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Messages - pietacoin

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1
Announcements [ANN] / Pieta Coin Will ‘Go to the Moon’ Very Soon
« on: June 27, 2019, 09:21:17 AM »

Pieta coin is a new cryptocurrency backed by a solar-powered crypto mining ecosystem. Since the coin is backed by a very powerful and high-potential concept of the use of solar energy in crypto mining, it is sure to succeed in the coming future.

In the finance industry, the term “to the moon” means that a project is either growing very fast or has high potential to rise very high in the near future. The same is true for the Pieta coin.

If financial analysts and experts are to be believed, Pieta is one of the most promising tokens of the year. Yes, Pieta is originally launched as a token and will be later converted into a coin (for trading and mining).

Now, as for the reasons why Pieta has such a promising future, there are too many to count. The success of a cryptocurrency depends on many factors such as the type of token, the purpose, application, demand, revenue mechanism, etc. Pieta has proven itself in all these areas and some more.

Pieta is a utility token which is created for one major purpose - to give its holders access to the Pieta’s innovative and eco-friendly cryptocurrency mining system. Users who buy the token now can use the same later for purchasing the mining power, equipment and contracts from the Pieta ecosystem at affordable rates.

Pieta aims to make crypto mining convenient, affordable and eco-friendly so that more and more people can become a part of profitable crypto mining without harming the environment. For this, Pieta is developing special mining equipment which will run through the power of solar energy instead of oil, gas and other traditional fuels. The benefit would be both to the environment and the miners.

The demand for Pieta token/coin will rise soon once the mining platform is launched publicly. As more people understand the significance and benefits of the Pieta crypto mining system, they will want to purchase the mining power, for which they will need Pieta coins. The high demand will give a boost to the price of the Pieta coin. This is why ICO is the best stage to buy Pieta tokens at the lowest price with attractive bonus. As the token price increases, so will the investors’ profits.

Pieta has multiple other plans for generating revenue for its project investors. For one, the ecosystem will re-distribute 20% of its platform revenue among the investors. The reward tokens will be given based on the original contribution of the particular investor. Besides that, Pieta will also enable its token-holders to mine new coins at a low input cost and for high profitability. The energy cost and consumption will be low because of Pieta’s customized mining system, which will result in high profitability for the miners.

Looking to buy Pieta coin? Join the ICO sale at https://pieta.network/


"You might be wondering about the profit structure of the pieta ecosystem, don't worry about it. We've made the teaser of pieta ecosystem which includes information regarding the investments and profit structure of pieta ecosystem.

Check here: https://pieta.network/teaser.pdf

Check whitepaper here: https://pieta.network/WhitePaper.pdf
https://pieta.network
https://www.facebook.com/Pietacoin/
https://twitter.com/pietacoin
https://t.me/pietacoin
https://www.linkedin.com/in/pieta-coin-308ab0179/
https://medium.com/@pietacoin
https://www.instagram.com/pietacoin//size]

2


Pieta is an innovative blockchain project of 2019 which was started with the unique objective of defending the environment from the adverse effects of cryptocurrency mining. People are taking active participation in the ICO sale as they are well-acquainted with the importance and benefits of Pieta and its ICO sale which includes low cost, 100% Bonus, use of solar energy and so on.

The pre-sale of Pieta was ended on 15th May after gaining tremendous success. The ongoing ICO sale is also sailing smooth & forward and attracting many more investments. The existing investors are so happy and contented with their investments that they are becoming a mouthpiece for spreading the advantages of the project and motivating others to join it. Let us have a glimpse over the next steps of Pieta which will be taken after the completion of ICO sale.

Coin Listing on Exchanges

The ICO sale will end up turning the Pieta token into a coin - “Pieta coin”. One Pieta coin will be of the same value as one Pieta Token which means 1 Pieta token = 1 Pieta coin. The conversion of the token into coins will be automatic and investors will bear no responsibility for that.

Pieta coin will join the array of other cryptocurrencies listed on trading exchanges from November 2019 and this is mark the official launch of Pieta Coin i.e it will then be traded against other alike cryptocurrencies. The soaring popularity of Pieta anticipates the price hike ASAP it will be listed on exchanges.

