DAGO-MINING EFFICIENT GREEN MINING SOLUTION

in #bitcoin6 years ago (edited)

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INTRODUCTION

Cryptocurrency will change our everyday life. Just the way the internet caused a global disruption, increased in interaction and global outreach, so will cryptocurrency. Crytocurrency is a digital crypted message, documents or data that can be sent to another computer to process. Allowing an interface for viewers to show value. Since the introduction of cryptocurrency it has gradually tickled into our everyday life. Although, slow but eventually it has a brighter future. Hosting cryptocurrency is a technology called the blockchain which allows the computation of data to create cryptocurrency. The first cryptocurrecny created on the blockchain is Bitcoin which has the initial idea of being a form of money giving it value as equivalent to the energy consumed to create one. However, in the earlier days some good amount of Bitcoin was sold for Pizza but it is not so today owing to the increased value giving to it and adoption in several sector. The blockchain process can now be deployed in several sector of our everyday life like, insurance, banking, medicine and agriculture. Also, the Bitcoin blockchain is not the only blockchain available now. We now have ethereuem blockchain, EOS blockchain and so many others coming up like Quarkchain.

As the usage and adoption of Bitcoin keep increasing, so is the challenges of the production of bitcoin. Computers put in a lot of hash power to create one bitcoin. Power as much as what 10 USA house hold can use in a day. Adding to the number of bitcoin transactions that go on in a day globally, you can see the huge amount of energy it consumes. China is said to be the biggest mining country in the world, with well up to 65%. Majorly, China uses coal as its energy generating component and we know the huge environmental impact of using coal.

Creating one bitcoin has a very high difficulty depending on the hash rate of your computer. This is a why bitcoin is mined with pool of computers and the product is shared and you get more shares if your hash rate is higher. So people are looking for more sophisticated computers to computers to use.

Ironically, as more bitcoin is produced the difficulty in creating one also increases. Consequently, as global adoption for cryptocurrency increase, it means more bitcoin is need as so more energy is needed to create more bitcoin.

So this is where Dago mining comes in. Dago is building a platform that will mininmise energy and sustainable energy management. Its mining energy will be sourced from renewable energy. Dago mining will be achieving this using three main technologies.

a. Solar panels connected with photovoltaic system

b. Energy storage system in salt water batteries

c. High performance GPU and ASIC chip

This will reduce emission and promote climate preservation and the users of bitcoin will have a healthy life.

The transactional token on the Dago platform is the Dago token which is erc20 token. Token holders will share on the mining profit and dividends for each financial year. Also, in exchange for Dago token mining calculation capability can also be hired. Token holders can always get at a good price. Investors can always sell their token on exchange but remember only holders will get profit.

Why not invest in Dago and secure the future in the cryptosphere.

Read more here

https://dago-mining.com/

https://www.facebook.com/dagomine/

https://www.linkedin.com/company/dago-mining/?viewAsMember=true

Author Btt: https://bitcointalk.org/index.php?action=profile;u=1223251;sa=forumProfile

Eth address. 0xC2933176a9be2116721A2681e042111Ad22F8266

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