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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.
Envion's solution is "extremely mobile" housed in CSC containers that are easy to deploy and efficiently cooled.
Where China throws vast resources at energy-hungry cryptocurrency mining, Envion's tech is devised to lower the consumption costs thus expanding opportunities.In addition to disrupting cryptocurrency mining, these mobile data-centers can change how business and individuals consume heat and offer mutually beneficial energy solutions even in the remotest of areas around the globe.Envion's mobile mining units will deploy and operate near structures that require heat that may be generated by fossil fuels.As the availability of cryptocurrencies expands beyond Bitcoin, Ethereum, Litecoin, etc., so will opportunities to mine them, but only for those that can afford to expend computing power, and therefore energy, to take advantage.Currently, China holds the Bitcoin mining market captive thanks to its resources, but Envion aims to change that with mobile mini data-centers designed to be deployed in CSC containers.
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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.