[ANN] Karvuon – More Power for the Blockchain Industry

[lestlithemont]

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.

[Kane34]

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

[onutunno]

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.

[dramnartaxbmis]

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

[kanischev2]

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

[RyBik]

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.

[svitoy1996]

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All these facts are real, but also Ethereum blockchain is outdated comparing to many others and has really uncertian future as well.

[onutunno]

Let's be honest: the buyback period for investing in Karvuon will be large, why the investors should risk their money and wait for many years then?

[dramnartaxbmis]

What do you call "Karvuon Smart Grid"? Are there any smart grids in Mongolia for now or you will have the first?

[RyBik]

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

Crypto project - a number one energy producer in Mongolia? Sounds too fantastic to be true.

[mhamadnur1986amr]

Can Mongolia catch the countries called "developed" one day? Or it's not real, what do you think?

[maykers]

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

I heard the solar energy can be even cheaper for this country so why not to make steps in this direction.

[pardwatewa]

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.

Agreed, a lot of money, a lot of years for the building and development, this project can be launched fully not earlier than in 2025, I guess.

[mhamadnur1986amr]

Did you see Karvuon project page on icobench https://icobench.com/ico/karvuon? It has a strong 4.6/5 rating there.

[onutunno]

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

I heard Austrian and Swiss are using cryptocurrencies for the green energy but Mongolians? I'm surprised.

[dramnartaxbmis]

IEO is good but more people will be interested when you launch the security tokens. Do you now have an estimated month of STO launch?

[Kane34]

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.

At first, karvuon will concentrate of cryptocurrency mining but then why not the export the rest of the energy to China, for example?

[inflorertho]

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

I heard Austrian and Swiss are using cryptocurrencies for the green energy but Mongolians? I'm surprised.

Yeah, Mongolians can become pioners implementing blockchain into the energy sector.

[conswarkingter]

That's not only about blockchain, it will be combined with the smart energy grids.

[naaameek]

Karvuon will also use SCADA blockchain platform to manage their energy ecosystem.