InStar Energy Lab

Long term goal

These positive and competitive conditions allow us to plan deployment of containerized solutions for blockchain data processing. Assuming large scale operations and low cost energy sources it is highly stable profitable business even though in the long term profit margins due to fierce global competition have asymptotic tendencies.

Problems

In 2018, 5 TWh of electricity from wind farms in Germany could not be produced because the electricity grid was full (turbines turned off)

it's about the same as the annual electricity consumption by 2.5 MILLION households

and this problem concerns not only Germany, but many other countries with a large number of power plants based on renewable energy sources.

Although Poland is still investing in Energy SOURCES, the THREAT of blackouts is still very real. This problem is even more serious in less developed countries.

PSE, the country's energy network operator, runs the DSR (Demand Side Response) program, in which it pays large consumers for their willingness to disconnect their RECEIVERS whenever PSE requests it (when there is a risk of possible network overload).

The DSR program is used to stabilize the energy network, but few companies can afford to suddenly stop all energy-consuming processes (for a few hours) - in 2018, less than 2% of the received power participated in the program.

It is estimated that the Bitcoin (and other cryptocurrency) mining process is responsible for 1% of global energy consumption. Some sources state that almost ¾ of this energy comes from renewable sources

the vast majority of the generated energy is emitted as heat In the process of cryptocurrency mining,

Although the process of global adaptation of Bitcoin is unlikely to stop, there is a problem of negative perception of the mining process, also in the context of wasting generated heat energy.

Our Team

Lech Wilczyński

CEO

Expert in the field of Blockchain technology, speaker, winner of the Creative in Business award, graduate (with honors) of the Polish-Japanese Academy of Information Technology, president of the board of Inpay S.A. He is the President of the board and at the same time Blockchain consultant and a mine of ideas.

Andrzej Żurawski

CFO

Entrepreneur, computer scientist, doctoral student and lecturer at the Institute of Computer Science and Digital Economy of the Warsaw School of Economics, managing partner at Innovation Spinaker. He participates in the project primarily as a technical advisor and deputy project coordinator.

Sławomir Więch

CIO

Senior programmer and system architect, experienced IT project manager, a graduate of the Polish-Japanese Academy of Information Technology, has been working in the fin-tech industry for several years. He participates in the project primarily as the head of the software development department. Member of the Supervisory Board.

Kamil Puszczyński

COO

Operational Director and project manager. He studied at the Warsaw University of Technology and the Warsaw School of Economics. Ambitious manager and entrepreneur, strongly IT-oriented. In the project, in addition to the management role, he is responsible for technical aspects related to cryptocurrency mining.

Mateusz Kowalczyk

ADBO

A graduate of electronics and computer engineering at the Warsaw University of Technology, a specialist in the design and implementation of IT systems and Blockchain technology. He participates in the project as a Blockchain consultant and idea initiator. Member of the Supervisory Board.

Tomasz Marczuk

Advisor

President of Innovation Spinaker, professionally in recent years associated with the market of consultancy and services in the field of loyalty, payment instruments, marketing and sales, finance, investment. He participates in the project as an advisor in the field of finance and marketing.

Grzegorz Sułkowski

IT Admin

A graduate of the University of Warsaw, an experienced IT system administrator with many years of practice, a specialist in data cloud-based solutions. He participates in the project as a network architect, administrator and DevOps specialist.

Krzysztof Piech

ABDO

20+ years of teaching experience; 5 years in bitcoin, 2 years in blockchain, 15+ years in quantitative analyses. Scientific knowledge of business cycles and crises, macro modeling, innovation, ICT, e-business.

Asked Questions

Producers of energy from renewable sources - windmills, photovoltaics, hydroelectric plants, geothermal and classic - nuclear, coal and gas power plants
2019 is the tenth consecutive year when the value of global investment in the RES exceeds $ 200 billion
Large production plants that can achieve synergies (e.g. sawmills, malt houses, agricultural processing plants)
Especially large sawmills often have their combined heat and power plants, which can be used to power the container data center
Owners of large retail and service areas - a typical large shopping mall has 2 MW boilers installed and an electrical connection for several hundred kilowatts of power
Professional cryptocurrency mines and traditional server rooms (proprietary optimization software)
The global data center market is growing by an average of 11% per year.
Total annual revenues from mining cryptocurrencies exceed $ 6 billion, while the cost of electricity consumed is slightly above $ 3.5 billion

sales of software for managing and optimizing the work of a computing center (SaaS or box model) !
integration and sale of container DATA CENTERS (partnership with a hardware company) DIRECT sales or rent model
advisory and consultancy in the field of building and using Blockchain container server rooms
until the product launches - earning on cryptocurrencies mined at the company’s R&D center
after selling a sufficient number of mining containers, we will be able to become an aggregator of the DSR system and earn on commissions from other entities participating in the system

We are building a research and development center (CBR), for which we received a grant from the Ministry of Investment and Development (the value of the project exceeds CHF 2.5 million)
As part of the project, we buy and install over 1,000 servers for Blockchain transaction authorization and infrastructure for them
Tests are carried out on this equipment with the goal of two things: developing a container prototype and optimization software
A side effect of servers WORKING is significant profits from mining cryptocurrencies, at a target scale of over CHF 50,000 a month (at today's BTC rate)
We are already operating at a 1 MW solar farm and considering moving to 1.5 MW biogas plant with cheap energy
We also consider building a 1MW cogeneration plant to significantly reduce the price of electricity and explore potential synergies
We have letters of intent from well-known Polish energy companies interested in implementing our product

In the first 2 years, the main source of revenue will be cryptocurrency mining taking place in parallel with the rest of the work of the R&D center. Careful calculations indicate possible ANNUAL profits between CHF 0.5 and 0.75 million
the analysis is based on OUR experience, own studies (we have been analyzing the cryptocurrency market for a year) and data available on the Internet
In the following years, we assume a decreasing profit from cryptocurrency mining (depreciation of owned equipment) and a growing profit from product sales (technology and containers)
Profitability is strongly dependent on the BTC rate and electricity prices