“ENERGY CONSUMPTION IN CRYPTOCURRENCIES”

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“ENERGY CONSUMPTION IN CRYPTOCURRENCIES”

“Why are cold places on the planet chosen for bitcoin mining?”

Low temperatures are a big part of the appeal of bitcoin mining, as the two biggest costs of running the process are cooling and electricity.

Soon a Russian city in Siberia may be famous for an industry very different from mining, the main sector of its current activity. It is planned to host by opportunistic entrepreneurs the first cryptocurrency farm in the Arctic to produce new bitcoins by having very cheap electricity costs.

The main problem of finance decentralized is global energy consumptions, from Ecobanka we encourage a real sustainable change to reduce the outrageous energy consumption data within the crypto industry.

ECKN will promote ethical and sustainable values by being the first project to implement energy consumption from renewable sources and self-consumption in decentralized finance worldwide, and especially in the corporate business world.

Join our community, participate in a project with values for the real economy. |>>

 

 

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