26/06/19 10:32 UTC±0

In California, they will mine cryptocurrencies on solar energy

cryptocurrency mining in California will be solar powered
cryptocurrency mining in California will be solar powered

On June 25, representatives of the Plouton Group Holding subsidiary, Plouton MiningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
, announced that they intend to build the largest mining farm in America. The vital activity of the enterprise will be provided by solar energy, which will be supplied from the Mojave Desert.


Cryptocurrency mining in California

According to the press release of the future enterprise, Plouton Mining announced their goals to build the largest solar-powered mining company in North America. The goal of Plouton Mining is: "giving people the opportunity to participate in the growing Bitcoin economy in a sustainable and affordable way".

Interesting in the section: Financial geography. Cryptocurrencies in Sweden

In addition, Plouton Mining intends to solve the problem of providing electricity in a very interesting way. It is known that enterprises for corporate mining consume a large amount of electricity and therefore are expensive.

To solve the problem, the company announced plans to build a solar energy plant located on virgin land, wholly owned by the Plouton Group parent company, in West Mojave, California. As stated in the press release, solar panels will take approximately 49 of 50 acres and generate 10-13 megawatts of electricity about 330 days a year, working an average of 12 hours a day.

The company's CEO, Ramak J. Sedai, stated that "an outstanding combination of nature and technology will open a new stage in the development of Bitcoin mining"

Recall that the mining service, Plouton Mining, was presented back in November 2018. From the very moment of the creation of Plouton Mining, it was assumed that the company would consume only alternative electricity, namely solar.

They will mine cryptocurrencies on solar energy In California. Recall that the NiceHash mining service is testing the beta version of the new platform and collecting feedback on its work.

Editor: Alyona Nabok

See also: "The new botnet infects Android devices for cryptocurrency mining"

#Mining #cryptocurrency #solarenergy #alternativeenergy #cryptocurrencymining #California #MojaveDesert #PloutonMining #Ploutongroup



03/07/19 11:00 UTC±0

Argo Blockchain: mining profitability increased by 24%

​Yesterday, July 2, a mining company from Britain, Argo Blockchain, published a report for the second fiscal quarter of 2019. According to the report, the profitability from the acquisition of cryptocurrency increased by 24% in just one month.

24/06/19 10:12 UTC±0

Scammers used the equipment of the judicial administration of Ukraine for mining

On June 23, it became known about a group of unknown scammers illegally working on the software of the "Unified Legal Information and Telecommunication System" of the judicial administration and the capacity of the server equipment of the State Enterprise "Information Judicial System" for mining digital currency.

Fiat money, funds