Development of Pieta Mining Rigs

Pieta has presented a well-defined plan of developing customized mining rigs for the solar-powered crypto mining in its white paper and on its website. The solar-powered mining rigs and solar firms will be created across Africa and its development has already begun in collaboration with bitmain and other eminent mining networks. The building process Pieta’s solar mining rigs will be wrapped up by the end of this year, after which they will be offered at a very low price to the token holders.

Establishment of Pieta Solar HQ


The next step is the establishment of solar power stations and headquarters of Pieta throughout the world. The construction process will begin from Africa, a place with ample and continuous availability of Solar energy.

Pieta aims to use its inventions and contrivance to produce and offer low-cost solar energy to the businesses, miners and mining networks throughout the world.

Discover more about Pieta by visiting: https://pieta.network/

3
In the current scenario, blockchain is envisioned as cutting-edge technology at a global front. It holds an utmost value because of its wide-ranging applications in various fields including cybersecurity, logistics, policy enforcement (smart contracts), etc.

The blockchain is a technique used for storing records of data and transactions in a public, distributed ledger, where the stored information is immutable and secured but can be easily verified in case of disputes.

Do you know why this technology has gained tremendous success in its infant age? What are those features which makes it an indispensable need for smart start-ups? We are presenting some advantages of blockchain technology and cryptocurrency for startups.

Secured and Verified Transactions

The format of cryptocurrencies like Bitcoin is designed in a fashion that it is based on an international network of miners, who gets a reward for their PoW (Proof of Work) that verifies the crypto transactions and keeps them secure.
 
No chance for overwritten

The blockchain technology is designed in such a way that transactions will be recorded in the form of a long chain of blocks in only successive orders and so no blocks can be revamped or overwritten.

Increasing demands for blockchain

Blockchain is an asset for startups and the demand for blockchain technology is very high at the international level because of its ample utilities.

Secured and Fast Payment Mechanism

Cryptocurrencies are secured payment mechanism which enables quick and cross-border settlements in the easiest manner. Apart from a payment mechanism, Cryptocurrencies effectively execute PoW & PoS.

Cryptos are an advanced and fast-moving asset

In the digital era, Cryptos are also used as an advanced and fast-moving asset. Young generation considers crypto better than traditional assets like gold, silver, stocks, and bonds.

Faster and Easy Funding

ICOs (Initial Coin Offerings) of cryptocurrencies help the blockchain startups in getting the funds easily and quickly while publicizing the blockchain ecosystem at a global front.

Pieta is one such cryptocurrency - The most anticipated tokens in terms of popularity as well as profitability. Pieta has broken new ground by inventing an ecosystem which uses solar energy for crypto mining on blockchain and turning the mining as affordable, accessible, and above all- eco-friendly affair.

The mining cost becomes low with the use of renewable solar energy and the latest X20 hashing algorithm that keeps mining equipment cool and also lessens the energy consumption up to 50%.

Pieta has transformed mining into a profitable as well as an accessible task for everyone, regardless of their technical and financial powers, by providing an easy and globally-accessible mining platform that let merchants, customers and businessmen make crypto payments throughout the world through a point-of-sale network. Moreover, it incentivizes miners for all their activities on the platform to frame a rewarding and optimistic network.


4
Announcements [ANN] / How should entrepreneurs use crypto-tokens?
« on: June 12, 2019, 08:02:49 AM »


Crypto-tokens are digital tokens which are launched by a company, usually a startup or entrepreneur, as a way to raise funds for their new project.

Besides starting your own ICO sale, you, as an entrepreneur, has another very important use of cryptocurrencies.

Wondering what?

As an investor, you can use cryptocurrencies as a token of value for your futuristic or upcoming project. As you may already be aware of, digital tokens are launched with a specific purpose.

For instance, startups looking to raise funds through ICO can launch and use digital tokens to reward their investors. As an entrepreneur, you can benefit from cryptocurrencies in a number of ways.

For investment

Entrepreneurs looking for a nice asset to invest in have a wonderful opportunity in the form of cryptocurrencies. When backed by a good and realistic project, crypto-tokens can immensely benefit their holders as the price can increase rapidly in just a few months.

