Quick Start - Revision history

Admin at 14:24, 27 November 2022

2022-11-27T14:24:06Z

2021-08-28T15:06:36Z

2019-09-28T19:31:11Z

Replaced pog_foundationdonationamount with pog_foundationdonation

2019-07-13T15:44:01Z

2019-07-13T15:43:04Z

2019-07-12T20:56:53Z

2019-07-12T00:22:00Z

formatting, spelling, consistency

2019-07-12T00:20:12Z

formatting, spelling, consistency

2019-07-12T00:16:46Z

formatting

2019-07-12T00:14:35Z

formatting, spelling, consistency

@@ Line 13: / Line 13: @@
-<ul>We have three different methods available to earn BBP:<br>
+<ul>The primary method to earn Biblepay:<br>
-<li>Running a Sanctuary (30%)
+<li>Running a Sanctuary (85%)
 </ul>
@@ Line 24: / Line 22: @@
 In this endeavor, you provide (IE lock up) 4,500,001 BiblePay in the block chain (this is the amount of collateral you must store in the collateral transaction for your sanctuary).
-While you provide sanctuary services to the network, your (receiving address) will receive one reward per payment cycle (approx. 25% of our blockchain rewards).
+While you provide sanctuary services to the network, your (receiving address) will receive one reward per payment cycle (approx. 85% of our blockchain rewards).
 Do it yourself guide:
-https://wiki.biblepay.org/Create_Sanctuary_2
+https://wiki.biblepay.org/Create_Deterministic_Sanctuary
-We also have fractional sanctuaries available at:  https://foundation.biblepay.org | Account | Fractional Sanctuaries
+Turnkey:
+We also have fractional sanctuaries available at:  https://foundation.biblepay.org | Turnkey Sanctuaries

@@ Line 14: / Line 14: @@
 <ul>We have three different methods available to earn BBP:<br>
-<li>Running a Sanctuary (25%)
+<li>Running a Sanctuary (30%)
-<li>Heat mining (25%)
+<li>POW (RandomX) mining (30%)
-<li>GSC campaigns (40%)
+<li>UTXO Staking - Portfolio Builder (40%)
 </ul>
@@ Line 29: / Line 29: @@
 https://wiki.biblepay.org/Create_Sanctuary_2
-Or, to create a turnkey sanctuary through GIN:
+We also have fractional sanctuaries available at:  https://foundation.biblepay.org | Account | Fractional Sanctuaries
-'''Heat Mining'''
+'''Proof-of-work RandomX (POW) Heat Mining'''
-ABN mining requires an investment (of 125,000 coin*age).  (This is approximately 125,000 bbp aged for one day).
+'''Portfolio Builder'''
-In this scenario, the miner puts up a stake, in an ABN transaction, that is required in order to mine.
+You can earn approx. 15-40% per year on homogenized biblepay, dash, and top 50 cryptocurrencies using our portfolio builder:
-This miner will make more rewards, than a non-abn miner (they will receive the entire POW reward if solo mining, while a non-abn miner will only receive 80% of the reward and is forced to pool mine).
+https://wiki.biblepay.org/Portfolio_Builder

@@ Line 122: / Line 122: @@
 <li>The default giving amount is 2.50 bbp per day (to the foundation).  If you would like to change this, change the key:
 <pre>
-pog_foundationdonationamount=nnnn (replace nnnn with the amount you want to tithe per 12 hours).
+pog_foundationdonation=nnnn (replace nnnn with the amount you want to tithe per 12 hours).
 </pre>

@@ Line 95: / Line 95: @@
 If you would like to use your internal (self funded) ABN the majority of the time, but fall back to a funded ABN when your personal ABN is depleted, you may set the following keys:
+<pre>
 workerid=your_non_funded_pool_workerID
 workeridfunded=your_funded_pool_workerID
 BiblePay Core will test your ABN, and attempt to pool mine with the default workerID, unless it finds insufficient ABN weight.  Then it will pool mine with your workeridfunded workerid as a fallback plan.

