GX Blocks: Blockchain + Energy

in gxblocks •  4 years ago 

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INTRODUCTION: GX Blocks energy has integrated with blockchain and mining operations that is also supported by energy assets to engage users(new and old) in the blockchain community using different products through a business model. GX Blocks energy plans to introduce the fintech field(a combination of dependable energy and blockchain technology).

The three pillars of GX Blocks platform are:

  1. Contracts that would be able to compute the cloud.

  2. Energy sources that can be renewed.

  3. Centers for mining cryptocurrencies.

PROBLEMS OF GX BLOCKS:

  1. The energy problem technology faces: Industrial air pollution is harmful to our health and environment and it is also known for constantly polluting our environment. Generation of electricity is the main cause of industrial air pollution around the world. A large percentage of the world's electricity is being generated from non-renewable resources, coal and nuclear. To make matters worse, the blockchain network uses about 113.1 terawatts of electricity every year.

  2. Unextended means of communication with innovative technologies: There are platforms that use difficult methods to completely engage blockchain payments and other features. There are bureaucratic and sluggish processes, expensive and tiring fees, middle men and inability to transfer capital due to its bureaucratic nature.

  3. Renewable energy production: Renewable energy production is based on consumption immediately. But almost immediately this solution arrived, problems set in. This renewable energy can not be kept for future purposes. It is therefore impossible to store renewable energy. Renewable energy is therefore to be used in a short time after production.

SOLUTIONS OF GX BLOCKS:

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  1. The investment strategy of gxblocks is to involve the use of photovoltaic and hydropower plants with renewable energy connected to the grid.

  2. Multipurpose blockchain network: GX Blocks provides it's users with a decentralized and open system. A hybrid contract has been obtained from the blockchain network and decentralization that makes it possible for the blockchain products to be accessed with ease and low fees and affordable management.

  3. Use blockchain mining to convert energy to digital assets: GX Blocks provides solution to renewable energy problem by combining renewable energy sources to mining units thereby making the excessive energy produced as an advantage. Liquid cooling methods would also be employed to reduce the energy demands of mining operations.

    The GX Blocks energy is an all-in-one platform owing to its user-friendly nature, mining operations, blockchain network, smart contracts and seamless nature of buying and selling cryptocurrencies.

The GX Blocks platform has three services to offer:

  1. Blockchain mining through the help of smart contracts: GXB smart contracts holders are given 80% indirect income every month.

  2. Accepted all-round wallets: It supports not only bitcoin but also major altcoins.

  3. Cold mining operations: Just with a single click, you earn rewards with your supported assets even when offline. Here, your cryptocurrency does all the work for you.

There is a huge difference between other mining platforms and GX Blocks platform because it is a transparent and open platform with high profits.

Useful Informations :

(Website) : https://gxblocks.com/
(Whitepaper) : https://gxblocks.com/wp-content/uploads/GX%20Blocks%20Energy_Bitcointalk_6_20_2020.pptx%20
(Twitter): https://twitter.com/GxBlocks
(Facebook): https://www.facebook.com/gxblocks/
(Telegram): https://t.me/gxblock
(Instagram) : https://www.linkedin.com/company/26270450
(Medium):https://medium.com/@gxblocks

Publishers Details :
Bitcointalk Username : Bestmanbuka
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=2125805

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