Hydro generated power, is by far, one of the most cost efficient and effective sources of clean energy. Hydro generated power is absolutely environmentally friendly and its process emits very low emissions without any complicated long term repercussions.
It is often shunned by corporations and governments alike due to it’s inability to scale. Governments and mega industries aside, Hydro generated power has very much to be desired if applied effectively.
Enter, HydroMiner:
HydroMiner is a company who is utilizing exclusively clean energy drawn from Hydropower to mine cryptocurrencies. They are currently, already operational and harvesting hydro power from the Alpine region of Europe to mine cryptocurrencies and are now launching their ICO.
Harnessing power through the propulsion of water created by the gravitational pull of the moon, which leaves a carbon neutral footprint on the environment to solve complex mathematical equations with 1’s and 0’s using supercomputing microchips which are also cooled by the very water it is using to generate power, to then generate virtual currencies existing only in the digital ether of the internet.
That’s some hardcore Entrepreneurial Techno-Druidry right there. Of the explosion of innovation going on in the Blockchain space, HydroMiner has definitely captivated me which led me to pour through HydroMiner’s White Paper.
The beginning of HydroMiner started in 2014 when a Nicole Damblon learned about Bitcoin mining from a mutual friend. After learning more about it, she decided to start mining Bitcoins on her sister’s computer way back when mining on a CPU was still a thing.
After some time, she found that she had actually made $200 by simply delegating some of her CPU’s computing power to a distributed network! This motivated her to dig deeper and eventually purchase a dedicated miner imported directly from China, and so the journey begins.
Ahh, the wonderful stories of early crypto adopters, seems so fairy-tale like now.
Nonetheless, much credit is due to Nicole as she pushed full force in that direction while others sat around squabbling about “Intrinsic value” and ‘Bubbles’. Oh wait, many still are.
Nicole enlisted her sister onto the mining project and they began to expand it as much as they could, building their own rigs in their home in Vienna. As their mining operation grew and grew, friends started to take notice and wanted to invest in the operation as well!
After just one year, and before the Damblon sisters knew it, their home mining operation was starting to outgrow their apartment.
By the end of 2015, they had reached the maximum capacity of energy they were allowed to receive from their apartment and also came to a logical conclusion that the profitability and of cryptocurrency mining would be very much dependant on how much they were paying for energy.
As such, they began researching the cheapest means of acquiring energy.
This is when they learned that the large part of the cost of electricity in Austria and Gemany alike, consisted of a “Network Power Transmission Fee” which is, as the name suggests, is an additional fee you are paying, for the power to be transmitted to you, and this tax is effective as long as you are drawing power from the country's main electrical grid.
The only way to avoid this tax was to draw energy before it was transmitted into the general energy network. The only way this was possible, was to sit at the source of the energy production.
That is when the idea came to them.
Situated in the mountain central area of Europe, Austria was home to a few thousand small hydro-power stations that were often privately owned that were barely making ends meet!
So through a mutual friend, they went on to lease a hydro power plant and began mining cryptocurrencies directly at the source of the energy, with 1000 GPUs installed into a sea freight container.
What they found was that hydro-powered cryptocurrency mining was an ideal situation for cryptocurrency mining.
By sitting directly at the energy source, they HydroMiner has achieved a whopping 85% lower energy cost, which is also 89% carbon neutral and used at 90% effeciency!
The default temperature in the mountainous Alps is generally cool as is, which makes standard air ventilation cooling measures already more efficient than in general.
Hydrominer also has innovative means of cooling their GPUs with the use of well proven systems in combination with the air ventilation, utilizing “heat exchangers” to harness the cold from the river to further cool the GPUs.
With the combination of such an ideal situation, HydroMiner is able to maintain a extremely high density of GPUs at a low temperature, resulting in the most optimized possible mining power in the most space efficient manner within the hydro power station.
At present HydroMiner is operating 2 hydro power stations with about 3000 operational GPUs mining a variety of coins, which will be adjusted for maximum profitability as time goes.
And now with their ICO, they intend to scale their operations to new heights. With the funds from the ICO, they intend to further scale their operations and open up 2 new HydroMiner plants!
Investing in HydroMiner's ICO will give you H20 coins, which can be utilized as a kwH of HydroMiner’s mining pool for the period of 24 months!
China the leader in cryptocurrency mining, which utilizes 70% of it's energy from the burning of coal. Though, cryptocurrency minng may not exactly be the biggest issue when it comes to pollution, account only for a mere fraction of global energy expenditure, it is important to have solutions which are not adding to an already terribly hard situation for our planet.
I have always been of the philosophy that just as making money is important, how your money is made is just as important. The impact we make on our society should have a weight on the decisions that we make. The ignorance of corporations and governments alike to this philosophy is leading the world into a rather bleak future.
However waiting on corporations and governments to make a change is a fool’s errand. It is up to each and every individual to take ownership of our own actions to make a positive impact on the world we live in.
HydroMiner as a company is an amazing innovation and execution of an operation that is melding technology and nature back together, and when these 2 are in equilibrium, such a fantastic operation is it’s end product. A highly-profitable, eco-friendly, empowering tool, made accessible to every individual to participate in through the use of Blockchain Technology.
The reason I am personally so passionate about Blockchain Technology is the siphoning of power away from centralization and the impact I see it making when sovereign individuals make decisions. For it seems, sovereign individual will always be more in line with it’s community and not like a number on a spreadsheet which is affecting a bottomline.
The Blockchain Technology gives me hope for the prospect of a future with the re-instilling of the sovereignty to every individual. For in doing so, we the masses will be strong together, and to slowly but surely siphon away power from massive centralized entities who seek to enslave.
God Speed Brethren.