For example, Pieta is a token backed by a solar-based mining system which intends to provide access to a cost-effective and eco-friendly method of crypto mining. It has great potential to succeed and give huge returns to investors.

For funding of their startup

Investors looking for a reliable way of fundraising for their new company can launch and sell their tokens through an ICO (initial coin offering). People invest in an ICO with the hope to get huge returns in the future once the product is developed and launched.

Incentives to stakeholders

Startups and entrepreneurs can also use their cryptocurrencies to incentivize their stakeholders and investors in terms of regular rewards, bonuses, and other incentives.

For payments & rewards

For instance, an advertising startup can use their tokens to send payments to the platform users (advertisers, publishers, etc.) & contributors as well as to reward them for their contribution towards the growth of the ecosystem.

However,
Entrepreneurs must also keep a very important thing in mind. Before launching their token, they must ask themselves, “does my project actually need a blockchain or token?”

If your product has no relation whatsoever with blockchain technology, it is not wise to use token or blockchain just as a way to secure funding. Because potential investors will see that and may avoid investing in your project if it doesn’t actually have anything to do with blockchain.

Another thing to keep in mind is that once you’ve made sure that your project or business will actually benefit by adding a token, you should commit that the said token will be the only medium of exchange within the ecosystem. This is to ensure that the token has actual applications in order to create good value/demand in the market.

Convinced yet? Looking for a good cryptocurrency to invest in? Check out Pieta Network. The ICO sale of Pieta token with up to 100% bonus is ongoing now.

5
Announcements [ANN] / How should entrepreneurs use crypto-tokens?
« on: June 06, 2019, 07:51:29 AM »


Crypto-tokens are digital tokens which are launched by a company, usually a startup or entrepreneur, as a way to raise funds for their new project.

Besides starting your own ICO sale, you, as an entrepreneur, has another very important use of cryptocurrencies.

Wondering what?

As an investor, you can use cryptocurrencies as a token of value for your futuristic or upcoming project. As you may already be aware of, digital tokens are launched with a specific purpose.

For instance, startups looking to raise funds through ICO can launch and use digital tokens to reward their investors. As an entrepreneur, you can benefit from cryptocurrencies in a number of ways.

For investment

Entrepreneurs looking for a nice asset to invest in have a wonderful opportunity in the form of cryptocurrencies. When backed by a good and realistic project, crypto-tokens can immensely benefit their holders as the price can increase rapidly in just a few months.

For example, Pieta is a token backed by a solar-based mining system which intends to provide access to a cost-effective and eco-friendly method of crypto mining. It has great potential to succeed and give huge returns to investors.

For funding of their startup

Investors looking for a reliable way of fundraising for their new company can launch and sell their tokens through an ICO (initial coin offering). People invest in an ICO with the hope to get huge returns in the future once the product is developed and launched.

Incentives to stakeholders
Startups and entrepreneurs can also use their cryptocurrencies to incentivize their stakeholders and investors in terms of regular rewards, bonuses, and other incentives.

For payments & rewards

For instance, an advertising startup can use their tokens to send payments to the platform users (advertisers, publishers, etc.) & contributors as well as to reward them for their contribution towards the growth of the ecosystem.

However,
Entrepreneurs must also keep a very important thing in mind. Before launching their token, they must ask themselves, “does my project actually need a blockchain or token?”

If your product has no relation whatsoever with blockchain technology, it is not wise to use token or blockchain just as a way to secure funding. Because potential investors will see that and may avoid investing in your project if it doesn’t actually have anything to do with blockchain.

Another thing to keep in mind is that once you’ve made sure that your project or business will actually benefit by adding a token, you should commit that the said token will be the only medium of exchange within the ecosystem. This is to ensure that the token has actual applications in order to create good value/demand in the market.

Convinced yet? Looking for a good cryptocurrency to invest in? Check out Pieta token. The ICO sale of Pieta token with up to 100% bonus is ongoing now.

6


Those looking to invest in the ICO market or a utility token this year must know the hard truth of this industry. While cryptocurrencies continue to remain high-potential digital tokens with a strong future, ICOs are rapidly degrading in both quality and trustability, owing to the increasing fraud activities.

