What is Cryptocurrency?
Simply stated, cryptocurrency can be understood as digital currency. Different from conventional currencies, cryptocurrency can be used for virtual transactions or internet-based networks. To maintain security, cryptocurrency will be protected by complex passwords. Furthermore, this digital currency is decentralized.
That is, there are no parties who become intermediaries in a transaction. Payments made using digital currencies are carried out on a peer-to-peer basis, that is, from the sender to the recipient. However, all transactions carried out remain recorded in the existing system on the cryptocurrency network. The recording is done by a cryptocurrency miner and will receive a commission in the form of digital money used. Because it is decentralized, cryptocurrency requires computers with special and sophisticated specifications.
In general, use the Blockchain platform so that digital currencies can be used for transactions. You can understand Blockchain like a big book that contains a database, anyone can access this platform even though there is no virtual money transaction at all.
The Iiris Hydrogen Arc Ecosystem is the first mining project in the world to protect the environment through a unique energy concept, making bitcoin mining not only very profitable, but also environmentally friendly through the use of innovative technology, utilizing the forces of nature.
Arc Iris aims to carry out the next generation integrated project for sophisticated cryptocurrency mining which is carried out in an environmentally responsible manner. This will provide a safe long-term investment with reverse cryptocurrency exposure, but safe against cryptocurrency volatility by ensuring the lowest operating costs. This project envisages utilizing Hydrogen technology to power cryptocurrency miners. We create cost-efficient and efficient cryptocurrency mining facilities with a strong infrastructure backbone. Cryptocurrency and Bitcoin mining will be powered by Hydrogen energy with best and sustainable practices.
The cryptocurrency mining industry has been revolutionary and extraordinary in its formation years since the launch of Bitcoin in 2009. Mining can be done using a variety of processing equipment depending on the type of currency and mining algorithm and the protocol they follow. Bitcoin requires very powerful equipment such as ASIC devices that can produce enough processing power to mine it profitably. However, each type of cryptocurrency mining requires a large processing power, and the utilization of large amounts of energy simultaneously.
Iris Arc - Hydrogen Mining:
Iris Arc aims to carry out the next generation integrated project for cryptocurrency mining which is carried out in an environmentally responsible manner. This will provide a safe long-term investment with reverse cryptocurrency exposure, but safe against cryptocurrency volatility by ensuring the lowest operating costs.
Utilize Hydrogen technology to drive cryptocurrency miners. We create cryptocurrency mining facilities that are cost effective and efficient with a strong infrastructure. Cryptocurrency and Bitcoin mining will be powered by Hydrogen energy with best and sustainable practices.
Mining can be done using various processing equipment depending on the type of currency and mining algorithm and the protocol they follow. Bitcoin requires very powerful equipment such as ASIC devices that can produce enough processing power to mine it profitably.
However, each type of cryptocurrency mining requires large processing power and the utilization of large amounts of energy simultaneously. As the cryptocurrency mining industry moves into the maturity phase, a bright future is filled with extraordinary developments.
Energy costs will definitely increase due to the complexity and time consumption of Bitcoin mining. Because the energy consumption of the crypto mining industry has reached confusing proportions, it has a very bad impact on the environment.
This is more due to the fact that the crypto mining industry is energized by electricity. In addition, electricity is produced mainly using fossil fuels. Mining concentrations in countries with low social and environmental standards make the situation worse.
This damages the environment. Arc Iris has an innovative and disruptive model for successfully addressing environmental problems and other issues related to cryptocurrency mining. We have devised a solution which is a by-product of structured water (hexagonal water) and is divided into hydrogen and oxygen. With the help of developed fuel cell technology, we can now drastically reduce the use of external electricity and thus the cost of external electricity being more efficient.
To enable this, we have created our own cryptocurrency - Iris Arc - ACI Coin - The Rainbow Currency. ACI Coin is based on the POW Scrypt algorithm. Arc Iris Development Inc. creating cryptocurrency and Bitcoin mining operations that are energy efficient by utilizing Hydrogen technology. By using sophisticated cloud mining techniques to create a mechanism that will empower everyone to become a cryptocurrency miner.
