GENERcoin: Green renewable Energy Backed by Cryptocurrency
The world’s climatologists have determined that we have gone past the point of no return as far as reversing the damage done from burning fossil fuels. But they have also said that if current levels are not drastically reduced the problem will continue to worsen, eventually reaching exponential progression by 2035. The devastation to the world economy that this would cause is almost inconceivable. But the Canadian firm Arterran Renewable Fuels based out of British Columbia is attempting to tackle the problem of fossil fuel burning. Arterran has created a truly renewable fuel that does not....
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Today I’m with David Tiessen, the founder of GENERCoin. GENERCoin is an asset tied coin, with backing via Arterran Renewables. GENERCoin is another example of how cryptocurrency can impact what you wouldn’t expect, like helping to sustain the planet through using sustainable biofuels. GEC is the result of a chance encounter between myself, and Lloyd Davis Arterran’s CEO. Everything I work on is in regards to creating a sustainable planet, and it was while discussing a sustainable community project that I learned Arterran could assist via their sustainable solid biofuel from renewable....
GENERcoin is a cryptocurrency that can be used to buy green energy at 50% of its price. The main goal is to eliminate coal from the world. The thought of creating a better world has always gone hand in hand with cryptocurrencies. In fact, the whole idea behind virtual money is to improve the way mankind thinks about money. We may not be there yet but during this journey, many crypto-enthusiasts are coming up with great projects. We all remember the various fundraisers by the Doge community. Right now, a new cryptocurrency has emerged. This currency has set a very ambitious goal for itself.....
Authorities in Iran have revised some rules for the crypto mining industry in order to facilitate its access to green power. Licensed miners will now be able to purchase electricity produced from renewable sources from across the country at lower rates.
Cryptocurrency Miners in Iran Allowed to Source Green Energy From Across Country
Iran’s Ministry of Energy has changed certain crypto mining regulations to ease access to renewable power for entities authorized to mint digital currencies in the Islamic Republic.
A recently issued decree relieves miners from the....
The Bitcoin community supporting environmental causes is nothing new. Just a few months ago Genercoin was released by Arterran Renewable Fuels. The basis of Genercoin was a new biofuel developed in the Arterran labs. Each Genercoin represented a certain amount of the fuel, based on British Thermal Units (BTUs). One Genercoin might be worth 10,000 BTUs for instance. But a new development is completely different and might have a significant effect on carbon emissions. The new coin, called GreenCoin, offers incentives to alternate energy businesses for reducing their carbon footprint. Their....
The company improves the performance of renewable energy facilities with bitcoin miners.