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  1. Blockchain technology

- Server Mining

Previous- Platform MiningNext- Node Mining

Last updated 8 months ago

Server mining is a method in which mining users purchase and manage servers and participate as Platform Peers to mine. Mining is performed according to the stored data sharing traffic and node ratio, and mining is performed by sharing the peer server internet line. Peers who participate in mining are provided with site information where they can check the mining results. It is rewarded with VRS Token.

Server Mining Formula

  • Reward(F)

  • The final reward (SM) for server mining is as follows

  • n = numbers of mining users

Detailed formula

  • Traffic (T): The amount of data sent to and from the server providing the data and the data users. It depends on the computing power and storage size of each node, and traffic is recorded in GB. Traffic factor values of 0.05 for 50-100 GB, 0.03 for 100-500 GB, 0.02 for 500 GB-1 TB, and 0.01 for 1 TB or more.

  • Number of nodes (N): The number of nodes provided by a user in one account. Nodes are counted by the number of CPUs or GPUs, with a node factor of 1 for 1, 2 for 2-5, and 3 for more than 5.

  • Engagement time (t): The amount of time the user provides storage to the server. The engagement is controlled by the user in the platform SDK. Values from 1 hour minimum to 24 hours maximum. Unit is hours.

  • Group server ratio (R): The percentage of total servers, including peer servers, that a group of platform servers represents. Value from 0 to 1.

Example algorithm

T = 200 GB, N = 1, t = 3h, R = 0.01

F = [ (2000.03) + (11) ] * (3/24) * 0.01 * 1000 = 8.75

T = 600GB, N = 1, t = 3h, R = 0.01

F = [ (6000.02) + (11) ] * (3/24) * 0.01 * 1000 = 16.25

T = 600 GB, N = 2, t = 3 h, R = 0.01

F = [ (6000.02) + (22) ] * (3/24) * 0.01 * 1000 = 20

T = 2TB, N = 6, t = 24h, R =0.01

F = [ (20000.01) + (63) ] * (24/24) * 0.01 * 1000 = 380