Post
Topic
Board Announcements (Altcoins)
Re: BiblePay | 10% Charity | POW/POBH CPU Mining *novel* | Sanctuaries
by
harrisvan87
on 16/06/2019, 05:03:18 UTC
if i set one wallet for miners and put some coins there, how it will work? i red somewhere that abn will be 256k
so if i have now
  "Command": "getabnweight",
  "weight": 26944.78025462963,
  "total_required": 18490

then i will wait until weight will be 256k? and then one miner will be able to find block? and then some tx spend my weight to 0 and i will need to wait again until 256k?
and for higher frequency of blocks i will need to stake more coins so weight will be increasing faster?


Yes, exactly, in about 250 more blocks the ABN requirement starts and requires 256K ABN weight in order to mine a block.

So basically in your example here, that node will just throw an error once per minute (when the miner is enabled) something to the effect of :  ABN weight not sufficient to create a block.  (Note that if we have a late block, > 60 mins, those miners who have insufficient weight will actually turn on automatically because anyone can mine a late block).

So yes, if you deposit more into that miner, then it will mine (after block 126,000).

Note one other very important nuance:  Your ABN weight will not be reset to 0 unless you actually solve a block.  The weight keeps being recycled as the best block changes and never
 spent.  If you solve a block, your ABN transmission gets cashed in inside that block and therefore your abn weight recycles back to 0.  Obviously if you had 512,000 in the mining wallet(s) you would have enough to keep mining while its recycling...etc.



Hi Rob, So it means recycled per block ? if the miner solve a blocks then next block+ with ABN weight turn to 0, how about the block+1 still have chance to mine ?