[ANN] Karvuon – More Power for the Blockchain Industry - page 20.

svitoy1996

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Quote from: Areuinsane on January 06, 2020, 09:48:38 AM

Quote from: KarenW102 on January 06, 2020, 09:43:59 AM

Why Ethereum?

it is secured and has thousands of public nodes, that perform transactions. this eliminates the risk of the “51% attack”.plus Ethereum has a huge crypto community and a strong development team.

All these facts are real, but also Ethereum blockchain is outdated comparing to many others and has really uncertian future as well.

RyBik

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Quote from: v_an89 on January 07, 2020, 12:20:20 PM

Mongolian energy is one of the cheapest in the world and the Karvuon project can take the best from this advantage.

They are going to produce this energy, so it's more a disadvantage for them, only if they aren't going to export this energy.

kanischev2

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Can you tell, are there any tax fees for cryptocurrency mining in Mongolia right now?

dramnartaxbmis

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And even all of this renewable energy will be used for useless cryptocurrency mining just to earn. Great job.

onutunno

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Quote from: mimimizhkad on January 07, 2020, 01:52:37 PM

The alternative energy is not so popular in Mongolia right now, I think Karvuon project will bring it to the next level.

If only 2% of energy is being produced from renewable sources right now, with Karvuon it will be 5 or 10%? So next level, sure.

Kane34

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Using blockchain in alternative energy is still very promising field and really successful startup will come some day.

lestlithemont

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Quote from: prenalreres on January 07, 2020, 02:30:40 PM

Quote from: Areuinsane on January 06, 2020, 09:48:38 AM

Quote from: KarenW102 on January 06, 2020, 09:43:59 AM

Why Ethereum?

it is secured and has thousands of public nodes, that perform transactions. this eliminates the risk of the “51% attack”.plus Ethereum has a huge crypto community and a strong development team.

An obvious explanation but has anybody used Ethereum blockchain for energy projects? I don't think so.

A lot of projects really tried. Green mining, blockchain for energy, etc. Only few managed even to collect the necessary funds.

alekseymilberg

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Quote from: xsebax on January 06, 2020, 09:22:42 AM

Quote from: Areuinsane on January 06, 2020, 09:17:26 AM

Quote from: xsebax on January 06, 2020, 09:12:16 AM

Quote from: Areuinsane on January 06, 2020, 09:07:59 AM

The idea is promising, and I think if it is brought to the industrial level it will be very popular. But on the other hand, a power plant is an overwhelming cost, you need a staff of power engineers, and you also need to hang up mining equipment on them, for some reason.

whats Karvuon’s Industrial Park?

a power plant with a capacity of 200 MW and an annual energy generation of 1 752 000 MWh and solar and wind farms with a capacity of 100MW with an annual energy generation of 876 000 MWh.

why do they need so much money?

they do need so much money to build and develop all the power plants, crypto mining farms and earn on it.

caiasa

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Well, for now at least 95% of Mongolian energy comes from coal, so diversification is very important for this country.

K_Rustam1976

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Quote from: Alaa on January 06, 2020, 09:33:44 AM

Quote from: Diamond digger on January 06, 2020, 09:28:15 AM

It says in WP that Karvuon LLC is going to develop the Blockchain Data Center for the additional revenues. Does anybody know what are these “additional revenues” for?

they say they want to mine on green energy but they have a lot of coal and they will use it also. What’s the point in all of this?

Mongolia is a large coal producer so it soesn't have any sense to refuse from using coal right from the start.

mimimizhkad

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Quote from: Diamond digger on January 06, 2020, 09:38:15 AM

Quote from: Alaa on January 06, 2020, 09:33:44 AM

Quote from: Diamond digger on January 06, 2020, 09:28:15 AM

It says in WP that Karvuon LLC is going to develop the Blockchain Data Center for the additional revenues. Does anybody know what are these “additional revenues” for?

they say they want to mine on green energy but they have a lot of coal and they will use it also. What’s the point in all of this?

it is an initial revenue stream

Initial revenue stream that will be used for much more years after the Karvuon project launch, I'm sure.

caiasa

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What is the difference? karvuon can become the number one in this case, at least number one in Mongolia for sure.

prenalreres

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Quote from: Areuinsane on January 06, 2020, 09:48:38 AM

Quote from: KarenW102 on January 06, 2020, 09:43:59 AM

Why Ethereum?

it is secured and has thousands of public nodes, that perform transactions. this eliminates the risk of the “51% attack”.plus Ethereum has a huge crypto community and a strong development team.

An obvious explanation but has anybody used Ethereum blockchain for energy projects? I don't think so.

mimimizhkad

newbie

Activity: 6

Merit: 0

The alternative energy is not so popular in Mongolia right now, I think Karvuon project will bring it to the next level.

Oberosha

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Quote from: Alaa on January 06, 2020, 08:57:14 AM

Quote from: KarenW102 on January 06, 2020, 08:52:17 AM

Quote from: Alaa on January 06, 2020, 08:47:35 AM

Quote from: KarenW102 on January 06, 2020, 08:42:12 AM

Due to cheap electricity in China, large mining farms are often located near hydropower plants.

Just keep in mind that with the great potential of the terrain for the construction of hydropower plants, it is technically impossible to technically implement such a project. In some cases, a sheepskin will not be worth the dressing.

I’ve been studying this topic for a long time (power engineer by occupation), in world practice there are already underwater hydro generators that can be lowered into the water stream and fixed. The cable along the cable is brought ashore, where the stabilizer control cabinet stands. But they are expensive in price and probably in operation.

The Austrian Hydromining project at the ICO has already raised more than $ 2 million and this is not the end.

Can you give a link to this project, please? I guess it has failed. If yes, I have heard of it already.

prenalreres

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Quote from: KarenW102 on January 06, 2020, 08:52:17 AM

Quote from: Alaa on January 06, 2020, 08:47:35 AM

Quote from: KarenW102 on January 06, 2020, 08:42:12 AM

Due to cheap electricity in China, large mining farms are often located near hydropower plants.

Just keep in mind that with the great potential of the terrain for the construction of hydropower plants, it is technically impossible to technically implement such a project. In some cases, a sheepskin will not be worth the dressing.

I’ve been studying this topic for a long time (power engineer by occupation), in world practice there are already underwater hydro generators that can be lowered into the water stream and fixed. The cable along the cable is brought ashore, where the stabilizer control cabinet stands. But they are expensive in price and probably in operation.

So, do you think, this type of energy plants have no chance to succeed in Mongolia?

v_an89

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Mongolian energy is one of the cheapest in the world and the Karvuon project can take the best from this advantage.

Areuinsane

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Quote from: KarenW102 on January 06, 2020, 09:43:59 AM

Why Ethereum?

it is secured and has thousands of public nodes, that perform transactions. this eliminates the risk of the “51% attack”.plus Ethereum has a huge crypto community and a strong development team.

diemomowa

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Activity: 28

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What is the cost for 1kW of energy in Mongolia now? Is it bigger than in China, for example?

KarenW102

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Activity: 196

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Why Ethereum?

Topic: [ANN] Karvuon – More Power for the Blockchain Industry - page 20. (Read 6561 times)