Cryptocurrencies: 2628 / Markets: 20805 Market Cap: 24h Vol:

Description

Description


FRED is an altcoin for Alternative Energy. An increasing population and the industrialisation of emerging economies continue to have a huge impact on global energy demands. As the demand increases so does the wholesale price of energy which
ultimately falls to the consumer and is leading to an increase in fuel poverty.

Over the next few decades energy suppliers are forecast to move towards greener alternative energy sources, and while this is great news for the environment it will have little effect on the consumer at cost level. FREDEnergy believes that this cycle can be disrupted by reducing energy demand at the consumer level by use of alternative energy devices which are able to produce energy from renewable or free sources. The FRED project is aimed at bringing the possibilities and greater use of alternative energy devices to the mainstream.

Full Name FREDEnergy (FRED)
Start Date N/A
Algorithm CryptoNight
Proof Type PoW
Website http://fredenergy.org/
Twitter @energy_fred
Facebook N/A
Reddit N/A
Block Number 199451
Block Time 120
Block Reward 5925
Previous Total Coins Mined 1,867,031,173
Net Hashes Per Second 349,725.00 H/s
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer