2020 - 2021 Best Cryptocurrency News Investment Guide

DAO, it is a redemption journey for mining machine energy.
2017-06-29 10:37:59 Primitive Reading

 As Bitcoin has gained widespread recognition around the world, the "value" it represents has also increased. Sometimes, one Bitcoin can be exchanged for about $2,500 in cash, which has attracted more and more individuals and teams to spend a lot of resources to "mine" this "digital gold". 
 
The process can be simple likened to gold mining, with many bitcoin "miners" or "mines" mining all year round through cryptocurrency mining machines to continuously acquire bitcoin wealth. 
 
Behind this wealth code, the power consumption of bitcoin mining machines is staggering. According to an index of bitcoin power consumption published by researchers in Cambridge, if bitcoin were a country, it would rank among the top 40 in terms of electricity consumption, which is beyond people's imagination. Unless the BTC price falls significantly, electricity consumption will continue to grow. 
 
Recently, a decentralized autonomous organization called DAO went viral online, which attracted the attention of many celebrities in the Internet and block chain industry.The DAO is an autonomous community organization founded by a group of geeks based on their vision of web3.0 who focuses on solving the problem that the Internet oligopoly monopolizes industry resources and mining machine energy recycling, in order to reduce global carbon emissions. People in the real world can enter the world of Web3.0 through DAO, which will strive to create a circular economy system unique in the world and a decentralized virtual world that always runs continuously.
 
As the popularity of the DAO spread, more and more talented people participated in the event dedicated to mining machine energy solutions and joined the DAO during that time.The DAO will be a new star in the concept of decentralized autonomous organization( DAO) in 2018.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. MYTOKEN assumes no responsibility for any errors contained herein.

Recommended reading
The world's first DAO-based ecological matching and trading platform, Space DAO, will be launched on major application platforms soon

10-22     Amazon Finance     10821 Reading

OK DAO Starts A New Journey Of DAO Community Development

10-22     Amazon Finance     6933 Reading

DELTA2.0 DAO Governance Incubation Ecology Built on DeFi Financial Ecology

10-22     Amazon Finance     8791 Reading

Redruby DAO charity traceability drives the public interest openly and transparently, and every good heart on the chain

10-22     Amazon Finance     8126 Reading

The original team of Dogecoin created a NFT project & DAO, and proposal of rewarding is live

10-22     Amazon Finance     6475 Reading

Looking for DAO journey, DAOLauncher takes you to enjoy the charm of DAO autonomy

10-22     Amazon Finance     11749 Reading

META X DAOMore Supporters, More Pure Spirit of Blockchain, Accept the Birth of META X DAO from Community Donations!

10-22     Amazon Finance     9372 Reading

YGG joins hands with FTN-LEA to build a global chain tour guild (DAO) system and create a global chain tour guild benchmark!

10-22     Amazon Finance     12985 Reading

The City of Freedom is Opened, and the Free DAO Meta Universe Will Be the Key to Unlock

10-22     Amazon Finance     12689 Reading

Upcoming MakerDAO Developments And The Future of DeFI: Exclusive Interview With Gustav Arentoft

10-22     George Georgiev     8232 Reading

IDE Global Ecological Strategy Tour and IDE DAO·Los Angeles Community Offline Salon successfully concluded

10-22     Amazon Finance     12897 Reading

Entering the metaverse era, Free DAO creates a virtual world.

10-22     Amazon Finance     11868 Reading