Company to Open Mining Centers in Unused Buildings Across Swiss Alps to Reduce Energy Costs

A company believes it has found a way to reduce the impact that blockchain-driven businesses and mining for cryptocurrencies have on the environment: open specialist facilities in the Swiss Alps.According to Swiss Alps Energy AG - or SAE for short - the energy-intensive nature of mining is one of the biggest issues facing the blockchain community today.

Its proposal would see mining power and blockchain infrastructure installed in empty premises across the Swiss Alps in the form of a "Sophisticated modular cube system." The company claims these pre-fabricated structures are flexible, automated and require little maintenance, with a central management platform ensuring that each cube's mining potential is maximized.

The Swiss Alps Mining cubes would be based at locations with a high altitude, with an intuitive system known as the Organic Rankine Cycle recovering energy by using up the heat that is wasted during the mining process.

Switzerland: "Growing into the center of blockchain"SAE says there are many reasons why Switzerland has become an attractive destination for mining.

Not only is the country safe, with its market growing to accept the potential of blockchain and cryptocurrencies, but it boasts a "Good and cheap supply of renewable energy." The company says that long-term, wholesale purchasing agreements - when coupled with its very own hydropower plants - could result in "Highly profitable" mining, especially considering that one of its biggest costs would be greatly diminished.

The company plans to rent out entire SAM cubes, or part of their capacity, to individuals and businesses - with option to make a purchase.

Those who buy a SAM cube would be able to operate it remotely in the Swiss Alps or deploy it elsewhere.

Under a separate service, its customers would also be given the opportunity to join SAM Smart Mining - also known as SamaiX. This artificial intelligence system would regularly perform calculations to establish which coins can offer the greatest profitability when mined, with users receiving recommendations so they can adjust their strategies accordingly.

Preserving Swiss cultureSAE believes that its solution could help preserve Swiss cultural heritage - creating an incentive for old buildings and structures to be saved from decay.

The company hopes to begin renting further buildings, and start leasing cubes for the first time, in the coming months - paving the way for cubes to go on sale at the end of this year.