How HashBurst®Works
An Italian technology, open to all
- The Italian HashBurst Team has developed a proprietary technology that is an absolute industry innovation, which allows anyone to join the system through a software license, which can be installed on a standard PC or workstation.
- This approach breaks down barriers to entry: no expensive infrastructure or advanced technical skills are needed.
- Each participant contributes his or her own computational power and, based on how much he or she provides, gets a proportional share of the rewards distributed by the pools we operate on.
Creativity is the art of connecting what is seemingly disconnected, and Italian genius has always been able to do this masterfully.
Cit. G.E.P.
HASHBURST®
Mission & Vision
Our technology aims to build an eco-sustainable Cloud Computing system dedicated to PoW mining, finally and democratically returning this power into the hands of our Customers, just as in the early days of cryptocurrencies and blockchain.
- Currently, PoW mining is dominated by powerful ASIC miners that consume huge amounts of electricity. This has made mining an expensive and unaffordable activity for most people, concentrating mining power in the hands of a few large companies.
- The centralization of Proof-of-Work (PoW) mining poses a serious threat to the security and decentralization of cryptocurrencies. Large mining farms could use their power to manipulate the cryptocurrency market. For example, they could artificially pump or deflate the price of a cryptocurrency to profit from it or, even worse, censor transactions they do not approve of.
- HashBurst's solution , has as its mission to bring PoW mining back into the hands of the individual user, encouraging greater decentralization. Every person with a computer can contribute to the network, validate transactions and earn cryptocurrency rewards without the energy expenditure that has characterized mining until now.
- This not only democratizes access to cryptocurrencies, but also strengthens the security and reliability of the network itself by increasing the number of globally distributed nodes.
THE HASHBURST PLATFORM
- The HASHBURST project is an ecological mining platform , based on the concept of Green Cloud Computing, which provides mining services for cryptocurrencies such as Bitcoin, Ethereum Classic, Dogecoin, Litecoin and many others.
more crypto on the way
- NMC – Namecoin
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SYS – Syscoin
- DINGO – DingoCoin
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BELLS – Bellcoin
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JKC – Jackcoin
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LKY – Linkey
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ELA – Elastos
PEP – Pepecoin
Using constantly evolving algorithms powered by artificial intelligence, the software offers a highly efficient solution.
The software is installed by the company on standard new hardware, currently licensed for life, but there is no guarantee that this condition will remain unchanged in the future.
There is also for users, the possibility of self-installing a free LITE license on old and disused desktop PCs or laptops, and with internet connections that would be insufficient for the machines in the product catalog.
This simplified and depowered solution allows users to get acquainted with the system while optimizing resources and reducing environmental impact.
HashBurst is distinguished by the adoption of advanced technologies in hashrate management and distribution, thanks to the integration ofartificial intelligence (AI)-based algorithms , which maximize operational efficiency and reduce environmental impact.
In addition, the platform supports the creation of smart contracts for hashrate purchases, ensuring direct payments to users' wallets.
HASHBURST®
Logics of AI operation.
The System is capable of...
Create...
...an "intelligent" middleware service (AI on HPC) connecting to Stratum services, allowing it to hook into the primary pools of individual main-networks by algorithm type and thus crypto;
aggregate...
...to each individual zone master node (one or more virtual machines in containers on HPCs) via its own network protocol all those lower level, obsolete and reconditioned systems down to mini single board computers capable of producing "a minimum of one hash per second."
addressing...
...the collected hashes, algorithm by algorithm (i.e., for each crypto that the AI system decides to mine) to the specific pools using our geographic zone master node to interconnect via API to avoid the risk of having the connection cut off;
concentrate...
...the amount of hashes entered without losing contributions, i.e., with rejected shares tending toward 0%.
Remuneration
Based on the statistical analysis, in addition to the remuneration per share accepted (PPS), the reward model for the last best block resolving performance (PPLNS) is adopted.
Hardware Recovery
It is possible to use disused hardware, making it productive again and reduce e-waste, generating further savings.
"Smart" (Smart) multi-algo strategy.
The multi-currency strategy for best last performance allows you to send only the shares that can actually be rewarded for each round, then proceeding to solve an increasing number of them in multiple pools in the same time interval.
From data to results: HashBurst's artificial intelligence explained step by step.
In this video we learn how HashBurst's artificial intelligence optimizes mining and business processes, adapting in real time by analyzing billions of data points.
The training, supported by high-performance super servers, lasts up to 12 months and constantly refines the algorithms.
The result?
Increased energy efficiency, reduced costs, and maximum operational performance
