Energi Mine

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Energi Mine

Company type| Private Corporation
Industry| Blockchain
Founded| 2016; 9 years ago (2016)
Headquarters|

Ashton-under-Lyne, England

Area served

| Worldwide

Key people

| Omar Rahim (Founder, CEO)
Website| energimine.com

Energi Mine is a United Kingdom based blockchain technology company, that develops products in the energy management sector.[1][2] It uses deep learning artificial intelligence models to trade and manage energy.[3][4] In February 2018, Energi Mine completed an initial coin offering (ICO).[5][6][7]

Energi Mine has a blockchain-driven platform that decentralizes the global energy market by incentivizing energy conservation.[8] Consumers and organisations are issued with ETK Tokens to reward energy efficient behavior.[9] The tokens can be used to pay electricity bills, buy energy-efficient appliances and take public transport.[citation needed]

The company was founded in 2016 by Omar Rahim, who serves as its CEO.[10][11][12] Energi Mine was covered in the news when it appointed an AI robot, Sasha to its management board to make algorithmic decisions.[13][14]

## References

[edit]

1. ^ Aitken, Roger. "Leveraging Bitcoin & Blockchain For 'Solar Power' Sun Exchange Scores $1.6M From U.S. Investors". Forbes. Retrieved 2018-02-19.
2. ^ "Silicon Valley tech entrepreneur joins Energi Mine". BusinessCloud.co.uk. December 2017. Retrieved 2018-02-19.
3. ^ Roue, Lucy (2017-08-15). "Oldham entrepreneurs behind Energi Mine use artificial intelligence to trade". Manchester Evening News. Retrieved 2018-02-19.
4. ^ Curtis, Sophie (2017-10-09). "Humans will be banned from driving cars within the next 25 years, expert claims". mirror. Retrieved 2018-02-19.
5. ^ Stark, Harold. "Brilliant Startups Are Using ICOs To Revolutionize The World Of Blockchain". Forbes. Archived from the original on October 27, 2017. Retrieved 2018-02-19.
6. ^ "Energi Mine plans to raise £12m for its new cryptocurrency". Retrieved 2018-02-19.
7. ^ "Energi Mine raises another £4m". Insider Media Ltd. Retrieved 2018-02-19.
8. ^ Begum, Shelina (2017-12-01). "Silicon Valley entrepreneur joins Oldham blockchain business". Manchester Evening News. Retrieved 2018-02-19.
9. ^ "Energi Mine launches £12m raise as Bitcoin hits high". BusinessCloud.co.uk. 30 November 2017. Retrieved 2018-02-19.
10. ^ "Innovation Showcase: Energi Mine". Retrieved 2018-02-19.
11. ^ Jones, Alison (2017-09-27). "Pioneers Energi Mine Set To Change The Way Energy Is Traded & Consumed - Green Energy News". Green Energy News. Retrieved 2018-02-19.
12. ^ "Omar Rahim - London - World Blockchain Forum". London - World Blockchain Forum. Retrieved 2018-02-19.
13. ^ "Energi Mine 'appoints' AI robot to management board". BusinessCloud.co.uk. 26 October 2017. Retrieved 2018-02-19.
14. ^ "Meet Sasha: Oldham startup appoints AI robot to management team". Bdaily Business News. Retrieved 2018-02-19.