wiss Alps Energy AG is the first company with a revolutinary solution to save up to 50% of its electricity costs by using mining cubes powered exclusively by renewable energy and ORC recovery of waste heat from the mining equipment. This represents a solution for a global problem facing the industry. The much lower boiling point of water at high altitudes where the cubes are positioned makes energy recovery considerably more efficient. This makes mining significantly more profitable, protects Swiss cultural heritage, and saves energy.
Swiss Alps Energy AG will hold an Initial Coin Offering (ICO) in June 2018. The funds raised in the ICO will be used to finance the development and expansion of the mining facilities and to acquire holdings in hydropower plants.