Blockchain is a database technology that procedures and stores exchange information. Blockchain technology is acceptable at following and representing resources. An enormous piece of its allure is the security it gives. Individuals utilizing blockchain technology download a record, which is a record of the exchange of advantages. These "advantages" can vary contingent upon what industry you're discussing. For instance, the benefits can be Bitcoin in the cryptographic money advertise or sustainable power source credits in the vitality showcase.

One run of the mill application region for blockchain in vitality new companies is power exchanging and crediting. Intrigued organizations apply blockchain technology to execute and settle vitality exchanges on an appropriated or discount level. These exchanges, normally unbundled from the genuine vitality move, make a bookkeeping layer or virtual financial lattice.

Buyers can exchange among their own gadgets and assets, with their neighbors, and with the lattice. This idea. ongoing virtual vitality exchanging and could be computerized through smart contract . Smart contract are advanced understandings that self-execute when conditions are met.

GX Blocks Energy, is a blockchain vitality company with a target to acquire the venture field another half breed class of vitality/blockchain items. Utilizing disseminated record technology and organized with the reason to make the main open, sustainable power source support, which will give an easy revenue to the clients with profit from clean vitality plants, mining server farms and giving them casting a ballot rights for future blockchain/fintech venture speculations.

GXB Energy needs to upset the speculation business by giving open, straightforward and decentralized access to financial specialists comprehensively. Through the intensity of blockchain technology and decentralization, we can offer financial specialists direct access to beneficial, eco-accommodating activities without broad store duty and giving them access to potential vitality blockchain vitality highlights of the stage.

The Blockchain organize is at present assessed to devour in any event 130 Terawatts of power for each year. It is unambiguous that so as to help such systems of massive vitality request, we should turn towards modest and eco-accommodating methods of creation. Consequently, GX Blocks Energy intends to make an environment through which clients will access the new dispersed economy and its advantages, in an easy to use, straightforward and hazard unwilling way. GX's Blocks will probably lessen the natural effect of advanced resource mining, through sustainable power sources.

GX Blocks Energy works in Mining Data Centers for blockchain related exercises, for example, supporting the Bitcoin arrange. It is the main Greek startup with an expert group that is profoundly knowledgeable about mining and overseeing computerized resources, since 2014. At GX Blocks Energy, our customer's wellbeing will consistently start things out, and all that we do is guided by our qualities and expert morals.

GX Blocks Mission

To furnish clients with an across the board, easy to use, start to finish arrangement that encourages quick and simple access to blockchain systems and cryptographic money mining. Our offices are sponsored by sustainable power source resources, adding to make the perfect conditions for experienced and newcomer clients to get occupied with the DLT environment through a hazard opposed plan of action.

GX Blocks' Smart Bitcoin Mining Contracts offer you the chance to make an enhanced distribution computerized resource wallet, through which you can deal with your advanced resources. By consolidating savvy money related R3 Corda smart contract with the open ILP Protocol for the sheltered execution and robotization of trades and exchanges of the computerized resources.

The project that we will explore and participate in free coins today is related to the issue of cryptocurrency mining. The project, called GX Blocks, is a project that sells mining contracts to people, using smart mobile mining facilities to take advantage of cheap energy sources around the world. Profits to the owner of the mining contract.

The project has no record on the ICO websites, but according to a veteran member of the Bitcointalk forum, the project has raised a lot of money through the sale of BTC mining contracts, currently more than 600 contracts.



ISSUES THAT BLOCKS GX SETTLEMENT IN THE MARKET TO EXPLOITATION CRYPTO PRESENT:

+ Current crypto mining is hard to reach by most people because it requires a lot of investment in expensive machinery, equipment, and technology to own mining rigs;

+ Mining process consumes significant energy, BTC mining alone uses more energy than some countries;

+ The POW consensus protocol is still considered to be the safest and cannot be replaced, so the solution can only be towards the performance of mining;

+ Existing mining systems have not been optimized or have not been able to access clean and cheap energy sources in the world.

 SOME SOLUTIONS RECOMMENDED BY GX BLOCKS:

+ Developing mining technology in heat dissipation for the rig, improving the efficiency of mining of cryptocurrencies, reducing energy consumption to 15%;

+ Mobile & decentralized, take advantage of cheap global energy sources;

+ Giving the ability to expand the systems with available hardware, good prices according to customer needs;

+ Providing a real-time direct monitoring platform for users to manage, with advanced features such as friendly control panel, smart contracts, integration with coin-selling exchanges, has multi-signature wallet, the ability to plan exploitation, payment by inter-ledger protocol.