for the case of blueray this means you require to read half of a disk within 4 minutes or even faster. the speed is limited to a maximum of 36 mb/s (8x) on the outer sectors and physically limited due to the facts that the medium rotates.
current holographic storage approaches look promising but there is no company releasing any products to public. eg. inphase announced to release a 300gb storage media for 180$ in 2007 and to release them in 2009. this means if the technology works it would be the perfect base to store your plots.
however, i just want to point out that hdds may not stay the only way to store your plotfiles in near future.
Ok, so hdd are still currently the best techonology.. if you can turn it off or on for extended periods of time, maybe energy efficiency isn't a big deal.
It's an interesting algorithm, couple thing I'm trying to figure out if someone could help me out:
How reliably can you be sure when it'll be your turn to mine? I guess multiple people could potentially mine this block but it's just the person with the highest number wins or something like that?
Also, I mostly understand how you create the plots from reading the introduction.. how do you then verify that you pulled out the correct one and that you have rights to author the block to the rest of the network in a way that they can verify it.. seems to me like the rest of the network would almost have to do a lot of heavy duty hashing to copy the way you generated that number in the first place and arrive at the same number in order to verify it. Must be some way around that?
You can mine with ur gpu etc. But due to the whole scoop thing, if you mine with cpu/gpu it is highly inefficient. 1 in 4096 blocks a scoop becomes valid, were it 1 in 16000 then cppu's would be advantaged, were it 1 in 512 ssd's would be advantaged. You get the picture? BTW, i'm on irc, so come #burst-coin
Check out the op, diagram there, and also, blocks are 4 minutes