Cloud mining offers users the benefits of cryptocurrency mining without maintaining any mining equipment. Iris Arc has optimized vertical integration along the value chain to achieve the best operational results and efficiency in asset management and crypto currency operations. Arc Iris intends to utilize the latest blockchain technology and environmentally friendly practices to create sustainable organizations.
Arc Iris has a solid financial plan and competitive strategy. The Iris Arc team consists of highly experienced and qualified professionals. ICO Presale Iris Arc will begin in the first week of December 2019. ICO public sales will begin in the first week of January 2020 and will continue until 30 April 2020 or until our goal is reached. We aim to collect 15 million USD. An extraordinary crowdsale bonus will be available during ICO, especially Pre-ICO.
Total annual electricity consumption is estimated at 73.12 TWh, which is comparable to Austrian power consumption. This shows a very high growth from the estimated total annual electricity consumption of 9.5 TWh in January 2017 to a total annual electricity consumption of 73.1 TWh in September 2019.
According to the Bitcoin Energy Consumption Index, Alex de project Vries, a blockchain specialist at PwC, annual global mining costs $ 3.66 billion, with revenues of $ 7 billion. The Bitcoin Energy Consumption Index Model predicts that miners will eventually spend 60% of their income on electricity.
At present, the maximum proportion of miner income, which is $ 2.3 billion, is spent on electricity costs. Alex de Vries sets the price per kilowatt at 5 cents and states that in many places energy is cheaper, for example, the regular price for coal-based electricity in China is 4 cents per kilowatt-hour.
Problem:
Problems On our planet, there are always the most diverse cycles and events, which are partly triggered by nature itself, but also by the inhabitants themselves who experience development. In the history of the past two centuries, humans have triggered an industrial revolution that has put the planet's resources in a critical situation.
The biggest problem for the mining industry may not even be its large energy consumption, but the fact that most of the cryptocurrency mining facilities are in the area. In early 2009, the crypto mining industry was a small and extensive network of several thousand private miners. Their activities are limited and their power requirements are low. However, at present, this situation has changed dramatically and drastically.
The unprecedented and exponential growth of cryptocurrency in the past has caused a very sharp increase in energy consumption. The entire Bitcoin network now consumes more energy than a number of countries. The average emission factor from the Chinese network is around 700 grams of carbon dioxide equivalent per kilowatt-hour, this can be used for a very rough estimate of the carbon intensity of the power used for Bitcoin.
Systemic Risk and Volatility:
One of the biggest challenges for cryptocurrency mining may be due to the unstable nature of cryptocurrency prices. This can be a major factor in preventing miners from continuing mining activities because this price instability can cause huge losses for them. And the high cost of equipment is another problem faced by cryptocurrency miners. ASIC devices reach thousands of dollars. Also, mining rigs often consist of several ASICs - and the costs of all this equipment put together can be very high.
Solution:
The Iris Arc model has an innovative model that manages to overcome environmental problems and other problems associated with cryptocurrency mining. In the energy sector, this is a rediscovery of water as an energy source. It uses elements in the water itself, which ensures a clean and environmentally friendly energy supply. We now have the opportunity, to access this energy almost indefinitely technologically and methodically! In recent years, the availability of currencies has also changed as a result of the limited and stock market orientation triggered by banks.
Seeing new forms of money and currencies in a new context has brought cryptocurrency as a solution, creating new pathways. However, it turns out, the system that produces the currency itself is limited by high energy costs. Here we have found a solution that invalidates this limitation.
It is a by-product of structured water (hexagonal water) and broken down into hydrogen (now a medical device popular as molecularly dissolved hydrogen in water) and oxygen (in combination with Brown gas coveted by hydrogen for detoxification and welding technology, in emergency medicine as measure of respiratory disorders).
With the help of developed fuel cell technology, we can now drastically reduce the use of external electricity. This leads to the concept of completing fuel cell cryptocurrency server services and offering them to customers. To enable this, we have created our own cryptocurrency - Iris Arc - ACI Coin - The Rainbow Currency.
We can provide this energy technology in the short term. It should be noted that this form of energy will also apply in many other fields. There are also projects that allow people in Africa to drink clean water again, and also to provide energy for kindergartens, schools, and hospitals, thus significantly improving their quality of life.