The solution is not to boycott the complete ICO industry altogether, but to promote and encourage good ICOs. Yes, there are actually good token sales where you can invest and get huge profits.

Pieta is one such ICO sale

The Pieta token sale started with the start of this year (2019) with the first pre-ico phase. The pre-sale of tokens ended this May, and now, the main/public sale has started, opening the opportunities for individual investors who wish to earn handsome returns by investing in a good token.

What makes Pieta a good token (ICO)?
The credibility of a new token sale lies in many things.

The concept
How strong the project itself is will determine whether it has the potential to grow in the future. For instance, Pieta is backed by a very strong and realistic concept. It is trying to solve a genuine and crucial problem of our world – providing easier and affordable electricity.

For one, Pieta will develop affordable solar energy to be used by businesses and industries across the world. It will start with supplying adequate solar power for crypto mining operations, effectively increasing the efficiency and reducing the cost of the mining activities. This will not only enable more people to engage in crypto mining but it will also protect the environment by limiting the use of non-renewable energies.

Liked the Pieta concept?

The Team

The development and marketing of Pieta project are being managed by a strong team consisting of blockchain experts, businessmen, marketing professionals and advisors from around the globe, who are continuously working together to realize the dream of a sustainable environment through eco-friendly and affordable crypto mining.

The MVP

Nowadays, investors make sure to ask for and check the minimal viable product (MVP) before investing in a new project. This is crucial to check the authenticity of a project

Pieta has already launched its MVP, giving a summarised idea of the kind of the platform we’re developing. At present, the team is building its customized mining rigs in partnership with top crypto exchanges like Bitmain.

By the end of the year, we will be ready to start building our natural solar energy plants across Africa and other places, depending on the amount we manage to raise during the ICO.

As I said, you’ll absolutely love the Pieta project, token and platform once you get to know more about it.

So, what are you waiting for?

Read the Pieta project details by visiting pieta.network or invest today to secure your future.

7
In recent times, blockchain based crypto mining and investment projects are getting immensely popular in the investment management industry among both the private and institutional investors. Such platforms provide a completely automated, trustworthy, secure and transparent trading environment to investors.



Pieta is also one such solar energy backed crypto mining ecosystem (project) that aims to minimize the high cost and excessive energy consumption in mining operations in an attempt to protect the environment. Pieta also uses the latest X20 hashing algorithm that reduces the energy consumption up to 50 percent in blockchain mining operations. This is important to keep the mining equipment cooler, efficient as well as profit the miners.
Such blockchain projects use Initial Coin Offering (ICOs) at the initial project stages as a means of crowdfunding. Well, you should also know that ICOs are unregulated in many countries due to security concerns. Despite this, ICOs are rapidly becoming popular in crypto space due to the disruptive capabilities of the underlying blockchain or DLT technology projects. Choosing a winning ICO is still an uphill task for investors as nobody knows what will come ahead.

Still, here are some of the key steps that you should follow to find best ICOs that you can invest in:
Search and Verify ICOs on Popular Crypto Forums
You as an investor should always visit the popular crypto forums to get an accurate idea about the crypto and blockchain projects that people are talking and excited about. Reddit, Steamit, and Bitcointalk are some of the popular and active crypto forums to get details about upcoming popular blockchain projects and their ICOs.

Look out for ICO Project #DevelopmentTeam

Before investing in an ICO, the second important thing you should do as an investor is a study about its #DevelopmentTeam  so that you can get an idea about their area expertise, experience, and participation in blockchain community. You should also trace their social media accounts to check any red flags like newly created accounts.

Figure out about the Venture Capital Funding in ICO

You as an investor should also try to communicate with the project #DevelopmentTeam  to get details about any venture capital funding to the project that has been acclaimed already to ensure the credibility of the project. Venture Capitalists (VCs) are experienced investors who have ample knowledge and resources to verify whether the project they invested will succeed or not? It's not necessary that VCs gets success every time, but you can go with their instincts.

