FUTURE OF CRYPTO MINING LIES IN SOLAR ENERGY
Cryptocurrency miners have been trying to lower their costs since the advent of Bitcoin (BTC). Now, due to adverse cryptocurrency market conditions, this endeavor has become increasingly critical.
Consequently, some miners are now using solar energy to run their operations. For example, Reddit user “cadese” claims he is using solar panels to reduce costs significantly — stating:
Bitcoin mining is forcing me to go solar power. I just installed solar panels to run my miners during the day. Not only does my house get heated but I cut the mining cost by 75%. Why? …
Knowing the bitcoin exchange rate for 2019 will allow you to plan investments in cryptocurrency and extract maximum profit from them. What price for bitcoin can we expect in 2019? What do the experts say? What should an investor be looking at?
In December 2017, the cost of bitcoin went over the $20,000 mark, which made even those with no previous interest in cryptocurrency start to think about investing in it. The experts announced a great future for virtual coins. …
Bitcoin (BTC) crashed $500 in minutes on Oct. 23 after a sudden jolt sent markets tumbling to fresh lows.
Bitcoin firmly ditches $8K range
Data from Coin360 captured the moment panic hit for traders on Wednesday, BTC/USD going from $7,950 to $7,450 in just five minutes.
Bitcoin’s gyrations have attracted a lot of attention over the past year. Here are some of the most memorable comments from senior figures in world finance.
Yves Mersch
Yves Mersch, a member of the European Central Bank’s executive board, called for a global clampdown on virtual currencies because of their threat to financial stability on 8 February. Bitcoin transactions can easily take several hours to process, he noted in a speech in London.
At these speeds, if you bought a bunch of tulips with bitcoin they may well have wilted by the time the transaction was confirmed.”
Agustín Carstens
The new head of the…
The energy used to mine bitcoin has long caused debate over whether it’s a wasteful process. As the arguments have rumbled on, some people have been focused on mining coins with renewable energy. On May 29, Christian Ander, the founder of Stockholm’s Btcx exchange, explained how instead of selling surplus solar energy, he’s been using it to mine bitcoin and making 10X the money he would selling the electricity to the grid.
Choosing to Mine Bitcoin Over Selling Power to the Grid
Mining cryptocurrencies like bitcoin cash (BCH) and bitcoin core (BTC) utilizes electricity in order to power the ASIC machines that profit from mining coins. Over the last few…
French retailers will start supporting Bitcoin payments starting with early Q1 2020. Thirty French retailers — among Decathlon, Foot Locker, Intersport, and Sephora, will accept Bitcoin as payment, and BTC will be converted into euros when the sale is completed.
The announcement was made during Paris Retail Week which took place on September 24, when Cryptoglobe, the crypto news outlet in France made it public on their website.
Economy 3.0 Made Possible through Bitcoin
Thanks to a new partnership between point-of-sale technology provider Global POS, EasyWallet application and payments platform Easy2Play, costumers will be able to use their BTC to…
A solar power plant is any type of facility that converts sunlight either directly, like Photovoltaics, or indirectly, like Solar Thermal plants, into electricity.
They come in a variety of ‘flavors’ with each using discretely different techniques to harness the power of the sun.
In the following article, we’ll take a quick look at the different types of solar power plants that harness the sun’s life-giving sunlight to produce electricity.
1. Photovoltaics
Photovoltaic power plants use large areas of photovoltaic cells, known as PV or solar cells, to directly convert sunlight into usable electricity. …
Introduction about Trustinvestment
Trustinvestment is an investment project focusing on cryptocurrency mining which is operated by clean and cheap power generated by solar power plants using an overwhelming device known as ASIC. This technology is used to mine Bitcoin and coins of high profitability. At the same time, Trustinvestment utilizes BOT and artificial intelligence to increase its investment capital value. Currently, the price of Trustcoin has doubled from $0.1.
Their Head office is 919 North Market Street, Suite 950 Wilmington, Delaware 19801 USA. Its branch is 20–22 WENLOCK STREET, LONDON N1 7GU in UK.
Trustinvestment created four ecosystems that help this project develop…
Antminer S9 Hydro has a rated hashrate of 18T and a wall power consumption of about 1728W. Unlike traditional air cooled miners, S9 Hydro adopts a water cooled system for heat dissipation and it can mine along with a specific power source: the APW5. Individuals or families can use a S9 Hydro-Hex external water circulation module for heat dissipation, while in large mining farms, low noise and high energy saving mining effects can be achieved with outdoor water source.
For the first time, Antminer S9 Hydro is adopting the most innovative water cooling design available for heat dissipation. Thanks to…
While the BITCOIN and ETH market was volatile, Trustcoin remained stable. The price of Trustcoin has increased continuously from $0.01 to $0.221, increasing approximately by 221%.
The Takeaway
- Bitcoin prices have more than doubled in 2019, far outpacing the 31 percent return for U.S. tech stocks, which Goldman Sachs deems the best-performing asset class year-to-date.
- Outsize returns could attract interest from big investors in the yield-starved traditional financial markets.
- Executives at data firm Messari say bitcoin prices, currently around $8,200, could rally to a new high in the year’s remaining months, topping the $12,902 level reached in June.
Investors would…
@Trustinvestment2019
The world’s largest cryptocurrency mining center, operated by ensuring clean and cheap power, is created by solar energy, use ASIC technology and AI trade 🌞🌞
