Start-up from the heart of Berlin has pioneered decentralized mobile mining by combining blockchain with regenerative energy
November 20 2017 - 5:20AM
ADVFN Crypto NewsWire
Start-up from the heart of Berlin has pioneered
decentralized mobile mining by combining blockchain with
regenerative energy
Baar, Switzerland -- November 20, 2017 -- ADVFN
Crypto NewsWire -- Envion AG has created a technology
for the rst truly mobile data-center that uses low-priced local
energy to mine a broad spectrum of cryptocurrencies (Bitcoin,
Ethereum, etc.). By harvesting locally available clean energy right
at the source, envion can operate at lower costs than competitors
and at the same time reduces the CO2 footprint of the blockchain
industry. Envion aims at decentralizing the highly-concentrated
mining market (China holds 80% in Bitcoin mining) and at bringing
control of the market back to the users. That’s why envion gives
100% of its mining prots back to its community.
Current challenges in the energy and blockchain
industries
The blockchain industry is suffering from an ever-increasing
energy demand. This can mainly be explained by the fact that
transactions take up high amounts of mostly fossil energy. At the
same time, Envion sees an ever-increasing production of clean
regenerative energy, which frequently gets lost due to maxed out
energy grids. This results in locally available excess energy, as
solar power plants produce overcapacities. These overcapacities can
now efciently be used by envion’s innovative mobile mining
units.
Envion’s solutions
Envion has developed fully automated (“industry 4.0”), mobile
mining units (MMU) inside standardized intermodal shipping
containers that can be shipped to virtually any location in the
world within days or weeks, decentralizing the blockchain
infrastructure. Envion mobile mining units are designed and built
to operate at remote locations near energy sources such as solar
plants, wind turbines or hydropower plants. This allows envion to
make use of energy overcapacities in a protable setting. The
mobility of the MMU furthermore allows for targeted placement of
the units at sites requiring thermal energy and can be used for
heating. This way, envion recycles energy consumed in the MMU for
external heating purposes in buildings or greenhouses and achieves
revolutionarily low electricity prices.Envion’s MMUs can be
integrated into a smart grid and exibly move energy demand closer
to energy supply and hence, take the burden off the grid.
Investment opportunities
Envion’s ambitious goal is to have the lowest cost structure in
the blockchain mining industry. By combining GPU-based mining with
ASIC mining, investors in EVN tokens receive a 161% ROI after
administrative deductions, according to envion’s whitepaper. Its
unique position as the only truly mobile mining operation combined
with a tested, optimized and streamlined technology puts them among
the top players, even in this highly competitive market - but with
considerably lower risks involved. The key aspect here is that,
following a community-approach, 100% of mining prots will directly
go to the EVN token holder community. 75% of this will be
distributed to token holders on a weekly basis, the remaining 25%
will be re-invested in MMUs to keep on growing the prots for the
community. The pioneering company does not stop here, however, they
construct and operate mobile mining units for third party
operations as well. This means that third party investors acquire
envion hardware, while 35% of these prots go directly to EVN token
holders.Altogether this looks like the best way to invest into the
high dividend blockchain industry and at the same time minimize
risks as envion is not dependent on a single market player.
The investment period (ICO) starts Dec. 1st, 2017. Visit
www.envion.org for more information.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Aug 2024 to Sep 2024
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Sep 2023 to Sep 2024