Africa is being eyed as a potential location for Green crypto mining. Knowing that crypto mining can have a serious environmental effect, East Africa has one of the highest electric rates, hence, has been looked to be taken advantage of by the company, considering the low hashtag rates of East Africa and to add sustainable crypto mining solutions.
Bitcoin is known for wasting electricity that is more than enough to add 40 million tons of carbon dioxide to the atmosphere per year, hence, why Green Crypto Mining looks forward to launching in Africa, where there is a low hashtag rate and high electric rates. For all of the cryptocurrency’s purported benefits, it is an environmental disaster.
There are important cryptocurrencies like Cardano, Ethereum, Ripple’s XRP, stellar, and Algorand that use very much less energy than bitcoin or are being modified so. Ethereum, for example, is going to undergo changes from ‘proof of work’ to a system known as ‘proof of stake’. It cuts energy use by 99.95%. There is a new currency, candela, whose own method of generating energy requires solar-powered mining.
Green Crypto Mining will expand its focus in East Africa by adding sustainable cryptocurrency mining offerings rather than replacing existing energy production and computing equipment solutions with better and lasting solutions.
WaterPure International, Inc. looks into introducing a sustainable cryptocurrency mining initiative to its cards of electric utility offerings. It has updated its decade-old clean water operations and expanded into the electricity utility sector. WPUR will be adding sustainable crypto mining solutions to its focus on electricity utilities.