Nordcoin Mining
Nordcoin Mining
Token: NRDC


Safe Mobile Cryptocurrency Mining Operation

ICO dates
Start date: 2018-07-30
End date: 2018-08-30

Registrated in: Estonia

Platform: Ethereum
Type: ERC20

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Nordcoin Mining categories
Cryptocurrency
Nordcoin Mining whitepaper
Video
Nordcoin Mining token sale
KYC passing required No | Whitelist No | Restriction for countries Switzerland,USA
Soft cap $1,000,000
Hard cap $10,965,000
Tokens for sale 10965000
Token distribution in ICO
85%
85%
Minimal investment 100 NRDC
Acceppting BTC,ETH,FIAT,LTC
Bonus in ICO 10% bonus for first 5 days
Cryptocurrencies, smart contracts and other blockchain technologies are experiencing a rapid surge in popularity. With a major share of the blockchain infrastructure today dependent on consensus protocols based on proof-of-work (PoW), an efficient and intelligent crypto-mining operation is well positioned to take advantage of the ongoing expansion.

NordCoin Mining OÜ is based in the IT-friendly Estonia with operations foreseen across the Nordics. The Mobile Mining Container (MMC) technology developed by NordCoin is a self-sufficientself-contained, remote controlled crypto-mining solution designed to overcome the three most significant variables affecting the profitability of crypto-mining: effective hash rate, cost of energy, and cost of space. In total, 30 MMC's will be activated, with an estimated net profit of $45,000 worth of crypto per month per container 

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Random whitepaper excerpts

ABSTRACT
Cryptocurrencies, smart contracts and other blockchain technologies are
experiencing a rapid surge in popularity. With a major share of the blockchain
infrastructure today being dependent on consensus protocols based on
proof-of-work (PoW), an efficient and intelligent crypto-mining operation is well
positioned to take advantage of the ongoing expansion.
NordCoin Mining OÜ is based in IT-friendly Estonia with the potential for expansion
across the Nordics. The Mobile Mining Container (MMC) technology developed by
NordCoin is a self-contained, remote controlled crypto-mining solution designed
to overcome the three most significant variables affecting the profitability of
crypto-mining:

effective hash rate

cost of energy

cost of space
NordCoin’s 40ft freight containers can be transported anywhere in the world to
take advantage of optimal mining conditions such as often low-cost, surplus
energy. Having established an economica...

The stable democracies and favourable climate conditions of the Nordic countries
offer one of the best markets for any crypto-savvy investor, particularly where
MMCs provide the flexibility of a mobile crypto-mining and data centre service.
NordCoin’s technology-driven, intelligent and scalable business model provides an
excellent opportunity to get involved in the evolution of the blockchain
infrastructure.
NordCoin Mining Whitepaper
2
...

TABLE OF CONTENTS
ABSTRACT
TABLE OF CONTENTS
LEGAL NOTICE
CRYPTOCURRENCY MINING
CHALLENGES OF CRYPTOCURRENCY MINING
OUR SOLUTION
MOBILE MINING CONTAINER (MMC)
TECHNICAL DESCRIPTION OF THE MINING CONTAINER
OUR ACHIEVEMENTS AND ROADMAP
2016: NORDCOIN MINING INCORPORATED
JUNE 2017: INITIAL INVESTMENT OF $0.43M
2017 - Q2 2018: SUCCESSFUL PROOF OF CONCEPT FINALISED
ROADMAP
COMPETITIVE LANDSCAPE
NORDCOIN (NRDC) INITIAL COIN OFFERING
SERVICE DETAILS
A CRYPTO-MINING SERVICE
NRDC TOKEN, HOW IT WORKS
NORDCOIN HASHING POWER MINING AGREEMENT MAIN T&CS
MONITORING MINING PERFORMANCE
PROJECTED MINING RESULTS
NRDC TOKEN AND ICO STRUCTURE
NordCoin Mining Whitepaper
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PUBLIC SALE FOUNDERS ADVISORS BOUNTY
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BONUS STRUCTURE
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USE OF PROCEEDS
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GOVERNANCE
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TRANSFER OF MINING RESULTS
2

