GX Blocks Energy creates an ecosystem where users will have access to the new distributed economy, cryptocurrency and its benefits in a risk-averse way. Through the GX platform

Agustus 10, 2020

About

GX Blocks Energy creates an ecosystem where users will have access to the new distributed economy, cryptocurrency and its benefits in a risk-averse way. Through the GX platform, structured by a hybrid pool of Clean Energy Plants and our DLT Data Center, we can provide GX Contract holders with a more sustainable cryptocurrency mining payment schedule until the due date.

The GX Block Network continues to grow with the main date being World Environment Day, 2020, when the Contract Offering begins. What sets GX Blok Energi apart from other Bitcoin Mining Contract providers is that it also tackles the biggest mining issue, the lack of environmentally friendly cryptomining.

Blok GX prioritizes energy efficiency and sustainability, by managing power costs with long-term PPAs from Clean Energy Generation. Bitcoin mining is essential in securing the bitcoin network using distributed ledgers and solving mathematical problems to validate transactions between blockchain network participants. In addition, with a growth strategy, production and cooling costs are reduced to make GX Contracts more profitable.

The GX Block Contract is based on the Bitcoin Mining Computational Power of the Network Algorithm. Contract holders will receive 100% of mining revenue from GX Hashing Computing Power, which is owned and operated by GX Block. 100% of earnings will be paid monthly to the user's personal wallet.

Hydropower prices are on the decline, with the price of electricity generated by hydroelectric power reaching $ 0.055 / kWh in our first case of mining and expected to drop to $ 0.033 / kWh in the near future.

The price of this energy ($ 0.055 / kWh) is final for use by mining hardware, as the hardware will be located directly in the hydroelectric area, eliminating the need to pay for using the energy transmission grid. The prediction of the future development of the electricity market is very favorable for the GX Block business model and will thus contribute to the expected high returns from the GX Bitcoin Mining Contract.

By having a 0% maintenance fee using clean energy for the GX Contract, the contract holder will receive 100% of the total revenue on a monthly basis regardless of market signals and market price movements until the contract expires.

The conservative estimate of mining proceeds based on the purchase of the GX Block Contract is above 35% of the average competitor per year, which is possible because of our clean energy sources as well as our premium price at a reasonable risk, based on our energy efficiency advantage of mining.

Masternode Services

Over the last few years there has been an exponential increase in interest in the most advanced technology sector in the global economy: leded ledger technology (DLT). However, individuals and businesses do not have the technical skills necessary to interact with blockchain and its applications.

Blockchain The Energy Problem

The Blockchain network is currently estimated to consume at least 130 Terawatts of electricity per year. It is clear that in order to support such a large network of energy demand, we must turn to cheap and environmentally friendly production methods.

GX Block Solution

For that reason, GX Blocks Energy aims to create an ecosystem where users will get access to the new distributed economy and its benefits, in a way that is user-friendly, transparent and risk-averse. GX Blocks' goal is to reduce the environmental impact of mining digital assets, through renewable energy sources.

GX Block Mission

To provide customers with end-to-end, user-friendly, end-to-end solutions that facilitate fast and easy access to the blockchain network and cryptocurrency mining. Our facilities are supported by renewable energy assets, contributing to creating ideal conditions for new and experienced users to engage in the DLT ecosystem through a risk-free business model.

Flexible & Secure Bitcoin Mining

GX Blocks' Smart Bitcoin Mining Contracts give you the opportunity to create a multi-allocation digital asset wallet with which you can manage your digital assets. By combining the Smart Financial R3 Corda smart contract with the open ILP Protocol for secure execution and automation of digital asset exchanges and transactions.

GX Blocks Energy Hybrid Cloud Architecture is based on the most advanced Distributed Ledger Technology from the blockchain sector such as: Interledger Protocol, Ripple Ledger and R3 Corda.