The popularity and demand for cryptocurrency is growing. With that comes the need for people to mine cryptocurrency. Scavo Technologies is developing an eco friendly cryptocurrency mining operation. As time goes by, the difficulty of mining a cryptocurrency generally increases. This causes an increase in electricity usage to mine the coins. Today, there is a huge amount of electricity being used to mine coins throughout the world. In order to be environmentally friendly, a green source of energy is needed. Scavo Technologies is located in Argentina, and they plan to build self sustaining mining locations using renewable energy such as solar, water, and wind.
Scavo Technologies is currently holding a token sale for fundraising. The token is an ERC-20 type of token. There are a number of benefits associated with being a token holder. Eighty percent of mining profits will be distributed to token holders with the remaining twenty percent being used for reinvestment into the operation including the purchase and maintenance of equipment. Scavo Technologies may also provide services to third parties. Thirty percent of profits from this may be distributed to token holders as well. Democratic decision making is important to Scavo Technologies, and holders of the SCAVO token will be able to vote on decisions with the use of smart contracts. The token sale started on July 15th, and will run until October 31st of this year. There is a maximum token supply of two hundred million tokens. Eighty eight percent will be offered for sale, with eight percent set aside for a reserve fund, two percent for rewards programs, and two percent for the team and founders.
We invite everyone to buy the SCAVO Tokens throughout the course of our ICO.
Once the mining farm is in production, all benefits of the mining operation will be distributed among the Tokens holders and the founders (who also hold tokens). The investment pays dividends from the first day the farm is in operation.
The amortization period for investors varies from three to ten months, depending on the stage in which they entered the project.
SCAVO is responsible for finding the right location for the farm and the power plant, buying the hardware, deliver it to the destination. Build and maintain the farm, set up their cooling system. Manage the internet connection service bills as well as to negotiate the interconnection with the existing power grid of the local energy distribution company to be able to inject the surplus generated energy (not needed for the farm) and be able to monetize it; and of course, any malfunction or problem that may occur during these processes.
As mentioned above, the SCAVO Tokens holders will receive dividends, through a lifetime contract, or more precisely, as long as the profits of the mining farm operation exceed the utility bills.
At SCAVO Technologies, we firmly believe that investments in crypto sustainable mining are the most profitable option for long-term profits and that is why our proposal is to strengthen the link with investors through clear rules.
SCAVO Technologies, besides of providing an intelligent solution to the problem of the generation and consumption of energy of the crypto mining farm, by reducing the cost of energy to its maximum expression, we make participation in the business more accessible and easier for anyone wordlwide, regardless of their knowledge and wealth.
Our commitment to the SCAVO Community is such that it allows active participation in making important decisions that may affect the company, through the use of smart contract voting.
.:: INTELLIGENT SOLUTIONS TO REAL PROBLEMS ::.
To reach the objectives proposed in our development, it was imperative to work on the concept of "Industry 4.0"; this is to achieve the highest degree of efficiency and automation of the possible processes for decision making. The guidelines that guide our proposal contemplate access to clean energy and at a very low cost, the use of industrial grade components for the manufacture and assembly of the different units that make up the crypto mining complex, energy efficiency and the necessary robustness to carry out the crypto mining process in the long term.
This has allowed us to offer an intelligent solution to the problem of access to energy at competitive costs and thus contribute to the principle of decentralization as well as ease access to the use of technology to the general public.
.:: USE OF CUTTING-EDGE TECHNOLOGY ::.
We understand that innovation throughout the current system is something indispensable, necessary and imperative for crypto currencies and their technology to be accepted in a massive way. Due to this, it was necessary to align the development of the different parts that make up the crypto mining complex to the concept of "Industry 4.0".
At SCAVO Technologies we have developed different software/hardware components that automate several processes of the crypto mining complex. These components provide essential information in real time to the company's computing center for decision making, while these processes are fed back with their own and external information that will optimize and help predict certain behavior in the future more accurately.
All this could be achieved using complex technological processes and industrial grade technology.
.:: ACQUISITION AND LOGISTICS ::.
The process of acquiring specialized hardware for crypto mining is not something simple due to the growing demand in this last time and in many occasions accessing it involves negotiating with different intermediaries that end up making the purchase process more expensive as well as all the logistics that implies a purchase on a large scale.
To be able to have a better negotiating position in the different intervening processes, SCAVO Technologies is registered in the importer/exporter registry of Argentina. This made it possible to access the necessary hardware (ASICs, GPUs, PCBs, etc.) directly and without intermediaries, reducing costs. We have agreements with different international transport companies at competitive wholesale rates.
.:: SELF-SUSTAINABILITY ::.
Achieving energy self-sustainability was a key milestone in the development process of the project itself as it will allow the development of the company's different operating models without being tied to traditional energy costs as well as to energy market fluctuations or policies of energy. The use of renewable energies for the generation of electricity, allows to develop this ecosystem in different parts of the world where energy cost is incompatible with the market of crypto mining.
Achieving energy self-sustainability in a maximum period of 12 months will reduce the cost of energy per KWh from USD 0.12-0.15 to values between USD 0.01 to 0.05 and a minimum expected useful life of 10 years.
.:: SCALABILITY ::.
In order to achieve a large-scale crypto mining system, scalability was a point of strong consideration. For this, all the design and construction guidelines of the different components allow for greater modularity. Blocks were designed (at the subsystem level) in a standardized way that allows the exchange between any of them. At the same time, being a modular process, they are conceived to be able to put together different arrangements to add or remove capacity in a practically unlimited way (subject to the deployment space of the complex).
As an example, the interconnection of energy allows a horizontal and vertical integration of the same being able to be connected with other adjacent energy systems and be interconnected to the traditional energy system simultaneously.
Platform
Ethereum
Ethereum
Token code
SCAVO
SCAVO
Total supply
200,000,000
200,000,000
Price
1SCAVO = 1USD
1SCAVO = 1USD
Soft capacity
500,000
500,000
Hard capacity
83,600,000
Accept
83,600,000
Accept
Pre-Sale
Start date
15 Jul 2018 00:00 UTC
End date
20 Jul 2018 23:00 UTC
Start date
15 Jul 2018 00:00 UTC
End date
20 Jul 2018 23:00 UTC
Crowdsale
Start date
21 Jul 2018 00:00 UTC
End date
31 Oct 2018 23:00 UTC
Start date
21 Jul 2018 00:00 UTC
End date
31 Oct 2018 23:00 UTC
fore infor visit the following link:
Bitcointalk username:abenco01
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1460674
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