Jiang Chun Yi Suan Wan: SolarBlox

SolarBlox

Project Overview

Crypto mining refers to the process where a global network of computers running the crypto code work to ensure that transactions are legitimate and added correctly to the cryptocurrency's blockchain. Mining is also how new crypto is entered into circulation. Crypto is mined using custom-built computing systems and miners earn bitcoin in exchange for validating bitcoin transactions by solving a "hash" on the blockchain. These transactions provide security for the bitcoin network, which compensates miners through payment in crypto.
In simple terms Cryptocurrency mining is the process where specialized computers, also known as nodes or mining rigs, validate blockchain transactions for a specific cryptocoin and, in turn, receive a mining reward for their computational effort.

What is Solarblox?

Solarblox mission is always been about running businesses in the most environmentally friendly way possible. In that respect, our mission is to reduce the fossil energy consumption of cryptocurrency mining facilities by at least 50%.

Crypto Mining using Solar energy as substitute energy sources. Mining generates revenue, Solar energy subsidizes cost and ensures offgrid power supply at fixed investment cost.

Why SolarBlox ?

Cheaper Energy Source
Cryptocurrency Mining is expensive to start up; the computing power, secure location, and security measures give miners so much to worry about – not to talk about the energy consumption bill at the month’s end, the potential sanctions from pro-environmentalists, and increased scrutiny from the government. SolarBlox navigates these challenges by using cheaper and renewable energy from the solar system for mining.

Cleaner Energy Source

With half of the energy requirements obtained from clean and renewable energy, the other half of non-renewable energy still threatens the environment’s overall health. Acquiring carbon credits from SolarBlox cancels out the effects. Carbon credits are stored in electric units produced by a renewable energy source.

Decentralization

With the collaboration of solar power plants, we are ensured that our primary operations are off the grid and free from power price fluctuation. Solar power investments are calculable, projectable and prepared. Our operation will be estimated as a decentralized platform operating off the reliability of resources in our location. Systematic design is employed for ease of deployment and duplication; we can mobilize, deploy and expand to anywhere in the world.