Scavo Technologies - environmentally friendly mining

chamika (48)in #blockchain • 6 years ago

With the popularity of cryptocurrency has increased, energy consumption and the scale of activity of miners in countries with low social and environmental standards have increased. At the same time, a significant portion of the mining capacity is in the hands of some corporations, which distorts the democratic principle of decision-making on various aspects of network development - changes in protocols, hard-links, etc. so SCAVO have come to solve this this problems.

WHAT IS SCAVO?

Scavo Technology is an innovative blockchain company founded in Argentina specialized in the construction of data center infrastructure for crypto-mining using renewable resources. It offers a smart, scalable, environmentally friendly solution with the ability to maximize energy resources with zero carbon footprints, natural and independent.

SCAVO Technologies focuses on self-sufficiency achieved over time. For this, a hybrid system was developed, in stages, which allows to generate all energy without harm to the environment, necessary for the activity of mining farms. When constructing a power plant, only renewable energy sources are used: solar, wind and hydraulic energy. In addition, the project is based on a hybrid integrated system so that all generated surpluses can be injected into the local company's power system, which will allow monetizing this surplus, besides, there is no need to invest in elements for energy storage. All necessary equipment is designed and engineered in such a way that it can function properly for a minimum of 10 years.

How does it work

According to the project proposed by SCAVO Technologies, self-sufficiency will be achieved within a year. Each month, from 8 to 10% of the generated capacity of the entire mining farm will be reinvested in the "self-sufficiency" of the ecosystem. Such a phased model will allow potential investors to predict the profitability they will receive. Like any system as a whole, every electrical and electronic device needs maintenance to function properly. If a power plant operating on renewable energy sources needs maintenance, then the mining farms will be connected to the traditional power system. As a result, all the necessary energy for work that a self-sufficient ecosystem cannot provide will be provided in this way, until the maintenance or repair tasks are completed. Thus, all the infrastructure required for mining, administration, management, and purchase / sale of equipment and components will be managed by an intelligent management system running in a private cloud of SCAVO Technologies. SCAVO Technologies considers it important to comply with the concept of democratization. Therefore, they implement mechanisms that will make possible the active participation of SCAVO token holders in making important decisions that can affect the company's performance, and, directly or indirectly, on profit or profit. Through the use of smart contracts for the SCAVO token, the possibility of voting was implemented to reach a consensus on important issues that will need to be addressed in a timely manner.

Each token purchased allows the holder to access utilities produced based on the transaction models provided in the document. Thus, THE owner of the Scavo token acquires the right to receive income in proportion to the amount of the token that he holds. It is understood as such, to the period during which the operating expenses do not exceed the profit to be received.

We invite everyone to purchase tokens SCAVO throughout our ICO.As soon as the mining farm will be in production, all the benefits from mining will be distributed among the owners and founders of tokens (which are also tokens). Investments pay dividends from the first day of the farm.The amortization period for investors varies from three to ten months, depending on the stage in which they entered the project.

Conclusion

Achieving energy self-sufficiency has become a key milestone in the development of the project itself, as it will allow the development of various working models of the company without reference to traditional energy costs, as well as to fluctuations in the energy market or energy policy. The use of renewable energy sources for power generation allows the development of this ecosystem in different parts of the world, where the cost of energy is incompatible with the crypto-mining market. Also With a vision to focus on self-sustainability, scalability and giving everyone the possibility to be an active part in decision making, SCAVO ensures the future of blockchain technology. SCAVO intends to eliminate the imbalance of energy supply and provide an imbalanced energy distribution over time and space. Thus, this will be another solution for different energy prices on the market. Their own power station is a long-term investment. Those who are willing to invest in a SCAVO project can have a lifetime profit.

More detailed information about projects that you can follow:

WEBSITE https://scavo.farm

WHITEPAPPER https://scavo.farm/download/WhitepaperEnglishv1.15.pdf

TWITTER https://twitter.com/SCAVOTech

FACEBOOK https: // www .facebook.com / SCAVOTechnologies /

MEDIUM https://medium.com/@SCAVOTech

YOUTUBE https://www.youtube.com/channel/UC97baGa2bnwnxolojO8LsjA

LINKEDIN https://www.linkedin.com/company/e-scavo/

ANN THREAD https://bitcointalk.org/index.php?topic=4832228.msg43604596#msg43604596

TELEGRAM https://t.me/SCAVOTech_English

Information about the author:

Chamika888