I don't know I wish them success since they are from my home town but the idea of putting 90 ASIC miners in a container and claiming with 25% reinvestment budget they can compete with large industrial mining farms, in a time difficulty goes up while new miners come every few months, and promising 160% profit in the first year, is RIDICULOUS. They clearly don't understand how the mining industry works. Bitmain D3 and L3+ miners for example barely make profit.
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I do agree with you there, but that will not be their only revenue stream - they will also be looking at giving electricity to houses too, which is a huge market if you can undercut competitors and eliminate middle men through the blockchain.
Also, if you read in to how much energy is actually left surplus by certain renewable energy factories it is enormous. Although I am still unsure if Envion will succeed, I think that they will do well, depending on what they mine and how difficult it becomes.
Yup I agree let's see time will tell.