Envion ICO Review - Should you invest or not?
Envion (EVN) -- Announced November 2, 2017, Envion expects to be the "World's Best Standard of Self-Expanding Crypto Infrastructure". EVN is merely one of several new ICOs trying to concentrate on tokens with payout as opposed to forcing miners to make coins via mining.
Envion aims to differ while at precisely the exact same time remaining exactly the same. The normal miner sets a farm up and utilizes either picture cards (GPU) or ASICs to mine electronic coins so as to maintain the coins or market. In either event both chief considerations after coin worth is hardware price and power. Together with coin cost decides is gain or return-on-investment (ROI) could be gained.
EVN expects to install its patent pending (Germany:102017125540.0) Modular Mining Components (MMUs) where renewable energy is economical and in more than manufacturing. By doing this that they may gain from cheap electricity and feel great about restricting a carbon footprint in precisely the exact same time whilst earning money for themselves and nominal holders.
How it's going to work is just 1 December EVN starts a pre-sale of tokens for 48 hours at a discounted cost of $0.70 each token. Investors are confined to US and Swiss taxpayers and will be subject to pertinent legislation of their various countries. Following the 48 hour pre-sale tokens then proceed a set program attaining $1/token at total cost before record cryptocoin exchanges.
After launching, holders of these tokens will be given some of any gains from the mining operations. Presently Envion works on MMU at Germany in a factory and yet another prototype presently being set up at a different factory. Along with mining the MMUs provide heat to cancel price in the factories throughout autumn and winter season. A simulation could be viewed here however is a simulation and dwell results are handicapped.
In the simulation we could view Bitcoin (BTC) and Ethereum (ETH) being mined. This implies that the MMU uses ASICs and GPUs to mine. The biggest seller of Bitcoin ASICs is Bitmain while the top GPUs to mine Ethereum are out of Nvidia. The simulation reveals 130-140 TH/s on Bitcoin that works out to 10 Antminer S9s in 13,000 watts. Ethereum hashing is a little more complex to compute since there are a few GPU choices with 1070s or 1080s probably being used to maintain the amount of cards reduced. Presently ETH is modeled to be mined at 8.4 GH/s. With accent though these are just simulations. Complete energy is60,000 watts.
Without understanding the energy cost it's difficult to calculate earnings with this unit. The white paper released by EVN discusses various energy cost points and studying it appears to conclude the goal of $0.02-0.03 each kw/h. Together with the installed miner being at a mill it's probably running on non-renewable energy and as a prototype that the place may have been more significant than electricity price.
If you invest? This is a complex question. EVN plans to yield 75 percent of gain and re-invest 25 percent of gain with payments per week beginning in January. As a new company there are no preceding results to assess. Forward looking statements in the company claim anticipated 161% gain first year with raising earnings via for-profit earnings. The old saying applies, if it seems to good to be true it probably is.
Mining mining and today in January are radically different things as issue about the Bitcoin and Ethereum blockchains are almost sure to be greater. No new mining equipment or GPUs are declared with published before 1 January to substitute the present benchmark Antminer S9s along with Nvidia lineup of cards. The earnings today won't be the exact same as January.
Additional concerns abound. Mining equipment costs cash. Attempting to maneuver MMUs round the world is complex and requires time. Shipping time isn't mining time. Purchasing gear to keep it idle whilst moving MMUs round the world raises time to ROI. Request any miner now to give up 75 percent of his earnings and determine whether he can nevertheless ROI. They'll laugh in the question.
For today use caution. Read the white paper here and take a look at the site prior to making any decision to spend. There's an honest Envion review here if you've got queries. All stinks are insecure, if you're ready to eliminate everything then $0.70 per token throughout the pre-sale may be worth passing up the latte in Starbucks to get a day.
Envion aims to differ while at precisely the exact same time remaining exactly the same. The normal miner sets a farm up and utilizes either picture cards (GPU) or ASICs to mine electronic coins so as to maintain the coins or market. In either event both chief considerations after coin worth is hardware price and power. Together with coin cost decides is gain or return-on-investment (ROI) could be gained.
EVN expects to install its patent pending (Germany:102017125540.0) Modular Mining Components (MMUs) where renewable energy is economical and in more than manufacturing. By doing this that they may gain from cheap electricity and feel great about restricting a carbon footprint in precisely the exact same time whilst earning money for themselves and nominal holders.
How it's going to work is just 1 December EVN starts a pre-sale of tokens for 48 hours at a discounted cost of $0.70 each token. Investors are confined to US and Swiss taxpayers and will be subject to pertinent legislation of their various countries. Following the 48 hour pre-sale tokens then proceed a set program attaining $1/token at total cost before record cryptocoin exchanges.
After launching, holders of these tokens will be given some of any gains from the mining operations. Presently Envion works on MMU at Germany in a factory and yet another prototype presently being set up at a different factory. Along with mining the MMUs provide heat to cancel price in the factories throughout autumn and winter season. A simulation could be viewed here however is a simulation and dwell results are handicapped.
In the simulation we could view Bitcoin (BTC) and Ethereum (ETH) being mined. This implies that the MMU uses ASICs and GPUs to mine. The biggest seller of Bitcoin ASICs is Bitmain while the top GPUs to mine Ethereum are out of Nvidia. The simulation reveals 130-140 TH/s on Bitcoin that works out to 10 Antminer S9s in 13,000 watts. Ethereum hashing is a little more complex to compute since there are a few GPU choices with 1070s or 1080s probably being used to maintain the amount of cards reduced. Presently ETH is modeled to be mined at 8.4 GH/s. With accent though these are just simulations. Complete energy is60,000 watts.
Without understanding the energy cost it's difficult to calculate earnings with this unit. The white paper released by EVN discusses various energy cost points and studying it appears to conclude the goal of $0.02-0.03 each kw/h. Together with the installed miner being at a mill it's probably running on non-renewable energy and as a prototype that the place may have been more significant than electricity price.
If you invest? This is a complex question. EVN plans to yield 75 percent of gain and re-invest 25 percent of gain with payments per week beginning in January. As a new company there are no preceding results to assess. Forward looking statements in the company claim anticipated 161% gain first year with raising earnings via for-profit earnings. The old saying applies, if it seems to good to be true it probably is.
Mining mining and today in January are radically different things as issue about the Bitcoin and Ethereum blockchains are almost sure to be greater. No new mining equipment or GPUs are declared with published before 1 January to substitute the present benchmark Antminer S9s along with Nvidia lineup of cards. The earnings today won't be the exact same as January.
Additional concerns abound. Mining equipment costs cash. Attempting to maneuver MMUs round the world is complex and requires time. Shipping time isn't mining time. Purchasing gear to keep it idle whilst moving MMUs round the world raises time to ROI. Request any miner now to give up 75 percent of his earnings and determine whether he can nevertheless ROI. They'll laugh in the question.
For today use caution. Read the white paper here and take a look at the site prior to making any decision to spend. There's an honest Envion review here if you've got queries. All stinks are insecure, if you're ready to eliminate everything then $0.70 per token throughout the pre-sale may be worth passing up the latte in Starbucks to get a day.
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