Tasks and News

Discussing Green Crypto Mining | Posted 1 year, 1 month ago
A frightening CO2 balance As the crypto network grows, so too does the concern around its environmental impact, and with good reason. According to a study from May 2018, the global energy demand for Bitcoin mining alone amounts to at least 2.55 gigawatts. The real problem, however, is how this electricity is generated: in fact, most of it comes from fossil fuels 🛢 and Chinese coal-fired power plants, resulting in extremely high CO2 emissions.   Improving the Grid That being said, crypto mining environmental impact is 100% attached to the “green performance” (or lack thereof) of the global energy grid. That means improvements in solar, hydro, wind and other renewable power technologies ♻ have the potential to make mining much more climate-friendly in the future.   Staking your Coins A different approach to the problem is using Proof-of-Stake types of network. A Proof-of-Stake consensus algorithm provides for mining opportunities in proportion to the amounts of tokens held by a user on the network 💰, therefore providing an environmentally-conscious alternative to the Proof-of-Work methodology popularized by Bitcoin.   Going One Step Further On the other hand, azultec already starts with the crypto-miners itself: thanks to various technologies developed in-house, our Cube can convert the electricity required for operation and thus recover up to 72% of it. This energy can then, for example, be fed into the in-house heating system or stored. This makes the Cube probably the most efficient mining computer ⚡.   👉  What is your take on the environmental effects of crypto mining? 👉 ​ Which solution do you think is the most likely to work? Let us know in the comments.  
Project: azultec | Rewards: 10000 YUP and 2000.0 AZU
Crypto Glossary #2 - Airdrop | Posted 1 year, 5 months ago
Hello Crowdholders and welcome to Crypto Glossary #2!  The aim of the #CryptoGlossary campaign is to create a collection of crypto-related tweets and thoughts, a trustworthy and accessible knowledge base made by the community for the community. Each week we'll pick a different word from the cryptocurrency ecosystem, and we want you to tweet about it and then vote the best entries here in the comments. The 5 best tweets will be retweeted by the whole community in a dedicated Twitter Bounty!   We hope this event will not only spark everyone's creativity and writing talent but also encourage critical thinking and constructive criticism. Task Describe/Explain the following crypto term in a tweet: AIRDROP Be as creative as you can, express yourself and do it in a way your grandma would understand!  Rules Max 1 submission per user Min 100 characters English only Must tag @crowdholding in your tweet Must use #CryptoGlossary hashtag Must use #airdrop hashtag No copy-paste allowed, creativity is a must! Submission Instructions Leave a comment below including: your definition of AIRDROP link to your tweet Example: An #airdrop is a marketing campaign that distributes a specific cryptocurrency or token to an audience in order to encourage use and build its popularity. In most campaigns users are rewarded for simple tasks like sharing news or referring friends. @crowdholding #CryptoGlossary https://twitter.com/LCrowdholding/status/1074602653701865472 Rewards 5000 YUPs for comments and upvotes 300+ retweets for each of the 5 winners That's all for today, we are looking forward to seeing what you guys will invent and we can't wait to start creating the glossary together! Class dismissed, CH Team  
Project: Crowdholding | Rewards: 5000 YUP