Interviews

CoinGeek

Nathanael Draht explains how Azultec can benefit miners, renderers

In an interview with Stephanie Tower of CoinGeek, Nathanael Draht explained that Azultec is looking to bring the next generation of mining and rendering computer to the market. This, while offering a supercomputer that is eco-friendly and works with the needs of the business.

Draht, the founder and CEO of Azultec, explains that the company came together out of the vision of a trio of already established companies. “We started last year but it’s based on three companies that have existed for more than 10 or 15 years. We have put our knowledge together to make this project happen.”

Azultec was created to provide a more affordable and successful means for people to be able to mine for cryptocurrencies. Draht explained that most people and companies purchase massive hardware systems, which rarely produce the kind of results that make the investment worthwhile.

This is where Azultec can be a difference maker. They provide a liquid cooled computer that draws 30% less energy than most of the top supercomputers on the market and is built to take advantage of the energy it is producing. In fact, the CEO explains that its eco-friendly design actually makes it a more efficient system.

“It is eco-friendly because it can reduce the heat for your home heating system,” he said. “So, whenever you take a shower or you need warm water for whatever purposes, it comes from the water storage tank that is continually heated up by the heat exhaust from the supercomputer.”

Draht and his partners are encouraging eco-friendlier mining by creating a system that combines the latest technologies, to move people from mining to the more lucrative option of rendering.

“The main thing is about the income and cost balance. What we found out is that rendering is the future, because with mining as it is at the moment you cannot really make money,” Draht began to explain to Tower. “Everybody needs a big amount of computing power so they are paying for it and it is much more efficient to not use your own supercomputer but to get the resource from the Internet. So, what we basically do is that a big company pays for it and it is divided to many computers that will render it in a network.”

This is much more lucrative, according to Draht, as it allows users to take advantage of systems that others have developed. “Similar to mining, it is like a mining farm, a decentralized mining pool, rendering pool, and you can have it in your home and be part of it, and when it comes that a rendering job comes you can jump in you can make maybe 5% or maybe 1% of it, 1% of what the company pays.”

In essence, it allows the user to get the cloud resources they need, only paying for what they need.

This is a great option for consumers and for Azultec, something that could revolutionize crypto mining. But the company is not done there. They are already in the design phase of creating systems that will provide cheaper electricity and store larger amounts of energy from the sun and wind.

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