BiblePay, referenced as the cryptocurrency for Christians, has its own algorithm, called Poof-of-bibleHash, that compensates full node participation and at the same time manages to prevent GPUs and ASIC using a smart technique. For a full blockchain transaction to be processed, it needs to reference the hashing function of the algorithm along with chained Bible verses. 10% of all funds are used for donations to non-profit organizations, charities and for ongoing financial support of orphans. Users can also contribute by donating computer power for cancer research and other important issues, while 90% of the mining power of users is used to power research for deceases such as HIV/AIDS, malaria and Alzheimer’s. The platform offers several wallet versions and the coin can be obtained and traded on a number of exchanges. Deflationary tightening of 10% a year lowers the risk of holding BBP, meanwhile, the team is aimed at being as efficient as possible, not wasting any energy.

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