Energy costs vary from country to country, because of which mining can either be gainful or be completely useless. Most importantly, primary energy, which is generally used by the people, is dirty. Moreover, there are troubles related to taxes that are required to be paid for mining purposes and energy scavenging, which are already reducing the profit margins. The people who are running this business are either decentralizing or re-centralizing the mining ecosystem.
Envion is focusing on changing all these things by taking operations of mining directly to the source. Envion is aiming to operate at a lesser cost than all the other set-ups of mining. Simultaneously, it is aiming to reduce the footprint of carbon dioxide from the industry of blockchain.
Nowadays, there is a buzz about cryptocurrencies everywhere, owing to which the blockchain ecosystem is increasing at a large scale. This is significant for this technology and its unruly characteristic, but this is not good for the world at large.
The Guardian, once mentioned that one bitcoin transaction utilizes energy, which is equivalent to the power used by 1.57 American households in a day, which means it is 5,000 times more power-hungry as compared to a credit card transaction.
If digital tokens and the blockchain technology that comes along with bitcoins are to be accepted normally, then they will have to stick to the green revolution, which is cleaning the entire planet. There are corporate companies, like Envion, that are emphasizing on making the cryptocurrencies’ mining a green revolution.
Instead of using green energy recklessly, Envion has decided to take it to another level. Envion has come up with an automated unit of mobile mining within the standard shipping containers. These containers can be shipped to any part of the world within a few days. These containers can be set up along with energy sources, such as hydroelectric dams, solar panel plants, etc. These energy sources are not just green, but cheap as well.
It is logical to put green power sources, along with the mining operations. It helps in extracting more energy from the power sources. Additionally, it helps in decentralizing the mining operation. Envion has also introduced a self-regulating system of cooling, particularly for the blockchain mining. It is 43 times more cost-effective and energy-efficient than normal air-conditioned units.
Moreover, Envion is thinking of promoting an eco-friendly way of recycling the energy, which is generated from mining through the systematic placement of the mining units near to the places that require heating like greenhouses and warehouses. This further helps them in cost-cutting.
There have been a number of initial coin offerings that consist of nothing but the whitepaper, along with their name. But in case of Envion, mobile containers are in execution already. Therefore, the tokens of EVN have more value and importance. The sale of EVN token will continue for a month. It started from 1st December 2017 and will continue till 31st December 2017.If you want to know more about Envion and its infrastructure, then you can read its whitepaper.