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DAGO-MINING: The FIRST completely autonomous Mining Farm.

The GREEN SOLUTION of DAGO-Mining

When cryptomining was still in its infancy, it was well distributed among a couple of thousand private miners, governed by transparent rules and not harmful to the world environment because the energy requirements were microscopic. During last years, all is changed: Dutch bitcoin analyst Alex de Vries, who operates a Bitcoin Energy Consumption Index on the website Digiconomist, has produced estimates of growth of energy consumption and they are alarming. If bitcoin miners are using the most efficient machines possible, the lowest amount of electricity they could possibly be using is 13 terawatt hours, de Vries said in an interview. That's about as much as the entire country of Slovenia. De Vries said less conservative estimates make it entirely possible that bitcoin is using as much energy as Ireland, which consumes about twice as much as Slovenia, or about 0.7 percent of the U.S. total. The problem is getting worse, said de Vries, who estimated the annual amount of energy consumed by bitcoin rose by a fifth in the final weeks of 2017. Even worse, the concentration of mining power in the hands of a couple of large corporations is distorting the formerly democratic decision-making process in these networks: changes in protocols and hard forks are in danger of being influenced by the economic interests of a few. DAGO mining has designed a mining system with three technologies all together: a high efficiency photovoltaic system that uses solar concentration panels, combined with an innovative energy storage system in salt water batteries that will bring the farm to be self-sufficient in terms of energy in 12- 18 months from the start. The progressive construction and assembly of the hardware of mining using high performance GPU (not only Graphics Cards) uses ASIC Chip already on the market, but not used in the right configuration, everything is cooled by “Immersion Cooling” in order to exploit the possibility of overclock without losing stability and durability. Using the dynamics of exponential growth for both, we promote climate preservation and the welfare of our token holders. It is the physical incarnation of the blockchain spirit: a robust and decentralized system that can withstand disruptions in government policies, price structures and the energy supply. 

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This article was published on 16.05.2018 by Dago Mining
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