HeliosCoin: Autonomous Mining Clusters

clauming (7)in #cryptocurrency • 6 years ago

Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Moving to the topic, at the training stage, crypto-mining was a well-distributed network of several thousand private miners, whose work was regulated by transparent rules. His activities were not harmful to the climate, since his energy needs were low.

Now everything has changed: the exponential growth of cryptocurrencies has caused a strong increase in energy consumption and mining concentration in countries with low social and environmental standards, where electricity is produced mainly with fossil fuels. But even worse is the fact that the concentration of mining resources in several large companies distorts the previous democratic process of decision-making in these networks.

For future mining crypto operations, it is necessary to reduce the systemic risks associated with linking to certain coins or mining funds. An innovative blockchain technology-based, calledHeliosCoin (HLC), seems to have the solution for it. Combining solar panels, electricity storage system, immersion cooling, self-mining, and adding to this cocktail a self-learning control system, it aims to be the ideal system to solve these problems.

Video Presentation

Definition

As I said, HeliosCoin (https://helioss.io/) is a project of Yolla's INC LTD. that combines solar panels, electricity storage system, cooling by immersion, self-mining, and added to this cocktail a self-learning control system that independently changes crypto-currencies for mining depending on the situation in the market .

Goals
The main objective of Yolla company is to bring back a crucial crypto-mining community force. People should be able to participate in mining cryptography without major investments in equipment and technology. In addition to providing extensive ownership of mining operations, Yolla INC LTD. is committed to ensuring that the community participates in key mining decisions. It strives to remove obstacles to attract a wider audience to the cryptographic community.
In addition, Yolla offers everyone the opportunity to participate in the future of blockchain technology and lay the foundations for the future of cryptography-mining through the development of highly mobile mining modules with low maintenance requirements and offering our community a voice in the selection of places and currencies for mining.

Technology

Technology	Description
Found decentralized autonomous mobile mining modules (Solar Mining Clusters)	It has the automation functions of the fourth industrial revolution, a totally modular and scalable architecture and requires minimal maintenance. They work completely autonomously and are able to adapt to different climatic zones.
Computer control point (Main Control Unit) or HeliosMiner application	It is used to manage automated decentralized operations of autonomous mining clusters around the world. Support our Solar Mining Clusters, finding the optimal mining strategy taking into account the trade rate of cripto-currency, the complexity of mining, the generation of equipment and many other factors.

Benefits

Image	Advantage	Description
	Solar energy	Energy for mining that respects the environment and is independent of the environment.
	Batteries	At night, the decrease in the efficiency of the solar panels is compensated by the accumulated energy reserves in the accumulators during the day. The newer batteries have high efficiency and long service life.
	Cooling by immersion	The final solution of the problems with the irregular cooling plates, the contamination of the expensive electronic components, the noise of the fan and the permanent repairs of the system.
	Smart currency	A specially developed software analyzes the market situation in real time and changes the mining modes between different currencies, achieving the maximum efficiency of the cryptography.
	Decentralization	Unlinking the mining units from the power supplies allows you to place autonomous systems in the most convenient locations, no matter how far from the areas of civilization, in many places at the same time. At the same time, this decentralized system will work as one.
	Legal conditions	Due to various ways of connecting to the Internet and the lack of dependence on electricity, the owner of the system does not bear the risk of "excessive regulation" by the state.

Bounty program

The project gives the opportunity to earn HeliosCoin Tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=3351076.0), where you can access the link in order to see what are the conditions to become an early HLC contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://helioss.io/legal/whitepaper.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/helioscoin_io). I hope you liked the post and soon I'll send you new ones.

Tokenomics
The HLC token is an Ethereum token based on the ERC-20 standard that gives its holders the right to obtain 100% of the income from their own mining operations in two stages: 75% is paid immediately and 25% is invested to increase future payments, receiving 35% of HeliosCoin's revenues from third-party mining operations.

Token: HLC
Platform: Ethereum
Type: ERC20
Price in ICO: 1 HLC = 0.001 ETH
Tokens for sale: 4,250,000

Roadmap

Date	Events
April 1, 2018	Token pre-sale. Smart contract deployment. GitHub listing. Start of pre-sale.
May 2, 2018	First cluster installment.Pre-ICO. 50 kWt sollar panels and immersion cooling boxes. ASICs installation. Beginning of mining. PRE-ICO.
June 3, 2018	Launching HeliosCoin ICO. beginning of ICO. mining clusters increasement. blockchain intercalation.
September 4, 2018	End of HeliosCoin ICO. Token listing. Token listing. Order of 10 mWt. solar off-grid photovoltic systems.
November 5, 2018	Power increasement - mining and solar. 10 mWt electric solar system installation. Immersion cooling boxes installation. Mining equipment installation. Begining of mining.
December 6, 2018	Clusters distribution. seeding solar clusters worldwide. mining software for distributed clusters. worldwide clusters distribution.
January 7, 2018	iOs and Android app. iOs and Android app implementation for clusters buyers.