18-year-old genius builds a mining-farm on solar energy in Spain
Source:
Alex Startu 18 years. Like many 18-year-old, at the moment he passes his exams. From most it is distinguished by the fact that he has already created one startup. Besides, at the moment, Alex was assigned to company which will create the largest in Spain mining-farm on solar energy.
theWho is Alex Start
In 10 years Alex learned programming. At 13 he created his first app when he was 17, he was in the list of the most influential Europeans by the age of 30 according to Forbes. It was in 2017. At the same time he received a Grand from Audi and went to Silicon Valley to build their first startup.
In Silicon Valley together with two colleagues Start have developed an application Sharge, which is designed to help owners of charging stations to attract drivers of electric vehicles. He brought Sharge in Spain, but there his project was doomed to failure. The reason — the legal prohibition of resale of electricity to private individuals. The project took off, but gave Alex an understanding of the concepts related to energy.
themining farm on solar energy
New appointment in the company CryptoSolarTech will allow Alex Startu to associate their knowledge about energy with the modern technology of the blockchain and solve the problems of increasing energy consumption cryptocurrencies. Given the fact that the world already has more than 1900 coins formed risks the viability of the economy due to high energy consumption. One Bitcoin is already as much electricity as you need Ireland.
Out of the situation two: more efficient algorithms or the use of renewable energy by type solar. All this has led to the creation of CryptoSolarTech where Alex became a consultant on technology. The company plans to install 3000 servers in a warehouse in Malaga, which will run as a farm for mining. To feed this farm will be solar panels in Seville. The company has signed 15-year contract with Respira Energía.
Currently CryptoSolarTech launched the ICO with a token CST. Only the developers will release of 1.26 billion tokens worth 12 cents each.
thethe Future of energy and blockchain
The Creators CryptoSolarTech Pablo Alonso, Aguirre, Allen and rock, Garijo believe that their work is not only revolutionary technology, but finding solutions to communication technological revolution with environmental protection. Alex himself Sicart looks to the future and believes that the blockchain could be used for trading renewable energy.
How to explain the blockchain to his father
In conclusion, Business Insider asked Sicurta to explain the technology of the blockchain for a person not familiar with it. Here is what he said:
I Imagine that I'll throw the ball and you will catch it. All movements will be recorded, and the members of the network know about it.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
India will fight spam by using the blockchain
the telecoms Regulator of India (TRAI) is planning to use the blockchain to track and block spam, according to . The purpose of TRAI will be a 10-digit telephone numbers that are used by spammers for unauthorized advertising. the ...
Who is Satoshi Nakamoto, and what he
Even ten years after the appearance of the first traces in the world of cryptocurrency about the author of this idea know very little. There was a lot of speculation, but a final conclusion, no one came. All we can be satisfied to...
Our school: breaking into the Bank hackers demand ransom in bitcoin
Criminals have access to personal data of thousands of customers of two canadian banks, according to . Hackers threaten to publish the confidential information unless they receive a ransom equivalent to one million dollars. A spec...
As there is no need to hardforce. Example Electroneum
on Tuesday, hardwork Ethereum Classic. The developers have successfully eliminated the "bomb of complexity" and the network has become safer due to the growth of total Hasrat. In addition, the reduced time unit, so that the miners...
For Litecoin you can now book a private jet
Platform TapJets added cryptocurrency Litecoin for payment for their services, reports . Now with LTC customers can instantly book private flights directly from your smartphone. the Litecoin in exchange for a comfortable flight Di...
the stickers in Telegram — a real find. They lift your spirits, save time, and often help to end the senseless dialogues. Well, if the images are associated with cryptocurrencies, the person will immediately understand your level ...
And you, Brutus: TRON goes on its own blockchain
Tenth by market capitalization coin Tron for several months planning to move from Ethereum on its own blockchain. Finally it came down to it. Manny got the name Odyssey 2.0, he writes . the What will happen to Tron after the rejec...
"Attack of 51%": how to destroy Ethereum Classic and make good on this?
Over the years, it became clear that kryptomere the most important is security. Whatever the individual coin you take, everything will be based on how safe it is to work or store. In the case of cryptocurrencies, based on an algor...
Ripple CEO: soon, cryptocurrency will get rid of the influence of Bitcoin
In early January, leap year coins XRP its founders very rich. The status of Chris Larsen rose to 55.8 billion dollars and was more than at the time it was the Google co-founder Larry page. Has become richer and Ripple current CEO...
Disappears when the cryptocurrency? Version of the Nobel laureate
a Nobel laureate once again made negative statements against cryptocurrency. According to Robert Shiller, the boom on the main digital asset will come to naught in the coming century, reports . Earlier, the economist have their ne...
The headphone manufacturer Monster will hold ICO for $ 300 million
In the first quarter of 2018. ICO-projects of more than $ 2 billion. Together with the primary location of the token Telegram, the figure is almost $ 4 billion. To improve the performance of the second quarter going the headphone ...
In Canada limit the supply of electricity to miners
Government of Quebec plan to introduce a moratorium on the sale of electricity to miners, reports . Governments do not want to "miss the departing train", so take in your hands the turnover of mining in the country. the Ban mining...
TSB: scriptactive do not threaten global financial stability
on Tuesday, John McAfee interesting idea. According to his version, between currencies with one hand and banks, governments and regulators on the other is a real war. Win it fans of coins will be possible only after control of the...
At the end of January the Central Bank of Russia strongly against cryptocurrency exchange for rubles. According to the regulator, such operations can reveal to companies and individuals a channel for money laundering and other il...
Alive: the leader of China, XI Jinping, has called the blockchain "breakthrough" technology
Recently, the Chinese leader XI Jinping spoke at a meeting of the Chinese Academy of Sciences and Chinese Academy of Engineering. At the time, as in Israel, the Ethereum, and in Russia in the blockchain, the President of China cal...
Asus H370 Mining Master – motherboard for mining with the support of 20 cards
Asus has introduced a new motherboard intended specifically for mining cryptocurrency. The motherboard supports the work immediately with 20 graphics cards. The monster called H370 Mining Master. H370 Mining Master is a follower o...
How has the top 10 cryptocurrency exchanges in 2016
In 2016, a large part of the market for cryptocurrencies has been divided among the ten largest exchanges. Two years later, the situation has changed dramatically — eight out of ten trading venues have closed or retreated lower on...
South African investment company launches its own crypto currency exchange
the Fund Sygnia Asset Management with total assets of $ 14.5 billion announced the development of their own crypto currency exchange. The new project was named SygniaCoin, trading on the stock exchange will open in the third quart...
China can become a haven for hundreds of new projects in the industry of cryptocurrency. All anything, but at a recent conference, the Boao Forum Block Chain there was a small incident. The event organizers used the image of a Com...
How much on average can you earn on investments in ICO? The answer is in numbers
In the first quarter of 2018. ICO-projects worldwide attracted more than $ 2 billion, the study Tokendata. The primary location of the tokens earn not only hosts: according to the University of Boston College Carroll School Manage...
Comments (0)
This article has no comment, be the first!