Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SCAVO - SUSTAINABLE CRYPTO MINING FARM
by
scavoFarm
on 19/01/2019, 18:19:47 UTC
Hello meejay:

First of all, thank you!.

As is established in the Whitepaper, each token holder is entitled to receive profits from mining operations as well as third party operations in a relation to what he/she hold compared to circulating tokens.
By default, It is estipulated to send them in a weekly basis, in ETHER, directly on the wallet (see *1).
For those holders that have a small amount of tokens, they will receive the utilities once he/she reaches the mininmum expected in relation to fees ( see *1).

Basically:

TAETS = EBMO + EBTPO - OPEX

TASTE = TAETS * PSTH

PSTH = ATH * 100 / NTC

TAETS = Total Amount Earned To Share in BTC and/or ETH.
EBMO = Earned By Minig Operations
EBTPO = Earned By Third Party Operations
OPEX = OPerating EXpenses
TASTE: Total Amount to be Sent To Each token holder in ETH
PSTH = Percentage of Share of Token Holder

ATH = Amount of Token you Hold
NTC = Number of Tokens in Circulation



Let's exemplify:

NTH = 5,000,000 SCAVO
ATH = 500,000 SCAVO

It means your POSTH = 500,000 * 100 / 5,000,000 = 10%

Now, our:
OBMO = 10 BTC
EBTPO = 2 BTC
OPEX = 0.5 BTC

So, our:

TAETS = 10 BTC + 2 BTC - 0.5 BTC = 11.5 BTC

finally, your TASTE = 11.5 BTC * 10% = 1.15 BTC



Indeed, we built a calculator to arrange an expected/estimated return during the course of the token sale on our website. Parameters was setted based on current market and expectations at that time.
Mining calculator will be available once new website (scavo.farm) becomes online. At first, it will calculate an estimate based on preload parameters according to datacenter estimations.
Once mining farm is finally  online, it will show you a realtime and accurate profits.



I hope I clarified your concern. If you have any further questions, please let us know.




Hello Scavo team,

Congratulations for succeeding in ICO and going forward with the plans. I don't remember a detailed explanation regarding the passive income for SCAVO holders in the whitepaper other than the calculator you had on site, am I wrong?

Kind regards,