In the world of cryptocurrency, one of the most reliable ways of adding to your wealth is by engaging in cryptocurrency mining. Mining in the cryptocurrency world increases one’s rewards and are very much worth a lot once you invest able of time in it. But engaging in cryptocurrency mining means high consumption of energy basically electricity. Whether you are making use of a CPU mining, GPU mining or ASIC mining, you would need a great amount of electricity involved, and that is why Future Energy makes use of a non-traditional source of renewable electric power with operational component 0, thereby limiting your use of electricity and giving more value for mining.
Cryptocurrency mining is usually a way whereby individuals aid or influence cryptocurrency transactions online by the use of an algorithm in confirming and verifying transactions that are transacted within any cryptocurrency network, the popular being BitCoins. Miners’ for doing these verifications and confirmation of transactions get fixed rewards and hence the generation of a new bitcoin or cryptocurrency. The more transactions a miner is able to verify and confirm the more value he or she gains. So, therefore, the higher the time spent mining, the more you did gain financially in the cryptocurrency world. Now for greater efficiency of mining, miners need to be online 24/7 which also means a high consumption of Energy-electricity involved. Most mines are known to experience a high amount of electric bills and often times have problems in balancing that with their income gained from cryptocurrency mining. In fact, the need for a much less efficient in the consumption of energy-electricity is one of the most sort out method or technique in the world of cryptocurrency mining. Individuals all aim at having to mine and not worry about how high their electricity is being consumed. Some do sometimes go offline for a couple a day, which in turn affect good and efficient mining.
Problems such as the above are the main aim and reason why Future Energy was established. Future Energy aims to optimize the operating expenses for cryptocurrency mining through the use of non-traditional sources of renewable electric power with an operational component 0. These renewable electric powers involve the use of electric power generated renewable energy source and nuclear energy. Addressing the issue of some countries not being able to make use of common sources of renewable energy, such as solar panels and wind generators, due to the geographic and climate features, Future Energy project seeks to give cryptocurrency miners a way to generate their own energy with an operational cost of zero. Aside from this, Future Energy projects are protected by 49 patents, most of which are implemented in practice and hence maximizing the use of electricity for a greater input for cryptocurrency miners.
The main aim and problem for miners in the cryptocurrency world are having to acquire a reliable energy source for mining at home, and this is the exact thing Future Energy promises and delivers.
Whitepaper: http://icoenergy.org/docs/WP_eng.pdf
Website: http://icoenergy.org
My BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2162760