Tag: Arweave mining calculator

Here’s how it works: The blockweave is maintained by miners who provide disk space and replicate the data stored in the network in order to gain AR tokens . In order to mine or verify a new block, miners must provide cryptographic proof that they can access the blockweave’s recall block — hence, Proof of Access.

Arweave is a new type of technology that uses a form of database to store data that cannot be deleted or changed, and uses economics to incentive people to store the data for long periods of time for the first time ever. This combination makes either public or private data permanent.