Buratino Papa Carlo ICO : Multi-Mining System (SHA-256 & SCRYPT)

4 min readJan 31, 2019

BuratinoBS (BUR) ICO — Multi-Mining System for SHA-256 and SCRYPT

buratino blockchain solutions is a company that has its basis on“Specalgorithmy” research institute that focuses in the designing and production of complex bitcoin mining equipment and radio electronic equipment.

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 first product that the company produced is the Trezor mini hardware wallet that is based on the open license creative commons, which offers cryptocurrency storage for the users.

The second product produced is the cargo tracker pierrot which has the ability to track online the location of a container or an object for checking its condition of shipment contained in the container. The system used uses blockchain technology that allows its participants to use smart contracts when buying and selling containers online.

The other great project of the company is the production of the multi miner referred to as Papa Carlo for the consumer, that has high productivity and contains a chip that is energy efficient produced on the 7nm technology node. The miner is based on a multifunctional chip that contains three types of logical core. The entire system provides the ability for the mining of more than fourteen cryptocurrencies as well as the production of different devices.

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

The multi miner is retailing at a very low and affordable price in the market, as compared to other competitors. Owners of the Buratino coins especially get the miner at discounted rates.

The Papa Carlo Multi-miner guarantees to give its users service for up to eighteen months or more. So users are assured of efficient service all through.

Users of the multi-miner have an opportunity to upgrade it at all times. The production of the miner is flexible and allows for growth opportunity when need arises.

The Papa Carlo miner is integrated with an automatic water cooling system that allows for the direct cooling of the device in case it heats up.

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.

BUR Token ICO Details:

Pre-salePre-sale start date01 Aug 2018Pre-sale end date31 Aug 2018

Token SaleICO start date01 Sep 2018ICO end date31 Jan 2019ICO token supply225,000,000Soft cap3,000,000 USD (fiat)Hard cap size18,000,000 USD (fiat)Raised4,358,628 USD Token detailsTickerBURTypeUtility-tokenAdditional Token EmissionNoAccepted Currencies

Bonus Program

20% — Pre ICO

10% — 1st week ICO

7.5% — 2nd week ICO

5% — 3rd week ICO

2.5% — 4th week ICO

Token distribution

90% — Sales

7% — Team

3% — Bounty

Funds allocation

37% — Production of masks