Blockchain has become very useful in today's world as it has penetrated in to almost every nook and cranny of development. It can be applied in agriculture, education, warehousing, tourism, ecology and others. The introduction of Bitcoin, Ethereum etc; a new kind of money in blockchain, makes the sending, receiving, storing of money easier in that blockchain possesses the world's most trusted and secure wallet, has and explorer to verify and search for transactions that have been formerly carried out and is also good in gathering information on market prices of several cryptocurrencies.
Mining in blockchain has been a very important factor in cryptocurrency but it has been seen that its energy demand for mining farms and rigs robs the ecosystem of the energy available. Bitcoin and other cryptocurrencies produces tons of carbon which in turn consumes a lot of energy for mining which simply means that as the need for more energy for mining increases, the ecosystem is put in danger as more and more fossil oils will be needed by energy companies. Hashbyte has noticed this and have come up with an objective to develop a framework which will encourage green mining and also increase the miners' terrain throughout the globe and also create device and grids with efficient energy which needs minimum cooling.
THE MINING AND TRANSACTION PROCESS WHICH MAKES HASHBYTE STAND OUT
Their is need for blockchain technology to shift towards a platform that is highly friendly with the environment. Though, coin mining needs about 73% of crypto, but that does not implies that the climate or environment must be contaminated as a result of this process. That was why Hashbyte stand out among all of its equals. This platform had developed an Eco-Chain with consensus algorithms which allows the consumption of low energy for it's activities.
WHY DOES HASHBYTE CHOOSE GREEN TECHNOLOGY?
Adopting green technology has so many reasons and part of which are;
This technology guarantees the safety if the environment.
Every year, bitcoin emits 17.7 tons of Carbon(iv) Oxide and as time goes by, there will be increase in the rate of mining this coins which will also result in the increase in the amount of Carbon(iv) Oxide emission thereby, making the environment more dangerous and unsafe for all living things. Adopting this technology will bring down the rate of this emission. It is therefore wisdom to invest in this technology by making Hashbyte our mining choice for the sake of our environment and generation unborn.
THE ECOCHAIN OF HASHBYTE
This ecochain is going to be the no. 1 state-of-the-art that has ever been made. It will be a blockchain that is decentralized, energy effective and efficient. This ecoChain will depend on algorithms with energy-effective consensus.
BENEFITS OF INVESTING IN HASHBYTE
● There is a reduction in the cost of mining
The cost of mining is relatively expensive and this is caused by the cost of energy that is recurrent. The highest proceeds of the miner are used for payment of this energy cost. But in Hashbyte there are cutting-edge facilities which can renew energy. Architecture with energy efficient have been provided to reduce the cost of mining and demands.
● Timeless transactions
The EcoChain of Hashbyte will ensure that transactions are timeless.
● Free transaction:
Hashbyte EcoChain will ensure that there is a blockchain where local cryptocurrency will be void of transaction fee.
Token Details
Token name: HashByte
Symbol: HSB
Total number of chips issued: 20 million HSB
Soft cap: $10 million
Hard cap: $30 million
Currency accepted: BTC, ETH
Exchange rate: 1 ETH = 70 HSB
Minimum Purchase: 0.5 ETH/35 HSB
Token sale period: ENDED
Funds Allocation
44% - GreenHash R&D
15% - Operations
26% - Marketing
15% Eco Developers
Token Distribution
3% Advisors
9% Change Believers
25% Reserved
45% Supply Flow
For more information, visit.
Website: https://tge.hashbyte.io/
Bounty Thread: https://bitcointalk.org/index.php?topic=5069756.0
Whitepaper: https://tge.hashbyte.io/whitepaper/
Twitter: https://twitter.com/Hashbyte_mining
Facebook: https://www.facebook.com/hashbytemining/
Telegram: https://t.me/hashbyte_airdrop
YouTube: https://www.youtube.com/channel/UCasQmy839vDSR-a4OJPBpng
Instagram: https://www.instagram.com/hashbyte_mining
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1819776
ETH Address: 0xffC7F85aeCCbb92b1D445337E7eF310B610e94E2