Re: What wire is for
Connect it to a ground stud on the engine block. Any bolt, or stud, it can reach will do, that goes to the head or block. Don't combine it with the battery ground.
That's how we did it with the yachts we built for Rampage. All our bonding wires were run to a bonding block, same as a ground block used for helm instruments, but designated only for bonding to the anode.
All metal componants were bonded together with several different 10 ga wires. Generator, fuel filters, water strainers, engines, fuel tanks, steering system,to this block, and ran from forward compartment, engine compartment, and rear compartment, each had this bonding block tied together, then anode. You could do an ohm test and get a reading on any metal in that boat, to the anode = Bonded, aka continuity.