What is Azultec?
Cryptocurrencies and the blockchain are not a trend that will fade again. We are aware of this fact and that is why we have been considering the consequences.
With the growing popularity of what is referred to as cryptocurrency mining, an increase in energy demand by mining computers can be observed. Fossil fuels are used to produce an overwhelming amount of energy needed for cryptocurrency mining, which has a negative impact on climate change.
azultec was founded because we identified a demand for an environmental-friendlier and energy-efficient solution for cryptocurrency mining as we want to offer amore sustainable solution.
The solution is the azultec Cube, a mining device whichfacilitates more than just energy-efficient mining: it is the most efficient cryptocurrency mining solution.Thanks to its versatility, the azultec Cube offers manyadditional applications in other fields, such as decen-tralized cloud storage, energy storage and more.
Liquid cooled mining computer: Thanks to liquid cooling, the mining computer performs more ef-ficiently, and the Cube requires considerably lessmaintenance. As the dust issue with air cooled min- ing computers is no longer relevant and heat gen- eration is reduced overall, the Cube works more ef-ficiently and offers a considerably longer operatinglife than comparable air-cooled mining computers. With its modular design, the Cube is extremely easy to maintain.
Recuperation: Whereas with traditional mining com- puters, a great deal of energy is wasted in the form of heat. With the azultec Cube, up to 72% of this energy can be reused thanks to recuperation. The Cube can be connected to the home heating system, making it possible to transfer the heat into the heat storage tank or heating circuit. Appropriate partners who can install the mining computer within a heating sys- tem are already available in Germany. Not only can the Cube be attached to a local heating system, but it is also possible to connect it to a photovoltaic sys- tem and to store the recovered heat energy.
Your personal super computer: The Cube can do considerably more than simply generate cryptocur- rencies. By equipping the mining computer with hard drives, each Cube can become part of a decentral- ized cloud storage system. Thanks to the high per- formance of the Cube’s hardware, it is also possible to use its computing capacity for rendering tasks in- stead of cryptocurrency mining, which can be way more lucrative than mining.
The ICO funds will be used to finance the productionand further development of the Cube. The prototypehas already been built and the delivery of the first Cubes is set for as early as the first quarter of 2019.
azultec was able to gain initial experiences by equip- ping mining farms with liquid cooled mining systems all over the world, for example in Dubai, Canada and South Asia. By converting the mining farms from air cooling to liquid cooling, the temperatures of the mining machines could be reduced by more than 25 degrees Celsius.
The ICO will take place in January 2019 and will allowregistered participants to purchase azultec’s Azul To- kens. The team members’ Tokens will be frozen for12 months; 50% of azultec reserves will be frozen for 6 months and the remaining 50% will be frozen for 12months. azultec is concerned with a long-term goal: to optimize crypto mining and make it more sustainable.