PAPA CARLO is a most advanced multi-miner with water cooling system. It was manufactured based on a high-performance and energy-efficient chip with 7 nm technology process. This scheme allows raising any crypto-currencies on the algorithms such as SHA-256 and SCRYPT, among which Bitcoin, Bitcoin Cash, Litecoin and many others.
The device was developed by highly qualified specialists of Buratino Blockchain Solutions company, who have many years of experience in the production of complex radio electronic equipment.
The key problem of mining today is that it is performed on different types of equipment that do not have common standards. Devices become out of date earlier than they fail to function. People who involve in mining have to change them to new ones which entail great expenses. This caused the creation of the all-in-one multi-miner with the possibility of upgrading certain morally obsolete systems by Buratino team. Developers have made a decision to leave at a high level its power supply, cooling, sensor panel, tuning and constructive assembly.
The prototype of the miner was the military’s development due to the fact that Buratino Blockchain Solutions presented itself on LLC "SRI Special Algorithms". This organization is a part of a military industry.
Main competitive advantages:
- Ability to mine employing both SHA-256 and SCRYPT
- Lower price comparing to competitors
- Guarantee service for 18 months
- Water cooling system
- Upgrade possibility
To execute the project of miner production - Buratino Blockchain Solutions issues BUR tokens that would be distributed during ICO. BUR – is a digital asset that allows its owner to buy multi-miner Papa Carlo and also TREZOR MINI hardware wallets at a lower price.
Missing whitepaper? Let us know.
Rated on Dec 23, 2018
The whitepaper is good (taken into account technical part which goes separately). The team seems very dedicated and working hard. The product is ready.
Rated on Dec 18, 2018
This is an interesting and cool project, with a working product developed and strong technical, advisor team.
The project team already pass KYC and softcap reached.
I think this project is servivable even they didin’t run ICO. But recommend more marketing and message spread out in different language.
Rated on Jan 11, 2019
Modified on Feb 21, 2019
I am removing the previous rating due to "Suspicious ICO" warnings from ICOBench.
ICOBench warns advisors of any suspicious activities, and this is designed to stop any fraud or scams.
I am not aware of the suspicious activity details and hence the action to remove the previous rating.
Rated on Dec 17, 2018
Soft Cap - reached
KYC - passed
Project have not only MVP, they have a really working product - for it separate respect.
Yes, now not the best time for mining, but for development of the industry it is all the same necessary and I am sure that the products will be strongly demanded when the market begins to grow again.
From the technical point of view - it is an ideal product and not just the website with promises to make something.
Minuses - I would recommend to add a number of the international experts though for production they are not necessary. It is rather for advertizing in the international markets.
Rated on Dec 25, 2018
Recently mining projects are on the rise, but I think that this project is a reliable project among them.
Although it is another mining project that fraud had been rampant in the past, it can be said that you can invest safely in their projects.
Rated on Jan 22, 2019
Their team members passed the KYC, the project has reached its Soft Cap. They have an MVP and an already working product.
What can I say? This project looks promising and I wish the entire team the best of luck to bring it to its full potential!
Rated on Jan 23, 2019
Modified on Jan 23, 2019
→ Blockchain Advantage - ⛔️
→ White Paper - ✅ + Technical Paper ❤️
→ Team Composition - ✅
→ Token Economics - ✅
→ Business Model - ✅❤️
→ Social Media Presence -
→ Collaborations & partnerships - ✅
→ Fund Allocation - ✅
→ Legal Loopholes - ⛔️
→ MVP/ DApp/ Working Product - ✅
Advantage - Raised the Soft Cap and have a working product with attractive incentives for ICO participants.
Disadvantage - No legal protection for ICO investors. Blockchain is used just for raising funding with ICO - No clear blockchain advantage.
You can find my ratings methodology here- https://medium.com/@krishnenduchatterjee/ico-evaluation-investing-a-vc-perspective-for-investment-over-greedy-short-term-returns-433f6f9e13d8
Rated on Jan 24, 2019
An interesting project backed by a reliable team with prior expertise. This is something fresh that hasn't been seen before, looking forward to see what they bring to the crypto space!
Rated on Dec 14, 2018
Despite of mining at current situation on crypto-market is surviving very difficult period, I believe that russian technicians and programmers can do most valuable product on the market to make it growth and presence again. Strong team with huge abilities, ready product for market. My wish is be strong and go ahead!
