What is Zelos is How Does it Work?
Since the advent of cryptocurrency mining, there has been an arms race between miners in a bid to stay ahead of the competition. This has led to increasingly fast and increasingly expensive mining machines to enter the market, which has pushed crypto mining into fewer and fewer hands that can afford the massive costs involved — a consequence of which is increased centralisation and skyrocketing energy consumption.
Zelos aims to fix some of these problems by providing a network of mining pools that will divert mining power from huge mining companies and into the hands of the wider crypto market.
The way Zelos achieves this is by creating energy-efficient CSC containers that are mobile and able to be moved to countries with cheaper electricity costs to increase mining profitability margins. Zelos targets places with an overcapacity for power and pays to use their excess output — thereby reducing the impact of price fluctuations in power prices.
Zelos Roadmap and Goals
The project aims to deliver its app and integrated wallet by 2021, as well as committing to to launch a return program for investors by March 2021 and to continually reinvest profits into more containers to scale up the project.
|Pre-ICO Opening Date:||Sep 30th, 2020|
|Pre-ICO Closing Date:||Oct 18th, 2020|
|Pre-ICO Opening Date:||Oct 30th, 2020|
|ICO Closing Date:||Dec 01st, 2020|
|Country of Origin:||GB|
- Christoph-René Fischer - CEO
- Tatjana Fischern - Technical Operation
- Phillip Klodt - BackEnd/FrontEnd-Developer
Richard Buettner - Marketing Advisor