Aditya Indra Saputra
PADOSCOIN - The next evolution of crypto mining. preICO preICO
8,800.00 Soft Cap, ETH
41,300.00 Hard Cap, ETH
31 Oct, 2019 - 31 Jan, 2020 Campaign Duration (UTC)
139
581.70

Welcome to Padoscoin

The next evolution of crypto mining.

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Padoscoin is a cutting-edge, crowd funded diversified crypto currency techno mining operation built and managed by a team of industry experts and professionals staff on behalf of the Padoscoin Community. Padoscoin Community Members contribute to building Padoscoin mining centers and share their output transparently and equitably. To provide maximum mining efficiency, the Padoscoin Management Team obtains Cutting-edge technology at wholesale prices and electricity at ultra-low industrial rates, with High-level safety and security measures to protect the Community’s investment. Each Community Member automatically receives access to regular and transparent accounting and reporting on all costs and output. Padoscoin Community Members obtain Ethereum-based Token P that represent their Participation in Padoscoin. Three-fourths (75 percent) of Padoscoin output, minusbasic operating costs including electricity, will be use for stability price of P token on exchange. (25percent) is re-invested into new Techno mining hardware to keep Padoscoin mining Centers at the cutting edge of mining technology. 

At Padoscoin we believe that crypto currency is the next step in the evolution of payments and value storage. It allows parties to not only transfer value to one another, but to avoid the unnecessary and typically high transaction costs of traditional intermediaries. The block chain technology that crypto currency is based on opens new horizons for society, communities, businesses, governments, and NGOs. There are countless ways to apply block chain that will enable us to run social networks, banking, e-commerce, insurance, and many other services in a safe, more efficient, and decentralized way – without the need for a central operator or other intermediary. 

Block chain is interactive technology. It relies on participation. The very essence of the block chain is continuous cooperation between participants around the world. One of its key features is the continual verification of transactions. This is how crypto currency is “mined”. In exchange for participation in the verification of transactions, participants are granted a certain amount of newly-generated (“mined”) crypto currency. This is what Padoscoin will do for its Community on an unprecedented scale. At Padoscoin we believe in turning sustainable green energy into crypto currency by means of crypto mining. Crypto mining is highly profitable when done on a large scale basis and it is essentially turning electricity into digital assets. In today’s environment, Crypto mining is done globally. What we offer is an eco-friendly, sustainable and renewable energy powered form of mega crypto mining, in an environmentally stable country We have the professionals in each of their fields working together to enhance earnings by Improvement of both software and hardware. We aim to create products that has cash flows Generated in every aspect, thus allowing a very financially sound ecosystem, with our ultimate goal of being to create a crypto currency.

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1. A few years ago the cryptocurrency market especially the bitcoin market is experiencing a bearish market, how does Padoscoin keep bitcoin mining running?

2. The need for the latest technology is to mine cryptocurrency, especially bitcoin. how does Padoscoin settling with this?

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1. Based on the data from blockchain.info, the longest bearish market of bitcoin in this few years is more than 1 year and recovering at a higher price, this has made the Padoscoin Team conduct in-depth research to overcome various obstacles, especially costs for electricity needs. We agree will use our expertise to overcome this, we will make annual electricity payments to keep the mine running. Many small miners only use bitcoin that they get to pay for their electricity needs, with the consequence they don't get incentives from their mining output, and eventually they stop mining. It should be noted that we have a professional team in managing very difficult conditions though, because our goal is as a long-term miner.

2. Now that we have partnered with the mining giant bitmain, the company continues to release the latest innovations from their mining technology, Padoscoin will always upgrading the mining machine at any time to adjust the needs of the mine in the future to get the ideal mining conditions.

To achieve this goal, several key challenges need to be met: 


Most Advance and Efficient -Mining Hardware: Cryptocurrency mining is most profitable when done with top-of-the-line, task-specific hardware. At present that means ASIC-processorbased machines like the Bitmain Antminer S17 pro and other. At the projected scale, Padoscoin will be in a position to negotiate heavily-discounted prices for mining equipment directly with manufacturers world wide.

