Tlsgroup

New technologies open up new opportunities for us. However, nothing is given for free. Then what should we pay for them?

Blockchain technology appeared not yesterday: the first work on a cryptographically secure block chain was described in 1991 by Stuart Haber and W. Scott Stornetta. However, only in 2017, against the background of the explosion in the popularity of cryptocurrencies, it became clear what energy capacity is required for the operation of the blockchain. Distributed database technology itself can be used in a variety of areas, but it is cryptocurrencies that have discovered its true potential. The first application of the blockchain in 2008 was bitcoin, which today remains the most expensive and most energy-consuming currency.

Skeptics argue that bitcoin is a bubble, and its economy is not supported by anything. But if we take into account the energy costs to ensure the mining of this currency, then we will have a completely different picture. Mining should be understood here in the broadest sense: it is not only the direct production of new coins, but also the verification of all transactions in the network by checking the old and forming new blocks — that is, operations that produce all members of the network, located in all parts of the world.

In February 2017, Bloomberg ranked the countries in which it is most profitable to engage in cryptocurrency mining, taking into account such determining factors as the cost of electricity, ease of doing business, the availability of renewable resources, average Internet speed and average annual air temperature. According to various indicators, different countries were in the top, but the undisputed leaders were Canada, China, Switzerland and Iceland with 100% renewable resources and the cheapest electricity (about $35 per mW).

However, according to analysts cited by the Digiconomist resource, bitcoin and Ethereum taken together consume more energy than countries such as Jordan, Iceland and Syria. These calculations were published on July 7. At that time, Ethereum production consumed 4.69 TWh, and bitcoin production-14.54 TWh. Since then, these figures have only increased.

The computational process of cryptocurrency mining itself is energy intensive not only because of performance, but also because millions of processors around the world need to be cooled using even more power. Journalists at the New York Times estimated that each individual bitcoin transaction "currently requires 80,000 times more electricity to process than a Visa credit card transaction."

Even the Creator of the Ethereum cryptocurrency Vitalik Buterin expressed alarm at the climatic impact of the network, which he himself heads and develops.

"I personally would be very unhappy if my main contribution to the world was to add another year's electricity consumption to global warming," he told the New York Times.

Bitcoin already consumes 0.15% of the world's energy. In turn, environmental researcher from the University of Leiden Sebastian Detman suggested that if the bitcoin network continues to expand at this rate, then by 2020 it will consume more than 14 gigawatts of electricity, which is comparable to the energy consumption of the whole of Denmark. However, this can happen even faster, as the exponential growth of the network is provided by more work with each new block in accordance with the pow ("proof of work") Protocol.

And even if you return from the crypto-currency heavens to the earth and assess the human household needs for electricity, the picture will not become more rosy. According to a 2017 report by the energy information Association, global energy demand is projected to grow by 28% by 2040. To increase the world's electricity production by a quarter of the existing ones in two decades is a really difficult task. Worse, the International energy Agency estimates that in 2017, 17% of the World's population still has no access to electricity at all.

It would seem, what then is the danger of mining, if this energy will still be produced and spent? The main problem is that so far non-renewable energy resources are spent on mining, and its by-products pollute the environment with greenhouse gases. In this regard, companies actively implementing the use of "green" electricity in various spheres of life began to search for ideas and solutions for environmentally friendly cryptocurrency mining. And we already have several tools at our disposal to solve this problem.

The solution to this problem is to use a new project and technologies of this project TLS Group . CHEESE - technology to convert solar heat into electricity at honesty levels sterling CHEESE from our partner Si14 generates electricity from solar energy many times more efficiently than traditional Photovoltaic technology

TLS Group is a leading provider of cryptocurrency management and portfolio management solutions in the clean energy segment.
TLS Group leverages Green energy technology and Finance management algorithm to ensure users obtain steady flow of income with associated efficient services. In convectional cryptomining, a miner can only engage in mining activities when he /she utilizes huge amounts of electricity and purchase expensive computing hardware comprised of either a specialized graphical processing unit (GPU) or application specific integrated circuit (ASIC). This barrier is eradicated by TLS Group because miners can easily register on the platform, where he/she doesn't require ASIC or GPU to mine but rather the TLS Group platform is equipped with appropriate mechanisms that ensure users receive 40% passive income monthly. Utilizing Green energy technology replaces the traditional use of electricity for mining, hence mining is more efficient, reliable and stable for users.

Security of transactions, data and assets is not a problem thanks to the implemented advanced security system within the platform that protects against hackers and cyber criminals. The native token of the company is of ERC20 standard, built on Ethereum Blockchain where ownership of TLS Group security token ensures that investors or users gain rights to the company dividends and promptly he/she receives 40% income daily to their respective smart contract.

I think this is a great project for the future. Modern technologies will be in demand. This means that the token will be in price. And so I think now is the time to buy TLS Token . While the price is not high https://tlsgroup.io/en/home .

Get more details by using the links:

Website: https://tlsgroup.io/en/home

Whitepaper: https://drive.google.com/file/d/14TNLJNCi692T82mNXBlaooyB7KTtI6Qz/view

Facebook: https://www.facebook.com/tlstoken/

Twitter: https://twitter.com/TLSGroup1

Instagram: https://www.instagram.com/tls_group_llc/

Telegram: https://t.me/tlstoken
vovanrogov

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