Hydro-Solar Mining Farms
The idea behind hydro-solar mining farms is to build power plants above rivers by maintaining the natural course of the stream. The water used to generate energy will parallelly cool the mining farms and will return back to nature. A complementary source of energy is the floating solar panels, laid across on the surface of the dam. More studies are being made on how to preserve the natural ecosystem of the rivers.
After powering the mining farms, the excess electricity will be then distributed to the power grid and the income will be shared to reward our holders and finance the foundation.
Elon Space plans to build a network of green mining farms all across Europe (starting from Sweden, Cyprus, Switzerland, and North Macedonia) and Japan.
Our goal is to produce 100 MW of power capacity by 2024.