Let's talk about Hashburst

  • Hashburst, created by Gabriele Edmondo Pegoraro, is an innovative mining solution proposed by Crypto Verse and Synapta.
  • Crypto Verse and Synapta are two innovative start-ups that, together with Hashburst, have developed and marketed a revolutionary technology that enables Proof-of-Work (PoW) mining with negligible energy consumption.
  • This project presents itself as an eco-friendly mining platform, exploiting the concept of Green Cloud Computing to offer mining services for cryptocurrencies such as Bitcoin, Ethereum Classic, Dogecoin, Litecoin and many others.
  • Hashburst distinguishes itself by adopting advanced technologies for hashrate management and distribution through the use of AI (Artificial Intelligence), which optimises efficiency and reduces environmental impact. In addition, the platform supports the creation of smart contracts for hashrate purchases, offering quick payments directly to users' wallets.



MISSION

Replacing mining farms with an energy-efficient system
  • 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 centralisation of Proof-of-Work (PoW) mining poses a serious threat to the security and decentralisation of cryptocurrencies. Large mining farms could use their power to manipulate the cryptocurrency market. For instance, they could artificially pump or deflate the price of a cryptocurrency to make a profit 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 decentralisation. Each person with a computer can contribute to the network, validate transactions and earn rewards in cryptocurrencies without the energy expenditure that has hitherto characterised mining.
    • This not only democratises access to cryptocurrencies, but also strengthens the security and reliability of the network itself by increasing the number of globally distributed nodes.

PROFITABILITY AND SUSTAINABILITY

The key to Hashburst's profitability is an advanced AI-driven system that reduces energy consumption by hundreds of times compared to conventional technology.

ARTIFICIAL INTELLIGENCE

Artificial intelligence analyses in real time where transactions are most likely to be validated, reducing rejected transactions on the blockchain to almost zero, and receiving rewards from the various pools in different ways: not just by closing blocks.

WALLET NON CUSTODIAL

The web interface is non-custodial and payouts are sent directly from the mining pools to the users' wallets, ensuring a remunerative process with demonstrable origin of funds for possible AML checks

Operating Logics

The solution aims to replace traditional PoW mining farms with a low energy peripheral system based on decentralisation by local area clusters, which represent a substitute master node of the farm, directed by an orchestration system..

The system is able to:

    • create an 'intelligent' middleware service (AI on HPC) to connect to Stratum services, allowing it to hook up to the primary pools of the individual main-networks by algorithm type and thus crypto;
    • aggregate to each single zone master node (one or more container virtual machines on HPC) via its own network protocol all those lower level, obsolete and reconditioned systems, up to mini single-board computers capable of producing 'a minimum of hashes per second'.
    • The hashes collected, algorithm by algorithm, i.e. for each crypto that the AI system decides to mine, are routed to the specific pool using our master node to interconnect via API to avoid the risk of having the connection cut off.
    • In the next step, the AI system will concentrate the amount of hashes entered without losing contributions, i.e. with rejected shares tending towards 0%.
    • Based on the statistical analysis, in addition to the remuneration per accepted share (PPS), the reward model for the last best block resolving performance (PPLNS) is adopted.
    • In addition, it is possible to recover disused miners for recycling and reduce e-waste, generating further savings.
    • In addition, the multi-algo, multi-currency 'smart' strategy for best last performance not only allows you to send fewer shares, but to send only those that can actually be rewarded per round, then proceeding to solve more and more pools in the same time interval.
    • The rewards allocated to the account representing our Cluster, thanks to the HASHBURST blockchain, are immediately and directly self-released by its participants (sub-accounts) in proportion to the contribution entered and the duration of participation in the Cluster, net of overcompensation.

Algorithms with ‘Licence for Life

IMPORTANT!

    • For our mining system, it is important to realise that it takes between 9 and 12 months to reach full operation. Currently, those who purchase or have already acquired the licence are guaranteed its use for life (LIFETIME) and can count on a long-term opportunity. This condition may change by 2025.
    • The artificial intelligence used in our system adapts autonomously to different circumstances, analysing environmental and context data to continuously improve. The initial training process (TRAINING) can be autonomous or supervised, speeding up time through the use of HPC servers.
    • In the case of mining, the physical machines must send statistical data over time to the AI, which self-adjusts the parameters to optimise performance. This process involves an initial training period of one to three months, (for less stable machines this period could be longer).
    • After this period, the system enters a verification phase of production activities, with gradual growth until the sixth or seventh month. From this point, the payout frequency increases significantly, reaching its maximum growth between the sixth and ninth month.From the ninth to the twelfth month, the system stabilises, maintaining performance within thresholds defined by the artificial intelligence.
    • This stability currently benefits the customer in perpetuity, thanks to the lifetime licence included with the purchase of the machines.
    • Crypto Verse's high-performance computing (HPC) units, which are already partly pre-configured, achieve optimal production within the first few months, thanks to their high computing power and advanced level of training.
Discover the AI of HASHBURST: Functionality and Payment Times

In this video, we see how the artificial intelligence of HASHBURST works and how it can optimise mining and other business processes. Artificial intelligence is nothing more than a programme capable of autonomously adapting to different circumstances by analysing context and environment data.

Starting from an initial dataset, the AI trains itself (training) in an autonomous or supervised manner, continuously improving its performance. We discover the details of the training process, the role of super servers and how the system stabilises to ensure efficiency and savings. 

Thanks for your interest and happy mining!

Hashburst Blockchain

HASHBURST BLOCKCHAIN 

proprietary technology

Our blockchain, which is completely self-built without exploiting any pre-existing framework, was created primarily for security and telecommunication purposes. However, it is also particularly suitable for financial circuits due to its high speed and compatibility with other established token generation systems (e.g. Polygon, Solana, etc...). 

It does not require the initial 'mining' phase, as the tokens are pre-configured.
In traditional blockchains, this is usually necessary:

  • generate a basic block,
  • encrypt the basic block with the first transaction,
  • encrypt the base block with the second transaction,
  • and so on...

In other words, other blockchains have to implement encryption on every peer, which is manageable for the first few blocks, but becomes an extremely time- and energy-consuming process as the number of blocks increases. In contrast, our blockchain can generate both 'open ecosystems' and 'closed ecosystems'.

  • Our technology is a DLT (Decentralised Ledger Technology), based on a decentralised and distributed ledger. This system allows the master nodes to perform calculations per single region of the ecosystem, promoting speed of calculation and coin/token generation.
  • Due to the immediate response time of our blockchain, it is possible to exchange our tokens for financial assets, making our cryptocurrencies a true lever.
  • Furthermore, our blockchain has been built in such a way that it can be connected to all exchange APIs currently on the market.
  • Our framework is more compact than others, ensuring a low impact on infrastructure and the possibility of generating a large number of tokens.
  • As already mentioned, it is possible to connect our API to those of other cryptocurrencies such as Ethereum Classic, Bitcoin, Litecoin, Monero, etc., allowing cryptocurrencies created with our blockchain to be exchanged with other cryptocurrencies.

WEB APP

HASHBURST

here are some sample screen shots

Screen Shot of Dashboard of logged-in user
Screen Shot of Dashboard of logged-in user