HashByte PROJECT AND IT’S ICO OVERVIEW 2018 - SUSTAINABLE ENERGY MINING
Greetings to everyone all over the world, as usual, all of you know's, I always carry you along with any information about good crypto related projects through my blog.
According to the main purpose or fixed design of this article , I will be presenting you a brief introduction about Renewable energy
INTRODUCTION:
Renewable energy is energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat. Renewable energy often provides energy in four important areas: electricity generation, air and water heating/cooling, transportation, and rural (off-grid) energy services.
Based on REN21's 2017 report, renewables contributed 19.3% to humans' global energy consumption and 24.5% to their generation of electricity in 2015 and 2016, respectively. This energy consumption is divided as 8.9% coming from traditional biomass, 4.2% as heat energy (modern biomass, geothermal and solar heat), 3.9% hydro electricity and 2.2% is electricity from wind, solar, geothermal, and biomass. Worldwide investments in renewable technologies amounted to more than US$286 billion in 2015, with countries like China and the United States heavily investing in wind, hydro, solar and biofuels. Globally, there are an estimated 7.7 million jobs associated with the renewable energy industries, with solar photovoltaics being the largest renewable employer. As of 2015 worldwide, more than half of all new electricity capacity installed was renewable.
Renewable energy resources exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits. The results of a recent review of the literature concluded that as greenhouse gas (GHG) emitters begin to be held liable for damages resulting from GHG emissions resulting in climate change, a high value for liability mitigation would provide powerful incentives for deployment of renewable energy technologies. In international public opinion surveys there is strong support for promoting renewable sources such as solar power and wind power. At the national level, at least 30 nations around the world already have renewable energy contributing more than 20 percent of energy supply. National renewable energy markets are projected to continue to grow strongly in the coming decade and beyond. Some places and at least two countries, Iceland and Norway generate all their electricity using renewable energy already, and many other countries have the set a goal to reach 100% renewable energy in the future. For example, in Denmark the government decided to switch the total energy supply (electricity, mobility and heating/cooling) to 100% renewable energy by 2050.
While many renewable energy projects are large-scale, renewable technologies are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Former United Nations Secretary-General Ban Ki-moon has said that renewable energy has the ability to lift the poorest nations to new levels of prosperity. As most of renewables provide electricity, renewable energy deployment is often applied in conjunction with further electrification, which has several benefits: Electricity can be converted to heat (where necessary generating higher temperatures than fossil fuels), can be converted into mechanical energy with high efficiency and is clean at the point of consumption. In addition to that electrification with renewable energy is much more efficient and therefore leads to a significant reduction in primary energy requirements, because most renewables don't have a steam cycle with high losses (fossil power plants usually have losses of 40 to 65%).
Renewable energy systems are rapidly becoming more efficient and cheaper. Their share of total energy consumption is increasing. Growth in consumption of coal and oil could end by 2020 due to increased uptake of renewables and natural gas.
In reference with the motion of this article, Today! I will be presenting you a particular undisputed project called: HashByte
WHAT IS HashByte?
HashByte is a renewable energy-based cryptographic company that includes a team of entrepreneurs, investors, cryptocurrency experts, and climate change, lawyers.
HashByte was formed with the aim of introducing green energy mining to the cryptocurrency industry. The aim is to set up the infrastructure that can facilitate truly green mining for investors and broaden the landscape for miners around the world. This includes the creation of state of the art machines and grids that are energy efficient and that require less cooling. Currently our facilities use cuttingedge renewable energy and no money is being paid to any electrical companies. Going forward we are creating an energy efficient architecture for our blockchain to ensure that mining costs and demands are low. The green mining rigs we are developing will also require less computing and energy power to mine Cryptocurrencies.
We are already mining several different coins from our mining facilities. They include Bitcoin, Ethereum, Litecoin, and Monero. The platform relies on cloud mining where investors don’t need to run the machines for themselves. Instead, they are purchasing smart contracts which allow them the mining rights in our facilities. Since the energy demand is so low, the profits that HashByte is currently offering are substantially higher than in conventional mining farms.
FURTHRE DETAILS ABOUT HashByte
HashByte Cloud-Mining was created in 2015 as a means to provide green energy that saves the planet, as well as safe and secure investment funds for those who are interested either to start working in the cryptocurrency space or those who already work in This domain sphere of time.
HashByte intends to stimulate the current situation in the process of developing cryptocurrency to a green/renewable model, eliminating the need for electricity consumed by fossil fuels.
HashByte offers services for cryptocurrency cloud mining, and their goal is to continue to innovate for this already thriving industry. However, even though they are not the only company to offer cloud-based mining projects, they have discovered a way to use their services to take mining to a new level through “sustainable energy” practices that would reduce the cost of minting new bitcoins by contributing hashing power to the network.
In a press release in Australia on June 1st, 2018, the HashByte brand announced their intention to help consumers create a safer and less costly option for mining.
They have been involved with cryptocurrency for almost a decade, so they understand the stress of having to make time to mine, along with gaining the resources required to do so.
Now, consumers can mine through HashByte, while they sit back and relax and use their allegedly better-margined mining operation.
HashByte uses the existing cloud mining services that they provide and allow users to rent out the hash-power they need annually. The total cost that investors pay will vary, starting at $100, and they will be able to enlist the support of smart contracts.