Rated on Jan 28, 2019
Modified on Jan 28, 2019
The entire concept looking good. But I didnt get right if it's just prototype or I can buy it now? Next. Why ICO? You are producing good stuff so just sell to market.
Good website and team but business strategy and investors benefits arent clear...
Rated on Jan 3, 2019
Very interesting project with a strong team and advisors. Also they passed KYC and have previous records in making devices. That is why gave 5 score for Team. And in this project, they already have working product and for that reason gave them 5 rating as well for product
Rated on Jan 21, 2019
A very well detailed White Paper, a clear understanding for non-miner people which is a good point. The team is dedicated to the project and seems hard working.
Even if the market is not fitted for the product now, Buratino has a product so, once the market will bounce back again they must have a good exposure on the market.
Good luck to the team.
Rated on Jan 30, 2019
Very nice project.
Great solution for a big problem.
They have all communication channels in place. Looking forward to see the project grow.
Rated on Jan 22, 2019
Bootstrapping hardware development with an ICO makes perfect sense if you consider historical difficulties with group buys and presales the logistical headache and the chance that the developer runs with the money. The team looks solid and as long as a unit is delivered, this token will retain value. Carefully follow the progress and expect delays. Even though specs should be attainable, problems can easily crop up in the process. Team needs to be transparent with process delays. Good project, I look forward to following it.
Rated on Jan 28, 2019
Modified on Jan 28, 2019
Rated on Jan 29, 2019
Starting with the video, it's absolutely unprofessional that they used another voice to translate the words of the CEO, I would more appreciate his effort to speak and explain the project personally.
Regarding the profit of mining with these device, if you start to use the miner today, mining Bitcoin and with an electricity cost around 0.25 kWh you will earn only around 4$ a day, I wasn't able to find the cost of the miner to calculate the ROI, but I presume it will cost more than $2000, so it will take almost two years to repay, (without considering the raising of the mining difficulty).
I like the cooling system but they have to clarify that this device it's not silent, it's for sure more silent than competitors but it produces anyway 35 — 45 dB of noise, (every liquid cooling system has at least a fan). I like also the possibility to change algorithms, so you can make more money switching it when the difficulty of your coin it's too high. I'd like to see a more detailed video of the miner (with sounds this time).
Ready MVP (but for the most are only 3d renderings).
And there are no fans in the liquid cooling system, there is only a pump. So your expert opinion is doubtful.
Rated on Jan 31, 2019
Modified on Jan 31, 2019
Although CEO has Prior Experience in building electronics with manufactorers the product shown does not seem like an actual ASIC miner
no detail is given as to the functionality and no dates are given for the commercialisation of the product all that is said is they are building an asic miner using 7nm technology that is silent and uses liquid cooling and that produces twice as much th as competitors while keeping consumption to existing level found on the market
second of all liquid cooling is a cool idea that seems to have excited the mining space however the true reality of liquid cooling is that it is very fragile and if damaged can ruin the miner. futhermore the liquid cooling is extreemely tedeous in maintenance. it requires to be emptied and cleaned and the cooling liquid has to be changed every now and then this means increased down time and less time mining.
also i did not appreciate them playing on sevreal currency mining
sha 256 miners will mine all sha 256 minable coins such bitcoin and bitcoin cash etc and this is not exclusive to them nor does it not extend to their competitors on the market. it is not a feature or competitive advantage as they make it sound it is just the way the computer that mines a specific algo works.
the ability to switch from one coin to annother with ease that is something worth talking about and that has not been shown in video or portrayed as a key competitive advantage.
it is to note that the competition has simple buttons to switch between the two most profitable sha 256 minable currencies which are bitcoin and bitcoin cash.
I applaud the vision of making better more efficient miners that are cheaper.
the watercooling and other features however seem like unsolid marketing stunts
Mentioning Samsung Foundry must have brought them some recognition however samsung foundry will produyce chips for anyone as long as they pay
however the assembly of an asic miner is more than just the chips
the entire architecture of the miner as well plays a huge role in how efficient and overall how well the miner works and preforms
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TeamApply as an advisor
Bonuses for the size of the contribution:
|1st week ICO||+10% BUR|
|2nd week ICO||+7,5% BUR|
|3rd week ICO||+5% BUR|
|4th week ICO||+2,5% BUR|
Maximum participation theeshold
Prototype design and testing in PLD.
Start main stage of ICO.
Chip design, mask development.
BUR tokens distribution to customers wallets.
Stock market listings.
First batch of chip growth.
First 5000 batch assembly.
Start of mass ASIC production and delivery.