bimpzy: Solar energy for mining. ICO Cryptosolartech - Blockchain and energy for a better world

Hello, dear readers! Today I will tell you about the beautiful ICO called Cryptosolartech.

To date, several ambitious ICO are actively developing projects aimed at integrating solar energy and blocking technology. Ideas range from the release of altcoins for electricity trading and the stimulation of its production, to smart contracts being developed to manage the use of electricity from renewable sources, but I wanted from all ICO to single out only one that in my opinion is the most promising Cryptosolartech, ICO to date has already collected 59 000 000 euros, this is 86.55% of HARD CAP. Now I will try to tell you why they are so successful and who these people are.

I have already done all the necessary research and thoroughly studied Cryptosolartech, I can happily confirm that Cryptosolartech is a terrific team with excellent advisors.

With pride I represent to you!

They toоk care to provide us with all the infоrmation that we might need on them, as well as on the company. They оperate transparently and, therefore, gеt the trust they deserve from investors and potential users, such as us. On the Cryptosоlartech website, you can simply click on the imagе of each member, you will be redirеcted to their professional LinkedIn profiles. Here you can cоnsult and analyze the experience of each persоn as much as you need.

In this article, I will not retell the white paper, but I'll try and tell you in my own words.

Topicality

The production of crypto-currency has become a big business, and the global market capitalization of these coins exceeds $ 250 billion, according to CoinMarketCap. The main problem with Bitcoin, which may ultimately undermine its success, is the huge amount of energy needed to extract virtual coins. Bitcoin are created using specialized computers that search for the correct codes (hash keys). This electronic digging is becoming more popular, so more and more people are digging in search of this virtual gold. Sebastian Detman in 2016 estimated that by 2020, Bitcoin will require as much electricity as the whole of Denmark consumes.

The team aims to mine Ethereum, but it will be easier for me to say in my article about Bitcoin.

But the Bitcoin algorithm requires that in time it gets harder and harder. To make mining environmentally friendly, it is necessary to switch to renewable energy sources. Very beneficial can be the use of sunlight. The production of bitcoins is one way to get a good income - potentially a much larger income than under conventional electricity sales contracts - without any sales contract. The profitability of bitcoins extraction is determined by the cost of electricity more than any other factor. Therefore, if solar energy is cheaper than buying electricity from the grid, it makes sense to combine solar energy with mining.

Bitcoin mining operations using solar cells can be very profitable and have a payback period of one or two years. After that, the income is obtained with almost zero current costs for a minimum of 20 years. If most of the future mining operations use solar energy, geothermal energy, hydropower, biomass or wind energy, the huge energy needs for mining and their subsequent impact on the environment can be greatly mitigated.

Bitcoin-mining began as an activity that could be carried out on personal computers, but quickly turned into a powerful business that requires specialized chips and a large amount of electricity. This trend continues, and, as mentioned above, the cost of electricity is now the biggest factor in determining the profitability of production.

Another advantage of the renewable energy production model is that tax incentives for renewable energy sources can be covered by tax obligations from the sale of bitcoins.

TOKEN SALE

Currently Cryptosolartech ICO is 59 000 000 euro! This is quite effective. Many people really want this ICO to become a reality in appearance.

These tokens, purchased from Cryptosolartech, are called tokens CST. Tokens CST is a utility token built on the Ethereum block chain using a smart contract like ERC-20.

Buy a token here https://crowdsale.cryptosolartech.org/en/register Two weeks left before the end of the sale!

Thank you for taking the time to get to know this amazing project.

Respira Energía will buy the energy from this plant and then send it to the farm located in Malaga, which will make mining sustainableand 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 has already signed an energy purchase contract for 15 years with the company Respira Energía (https://cryptosolartech.org/doc/PPA-SERVICES-CONTRACT-CRYPTOSOLARTECH-SL.pdf , responsible for supplying interested consumers Cryptosolartech is an ERC-20 type token that will work in the Ethereum Blockchain. The CST token is classified as a utility token, so that all owners have the right to use the acquired assets and can request their exploitation and use at the time they require it. For this ICO a set of 1260 million chips of Cryptosolartech will be issued. All tokens that are not sold during the ICO will be burned. No more tokens will be issued in the future. The initial value of 1 CST is equal to 0.10 Euros.

The initial costs of both projects are the following:

Once the plant is launched, both those who bought the token and future customers, whether inexperienced users or specialists, will have an automated system that will give them the possibility to mine the cryptocurrencies they choose using the platform at their convenience. For this, they will be able to configure all the aspects they want in the personalized area of the proportional part of the farm they have acquired through the tokens.