Tag: NRG

The majority of cryptocurrencies today have a system of mining in place which rewards those running their graphics card or CPUs, or specialized mining hardware. This functions as inflation or could even be seen as a type of “tax” on the cryptocurrency. Bitcoin, alone, is “burning” over FIVE BILLIONdollars a year on mining. We see Bitcoin’s massive mining reward as an overkill, and believe Bitcoin could be about as secure with only a fraction of that mining reward (as seen by Bitcoin having great network security with no corresponding problems even when the market cap and mining reward was 1/10 as it is now). If Bitcoin had a similar system in place as Energi has, Bitcoin would currently have BILLIONS OF DOLLARS worth per year to allocate to development and growth. This is an enormous mi