HOW TO MAKE CRYPTOCURRENCIES:
WITHOUT YOUR OWN HARDWARE
Using our unique, Smart Mining Cloud Facility That Is Cost Effective And No Threat To Our Environment! Join Us Today And Start With The Power Of A Free Hash!
Industry Overview and Industrial Markets
cryptocurrency mining has been revolutionary and remarkable in its formation years since the launch of Bitcoin in 2009. As the mining industry moves into its maturity phase, its future looks bright and full of extraordinary developments. However, operating costs, especially energy consumption, are a key consideration for the entire cryptocurrency mining industry.
Why Choose Iris Arc:
The latest sophisticated mining hardware
The fastest mining hardware
Low operating and maintenance costs
Cheaper hardware due to large scale purchases
Nice user interface
Alternative currency mining (Altcoin)
Reliable and reliable mining partners
The facility to transfer mining power to mine the cryptocurrency available with us gives you the flexibility you need to take advantage of growing market opportunities.
Negligible downtime because various technicians handle ongoing mining operations and resolve any issues instantly.
An honest and transparent cloud mining service
There are no heavy initial costs for cloud mining users who do not require large investments in setting up their own mining operations.
Mining output is straightforward even for new users who use cloud mining contracts, thanks to the hardware that is already running
There is no loss for cloud mining users due to obsolete hardware.
No need to hire technicians to maintain the hardware
There are no hassles or problems associated with the mining operation itself such as heating, loud noise, etc.
Responsive and fast customer service
Iris Arc Multi-Currency Wallet:
Arc Iris Wallet Features: SECURE - Private keys are stored only with the user to ensure maximum security. HD Wallet - Arc Iris supports the Hierarchical Deterministic (HD) wallet which is equipped with 2 FA.
HD Wallet, based on a 12-word master key and a 128-bit random value system, provides extra security against attacks. CCSS - Cryptocurrency Security Standards (CCSS) involve 10 aspects of security to ensure that customer and cryptocurrency transactions are held with a high level of transparency and security.
Cold Storage - This makes private keys offline and online with a fair watch wallet. Multiple Digital Asset - Arc Iris supports ACI, BTC, ETH, LTC, ZEC, and all ECR20 tokens. More digital assets continue to be added. Paper Wallets - Arc Iris supports paper wallets. Iris Iris Wallet will be launched in January 2020. Iris Iris Wallet is equipped with 500 ACI Coins for the first 10,000 downloads.
WALLET FEATURES:
ARC-IRIS The ARC-IRIS wallet will be launched in January 2020
PROTECT NATURE AND IMPROVE YOUR MINING POTENTIAL
WHY DO I HAVE TO BUY ACI-COIN?
REFERENCE PROGRAM:
Use the Arc-Iris Referral Link and share with friends and colleagues and get the following prizes
TOTAL-SUPPLY: 10 000 000 000
ICO-SUPPLY: 1 000 000 000
PRE-SALE COIN INFO: December 1 2019 - December 31 2019 - 1 ACI = $ 0.025
CROWD / ICO SALES:
01 January 2020 - 31 January 2020 - 1 ACI = $ 0.05
01 February 2020 - 29 February 2020 - 1 ACI = $ 0.06
March 1 2020 - March 31 2020 - 1 ACI = $ 0.07
April 1 2020 - April 30 2020 - 1 ACI = $ 0.08
ICO-DISCOUNT:
DISTRIBUTION OF EARLY COIN SALES CONTINUE OUR ALLOCATION FROM THE ROAD MAP:
With the help of our team, contributors and investors, this is a milestone we want to achieve
Q2 2019
Project Conception and Market Analysis
Q3 2019
ICO Team Planning and Formation
Q4 2019
Launch of Pre-ICO and ICO
Q1 2020
Starting from the Development Activity
Q2 2020
Development and Launch of the Beta Phase
Q3 2020
Launch of Mining Operations
Q4 2020
Marketing and Publicity Campaign
For more detailed information, please visit the link below:
AUTHOR:
Username:Sumurbor
Email: Sumurbor39@gmail.com
ETH Address:0x748bd5a5753587937fAC0e726B384bDbD2870644
