Solar Mining Power
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About Mining

So how much electricity does a bitcoin take to produce?

Bitcoins are mined by getting lots of computers around the world to try and solve the same mathematical puzzle.

Every ten minutes or so, someone solves the puzzle and is rewarded with some bitcoins. Then, a new puzzle is generated, and the whole thing starts over again.

At this rate, the bitcoin network runs at 342934450 watts, which equates to around 343 megawatts. Calculations based on EIA data reveal that the average US household consumes about 1.2 kilowatts of power, meaning that 343 megawatts would be enough to power 285,833 US homes at the time of writing (May 2015).

Thatís quite a lot of energy Ė about a third of the homes in San Jose. And our 1 watt per Gigahash/second figure is pretty efficient. There will be a large number of residential users who will be taking more power to run their miners.So itís likely that this is a conservative estimate.

made the first step to become a shareholder today!
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We also have a special offer :
Solarmining offers an exceptional reward to all ICO participants.

If you buy 100 coins for 15 dollars, ether addresses will be drawn and will receive a bonus equivalent to :
1000 ether for the 1st winner 🥇
350 ether for the 2nd winner🥈
170 ether for the 3rd winner🥉
120 ether for the 4th winner 🎖
70 ether for the 5th winner🏅

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