Envion's solution is "extremely mobile" housed in CSC containers that are easy to deploy and efficiently cooled.
Bitcoin's inventor, Satoshi Nakamoto, always intended his digital development to be decentralized and widely available.
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By off-loading the thermal energy generated by the MMU's crypto-mining operations onto nearby structures that need heat, Envion is developing energy opportunities that can simultaneously reduce their carbon footprint and that of others.
Although Envion could offer its patents to corporations, the startup has its eye on honoring the spirit of decentralization inherent to cryptocurrency.
That's a 99% efficiency of consumption allowing virtually all energy resources to be allocated to processing power.By launching via an ICO (Initial Coin Offering), Envion will position itself to offer shares in its innovative, disruptive technology to the public which will include voting rights and ensures, according to the company, that they "comply with the philosophy of cryptocurrencies, which is decentralization." The goal of Envion's operations and ICO is to benefit individuals and communities that would otherwise miss the opportunities associated with crypto mining.Envion is poised to disrupt cryptocurrency mining with its lower operation costs, and ability to mitigate risk by stepping away from dependency on any single factor of production.With 80% of crypto mining taking place in China, that means it's "dirty" energy fueling the digital digging.Mainland China's predominant energy source remains fossil fuels, primarily coal.