Hello everyone, readers of my blog Syndrome ICO. I will explain a bit about the crypto currency project, This is most relevant in the world of crypto currency, which is characterized by its high volatility. I decided to look for a project where all the tools for productive, high-quality and profitable trading by crypto-currencies will gather. And this is the NORDCOIN project.
THE CHALLENGES WITH TRADITIONAL CRYPTOMINING
We are at the start of the blockchain boom, which is leading to an explosion of mining infrastructure. With this comes many challenges to cryptomining.
Crypto-mining consumes large amounts of electricity, and crypto-farms are often limited in their ability to adapt to local changes in the pricing structures of energy markets. Once built, crypto-farms are fixed to that location and the associated energy transmission costs.
With global trends changing so quickly, traditional crypto-farms lose competitiveness. By being stuck in one location, they are at risk of losing out to energy pricing changes, as well as being governed by local monopolies which can limit favourable electricity prices in the long term. Crypto-mining operations are often forced to make trade-offs to operating efficiency and scale, so that they can hedge risks associated with geographical and political factors outside of their control.
NordCoin’s Mobile Mining Containers wrap up the difficulties of individual crypto-mining processes and transforms it into a simple, straightforward service. We believe that future crypto-mining operations should be decentralized, mobile and independent from any single government, as well as placed in a region with a surplus of electricity production.
Our Mobile Mining Container technology helps to mediate hash rate, cost of energy and cost of space, which typically affects the profitability of crypto-mining operations. Our self-contained, remote-controlled, crypto-mining solution is based on a standard 40ft freight container which can be transported anywhere in the world in pursuit of optimal mining conditions.
NordCoin Mining is based in IT-friendly Estonia with the potential for expansion across the Nordics. The Mobile Mining Container (MMC) technology developed by NordCoin is a self-contained, remote controlled crypto-mining solution designed to overcome the three most significant variables affecting the profitability of crypto-mining:
Effective hash rate
Cost of energy
Cost of space
NordCoin’s 40ft freight containers can be transported anywhere in the world to take advantage of optimal mining conditions such as often low-cost, surplus energy. Having established an economical contract with a local energy producer, NordCoin deployed four proof-of-concept MMCs in Q4 2017, Q1 2018 and Q2 2018, financed through private equity funding, the first of which has already fully covered its capital investment.
The Nordcoin Mining team has developed the Mobile Mining Container (MMC) based upon a clear set of development principles and guidelines:
In every phase of NordCoin crypto-mining process security is the highest priority. MMC deployment locations have 24h manned security, video and audio surveillance. Only personnell authorised by NordCoin have access to our mining territory and equipment.
Our all-in-one MMC provides and ensures location independent scalability.
Electricity acquired directly from the source ensures fixed low price and no downtime.
Plug and Mine
Once the power is plugged in and there is an established internet connection our MMCs start mining operations automatically.
While our operation is based in chilly Estonia, NordCoin has been able to design a highly-efficient cooling system for the MMC which adapts to any climate.
A NordCoin token (also referred to as NRDC) entitles those who hold it to rent cryptocurrency hashing power from NordCoin Mining OÜ. Each NRDC token can be used to rent a fraction of the aggregate hashing output (across all algorithms) proportional to the total number of NRDC tokens acquired as part of the Initial Coin Offering (ICO).
Token Name= NordCoin
Token Symbol= NRDC
Issuer= NordCoin Mining OÜ www.nordcoinmining.com
Issue Vehicle= Ethereum ERC20 Smart Contract
Token Type= Utility Token
The ICO will end immediately upon reaching the maximum issue volume.
Nominal Token Price= 1 NRDC=1 USD
Total Token Supply= Max. 12,900,000 NRDC
Hard cap= 10,965,000 USD
Soft cap= 1,000,000 USD
Token Purchase= BTC, ETH, LTC, Wire transfer
85% Token Holders
10% Founding Team
3% Advisory Team
Use of Proceeds
90% Purchase and Deployment of Mobile Mining Containers (MMCs)
Day 1-5 10%
plan and technical description for MMC proof of concept
MMС proof of concept built
MMC shipped and start of mining operations
December 2017/Q1 2018
continuous improvement of the concept of MMC
2 more MMCs built
MMCs equipped with mining hardware
further MMCs built
tokens released for ICO participants
launch of NordCoin Mining Platform
proprietary mining pool software launched
Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.
More Information Visit The NORDCOIN Link:
WEBSITE : https://www.nordcoinmining.com/
WHITEPAPER : https://www.nordcoinmining.com/files/whitepaper.pdf
TELEGRAM : https://t.me/nordcoinmining
FACEBOOK : https://www.facebook.com/nordcoinmining/
TWITTER : https://twitter.com/nordcoinmining
GITHUB : https://github.com/nordcoinmining
My bitcoin profile link: https://bitcointalk.org/index.php?action=profile;u=2103401