Cryptocurrency mining has seen it´s major boom these last few years, going from household appliances (PC), used to run the initial mining, to the ever-growing demand for computational power, that is needed to keep up with the increasing difficulty of the currency´s minting. That, straight away lead´s to a greater requirement for Electrical power.

A recent survey was done to make a projection of the electrical consumption of Bitcoin Mining, both present, and future, the results were astonishingly high. The numbers were almost equal to half of a country usual consumption on a daily basis, having the future consumption of mining equivalent to the Current Global Electrical Consumption, going exclusively for the minting of cryptocurrency.

Environmental Implications

Carbon dioxide (CO2): Fossil fuel use is the primary source of CO2. CO2 can also be emitted from direct human-induced impacts on forestry and other land use, such as through deforestation, land clearing for agriculture, and degradation of soils. Likewise, land can also remove CO2 from the atmosphere through reforestation, improvement of soils, and other activities.
-The United States Environmental Protection Agency (EPA)

All of this come´s at a grave price, as the emissions of Carbon Dioxide (CO2) have increased drastically due to the needs of the electrical consumption of the Bitcoin mining Equipment.
There is the possibility of using Renewable energy sources, but due to the drop in price of Solar energy produced, the producers see no other option than to move the produced energy by means that require biofuel, as the placing of cables or a less environmentally damaging scenario is not financially viable for said company´s or their supporting Governments.

The United Nations Climate Change Control (UNFCCC) has suggested that the Blockchain would come as a Great Helping Hand on the recording and registry of Co2 emissions, as it would solve the double measurement factor, eliminating this way, any duplicate readings that inevitably come up.

What is the Crypto Comunity, doing about it?

The Swiss company, Envion AG is in the prosses of solving this scalable issues of Electrical consumption and reducing the Co2 footprint, that crypto-currency is leaving behind. By betting on specially design containers (MMU) that on to them was added the Envion AG patented designed cooling systems, to be able to cope and lodge crypto-mining equipment, and easily take them to the renewable energy power plant´s that are located all over the world.
On-site the Mobile Mining Units (MMU) will focus on the excesses of electricity produced by the plant´s, giving their customers a clean and cheap source of energy, to meet their demands of profit in the minting of Crypto-Currency.

The ICO will serve as a development investment for the production of the containers and the placement of the mining equipment in order to turn them into Mobile Mining Units that can be shipped in freights and trucks to reach and make use of confined Solar parks and wind farms that are placed around the world. The Token is an Ethereum ERC-20 compliant named Envion Token (EVN), having a total issue of 150,000,000 EVN were the excess of the token sale are not generate, reducing the final total supply. Each token will be on sale from the 15th of December 2017, straight to 2018 the 14th of January, the value will vary from $0.7 each 1 EVN to $1 per token.

The token will enable dividends payout that will bring a return of 161% annual, on which 75% will be paid immediately to an ERC-20 complient wallet (smart-wallet) and the remaining 25% will be reinvested into new Mobile Mining Units, assuring development and investment in the Green Energy field. The voting and Veto rights will only be available for important decisions of the company!

Overall this ICO has all the standards a good Business needs to stay alive and evolve trow time. Their overall global vision of reducing the Co2 emissions that are directly linked whit the crypto-currency mining, is a responsible step that at the same time, will make use and further research the development green energy need´s in order to achieve a total and reliable source of Green Electrical Power, that thanks to the scalable nature of technology, will benefit and prolong the Planet life cycle!

Hope you didn´t mind, reading it on Steemit!

Envion AG official site:
https://www.envion.org/en/

White paper:
https://www.envion.org/en/download/envion_whitepaper.pdf

Pitch Deck:
https://www.envion.org/en/download/envion_pitchdeck.pdf

Sorces and inspirations:
https://cointelegraph.com/news/bitcoin-mining-operations-increase-sharply-resulting-in-blackouts
https://en.wikipedia.org/wiki/Renewable_energy_in_the_European_Union
https://cointelegraph.com/news/un-may-utilize-blockchain-in-climate-change
https://ec.europa.eu/energy/en/topics/renewable-energy/renewable-energy-directive
https://www.epa.gov/global-mitigation-non-co2-greenhouse-gases
https://www.envion.org/en/download/envion_whitepaper.pdf
https://www.envion.org/en/download/envion_pitchdeck.pdf
https://www.envion.org/en/