I just signed up for SolarCoin crypocurrency.. let's see how this goes

in solar •  7 years ago  (edited)
About a week ago I signed up at http://SolarCoin.org and added my two solar facilities. I think I did it correctly, I don't think they have been approved yet, I haven't heard anything. I read that they add new systems the first week of the month so maybe I have to wait a month. Anyway, I wanted to document my little SolarCoin journey here in case it is helpful to anyone else.

We went solar about 6 years ago, and added a second array last year. It is really nice not having an electric bill most of the year, and getting some SolarCoin would be a nice little bonus that I would probably HODL for a while. I do already get SRECS in my state so I keep track of my solar power generated each month.

Anyway, when my systems do finally get approved and I receive some SolarCoin I will be sure to post here how it works. I have several friends and family that also have solar panels that may be interested in this as well, I guess I will be the test case.

Thanks for reading,
K

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Welcome to the SolarCoin community! Once you're approved and the payments are sent out, you'll get a nice initial grant of coins from the past 6 years of power generation :).

Since you plan to HODL the coins, look into staking the coins as you hold them. Staking them in your wallet will let you earn interest as your computer hosting the wallet acts as a node to secure the blockchain.

Thank you for the information, I am excited to get started!