Application US20200279284

METHOD AND SYSTEM FOR USING RECYCLING TO IMPROVE BLOCKCHAIN MINING
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US20200279284

1. A method for awarding blockchain mining fees based on recycling efforts, comprising: (5) (4)

receiving, by a receiver of a processing server, recycling data for each of a plurality of mining systems, where the recycling data includes at least an amount of recycled materials and an identifier associated with the respective mining system;

receiving, by the receiver of the processing server, validation data for each of the plurality of mining systems, where the validation data is received from one or more third party entities and includes, for each of the plurality of mining systems, a confirmation of the amount of recycled materials included in the recycling data for the respective mining system;

selecting, by a processing device of the processing server, one of the plurality of mining systems, where the selection is weighted based on the amount of recycled materials for the respective mining system compared to a total amount of recycled materials for all of the plurality of mining systems; and

receiving, by the receiver of the processing server, a new block generated by the selected one of the plurality of mining systems, where the new block includes at least a block header and a plurality of blockchain data values including at least one blockchain data value corresponding to a blockchain transaction for payment of mining fees for the new block to a wallet associated with the selected one of the plurality of mining systems.

2. The method of claim 1, further comprising: (1) (2)

4. The method of claim 1, wherein the selection is random or pseudo-random based on the weighting. (0)

5. The method of claim 1, further comprising: (1) (2)

7. The method of claim 1, further comprising: (0) (3)

8. The method of claim 1, wherein the recycling data received for each of the plurality of mining systems is received from the respective mining system. (0)

9. A system for awarding blockchain mining fees based on recycling efforts, comprising: (5) (3)

a receiver of a processing server configured to receive recycling data for each of a plurality of mining systems, where the recycling data includes at least an amount of recycled materials and an identifier associated with the respective mining system, and

receive validation data for each of the plurality of mining systems, where the validation data is received from one or more third party entities and includes, for each of the plurality of mining systems, a confirmation of the amount of recycled materials included in the recycling data for the respective mining system; and

a processing device of the processing server configured to select one of the plurality of mining systems, where the selection is weighted based on the amount of recycled materials for the respective mining system compared to a total amount of recycled materials for all of the plurality of mining systems, wherein

the receiver of the processing server is further configured to receive a new block generated by the selected one of the plurality of mining systems, where the new block includes at least a block header and a plurality of blockchain data values including at least one blockchain data value corresponding to a blockchain transaction for payment of mining fees for the new block to a wallet associated with the selected one of the plurality of mining systems.

10. The system of claim 9, further comprising: (1) (3)

12. The system of claim 9, wherein the selection is random or pseudo-random based on the weighting. (0)

13. The system of claim 9, wherein (1) (2)

15. The system of claim 9, further comprising: (0) (4)

a transmitter of the processing server; and

a memory of the processing server configured to store the plurality of blockchain data values not including the at least one blockchain data value, wherein

the processing device of the processing server is further configured to generate the at least one blockchain data value based on a fee amount included in each of the stored plurality of blockchain data values, and

the transmitter of the processing server is configured to transmit the generated at least one blockchain data value to the selected one of the plurality of mining systems prior to receiving the new block.

16. The system of claim 9, wherein the recycling data received for each of the plurality of mining systems is received from the respective mining system. (0)

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Application US20200279284

METHOD AND SYSTEM FOR USING RECYCLING TO IMPROVE BLOCKCHAIN MINING

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