February’s devastating earthquake in Bali saw an eruption of liquefaction that devastated the country, killing hundreds and displacing thousands more. But its damage did not end there; the quake also triggered tsunamis that struck beaches as far away as Perth, Western Australia, claiming even more lives and adding to the utter chaos descending on South-East Asia. The death toll continues to rise from the incident, but what long-term effects? Will those areas affected be able to recover? And could solar energy crypto mining be the answer to helping them on their way?
What is Solareum?
Solareum is a new cryptocurrency that is mined using solar energy. The Solareum Foundation, the team behind Solareum, believes that this new currency has the potential to incentivize post-COVID recovery in south-east Asia. Here’s how it works: when someone mines Solareum, they are rewarded with coins that can be used to purchase solar panels. The more Solareum is mined, the more solar panels will be purchased, and the more solar energy will be generated.
The Benefits of Solareum
1. Solareum is a new way of mining cryptocurrency that is environmentally friendly and sustainable.
2. Solareum miners are rewarded with tokens for their contribution to the network, which can be used to purchase solar panels and other renewable energy products and services.
3. Solareum offers an incentive for people to switch to renewable energy sources, which could help speed up post-COVID recovery in south-east Asia.
How Does Solareum Work?
Solareum is a new project that incentivizes solar energy production by crypto mining. In short, Solareum pays people to generate solar power with cryptocurrency. The more solar power you generate, the more Solareum you earn. And, since Solareum is built on the Ethereum blockchain, it can be traded or used to purchase goods and services like any other cryptocurrency.