• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news today, price & technical analysis
Price & Market
Cap Data from
Nomics Logo
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Invest BTCTry
  • Join STC ICOBuy
No Result
View All Result
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • TradeeToro
  • Invest BTCTry
  • Join STC ICOBuy
No Result
View All Result
NewsBTC
No Result
View All Result
Price & Market
Cap Data from
Nomics Logo
Home Sponsored

Envion is Bringing Mining to the Source in Mobile Containers

newsbtc by newsbtc
3 years ago
in Sponsored
Reading Time: 3min read
envion
Advertisement

Energy costs vary so much across the globe that mining can either be super profitable, or a total waste of time. On top of that, the primary energy that is being used, especially when it comes to cheap energy, is dirty.

Moreso, there are issues when it comes to harvesting that electricity, and additional tariffs to pay for mining operations, cutting down already slim profit margins. Those who are also in the business already are almost re-centralizing the decentralized mining ecosystem.

However, Envion is aiming to change all that by taking mining operations to the source. By harvesting locally available clean energy right at the source, Envion hopes to be able to operate at a lower cost than other mining set ups, and at the same time reduce the CO2 footprint of the blockchain industry.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Cutting the carbon footprint

With the furore and excitement around cryptocurrencies at the moment, the ecosystem is expanding at a monstrous rate. This is great for the technology and its disruptive nature, in order to revolutionize the global sectors – but not great for the globe itself.

The Guardian has stated back in July that a single Bitcoin transaction “devours as much energy as what powers 1.57 US households for a day — roughly 5,000 times more energy-hungry than a typical credit card payment”.

If Blockchain technology and the digital tokens that come with them are to be accepted as normal, they need to start adhering to the green revolution that is sweeping the planet.

To this end, there are companies, such as Envion who are looking to make the mining of Cryptocurrencies a green operation.

Mobile mining units

Rather than stating that they will be using green energy and hoping that is the end of it, Envion is taking it a whole lot further. Envion has developed a fully automatized, mobile mining unit inside standardized intermodal shipping containers that can be shipped to any location in the world within days or weeks.

These containers are thus able to be set up alongside green energy sources, such as solar panel plants, and hydroelectric dams, and as such, they can utilize energy that is not only green, but also a lot cheaper.

Cutting the costs on all fronts

It makes huge sense logically for mining operations to be situated alongside green power sources. Not only does it allow help the power sources ship some of their excess energy, it also aids in the decentralization of the mining operation.

These mobile rigs can be profitable in any situation with the cost cutting methods, meaning there is no need to mine primarily in Russia or China any more.

Also, Envion developed a new, self-regulating cooling system, specifically for Blockchain mining, which is up to forty-times more energy-efficient and cost-effective than conventional, AC cooling units.

Envion further promotes environmental friendliness by recycling the energy produced from mining with the strategic placement of the mining units, close to objects and buildings that need heating, including warehouses and greenhouses. This enables them to reduce their energy costs even further.

An ICO with hardware

There are hundreds of ICOs that have nothing more than a whitepaper to their names, but with Envion, the mobile containers are already in operation, thus the EVN Token has some real world backing and value.

The EVN token will be on sale for 31 days from Dec. 1, 2017, with a max cap of 150 mln.

Once invested, token holders will have the right to dividends from the mining operations including 100 percent from proprietary mining operations (75 percent immediately and 25 percent reinvested to boost future payouts) and 35 percent from non-proprietary operations.

Finally, token holders will also get a say in company strategy by voting on decisions.

Tags: cryptocurrencyelectricityenergyminingRenewable
TweetShare
Nexo Logo
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner? Win up to $1,000,000 in One Spin at CryptoSlots
newsbtc

newsbtc

Related Posts

coinsbuy

How To Buy Bitcoin With a Credit Card in Coinsbuy

21 hours ago
uniqly

Uniqly.io, A Project that Streamlines the NFT Market

1 week ago
southampton

Southampton FC Sign Record Sponsorship Deal with Performance-based Bitcoin Bonuses

1 week ago
The 99 Unique Early Crypto Art Hard Cap

The 99 Unique Early Crypto Art Hard Cap

1 week ago
multiplays

Multiplays: Blockchain Gaming Reinvented Using NFTs

1 week ago
deap, dea. playmining

The Second Edition of NFT Awards Announced, Intense Competition Expected

2 weeks ago

Premium Partners

Top Brokers

eToro

eToro

Review · Visit
Evolve Markets

Evolve Markets

Review · Visit
Bybit

Bybit

Review · Visit
ArbiSmart

ArbiSmart

Review · Visit
PrimeXBT

PrimeXBT

Review · Visit
Moneta Markets

Moneta Markets

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bonusfinder DE

Bonusfinder DE

Review · Visit
Bspin

Bspin

Review · Visit
Wolf Bet

Wolf Bet

Review · Visit

Top Sportsbooks

1xBit

1xBit

Review · Visit

Top ICOs

Student Coin

Student Coin

Review · Visit

Token sale

Holdefi

Holdefi

Review · Visit

Press Releases

Fly to the Moon and Win One of Three Tesla Cars with New Bitcasino Game, Live Crash

April 19, 2021

Cryptocurrency Exchange Gate.io Celebrates 8th Anniversary

April 20, 2021

eToro Adds Chainlink and Uniswap Amid Investor Surge For Crypto

April 19, 2021

Newsletter Signup


ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Auto Trading Software ▸

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2020 NewsBTC. All Rights Reserved.

  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Cardano
    • Tezos
    • EOS
    • Chainlink
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Education
    • Accepting Bitcoin payments
    • Using Bitcoin
    • What is Bitcoin Mining
    • How to Trade Bitcoin
    • How to Buy Bitcoin
    • Digital Currency Exchange
    • Proof of Existence
    • Is Bitcoin legal?
    • Bitcoin Books
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Trade
  • Invest BTC
  • Join STC ICO

© 2020 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.