Proof of Capacity

In a sentence

The proof-of-capacity miner committed disk space rather than competing mainly with computation.

• The proof-of-capacity miner committed disk space rather than competing mainly with computation.
• Participants generated and stored plotting data before mining under proof of capacity.
• A larger storage allocation improved the miner’s chance of producing a block.
• Proof of capacity is also described as proof of space in some systems.
• The operator compared storage costs with the rewards available from the proof-of-capacity network.