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Nordcoin

NordCoin is running a scalable and efficient cryptocurrency mining farm based in the Nordics.
To fuel our further growth at a high productivity rate, we will soon be open to public token sale.

Participate in NordCoin tokensale and be part of the mining future!

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THE CHALLENGES WITH TRADITIONAL CRYPTOMINING

We are at the start of the blockchain boom, which is leading to an explosion of mining infrastructure. With this comes many challenges to cryptomining.
Crypto-mining consumes large amounts of electricity, and crypto-farms are often limited in their ability to adapt to local changes in the pricing structures of energy markets. Once built, crypto-farms are fixed to that location and the associated energy transmission costs.
With global trends changing so quickly, traditional crypto-farms lose competitiveness. By being stuck in one location, they are at risk of losing out to energy pricing changes, as well as being governed by local monopolies which can limit favourable electricity prices in the long term. Crypto-mining operations are often forced to make trade-offs to operating efficiency and scale, so that they can hedge risks associated with geographical and political factors outside of their control.

THE SOLUTION

NordCoin’s Mobile Mining Containers wrap up the difficulties of individual crypto-mining processes and transforms it into a simple, straightforward service. We believe that future crypto-mining operations should be decentralized, mobile and independent from any single government, as well as placed in a region with a surplus of electricity production.
Our Mobile Mining Container technology helps to mediate hash rate, cost of energy and cost of space, which typically affects the profitability of crypto-mining operations. Our self-contained, remote-controlled, crypto-mining solution is based on a standard 40ft freight container which can be transported anywhere in the world in pursuit of optimal mining conditions.
Secure

Secure

Our Mobile Mining Containers have 24hr manned security, video and audio surveillance, with only authorised personnel having access to the mining territory and equipment. Security is our priority.
Automated

Always monitoring

The NordCoin technical team monitors your investment around the clock, while alternating mining strategies to the most profitable ones. Automated monitoring software ensures performance with no downtime.
Crypto mining

Rent mining power

The NordCoin token (NRDC) entitles token holders to rent cryptocurrency mining power from NordCoin Mining. Crypto-mining results shall be forwarded to clients in various known cryptocurrencies.
Fully flexible

Fully flexible

Our all-in-one Mobile Mining Container allows us to move our containers to the most profitable locations, as well as ensuring we can scale as needed. Once the power is plugged in and there is an established internet connection, we can start mining operations automatically.
Fully flexible pattern
Conventional mining

Outperform conventional mining

Mobility, modularity and scalability together with cheap electricity assure competetive advatage compared to traditional small scale crypto mining.
The stable democratic governments 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.
Mining pattern

Mobile Mining Container

NordCoin MMCs are built within standard 40-foot shipping containers. The container is modified to include modular racks for housing and powering crypto-mining units and to ensure optimal mining performance within a wide variety of configurations as well as climate conditions.
The Nordcoin Mining team has developed the Mobile Mining Container (MMC) based upon a clear set of development principles and guidelines:
Mobility
Mobility
In every phase of NordCoin crypto-mining process security is the highest priority. MMC deployment locations have 24h manned security, video and audio surveillance. Only personnell authorised by NordCoin have access to our mining territory and equipment.
Modularity
Modularity
Our all-in-one MMC provides and ensures location independent scalability.
Cost efficiency
Cost-efficiency
Electricity acquired directly from the source ensures fixed low price and no downtime.
Plug and mine
Plug‘n‘mine
Once the power is plugged in and there is an established internet connection our MMCs start mining operations automatically.
Cooling optimization
Cooling optimization
While our operation is based in chilly Estonia, NordCoin has been able to design a highly-efficient cooling system for the MMC which adapts to any climate.
Mining comtainer
Mining container

Technical Description Of The Mining Container

40ft DC Standard Marine Container

Housing: 240 Bitmain Antminers or similar

Power supply: 300kw adjustable according to mining requirements

Cooling power: 13000 litres per second

Maintenance: remote maintenance for configuration of mining units (mixture of custom and off-the-shelf software)

Security: on-site security including video surveillance, air temperature and humidity sensors

Ambient temperature in the container: 15-30c

Ambient humidity in the container: 25-45%RH

Uptime: 99% uptime

Hashrate example: one container housing 240 Bitmain Antminer L3+ provides 120 GH/s (± 2%)

