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

Just did my first UTXO Stake joined to DOGE.  Should I switch from PODC (BOINC) to RandomX for the actual mining or just let the wallet do the mining in the background?  I promise I read through a lot of this, and I believe that RandomX is still supported, but I may have missed an answer.

You can do both if you want:  RandomX gets you the coinbase reward (about 4K per block but split up in the pool), UTXO gets you the daily DWU reward.

Hey Rob.
Could you try help out this new user is having problems, will link to his thread:
https://forum.biblepay.org/index.php?topic=765.new#new
Thanks

Sure.

*** FUNDRAISER STARTED FOR TUBE WELLS IN PAKISTAN ***

Please see here:

https://forum.biblepay.org/index.php?topic=766.new#new

Can someone please tweet it?

*** Next BiblePay version (Harvest) ready for testing in TESTNET ***

This next version is a rebase, meaning we will need lots of help testing it to ensure full code coverage, please join us in testnet:
https://forum.biblepay.org/index.php?topic=762.new#new

Status update on the tube wells in Pakistan

Im sitting here in the spring sun in Sweden writing this report. Its wednesday  24th 2021
Im super happy to announce that so far we have collected over 600 USD  for this project.  Essentially we are more then 60% of the goal in less then 48 hours.

I want to thank all who have donated for your kindness.

Status update on the tube wells in Pakistan

Im sitting here in the spring sun in Sweden writing this report. Its wednesday  24th 2021
Im super happy to announce that so far we have collected over 600 USD  for this project.  Essentially we are more then 60% of the goal in less then 48 hours.

I want to thank all who have donated for your kindness.

Thats really awesome, Earlz!
What percentage came from BBP coins?

The Foundation had 2.7MM, and I just sent all of it.

Around 2/3 from biblepay and 1/3 from monero so far. I havent checked wallets yet today but i will take a look later when i go to workshop.

I will also enter testnet again and see if i can help with anything.
Have a good one!

Harvest Finance invests in any defi project with high yields, using ethereum.  They have invested $880 million in Sushi Swap, who might have just changed their code yesterday to default on them.

This brings up an interesting opportunity.  We may want to seek out some of these funds seeking a return on staking with bbp being an option.

Im going to focus on merging in our Ether changes asap, and we also have one related request to make BBP work with Segwit BTC addresses, we will look at that too.

** Tube Wells in Pakistan Fully Funded! **

Thats really awesome, Earlz!
What percentage came from BBP coins?

The Foundation had 2.7MM, and I just sent all of it.

Earlz has informed me that the tube well project is already fully funded and has generated about $1125 ($125 over).  We can use the extra money to sponsor 3 orphan payments.

Thank you everyone for your great compassion and charity in this endeavor.

We did this in only one week, imagine what we can do in the future together!

Weekly BiblePay Prayer Call - Business Update

Continuing this Sunday at 3PM CST/8PM UTC (March 21st, 2021) we will be holding a 60 minute prayer call (and business update):

The agenda:
30 minutes: Prayers with Evangelist Patrick & Rob (this includes prayers for the world, our prayer list, warfare, healing, and finally
 BiblePays future).
15 minutes: Business Update (what we are working on and important immediate issues, new ideas for the Christian dashboard)
15 minutes: Questions from Pat or the audience

Who is Evangelist Pat?  He is our prayer co-captain and founder of Haven of Refuge, a ministry that specializes in deliverance from PTSD.


Please join us on Sunday at 3PM CST/8 PM UTC:

https://www.freeconferencecall.com/wall/rob8694/host


Update:  So far, we had One prayer call, and we had 4 participants and we had a great time!  The prayers were edifying and the update helped set our course for the future.  Please join in this weekend!

If anyone is unfamiliar with UTXO staking, you can earn up to double per year on your hybrid stake-- if you combine your BBP with another supported currency.
For example, we support DOGE, BTC, LTC, and DASH currently. 

The reward on the amount of the stake is dynamically determined according to the actual participants in the leaderboard.  So right now for example, the DWU for BBP by itself is approx. 14.5%.  The DWU for a hybrid position is currently 29.45%.

