Chances are you hear the phrase “bitcoin mining” and your mind begins to wander to the western fantasy of pickaxes, dirt and striking it rich. As it turns out, that analogy isn’t too far off. Bitcoin, the cryptocurrency that has taken world marks by storm, may already be driving greenhouse gas emissions equivalent to those of a midsize country, with a report made it’s been said that it could catapult the planet to dangerous levels of warming if it continues its rapid growth. One critic cautioned that the research “makes much too coarse and even wrong assumptions” demonstrating that even as the cryptocurrency, worth about $6,400 per coin, grows in visibility, estimating precisely how it is affecting the environment remains hotly debated. There’s no doubt that Bitcoin is notorious for its high energy use- the consequence of miners having to compute highly difficult problems to make Blockchain of transactions and win new Bitcoin. Bitcoin today releases about 69 million tons of carbondioxide emissions-comparable with the emissions of a country like Austria which has a population of nearly 9million people., while global emissions is about 41 billion tons, Bitcoin would represent just a fraction This in turn requires high powered, energy hungry equipment. Because Bitcoin is a currency not maintained by banks, but by a network of individuals, it relies on a technology called Blockchain that is decentralized and depends on a vast numbers of users, called miners, to compute record transactions. The computer user who do the laborious calculations are paid in Bitcoin which also encourages yet more computing. No single entity manages the entire system, which eats tremendous amount of energy. A study published in nature climate change, seeks both to compute the current energy use of Bitcoin mining and what it could be in the future if the technology continues to grow and it finds not only country size present day emissions but also potentially planet-size affects from further growth. Another problem is that it uses a countrywide average to determine the green house gas emissions for a given amount of electricity use. But depending on where one is located in a country. For instance, some bitcoin miners have set up in eastern Washington state because of the cheap access to hydroelectric power in that location. This has been highly disruptive to local communities. It’s this very main problem Hashbyte tend to solve thereby introducing the wind and solar features with limits the harms to wish Bitcoin and every other coin is incurring into the climate system in the world. Hashbyte Is the solution to all these problems because Hashbytes has changed the way the way it operates, switching to renewable energy.
one great feature that distinguishes Hashbyte from the rest is that while the others produces tons of carbon emissions each day, Hashbyte uses wind and solar power (windmills and solar panels) so as to curtail the release of carbon in the world system. A major problem which Hashbyte has solely found the solution with the help of her experienced and intelligent teams. Hashbyte is the first ever windsmill and solar panels cryptocurrency which is used in different parts of the world to mine Bitcoin, Ethereum, Monero and litecoin efficiently and effectively. The cost of operation is not high due to high energy bills and savings which are passed back to contract holders. With the help of low cost of operations, the profits for investors begin to increase. Hence, the investors begin to enjoy more and more benefits.. The creation of the Gash currency has made earning secured, with it been a utility coin, it won’t be as volatile as the speculative coins in most blockchain startups. The state of art machines and grids are created so that energy efficient may rewuire less cooling with no payment to any electrical companies given investors the need not to run the machines themselves but purchasing smart contracts which allows them the mining right in Hashbyte facilities.
UNIQUE VISIONS OF HASHBYTE
To increase the breadth of the mining market so that future needs and requirements for miners can be met by introducing green mining to the cryptocurrency industry and also to set up the infrastructure that can facilitate truly green mining for investors and broaden the landscape for miners around the world.
AIM OF HASHBYTE
To create an e-community of cryptocurrency enthusiasts who are environmentally conscious.
HASHBYTE PARTNERS
WHY GREEN
Reports shows Crypto miners are using more electricity than Derbia, Eric Holthanus calculated that by July 2019, Bitcoin would require more electricity than all the United States and that by November of 2020, we’d use more electricity mining than the entire world. This sort of reciptious rise is stunning and poses great danger towards our climate in which it’s effect are already evident. Cryptocurrencies are here to stay but it’s environment effects needs renewable model, annihilating the need for fossil fuel powered electricity
UNIQUE BENEFITS OF HASHBYTE
UNIQUE BENEFITS OF HASHBYTE
• Hashbyte is the first ever windsmill and solar panels cryptocurrency
• Hashbyte provides instant transactions because of its revolutionary consensus mechanism used
• The funds of users are highly secured and protected from hackers, phishers and nefarious individuals
• The most exciting thing about this platform is that it is easily accessible from any part of the world which brings passive income opportunity of blockchain mining to people in different parts of the world.
• With the windmills and solar panels, its been used in different parts of the world to mine Bitcoin, Ethereum, Monero and litecoin efficiently anf effectively. It is environmentally friendly and sustainable
• The cost of operation is not high due to high energy bills and savings which are passed back to contract holders
• With the help of low cost of operations, the profits for investors begin to increase. Hence, the investors begin to enjoy more and more benefits.
• The creation of the Gash currency has made earning secured, with itb been a utility coin, it won’t be as volatile as the speculative coins in most blockchain startups
• It gives miners and investors the rights in Hashbyte facilities when smart contracts are purchased
• Since the energy demand is so low, the profits that Hashbyte is currently offering are substantially higher than in conventional mining farms
TOKEN DETAILS OF HASHBYTE
Name: HashByte
Tickers: HSB
Total supply: 20,000,000
Soft cap: $10,000,000.00
Hard cap: $30,000,000.00
Currencies accepted: BTC,ETH
Exchange rate: ETH=70 HSB or 1 BTC= 2,174 HSB
Minimum purchase: 0.5 ETH/35HSB
Presale: 11/1/2018- 11/30.2018
Public sale: 12/1/2018 – 12/15/2018
TOKEN DISTRIBUTION OF HASHBYTE
Advisors: 3%
Development team: 9%
Platform reserve: 25%
Supply to public: 45%
TOKEN ALLOCATION OF HASHBYTE
Greenhash research and development: 44%
Operations running: 15%
Marketing: 26%
Hashbyte EcoChain development: 15%
ROAD MAP OF HASHBYTE
2015
Q4
We formed a team of climate change believers and cryptocurrency enthusiasts
2018
Q2
Launched was one of the first renewable energy cloud minnimg platforms
Q4
Token generation event and fundraising for GreenHash
2019
Q1
Ecochain Test Net would be rolled out in stealth mode to the eco developer community
Q3
Ecochain Main-Net launch.
Gash cryptocurrency would also be released to the public
Q4
GreenHash would be released on a limited scale for testing
2020
Q1
GreenHash would finally be made available to the public on a large scale
TEAM MEMBERS OF HASHBYTE
HAS Shankar: Member, BCCB
Chris Hastings: Member, BCCB
Thomas Saar: Member, BCCB
Charles Adenuoye: Member BCCB
Looking at the whitepaper for the full scoop, one will be super excited to be part of this awesome and magnificent project. I have accessed it and saw it’s the best so far. I would want everyone to try this project and see for his/herself. Do you ever wish to make a very good and clean income while protecting the environment from degradation, do you wish to make so many profits, then i implore you to acquire one of Hashbyte cloud mining packages in any of the links below. For more information about this project or to get in contact with us, you can kindly click on any of the links below. Thanks for your time.
Cheers!
WHITEPAPER https://tge.hashbyte.io/whitepaper/
WEBSITE https://tge.hashbyte.io/
TELEGRAM https://t.me/hashbyte_airdrop
TWITTER https://twitter.com/Hashbyte_mining
COLD MINING https://hashbyte.io/
Written by: Ogtejiri
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1790132
Wallet address: 0x33E8810b5432ccD823b6c45975A55Fb9F6c931D6