Cryptosolartech: Harnessing solar power to make cryptomining less environmentally harmful

© Cryptosolartech

The Spanish startup also sources cheaper electricity for cryptomining. It recently raised €8.85m in a pre-ICO, enabling it to build the world’s first solar-powered cryptomining farm 

00:00/00:00
As cryptocurrencies, particularly bitcoin, surge in popularity, so too has the amount of cryptomining and the energy it consumes.  The bitcoin hashrate, which measures how much power the bitcoin network is consuming, reached yet another all-time high last week. Cryptomining requires huge amounts of power to run the global network of computers that miners use. In a recent estimate, bitcoin-related energy consumption alone had reached that of the whole of Switzerland, the BBC reported. There are over 1,900 cryptocurrencies in the world. Mining just one bitcoin node consumes 1.3 KWh, which i...
Limited Reading

The rest of the content is only available if you are logged in.

Limited Reading

Edited by Bernice Tang, Sophie Douez

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.