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RE: Burst - Network Size (Miners, Pools and Difficulty)

in #news9 years ago

Thanks, what do you think about investing to gpu now? How the 1060 come in will change the game, there is saying it will go up to 30mh. I think i might be too late to invest in gpu but i am tempting. But i am not sure when eth will turn pos.

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Burst is a bit different. you need hard drives to mine it.

They store the result of using the shabal algorithm 4096 times on a nonce and an account id to generate a deadline.

Its called Proof Of Capacity but i call it Proof Of Luck where by the more hard drive space you have the more lucky you are to hit decent deadlines

It then re scans the drive every block using new parameters which changes the deadline. a factor is the network difficulty.

So is it better to start plotting at a higher numbered nonce or start at zero and then plot new drives from there? Thanks Lex.