AU Government Subsidised Renewable Energy Electricity

Global research reveals that left unregulated; the amount of electricity consumed globally by Crypto Currency Mining operations will surge over the next three years, consuming more power than entire countries, by 2024.

At that time, the total electricity consumption of Crypto Miners will reach as high as 297 terawatt-hours annually if no measures are undertaken to curb energy use or emissions.

This will be more than the annual electricity consumption of Australia for example, which currently stands at around 265 terawatt-hours per year.

Using a simulated carbon emissions model, research led by Dabo Guan and Shouyang Wang; estimated that Crypto Mining will be responsible for 130 million tonnes of carbon emissions – higher than the emissions of countries like Qatar and the Czech Republic.

Obviously without severe regulatory controls being enforced, the growing energy demand of the mining of crypto currencies, would undermine global emissions reform efforts.

This scenario will obviously not be permitted to happen by global communities, and an alternative Energy Source approach will be necessary for licenced Crypto Mining to continue operations anywhere in the world.

Our Company [CMES] has a long history as an Innovative Energy Solutions pioneer, and manufacturer | designer | installer and maintainer of world best practice [carbon neutral] Hybrid On|Off Grid Power Supply and IT Solutions and Equipment, for energy intensive enterprises across all industrial sectors, including Crypto Currency Mining operations.

Lawrence Coomber 2021