Topic: BiblePay | 10% to Orphan-Charity | RANDOMX MINING | Sanctuaries (Masternodes) - page 718. (Read 243376 times)

Plus there are other solutions for good backups other than the ledger.   For one there will be more hardware providers soon, who allow us to type in an ASCII character during setup and then they should work with biblepay.

Other than that, there are other ways to achieve high security.  You can make a new wallet, encrypt it with a long password, send coins to it, put it on a flash drive and put it in cold storage, then download the hard drive cleaning program and erase the wallet.dat sectors from your PC.  And of course, keep a printed copy of the private key on paper and put it in a safe.  Put the usb in the safe also.   Burn a cd rom with the wallet.dat file and put it in the safe.

Thanks for that. I guess that would be pretty hard to detect and stop.

A botnet is a group of computers that have been taken over (usually via malware) and are controlled by a malicious party.  Some botnets number in the tens of thousands of computers, all controlled by one party to do their bidding.  Primarily they are used to relay spam and for DDoS attacks, but the recent rise of crypto has seen them utilized to mine.  In short, a computer gets infected and the owner doesn't realize it and joins a "party" of other infected computers to do the (by most standards) illegal activity of the controller.

Prior to MN, there was a botnet from China that was hitting this coin, I've not looked at the logs, but it may be the reason for the increase in difficulty as thousands of computers suddenly mining would spike the overall hash rate.

Hi.
Yes, it  is mineable. No ICO, no premine, no minting. Just mining and masternodes.
Mining is easy to setup. Just look on: https://biblepay.org/#guides-section

I've just tried to figure out the hash problem, but I'm not able to make it
There are many variables and I don't know the exact connections between them.
For example:
1 miner has 1000 hps1 and 30000 hps2.
There is Pool Total HPS: 2 600 000. It is based on hps1 or hps2?
And at the end there is Network hash (explorer.biblepay.org or wallet): 70 000 000 000. It is hps1, or hps2?
I think that there is some problem with decimal point, because there is very big difference between pool hps and network hps.
Rob, will it be problem to give good network hash to "About" pool page?
And maybe with pool percentage
It will be easier to watch out on it.

the coin is minable, right? will there be minting? or ico? and what is the process of mining? i'm very interested in the topic, but don't really understand how is it all done!

I checked, faucet is working and sent me 25 coins.

Please excuse my ignorance. What is a botnet? How does it work? Why is it bad for us?

Thanks

"The faucet is telling me to wait 60 days because I used it last week.
But when I used it last week, it wasn't working, and I didn't get any coins.
Can my timestamp be reset so that I can use the faucet now?" - /u/Tommah
"My username on the pool is tomtom."
https://www.reddit.com/r/BiblePay/comments/7p87ka/biblepay_faucet_back_up/dsfb4vl/

How many coins does the faucet give out? Id be willing to just send him some coins.

One: It seems likely the botnet is mining again.  There are Monero (XMR) botnets out there and since this coin is CPU only, it's fair to believe botnets will target it too since a malicious botnet operator has nothing to lose by using up your CPU even when coin prices are low.

Two:  You haven't looked to see what the hashrates of those new miners are.  I personally pulled a couple beefy machines off and went solo with them (I still run pool on most) and I know two people that just started on low powered laptops.  My hashrate per machine was about 10x what they are getting since their machines are weak.  Given the amount of attention we're getting with the Masternodes, it's not that hard to imagine that a lot of casual users have come on board, while the high powered users have gone solo to avoid the pool fees.

Three:  The reason for the high pool fees has been explained repeatedly.  There was a security breach and a theft of the pool.  The pool is not run out of the funds of the coin, it is run on the back of the Dev, so even if he made security mistakes that led to the problem, he should not bear the cost of the fix.  Again, the pool is NOT the coin.  In fact, if enough outside pools pop up, I'd highly recommend the Dev stop running the pool, but until that happens he's doing what is best for the coin. 

IMHO,  we'd better dedicate the budget to entering into a reputable and reliable exchange ATM.
BBP is off the market right now.

Update on CoinsMarkets I saw before it went down again: https://coinsmarkets.com/trade-BTC-BBP.htm

Awesome!
https://twitter.com/BiblePay/status/950772112893112321
https://www.reddit.com/r/BiblePay/comments/76mqqf/biblepay_faucet_free_bbp_coins_for_registering/

I think we need to wait at least a few months until our treasury/budget is bigger (worth more).
I believe our next superblock will be 5.7 million BBP coins. (and is split between 10% Charity, 5% IT, 2.5% PR, 2.5% P2P)
At current market rate of $0.009 USD per BBP, next budget is potentially worth $52k

https://www.reddit.com/r/BiblePay/comments/7okhl5/hardware_wallet_support/

I read someone posted to get bbp on ledger we need to deposit 75k euro we get 1000 engraved ledgers plus the coin on it.
We can do pre-sale for 100euro each so we get bbp on ledger. It is frustrating to keep coins on hotwallet.
And of course nice marketing addition to BBP.
The other 25k euro could cover shipping and for the persons time for packaging etc.
anyone up with this idea?

P.S: The ledgers are selling online resellers for 200-350euro each for normal one.


Very nice! Any idea when the sorting function in pool can be functional? I have to scroll the entire list when adding miners to check if they came online.

FAUCET IS BACK UP!

Yes, I do think you should personally kick in 1btc for the original free pool development- it would be nice.  Have you contributed anything to biblepay?

Yes, it is true that I have only Spent money to help the pool and the miners, and that means money has gone Out of my account Into the pool.  I guess you dont understand the concepts of basic accounting.

Yeah, I guess Im greedy for Giving more than Im taking in, right?

greedy ROB?  more ppl told about you  discord too,FB too, telegram too, REDDIT too

arent you ashamed?

EXPLAIN ALL MINERS THIS


in last 7 days i checked this
2000 miners on pool = results was 52 (24%)
3998 miners on pool = results is 42 (21%)
this is unbelievable

and pool fees 13% is record between coins  Embarrassed  for what you need 13%?

we have to protect our expenses

no,everybody knows how working pools, knows that this is huge mess .... SVK groups on FB is full of old miners    


we mined same with 2000 miners and we mining same with 4000 miners    HAHAHA you can tell whom hay eating

in last 7 days i checked this
2000 miners on pool = results was 52 (24%)
3902 miners on pool = results is 42 (21%)
this is unbelievable

and pool fees 13% is record between coins    for what you need 13%?


every miner on this coin knows that when added new double miners: powerhash of pool have to raise .... on your side is just upside down


we can test on our pool where is problem in few hours

OK I can donate coins to person solving this problem if one can throw in some coins reward can be good for person solving