Hello Everyone.
Cryptosolartech is the subject for today. Cryptosolartech is coined from ‘crypto mining’ and ‘solar technology’. In this article, we are going to understand the relationship between this words and how to bridge the gap.
Solar technology is the technology responsible for converting solar energy to other forms of energy. solar is one of the renewable energies because it can be continually replenished and it is not harmful to the environment unlike the nonrenewable energies which are leading source of harmful CO2 emission.
Now in Crypto-mining, electricity is of major importance especially as it makes up to 70% of the total costs of operations. So, miners are always in search of places with cheap electricity cost. Since fossil fuels from nonrenewable energies are finite (despite the leading role in electricity provision) and more expensive compared to the renewable energy, this makes the renewable energy the preferred way to mine bitcoins and altcoins. Infact, statistics has it that – owing to the information from Bloomberg New Energy Finance estimates – by 2040, renewables will attract up to 60% of the total investment in global power generation capacity ($11.4 trillion).
The usage of solar energy is best in places like Spain, China and Iceland but for an outstanding project in terms of power generation, spain is highly preferred because of its sun condition and its output of 2,500 KWh/ m2.
Now to bridge the gap, cryptosolartech wants to revolutionize the gap using the blockchain technology as it many benefit will see to a win-win approach for both solar & miner sectors and thereby give an efficient results.
Cryptosolartech aims to solve the problem of crypto mining cost by providing the energy( Solar) required to sustain and run the miner plants during its long-term period of operation using the greenfield solar facilities. Cryptosolartech will take advantage of the good whether of spain and install several solar plants in the province of Seville (spain) that will generate energy to supply the electricity consumption of the mining farm.
Cryptosolartech, is a digital asset that grants access to certain Cryptosolartech services. The acquisition of the CST Token which is an Ethereum token, issues the right to have access to rent the facilities of the crypto mining farm equipment which is until a Token Generating Event (TGE) is launched.The TGE will sell the tokens with the access right and the various accepted forms of payment that are recognized are, Bitcoin (“BTC”), Ethereum (“ETH”) , Litecoin (“LTC”), Bitcoin Cash (“BCH”) Ripple (“XRP”), EOS (“EOS”) Monero (“XMR”), Dash (“DASH”), Qtum (“QTUM”), SALT (“SALT”) or wire transfer payment .
Tokenization
Symbol: CST
Softcap: 19,674,667 CST Tokens
Hardcap: 1,260,000,000 CST Tokens
Public token Sale: Tokens will be offered for 30 days starting on May 1st, 2018 and ending on July 15th, 2018.
Token Launch Start Date: May 1st, 2018 12:00 PM CEST
Token Launch End Date: July 15th, 2018 12:00 PM CEST
Initial Token Distribution Date: July 25th, 2018 12:00 PM CEST
This is a wonderful project but it is recommended that each participant should carefully weigh all the information and risks detailed in cryptosolartechs’ White Paper before the acquisition of tokens.
So, for more information _ kindly look below.
Whitepaper: https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf
Website: https://cryptosolartech.org/en/
Telegram: https://t.me/cryptosolartech
Twitter: https://cryptosolartech.org/en/
Facebook: https://www.facebook.com/cryptosolartech/
Authored By:
https://bitcointalk.org/index.php?action=profile;u=1050377
Wallet Address:
0x351528bb5d098aFc5495058DBb219e7F30a1573F