Study the White Paper

Studying and examining the white paper of an ICO project after initial background research is also essential for you as an investor as it contains the essence of the project. If you are a bit unfamiliar with the white paper world, then you should start reading some solid ones like Satoshi Nakamoto’s Bitcoin white paper. A typical crypto whitepaper contains sections like the overview, mission, technical description, token information, roadmap, and project team.

Open Source Code based Project

At last, you before investing in a blockchain project ICO should also figure that the project code is working and in an open source mode, This a good sign that developers are worried about the betterment of the project and has enabled the developer community contribution option.

8
Do not miss this wonderful opportunity, Join PIETA (PITC) III Phase Pre ICO Sale

All the early investors who are looking to become a part of reliable solar energy-powered blockchain project for mining operations can join the Pieta’s III Phase Pre-ICO Sale running currently.


A total of 400,000 tokens have been put on sale in the third phase of Pieta Pre-ICO sale which can be owned at a minimal price of $0.75. Adding to this, an additional 40% bonus is also offered on buying the Pieta tokens in Pre-ICO sale, which will reduce in later sales. So hurry up, and invest in Pieta tokens before the stock gets empty.

Here is a list of noteworthy details about the third phase of Pieta Pre-ICO sale:-

  • Total tokens for sale - 400,000
  • Bonus 40%
  • Token price: $0.75

The third phase of the Pieta Pre-ICO sale will end on 15th May 2019, following which the main ICO sale will begin with higher token price and reduced bonuses. So hurry up and grab this wonderful opportunity.

Why Invest in Pieta and how it is more profitable?

Pieta is one of the world/ first solar-powered blockchain projects that aims to overcome the issue of high energy requirements in blockchain mining operations as well as make the mining operations eco-friendly. Pieta is also working to provide more benefits to crypto miners by reducing the cost of crypto mining.

In order to achieve this aim, Pieta uses the latest energy-efficient X20 hashing algorithm that reduces the energy consumption in the crypto mining by increasing the efficiency of mining equipment and keeping the hardware cool. As per the estimates, the latest X20 hashing algorithm is capable to reduce the energy requirements up to 50% in mining operations, which will again make mining activity 50% more profitable to users.

Adding to this, Pieta will also invest a significant amount of the ICO funding for development of mining rigs or equipment that can easily operate with solar energy. These mining equipment will also utilize the solar energy sourced from the company’s Solar farms located in Africa for mining-related activity making it eco-friendly.

Lastly, be investing in Pieta tokens early, the investors can reap greater benefits as it the Pieta blockchain mining network will completely run of green solar energy, which will reduce the mining cost and increase the popularity of Pieta coins.

Find more details about Pieta project or invest in the ICO at pieta.network



9
Can Blockchain be improved to become an Environment-saviour?


According to a Forbes article, “blockchain can save the environment when cryptocurrency goes green.”

So, yes, it is actually possible to make blockchain technology a friend, even a saviour, to our environment. Not sure what I am talking about? Let’s start with the beginning.

We live in a modern world, which is dominated by technologies such as the internet, AI and what not. I am not saying that it is a bad thing. In fact, technology has changed our lives for good. People are now living longer as they can get the best medical help when they need it. Technology has made the world more connected, advanced and better. However, all that came with a price.

Among the many disadvantages of technological evolution, one is its dependence on electricity. Thanks to technology, almost everything we do today needs electricity. This electricity is primarily produced from non-renewable sources like oil, coal and gas which are immensely harmful to the environment. So, the more electricity we use (and produce), the more damage is being done to the ecosystem.

Blockchain which is a relatively new technology has disrupted the digital finance industry in a very short time span. However, like all other technological means, this one also comes at a cost in terms of high electricity consumption. Blockchain transactions are processed through cryptocurrencies, which are mined (created) through a computing process which requires a lot of energy to work.

And the increasing competition in the mining space is only making the issue more serious with each day. Most of the existing crypto mining farms use electricity produced from non-renewable sources, which results in high carbon emission.

Green Energy for Cryptocurrency Mining

For every problem, there is a solution, at least there is in the crypto space. The most prominent solution to the eco-pollution problem of crypto mining is the use of green energy instead of non-renewable energies.