Token sale

A NordCoin token (also referred to as NRDC) entitles those who hold it to rent cryptocurrency hashing power from NordCoin Mining OÜ. Each NRDC token can be used to rent a fraction of the aggregate hashing output (across all algorithms) proportional to the total number of NRDC tokens acquired as part of the Initial Coin Offering (ICO).
Token Name
NordCoin
Token Symbol
NRDC
Issuer
NordCoin Mining OÜ
www.nordcoinmining.com
Issue Vehicle
Ethereum ERC20 Smart Contract
Token Type
Utility Token
ICO Duration
The ICO will end immediately upon reaching the maximum issue volume.
Nominal Token Price
1 NRDC = 1 USD
Total Token Supply
Max. 12,900,000 NRDC
Hard cap
10,965,000 USD
Soft cap
1,000,000 USD
Token Purchase
BTC, ETH, LTC, Wire transfer
Tokens Generated
85% Token Holders
10% Founding Team
3% Advisory Team
2% Bounty
Use of Proceeds
90% Purchase and Deployment of Mobile Mining Containers (MMCs)
7.5% Development
2.5% Administration
Bonus Structure
Day 1-5 10%
In order to purchase NordCoin tokens, participants should follow these simple steps:

1.

Indicate your intent to participate in the Token Offering by registering on our website

2.

Once the ICO goes live, an account needs to be created on the NordCoin Token Sale Platform
Token steps

3.

After a simple KYC and by signing the contract, the tokens can be purchased via the platform
Token steps

4.

Once the Token Issue Date has been reached, the NRDC can be withdrawn to your ETH Wallet
Token steps
In order to benefit from NordCoin mining operations, participants should follow these simple steps:

5.

Create a NordCoin SmartPool account and sign a Mining Contract

6.

Assign crypto wallet addresses to collect any mining results
Token steps

7.

Send NRDC to NordCoin Mining Platform in order to rent cryptocurrency hash power
Token steps

8.

Enjoy mining results transferred to your crypto wallet on a daily basis.
Token steps
Tokensale pattern

Whitepaper

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 ongoing expansion.

See whitepaper

Road map

Checkbox

October 2017

plan and technical description for MMC proof of concept
Checkbox

November 2017

MMС proof of concept built
MMC shipped and start of mining operations
Checkbox

December 2017 / Q1 2018

continuous improvement of the concept of MMC
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January / Q1 2018

2 more MMCs built
Checkbox

April / June 2018

MMCs equipped with mining hardware
Checkbox

June 2018

publish Whitepaper
MMC-4 built
Checkbox

July / Aug 2018

ICO sale
Checkbox

September / Q3

further MMCs built
Checkbox

October / Q4 2018

mining commences
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November / Q4 2018

tokens released for ICO participants
Checkbox

Dec 2018

launch of NordCoin Mining Platform
Checkbox

Jan / Q1 2019

proprietary mining pool software launched
Checkbox

Team

Hermes Brambat

Hermes Brambat

Board member
Hermes is a founding member of the Estonian Cryptocurrency Foundation and has been a professional cryptocurrency trader and miner since 2012. He is responsible for organising the building process of NordCoin Mining’s MMCs and long-term fund management strategies. His international business network and extensive entrepreneurship experience enables him to solve challenges quickly and efficiently.
Joel Mitt

Joel Mitt

Board Member
Joel has more than 15 years’ experience in the financial sector and for the last 7 years, he has been an entrepreneur involved in developing companies and structures from the ground up. Joel is very good at managing people and making sure that all administrative processes are according to the company's strategic vision.
Siim Leetberg

Siim Leetberg

Technology & Security
Siim has more than 10 years of experience in leading different IT projects in various fields such as payments, lending and big data. Cryptocurrency trader and miner since 2014.
Chen Zheng-Hao

Chen Zheng-Hao

Supply chain & logistics
A multicultural, experienced business developer and media planner with an extensive background in both Chinese and European markets, Chen’s expertise spans across B2B and B2C businesses in the IT industry.
Roberth Kulbin

Roberth Kulbin

Systems Engineering
Roberth is a generalist software engineer experienced in designing and building solutions for HPC, Big Data and cloud infrastructure, with a specific focus on horizontally distributed architectures and resiliency.
Mark Stukis

Mark Stukis

Community & Marketing
Mark is a social media marketing specialist with over 5 years of experience and a background in the music business.

