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Envion

4.3

Decentralized placement directly at energy source

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Team:

Matthias Woestmann - CEO

Felix Krusenbaum - FINANCE

Jonathan Koch - TECHNOLOGY

Jasper Hellmann - MARKETING

Seif Mousaied Shieshakly - INDUSTRY EXPERT

Laurent Martin - COMMUNITY

The exponential growth of blockchain-based applications has led to a similar explosion in the demand of mining infrastructure. Traditional mining competitors have to deal with numerous problems. Few of them apply to our mobile, decentral and scalable strategy! We create a win-win scenario for power plants: We pay power-plants (and other energy hubs) for letting us use their otherwise unused local overcapacities. Win-win for the blockchain: We provide stability by decentralizing mining activities again, letting the community fully participate in mining and making mining-operations immune to local regulations, governmental restrictions, energy price spikes and bringing peace of mind to the global blockchain infrastructure.

Expert Review

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4.3 out of 5

Envion has noticed that with the development and popularization of blockchain technology and cryptocurrencies, there comes a possible problem of energy required for all of the mining needed for these coins. They have developed a scalable mining unit. To make the mining even more cheaper they will be making the most out of unused renewable and other energy sources. There is a lot of unused overcapacity energy that many powerplants create. Normally, electricity overcapacities have been inaccessible and useless, however Envion has a chance to develop this in a way revolutionary technology. If they succeed, they could become a significant player when it comes to blockchain mining power.

User Review

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William T.14 january 2018, 19:25

Envion is about to become a revolutionary project, as they will probably be the first ones to find a way to use electricity overcapacities, especially produced from the solar power plants. The energy would be otherwise wasted, however they can use it in mining industry. And with the cryptocurrency field being only at the very begining of it's long and future life, there will be a lot of energy needed for this future mining.

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