These small investments help with low fees in the pools, less electricity used, and low pricing for hardware. However, the experienced user can see that these are all services that other brands offer already, leaving them wondering how HashByte is any different.
Hashbyte Gash: CASH production also uses a lot of energy. Here is the first GREEN and digital GASH. Hashbyte uses the latest mining technologies and renewable energy sources to provide low tariffs and low-cost contracts for the development of cloud deposits and therefore a good profit for investors.
HASHBYTE ECOCHAIN
The HashByte EcoChain will be the first ever state-of-the-art energy efficient and decentralized Blockchain. The main feature of the HashByte EcoChain is that it will rely on energy-efficient consensus algorithms. This is a truly different approach to providing consensus. Instead of the GPU and CPU intensive proofof-work architecture, HashByte EcoChain will rely on an approach that is currently patent pending.
The benefit for our new approach is that it will require less energy to provide consensus for HashByte EcoChain. Consensus can be provided from computers and mobile devices that can run as little as one full node of the HashByte EcoChain. There are several benefits to using the HashByte EcoChain. They include:
● Instant transactions – Proof-of-Work blockchains have slow block speeds because of the computational load. The HashByte EcoChain will provide instant transactions because of the revolutionary consensus mechanism used.
● Cutting-edge fund protection – The funds of users on the HashByte EcoChain will be protected from hackers, phishers and nefarious individuals seeking to use the platform to steal or do damage because it will not be susceptible to 51 percent attacks like Sybil attacks because of its widespread use.
● Global accessibility – The HashByte EcoChain will be accessible from all parts of the globe. Global access brings the passive income opportunity of blockchain mining to people in different parts of the world. Cloud mining is designed for this purpose as well, increasing access to groundbreaking technology.
● No transaction fees – The HashByte EcoChain will be a utility blockchain where the native cryptocurrency will not have any transaction fees and the blockchain cryptocurrency will be generated from the HashByte cloud and green mining services. This will make the HashByte EcoChain the first truly free blockchain that individuals can use.
HashByte RPADMAP
● Q4 2015
We formed a team of climate change believers and cryptocurrency enthusiasts.
● Q2 2018
Launched was one of the first renewable energy cloud mining platforms.
● Q4 2018
Token generation event and Fundraising for GreenHash™
● Q1 2019
EcoChain Test-Net would be rolled out in stealth mode to the eco developer community.
● Q3 2019
EcoChain Main-Net launch. Gash cryptocurrency would also be released to the public.
● Q4 2019
GreenHash would be released on a limited scale for testing.
● Q1 2020
GreenHash™ would finally be made available to the public on a large scale.
HashByte TEAM BOARD
At the forefront of the GCA is the HashByte team that is already revolutionizing the industry by showing others that green mining is viable and a more sustainable option for the future.
HashByte ICO AND TOKEN ANALYSIS
PreSale Starts: 1st Nov 2018
PreSale Ends:30th Nov 2018
TGE Starts: 1st Dec 2018
Ends:15th Dec 2018
Participate in token sale by following the link: https://tge.hashbyte.io
The total supply of HSB tokens available will be 20,000,000 HSB. Our aim is to raise enough money to build GreenHash and then the HashByte EcoChain platform. The Soft cap is $10 million while the hard cap is $30 million. The initial exchange rate will be 1ETH for 70 HSB. The presale starts on November 1, 2018 till the end of November while the public token generating event will start on December 1, 2018 and run until December 15, 2018. There is a 25% discount for purchasing the HSB tokens before the end of the presale.
The token distribution will be subdivided into four main groups. 10% will go to the advisors while 10% will go to the change believers or the development team. The platform will reserve an additional 25% while 55% will be available for supply to the public. This is better shown in the following graphical description. Once the Token sale is completed, the proceeds will be distributed into the following four main areas. First, 44% of the funds will be allocated to the GreenHash research and development and the platform will be fully developed and rolled out. 15% will be reserved for running operations, 26% will be allocated for marketing and 15% will be allocated to the creation of the HashByte EcoChain development.
Name <<>> HashByte
Ticker <<>> HSB
Total Supply <<>> 20,000,000 HSB
Soft Cap <<>> 10,000,000 USD
Hard Cap <<>> 30,000,000 USD
Currency <<>> BTC, ETH, DASH, XMR
Price <<>> 1HSB = $0.70
MY OPINION CONCERNING THIS PROJECT
In my own perspective, I can see HashByte as an innovative, incomparable and undisputed project with a great vision and unique ambition to be the most smartest and respective projects in the nearest future all over the globe.
CONCLUSION:
Nowadays a lot of projects are being created in different countries, But not much of them with solid standard and good qualities as HashByte does.
Thanks to Blockchain Technology and HashByte Platform for introducing better and incomparable ideas in the World Climate Change
For more or further details, please! Kindly follow the links below:
WEBSITE: https://tge.hashbyte.io
WHITEPAPAPER: https://tge.hashbyte.io/whitepaper
TELEGRAM: https://t.me/hashbytemining
YOUTUBE: https://www.youtube.com/channel/UCasQmy839vDSR-a4OJPBpng
TWITTER: https://twitter.com/Hashbyte_mining
FACEBOOK: https://www.facebook.com/hashbytemining
INSTAGRAM: https://www.instagram.com/hashbyte_mining
Enjoyed the article? Please let me know by giving your vote and send a recommendation to a friend. Thank you!
AUTHOR: Dprince2281