Quote from: togoshigekata on August 07, 2018, 06:43:05 AM

Quote from: bible_pay on August 06, 2018, 05:10:30 PM

With the recent slump in price, I'm starting to look at ways of popularizing BiblePay.

I'm thinking it might be to our benefit to make it easier to get started as a researcher (for cancer mining) and easier to mine BiblePay.

We could consider removing the team requirement (IE you do not have to be in Team BiblePay for PODC payments); that would potentially open us up to the entire boinc network of World Community Grid and Rosetta researchers who are apprehensive about changing their team. They would still of course need to associate their CPID with our wallet, but they would receive PODC payments without being on our team.

The other idea is making us easier to heat mine. We could potentially allow heat mining for any CPID that is successfully associated with a public key (IE the researcher has successfully sent a burn transaction and is associated with one public key address already). This would make it easier to heat mine as then only one step is required and the user does not need to wait until being in a superblock. It would also make it easier on some people financially to get started.

We may also consider voting for a lower BBP-per-rac requirement, but in my opinion its a little early for that.

I am open to the above.

Im confused by some previous responses though, because in order to PODC mine with BiblePay you need coins staked,
which means if you really want to mine to your full potential, you need to buy some BBP.
But how many miners are buying coins for staking? and how much are they buying? I dont know.

Opening up the team requirement could have a lot of benefits, but I could see miners being against this, more competition meaning less profit,
These new miners would still have to install BiblePay wallet to do CPID burn address, and then they would still have to buy BBP in order to do staking. Right?
Some of these miners could potentially convert and become BiblePay fans

I also think we need to always keep newbies in mind, and help them as much as we can.
Ive seen and heard about some people leaving BiblePay as a miner after the PODC update, they said mining got too complicated/confusing.
Would be cool to have a youtube tutorial on how to get setup with PODC.
We also need to make sure our guides and documentation are easy to use and newbie friendly.

Anyone interested in creating a Youtube PODC Tutorial?

Anyone interested in reviewing/editing our Mining Documentation?

NOTE: Remember, ANYONE can be paid BBP coins from BiblePay's Monthly Budget for their work!,
just create a proposal: http://forum.biblepay.org/index.php?board=5.0 and submit it through the pool or wallet

Quote

Im confused by some previous responses though, because in order to PODC mine with BiblePay you need coins staked,
which means if you really want to mine to your full potential, you need to buy some BBP.
But how many miners are buying coins for staking? and how much are they buying? I dont know.

Miners are one time buyers who buy an amount of coin to stake, true. But after miners have made their stake, generally miners do not continue to buy. I feel like the coin would be in worse shape without the staking requirement. The coin needs buyers who are willing to take a portion of their pay check or income source and invest a percentage into Biblepay on a regular basis or keep finding people who are willing to make an investment. The people who do this are supporting orphans and research on a regular basis, with the chance of making a profit.