About Solarcoin foundation

About company

SolarCoin is a currency for incentivizing 97,500 TWhs of global solar energy production over the next 40 years. 99% of the currency is distributed to Solar energy generators providing a proof of work. Coins are distributed to generators at the rate of 1MWh per 1 SLR SolarCoin. Distribution also occurs using traditional alt coining mining techniques and via distribution through environmental groups. SolarCoin is designed to be 50x more carbon efficient than bitcoin.