HomeRenewable energy ›Mecobit Starts New Era in Solar Powered Cryptocurrency Mining

Mecobit Starts New Era in Solar Powered Cryptocurrency Mining

Mecobit Solar announces product improvements to its Solar System products that power cryptocurrency miners and other existing miners.

August 17, 2022. By News Bureau

Mecobit Solar announces product improvements to its Solar System products that power cryptocurrency miners and other existing miners. Mecobit Solar System products include a portable solar station, Solar Panel kits (complete), and Solar Unit M4000.

Mecobit solar system customers can now use backup energy during a grid outage to help keep indispensable appliances running or power things like home appliances, dryers, pool pumps, electric vehicle chargers, and even Cryptocurrency mining rigs.

Some cryptocurrencies, including Bitcoin, are created by a process called proof of work which requires computers to 'mine' the currency by solving complex puzzles.

Powering those computers involves large amounts of electricity. Bitcoin is infamous for wasting enough electricity to add 40 million tons of carbon dioxide to the atmosphere a year — but now, a growing cadre of miners around the world are developing green, and lucrative, new strategies worth a fortune all their own.

As the share of solar-powered hash rate seems likely to grow, many see the potential for renewable energy use in Bitcoin mining as a virtuous cycle — Mecobit provides unique incentives in Cryptocurrency mining, which propel operations to leverage the cheapest power possible and encourage more operations worldwide to convert to renewable energy sources, like solar.

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