Bitcoin is about to halve, maybe you could mine DISC?

[Diskcoinorg]

There are less than 200 days to Bitcoin's halving cycle, and the bull market is coming soon? Sorry, I don't know if the bull market will come, but I know that there will be a large number of small hashrate miners who can't participate in BTC mining. Under the effect of halving, the reward for a single block will be reduced to 6.5 Bitcoins. If you want to maintain the current revenue, this means that the miner's hashrate must increase. You said that the mining machine is tens of thousands, and there is no money to add hashrate? Sorry, then you can only quit, no money, you may be unable to mine Bitcoin.

"The risk of leverage is high, the contract does not dare to join, and life can only be maintained by mining." - Che Guevara Miner

Although it is a joke, it is indeed a true portrayal of most miners, especially small miners. The biggest shortcoming of a small miner is that there is no money in the pocket, so they will choose to mine. After all, the risk of mining is lower and the revenue is relatively stable compared to the coin trading.

In this way, mining is really a good way, don't be too happy. Looking at the previous article, Bitcoin will soon be halved! This means that the fullnet hashrate will increase dramatically, the mining machine will have higher hashrate, and the individual is likely to no longer be able to participate in mining.

Then where should this group of small miners go? There are still tens of thousands of dollars, can you mine? I can tell you very responsible,yes, you can! And you can mine all the time, what will we mine? DISC!


What is DISC?

DISC is a crypto currency that uses CPOC (Conditioned Proof Of Capacity). You could use hardisk to mine the DISC. Is it incredible, and the hardisk can also mine? Don't be surprised, when the graphics card was used to mine Bitcoin, a large group of people was also surprised.



What is POC?

POC is the hardisk mining, POC uses the mechanical hardisk to store the answers needed for mining. The whole mining process is just using the computer's CPU to scan the hardisk space. Whoever has the larger hardisk capacity, who has a greater probability to crack the Block puzzles and get the block rewards.

POC strictly speaking, it can not be regarded as a new consensus algorithm, it is also a kind of POW, the biggest difference between the two is that one uses computing equipment (CPU, GPU, ASIC chip) mining, one use Storage equipment (mechanical hardisk) mining.



What are the advantages of DISC+POC?

It is no exaggeration to tell you that the current cost of mining a Bitcoin is about 40,000 kWh. Bitcoin miners are not paying for electricity, or they are on the way to paying electricity. Well, when it comes to this, you should be able to guess what the advantages of DISC are. Yes, it is power saving. The reasons are as follows:

The process of mining Bitcoin is to calculate the answer required for mining. This is similar to the students who do not work hard. When they are doing the work, they need to keep checking the books all the time, which is time-consuming and laborious. Mining Bitcoin is not only extremely inefficient, but also wastes a lot of power because of the long-term use of computationally intensive equipment.

The DISC hardisk mining is like a hard-working student. When you are doing a problem, you only need to fill in the answers in your head, which is easy and enjoyable. DISC hardisk mining, high efficiency and low power consumption, mainly before the start of mining, it uses the CPU, GPU to calculate a large number of answers, and then store the answer of the mining in the hardisk, the mining process is only every Scan the hardisk space in a few minutes.

This is the first advantage of DISC, saving power.



Some people may refute it: I have paid money on Bitcoin mining fees, and the electricity bill has been handed over to the country. Bitcoin has driven economic development. Yes, it is undeniable that Bitcoin has indeed brought some opportunities for economic development in some economically underdeveloped inland areas. But don't forget other reasons to mine Bitcoin in the inland area.

Anyone who knows Bitcoin mining knows that mining machines that mine Bitcoins are often overloaded, in which case machines often generate huge amounts of noise and heat. If the human body is in an environment of 80 to 90 decibels for a long time, permanent hearing damage will occur. It is said that if you are in a high-noise environment for a long time, you will be deaf. You said that a machine will not affect anything, then a Mine with hundreds of thousands of mining machines?

Bitcoin mining will accelerate global warming. In addition to the heat emitted by the machine itself, a large number of thermal power stations will release a large amount of carbon emissions. Bitcoin currently generates 22 million tons of carbon emissions per year. The global Internet's carbon dioxide emissions are only 33 million tons, and Bitcoin mining produces carbon emissions equivalent to one year's emissions in Hamburg, Germany or Las Vegas.

The mechanical hardisk used in DISC mining has its own characteristics of low power consumption, low heat and low noise. Even if you mine at home, it will not affect anyone or anything.

This is the second advantage of DISC hardisk mining. Energy saving and environmental protection.



In addition to power consumption and environmental protection, Bitcoin mining has problems such as high risk and centralization.

The risk is high. As mentioned earlier, Bitcoin mining requires 24 hours of uninterrupted calculations and the machine is in an overloaded state for a long time. In this case, the mining machine is prone to irreparable conditions. In many cases, the mining machine is damaged. In addition, the impact of the currency price on the mining machine is also very large. The ASIC integrated chip used by the Bitcoin mining machine is a device that only has one function (mining). If the price of the currency drops sharply, because the power consumed by the mining machine itself is extremely high, and the electricity expenditure of mining is the majority of the revenue, it is easy to make ends meet. At this time, the miners can only stop mining.

The hardisk and the graphics card, in addition to being used for mining, and the role of storing data, even if you can not participate in mining, you could format the hardisk, used to save movies, photos is also a good choice. And the price of the hardisk is extremely low, you can not use it, you can also sell it to people in need at low prices.

This is the third advantage of DISC hardisk mining. The residual value of the equipment is high and the risk of mining is low.



After 10 years of development, Bitcoin has gradually changed from a white paper concept of one person to one vote to a game in which only a few elites can participate. At present, the six mines headed by Bitland have mastered a hashrate of over 51%. In this case, it is very simple for six mines to do evil. They can modify the algorithm, roll back the transaction, and more. You can think that these six mines have controlled the Bitcoin network.

In addition to being a mining pool, Bitland has a status as a mining machine manufacturer. Bitcoin mining equipment can only be manufactured by a few mining machine manufacturers. They are both your friendly and your enemy. So it is not difficult to explain why Bitcoin is becoming more and more centralized. The mining machines they manufacture, the mine pool they control.

Everything is controlled by others, what else do you play?

The hardisk itself is the cornerstone of the construction of the Internet world. Therefore, it has many brands and large shipments. There is no one or two hardisk businesses monopolizing the hardisk. You raise the price and I go elsewhere to buy it. Therefore, from the source to eliminate the harvest of the hardisk business.

DISC hardisk mining through the hardisk capacity as a consensus basis, so that everyone can participate in mining at a very low cost, this way more decentralized, nodes are more dispersed, so its decentralization is higher than Bitcoin.

This is the fourth advantage of DISC hardisk mining, with a higher degree of decentralization.



Summary

The first decade of the blockchain belongs to Bitcoin, but POW also brings a lot of "troubles" to Bitcoin. The monopoly caused by centralization, the huge consumption of electricity, and environmental pollution have all become the pain points of the mining industry. The emergence of DISC has once again seen hope.

In a gossip, many people feel that the DISC, including the entire hardisk mining, has no hope. Indeed, the performance of the currency price is not satisfactory, but I hope that everyone will hold it and wait for the bull market to come. You only need to look at the advantages of DISC, it does not consume electricity.

The last sentence is given to a firm DISC believer. "hold coins in the bear market, makes money in the bull market, and when the bull market comes, you fly." - DISC Miner