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For some, they’re looking for another source of income. For others, it’s about gaining greater financial freedom without governments or banks butting in. But whatever the reason, cryptocurrencies are a growing area of interest for technophiles, investors, and cybercriminals alike.
Carbon free mining is the use of wind/solar power that is sold to the grid, the revenue generated from this is then converted to Dogecoin and distributed to the investors.
Cryptocurrency is decentralized digital money, based on blockchain technology. You may be familiar with the most popular versions, Bitcoin and Ethereum, but there are more than 5,000 different cryptocurrencies in circulation, according to CoinLore.
Global Bitcoin mining is highly dependent on fossil fuels, with worrying impacts on water and land in addition to a significant carbon footprint. Bitcoin's energy supply come from the following sources; Coal Power 45% Natural Gas 23% Hydropower 16% Nuclear power 9% Solar 5% wind 2%. With Eco Watts, we are reducing the carbon footprint from crypto mining one day at a time.