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Press Release

Karvuon focuses on Mongolia’s key natural resources to establish sustainable blockchain infrastructure for global energy management

Reading Time: 2 minutes by on January 3, 2020 Press Releases

Blockchain meets renewable energy. While renewable energy has made its presence felt, the global demands continue to outpace the available supply of alternative sources such as wind, solar, and hydro. Reducing the planet’s carbon footprint has become another pressing issue, yet this is being further exacerbated by the massive drain placed by crypto mining.

In fact, Bitcoin mining consumes as much energy as the entire country of Switzerland over the course of a year, expending 0.21% of the world’s entire supply.

The key to meeting the exponentially rising need for efficient energy and fuel sources will be addressed through Karvuon LLC’s wholly-owned physical assets. This will be essential to building a massive Industrial Park slated for 2022 that will house processing and data centers, crypto mining farms, and efficient energy infrastructure.

The major undertaking includes a 200MW power plant that will power the Karvuon Blockchain Data Center and up to 500,000 mining machines, providing efficient, on-demand mining lending resources for public blockchains as well as simplifying blockchain adoption for side chains. Karvuon LLC will also construct wind and solar farms, boasting a total capacity of 100 MW.

The tokens purchased in the Karvuon tokens will purchase directly into the vision of this mining operation.

Their solution provides global clientele with more affordable, transparent energy resources for crypto mining processing and other industrial requirements. Blockchain businesses can even tap into Karvuon’s massive mining processors to keep blockchains running at full capacity while minimizing their carbon footprints.

The Karvuon Smart Grid will replace outdated mode of energy management in both local and global societies, particularly in underdeveloped regions to provide a seamlessly integrated energy control platform. Payment, scalability, security, and a uniform payment solution are all accomplished through the implementation of a blockchain platform.

Real-time operations are all achieved through the SCADA (Supervisory Control And Data
Acquisition), which will ensure all infrastructure is up and running at optimum efficiency. This live database will feed operators with the critical information needed to prevent and mitigate any potential energy-related issues.

ProBit Exchange will hold Karvuon’s IEO Launchpad on January 13th featuring utility KVN tokens representing 1 kW of energy along with P2P transaction capabilities. The exclusive Launchpad Premium IEO offering has helped projects carefully selected from a long list of applicants deliver ROI several times over for early purchasers through primary and secondary offerings.

About Karvuon

Karvuon will build a state-of-the-art industrial park in Mongolia which is rich in land and resources. The main goal of the facility is to provide the entire blockchain industry with a sufficient amount of power and establish a highly profitable company for our stakeholders.

The Karvuon Smart Grid is an integrated solution system to be developed at Karvuon LLC. It will act as the main control panel for all participants in the grid and aims to meet the business objectives of both major and minor players of energy production and consumer demand by offering a smart, cost-effective solution.
https://www.karvuon.com/

About ProBit Exchange

Probit Exchange has completed almost 160 rounds of IEO and has raised multiple rounds of sell-out IEOs.
ProBit Exchange is able to support an IEO with more than 5 currencies, multiple sales round, different bonus rates, and various lock-up structures. The funds received are stored with the same high-level protections that ProBit Exchange uses for exchange’s deposits.
Preferential listing treatment is given to projects that conduct IEO on ProBit Exchange. For more information on running an IEO on ProBit Exchange, please send an email to [email protected]
ProBit Global: www.probit.com
ProBit Korea: www.probit.kr
Official Telegram channel: https://t.me/ProbitEnglish

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