[ANN] [WEMcoin] Wind Energy Mining. Green Energy – Green Mining.

[ANN] [WEMcoin] Wind Energy Mining. Green Energy – Green Mining.It is hard to imagine what we would do without electricity - it supports almost all processes necessary for normal life. However, the electricity production has its negative effects.  The use of fossil energy resources results in rising levels of CO2 in the atmosphere that becomes the cause of the greenhouse effect, and subsequently, climate change. Electrical power consumption is steadily growing, new kinds of consumption appear, and cryptocurrency mining has more recently become one of such kind. Mining consumes an enormous amount of electricity that can be compared with the consumption of individual countries. This particular issue has become one of the reasons for restrictions imposed on the cryptocurrency 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 the issues, we consider creating a model in which renewable electricity is used for cryptocurrency mining, and the proceeds from the cryptocurrency sale are invested in the development of green electricity production. This model will let explore the possibility of effective green power production without state aid. The transition to such a funding model would improve the possibilities of producers and become an incentive for the creation of a new, blockchain-based, electricity trade system.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 GPU and 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 also offer those wishing to an opportunity to install their own mining rigs on the territory of our wind park, and to use green electricity directly from its producer.WEMcoin is an ERC20 token on the Ethereum blockchainWEMcoin 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 renting mining capacities;a means of payment for electricity;a medium of exchange when selling mined cryptocurrency1 kWh of electricity = 0.1 WEMcoinAfter its release, WEMcoin will be on sale on cryptocurrency exchangesTo dat