GREENTOKEN - Mining Farm with Free Electricity
Tameinstein![](https://steemitimages.com/0x0/https://cdn-images-1.medium.com/max/800/1*GbogHPqYU5NVJO5BxEC9sg.png)
Mining is a simple business carried out all over the world in by hundreds of thousands of people in thousands of companies. However mining farms are not distributed evenly in the world due to the varying cost of electricity in different countries.
It is important to have a safe environment before, during and after mining. We all desire an environment that is safe and because of this reason we have existing waste management programs and activities.
Problems of Waste in the 21st Century
As time has gone by, an American study carried out on the August 21st, 2010 discovered safe storage of waste on the planet Earth has become an impossibility.
About 5 billion tons of garbage are dumped to landfill and 80% of the waste contain materials high in calorie that produce combustible gases when they are decomposed, examples are plastics, textiles, paper and wood. Plastics have been known to be difficult to decompose, yet they are very essential and highly used in this century.
Statistics shows that 500 thousand sea animals and 2 million birds are killed annually by plastics and this affects the human body when the consumed.
Wastes are also utilized, but there are also some problems encountered.
Problems Associated with Waste Utilization
Wastes are recycled with the aim of making it useful again in various forms, this dates back to 1874 when the first attempt to extract energy from waste was done. This led to the invention of the steam engine.
Presently, there are two ways many countries recycle garbage, they are:
- Incineration
- Burial
Incineration
The incineration process uses up to 95% of the waste dumped but the waste are not sorted out. This means that wastes such as batteries and light bulbs also get burned and when this happens, poisonous gases and chemicals are released into the atmosphere. This puts people living around incinerators at health risks.
Incinerators adopt WTE (Waste To Energy) but the sale of electricity is not profitable in countries like Russia, Ukraine and others that have cheap electricity. Not many countries sort out their garbage and this is a problem.
Burial
This is the most common and oldest form and it has been in existence for more than 3 million years. This method is useless to polymers and plastic products because it takes 1000 years for such products to decompose and they release toxic substances to the environment, starting from the ground water, to the soil and eventually to the air.
GREENTOKEN
Greentoken brings a large-scale project that is environmentally friendly and it offers its token holders lifetime earnings from mining. Participants are offered protection from the routine work on mining farm, this is a mining farm with lifetime free green electricity that is gotten from the innovative garbage processing.
Cryptocurrency would be mined on the farm to the owners and token distribution would be made transparent through the use of the Ethereum Smart contract. In order to minimize transaction cost, withdrawal would be done once a month.
Maintenance and Safety
Uninterrupted operation is guaranteed by partnering with LORDCOM Company which has a reputation for installing and maintaining industrial farms. Participants do not need to be concerned about operations and security as that would be taken care of.
Processing Technology
![](https://greentoken.in/img/react.jpeg)
The factory would be built using the German Technology of a high-temperature pyrolysis reactor. Some things to note about this reactor are, synthetic gas consumed for maintenance temperature is more than 12% of the produced gas.
There is continuous loading, works 8000hours/year which would result in (5MW/hr)
Each reactor possesses a power reserve of additional 20% electricity.
Reactors are not explosive as they operate with atmospheric pressure without producing excessive pressure.
GTN TOKEN
The placement of GTN token is done on the Ethereum blockhouse platform. GTN token holders are also the co-owners of all equipment that would be bought after the token sale and they would be entitled to have certain amount of the cryptocurrency funds obtained. The GTN tokens can be stored by their owners or exchanged for fiat currency.
Partner
![](https://greentoken.in/img/part1.jpg)
![](https://greentoken.in/img/part2.jpg)
![](https://greentoken.in/img/part3.jpg)
![](https://greentoken.in/img/part4.jpg)
CONCLUSION
GreenToken is using green technology to make the world a better place for everyone. It is providing an ecosystem we can all be proud of with its innovative waste processing plant. By participating in Green Token, we can have a beautiful and harm free environment together.
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