Blockchain with solar energy
Blockchain & energy for a better world
CryptoSolarTech provides investors the opportunity to participate in a high-risk market such as the cryptocurrency market, obtaining a very high return, but holding all the investment in a low risk market with high profitability such as the solar energy market.
What distinguish us from other mining services -pools- is that the signed contract to make your rented ASIC –mining server- operative, is a long-term contract due to the CST token is non-expirable as long as you hold them. That is, even if mining or electricity costs go up, your ASIC will never stop working since the energy cost is already covered (15-year extendable supply contract with Respira Energía).
When acquiring the CST token, the investor gains access to the mining platform by deciding if he himself will be the actual individual miner or if he decides to select one rate with a fixed profitability, being the CryptoSolarTech team the one providing the mining activity, following predetermined profitability plans.
According with this, CryptoSolarTech is the SAFEST way for the investor to participate in the high-risk crypto market since the solar energy plant supports all the investment.
THE PROBLEMPROBLEM
The high energy consumption for cryptocurrency mining is the main problem in this sector. The miners suppose an enormous energetic cost for its functioning due to the enormous mathematical calculations that the processors have to do. It should be noted that the life of cryptocurrencies is strictly linked to electricity.
Mining cryptocurrencies consume around 1.3 KWh of electricity, in addition to the large electricity consumption, we find that in some countries, rich in coal and oil, energy becomes cheaper by burning polluting fuels and causing more pollution and in turn a greater demand causing CO2 emissions to increase.
OUR SOLUTIONSOLUTION
The proposal is to create a solar photovoltaic pool, capable of generating 45,000kW, enough power to supply the mining farm. Respira Energía will buy the energy from this plant to then send it to the farm located in Málaga, thus making the mining sustainable and profitable, without the need for common electricity.
Respira Energía uses only clean energy, a company whose origin of central production is 100% free of CO2.
WHAT IS OUR PROJECT ABOUT?ABOUT
What is CRYPTOSOLARTECH?
During the Cryptosolartech ICO, we will obtain our own cryptocurrencies, in a farm where we will install 3.000 equipments to mine cryptocurrencies, in two different variants to optimize profitability, as well as being able to self-supply the farm with our own energy, coming from a solar photovoltaic plant, installed in the province of Seville (Spain), this energy can also be distributed as a service for electric companies.
The Ethereum public Blockchain will be used for the management, generation of income and start-up of the physical assets that make up this project. The objective of this ICO is therefore, to create a mining farm of cryptocurrencies and a photovoltaic plant of solar panels to generate electricity. In order to participate in the project, only digital tokens can be purchased that will go on sale to register operations.
The ICO will issue 1260 million Tokens called Cryptosolartech (CST). All Tokens that are not sold during the ICO will be burned. No more tokens will be issued in the future.
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Photovoltaic solar installations to pool
The basic reason for why the investment in solar energy can be profitable is given due to the drastic decrease of the materials for its construction, as well as the improvement of the electrical equipment performance, added to the constant expenses increase in power generation.
The objective of this study is to obtain financing for the 45.000 kW photovoltaic electricity generation plant.
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