2. Generating revenue from surplus solar power using cryptocurrency
Blockchain Solutions
Bitcoin, not batteries
Generating revenue from surplus solar power using cryptocurrency

3. 1

4. We have very few feed-in-tariffs2
Where we do, they are low

5. 3 What if we could convert sunlight directly into money?
We can currently mine cryptocurrency to produce R1.30 per kWh

6. Who has Bitcoin?

7. 5KRG4LsAPvgpGAQhjh3DTVSQM6CZkjo2JaaxfAw23hCVpHcfotc
~0.004 bitcoin
R250 in 2011 would be worth just over R1 million now
5KRG4LsAPvgpGAQhjh3DTVSQM6CZkjo2JaaxfAw23hCVpHcfotc

9. Tough to move around the island or spend

10. Every adult Yapese knew who owned which coins

11. Risk of this person dying, requires trust

12. Distributed ledger
Consensus mechanism

15. 5000 Googles

17. Residential weekday
Consumption
Solar production

18. Office weekend
Solar production
Consumption

19. $