I just got around to staking my DOGE and Im posting the result so you can see the difference between a BBP only stake and a DOGE-BBP stake:

"BBP UTXO": "393d1db2c05381d3bd5b88b448b70cb0e5324785c4108d57ea673edea971793f-26",
  "BBP Address": "BQXj5kV9LVUZGF4ipFCRmkzBbZu366grJt",
  "BBP Amount": 5000000.001,
  "Foreign Symbol": "DOGE",
  "Foreign Amount": 20000.90663,
  "Foreign UTXO": "c4eb9869dfc9c5ea18cb7aa6c154c103fc79bc03f4bce9356b2273af6c18e65f",
  "Foreign Value USD": 1009.921827750845,
  "BBP Value USD": 906.2990181150097,
  "DWU": 29.45432133446527,
  "Foreign Ticker": "DOGE"

So you can see above, since the DOGE is worth $1009 and the BBP is worth $906, this stake is worth $906 * 2, with a DWU of 29.45%.

Note that our DWU will be increasing soon, as PODC will be retired in approx. 7 more days, giving people even more reason to use BBP for their long crypto portfolio.  Help hedge your fiat risks for your family with a hybrid crypto position.

Currently, our sanctuaries receive 41% of the block reward, and I feel now that we have UTXO staking, we no longer need to pay the sanctuaries such a high percentage (although realize our sanctuaries are required to sponsor one orphan each, so we do not want to decrease it dramatically).  Im thinking we will vote on a decrease for sanctuary % down to approx 20%, moving the extra 21% into the UTXO daily rewards.  We will also vote on decreasing the monthly superblock governance budget down from 8.75% to 5%, giving this extra amount over to UTXO staking also.  I feel this will make us more efficient and competetive.  When our price rises, I feel there will still be enough in the 20% sanctuary reward to easily afford an orphan and make a profit (for the sancs, and it will still allow us to proclaim that we give more than 10% of our coin emission to orphan-charity). 

** State of the Stakes Report  March 25th 2021**


Our last SOS report was approx 17 days ago.



Current SOS report:
 "Total BBP": "900593260.36999993" (Last 600MM), UP 66%
  "Total BTC": "2.02045092" (Last 2.00), UP 1%
  "Total DASH": "51.85396063" (Last 33.34), UP 64%
  "Total DOGE": "31289.72922614" (Last 0), UP +9999%
  "Total LTC": "49.90807566" (Last 39.4), UP + 25%
  "Total Foreign": "31393.51171335" (Last 74), UP +9999%
  "Total Hybrid BBP": "1038231204.03999990" (Last 722MM) UP +38%

Leaderboard participation:  51 to 68:  UP 33%
We now have 1.038B BBP locked (up from 722MM two point five weeks ago), up 38% since the last SOS report!  This is phenomanal progress.
Counting our 40 sancs with locked coins this means we have 1.18B locked (out of our supply of 2.5B) or 47% now locked!

Lets keep chipping away at the sell wall on SX.

Our next great chance at success comes from ETHereum.  Maybe some of those that struck it lucky will enter into our space.


As far as the sell side order book in SX, we increased from 89MM to 160MM, a negative trend - most likely due to the pump n dump buyer last week who bought all the coins just to put them on sale at a higher price.

Our DWU is stabilizing at 14.5% for single BBP stakes and 29% for hybrid-foreign stakes with 900MM stakes locked.

We see an increase in users from 51 to 68, up 33%.
Overall, a very good report. 

I have a question to those of you in the USofA -
I am trying to do the right thing with my taxes and cryptocurrencies. Can you suggest any services that might help me to wrap up all of the .csv files from wallets and exchanges for a complete picture of holdings and earnings? It seems rather complex and my brain hurts, but I want to honor God and do it right the first time. Any help is appreciated!
Radar

I have a question to those of you in the USofA -
I am trying to do the right thing with my taxes and cryptocurrencies. Can you suggest any services that might help me to wrap up all of the .csv files from wallets and exchanges for a complete picture of holdings and earnings? It seems rather complex and my brain hurts, but I want to honor God and do it right the first time. Any help is appreciated!
Radar

Just from a quick google search I came upon https://cryptotrader.tax/ that seems to simplify this process maybe. Other than that, how do you generally file your taxes? If you use an online service, it may guide you through the process as well.

BiblePay 1.5.5.3-Leisure Upgrade

- Add ETHEREUM staking
- Add ETHer price to exec price

Windows and Linux have been released.  MIP will notify when MAC is ready.

Now you can stake your ETHEREUM with BIBLEPAY.  Please use the 'easystake' command with ticker "ETH".

For more information on staking:
https://wiki.biblepay.org/UTXO_Mining




Please MIP or Togo tweet this out.