It’s so fascinating to looking at Envion project, the platform introduces the first mobile mining units as the main concept. Envion has developed a Mobile Mining Unit system called MMUs. With the MMU, they can tap the electricity needed directly from the sources, such as hydro, solar, wind and fossil power plants in every corner of the world.
Envion (Envion AG) is a Swiss corporation headquartered in Zug, Switzerland, founded by Matthias Woestmann, already becomes an investor in renewable energies since 2000. He also has financed Berlin-based solar module producer, SOLON AG. In these Envion project, he want to connect the proliferation of renewable with the growing energy demands into cryptocurrency mining ecosystem.
The mobile mining units itself was based on standard intermodal containers, and also equipped with the mining hardware inside them. MMUs also included communication and industry automation feateures, remote control capabilities that able to break through cooling system. According to Envion, the platform will only makes up 1% of the system total energy consumption.
From what we seen in the platform design, Envion might trying to makes crypto mining ecosystem to be more flexible to carry on renewable energies. Since now, cryptocurrency mining ecosystem shown a dramatic increase in their energy consumption. Energy was the main problem in cryptocurrency mining ecosystem. Cryptomining ecosystem need a flexible renewable energy consumption to make the environment better.
If we trying to take a look at Bitcoin and Ethereum mining ecosystem, their energy consumption exploded to 19.2 TWh in 2017. While for most cases in electricity is, it quite different with other energy such as coal, oil or LNG, since they able to shipped around the world. Envion project sees the opportunity for cryptomining ecosystem. Electricity will be able to reach with their MMUs.
Envion platform will use three major technology, Decentralizedd MMUs, Unified Mining Cloud as the central hub, and Smart Energy Sourcing.
- Decentralized Mobile Units
MMU was designed to mobility cryptocurrency mining ecosystem, modularity, bring efficiency, maintainability with their Industry 4.0 automation processing, plug n mine to be easy in use, expandability, and cooling optimization. The cooling optimization here was need for determining its efficiency. Based on Envion whitepaper, they have created a large and high efficient cooling system so that able to running the hardware above 40 0C.
- Unified Mining Cloud
UMC will act as a central hub, manages the automated, decentralized MMUs unit worldwide. Envion UMC here will make the UMC unit to find the most optimal mining strategy depends on the crypto prices, mining difficulty, real time energy prices at current location, hardware characteristic, and also other mining factors.
- Smart Energy Sourcing (SES)
SES use to identified and securing location regarding on the low energy prices. SES will also become a database in a continuous process and cooperation with scientific institution for the renewable energy in Germany.
Envion Token Crowdsale Detail
Token Name: Envion token
Token Symbol: EVN
Token Base: Ethereum ERC20
Total Supply: 150,000,000 EVN
Crowdsale Start: December 15, 2017
Crowdsale End: January 14, 2018
Price: 1 EVN = 1 USD
Token Activation Date: January 15, 2018
Website – Whitepaper – Announcement
(User UID: ICO Magazine)