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Exclusive interview. BURATINO — new generation of miners

Exclusive interview. BURATINO — new generation of miners
130 05.10.2018

BASE.INFO team has interviewed Alexey Permyakov the Founder and CEO of BURATINO project. We have asked the most topical questions to get acquainted with the project and to learn the future plans of the BURATINO team.

Please welcome, Alexey Permyakov.

Please describe your company/project in 2 sentences.

Multi-mining system for SHA-256 and SCRYPT.

Why did you decide that blockchain should be the basis of your project?

We manufacture equipment to maintain the network of the blockchain in working order.We solved two problems that are at the moment. This is noise from working miners and heat dissipation. Thus, we increased energy efficiency.

Why did you launch the ICO? Was it the only option to collect the funds?

A year and a half we developed a chip for our money. But the output to mass production is very expensive. So we decided to go to the ICO to start production.

Briefly describe your team. Why these people became the engine of your project?

BURATINO Blockchain team was established based on “Specalgorithmy” research institute that has several years of experience in design and production of complex radio electronic equipment. First company product was Trezor mini hardware wallet. It is based on an open license Creative Commons 4.0. A wallet of Trezor, world cryptocurrency storage leader, was updated and reduced in size.

The whole team has many years of experience in the field of radio electronics development. Virtually all natives and the military industry, therefore, the quality approach we have is appropriate.

What are the main centerpiece and the highlight of your project? What will attract the investors’ attention?

Multi-miner Papa Carlo with the high productivity and energy efficient 7nm node chip is manufactured with the capacity of Samsung Foudry. The basis for the miner is a multifunctional crystal that houses 3 types of logical cores. 2 of them allows mining of more than 14 cryptocurrencies easily switching between them, and the Cortex M4 core is used in a variety of devices such as IoT, Wi-Fi, BLE, etc.

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;

What are your thoughts about ICO marketing? Can it be really effective due to all the restrictions and other phenomenas?

If you produce a decent product, then no restrictions you do not interfere

Why is your project better than your competitors?

The whole team has many years of experience in the field of radio electronics development. Virtually all natives and the military industry, therefore, the quality approach we have is appropriate.

What are the major ways of monetization for your project?

Sale of multi-miners.

Which markets are the most attractive for you right now? Do you take in consideration the USA and other countries with the legal restrictions for the crypto crowdfundings?

We view the whole world. Because people are engaged in mining all over the world. And this is correct because this is the only way to achieve decentralization of the system.

Describe your project in 3 years? Will it change something in the world?

We changed the world a bit for the better and it became a bit more ecological. Because we do not dissipate heat as other ASIC miners do, and we collect it and let it heat the houses, water, greenhouses.

 

Project Buratino

Сайт проекта: https://buratino.io

WhitePaper: http://buratino.io/static/files/WP-en.pdf

Lite Paper: http://buratino.io/static/files/1page-en.pdf

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