Using Solar To Power Bitcoin Mining Could Yield Big Profits
Bitcoin mining is a nice fit for a desert solar project, since it needs no power line. The work comes to the site of electricity generation, not the other way round.
Bitcoin mining is a nice fit for a desert solar project, since it needs no power line. The work comes to the site of electricity generation, not the other way round.
Solar electricity production + blockchain = currency based on sunshine
Originally published on sister site SolarLove. In Western Australia, an 8-week experiment is underway in the National Lifestyle Villages in Busselton, near Perth. Using the virtual monetary technology behind “bitcoin,” 10 households will be able to track their energy usage and the amount of excess electricity generated by their rooftop solar … [continued]
Originally published on RenewEconomy. By Sophie Vorrath A Perth start-up is set to begin trials of its blockchain-based software program that, if successful, could mean the beginning of peer-to-peer energy trading in Australia, in which consumers buy, sell or swap excess solar electricity directly with each other, rather than to … [continued]
Originally published on Ecopreneurist. Cryptocurrency, sometimes referred to as digital currency or alternative currency, has been making waves in the news lately, mostly due to the rapid rise in value of Bitcoin. But there are other cryptocurrencies out there that are less well-known, including one new digital currency that is backed by the … [continued]
This article was originally published on Lenz Blog. There are multiple people on my Twitter timeline mentioning the fact that CO2 levels have passed 400 ppM for the first time. Let’s just point to this well informed and interesting explanation by Peter Gleick on Scienceblogs, titled “The Last Time Atmospheric … [continued]
The world of environmental problems is bad enough without adding digital problems to the mix, but that’s just what Bitcoin has done by virtue of being the most popular digital currency currently available. Bitcoin, for the uninitiated, is “a digital currency which was first described in a 2008 paper by … [continued]