The development of Cryptocurrency and Blockchain is currently highly competent, and it can be moved or expanded to various angles. Including Solar as a fuel and technology development.
Recently the international climate talks in Paris set an ambitious goal: limiting global warming to 2 ° C by 2100. Achieving that goal will require an additional investment of $ 1 trillion annually through 2050 in clean energy and other sustainability projects.
But the current level of investment is still far below the target level, which is also a major concern in the UNFCCC Cop23 ("World climate conference") talks in Bonn. As the public sector is struggling to advance financing, pressure on the private sector increased as discussions in Bonn showed.
Cryptosolartech introduces world’s first blockchain renewable energy. This project sets up the world’s first cryptocurrency mining. This is a Spanish company leaded by Pablo Alonso and Alain Aguirre. It is a digital asset which holds the ownership of a cryptocurrency mining farm. The so-called farm is going to be set up in Malaga in an industrial warehouse.
This farm is based on photovoltaic plant. They use blockchain of Ethereum as a management tool. The digital assets will be shared corresponding to digital tokens which make the company the sole owner of all assets. The reason for the establishment of Cryptosolartech is the consumption of energy. Mining requires heavy electricity supply.
So it becomes a real waste. And the electricity supply is becoming more and less. With the development of the world our needs are high. So, Cryptosolartech is going to cope up with this problem. With the development of Cryptosolartech they create energy source for mining farm to make mining more profitable and environmental friendly.
All other companies like KYC, Cryptfunder, Viva, and Egretia etc use blockchain technology for a fair, secure, and transparent process. Just like that in this project blockchain will provide secure, fair and transparent data supply for miners.
The high energy consumption for cryptocurrency mining is the main problem in this sector. The miners suppose an enormous energetic cost for its functioning due to the enormous mathematical calculations that the processors have to do. It should be noted that the life of cryptocurrencies is strictly linked to electricity.
Mining cryptocurrencies consume around 1.3 KWh of electricity, in addition to the large electricity consumption, we find that in some countries, rich in coal and oil, energy becomes cheaper by burning polluting fuels and causing more pollution and in turn a greater demand causing CO2 emissions to increase.
The proposal is to create a solar photovoltaic pool, capable of generating 45,000kW, enough power to supply the mining farm. Respira Energía will buy the energy from this plant to then send it to the farm located in Málaga, thus making the mining sustainable and profitable, without the need for common electricity.
Respira Energía uses only clean energy, a company whose origin of central production is 100% free of CO2.
Cryptosolartech is an ICO project. Anyone can participate in the event from any part of the world by obtaining CST Tokens from tokens sale platform. The Cryptosolartech crew will issue 1.260 million CST Tokens. These tokens will be made using the Ethereum technology.
Those who obtain these tokens will be profited from a company when company profit after they sell energy the token holders will be profited too. Thus, the profits will go to the wallets of the token holders via smart contracts. The investors are allowed to pay using ETH, BTC, LTC fiat currencies.
• Transparency
The users hold more than one token sometimes. Instead of making it private Cryptosolartech crew make the number of tokens held by one person public. Not only that but also the transfer information is public and can be viewed even going back in time
• Ownership
A token can be obtained only by one person. It cannot be shared. Also, a token holder means an Ethereum user and contract. If a token is to be transferred to another user the command should be given by the token holder. Another user can never interfere in such business.
• Token supply
Only one user, the contract owner can issue tokens
• Contract management
A contract owner is allowed to transfer the ownership to another Ethereum user or contract. The contract owner has the authority to stop or resume transfers between token holders.
• Other
Only gas cost spent on the transactions can be recovered. An error call can never be recovered.
Energy is a power source. It is not only used in mining but also in different other ways. However, the importance of energy is highly increasing. The development and the population increases. With that more and more power sources are needed.
The mining is an energy consumption project. It is environmentally harmful too. By this new technology-based blockchain mining becomes less energy consume project. The high electricity consumption is addressed. And Cryptosolartech will solve this issue by saving!
Related to this mission, you can visit the official page below:
WEBSITE : https://cryptosolartech.org/en/
WHITEPAPER : https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf
TELEGRAM : https://t.me/cryptosolartech
FACEBOOK : https://www.facebook.com/cryptosolartech/
TWITTER : https://twitter.com/cryptosolartech
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1695591
