Frequently Asked Questions
How do solar panels work?
PHOTOVOLTAIC (PV) SOLAR PANELS SUPPLIED BY GREENPOWER
Solar Photovoltaic (PV) modules are an integral part of the energy system because they are the element that create electricity from sunlight. Quality Solar Panels will generate electricity for 40+ years, and be able to withstanding extreme weather conditions, including hail, storms, extreme heat and cold. There are many types of panels of various quality and price, which offer differing degrees of performance, longevity, and reputation.
What is the minimum investment?
Minimum investment is $1,000
What does hashing mean?
The term "hashing" means how quickly your hardware is processing data from the Blockchain and solving the complex mathematical equations that are required to earn bitcoins.
What is a Bitcoin mining pool?
A mining pool is a group of miners who have shared their hashing resources to solve blocks together and the rewards are then distributed amongst the members.
Let's say Bob runs a Bitcoin mining farm with 1% of the Bitcoin network hash rate. His machines only find, on average, one out of every 100 blocks. Bob becomes impatient and wants more frequent payouts. He joins a mining pool with 20% of the network hash rate. Instead of getting paid on average once per 100 blocks, Bob now receives smaller but more frequent payouts every five blocks.
What are the best solar panels available?
DIFFERENT TYPES OF SOLAR PANELS AVAILABLE
Not all panels perform the same, and not all panels are priced equally. Quality solar panels from SunPower for example, will last 40+ years, while a cheap Tier 3 panel may only last 1-2 years, even though they come with a 25 year warranty. It is worth noting that solar panels are designed and engineered to survive and operate over 25+ years of extreme weather conditions, however, the competitive solar market has put enormous pressure on solar manufacturers to reduce costs, and in some cases, this results in cutting corners during the manufacturing process, by either dropping quality control standards, using lesser quality materials or even rebranding cheaper panels, hoping they will last the distance.
Reverse Current in Solar Panels
SOLAR PANELS REVERSE CURRENT ISSUES
Green Power operate a dedicated solar service and maintenance division, which often finds electrical faults in PV systems. In some circumstances, these electrical faults in solar panels lead to current being forced in the wrong direction through a string of PV modules. All solar PV panels are designed to withstand a certain degree of reverse current without damage occurring to the modules. For Q CELLS, this protection allows for up to 20A reverse current. For most other panels, this protection is only up to 15A.
What is Bitcoin mining?
Mining is the process of spending computing power to process transactions, secure the network, and keeps everyone in the system synchronized together. It can be perceived like the Bitcoin data center except that it has been designed to be fully decentralized with miners operating in all countries and no individual having control over the network.
This process is referred to as "mining" as an analogy to gold mining because it is also a temporary mechanism used to issue new bitcoins. Unlike gold mining, however, Bitcoin mining provides a reward in exchange for useful services required to operate a secure payment network. Mining will still be required after the last bitcoin is issued.
How can I deposit?
- Crypto Currencies
- Bank Wire
How do I withdraw?
In order to make a withdrawal:
- Sign In to your account
- Go to menu item "Balance - Withdrawal"
- Choose type of coins
- Enter amount
- Choose your wallet (or enter new wallet)
- Click on the withdraw button
- Check your email inbox, you will receive an email