ICO Spotlight | Envion – An Innovative And Green Crypto Mining Company With An Epic Dividend Plan

[For readers that are unfamiliar with cryptocurrency mining companies, they are companies that sell a portion of their hash-power (or in layman terms, computer power, to solve a math problem called a hash function to create blocks on the blockchain) to increasing return-on-investment (ROI) time by quickly having liquidity to constantly purchase new, more powerful equipment, and quickly adapt to changes.

It’s a win-win contract where a consumer doesn’t have to deal with mining operations and where a miner can have a steady supply of liquidity to update and expand.]

All crypto mining businesses are highly dependent on energy supply. However, energy sources are not created equal. There are differences in cost, regulations, and how climate friendly it is to the environment. Mining companies of the past think that they have found a suitable solution, set up shop, only to discover that they are vulnerable when something quickly changes. Above that, no matter what the scale, miners can consume a tremendous amount of energy just to cool the hardware to prevent it from overheating. Therefore, the next generation of crypto mining is decentralized, mobile, green, and have sophisticated software to optimize and monitor energy consumption, climate (indoor/outdoor), and security (e.g. physical, network, software). In short, to deliver reliable and consistent earnings to investors/customers, crypto mining companies have been forced to evolve.

Envion is part of that evolution of next generation mining companies that are using a variety of new and innovative techniques to become more reliable, cost-efficient, scalable, and most of all: profitable.

ENVION VISION & VALUE PROPOSITION

Envion wants to be a lead innovator in the cryptocurrency mining sector while involving Envion token holders to make key strategic mining decisions by granting voting rights. Environ understands that to be successful, they will need a modular, mobile, flexible, low-maintenance, data-driven solution.

Envion plans to execute their vision through three (3) technologies:

1. Decentralized Mobile Mining Units (MMUs). Envion will create and use standard 20ft shipping containers, called MMUs, to house mining rigs. These MMUs will be deployed at different locations to form a decentralized network. In this model, if one or more nodes in the network are temporarily offline, the overall network still survives and operations are only degraded and not entirely offline. MMUs will be equipped with a patent-pending cooling system that is self-regulating, highly efficient, and failsafe. Envion’s cooling system will only consume approximately 1% of the system’s total energy consumption. MMU configurations are detailed in the “MMU Configuration” section.

2. Unified Mining Cloud (UMC). Envion will manage their MMUs through a UMC that will aggregate data and control and optimize MMU operations.

3. Global Smart Energy Sourcing (SES). Energy source location will play a key role in the success of Envion’s vision, however many factors (e.g. price structures for industrial users, feed-in tariffs for renewables, discounts for on-site consumption, grid fees, taxes, levies and exemptions) require consideration. Environ has developed a proprietary, multidimensional system to help identify the most efficient location to process data and mine cryptocurrencies.

MMU CONFIGURATIONS

An MMU can built using traditional ASIC mining or with Envion’s proprietary GPU-based rig configuration that will allow for a 100%, or a 50%/50% implementation.

Environ’s proprietary air-cooling system allows for a “medium (power) density” (< 50 KW), a “high density” (60-85 KW) and an ultra-high density (137 KW; ASIC-only) configuration. The implementation of a medium-density MMU version will allow deployment to regions with outstandingly high ambient air temperatures.

These configurations are depicted in the table and figure below:

ADDITIONAL OPERATIONAL AREAS

For those of you familiar with my reviews, I purposely skip over business areas that I feel should be a given. Envion needs to describe and boast about these areas but I don’t feel I have to.

As such, the following areas are explained in detail within Envion’s whitepaper, but are skipped in my review:

• Security (physical MMU, software, network, etc.)
• Hardware Optimization
• Remote Monitoring & Maintenance
• Company Structure

ICO DISTRIBUTION DETAILS

TOKEN: EVN

CIRCULATION: TBD at ICO

TOTAL CIRCULATION: 150,000,000

TOKEN TYPE: ERC20

ACCEPTED CURRENCY: BTC, ETH, credit cards

RESTRICTIONS?: United States and Swiss-based investors

ICO PHASE	BONUS	TOKEN PRICE
PHASE 1: 12 PM GMT DEC 1-2	30%	$0.70 USD
PHASE 2: 12 PM GMT DEC 3-7	20%	$0.80 USD
PHASE 2: 12 PM GMT DEC 8-15	10%	$0.90 USD
PHASE 2: 12 PM GMT DEC 16-31	0%	$1.00 USD

PROCEED DISTRIBUTION

BUSINESS AREA	PERCENT
Investment in Mobile Mining Unites (MMUs)	91%
Research & Development and Administration, General Reserve, Legal Proceedings for Token Status as a Publicly Available Security	9%

In the event the ICO raises less than $7m, the use of proceeds will gradually shift from MMU investment towards administration and marketing. In this case, Envion will focus on third-party business to maintain profitability for investors and deliver ROI.

EVN TOKEN HOLDER RIGHTS & BENEFITS

EVN holders has the right to receive three (3) types of benefits:

1. Proprietary Operations (PO): Net mining profit* (mining rewards minus operational costs [e.g. electricity, rent/land lease, hardware upgrades & repair]) will be distributed as follows:

• 75% will be distributed to token holders.

• 25% will be reinvested to grow Envion to boost future distribution payments.

• Net mining profit is not the same as Envion’s overall profit/loss statement.

2.Third-party Operations (TPO): 35% of the mining revenues from the business case where an independent company such as a utility, acquires the MMUs while Envion operates them.

3.Voting rights: At times, Envion will need to make strategic decisions regarding mining operations. In those cases, Envion will bring proposals to a vote using the token’s smart contract capability.

FINAL THOUGHTS

Mining can be highly profitable, but it’s a challenging environment that requires industrial-level monitoring, planning, and flexibility when something changes. Don’t forget that cryptocurrency profitability can also change, or in the case of Ethereum, change from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) mining. I think Envion has all the components to meet those challenges.

I feel that I’ve covered Envion’s main value propositions, but I encourage those that are considering investing in Envion to read their whitepaper for more detailed information.

Envion is the second mining company that uses shipping containers, so I think the idea is becoming an industry standard. The other company that I reviewed with the same idea is Hydrominer.

While a decentralized network is optimal, I would have liked a little more information on the costs to move nodes. Moving shipping containers requires-you guessed it-energy consumption. Both companies, don’t estimate how many times they think they will have to move, nor do they estimate what the cost or impact will be to the bottom line when it happens. It’s also not clear if Envion considers the cost to move a node a mining operational cost or an overall company loss. It’s probably a mining cost but I don’t want to assume. In my mind, everything a crypto mining company does relates to the cost of doing mining operations, so the fact that Envion thinks there is a distinction is better for EVN token holders but is a little surprising to me.

Envion is enticing. 75% net mining profits, plus 35% third party profits distributed weekly is the best deal that I’m aware of. On their main website page, Envion estimates a yearly ROI of 161%, but who knows. There are a number of factors that can affect that estimate. Of course, it doesn’t mean a hoot if Envion can’t achieve decent profit margins, but from reading Envion’s whitepaper, they clearly have a detailed plan for operations. In my opinion that alone increases my confidence level in their viability. Lastly, I like Envion’s plan to reinvest 25% of net profits to accelerate growth (and future distributions). This is something I’m confident long-term holders will like to see.

Overall, I like Envion changes for long-term survivability and think readers should consider Envion as a candidate for some potentially epic ROIs.

REFERENCE LINKS

Envion Website
ICO Details
Whitepaper
FAQ

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