Idea: decentralized energy company
https://ift.tt/hNbcWae
Let’s call it Decentralized Current (DC)
An energy company that mines bitcoin with all unused/would-be-wasted energy, that is owned by its customers and employees. An amount of $ is calculated at the beginning of every fiscal year for operating costs and profit needed for pre-determined (voted on by the shareholders/customers/employees) expansion. A pre-determined % (also voted on by shareholders – everyday people) of the bitcoin mined is sold monthly. As long as the profits from the sale exceed operating costs and the necessary amount for expansion, then the customers would not need to pay for their energy. **Free energy.** If that amount is not met on a particular month, then the cost of the energy would still be greatly offset. Truly fair distribution of energy to the people.
Also put this on my twitter: [https://twitter.com/bread55378008/status/1511104865379966985](https://twitter.com/bread55378008/status/1511104865379966985)
This was a shower idea so go easy on me lol. Just wanted to get it documented. I’m sure I’m not the first to think of this, and I’m sure there are a ton of flaws to the idea (which could be overcome of course).
Cryptocurrency
