Computational biologist, data scientist, digital artist | 
https://clauswilke.art/links | Hosting /ai-art & /clauswilke

So in this case Arweave has an endowment. Approximately 95% of user’s upfront fees go into this endowment. The purpose of this endowment is to release AR Tokens whenever a case may arise so that data storage continues to remain profitable for the miners. So far, however, there hasn’t been a need for this.

This blog outlines the process in more detail in case this piques your interest:

Education x Development
Dev Rel Community Labs
Open Sourcerer

This blog outlines the process in more detail in case this piques your interest:

https://www.communitylabs.com/blog/your-faq-guide-to-arweave-how-does-arweave-s-mining-mechanism-work

Apologies, I missed one cast from your thread regarding the demand for storage of old data. 

But to clarify this point, Arweave uses a mining mechanism where in order to store new data, a proof from some randomly selected historical data must be submitted.

This incentivizes miner to continue storing old data.

Hey @clauswilke curious what you think are the potential failures of Arweave that concern you in this regard?

Rohit

@ropats16