Advisors

Rauno Kinkar

Rauno Kinkar

Legal advisor
Rauno is the leader of the IT/IP team in Law Firm LEXTAL. He consults clients on a day to day basis with legal issues related to IT solutions, ICOs, cryptocurrencies and other smart technologies. Rauno is also the author of the first Estonian broad-based and legal theoretical approach to self-driving vehicles.
Addi Rull

Addi Rull

Advisor
Addi Rull is a co-founder at Agrello, the first legal-tech company in the world. Agrello delivered a successful ICO in 2017 and now develops digital ID, signature and contract solutions. Addi has worked as a lecturer of IT and intellectual property law at Tallinn University of Technology and before that at ECB (European Central Bank) and at Trüb (Gemalto), the manufacturer of Estonian ID cards, as well as several other international companies. Addi graduated from LLM programmes of IT Law and Intellectual Property Law at Stockholm University.
Kazuteru Arimura

Kazuteru Arimura

Advisor
Kazuteru has more than seven years of experience in private equity, hedge funds and venture capital where he analyzed investment targets for several funds. He brings his financial expertise and management skills to the role of finance and investment lead at blockhive and e-Best Ventures.
Kristjan Novitski

Kristjan Novitski

Advisor
Kristjan Novitski is the founder of Cash On Go Ltd, one of the leading online lenders in the UK. He holds approval from the Financial Conduct Authority UK and has been the co-founder of several innovative businesses. Kristjan has been a pioneer in bringing Big Data, Machine Learning and Blockchain Technologies to financial services and commodity trading. He has been involved in crypto-mining since 2015. Kristjan also holds a Product Development Engineering degree from Tallinn University of Technology.
Heikki Laidma

Heikki Laidma

Advisor
Fintech, blockchain and cryptocurrencies enthusiast/entrepreneur with years of working experience on high and mid level management positions in financial, automotive, oil and chemicals and power production industry.
Siim Tenno

Siim Tenno

Energy planning advisor
Siim Tenno is co-founder of ICP Solutions, a company that provides its customers with industrial renewable energy and power generation solutions. Siim has 9 years of experience in managing different energy sector projects. He is responsible for connecting innovation and investors to develop new technologies that lower the cost of energy production. He also consults various companies regarding cost analysis and project development. Siim holds a Mechanical Engineering degree from Tallinn University of Technology.

FAQ

Utility tokens provide users with future access to products or services. An NRDC token can be used to rent a fraction of the aggregate hashing output (across all algorithms) proportional to the total number of NRDC tokens acquired as part of this Initial Coin Offering (ICO).

We accept Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and wire transfers.

There will be maximum 12,900,000 NRDC tokens available.

After acquiring NRDC tokens and in order to benefit from NordCoin mining operations, participants must create an account on the NordCoin Mining Platform and sign the Mining Contract. This is followed by assigning a crypto wallet to collect any mining results. The final step is to send NRDC tokens to the NordCoin Mining Platform in order to rent hashing power.

Mining rewards forwarding will commence in Q4 2018.

You need an ERC20 token compatible wallet for token withdrawal (like MyEtherWallet or similar).

Yes you can!
Please contact us via email.

There is a 10% bonus during the first five (5) days of the ICO.

NordCoin Mining is based in Tallinn, Estonia.

First indicate your intent to participate in the Initial Coin Offering (ICO) by registering your interest on our website. Once the ICO goes live, an account needs to be created on the NordCoin Token Sale Platform. After a simple KYC and by signing the contract, the tokens can be purchased via the platform. Once the Token Issue Date has been reached, NRDC tokens can be withdrawn to your ETH Wallet.

No, only the ICO hard cap - 10.965.00,00 Million USD.

If the hard cap is not reached, the number of MMCs built will be proportionately smaller. However in this case, the total number of tokens issued would be smaller too and the overall projected profitability per token stays the same.

Every single NRDC token will give you the right to receive 1/12,900,000 of the total hashing power.

Electricity cost is 0.079 USD per kWh.

Participants who have signed the Mining Contract and have transferred their NRDC tokens to the NordCoin Mining platform will be eligible to benefit from mining results.

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