Recently; I have read a news which is shocking for me. Bitcoin mining consumes electrics more than 159 countries (here is the new’s link). It is more than Nigeria’s consumptions, the country has around 180 milltion population. Also; it is more than Ireland’s consumptions, the country is location of many tech firms’ IT operation in the Europe. Approximately Bitcoin networks spend 29 terawatt hours (1 terawatt = 1 million megawatt) electric annually. Unfortunately; these huge energy necessity is mostly filled by mining facilities in China. Because there are cheaper electricity and these electric mainly produced from fossil resources. By the way; there are only 15 million Bitcoin users in the World as John Matonis, Founder Director of Bitcoin Foundation, said in Innovation Congress 2017 in Istanbul.
Just think for a minute; what will happen if bitcoin usage reach the maturity? It is not so far from now if looking at its exponantional growth. Moreover; there are more than ten coins having mining operations, like Etherium, Litecoin, ZCash, Waves and so on. It is obvious that the iceberg is there, we have to take a different take for this tremendous ship. Otherwise; it may brings irreversibly environmental hazards instead of freedom for our economic life.
From economical viewpoint; even though there are many serious environmental concerns, mining is shaping the future of IT infrastructure of the World. In other words; mining can not be prohibited. According to Powercompare report; estimating mining annual revenue is around 7.2 billion dollar where as its cost is around 1.5 billion dollar in 2017. And it has been growing very fast since 2013.
Matthias Woestmann who is Entrepreneur, investor & media professional. Founder & CEO of energy-focused investment holding. Co-financed €300M solar company, run a program about Renewable energies in Chili, this project was financed by many institutional player, such as World Bank, the German state bank KfW and the Canadian Climate Change Program. It’s budget was 300 million Euro. Matthias observed that there are many lost in renewable energy santral due to daily or seasonal fluctiations. Also; technological improvements decreases cost of renewable energies. He developed a vision combining the problem at renewable energy santrals and growing electricity need of crypto mining.
Now; Envion developed a mining unit which is a special container. It has plug-and-play satellite-ready units, an outdoor position on the vessel, and connection to standard board electricity. In other words; MMUs (mobile mining units) enable anyone to involve mining activites and give them a chance to earn money in a democratic and transparent way.
It is offering Envion coins priced from $0.7 to $1 based on sales round. It may be bought via Credit card, ETH or BTC wallets at https://www.envion.org/en/.
They give weekly payouts to coin holders which is %75 revenue of mining operations, the rest is investing business in the name of token holders, thus; coin owners will get revenue at growing amount.
Note: Envion has already raised 15 million USD in 24 hours. To catch early bid prices, there are last 24 hours.
To be updated, you may follow https://twitter.com/Envion_org or https://www.facebook.com/envion.org.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://medium.com/@hasanbasricenk/how-blockchain-met-renewable-energies-envion-story-fd1ca35b8401