We are absolutely overwhelmed (in a good way!) with questions from people around the world about envion and its technology. There is strong interest in understanding all the details of the next generation business. Envion is a daily growing stack of innovations and complex thoughts, we’ll try our best to fill you in a concise blog post.
Envion was founded out of a need to address both the dramatic increase in energy consumption as cryptocurrency mining becomes increasingly mainstream as well as the general high dependency on energy supply in this industry. In addition, envion wanted to address the fact that with the concentration of mining activities in countries with low social and environmental standards, electricity being used for mining activities is in the form of fossil fuels.
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.
This is key as both the price and availability of electric power are the two most important factors for mining companies.
We believe that crypto mining should be a decentralized, democratic, and evenly distributed operation — one that is open to everyone who is willing to support the network and benefit from it. That is why we created envion, a company born out of innovation.
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.
However, it must also 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.