GX Blocks: Reducing the environmental impact of digital asset mining, through sustainable energy sources

in #gxblocks5 years ago

IMG-20200818-WA0009.jpg
credit

Introduction

Over the past few years, interest in the world economy's most innovative technology sector has risen exponentially. Individuals and businesses however lack the necessary technical skills to interact with blockchain and its applications. Therefore, there is need to create new models that will promote the fast recognition and adoption of blockchain globally. For this reason, GX Blocks is birthed. Inthis platform, there is free, open and decentralized access rights for users through the GX blocks system, so that blockchain technology can be used on a worldwide platform.

GX Blocks Energy has built an environment in which users can access the cryptocurrency-distributed digital economy, as well as the benefits of avoiding risk.

The idea behind the new development
Provide consumers with an optimized solution that will help users access the blockchain network and crypto-currency mining quickly and easily. Supported by renewable energy reserves, our facilities create ideal conditions for seasoned and new users to engage in the DLT ecosystem.

The mining process

In this case, everything has to do with the transparency. Mining is a mechanism by which transactions from various crypto-currency networks are checked and added to the distributed ledger-or blockchain public. Individuals who donate computing resources to carry out these tasks are termed miners. The mining community will be compensated with transaction fees and newly-created coins for their efforts.

Problems with energy blockchains
Currently the blockchain network is estimated to consume at least 140 megawatts of electricity annually. No doubt we will turn to inexpensive and environmentally sustainable manufacturing methods to sustain this massive energy demand network.

IMG-20200818-WA0008.jpg
credit

The relevant panacea offered by GX Blocks

GX Blocks Energy therefore seeks to create an environment whereby consumers can receive a new distributed economy and its benefits in a user-friendly, open and risk-averse manner. GX Blocks' aim to reduce the impact of digital asset mining on the environment through sustainable power.

The merits of GX Blocks framework

• Minimize mining maintenance costs to increase energy efficiency;

• The platform uses state-of-the-art refrigeration technology including liquid tank cooling methods.

• This is also an easy-to-use platform with real-time API. This is known for its versatility, in other words.

• Its structural pool is diversified to maximize its performance.

• When referring to clean energy production, please refer to the GX module. It has the lowest energy price.

• GX Blocks' smart bitcoin mining contract gives you the opportunity to create a diversified digital asset wallet for distribution, through which users can manage digital assets.

• Provide a longer payment schedule for crypto-currency mining to GX contract holders until the expiry date.

Conclusion

Since the advent of cryptocurrency, achieving identification and global adoption has been a daunting task. Therefore, blockchain technology has created more reliable cryptocurrency mining processes, such as GX Blocks, to attract the attention of investors. However, GX Blocks can use the advantages of virtualized digital assets to attract a large number of blockchain identification and promotion on a global scale.

USEFUL LINKS

Website: https://gxblocks.com/

Whitepaper: https://gxblocks.com/wp-content/uploads/GX%20Blocks%20Energy_Bitcointalk_6_20_2020.pptx%20(1).pdf

Telegram: https://t.me/gxblock

Twitter: https://twitter.com/GxBlocks

Facebook: https://www.facebook.com/gxblocks/

Medium: https://medium.com/@gxblocks

LinkedIn: https://www.linkedin.com/company/26270450

Reddit: https://www.reddit.com/user/GxBlocks/

AUTHOR'S DETAILS

Bitcointalk Username:Cablestand

Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=2767546