Hi, lads! Today we will review a promising startup (in the form of ICO) related to the mining of the cryptocurrency in the context of using alternative sources of energy (solar energy). Project name is CRYPTOSOLARTECH.

WEBSITE: https://cryptosolartech.org
WHITEPAPER: https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf

The Key Challenge for Crypto Mining Industry and CRYPTOSOLARTECH Solution

At present stage of crypto economy development, one of the most important challenges for mining cryptocurrency may be considered the exceeding power consumption thus making mining not as profitable undertaking as it was in the previous years.

The stated challenge has enforced CRYPTOSOLARTECH team to start developing the INNOVATIVE SOLUTION in the field of investments into the solar energy. The key concept of such solution lies in creating a solar photovoltaic pool generating 45,000 kW for supplying energy to the mining farm. The team of the project strongly believes that such modern approach of using an alternative source of energy for mining will really transform the mining industry into the profitable and sustainable undertaking. The environmental issue will be also tackled by using only clean and renewable energy that is 100% free of CO2.

Furthermore, there will be no need in using the common sources of power because the energy generated from the solar stations will be purchased by Respira Energia company and sent to the mining farm located in Malaga (Spain).

The Main FEATURES and ADVANTAGES of the CRYPTOSOLARTECH Solution

CRYPTOSOLARTECH is aimed at gaining the leading positions in providing cheap energy for effective mining thus reducing overall processing costs. This will also allow maintaining specialized service centers for keeping an eye on the equipment 24/7 for reducing downtime and improving key production indicators.

The innovative solution of integrating Blockchain with Solar and Miner plants will provide a number of ADVANTAGEOUS FEATURES:

👉 REDUCED TRANSACTION COSTS and FASTER TRANSACTIONS SETTLEMENTS due to peer-to-peer (or business-to-business) transactions. No third parties required.
👉 DECENTRALIZED BANKABILITY thus giving power to the holders of the tokens and not to intermediaries;
👉 OPEN SOURCE TECHNOLOGY will provide more transparency;
👉 Greater SECURITY and EMPOWERED USERS due to the possibility to control your data and transactions;
👉 TRUSTWORTHY ENVIRONMENT due to PROCESS INTEGRITY relying on blockchain transaction execution protocol;
👉 RELIABILITY of the system supported by decentralized networks thus better withstanding malicious attacks.

Watch the official PROMOTION VIDEO to find out more details on the proposed concept:

CRYPTOSOLARTECH project may be considered as one of the earliest adopters of blockchain and solar industry integration. This fact must attract a lot of institutional investors and private individuals who pour money into this well-thought startup in the form of ICO - a new way of fundraising through issuing the utility crypto tokens of the project. Let us examine the main aspects this fundraising campaign (ICO).

CST Token and ICO Details

CRYPTOSOLARTECH is going to issue CST Token serving as utility token within decentralized smart ecosystem for payments, granting access to certain services (hosting, maintenance and repair of mining equipment), acting as a reward/incentive tool, and enabling right for renting a fraction of a crypto mining farm.

CST TOKEN SPECIFICATIONS AND SALE PHASES:

📌 TOKEN SYMBOL: CST
📌 TOKEN STANDARD: ERC20
📌 TOKEN USE: utility
📌 TOTAL SUPPLY: 1,260,000,000.00
📌 FUNDRAISING GOAL: 71,400,000.00
📌 SOFT CAP: 983,733 € (soft cap has been reached)
📌 HARD CAP: 71,400,000 €
📌 TOTAL TOKENS FOR SALE: 80% (20% retained for future development and market expansion)
📌 PURCHASE METHODS: ETH, BTC, LTC, BCH, XRP, FIAT
📌 MINIMUM INVESTMENT: 5000 TOKENS
📌 TOKEN PRICE: depends on the ICO phase (see below)

FUNDS distribution will take place according to the following structure:

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CRYPTOSOLARTECH PROJECT TEAM:

CRYPTOSOLARTECH project team is quite large and the team members have good experience in the related fields: blockchain technology, alternative energy sources, crypto mining industry, software engineering and architecture, data science, finances, and marketing. The team is reinforced with professional advisors and this may be considered as a proof of serious intentions of this undertaking. The list of the team members/advisors can be found by visiting the official website of CRYPTOSOLARTECH project: https://cryptosolartech.org. Also, you can familiarize with team members and advisor by reading the whitepaper (starting at p.31): https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf

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CONCLUSIONS:

We deal with very interesting undertaking related to solar power field and its integration into blockchain technology and mining industry. Such projects become more and more popular nowadays and attract the attention of major institutional investors thus we may expect proper fundraising. The innovative concept of CRYPTOSOLARTECH project and its implementation will give the possibility to resolve issues related to high energy consumptions in the process of mining cryptocurrencies and this must reduce costs substantially thus giving more profits to investors. I should conclude that CRYPTOSOLARTECH project is very encouraging in terms of high ROI so let us take a closer look in order to see the emergence of the new crypto mining entity based on generated solar power.

CRYPTOSOLARTECH PROJECT CONTACT DETAILS:

Website: https://cryptosolartech.org
Whitepaper: https://cryptosolartech.org/doc/cryptosolartech-whitepaper-en.pdf
Telegram: https://t.me/cryptosolartech
Twitter: https://twitter.com/cryptosolartech
Facebook: https://www.facebook.com/cryptosolartech
Medium: https://medium.com/@cryptosolartech
Reddit: https://www.reddit.com/user/cryptosolartech
Bitcointalk thread: https://bitcointalk.org/index.php?topic=3544255.0

The author of the article (on Bitcointalk):
https://bitcointalk.org/index.php?action=profile;u=1144629

ETHEREUM ADDRESS: 0x7d0abcA9bFfa12dfAB44EbEd1767A025DDb9c52F

Any feedback on CRYPTOSOLARTECH project would be really appreciated.

Thank you!