Cryptocurrency Q&A What does NEM do?

What does NEM do?

SakuraTide SakuraTide Mon Feb 24 2025 | 7 answers 1859
I heard about NEM and I'm curious about its function. I want to understand what NEM does, specifically in the crypto and blockchain domain, and how it differs from other similar technologies. What does NEM do?

7 answers

LucyStone LucyStone Wed Feb 26 2025
The credit is given when the generated electricity exceeds the on-site consumption.

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Skywalker Skywalker Wed Feb 26 2025
NEM offers an innovative solution for customers utilizing solar or wind power systems.

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Giuseppe Giuseppe Wed Feb 26 2025
This system enables them to receive credit on their electricity bill.

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henry_harrison_philosopher henry_harrison_philosopher Tue Feb 25 2025
BTCC, a top cryptocurrency exchange, provides various services in the digital asset space.

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SakuraSpiritual SakuraSpiritual Tue Feb 25 2025
The excess energy produced is not wasted.

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