Arc Iris aims to undertake a next-gen integrated project for state-of-the-art cryptocurrency mining done in an environmentally responsible manner. It will provide safe long-term investment with upside cryptocurrency exposure, yet secure against cryptocurrency volatility by ensuring lowest operating costs. The project envisages utilizing Hydrogen technology to power the cryptocurrency miners.
We are creating a cost-effective and efficient cryptocurrency mining facility with robust infrastructure backbone. Cryptocurrency and Bitcoin mining will be powered by Hydrogen energy with sustainable and best practices.
The cryptocurrency mining industry has been revolutionary and trail-blazing in its formative years since the launch of Bitcoin in 2009. Mining can be done using various processing equipment depending on the kind of currency and the mining algorithm and protocols that they follow. Bitcoin needs very powerful equipments such as ASIC devices which can generate enough processing power to mine it profitably. Still, every kind of cryptocurrency mining needs huge processing power, and concomitant utilization of vast quantity of energy.
As the cryptocurrency mining industry is moving towards its maturity phase, its future seems bright and full of amazing developments. However, cost of operations, particularly the energy consumption, is a major consideration for the entire cryptocurrency mining industry. As the costs of energy or electricity have risen and continue to rise, only the mining operators who have very low energy costs overall can earn adequate returns on the capital invested. The energy costs are bound to rise further as the complexity and time consumption of the Bitcoin mining increases.
As the energy consumption of the crypto-mining industry has reached mind-boggling proportions, it is causing a very adverse impact on the environment. This is more so due to the fact that the crypto-mining industry is energized by electricity. Moreover, electricity is produced mainly using fossil fuels. The mining concentration in the countries with low social and environmental standards is further aggravating the situation. This is detrimental to the environment.
Arc Iris has an innovative and disruptive model to successfully tackle the environmental and other problems related with the cryptocurrency mining. We have worked out a solution which is a byproduct of structured water (hexagonal water) and it's splitting into hydrogen and oxygen. With the help of fuel cell technology developed by us, we can now drastically reduce the share of external electricity demand and thus the external electricity costs. This led to our concept of equipping fuel cell cryptocurrency server farms and offering them to our customers in the form. To make this possible, we have created a cryptocurrency ourselves - Arc Iris - ACI Coin - The Rainbow Currency. ACI Coin is based on the Scrypt POW algorithm.
Arc Iris Development Inc. is creating an energy-efficient cryptocurrency and Bitcoin mining operation by utilizing Hydrogen technology. We use the sophisticated cloud mining techniques to create the mechanisms that would empower everyone to become a cryptocurrency miner. Cloud mining offers the users the benefits of cryptocurrency mining without maintaining any mining equipment.
Arc Iris has optimized vertical integration along the value chain to attain the best operational results and efficiency in the asset management and cryptocurrency operations.
Arc Iris intends to utilize the latest blockchain technologies and environment friendly practices for creating a sustainable organization. Arc Iris has a solid financial plan and competitive strategy. The Arc Iris team comprises of highly experienced and qualified professionals.
The Arc Iris ICO Presale will start in the first week of October 2019. The ICO public sale will start in the last week of October 2019 and will continue to 31st of March 2020 or until our goal is reached. We aim to raise 15 million USD. Awesome crowdsale bonus would be available during the ICO, especially Pre-ICO.