Retained Proof of Work Mining: A Market-Driven Innovation
To realize its vision of a sustainable, demand-driven blockchain economy, Canxium has developed Retained Proof of Work Mining - a revolutionary approach to mining that ensures CAU issuance is determined by real market demand rather than fixed supply schedules.
Unlike traditional mining models, which follow predetermined supply curves, RdPoW dynamically adjusts based on difficulty and participation, ensuring a healthy, self-regulating economy.
Two Types of Retained PoW Mining
- Independent Mining
- Miners generate special mining transactions defined by Canxium.
- They can retain their proof of work or submit it immediately to the network for rewards.
- This method ensures efficient and decentralized mining, independent of external blockchain systems.
INFO
Currently, this mining method only supports the Ethash algorithm, and may be replaced by Cross-Chain mining with ETC or ETHW in the future.
- Cross-Chain Mining
- Miners can leverage PoW from other blockchains (e.g., Bitcoin, Kaspa).
- This retained proof of work is then submitted to Canxium in exchange for CAU rewards.
- Cross-mining integrates multiple PoW networks, creating a broader, interconnected mining ecosystem while reducing redundant energy consumption.
INFO
Kaspa is the only supported chain as of now, more chains will be integrated in the future
A Growing, Sustainable Mining Economy
Since launch, RPoW Mining has gained rapid adoption:
- As of November 8, 2024, just three months post-launch, miners had created 1,586,887 secure mining transactions, generating over 12,273 new CAU coins supplied to the market: Retained PoW Mining Contract
- With the introduction of cross-mining, participation is expected to increase further, solidifying Canxium’s role as a bridge between PoW blockchains.
Why Retained PoW Mining Matters
✔ Market-Driven Supply Control: CAU’s supply adjusts dynamically to market conditions, ensuring sustainability.
✔ Decentralized & Efficient: RPoW allows miners to retain and submit PoW flexibly, optimizing resource use.
✔ Interoperable Mining Economy: Cross-mining enables PoW from different blockchains to be repurposed, fostering integration.
To learn more about Retained PoW Mining, its mechanisms, and how it works, refer to the Whitepaper and Technical