The renewable energy industry has grown tenfold over the last few decades. As components to solar panels have become increasingly less expensive, the cost of implementing solar energy becomes far more financially reasonable. Furthermore, we’re seeing exciting expansions of battery technology which will allow us to store the valuable energy for longer periods of time, for example, while the sun is down and the system still needs to generate usable energy. With these two trends going along well for the last decade, the overall cost of implementing solar energy has become far more attainable for the average business and consumer.

Solar power has taken off in the last few years with companies such as SolarCity moving into the retail, direct to the consumer market for solar systems. Much of the costs of these systems rests upon the initial installation costs. As the components to solar panels have fallen greatly in costs, so has these initial costs. Even with the cost savings of the industry becoming a reality through an economy of scale, many still need to finance the installation of solar panels and equipment. With this in mind, VenusEnergy wants to bring a solution to the market in which the average consumer can participate in the mining of cryptocurrencies through renewable energy. Through their renewable energy facility and mining operations, the team will be able to accomplish this with the third aspect of the project’s pillar known as VenusEnergy token. Let’s take a closer look at solar energy and then the VenusEnergy vision for renewable energy mining.

Solar Energy Overview

Solar energy has been steadily falling in costs as components become cheaper to create such as the solar panels, transportation, and storage equipment. This has led to the overall technology of solar power to become far more viable as a solution for powering our digital world today. Though the industry still has a long way to go before it can handle all of the world’s energy consumption needs, it’s a positive sign to see the technology drop so dramatically in price over the last twenty years. As the technology continues to drop in price, it will only increase its adoption around the globe. Furthermore, the necessary investment to start implementing solar energy to power your energy consumption needs has never been more affordable or with as much industry infrastructure to assist with your solar installation than today. Providing even more reason for the cryptocurrency industry to start generating its power in a more responsible and renewable manner.

Renewable Energy Powered Blockchain Mining

All and all with these positive renewable energy industry trends, VenusEnergy believes it’s about time for the cryptocurrency space to adopt this responsible solution. Basically, the team believes that the cryptocurrency industry should operate off renewable energy. Finally, individuals will be able to get in on the blockchain mining-powered through renewable energy through the purchase of VenusEnergy tokens. This will open responsible, renewable energy powered, and hopefully the future of blockchain mining to the average consumer.