← Older revision		Revision as of 15:43, 13 July 2019
Line 90:		Line 90:

	Follow the Pool Mining instructions above to create a pool account, create the same biblepay.conf file, except when creating your worker in the pool - choose "Funded ABN". The pool worker type designates the payment mechanism. When you start your miner, you will see a specific message (mining with funded ABN).		Follow the Pool Mining instructions above to create a pool account, create the same biblepay.conf file, except when creating your worker in the pool - choose "Funded ABN". The pool worker type designates the payment mechanism. When you start your miner, you will see a specific message (mining with funded ABN).
		+
		+
		+	'''Dual Funded/Non Funded ABN Mining'''
		+
		+	If you would like to use your internal (self funded) ABN the majority of the time, but fall back to a funded ABN when your personal ABN is depleted, you may set the following keys:
		+
		+	workerid=your_non_funded_pool_workerID
		+	workeridfunded=your_funded_pool_workerID
		+
		+	BiblePay Core will test your ABN, and attempt to pool mine with the default workerID, unless it finds insufficient ABN weight. Then it will pool mine with your workeridfunded workerid as a fallback plan.
		+
		+

← Older revision		Revision as of 20:56, 12 July 2019
Line 83:		Line 83:


−	If you don't have enough BBP to mine with an ABN yet, no worries, you can still get started immediately and pool mine, and receive ~~an 80~~% ~~reward rate~~. (The ~~extra 20%~~ is split among ~~the~~ remaining pool participants with ABNs).	+	If you don't have enough BBP to mine with an ABN yet, no worries, you can still get started immediately and pool mine, and receive a reward reduced by the dynamic cost of funded ABNs.
		+
		+	(See the pool.biblepay.org about page for the funded ABN fee - it is currently 24% as of July 12th).
		+	(The profit that funded ABNs pay is split among all remaining pool participants with ABNs).

@@ Line 51: / Line 51: @@
 '''Setup for Pool Mining:'''
 Create a biblepay.conf file:
+<nowiki><pre>pool=https://pool.biblepay.org<br data-attributes="class=%22mw_emptyline%22"><br />workerid=your_worker_name (replace with your pool.biblepay.org worker name)<br data-attributes="class=%22mw_emptyline%22"><br />gen=1<br data-attributes="class=%22mw_emptyline%22"><br />genproclimit=number_of_cores<br data-attributes="class=%22mw_emptyline%22"></pre>Create an account on https://pool.biblepay.org
+</nowiki>
 Create a worker on pool.biblepay.org (navigate to Workers | Add) - When creating the worker, choose "Non-Funded ABN" (the default), meaning you provide the ABN.
@@ Line 98: / Line 93: @@
 * Type exec join pog
 * The default giving amount is 2.50 bbp per day (to the foundation).  If you would like to change this, change the key:
 <pre>pog_foundationdonationamount=nnnn (replace nnnn with the amount you want to tithe per 12 hours).<br /></pre>

@@ Line 53: / Line 53: @@
 <pre>gen=1<br />genproclimit=number_of_cores (Choose a number to replace number_of_cores that is the desired amount of CPU utilization.  For example if you have 4 cores, start with 4 and raise it until your CPU utilization is at the desired level).</pre>'''Setup for Pool Mining:'''
@@ Line 60: / Line 62: @@
 <pre>pool=https://pool.biblepay.org<br />workerid=your_worker_name (replace with your pool.biblepay.org worker name)<br />gen=1<br />genproclimit=number_of_cores</pre>Create an account on https://pool.biblepay.org
 Create a worker on pool.biblepay.org (navigate to Workers | Add) - When creating the worker, choose "Non-Funded ABN" (the default), meaning you provide the ABN.
@@ Line 94: / Line 98: @@
 * Type exec join pog
 * The default giving amount is 2.50 bbp per day (to the foundation).  If you would like to change this, change the key: