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Candela Coin, a cryptocurrency provider, has introduced a solar powered cryptocurrency mining method to help address the large amounts of fossil fuels needed to do traditional mining, according to a press release.
The company uses a 100W photovoltaic panel to generate the necessary computing power, while reducing carbon emissions and air pollutants. Users can participate with this mining by having an ASCI configuration or GPU.
“To put it clearly, following our protocol would mean the more cryptocurrency that is mined, the more our carbon footprint shrinks,” Avi Shane Verdugo, CEO, Candela Coin, said in the release. “Mining cryptocurrency would actually help the environment. Miners would be incentivized to produce more solar energy so they could generate more computing power and mine more crypto.”
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