Mining for everyone

The Burst mining system is unlike any other coin in existence: it uses your existing free space on your hard drive to mine coins. Because of this, it is naturally more decentralized, and very low on power usage. The difference between mining and simply running your computer not mining is so negligible you will not notice a difference on your power bill. Due to the nature of the mining process, and the fact that it is mineable most efficiently and cost effectively mined on consumer grade storage hardware, the coin lends itself to being much more decentralized by design. Everyone has free hard drive space, and purchase of another drive specific for Burst mining represents a small cost. Since the mining process itself doesn’t take much power (as hard disks only average <5W power, just like charging a mobile phone) it makes sense to mine just because you can.

This opens the door to the general public in a way that had never been possible before with other more ‘traditional’ style mined crypto-currencies. The mining process is very easy on hardware, and to date not a single piece of hardware has been reported to have issues due to the BURST mining process running on it. This means that you won’t have to worry about burning up your CPU or GPU like you would if you were mining the other types of cryptocurrency.

Electronic waste of traditional mining vs. unlimited re-usability of HDD capacity

How it works

For those who have not studied Proof of Work, a brief summary is that a Proof of Work is a calculation done that proves that an immense number of calculations (aka work) went into creating it.  In Proof of Work systems, miners continuously run numbers through a hash function looking for inputs which produces outputs that satisfy some set of constraints. In Proof of Capacity, miners do this work once up-front (this is called plotting), and save the results which they can continue to use for each block without the need to work continuously.

Mining is the act of using these plotted hard drives to power the network.  While mining, miners package all transactions they see on the network that have not yet been submitted into ‘blocks’. Then miners pull those Proofs off of the hard drive using a predetermined set of rules and submit them to the network. The end result is that the more hard drive space you contribute to the network, the more power you have over it.

How to mine

Technical overview

Click the following links to study more in depth the technical process that takes places during plotting, mining and block forging. This content has been written by community member @Quibus.