From my understanding the process for miners to earn HNY token involves being able to capture hackers trying to hack Bitfence network and then share this threat with Bitfence, once Bitfence validates the threat with Bitfence risk scoring mechanism you get rewarded. The whole process looks like fun i'll be sure to partake in this.
I generally do not mine nor am I comfortable with it though but owing the way the mining operation of Bitfence has been structured and with the fact that energy consumption will be minimal, this is where I do love to start mining
BitFence mining system is totally different from the once I've encountered. It basically doesn't need much from you, all you've got to do is to join Bitfence network with your honeypot in place and once a hacker comes knocking you share this threat and you're done.
Yeah, I feel like the word 'mining' might have been an oversight from the marketing/dev team, it seems to be causing alot of confusion. Perhaps something like 'staking' or 'forging' would have been a better choice, as essentially the StingMiner functions much like a Masternode. It sits in your network and you get paid for uptime, and fingerprints of hackers successfully reported back to the network, there is no block solving going on, so it is the typical mining everyone expects.
