Helios Coin: Decentralization of solar mining clusters

in #ico6 years ago (edited)

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Cryptocurrency mining is the computational activity that is important to process exchanges performed in the various blockchain projects. This is to stay up with the latest, secure and free from undesirable data in the bookkeeping of every one of these frameworks. Due to the rapidly growing Blockchain technology, every possible business domain is overwhelming, and many reports published have predicted a huge rise in the Blockchain market. There is an expectation to extend to over 20 billion dollars by 2024 in the Blockchain market, according to reports. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.

There is dependency up to a great extent on energy sources for the commercial model of crypto mining, and there are two most important factors for mining companies are price and availability of electricity. This is why Helios has focused on the autonomy of the mining system. At a macroeconomic level, the search for cheap energy has led to the concentration of mining operations in countries with low socioeconomic and environmental standards, and therefore with access to cheap electricity from fossil fuels.

The first Autonomous Mining solution in the world focused on alternative energy sources has been launched by Helios Mining Ltd., and this is termed as Helios Coin. For the members in an immediate distributed (P2P) biological community, decentralized assembling will make the business more open, secure and monetarily stable. Helios Mining Ltd is a decentralized platform which includes blockchain technology and comprises of a several smart-contracts and its own cryptographic money, and this platform is a framework item which is made by an association of the most capable and experienced calculated organizations and associations everywhere across the world. And furthermore, blockchain and smart-contracts fill in as the route forward into the Industrial use, making economies of scale and possibly accumulating supply. It will bring down the electricity price with the renewable energy through the solar cluster with advanced technology. In order to solve the power consumption of blockchain sophisticated component, the Helios platform will execute its plan through solar mining cluster that can consume energy from renewable resources made up of autonomous solar generators.

Following are its advantages:

• Solar Energy: Environmental friendly energy for mining, and is ideal for those countries which have hot climates, without any harm to the environment, with the source of eternal energy without wear and loss of power.

• Battery: At night, a decrease in the efficiency of the solar panel is compensated by the accumulation of energy reserves in the accumulator during the day with the latest batteries which have long service life and high efficiency.

• Immersion cooling: There will be a final solution provided by Helios Mining Ltd, to the problems such as the expensive electronic component pollution, uneven cooling boards, fan noise and permanent system repairs.

• Currency Intelligence: To analyze market situations in real time, achieving maximum crypto mining efficiency, and diverting mining mode between different currencies, special software has been developed by the Helios Mining Ltd.

• Decentralization: Electricity supply allows you to place autonomous systems in the most convenient places with dropping mining units. At the same time, such a decentralized system will function.

• Legal conditions: Due to the different methods of connecting to the Internet and the deficiency of reliance on electricity, system owners do not run the jeopardy of "excessive regulation" by the state. The system cannot be legally disconnected from electricity or the internet.

Helios Mining Ltd believes that for cryptocurrencies to get mass recognition, the innovation of the system is very essential. There should be decentralization in the future mining operations in order to reduce their dependence on the laws of government, fossil fuels or nuclear energy, and powerful players, and it is also very important to reduce the systemic risks associated with binding to certain coins or mining pools. Therefore, Helios Mining Ltd aims to bring back a crucial force to the crypto community. This will bring the opportunity to the individuals to participate in crypto-mining without huge investments in equipment and technology, and provide broad ownership of mining operations, by ensuring that the community is involved in key mining decisions. It also provides the opportunity for everyone to participate in the future of blockchain technology, so that they can remove the hindrances to attract a wider audience to the crypto community and by developing highly mobile mining modules with low maintenance requirements it lays the foundation for the future of crypto-Mining and offering a voice in the selection of locations and coins for mining for the community.

The Helios project comprises of a Team of professionals who have the full understanding of the Objective and the Roadmap of the project and they have the required experiences (in cryptocurrencies, energy, blockchain technology, transaction processes and governance) to make the project not just a reality, but a success to this project.

For more information about this project, kindly visit the following links:

Website: https://helioss.io/index.html
Telegram: https://t.me/helioscoin_io
Whitepaper: https://helioss.io/legal/whitepaper.pdf
Facebook: https://www.facebook.com/helioscoin/
Medium: https://medium.com/@HeliosCoin
Twitter: https://twitter.com/@CoinHelios

My BTT profile link: https://bitcointalk.org/index.php?action=profile;u=2166975

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