7
RISK MANAGEMENT
28
PARTNERSHIPS
32
TEAM
33
ADVISORS
35
STAY UP TO DATE
37
NordCoin Mining Whitepaper
4
...

LEGAL NOTICE
The purpose of this white paper is to present NordCoin – a cryptocurrency
mining operation – to potential community members who join the NordCoin
community in connection with the proposed NordCoin Token Launch, or “Initial
Coin Offering” (“ICO”). The information set forth below should not be considered
exhaustive and does not imply any elements of a contractual relationship. Its
sole purpose is to provide relevant and reasonable information to potential
token holders in order for them to determine whether to undertake a thorough
analysis of the company with the intent of acquiring NordCoin (NRDC) Tokens.
Nothing in this White Paper shall be deemed to constitute a prospectus of any sort
or a solicitation for investment, nor does it, in any way, pertain to an offering or a
solicitation or an offer to buy any securities in any jurisdiction. The document is not
composed in accordance with, and is not subject to, laws or regulations of any
jurisdiction which are designed ...

expressed, past, present or future by the aforementioned entities and any future
entities that may operate under the parent entities. NordCoin does not intend to
express financial, legal, tax or any other advice and any conclusions drawn from
statements made by, or on, NordCoin shall not be deemed to constitute advice in
any jurisdiction.
NordCoin Mining Whitepaper
6
...

CRYPTOCURRENCY MINING
Hash rate is the foremost driver of revenue for a crypto-mining operation. To reach
a high level of efficiency, a mining unit requires rapid heat dissipation and a stable
(uninterrupted) power supply. The primary operating cost of a crypto-mining unit is
therefore derived from the cost of energy, with cost of land being a significant
secondary factor.
Traditional crypto-mining farms have been long-term projects with significant
technical complexities. They consume large amounts of electricity, are limited in
their ability to adapt to local changes in the pricing structures of energy markets,
as well as remain generally unable to follow emerging global trends. Once built,
such farms are fixed to their location and associated energy transmission costs.
This creates a risk of losing competitiveness to other locations should prices
change unfavourably. The energy sector is typically governed by local monopolies,
which often limits negotiations for favourable electricity pri...

economical
2
and highly competitive, but electricity producers will also find them
mutually beneficial for offloading excess capacity .
Challenges of Cryptocurrency Mining
The Proof-of-work mechanism has an important role in maintaining
decentralisation and consensus within distributed networks. However, this model
has been criticised due to the ongoing centralization of mining power within the
hands of a few large miners. The outcome is a centralization of mining nodes
which could lead to security risks and defeats the vision of decentralisation.
Despite the willingness of new miners to enter the market, there are a number of
roadblocks which further reduce the level of competitiveness within the
crypto-mining industry. For smaller professional start-ups, a profitable entry to the
market remains behind a high barrier due to a number of concerns.

Arranging the supply of electricity.
One cluster (or container) can consume
as much electricity as 3 apartment b...

Nordcoin Mining Roadmap

1
October 2017
Plan and technical description for MMC proof of concept
2
November 2017
MMС proof of concept built
MMC shipped and start of mining operations
3
December 2017
Continuous improvement of the concept of MMC
4
January 2018
2 more MMCs built
5
April 2018
MMCs equipped with mining hardware
6
June 2018
Publish Whitepaper
MMC-4 built
7
July 2018
ICO sale
8
September 2018
Further MMCs built
9
October 2018
Mining commences
10
November 2018
Tokens released for ICO participants
11
December 2018
Launch of NordCoin Mining Platform
12
January 2019
Proprietary mining pool software launched
Siim Tenno
Advisors Siim Tenno Energy planning advisor

Heikki Laidma
Advisors Heikki Laidma Advisor

Kristjan Novitski
Advisors Kristjan Novitski Advisor

Kazuteru Arimura
Advisors Kazuteru Arimura Advisor

Addi Rull
Advisors Addi Rull Advisor

Rauno Kinkar
Advisors Rauno Kinkar Legal advisor

Mark Stukis
Team Member Mark Stukis Community & Marketing

Robert Kulbin
Team Member Robert Kulbin Systems Engineering

Chen Zheng-Hao
Team Member Chen Zheng-Hao Supply chain & logistics

Siim Leetberg
Team Member Siim Leetberg Technology & Security

Hermes Brambat
Team Member Hermes Brambat Board Member

Joel Mitt
Team Member Joel Mitt Board Member

Addi Rull
Addi Rull
Advisor
Sales & Development @Agrello
Sales & Development
Kazuteru Arimura
Kazuteru Arimura
Advisor
Co-Founder, Finance and Management Lead