Why do we need wind energy?
Our Earth is getting hotter, in fact, by 1°C on land over the last 100 years, and the overwhelming consensus is that the human activities, particularly the emission of greenhouse gasses, are the cause.
The energy sector is by far the biggest source of these emissions, both in the UK and globally, and if we are to tackle climate change it is clear we need to move away from burning limited fossil fuel reserves to more sustainable and renewable sources of energy.
As well as being good for the planet, this is also good for economy as it reduces the UK’s dependency on oil and gas imports — improving the balance of payments while also increasing energy supply security.
Almost uniquely there is cross-party political concensus that we need to see more renewable energy and the Government has set a binding target for 20% of the UK’s electricity to come from renewable sources by 2020.
Wind power is a well proven and cost-effective technology and expected to be the main way in which industry responds to the Government’s targets — so becoming an important source of electricity in years to come.
Wind energy for Cryptocurrency mining
It has been well-documented that popular cryptocurrencies such as Bitcoin and Ethereum combined use more energy than Iceland, Syria and Jordan. The good news though, is that this is driving crypto-miners to use clean energy, lowering costs, helping the planet and even generating profit.
Mining is the process by which new crypto coins are created. Unlike traditional money that is printed and distributed by the government, cryptocurrency doesn’t have a ‘central government’ per se.
Instead, ‘miners’ use software to solve mathematical equations (known as hashes) which verify transactions. As an incentive, each miner receives a small amount of cryptocurrency in exchange; a service that could be described as competitive bookkeeping.
Wind Coin to rescue
Wind Coin is an ERC20 Token on Ethereum platform with a purpose to connect producers and consumers of wind energy by integrating existing and future wind turbines to a global network. To get there, Wind Coin’s mission is to provide commercially viable wind turbines for households and small business and redistributing surplus of energy back to the network by using WindCoin, bringing all involved parties extra profit.
This is an incentive creation strategy for faster and smother adoption of wind energy. Follow this promising project to remain updated on advancements they are making.
ANN : https://bitcointalk.org/index.php?topic=2346147.0
Twitter : https://twitter.com/WindCoin
Telegram : https://t.me/joinchat/HTREK023k1MvmaMjL57JcQ
