Mecobit begins a new era in photovoltaic-powered cryptocurrency mining

Mecobit Photo Voltaic, a global company with a focus on high-quality photovoltaics at an affordable price, proclaims product enhancements to its Photovoltaic System product that are powering cryptocurrency miners and other miners today. Mecobit photovoltaic system products include transportable photovoltaic station, photovoltaic panel kits (complete) and M4000 photovoltaic unit.

Mecobit photovoltaic system customers can now utilize backup power during a grid outage to help preserve the operation of critical home equipment or energy issues such as home equipment, dryers, pool pumps, electric car chargers and even cryptocurrency mining rigs.

Some cryptocurrencies, including Bitcoin, are created through a process called proof-of-work that requires computer systems to “mine” forex by solving complicated puzzles. Powering these computer systems includes massive amounts of electrical energy. Bitcoin is notorious for wasting enough electrical energy to add 40 million tons of carbon dioxide to the environment per year – but now a growing number of miners around the world are creating new, inexperienced and profitable methods that cost a fortune . .

Because the share of solar-powered hash load seems more likely to grow, many see the potential for using renewable vitality in Bitcoin mining as a virtuous cycle – Mecobit offers distinctive incentives in mining cryptocurrency, which propel operations to leverage the most affordable energy possible and encourage additional operations around the world to convert to renewable energy sources, such as photovoltaics.

As governments agree to reduce carbon emissions and introduce new incentives such as funding tax credits, the share of mining operations using solar energy may improve. And while solar power can also be considered green and renewable, there are significant issues with photovoltaics, including daylight hours limits and delivery prices. To help keep delivery prices down, Mecobit pays delivery and import tariffs, allowing customers to rack up whatever they need to start at no additional cost beyond the price of the system itself.

About Mecobit

Mecobit was founded in 2015 with the aim of creating, advertising and marketing the world’s solar-powered cryptocurrency miners, which could use both Ethash, SHA-256 or Scrypt expertise. The company was the world’s first solar-powered cryptocurrency mining company with the aim of revolutionizing the photovoltaic panel market by offering more energy at a more affordable price. Mecobit is headquartered in London, England, and has offices in cities around the world, including Hong Kong. The company’s website, www.mecobit.com, provides additional information about the company and its products.

Jack C. Nugent