This document proposes a hypothetical concept called Tesla Solar Coin, which would be a digital currency created and distributed based on the amount of solar energy produced by Tesla solar panel owners. These solar panel owners would act as "solar miners", receiving SolarCredits that could be redeemed with Tesla or traded on cryptocurrency exchanges. The goal is to incentivize renewable energy production, accelerate Tesla's clean energy ecosystem, and pioneer an environmentally-friendly global currency. Key aspects discussed include how solar mining would work via a blockchain network, its benefits over traditional mining, and its potential implementation across Tesla's existing solar panel installations.
2. Disclaimer
This is a hypothetical concept for discussion purposes
only. Neither the Technoking of Tesla, Tesla’s Coin
Master, or, Tesla representatives had any input in the
making of this document.
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6. The world’s current path
is unwise and unstable*
Annual global CO2 emissions continue to
increase and have approximately doubled
over the past 50 years.
*Tesla Impact Report
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9. Turn solar panel owners
into Solar Miners
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Tesla Solar Coin minted
based on solar energy
produced
Solar Credits
Creating a sustainable digital currency to complement
Tesla’s existing clean energy ecosystem
solar panels mine sunlight
10. Solar Mining
Panel Network Details
Solar Credits
data from
global energy
mined is stored
on Tesla
servers
solar miners receive
energy from sun
network rewards miner
in SolarCredits
network validates energy intake and mints SolarCredits
based on % contribution to global mined sunlight
kWh data transfer
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SolarCredit transfer
11. SolarCredits
Solar Mining
Blockchain Network Details
SolarCredits can be spent
at Tesla, or other retailers
that accept the currency.
tokens minted
Tesla Solar Coin
trades on crypto
exchange, or can be
withdrawn to digital
wallet
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SolarCredits are minted at the end of each day
based on % of total contribution to solar mining
network. Tokens are then sent to Tesla’s digital
wallet, or the miner’s preferred crypto exchange.
13. Bitcoin Mining vs Solar
Mining
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Bitcoin Mining consumes
approx. 78 TWhs per year
Solar Mining produces
approx. 16 TWhs per year
Receives work from
network
Receives sunlight from
network
Only one Bitcoin Miner
receives the award
All solar panel owners get
a portion of the award
Proof of Work Proof of Solar
15. Benefit to Tesla, panel
owners, and the planet
Incentivizes people to own Tesla solar panels, growing
Tesla’s ecosystem
Rewards people for producing clean energy, while
accelerating Tesla’s mission
Pioneer a currency that can be adopted by countries
around the globe
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16. Implement across Tesla’s existing
solar panel network for immediate
currency adoption
paving the way for a new global currency
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19. Solar Squad
Financial Industry
Innovator
Donna Nairi
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Crypto Currency
Innovator
Christopher Cruttenden
Jr.
*Technoking of Tesla -
hypothetically involved
Elon Musk*
+ a team of world renowned crypto experts