Envion Whitepaper

Abstract

When cryptomining was still in its infancy, it was well distributed among a couple of thousand
private miners, governed by transparent rules and not harmful to the climate because its
energy requirements were microscopic. All that has changed: the exponential growth
of cryptocurrencies has led to a dramatic increase in the sector’s energy consumption
and a concentration of mining activities in countries with low social and environmental
standards – where electricity is produced using predominantly fossil fuels. Even worse, the
concentration of mining power in the hands of a couple of large corporations is distorting
the formerly democratic decision-making process in these networks: changes in protocols
and hard forks are in danger of being influenced by the economic interests of a few.
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.
The solution envion provides has all the necessary competitive advantages, follows a
decentralized approach and provides voting rights for an experience that has been under
pressure from the concentration of mining power

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Envion Whitepaper

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