The Digital Energy Currency (DEC) is issued by PermianChain Technologies as the flagship natural resource token (NRT). DEC is currently being utilized as a smart off-take agreement (SOTA) to enable peer-to-peer trading on a decentralized energy exchange for cryptocurrency miners to secure low-cost sustainable electricity from PermianChain’s energy pool. DEC unlocks liquidity to fund sustainable energy projects for low-cost power generation and carbon-neutral bitcoin mining. Members of the PermianChain Miner platform can access Mining Sites on energy projects that are listed on PermianChain.

Members of PermianChain Miner can stake DEC to earn sustainable power in the form of $DEC. The DEC holdings can then be utilized as energy credit to keep mining equipment running on power sites that are registered on the PermianChain. The DEC is simple to use for the crypto miners that need the energy, and simple to implement for the energy companies that have power capacity to offer.

DEC is currently funding the development of energy projects from natural gas that would otherwise have been wasted and/or stranded.

It offers two key benefits on the current situation: 1) It stops crypto activities competing with existing businesses and individuals for power, taking away the pressure on national grids. By removing the risk of blackouts, you reduce the risk of a government clampdown; and 2) It also reduces that impact that both the crypto and the oil and gas sectors have on the environment. By improving the way that crypto uses energy, you enhance perceptions of the sector and potentially attract more liquidity. Join us as we put an end to the rolling disaster that has the potential to smother the crypto economy’s myriad of potential enhancements.