BiblePay (BBP) Will Adopt the RandomX Algorithm on March 24th
The BiblePay (BBP) project has announced they are going to be switching to the RandomX algorithm on March 24th, 2020, at block 184675. What is interesting here however is not only the switch to RandomX for PoW CPU mining, but the fact that the coin will support Dual Mining along with Monero (XMR), it is called BBP Dual Hash Mining and is in fact closer to merged mining. In theory, you will receive approximately 190% revenue for mining (more specifically, 90% in XMR rewards, and 100% of your hashpower in BBP rewards). Each RandomX hash has a full 100% chance of solving a BBP block (or a pool share), while each RandomX hash still has an equal chance of solving an XMR share.
There is a custom miner XMRig-BBP, based on XMRig, that you need to use in order to be able to take advantage of the BBP Dual Hash Mining feature and there is a new RandomX pool that will come on-line approximately 1 day before the fork goes live, the address will be: rx.biblepay.org. It definitely sounds interesting, though until the new pool reaches significant total hashrate it will be hard hitting Monero blocks often and that can really bring lower initial results. Still a novel idea and something different than just another hardfork to switch to RandomX as a mining algorithm.
– Fore more details about the upcoming BiblePay (BBP) hardfork to RadomX…
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