

The other idea is reviving our old BOINC faucet to reward 5000 bbp to new CPIDs, who have > 250 rac and have not collected BBP in the past.  
Or - embedding some type of PR campaign in the core - something that rewards new users similar to referrals.
But of course this is almost impossible to design.  The BOINC faucet is still our best bet.

Half of the sancs in TestNet are pose banned.  Please look into reviving them - see the revive command:
https://forum.biblepay.org/index.php?topic=465.msg6445#msg6445

Updated the OP.  Ack on the BBP home page.