Green energy refers to non-renewable energy which is produced from sources like sun, tidal and wind. This kind of energy is not only friendly to the environment but also immense as it does not end. Since there is unlimited renewable power to harness, the cost will eventually be much lower as compared to the cost of traditional energy.

However, there is the problem of the initial cost. In order to harness solar energy, we need solar power plants and fields on a very large scale. Since solar energy production is not being done on a big scale as of now, setting up power plants for generating energy for crypto mining may be a very costly deal.

A solution to this problem is a green energy network and crypto mining loop, where the output of each process (crypto mining or green energy production) is fed to another. However, one would still need a very large setup cost. This is only possible if and when Investors and organizations worldwide come together and join hands to build such a system.

Pieta is a project based on a similar concept. It is working to establish solar energy plants and networks in order to produce cheaper solar power to be used by crypto mining networks and other industries around the globe. You can find more information about this project at pieta.network


10
Why People Should Be Investing in Renewable Energy in 2019

The world needs to go green, today. Going green is no longer an option but a requirement if we want us and our future generations to survive. And this is why we should seriously consider investing in renewable energy this year and beyond.


What is Renewable Energy?

Renewable energy refers to a type of energy which can be renewed easily. This is because this energy is derived from a source which is unlimited or can never be consumed completely. Solar power, wind, and tidal power are some of the examples of renewable energy sources. Solar energy is harnessed from the sun. The sun is the biggest and never-ending source of power.

Besides the obvious fact that renewable energy is unlimited and cheaper, another reason for using this kind of energy is its eco-friendly nature. For instance, the manufacturing or use of solar power does not harm our environment the way traditional fossil fuels do.

Why use renewable energy?

If it is still not obvious, here are some other reasons and facts to assure you that renewable energy is the future of the global energy sector.

  • Fossil fuels such as coal, oil, and natural gas are responsible for most of the environment-related disasters, including air and water pollution, wildlife loss, damage to public health, degrading quantity and quality of water and land, global warming, carbon emissions, etc.
  • Solar energy can be used for creating tremendous amounts of clean and sustainable electricity.
  • Most renewable energy resources have no to very little carbon (global warming) emissions.
  • Electricity generated from clean energy sources does not have air pollutants, which means it is healthy for the public.

Where and how to invest?

Businesses, as well as investors all over the world, are considering investment options where they can not get good returns but also help make a positive impact on the ecosystem. There are multiple investment opportunities in the renewable energy sector if you know just where to look. Solar energy investment is one of the most profitable options. Here’s how.

Solar-powered Cryptocurrency Mining

As the demand for blockchain solutions and cryptocurrencies is rising with each day, so is the popularity of crypto mining. However, the mining of top coins such as bitcoin and ETH are very costly as well as detrimental to the environment because of high energy consumption in the process. This is why not many people are yet engaged in the mining process.

Solar energy can provide a cheaper and more eco-friendly energy alternative for crypto mining. There are projects like Pieta implementing this idea. Pieta is developing an ecosystem for solar-powered mining of cryptocurrencies. It will use the new X20 algorithm for cost-efficient and more productive mining of top cryptocurrencies like Bitcoin, ETH and Pieta token.

As of now, Pieta is seeking investors in order to raise funding for the establishment of affordable solar energy plants throughout the world. This is a golden opportunity for all the investors looking for fund Global Renewable Energy projects in 2019.

11
How Does Solar Power Help the Environment? (Explained By Pieta)


As we all know that environment is facing a lot of challenges, global warming being the biggest, so Solar energy, being a clean, renewable & accessible source of energy is becoming people’s top-most demand for their homes and offices.

Solar energy is light and heat of a sun harnessed using a range of ever-evolving technologies such as:

  • solar heating
  • Photovoltaics
  • Solar thermal energy
  • Solar architecture
  • Molten salt power plants
  • Artificial Photosynthesis.

How does Solar Energy help us (and the Environment)?

Solar Technology harnesses Solar Energy to provide us with various advantages, such as:

-> Protecting our Environment
Solar energy is a clean, affordable, accessible and sustainable way for electricity generation. It protects our environment from the harmful impacts of carbon-based energy in the following ways:

Solar reduces Carbon emission
Solar energy minimizes environmental issues like climate change and health problems related to carbon emissions. According to the U.S. Environmental Protection Agency, the average household emits approx 20 metric tons of carbon pollution per year. By installing a solar power system, carbon emissions can be reduced by a great extent.

