Envion has developed a system of Mobile Mining Units (MMUs) that can tap electricity directly at the source: at hydro, solar, wind and fossil power plants in every corner of the planet. Our MMUs are based on standard intermodal (sea) containers, equipped with mining hardware, communication and industry 4.0 automation features, remote control capabilities and a break-through cooling system that only makes up ~1% of the system‘s total energy consumption. Altogether it’s a high-tech solution that can be seamlessly deployed globally and allows us to use the cleanest and cheapest energy mix wherever it is available.
The flexibility of the MMU system helps us to fuse two of the most important sectors of the 21st century : blockchain technology and renewable energies. Using the dynamics of exponential growth for both, we promote climate preservation and the welfare of our token holders. It is the physical incarnation of the blockchain spirit : a robust and decentralized system that can withstand disruptions in government policies, price structures and the energy supply.
The solution envion provides has all the necessary competitive advantages, follows a decentralized approach and provides voting rights for an experience that has been under pressure from the concentration of mining power.
Basically what Envion are planning to do is change the face of how cryptocurrencies like Bitcoin are mined.
If you are familiar with mining, you will know that it is very energy-intensive. It requires large rooms filled with masses of computer hardware that use up a lot of electricity as well as needing to be cooled, which requires additional energy.
A large proportion of mining farms are concentrated in China and Russia and are based on fossil fuel energy, the pollution from which is harmful to the environment and human health.
At the same time, something has been going on in energy markets that has surprised a lot of people. The cost of renewable energy – particularly solar energy – has been plummeting in recent years, putting it on a par or even cheaper than fossil fuel energy in some parts of the world.
Unfortunately though, in some particularly sunny places there are actually over-capacities of electricity – where more is produced than is needed locally.
So in places like California, they have to pay neighbouring states to take their excess electricity at times so it doesn’t overload their grid.
In other places excess electricity is effectively lost and in some areas such as remote parts of India, solar plants are not even connected to the grid because of low local energy demand.
Envion intend to take these two different factors – the centralised nature of mining in Russia and China and the plummeting costs of renewable power – and disrupt them with a revolutionary new approach.
What Envion plan to do is place mobile mining units (MMUs) right next to renewable energy plants like solar and wind farms.
In this way, they can take advantage of the very low energy costs and over-capacities of these plants and use the electricity to power their mining units. It is also beneficial to the owners of the renewable energy plants, because they will get paid for their electricity that would otherwise be wasted or sold for close to nothing. So in this way it will help make renewable energy plants more viable.
The plan is for Envion to have hundreds – and even thousands – of these Mobile Mining Units stationed around the world at places where there is plentiful, cheap electricity.
Therefore they will help to decentralise mining once again as well as having a business that is scalable, flexible and hopefully very profitable.
The ICO commenced on 15th December and finishes on 14th January 2018 (or until all the 150 million tokens are sold, if that comes earlier).
They state that 91% of the proceeds from the token sale will go to the production and deployment of MMUs and 9% will go to research and development and administration.
The Envion Tokens (EVN) are priced as follows during the ICO:
A new player in the blockchain business — the Swiss-based startup Envion AG — has introduced a new way of mining that has the potential to outperform any other mining operation in terms of mobility and, as a result, profitability.
Envion is an innovative Swiss-based blockchain startup from Berlin, Germany, that delivers smart, scalable off-grid solutions to maximize the value of renewable and traditional energy worldwide. With strong ties to many leading energy companies in Europe and the Middle East, Envion enables energy producers to succeed in creating a sustainable advantage through downstream vertical integration.
To expand the value chain of energy producers, Envion has created a smart global network of satellite-connected modular crypto-mining units that transform energy into crypto-assets right at the source.
EVN hopes to set up its patent pending (Germany:102017125540.0) Modular Mining Units (MMUs) where renewable energy is cheap and in over production. By doing so they can benefit from cheap energy and feel good about limiting a carbon footprint at the same time while making money for themselves and token holders.
How it will work is 1 December EVN begins a pre-sale of tokens for 48 hours at a discounted price of $0.70 per token. Investors are limited to US and Swiss citizens and will be subject to applicable laws of the respective nations. After the 48 hour pre-sale tokens then move up a set schedule reaching $1/token at full price before listing on cryptocoin exchanges.
YOU MAY READ ENVION WHITE PAPER HERE
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