Papa Carlo Buratino ICO: Company Review and BUR Token News Updates
Papa Carlo Buratino ICO (BUR Token): Legit Multi-Mining System?
A few years ago, cryptocurrencies were introduced into the market. These cryptocurrencies have produced a new era in the trading and marketing sector. People can buy goods, pay for services offered, and even earn extra cash by use of home or office computers. The increased demand and use of cryptocurrencies led to companies like Buratino Blockchain solutions to start developing techniques that would be used in the mining of these cryptocurrencies.
What Is Papa Carlo Buratino?
Buratino Blockchains have partnered with Samsung foundry and Nevskaia Elektro company, a leading Russian manufacturer of electronics, to bring you Papa Carlo miners. Papa Carlo mining system is a high-quality technology that runs on a 7nm technology node that is energy efficient. Papa Carlo is based on a multi-functional chip that runs with three types of cores.
The 7nm chip will be able to provide encryption and security in different fields like:
- Creation and validation of digital signatures
- E-mail encryption
- Personal data protection
- Banking industry
Upon completion, Papa Carlo will be able to mine up to fourteen cryptocurrencies at a time. Existent equipment has very many drawbacks. This led to Buratino coming up with Papa Carlo. Some of the cons that the old equipment experienced were:
- Impossibility of upgrading
- Poor heat diffusion
- A poor capability of repair when spoiled
- Dedication to one type of cryptocurrency
When mining cryptocurrency using Papa Carlo, different algorithms will be employed. These are:
- SHA-256 ASIC algorithm
- SCRYPT ASIC algorithm
Papa Carlo Buratino Project Description
This step involves the production of the high-quality 7nm technology chipset. The basic configuration consists of the use of 3 boards each with seventy chips with a total capacity of 26 Trillion hashes per second (26 TH/s). However, for self-assembling purposes, the boards will be configured as follows:
- 10 chips on board, 1.23 Th/s each
- 20 chips on board, 1.23 Th/s each
- 30 chips on board, 1.23 Th/s each
- 40 chips on board, 1.23 Th/s each
- 50 chips on board, 1.23 Th/s each
Papa Carlo Buratino Sales And Distribution
The growing user interests in cryptocurrencies has made the market more dynamic.
The pricing of the chipset boards will, however, vary according to the number of chips a board has alongside the hash rate of each board. Boards with a high hash rate will be retailing at a higher price compared to those with a small hash rate.
Papa Carlo Buratino Multi-Mining System Advantages
- Papa Carlo can employ two mining algorithms, SHA-256 and SCRYPT algorithms
- Has a water cooling system hence reducing the effect of overheating.
- Can be upgraded with time.
- It is cheaper than its competitors
Papa Carlo Buratino BUR Token ICO Details
Buratino have developed digital platforms that allow owners of cryptocurrencies to buy Papa Carlo wallets at a lower market price. Therefore, during the initial coin offering (ICO) stage, Buratino blockchain solutions issues BUR tokens. This stage enables Buratino to collect enough money that will help them complete the chip production project and start selling miners to users.
Parameters Of The ICO
- Ticker: Papa Carlo
- Price: 17500 BUR = 1 Papa Carlo
- Accepting: BUR
- Hard cap: $ 18000000
- Pre-ICO: 01/08/2018 – 31/08/2018
- ICO: 01/09/2018 – 30/08/2018
- Country: Russia
- Restricted: USA
Although Papa Carlo is viewed as the best miner, it will be applicable only when mining specific currencies. These currencies include:
- Bitcoins (BTC)
- Ethereum (ETH)
- Dash (DASH)
- Ripple (XRP)
- NEM(XEM)
- Bitcoin cash (BCH)
- Litecoin (LTC)