[ANN] [WEMcoin] Wind Energy Mining. Green Energy – Green Mining. 
It is difficult to imagine modern life without electricity - it is needed almost everywhere. However, electricity production has its negative side. The use of fossil energy resources results in rising levels of CO2 in the atmosphere and, subsequently, climate change. In recent years, rather than decreasing, electrical power consumption continues to grow, and new kinds of consumption appear.
Cryptocurrency mining - an essential for the functioning of the network but an extremely energy intensive coin generation process - has become one of such kind. High energy consumption has caused restrictions imposed on mining.
There is no doubt that we need to re-evaluate our attitude towards the production and use of electricity. The transition to renewable energy sources is the only possible solution.
At the same time, the electricity producers face reluctance of bureaucratic entities and political elites, closely related to oil and gas monopolies, to support green production. The possibilities of producers are limited by the energy regulating bodies, new unreasonable requirements are introduced, and the production becomes impossible in principle.
Our company, ETB Ltd., has been dealing with wind electric energy production in Latvia for more than 10 yearsThe company owns 7 wind-driven electric power stations with total capacity of 4.5 MW. The geographical location of our wind power stations lets produce electricity throughout the year.
As a solution of these issues, we consider broadening the scope of activity of our company and creating a model in which renewable electricity is used for cryptocurrency mining, and proceeds from the cryptocurrency sale are invested in the further development of renewable electricity production. This model will let explore perspectives for production without state aid. The transition towards such a funding model will considerably improve the possibilities of the company and would become an incentive for the development of a new, blockchain-based, electricity production and trade scheme.
The combination of mining and electricity production has an additional advantage. Electrical energy demand within 24 hours is uneven: there are peak demand hours, and there are hours when the demand is low, but production remains the same. Electricity accumulation might resolve the problem. However, by now, it is technically impossible to accumulate a great amount of electrical power in order to provide it to the grid later, because there are no sufficiently large, inexpensive, high-performance accumulators that would perform the task and would not affect the electricity price. The alternative is either to reduce production or to create artificial energy consuming facilities. Consuming electrical power at the time when it is not used, mining rigs can effectively serve as such facilities. The imbalance between the demand for and supply is thus regulated through mining, which eventually has a beneficial effect on the electrical grid.
Within the project, we plan to increase the capacity of our renewable resource park and install containers with ASIC units next to each wind power station. The obtained cryptocurrency (BTC, LTC, ETH, Zcash, Dash etc.) will subsequently be sold at an exchange, and provide funding for the further development of the project.
We offer you the following options:
- your own mining rig collocation on the territory of the wind park;
- use of the wind electricity directly from a producer.
WEMcoin, which is released specially for this purpose, will serve as a means of payment for the services provided by our company.
WEMcoin is an ERC20 token on the Ethereum blockchain
WEMcoin is the functional token of the project and is intended to serve as:a means of payment for renting a place for mining equipment;
a means of payment for electricity;
After its release, WEMcoin will be on sale on cryptocurrency exchanges
To date, you can buy WEMcoin on Forkdelta.
The detailed information is available on the official website of the project www.etb.lv
The WEMcoin price will depend on the exchange rates.
Partners:www.belovitlab.ruwww.smartcontract.ruConnect us: We are on
FacebookTelegramTwitterOfficial website
www.etb.lv 
