Envion (EVN)

What is Envion

When cryptomining was still in its infancy, it was well distributed among a couple of thousand private miners, governed by transparent rules and not harmful to the climate because its energy requirements were microscopic. All that has changed: the exponential growth of cryptocurrencies has led to a dramatic increase in the sector’s energy consumption and a concentration of mining activities in countries with low social and environmental standards - where electricity is produced using predominantly fossil fuels. Even worse, the concentration of mining power in the hands of a couple of large corporations is distorting the formerly democratic decision-making process in these networks: changes in protocols and hard forks are in danger of being influenced by the economic interests of a few.

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.

OUR VISION

We believe that system innovation is imperative in order for cryptocurrencies to gain mass acceptance. We believe that future mining operations need to be decentralized to reduce their dependency on regulations from single governments, powerful individuals, and fossil or nuclear energy.

Future crypto-mining operations need to reduce the systemic risks that result from being bound to certain coins or mining pools. Thus, envion strives to hand the decisive power back to the crypto-community. It must be possible for individuals to take part in crypto-mining without tremendous investments in hardware and technology. Besides broad ownership of mining operations, envion strives to involve the community in making decisions about key mining decisions. We therefore strive to reduce the hurdles for larger audiences to take part in the crypto-community.

By offering anyone the ability to take part in securing the future of the blockchain technology, envion is laying the foundation for the future of crypto mining by designing highly mobile low-maintenance mining units and by offering our community the right to vote for mining locations and for coin choices.

OUR APPROACH

The technology that envion has developed represents the next generation of data centers — modular, mobile, flexible, low-maintenance, data-driven and therefore designed for the challenges of the future.

Our flexibility strategy is based on three technologies:

Together, MMUs, UMC and SES build a complementary system: SES software helps us to identify the most efficient renewable energy sources around the globe, while the MMU technology allows us to direct computing power to exactly these spots in order to build a decentralized and robust system that turns geographical flexibility into global cost leadership.

The global cost leadership of envion relies on an exceptional data-based capability: with the help of SES we don’t just identify attractive energy environments by country. We zoom into the micro level to find the most efficient grid locations - directly at a transformer, a wind farm or a PV park. Furthermore, we know exactly whether the jurisdiction allows this on-site approach to avoid grid fees, levies and taxes on energy transportation. This surgical precision exploits the imbalances of the existing energy system.