What Is Energy Mining?

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Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Nothing like the discovery of electricity has had a more significant impact on modern life. Electricity powers homes, major means of transportation, personal devices, the internet, hospitals, factories and literally everything else. Virtually every sector relies on power.. Electricity is so essential to everyday life that a short outage is potent enough to disrupt normal activities with lingering effects even after normal supply returns.

The current electricity supply infrastructure around the globe is overstretched, overpriced, and unreliable. With the rate of outages on the rise over the last decade, the chance of continuous and likely failure is ever-present. However, the emergence of blockchain technology has created an opportunity to solve this problem by decentralizing existing electrical power systems for better access. 

A new project by AVATU addresses the problems facing the current global electricity supply infrastructure head-on, using blockchain technology to create an energy demand-response system with community members. As the community grows, Avatu's ecosystem will help provide a more reliable energy grid. 

Widespread use of cryptocurrency and blockchain technology has made 'mining' a popular concept. Energy mining is a unique process with utility that differs from straight up cryptocurrency mining. Energy mining allows individuals to store power from legacy supply stations and redistribute this power over a network, while earning tokens  to trade or swap them for profit.

The Avatu Energy Project uses the energy mining process to provide demand response, resiliency and renewable electricity to its network of users. Avatu