Ultra-Low-Cost Electricity and Stable Energy Supply: A key factor in mining profitability is the cost of power. Indonesia has a surplus of electricity due to their well-developed infrastructure and interconnectivity, as well as renewable energy sources. Industrial facilities like data centers and hi-tech factories also benefit from tax incentives from governments supporting such activities in the region. 

The first Padoscoin facility will be located in Nganjuk Indonesia which ideally meets Padoscoin requirements in terms of low-cost electricity ($0.06 USD/kWh*) and stable supply, as well as a cold climate round the year that makes it less costly to keep equipment cool. Secure and Reliable Facilities: To reach and maintain maximum mining efficiency without  compromising on security and reliability, Padoscoin mining centers will each be located near a reliable source of electricity. The amount of equipment each can accommodate will depend on the size of each. For example, a facility with around 5,000 m2 of floor space can accommodate 10,000 Hitech Advanced Miner units with a total computing capacity of about 620000 TH/s. With such a configuration, Padoscoin can mine ±5540 bitcoins per month at the current difficulty level (August 2019). At current prices, it could be built for approximately USD 57 Million per month.  


Calculation Source : www.cryptocompare.com 

How does Bitcoin mining work?

Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created bitcoins issued into existence according to a fixed formula.

For new transactions to be confirmed, they need to be included in a block along with a mathematical proof of work. Such proofs are very hard to generate because there is no way to create them other than by trying billions of calculations per second. This requires miners to perform these calculations before their blocks are accepted by the network and before they are rewarded. As more people start to mine, the difficulty of finding valid blocks is automatically increased by the network to ensure that the average time to find a block remains equal to 10 minutes. As a result, mining is a very competitive business where no individual miner can control what is included in the block chain.

The proof of work is also designed to depend on the previous block to force a chronological order in the block chain. This makes it exponentially difficult to reverse previous transactions because this requires the recalculation of the proofs of work of all the subsequent blocks. When two blocks are found at the same time, miners work on the first block they receive and switch to the longest chain of blocks as soon as the next block is found. This allows mining to secure and maintain a global consensus based on processing power.

Bitcoin miners are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the Bitcoin network because all Bitcoin nodes would reject any block that contains invalid data as per the rules of the Bitcoin protocol. Consequently, the network remains secure even if not all Bitcoin miners can be trusted.

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The Padoscoin Crowdsale will be conducted exclusively on the Kickico website at www.kickico.com The Private Sale will begin at 00:00 GMT, October 31, 2019. The starting value of one P Token will be 0.045 USD (or equivalent in KICKCOIN or ETH ). “Early bird” bonus will be offered (see below).

The minimum quantity required to participate is 3777 P.

Support will be available on the email up to and during the pre-ICO. To raise initial funds All contributions made during the pre-ICO are considered grants to Padoscoin. They will be converted into P Tokens only if the Soft Cap is reached during the Crowdsale, as described herein. During the Crowdsale, Padoscoin will accept payment for P Token in Ether (ETH), Kickcoin (KICK).
Token P is ERC20 Ethereum based token, it entitles Padoscoin will be stability price for P token with 60% of total of net profit from the mining operations which will be do on weekly basic ( random time ).

Out of which 75% will be stability price of P token on market while 25% will be reinvested to improve and upgrade the mining facility to match raising difficulty.

ICO DETAILS AND BONUS CONTRIBUTION

Total token supply                     : 260,000,000 P 
Soft cap                                    : 1,500,000  USD 
Hard cap                                   : 7,020,000 USD 
Token sale volume                    : 156,000,000 P 
Minimum contribution               : 1 ETH ( or equivalent in KICKCOIN ) 
Reserve Token Price at issue   : Equivalent of USD 0.045 
Website link                              : www.padoscoin.tech 
Token sale website                   : www.kickico.com  
Accept of payment                   : Kickcoin and ETH

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Note : We will immediately order the mining machine and do the mining once the softcap completed.

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Need more information, please email us : [email protected]

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