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?