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FutureEnergy

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The mining equipment will be placed in mobile modules designed on the basis of shipping containers. These modules are completely self-contained, with a system of forced ventilation which we developed on the “hot-cold aisle” principle which allows the hot air to be mixed with the cold air. This method allows us to achieve effective cooling, while maintaining the required temperature of the incoming air. The power of each module is up to 300 kW. Use of these mobile modules will allow Future Energy team to transfer mining equipment to the best energy source.

Future Energy company can situate any mining equipment working on the basis of ASIC or GPU.

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Overview

Project industryMining
Product typeTechnology

What is FutureEnergy

Introduction

The “ASIC revolution” in the technology used for bitcoin-mining is about to come to an end. ASIC’s chip format for mining is coming close to the nanometre limit of Moore’s Law. For this reason, substantial future growth in the production of the chips is impossible. This results in the commoditization of chips, meaning they become simple commodities in the eyes of the market or consumers and suddenly drop in value. This will result in manufacturers being forced to concentrate on mass production in order to profit from volumes, rather than utilising technological advances. Due to the race to develop the most up-to-date technology, the bitcoin mining industry will transition to a state of overproduction of equipment. The determinant factor of production will be electricity, rather than the efficiency of the equipment.

The purpose of the Future Energy project

Cryptocurrency mining has begun taking on new forms. Notions such as ‘home mining’ are disappearing and are being replaced with high-performance data centres which consume enormous amount of energy resources. This becomes a real problem for many governments and states, resulting in heavy regulation of energy consumption. In turn, this negatively affects the efficiency of cryptocurrency mining. In the near future, this trend is likely to continue. Every day the profitability of cryptocurrency mining equipment declines due to the ever-growing complexity of the network.

The Future Energy Project was created to solve this problem. We will optimize mining costs through construction or purchase of non-traditional sources of electric power generated by renewable energy sources and nuclear energy. Controlling energy cost is the single best way to ensure profitability due to the complex, unpredictable and ever changing nature of cryptocurrency.

Not all countries can use the most common sources of renewable energy, such as solar panels and wind generators, due to the geographic and climatic features of each region. The Future energy project resolves this problem by applying non-standard solutions. By generating our own energy, the operational cost is zero. Our projects are protected by 49 patents, most of which are implemented in practice.

The mining equipment will be placed in mobile modules designed on the basis of shipping containers. These modules are completely self-contained, with a system of forced ventilation which we developed on the “hot-cold aisle” principle which allows the hot air to be mixed with the cold air. This method allows us to achieve effective cooling, while maintaining the required temperature of the incoming air. The power of each module is up to 300 kW. Use of these mobile modules will allow us to transfer mining equipment to the best energy source available with ease.

Our company can situate any mining equipment working on the basis of ASIC or GPU. During our time and experience in the mining industry, we have gathered highly qualified experts specialising in the repair and installation of various types of equipment, which makes it possible to eliminate the issues that arise in the 24/7 operation mode of the miners.

We have developed a software and hardware system to monitor the operation of mining equipment. This includes monitoring over 20 system indicators such as temperature and ventilation and power supply parameters to ensure maximum efficiency.

The goals of the Future Energy Project

  • Reduction of electricity costs to zero.
  • Independence from central networks.
  • Utilizing non-standard generation with an operational component equal to zero.
  • Unique capacity for implementation of the project in countries with a lack of electricity or its high cost.
  • The Future Energy Project will expand the opportunities of miners around the world. Our operation energy costs are at zero, thus giving a second life to energy-inefficient mining equipment.

    Our solutions

    ENERGY INSTALLATIONS BASED ON Greenhouse gases.

    1. Landfill gas. Landfill gas is a product of natural decomposition of solid domestic and industrial waste. A person cannot live without leaving solid household waste (SHW). On average, it is considered that 250kg of garbage accumulates per inhabitant per year.

    Production and consumption wastes actually take second place in environmental pollution after accidents in oil pipelines. Collection, neutralisation, extraction and disposal of waste is an actual problem.

    The rapid increase in consumption in recent deca des throughout the world has led to a significant increase in the volume of solid household waste. Currently, the mass of the solid waste stream that enters the biosphere annually reaches almost a geological scale and is about 400 million tons per year. The effect of the SHW stream has an acute effect on the global geochemical cycles of a number of biophilic elements, in particular organic carbon. Thus, the mass of this element entering the environment with waste amounts to approximately 85 million tons per year, while the total natural carbon influx into pedosphere of the planet is only 41.4 million tons per year. One of the main ways to remove solid waste is through burial, where the waste is subjected to intensive biochemical decomposition, which causes the generation of biogas, called landfill gas (LG).

    Based on the increase in the volume of SHW generation in developing countries, a forecast was made that in the next century landfills will be the main global source of methane.

    Landfill gas is a strong greenhouse gas, which has a significant impact on the changing climatic conditions on the planet. Its share is 11% in the total number of sources of greenhouse gases, ranking third in the world.

    It can be argued that, on average, gas generation does not end in a landfill body for up to 50 years, with a specific gas yield of 120-200 cubic meters per ton of solid waste.

    A full and detailed description of the initial data and methodologies for estimating greenhouse gas emissions is provided in the Global Mitigation of Non-CO2

    Negative impact of Landfill Gases

    The free distribution of LG in the environment causes a number of negative effects, both local and global, due to its specific properties. With the accumulation of LG, explosive and fire hazardous conditions can accumulate in buildings and structures located near solid waste disposal sites. Accumulation of LG in confined spaces is also dangerous from a toxicological point of view.

    There are quite a few cases of poisoning in the maintenance of buried engineering communications, which included fatalities. There is a high probability that the cause of the tragedy was the accumulation of LG, the source of which was old bulk soils. Landfill gas also has a disastrous effect on the vegetation cover.

    The free distribution of LG also leads to the contamination of the atmosphere of the adjacent areas, toxic and foul-smelling compounds. Also, LG is a greenhouse gas, which enhances the effect of climate change on Earth. The above list of negative phenomena caused by LGs convincingly demonstrates the need to combat its emissions. In most developed countries, there are specific laws that oblige owners of landfills to prevent the spontaneous spread of the landfill gases. The main method that provides the solution to this problem is the technology of extraction and utilization of LG.

    Using FGY Tokens

    1. Buyers of tokens have the right to ownership for an unlimited amount of time.

    2. Token holders may exchange tokens for lease of electric power for a period of 40 years with an operating component of 0c. Concurrently, the rent for 40 years 1 W/h will be 1 FGY tokens.

    3. Ecomining.

    4. Payment for installation of mining farms (colocation) 1FGY=1000W/month.

    5. The tokens can be used as a means of payment for the development of electricity supply technologies on alternative energy sources in specific climatic and geographical conditions at the request of the customer.

    6. Payment by FGY tokens purchase license for the use of our patents.

    Details

    Pre-sales: Nov 01, 2018 - Dec 31, 2018
    Public sales: Jan 01, 2019 - Mar 31, 2019
    Soft cap: 12,500 ETH
    Hard cap: 50,000 ETH

    Legal

    Office address: Harju maakond, Tallinn, Mustamäe linnaosa, Laki tn 30, 12915

    Token info

    Ticker: FGY
    Type: Utility-token
    Token price in USD: 1FGY = 1 USD
    Accepted currencies: ETH
    Funds allocation:
    45% - Mining Modules
    47% - Power plant installations
    3% - Bounty Program
    5% - Marketing

    Social media

    FutureEnergy web-siteFutureEnergyYouTubeFutureEnergy TelegramFutureEnergy TwitterFutureEnergy Facebook

    User rating:

    5/5 ( 1 )
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