Mining with Solar Power and Plouton Mining

Sign up for our newsletter at https://Evolvement.io.

Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world.

In this episode, I sat down Ramak J. Sedigh of Plouton Mining to talk about mining cryptocurrency in the Mojave Desert. The proposed setup is 10-12 MW in size and will be use to power a mining facility during the day and at night the miners will use grid electricity. Working with local government Plouton estimates the cost for planned setup to be $10-$12 million dollars.

Learn more at www.ploutongroup.com/ploutonbitcoinmining/site/index.html

Thank you to Ramak for his time. Thank you to our sponsors CasperLabs! And thank you to all our listeners! You guys help make this possible.

Timestamps

00:02:00

What’s the premise, how does it work?

00:03:30

How did this all begin?

00:07:21

Is this a solution for Proof of Work cryptos?

00:08:10

What coins will be mined?

00:08:30

What about other coins or tokens?

00:09:05

What is the competition doing?

00:10:10

What does the future look like?

00:11:00

What are the regulations for something like this?

00:12:30

Where can people find you?