The popularity and demand for cryptocurrency continues to grow. With that comes the need for people to mine cryptocurrency. Scavo Technologies is developing an environmentally friendly cryptocurrency mining operation. Over time, the difficulty of mining cryptocurrency generally increases.
This causes an increase in the use of electricity to mine coins. At present, there is a large amount of electricity used to mine coins throughout the world. To be environmentally friendly, a green energy source is needed. Scavo Technologies is located in Argentina, and they plan to build independent mining sites using renewable energy such as sun, water and wind.
About EXCAVATION:
The commercial model of the SCAVO token is the base for SCAVO technologies. SCAVO tokens acquired by the investors have other values. These tokens of the investors symbolize their part in the mining farm. So these tokens bring them to profit from the mining farm for life. They aim to build self-sustaining and scalable mining centers using renewable resources for power generation. The distribution of SCAVO tokens in the Initial Coin Offering will bring financial strength to SCAVO technologies. Then, they will finance the construction of the entire system of mining center. The estimated maximum amount of money raised will be 83,600,000 dollars. And the minimum amount will be 500,000 dollars. SCAVO technologies is a company based in Argentina. They specialize in the construction of telecommunications data center infrastructure for crypto mining using renewable resources. They aim to build the large-scale crypto mining farm of Bitcoin and altcoin.Benefits & Feathers:
Scavo Technologies specializes in creating a data center infrastructure for cryptomaming using renewable resources, which is very relevant at the moment.
Scavo Technologies offers a scalable, intelligent, environmentally friendly solution that maximizes the use of energy resources with a "zero carbon footprint."
Currently, to deal with cryptomining is hampered by a number of problems, such as the cost of equipment, the cost of electricity, the centralization of mining declining profitability ...
Scavo Technologies has found an approach to solving these problems, which is based on the concept of "Industry 4.0" - it is an intellectual, self-governing, unique and innovative solution in the market. Unlike competitors, Scavo technologies solves the main problem - the cost of electricity.
To get electricity with very low costs, Scavo Technologies developed its own technology - a hybrid solution for generating electricity by combining various sources of electricity (solar, wind, water and biomass). This technology is able to fully meet the needs of the entire complex mining on an independent basis.
The initial offer of coins (ICO) will allow Scavo technologies to carry out large-scale mining operations in full measure by building a power plant that will use renewable energy sources. This will allow investors to maximize their profits and get various benefits in the short, medium and long term.
Challenge:
The energy supply is the major dependent of the crypto mining business. Thus, price and availability of electric power are important for the crypto mining. This has led to the search for low-cost energy in the mining operations. The main way is to get energy from fossil fuels. This action of countries with low socio-economy has led to climate changes and harmful effects. Dirty energy supply along with some countries intervention in mining has caused manipulation. This has opened miners into problems of fluctuations in energy prices and regulatory changes. SCAVO aims to use conventional energy independently by generating energy from renewable energy sources. This mainly focuses on solar energy. Thus, SCAVO is a climate-friendly platform. It is more profitable and decentralized.Conclusion
With the vision to focus on self-sustainability, scalability and giving everyone the possibility to be an active part in decision making SCAVO ensures the future of blockchain technology. SCAVO intends to remove imbalance supply of energy and provides unbalanced distribution of energy over time and space. Thus, it will be another solution for the different energy prices in the market. Their own power generation stations are a long-term investment. Those who are willing to invest in the SCAVO project can have lifetime profit.
For more information, visit the link below:
ICO NAME | EXCAVATION |
---|---|
Website | https://scavo.farm/ |
WhitePaper | https://scavo.farm/download/WhitepaperEnglishv1.15.pdf |
https://twitter.com/SCAVOTech | |
Telegram | https://t.me/SCAVOTech_English |
https://www.facebook.com/SCAVOTechnologies/ | |
ANN Bitcointalk Thread | https://bitcointalk.org/index.php?topic=4832228.new#new |
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