I have an idea to use data as a miner

[j1792]

The current POW relies on computing resources or storage resources, which will bring relatively high costs to maintaining the hash rate. Once the mining revenue decreases, miners will quit and the security of the network will also be reduced.

Therefore, I believe that as the block reward decreases, if the price of Bitcoin does not increase significantly, it is likely that many Bitcoin miners will have to quit mining. Maintaining a minimum block reward would be a solution, but it would also mean continued selling pressure.

If we can mine with pre-computed data, that is, the data is the mining machine, then even if the block reward decreases or the coin price decreases, it will not cause the hash rate to drop significantly. Because the cost of storing this data is very low.

When the cost of maintaining the hash rate is low, we can lower the minimum block reward as much as possible, which results in a lower inflation rate. And this is good for maintaining a higher coin price.

The same as storage mining, there is a cost to calculate these data, but the storage cost is so low that it can be ignored. Compared with POS, they are both low-energy consumption and low-cost mining methods. But it is obvious that the method based on data mining is more decentralized.

Hope to get your replies and suggestions.