Solar reduces water pollution
Solar photovoltaic cells don't require water to generate electricity like all other electricity generation equipment do. Solar energy prevents local water resources from polluting as it does not need water to cool down its equipment like geothermal power plants.

One of the trending examples of how solar energy can benefit our environment is the Pieta Project. Pieta is a blockchain project committed to protecting the environment from the harmful impacts of carbon release by using alternative energy sources in the cryptocurrency mining process. It does so by encouraging the use of green, renewable solar energy for blockchain mining. Solar energy is cheaper and friendly to the environment, thus can effectively minimize energy cost in the mining process. In addition, pieta.network is also the first project to use the new X20 algorithm which reduces energy consumption by keeping the mining hardware cool.

-> Electricity bill reduction
Solar power is available abundantly for free of cost. It abbreviates the huge electricity expenses and thus saves a lot of money.

->Increased value of the property
Houses and offices equipped with solar plants are in high demand and yield a good value of the property.

-> Energy Independent Economy
Solar energy is an accessible, reliable & huge source of energy which makes us energy independent by reducing our need for finite resources, just like the U.S. had become an energy independent economy with the implementation of green energy.

-> Boosts employment
Introduction of solar energy has given rise to employment opportunities. The Solar industry has increased the figure of jobs 12 times faster than any other industry in the U.S. economy in the year 2015.

So, this is how solar energy can and does benefit us and protect our environment. Blockchain mining, which has not become a very popular activity amongst tech enthusiasts, is known to consume a lot of electricity, which is adversely affecting our environment. Projects like Pieta are helping to minimize the impact with the use of Solar Energy.

12
The mining of blockchain refers to the mining of blocks in a blockchain network which in turn results in the mining of coins (cryptocurrencies). Almost everyone who is familiar with the blockchain technology is also somewhat familiar with the concept of crypto mining. If not, here is a brief idea.


Cryptocurrency mining is the process in which a miner or a group of miners try to solve a complex mathematical equation in order to verify a transaction in a blockchain network. Each verified transaction in the network is added to a block which is then added to the chain. For each new mined block, the miner is rewarded a predefined amount of cryptocurrencies.

Theoretically, crypto mining should be a profitable and safe activity, depending on the market value of the coins that are mined. However, the high initial cost of hardware and energy greatly limit the profits of the miners. Depending on the popularity and competition in a particular crypto mining, the hardware and energy cost can be quite significant and can only be afforded by big organizations and groups. This is why bitcoin mining is an activity still limited to only a certain user base.

Moreover, mining is a really harmful activity from the environment point of view. As energy consumption is high, so is the release of harmful carbon and gases such as CO2. These gases emitted by the bitcoin mining hardware negatively impacts our environment, adding to the woes of our ecosystem.

So, what’s the solution?

According to industry experts, cryptocurrency mining can be effectively made beneficial for the environment by the use of alternate, gree power sources such as solar energy and tidal energy.

Let’s try to understand this with a real-world example.

Pieta.Network is a project which is working on making cryptocurrency mining environment-friendly and more energy-efficient by the use of green solar energy. As we all know, solar energy is the power that comes from the sun. This power is harnessed using technologies and tools such as solar panels to produce solar thermal energy which can be used as a replacement for electricity and other fuel-based energy options.

Now, the best benefits of solar energy are that it is renewable and completely friendly to the environment. This is why it can make the perfect energy alternative for the crypto mining process.

Pieta utilizes this concept to encourage solar energy based crypto mining. However, the implementation of solar energy plants on such a big scale is expected to involve a very high cost, as the production and distribution of solar energy are still limited. Pieta will expand the applications of solar power in businesses and households around the world by investing in a number of solar projects. It will start by establishing the project headquarter which will completely run by the solar energy produced from the in-house plantation.

Projects like Pieta give us hope that the environment can still be saved from the harmful impacts of pollution and that the development and environment protection can go hand in hand.

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