could you please explain what will happen if i burn 1 coin? or 0.1?
Great explanation from earlier in the thread:
- PoB is the same as mining contracts! This is great, because every miner doing PoB has the same probability of hitting PoB blocks. Further burning coins is like extending your mining contract, not contracting more hashing power.
- You can know how much of your burnt coins has been used to hash on PoB via the decay feature. Decay/Confirmed Burnt coins = Percentage done of the "mining contract".
From reading the dev's whitepaper, it seems like the more coins you burn, the higher your chance of hitting a PoB block. Otherwise this explanation seems accurate, though.