Atlas Rising: Utilizing Solar Energy for Crypto Mining
Before I acquired a better knowledge of blockchain technology, I almost got scammed by unscrupulous fellows who promised to help me secure a Bitcoin mining app for a fee. The supposed app was to be minting few satoshi everyday for me by just keeping it running on my android phone. I almost fell for this scam until I read about the rigorous process involved in mining bitcoin.
Many people have lost their hard earned money to these fraudsters who paraded themselves as blockchain miners.
The other way people lose their funds is through investing on cryptocurrencies that are not promising. Most people never bother to do a background check on the type of crypto they want to buy and hold. After buying the crypto with their hard-earned money, hoping to make an appreciable gain later on, they discover that the price of the crypto plunges instead of rising.
Blockchain technology has not received a worldwide adoption due to these underlying factors that scare many people away, and depriving them of the benefits of using the technology.
Atlas Rising created a project, the first of its kind, that functions more like a mutual fund and also utilizes solar energy. The project will utilize solar energy to mine cryptocurrency in order to reduce cost and environmental pollution.
Atlas Rising is giving everyone an opportunity to invest into a more sustainable future via blockchain technology.
Barriers Preventing Mass Adoption of Blockchain
Mining of cryptocurrency is known to be electricity consuming. Many people have raised their concerns over the outrageous rate at which the ASIC miners consume part of the world's electricity.
Also it is worrisome that the energy expended while using the ASIC miners can not be renewed.
The cost of electricity has made the mining unprofitable to entrepreneurs who attempted to use the mining devices.
Blockchain is perceived by a large percentage of people as a subject for only the technology savvy. They do not want to dabble into what they know nothing or a little about. This has slowed down the mainstream adoption of blockchain technology.
Cryptocurrency market is still volatile. Unlike the conventional currencies that are more stable, cryptocurrencies are susceptible to inflation.
Atlas Rising Benefits
Atlas Rising is making use of green energy that is 100% renewable to mine cryptos. The solar plants will have the capacity to generate sufficient energy that is independent on the world's electricity. One of such solar projects of Atlas Rising is an 85,000 square foot warehouse which can generate up to 2,400,000 watts of power after installing solar panels on its rooftop.
People do not have to be technology savvy before investing in crypto currency. Atlas Rising will do the job for individuals who want to invest their crypto assets. The team will use their knowledge and software tools to analyze, choose and monitor the most productive cryptocurrencies to mine based on profitability and block solution difficulty. The problem of volatility will also be solved with the software tools.
Atlas Rising has contacts that enable them to perform thorough scrutiny of cryptocurrencies for proper evaluation before making the best available on the platform.
Atlas Rising is installing solar arrays in many locations around the world. The solar panels will be installed in a unique way that will make sun tracking possible thereby increasing the efficiency of each solar panel by 40%. Most of the other mainstream installations have their panels laying flat on the roof which makes them less efficient.
Atlas Rising will use the energy generated by these solar arrays to power the ASIC miners efficiently. Using this green energy will eliminate pollution, reduce cost and save the world energy supplies.
Rising Token
The native token used on the Atlas Rising ecosystem is named Rising Token. Atlas Rising is making it possible for people to receive rewards that are generated through the solar arrays in Bitcoin. Holders of Rising token are entitled to receive this Bitcoin rewards. In order to ensure that individuals hold Rising token for the long term, and to discourage pump and dumb, the token will only be listed on an exchange after sustainable net assets.
Conclusion
Blockchain is not adopted worldwide yet largely due to the misconception of many people about it. Some are of the opinion that it takes being a tech-savvy before one can invest in cryptocurrency. They believe that until you get the expertise and adequate knowledge, you cannot dabble into Blockchain.
Atlas Rising is using its team which comprises experienced crypto miners and entrepreneurs to help people to choose the best cryptos with potential for growth and profits. Atlas Rising is also making use of solar energy to mine cryptocurrencies to reduce cost, eliminate pollution and shed miners' power loads form the world's electricity.
For more information, click on the link below:
Atlas Rising Website
Whitepaper
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