Everyday, crypto-mining makes a profit by finding and verifying blockchain transactions. However, due to mining requirements, the process is leaving a huge carbon footprint, one that is much worse than originally expected. As of January 31 2018, Bitcoin energy mining costs have surpassed the energy consumption by the entire country of Iraq.
THE 4NEW PROJECT IS THE FIRST EVER ECO-FRIENDLY BLOCKCHAIN SOLUTION THAT TURNS WASTE INTO ENERGY. BY REFINING WASTE PRODUCTS INTO WATER AND ORGANIC MATERIALS, 4NEW CAN CREATE ENERGY THAT IS SUBSEQUENTLY SOLD TO THE NATIONAL GRID OR APPLIED TO ITS OWN PROPRIETARY ECO-FRIENDLY MINING FARM.
The cost to produce this energy is negated through the revenue from a variety of 4NEW services, including:
The Mining Capacity Of A KWATT Coin
Miner Portfolio Customization
Proof-Of-Work And Proof-Of-Stake Mining