How to set up BiblePay and also get free coin for DC'ing

Discussion in 'Mining & Cryptocurrency' started by Gilthanis, May 17, 2018.

  1. Gilthanis

    Gilthanis [H]ard|DCer of the Year - 2014

    Jan 29, 2006
    You can now earn BiblePay by running Rosetta@home.

    If you are not using BOINC and would like to donate your CPU and/or GPU resources to benefit science, please consider joining our team. We have tons of information in the Distributed Computing forums. I think you will find us to be a lot more helpful or willing to help than those in the mining crowd.

    You can download BOINC from here -
    I recommend using an account manager if you are going to run multiple projects. We have a how-to here -
    How to setup BOINC (due to the file hoster pics can only be seen by following place holders. A replacement thread/edit will come in the future) Windows & Ubuntu Cent OS 7

    Register with Rosetta@home
    Rosetta@home is a volunteer distributed computing project by the Baker laboratory, University of Washington, running on the BOINC plattform of the University of California, Berkeley.

    First, visit the Rosetta@home homepage and click on "Sign up" -
    Please join our [H] team after creating your account here -

    Install the BOINC software on your computer. The link above should walk you through it if you are not sure how. Attach to the Rosetta@home project. An example of attaching is provided in the how-to link above.

    Install Biblepay
    Important: If you already have a Biblepay Wallet installed, you can skip this step. But be sure that your wallet is the current version!
    The second component of Biblepay mining is the Biblepay Wallet/Client itself. The Version you need depends on your operating system:

    • Windows: Go to the Biblepay Homepage and download the Client/Wallet
    • Ubuntu Linux: Install the biblepay-qt package as explained in the Ubuntu Biblepay Wiki page
    • Linux and MacOS: Compile the source code from github and compile it on your own. The "doc" Directory on github contains important information about the compiling process. This is only for advanced users!
    After the installation has finished successful, please start the Biblepay Walltet/Client.

    Connecting Biblepay with Rosetta@home
    On the Biblepay Wallet, click on the Tab "Distributed Computing" to connect your Biblepay Wallet with Rosetta@home

    Important: You need at least 2 BBP (because the fee may be slightly over 1) in your Wallet to assign your Wallet to Rosetta@Home! If you have no BBP, please read The "Getting Biblepay" Guide to learn how to get your first Biblepay Coins
    On success, you will see your CPID (an identifier to link Biblepay with Rosetta@home) at the bottom of the page.

    It might take some time before the Biblepay network will accept your CPID. (Mine took less than 8 hours. After waiting a couple hours, I went to bed. The next morning it was there.)

    For those that would also like to mine directly
    Setup Proof of Power Mining
    This is an optional step
    To fully activate the Proof of Power Mining, you need assign more mining power to the PoW Mining.

    First, we need a Biblepay address:

    1. Open menu "File" -> "Receiving addresses"
    2. Click on "+ New" on the bottom left of the Popup
    3. A new address is added, right click the address and select "Copy Address"
    Next, we need to edit the Configuration file:

    1. Click on "Tools" -> "Open Wallet Configuration File" in the menu
    2. An editor will open, paste the following content into the open editor:

    3. Replace [BIBLEPAY_ADDRESS] with the Biblepay address in your clipboard.
    4. Save the file
    5. Restart the Biblepay Wallet
    Note: "genproclimit=" controls the amount of power is assigned to biblepay. Lower the value if rosetta stops working, or increase it to assign more power to PoW mining. The maximum value is the amount of cpu cores.
    You can check if your mining is working via the Debug console:

    1. Click on "Tools" -> "Debug console"
    2. Enter "getmininginfo" in the bottom input field and press enter.
    3. The result should contain " "biblepay-generate": true," and " "poolmining": true,"
    You can see your Mining status on the Pool webseite: by entering your Biblepay address. It might take an hour before you see your data there.

    Note: You can PoW-mine on as many machines as you want. Just copy your main wallet.dat to the wallets on other machines.
    You need to add the following line to the biblepay.conf of all wallets except your main one: utxooverride=-1
    This makes sure that only your main wallet sends PODC-updates

    You are now nearly done with all the setup, only one important point is left: There is something called Staking in use with Biblepay and Rosetta@home. To get the full reward for your work, you need to prove that you already have Biblepay coins. Without that, you will receive a smaller reward.
    This is done to prevent strong Botnets to overtake the Mining and harm all others, but it makes it a little bit harder for new miners to start mining.

    You don't need to spend the coins, you only need to have them in your Biblepay Wallet. That's all.

    Your work in Rosetta@home is counted in RAC, a credit system used by Rosetta@home itself. More work will result in more RAC. To get 100% of your work rewarded, you need 20 biblepay coins (bbp) per RAC. The result is called UTXO weight.
    Example: If you have 10,000 RAC, you would need 200'000 bbp in your Wallet to get the full reward.

    You can set the amount of staked biblepay coins in your biblepay.conf with "utxoamount=X" (x = amount of coins).
    Note: Biblepay and later will do this automatically.

    Important: You need at least 1 BBP per RAC to get any reward from the system. With less BBP per RAC, you will get no reward. You need 20 BBP per RAC to get the full 100% reward for your work.
    Last edited: May 18, 2018
  2. Verge

    Verge [H]ardness Supreme

    May 27, 2001
    Come on here flogging biblepay.... yes, this will end well.