Would some of you Burst-people mind to explain in my thread, how energy-saving your technology proof of capacity (POC) mining is? I would like someone to compare it to POS and POW:
"Which is the most environmentally friendly, energy-efficient altcoin?":
https://bitcointalksearch.org/topic/which-is-the-most-environmentally-friendly-energy-efficient-altcoin-982957
For good estimation, we would need a good calculation, of course, and for proof we would need some measurements and extrapolation...
But maybe we could get an idea.
Thank you.
Proof of Capacity energy usage compared to Proof of Stake
You still need a computer and hard drive running to power Proof of Stake... but let's say that you do add 4096 drives to that computer, you could split your plots up across thousands of hard drives, and the only turn on two hard drives at a time per block. With POC2.. you'll only need to turn on 1 hard drives, one that stores signatures, one that stores the current scoop being read.
And you turn two on for two seconds per 4 minute block(granted, I expect we'll lower block times sooner or later.). So a hard drive would normally consume 10 Watts but we can say it only consumes 2/4*60th of this since it's only on for 2 seconds per 4 minutes. So this means that it basically consumes 0.83 % of the amount of energy as one hard drive. Or 0.0167 Watts extra for two drives. Let's assume there is other over head or you are keeping them on longer or something.. and let's say that all these drives use 1 W to run.
Ahahah 1 hdd of 4096... And reading speed will beeee....ZERO?
Anyway hdd in sleep mode taking much amount of power, plus time to wake up is about 10 sec.
I figured you could totally turn it off right? Though you are probably right about wake up time... let me multiply by 10. Keep in mind Google did a study that shows that it does not significantly increase the wear and tear of a drive to turn it off and on regularly. An let's face it you are only turning it on and off a few times a day, even if you reduce the number of drives plugged in to 100 or so drives.
If you gonna have only 1 drive of 4096 to read, it's reading speed will be about 180mb/s, so it would take about 6-12 HOURS to read full 4tb drive)
so... can they make some sort of blocktime attack?) (cause we don't need to find block immediatelly(like standard PoW), so can they do it in a row?
we need new miner, which can premine next block